Listing provided courtesy of Listing Leaders Lifestyles, LLNorthwest Indiana MLSas Distributed by MLSGrid- MLS# 838599MLS Provider

731 Martin Luther King DriveGary, IN 46402

Single Family · 3 Beds · 1 Full Bath · 1 Half Bath · 1,440 Sq. ft. | 0.11 Acres
$135,900 Active

731 Martin Luther King Drive Overview

Time on Site:
51 days
Visits:
0

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!

Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
View Map

731 Martin Luther King Drive Facts & Features

  • Type Single Family
  • Sq. ft. 1,440
  • Price/Sq.ft. $94
  • Lot 0.11 Acres

Details

General

Association/HOA

  • Association: false

Building Information

  • New Construction: false
  • Year Built: 1947

Location/Region

  • County Or Parish: Lake
  • Subdivision Name: Resub Gary Land Cos 13th Sub
  • Township: Calumet

Tax Information

  • Tax Annual Amount: 2652
  • Tax Assessed Value: 104900
  • Tax Year: 2025

General Information

  • Listing Terms: Cash,VA Loan,Other,FHA,Conventional
  • Parcel Number: 450803479005000004
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Special Listing Conditions: None

Interior

Parking Information

  • Garage: false

Beds/Baths

  • Bathrooms Full: 1
  • Bathrooms Half: 1
  • Bathrooms Three Quarter: 0
  • Bathrooms Total: 2
  • Bedrooms Total: 3

Building Interior

  • Above Grade Finished Area: 720

General Information

  • Appliances: Gas Water Heater,Refrigerator
  • Electric: 100 Amp Service
  • Fireplace: false
  • Heating: Natural Gas
  • Interior Features: Eat-in Kitchen,Pantry
  • Laundry Features: Laundry Room,Other
  • Levels: One
  • Living Area: 1440
  • Living Area Source: Assessor
  • Rooms Total: 8
  • Security Features: Fire Alarm
  • Window Features: Aluminum Frames

Exterior

Parking Information

  • Parking Features: Alley Access,On Street,Concrete

Lot Information

  • Additional Parcels: false
  • Lot Features: Back Yard,Front Yard
  • Lot Size Acres: 0.1148
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 5000
  • Water Source: Public

Waterfront/View

  • View: Other
  • Waterfront: false

Building Exterior/Construction

  • Property Attached: false

General Information

  • Sewer: Public Sewer
  • Utilities: Cable Connected,Natural Gas Connected,Electricity Available

Room Information

Room: Bedroom 3

  • Level: Basement
  • Area: 112
  • Dimensions: 14.0 x 8.0
  • Length: 14
  • Width: 8

Room: Family Room

  • Level: Basement
  • Area: 130
  • Dimensions: 13.0 x 10.0
  • Length: 13
  • Width: 10

Room: Laundry

  • Level: Basement
  • Area: 84
  • Dimensions: 12.0 x 7.0
  • Length: 12
  • Width: 7

Room: Other

  • Level: Basement
  • Area: 132
  • Dimensions: 12.0 x 11.0
  • Length: 12
  • Width: 11

Room: Bedroom 2

  • Level: Main
  • Area: 110
  • Dimensions: 11.0 x 10.0
  • Length: 11
  • Width: 10

Room: Kitchen

  • Level: Main
  • Area: 104
  • Dimensions: 13.0 x 8.0
  • Length: 13
  • Width: 8

Room: Living Room

  • Level: Main
  • Area: 150
  • Dimensions: 15.0 x 10.0
  • Length: 15
  • Width: 10

Room: Primary Bedroom

  • Level: Main
  • Area: 104
  • Dimensions: 13.0 x 8.0
  • Length: 13
  • Width: 8

731 Martin Luther King Drive Neighborhood

Community

46402 (GARY) Demographics

34
Median Age
1,714
Population Density (per sq. mile)
15%
College Educated
$23,630
Estimated Median Income
1,179
Estimated Total Home Owners
1,469
Estimated Total Renters
45% / 55%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

731 Martin Luther King Drive Monthly Cost

$
$ %
%
$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

731 Martin Luther King Drive Market Data

Based on the last 30 days in this zip code

$108,955
Average List Price
$64
Average Price per Square Foot
9
Properties Sold
90
Average Days on Market
28
Properties for Sale
Calculations provided by Reliance Network

731 Martin Luther King Drive History

Date Event Value Agent
6/16/2026Source: Northwest Indiana MLS Price Reduction
$135,900 -2.9%
5/26/2026Source: Northwest Indiana MLS Price Reduction
$139,900 -3.5%
5/9/2026Source: Northwest Indiana MLS Added to Database
May 09, 2026