Closed

$112,000

724 Martin Luther King Dr, Gary, IN 46402

3beds

1,440sqft

Single Family Residence

Built in 1946

6,875 Square Feet Lot

$122,700 Zestimate^®

$78/sqft

$1,551 Estimated rent

Home value

$122,700

$110,000 - $135,000

$1,551/mo

Zestimate^® history

Owner options

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$1,551/mo

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$1,551/mo

Rent Zestimate^®

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$565/mo

Est. payment

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$565/mo

Est. payment

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What's special

Located off of Dunes Highway 12, just minutes from tollroad and major highways. This property is a must see and perfect for your modern commuter. The home is a corner lot and has new flooring, a brand new kitchen, appliances, HVAC and water heater just to name a few of the updates. Two exceptional sized bedrooms and full bathroom on main level. Finished basement along with third bedroom in the basement. The kitchen overlooks the large fenced yard. Schedule your showing and come see this property TODAY!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 1
Full bathrooms: 1

Rooms

Room types: Basement, Primary Bedroom, Living Room, Kitchen, Bedroom 3, Bedroom 2

Primary bedroom

Area: 121.5
Dimensions: 13.5 x 9.0

Bedroom 2

Area: 120
Dimensions: 12.0 x 10.0

Bedroom 3

Area: 150
Dimensions: 15.0 x 10.0

Basement

Area: 594
Dimensions: 27.0 x 22.0

Kitchen

Area: 117
Dimensions: 13.0 x 9.0

Living room

Area: 165
Dimensions: 15.0 x 11.0

Heating

Forced Air

Appliances

Included: Refrigerator
Laundry: In Basement

Features

None
Basement: Concrete,Finished

Interior area

Total structure area: 1,440
Total interior livable area: 1,440 sqft
Finished area above ground: 720

Property

Parking

Parking features: On Street

Features

Levels: One
Exterior features: Private Yard
Fencing: Back Yard
Has view: Yes
View description: None

Lot

Size: 6,875 Square Feet
Dimensions: 55 x 125
Features: Back Yard, Landscaped, Corner Lot

Details

Parcel number: 450803478018.000004

Construction

Type & style

Home type: SingleFamily
Architectural style: Ranch
Property subtype: Single Family Residence

Condition

Updated/Remodeled
New construction: No
Year built: 1946

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

HOA

Has HOA: No

Location

Region: Gary

Financial & listing details

Price per square foot: $78/sqft
Tax assessed value: $72,700
Annual tax amount: $254
Date on market: 12/7/2024
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,VA Loan,FHA,Conventional

Price history

Date	Event	Price
2/11/2025	Listing removed	$1,300$1/sqft
Source: Zillow Rentals Report a problem
2/6/2025	Price change	$1,300+8.3%$1/sqft
Source: Zillow Rentals Report a problem
2/5/2025	Listed for rent	$1,200$1/sqft
Source: Zillow Rentals Report a problem
1/17/2025	Listing removed	$1,200$1/sqft
Source: Zillow Rentals Report a problem
1/16/2025	Listed for rent	$1,200$1/sqft
Source: Zillow Rentals Report a problem
1/8/2025	Listing removed	$1,200$1/sqft
Source: Zillow Rentals Report a problem
1/7/2025	Listed for rent	$1,200$1/sqft
Source: Zillow Rentals Report a problem
12/6/2024	Listing removed	$1,200$1/sqft
Source: Zillow Rentals Report a problem
12/5/2024	Listed for rent	$1,200$1/sqft
Source: Zillow Rentals Report a problem
12/3/2024	Sold	$112,000-13.2%$78/sqft
Source: NIRA as distributed by MLS GRID #809199 Report a problem
8/28/2024	Listed for sale	$129,000+437.5%$90/sqft
Source: NIRA as distributed by MLS GRID #809199 Report a problem
8/18/2023	Sold	$24,000-17.2%$17/sqft
Source: NIRA as distributed by MLS GRID #534102 Report a problem
7/31/2023	Contingent	$29,000$20/sqft
Source: NIRA as distributed by MLS GRID #534102 Report a problem
7/25/2023	Listed for sale	$29,000+5700%$20/sqft
Source: NIRA as distributed by MLS GRID #534102 Report a problem
1/14/2022	Sold	$500
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,615 +534.3%	$72,700 +12.9%
2024	$255 -2.5%	$64,400 +537.6%
2023	$261 +0%	$10,100 -1%
2022	$261	$10,200
2021	$261 +28.1%	$10,200
2020	$204 -91.5%	$10,200
2019	$2,407 +28.4%	$10,200
2018	$1,875 +772.3%	$10,200
2017	$215	$10,200
2016	$215 -9.9%	$10,200
2014	$239 +6.2%	$10,200 +2%
2013	$225 -73.6%	$10,000 -72.8%
2012	$852 -23.6%	$36,700 -21.1%
2011	$1,115 -1.5%	$46,500 +2.6%
2010	$1,132	$45,300 -6.8%
2009	--	$48,600