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  • Price cut: $6K (7/4)
    $129,900

    731 Martin Luther King Dr, Gary, IN 46402

    3beds
    1,440sqft
    : 
    $922/mo
    Get pre-qualified
    Single Family Residence
    Built in 1947
    5,000 Square Feet Lot
    $-- Zestimate®
    $90/sqft
    $-- HOA

    What's special

    Brand-new drywallFresh paint throughoutUpdated doorsNew flooringBrand-new kitchen cabinetsFully renovated bathroomNew roof
    Stunning Transformation - Move-In Ready! Discover this beautifully renovated 3-bedroom, 1-and 1/2; bathroom home where modern upgrades meet everyday convenience. Every detail has been carefully addressed, offering a fresh start for homeowners or a turnkey addition to a rental portfolio. Key features include: Completely Refreshed Interior: Enjoy brand-new drywall, fresh paint throughout, new flooring, and updated doors. Modern Kitchen & Bath: The heart of the home shines with brand-new kitchen cabinets and a fully renovated bathroom. Major System Upgrades: Peace of mind comes standard with a new roof, new water heater/boiler, and updated electrical systems. Future Potential: The layout offers the exciting potential to add a half-bath, and the spacious lot provides room to build a garage. The property features both front and back yards, perfect for outdoor activities or gardening. Location is everything--you are just minutes away from the hospital, major shopping malls, various retail stores, and offer quick, easy access to I-65 for a seamless commute. Don't miss out on this "like-new" gem. Schedule your showing today!
    76 days
    |
    146
    |
    6
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Luis Cortes,

    Listing Leaders Lifestyles, LL 219-225-2000

    Source: NIRA as distributed by MLS GRID,MLS#: 838599MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 1
      • 1/2 bathrooms: 1
      Rooms
      • Room types: Bedroom 2, Other Room, Primary Bedroom, Living Room, Laundry, Kitchen, Family Room, Bedroom 3
      Primary bedroom
      • Level: Main
      • Area: 104
      • Dimensions: 13.0 x 8.0
      Bedroom 2
      • Level: Main
      • Area: 110
      • Dimensions: 11.0 x 10.0
      Bedroom 3
      • Level: Basement
      • Area: 112
      • Dimensions: 14.0 x 8.0
      Family room
      • Level: Basement
      • Area: 130
      • Dimensions: 13.0 x 10.0
      Kitchen
      • Level: Main
      • Area: 104
      • Dimensions: 13.0 x 8.0
      Laundry
      • Level: Basement
      • Area: 84
      • Dimensions: 12.0 x 7.0
      Living room
      • Level: Main
      • Area: 150
      • Dimensions: 15.0 x 10.0
      Other
      • Level: Basement
      • Area: 132
      • Dimensions: 12.0 x 11.0
      Heating
      • Natural Gas
      Appliances
      • Included: Gas Water Heater, Refrigerator
      • Laundry: Laundry Room, Other
      Features
      • Eat-in Kitchen, Pantry
      • Windows: Aluminum Frames
      • Basement: Finished,Walk-Out Access,Full
      • Has fireplace: No
      Interior area
      • Total structure area: 1,440
      • Total interior livable area: 1,440 sqft
      • Finished area above ground: 720

      Property

      Parking
      • Parking features: Alley Access, On Street, Concrete
      Features
      • Levels: One
      • Has view: Yes
      • View description: Other
      Lot
      • Size: 5,000 Square Feet
      • Features: Back Yard, Front Yard
      Details
      • Parcel number: 450803479005000004
      • Special conditions: None

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Condition
      • New construction: No
      • Year built: 1947

      Utilities & green energy

      • Electric: 100 Amp Service
      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Connected, Natural Gas Connected, Electricity Available

      Community & HOA

      Community
      • Security: Fire Alarm
      • Subdivision: Resub Gary Land Cos 13th Sub
      HOA
      • Has HOA: No
      Location
      • Region: Gary

      Financial & listing details

      • Price per square foot: $90/sqft
      • Tax assessed value: $104,900
      • Annual tax amount: $2,652
      • Date on market: 5/9/2026
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,VA Loan,Other,FHA,Conventional

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,669/mo

        Price history

        DateEventPrice
        7/4/2026Price change$129,900-4.4%$90/sqft
        Source: NIRA as distributed by MLS GRID #838599 Report a problem
        6/17/2026Price change$135,900-2.9%$94/sqft
        Source: NIRA as distributed by MLS GRID #838599 Report a problem
        5/26/2026Price change$139,900-3.5%$97/sqft
        Source: NIRA as distributed by MLS GRID #838599 Report a problem
        5/9/2026Listed for sale$145,000+14400%$101/sqft
        Source: NIRA as distributed by MLS GRID #838599 Report a problem
        1/17/2023Sold$1,000$1/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,360 +298.3%$104,900 +11.5%
        2024$593 +3.3%$94,100 +300.4%
        2023$574 +7.2%$23,500 +4.9%
        2022$535 +4.5%$22,400 +7.2%
        2021$512 +28.1%$20,900 +4.5%
        2020$400 -97.8%$20,000
        2019$18,578 +13.1%$20,000 -5.2%
        2018$16,427 +2819%$21,100 -13.9%
        2017$563 $24,500 -3.5%
        2016$563 -31.1%$25,400 -27.2%
        2014$817 +1.5%$34,900 -2.5%
        2013$804 -2.9%$35,800 +0.3%
        2012$828 -12.5%$35,700 -9.6%
        2011$947 -1.8%$39,500 +2.3%
        2010$965 $38,600 -6.8%
        2009-- $41,400
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Downtown

        Getting around

        11 / 100
        Car-Dependent
        33 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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