$65,000

759 Martin Luther King Dr Gary, IN 46402

Downtown Gary Neighborhood

Estimated payment $427/month

Total Views 3,570
2 Beds
1 Bath
720 Sq Ft
$90 Price per Sq Ft

About This Home

CALLING ALL INVESTORS! Great opportunity to own an investment property that already has a tenant in place! Make this home yours and immediately start collecting rental income. Current lease expires at the end of April 2026.

Listing Agent

Christopher Stjernholm

Trelora Realty License #RB23000819 Listed on: 07/21/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $956

Year Built

  • Built in 1947

Lot Details

  • 5,000 Sq Ft Lot

Interior Spaces

  • 720 Sq Ft Home
  • 1-Story Property
  • Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Community Details

  • No Home Owners Association
  • G & L Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 450803479009000004

Home Details

Home Type

Single Family

Est. Annual Taxes

$956

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Other
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2024
  • Year Built: 1947
  • Building Area Total: 720
  • Garage Y N: No
  • Lot Size Acres: 0.12
  • Subdivision Name: G & L Sub
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • Special Features: None

Interior Features

  • Basement: Yes
  • Appliances: Other
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Hi-Speed Internet Availbl
  • Living Area: 720
  • Main Level Bedrooms: 2
  • Eating Area: None
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 720
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 0
  • Rooms Basement: 0

Exterior Features

  • Construction Materials: Other
  • Foundation Details: See Remarks
  • List Price: 65000

Garage/Parking

  • Parking Features: Other
  • Garage Sq Ft: 528

Utilities

  • Cooling: Other
  • Heating: Other
  • Water Source: Other
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Property Attached Yn: No
  • Horse Amenities: None
  • Lot Size Sq Ft: 5000
  • Parcel Number: 450803479009000004
  • Acres: <1/4 Acre
  • Price Acre: 541667

Tax Info

  • Tax Annual Amount: 956
  • Tax Lot: 00000
  • Semi Annual Property Tax Amt: 478

Map

Range of Values:

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,130 $36,400 $6,000 $30,400
2023 $856 $35,500 $5,300 $30,200
2022 $856 $33,400 $4,900 $28,500
2021 $789 $30,800 $4,900 $25,900
2020 $751 $29,300 $4,900 $24,400
2019 $646 $29,300 $4,900 $24,400
2018 $716 $30,900 $5,200 $25,700
2017 $774 $34,400 $5,200 $29,200
2016 $821 $35,700 $5,200 $30,500
2014 $1,112 $47,500 $6,300 $41,200
2013 $1,110 $49,400 $6,300 $43,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2025 07/21/25 For Sale $65,000 +9185.7% $90 / Sq Ft
10/09/2015 10/09/15 Sold $700 0.0% $0 / Sq Ft
09/28/2015 09/28/15 Pending -- -- --
08/25/2015 08/25/15 For Sale $700 -- $0 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Available
Quit Claim Deed -- None Available
Special Warranty Deed -- Resource Title Of Cincinnati
Sheriffs Deed $15,417 None Available
Warranty Deed -- Indiana Title Network Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $33,375 New Conventional
Previous Owner $14,250 Credit Line Revolving
Previous Owner $12,000 Credit Line Revolving
Previous Owner $55,800 Purchase Money Mortgage
Source: Public Records

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22050666

MIBOR Broker Listing Cooperative®

APN: 45-08-03-479-009.000-004

Indiana Lake County Gary 46402 Downtown Gary

759 Martin Luther King Dr, Gary, IN

This home is located at 759 Martin Luther King Dr, Gary, IN 46402 and is currently priced at $65,000, approximately $90 per square foot. This property was built in 1947. 759 Martin Luther King Dr is a home located in Lake County with nearby schools including Daniel Hale Williams Elementary School, Gary Middle School, and West Side Leadership Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIBOR Broker Listing Cooperative® Based on information submitted to the MLS GRID. 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.

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Listing Agent
Christopher Stjernholm
Trelora Realty