3940 Pierce St, Gary, IN 46408
Property image
Property image
SOLD
JUL 30, 2026

$118,800

Trulia Estimate
  • 3 Beds
  • 1 Bath
  • 748 sqft

3940 Pierce St, Gary, IN 46408

University Park
Est. Refi. Payment $784/mo*
Refinance Your Home
Currently Off Market - Sold Jul 30, 2026 for $119,000 (3% above list price)

Home Value

Trulia Estimate
$119K
Since last month
Increased$300 (+0.3%)
Since last year
Increased$2K (+1.6%)
Since last sale
Increased$100 (+0.1%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +660% in the last 10 years
MonthEstimated value
2026
August 2026$119K
August 2026$119K
January 2026$116K
2025
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
4024 Tyler St, Gary, IN
0.22
Single-Family Home
$122,000
07/09/26
2
1
792
3980 Tyler St, Gary, IN
0.20
Single-Family Home
$128,000
01/26/26
3
1
1,042
3679 Buchanan St, Gary, IN
0.32
Single-Family Home
$112,000
06/05/26
3
1
918
1645 W 40th Ave, Gary, IN
0.32
Single-Family Home
$127,500
07/21/26
3
1
1,056
3737 Fillmore St, Gary, IN
0.27
Single-Family Home
$175,500
02/02/26
3
1
1,080
4034 Fillmore St, Gary, IN
0.14
Single-Family Home
$28,000
04/20/26
2
1
672
4115 Fillmore St, Gary, IN
0.24
Single-Family Home
$51,000
12/12/25
2
1
950
519 W 39th Ave, Gary, IN
0.43
Single-Family Home
$150,000
05/21/26
3
1
1,369
4381 Lincoln St, Gary, IN
0.56
Single-Family Home
$146,000
06/22/26
3
1
960

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
3946 Pierce St, Gary, IN 46408
0.01
$140,500
2
1
1,620
Off Market
3934 Fillmore St, Gary, IN 46408
0.06
-
3
1
864
Off Market
3967 Lincoln St, Gary, IN 46408
0.09
$97,200
3
1
812
Off Market
3948 Polk St, Gary, IN 46408
0.13
$152,500
3
1
2,240
Off Market
4037 Buchanan St, Gary, IN 46408
0.12
$146,400
3
1
1,047
Off Market
1301 W Ridge Rd, Gary, IN 46408
0.12
$130,000
-
-
-
Recently Sold
4034 Fillmore St, Gary, IN 46408
0.14
$28,000
2
1
672
Recently Sold
3942 Lincoln St, Gary, IN 46408
0.13
$89,000
2
1
-
Off Market
4067 Buchanan St, Gary, IN 46408
0.16
$191,100
3
2
1,668
Off Market
4047 S Lincoln St, Gary, IN 46408
0.16
$80,100
3
1
-
Off Market
3960 Tyler St, Gary, IN 46408
0.19
$94,800
2
1
759
Off Market

Local Information

  • Map ViewExplore the area around 3940 Pierce St.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1955
Living Area
748 sqft
Price/Sqft
$159/sqft

About this House

Welcome to a well kept home in Calumet Township offering both comfort and strong financial upside. For those who want to move into their beautiful new home this home features a practical layout, a bright living area, and a spacious yard--ideal for everyday living, outdoor enjoyment, or future improvements. Its location near Indiana University Northwest, major employers, and key transit routes ensure steady demand and lasting value. Whether you're looking for an affordable primary home or a smart investment with immediate income potential, this property delivers versatility and long term stability. This owner is offering all 8 income generating properties in their portfolio as a single package deal, or purchase only this property. Creating a rare chance to acquire immediate cash flow. Perfect for investors looking to expand rapidly, streamline management, or secure a high performing rental portfolio in one transaction. This property does not have to be sold as a package it can be sold as a single sale.
3940 Pierce St, Gary, IN 46408 is a 3 bedroom, 1 bathroom, 748 sqft single-family home in University Park, built in 1955. It last sold for $119,000 on Jul 30, 2026 (3% above the $115,000 asking price). More recently, it was listed as a rental in January 2025 with an asking price of $1,600 per month. That rental listing was removed on March 6, 2025. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $118,800, with a rent estimate of $1,168/month.
Last check for updates: about 2 hours ago
Listed by Jeff McCormick
McCormick Real Estate, Inc., (219) 663-9300
Breanne Shumaker
McCormick Real Estate, Inc., (219) 663-9300
Bought with: Diana Espinoza, LPT Realty LLC, (877) 366-2213
Source: NIRA as distributed by MLS GRID, MLS#834042

Home Details for 3940 Pierce St

Active Status

MLS Status: Closed

Interior Features

Interior Details
Basement: UnfinishedNumber of Rooms: 5Types of Rooms: Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Living Room
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 1Number of Bathrooms (full): 1
Dimensions and Layout
Living Area: 748 Square Feet
Appliances & Utilities
Utilities: Electricity Connected, Water Connected, Sewer Connected, Natural Gas ConnectedAppliances: Microwave, Refrigerator, RangeLaundry: Gas Dryer Hookup,Washer HookupMicrowaveRefrigerator
Heating & Cooling
Heating: Forced AirHas HeatingHeating Fuel: Forced Air
Fireplace & Spa
No Fireplace
Gas & Electric
Electric: 100 Amp Service
Levels, Entrance, & Accessibility
Levels: One
View
No ViewView: None

Exterior Features

Parking & Garage
No GarageNo Attached GarageParking: On Street
Water & Sewer
Sewer: Public Sewer
Finished Area
Finished Area (above surface): 748

Property Information

Year Built
Year Built: 1955
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family Residence
Building
Not a New ConstructionNot Attached PropertyNo Additional Parcels
Property Information
Parcel Number: 450828155012000004

Price & Status

Price
List Price: $115,000Price Per Sqft: $159/sqft

Location

Direction & Address
City: GaryCommunity: Oakington Park 1st Sub

Building

Building Area
Building Area: 748 Square Feet

HOA

No HOA

Lot Information

Lot Area: 3746.16 sqft

Listing Info

Special Conditions: None

Offer

Listing Agreement Type: Exclusive Right To SellListing Terms: Cash, VA Loan, FHA, Conventional

Miscellaneous

BasementMls Number: 834042Above Grade Unfinished Area: 748Below Grade Unfinished Area: 748

Price and Tax history

DateEventPrice
Jul 30, 2026
Source: NIRA as distributed by MLS GRID #834042
Sold
$119,000
Jun 16, 2026
Source: NIRA as distributed by MLS GRID #834042
Pending
$115,000
Jun 9, 2026
Source: NIRA as distributed by MLS GRID #834042
PriceChange
$115,000
Price decreased by 8%
Jun 4, 2026
Source: NIRA as distributed by MLS GRID #834042
PriceChange
$124,900
Price decreased by 7%
Mar 10, 2026
Source: NIRA as distributed by MLS GRID #834042
PriceChange
$135,000
Price decreased by 4%

Market trends in Gary

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$139K
$14.26KMoM
Sale-to-List Price
98.9%
0.8%MoM
Price per sq ft
$97
$11MoM
Available listings
350
2MoM

Around this home

View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

University Park
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about University Park

At least 109 Trulia users voted on each feature.

  • 90 % Say car is needed

  • 88 % Say yards are well-kept

  • 81 % Say there are sidewalks

  • 79 % Say parking is easy

  • 62 % Say there's holiday spirit

  • 57 % Say it's dog friendly

  • 57 % Say kids play outside

  • 53 % Say there's wildlife

  • 48 % Say they plan to stay for at least 5 years

  • 43 % Say neighbors are friendly

  • 43 % Say it's quiet

  • 28 % Say it's walkable to restaurants

  • 28 % Say streets are well-lit

  • 28 % Say there are community events

  • 25 % Say it's walkable to grocery stores

  • 22 % Say people would walk alone at night

Sourced by Trulia users. Learn more about our methodology.
  • Ryleasha Coleman
    "Nothing we don’t have any community events around here the you hear is sirens Loud music no kids playing "
    0
    Flag
  • Joci
    "I just moved here and already want to move back to another part of lake county that feels more safe and like home."
    21
    Flag
  • ernest d eskridge
    "The neighborhood is wonderful there is nothing bad about this neighborhood whatsoever so ever the people are friendly "
    3
    Flag
  • Trulia User
    "the abandoned homes make the neighborhood unique. I work in the area and meet interesting people. most people seem nice. "
    10
    Flag
  • Trulia User
    "Yes they would. Lots of parks and space for owners to walk their dogs. There is even a walking trail near by."
    1
    Flag
  • Trulia User
    "It’s quiet and peaceful. I love my neighbors and the sense of community. I would recommend this community to anyone looking for a good place to raise your family."
    26
    Flag
  • Trulia User
    "Neighborhood is still in depression state from years of families moving out and leaving their homes. But the area is on the up and up with neighbors taking pride in their land and beautifying their lands. I have been here two years and enjoy it."
    0
    Flag
  • Antoinette722
    "It is important that parents feel comfort moving into the home, your kids are safe, and it’s in the district of great area for children can play. "
    10
    Flag
  • Lynceta G.
    "there's none unless you create for your family and friends. Election years politicians seeking office holds events and community meetings. l like it to be none intrusive."
    5
    Flag
  • Monopoltizeent
    "Not a area that needs to be gentrified, we good with the way it is middle class urban community that dont want any change unless it benefits us that have lived here for years"
    7
    Flag
  • Tamera W.
    "There are new businesses opening. I see homes that need tax and they would have great potential for new home owners. Most homes are very well kept and the neighbors are friendly "
    8
    Flag
  • Emerson
    "It was ok. I think the neighbors didn't like me because i had two pit bull dogs, and one got out of the yard without my knowing. When i found out i retrieved him immediately, but i still sensed that the neighbors viewed me with disdain."
    108
    Flag
  • Brandy K.
    "Somewhat easy on the week day, and on the weekend easy breezy. Love the area but would like to be somewhere way different "
    6
    Flag
  • Cullen B.
    "Lived here 10 year and it’s not the worries and can stand to be a lot better but it’s not that bad either. "
    2
    Flag
  • Michaelmimssr95
    "nothing about this place is unique gary needs work it's every where to many abandoned house some places you rent from be having mold problems "
    4
    Flag
  • Michaelmimssr95
    "it's not gary needs alot of work to many abandoned houses and it need cleaning alot of trash every where you go and renting house of here is not good these landlord don't do nothing and it's to many schools closed down."
    2
    Flag

LGBTQ Local Legal Protections

Based on information submitted to the MLS GRID as of 2026-09-02 12:37:44 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Click here for more information

Frequently asked questions about 3940 Pierce St

  • What is 3940 Pierce St estimated to be worth?
    Trulia's estimated value for 3940 Pierce St in Gary, IN is $118,800.
  • What is the price history for 3940 Pierce St?
    3940 Pierce St in Gary, IN last sold for $119,000 in July 2026.
  • Is Gary a buyer's or seller's market?
    Gary is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in Gary?
    The median sale price in Gary is $139K. That is up $14.26K from the prior month.
  • Does 3940 Pierce St have laundry facilities?
    Yes, 3940 Pierce St in Gary, IN has laundry facilities.
  • How big is the lot at 3940 Pierce St?
    The lot at 3940 Pierce St in Gary, IN is about 0.09 acres (3,746 sq ft).

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