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3992 Adams St, Gary, IN 46408

$61,000

Last sold 09/15/2025 for $66.8K

3
bed
1
bath
1,042
Sqft ($64/Sqft)

House not for sale

About 3992 Adams St

Property type House

Neighborhood

Year built 1948

HOA fee $0/month

Lot size 3,259 Sqft

Movoto estimate

Property description

Turnkey rental in Gary! This solid 3-bed, 1-bath brick home sits on a large corner lot and comes with a long-term tenant paying 1,200/month with a history of on-time payments. Two of the bedrooms are located in the finished basement, offering a functional layout and rental flexibility.Low-maintenance exterior, stable cash flow, and strong rental demand make this a great addition to any portfolio.

Listed by

Listing Agent - Angelo Pedroza

Listing Agent Contact: (219) 798-6172

Listing Office - Estate Squared Away

Source: NIRA

MLS#824635 • last updated 1 year ago

Movoto checked NIRA for data 6 minutes ago

Overview
Heating	Forced Air, Natural Gas
Levels/Style	One
Type	Residential
SubType	Single Family Residence
SqFt	1042
Status	Closed
MLS #	824635
Lot Size (Acres)	0.0748
Lot Size (SqFt)	3259
Property Tax	714
Year Built	1948

Interior
Total # of Bathrooms	1
# of Full Baths	1
# Bedrooms	3
Total # of Rooms	5
Interior Features	Entrance Foyer
Appliances	None

Exterior
Parking Desc	Concrete, On Street
Exterior Features	None
Lot Desc	Back Yard

Amenities / Utilities
Electricity	100 Amp Service
Utilities	Sewer Connected, Water Connected
Water Source	Public

Location
View	Neighborhood
County	Lake
Subdivision	GEO. & WM. EARLES 2ND GLEN PARK ADDITION
Directions	From I-94, Take Exit 10 (Broadway), Head North, Turn Right On 40th Ave, Then Left On Adams St. Home Is On The Corner Of 40th & Adams At 3992 Adams St.
APN	450828277034000000

$61K

Range: $54.9K-$67.1K

Last 30 days

Sep 2025
MLS # 824635
Sep 15, 2025 Sold
$66,880
Jul 25, 2025 Pending
—
Jul 16, 2025 Listed
$65,000 (+4.8%)
Sep 2025
Public Records
Sep 3, 2025 Sold
$66,880 (+2.9%)
Jul 2024
MLS # 805877
Jul 29, 2024 Sold
$62,000
Jun 25, 2024 Listed
$65,000 (+151.0%)
Jul 2024
Public Records
Jul 29, 2024 Sold
$62,000 (-4.6%)
Feb 2024
MLS # 171684
Feb 25, 2024 Sold
$25,900 (-69.5%)
Oct 25, 2006 Listed
$35,000
May 2023
MLS # 528134
May 16, 2023 Price Change
$84,899
Apr 1, 2023 Listed
$84,900 (+1745.7%)
May 2009
Public Records
May 15, 2009 Sold
$4,600 (-86.9%)

Year Property taxes Tax assessment
2024
$672 -66.1%

$24,300 +8.0%
2023
$1,984 +314.1%

$22,500
2022
$479 -70.8%

$22,500 +20.32%
2021
$1,641 -0.9%

$18,700 +7.47%
2020
$1,656 +212.0%

$17,400 -7.45%
2019
$531 -68.9%

$18,800 -11.74%
2018
$1,706 +190.2%

$21,300 -20.82%
2017
$588 -22.3%

$26,900 -1.1%
2016
$757

$27,200 -23.6%
2015
$757 -8.9%

$35,600
2014
$831

—

3992 Adams St
$66.8K
Glen Park
$128K 0% y/y
46408
$149K +2% y/y
Gary
$125K -5% y/y

No chart available

Statistics calculated by Movoto

	Est. value	Bed/bath	Sqft	mi
3988 Adams St, Gary, IN 46408	$66,000	2/1	800	0
4000 Adams St, Gary, IN 46408	$56,000	3/1	1,669	0.02
3985 Adams St, Gary, IN 46408	$57,000	2/1	751	0.03
3989 Adams St, Gary, IN 46408	$64,000	2/1	770	0.03
4008 Adams St, Gary, IN 46408	$98,000	2/1	1,012	0.03
3981 Adams St, Gary, IN 46408	$62,000	2/1	744	0.03
3968 Adams St, Gary, IN 46408	$100,000	3/1	1,127	0.03
139 W 40th Ave, Gary, IN 46408	$53,000	3/1	888	0.03

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.