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$25,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 3 Total Beds
  • Updated 1 day ago
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2 units for 25K!!! This property could be an excellent addition to an experienced investor's portfolio. Enter at your own risk! Sold "AS IS". Cash offers only.... HARD MONEY IS NOT CASH!!

Full Property Details for 1937 Martin Luther King Dr

General

  • Price: $25,000
  • Taxes: $687 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: GNIAR
  • MLS ID: 837267
  • Updated: 4/17/2026
  • Added to Site: 1 day(s) ago

Interior

  • Number of Rooms: 5
  • Interior Features: None
  • Appliances: None

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 3

Parking

  • Parking Features: On Street

Location

  • County: Lake
  • Township: Calumet
  • Subdivision: None
  • Driving Directions: I 80 and Broadway, North on Broadway, West on East 21st Ave., North on MLK Dr, Property is on the West side of the street.

Community

  • Pets Allowed: Yes

Heating & Cooling

  • Heating Type: None

Structural Information

  • Year Built: 1935

Lot Features

  • Lot Size (Acres): 0.1
  • Lot Size (Sq. Ft.): 4,356
  • Lot Features: Back Yard, Rectangular Lot, Front Yard

Financial Considerations

  • Tax Amount: $687
  • Tax Year: 2025
  • Terms: Cash

Disclosures and Reports

  • Legal Description: SECOND ADD. TO PULASKI VILLAGE ALL L.9 BL.4
  • Property ID: 450810479008000004

Listed by McColly Real Estate

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Listing agent

— 1937 Martin Luther King Dr —

  • McColly Real Estate

tjboyle2300@yahoo.com

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NMLS#: 1598647

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 1937 Martin Luther King Dr

School District:Gary Community School Corporation
NameGradesDistance
Daniel Hale Williams Elementary School
1320 East 19th Avenue, Gary, IN 46407
K-50.1 mi
Mary M Bethune Early Child Development Center
2367 East 21st Avenue, Gary, IN 46407
PK-0.6 mi
Gary Middle School
301 Parke Street, Gary, IN 46403
6-84.2 mi
West Side Leadership Academy
9th & Gerry St, Gary, IN 46406
9-124.7 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1937 Martin Luther King Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/17/2026
Listed
$25,000
82.48%
MLS
10/30/2025
Sold
$13,700
—
Public Record
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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1937 Martin Luther King Dr

Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,253
—
$23,000
5%
2024
$3,253
77%
$22,000
6%
2023
$1,834
-93%
$20,800
7%
2022
$24,677
1465%
$19,400
5%
2020
$1,577
-14%
$18,400
3%
2019
$1,838
—
$17,900
7%
2019
$1,838
-9%
$16,700
-54%
2018
$2,030
154%
$36,700
-1%
2017
$800
—
$37,000
-4%
2017
$800
-3%
$38,600
-2%
2016
$823
—
$39,200
—
2015
$826
-63%
$39,200
4%
2013
$2,219
-1%
$37,600
2%
2012
$2,241
—
$36,900
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by McColly Real Estate

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1937 Martin Luther King Drive, Gary, IN 46407 (MLS# 837267) is a Multi-Family property with units containing 3 bedrooms and 2 full bathrooms. 1937 Martin Luther King Drive is currently listed for $25,000 and was received on April 17, 2026. Want to learn more about 1937 Martin Luther King Drive? Do you have questions about finding other Multi-Family real estate for sale in Gary? You can browse all Gary real estate or contact a Coldwell Banker agent to request more information.

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