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704 Martin Luther King Dr

Michigan City, IN 46360

3 bd 2 ba 1,120 sqft Built 1962 Lot 8,093 sqft single_family
Most recent sale
$170,000
Dec 21, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 21, 2023 Sold $170,000 NIRA
May 5, 2023 Sold $92,000 NIRA

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $100,400 $14,300 $114,700 $2,294
2022 $56,900 $14,300 $71,200 $1,424
2021 $52,200 $14,300 $66,500 $1,330
2020 $50,700 $14,300 $65,000 $1,300
2019 $50,700 $14,300 $65,000 $1,348
2018 $49,400 $6,300 $55,700 $1,244
2017 $51,300 $6,300 $57,600 $1,162
2016 $48,700 $6,300 $55,000 $1,200
2015 $60,000 $6,300 $66,300 $1,100
2013 $60,800 $6,300 $67,100 $407
2012 $51,900 $6,300 $58,200 $319
2010 $36,500 $2,700 $39,200 $423

Property facts

Year built
1962
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,120 sqft
Lot size
8,093 sqft
ZIP code
46360
City
Michigan City
Street
Martin Luther King Dr
Coordinates
41.72793, -86.85957

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,680
Gross rental yield
11.86%
Implied cap rate
7.71%
Trend-extrapolated value

Frequently asked questions

When did 704 Martin Luther King Dr last sell?
704 Martin Luther King Dr most recently sold on Dec 21, 2023 for $170,000.
What is the current tax assessment for 704 Martin Luther King Dr?
The most recent total assessment for 704 Martin Luther King Dr (year 2024) is $114,700 with $2,294 in property tax.
How does 704 Martin Luther King Dr's assessment compare to its last sale price?
The current assessment is 32.5% below the last sale price of $170,000.
When was 704 Martin Luther King Dr built?
704 Martin Luther King Dr was built in 1962.
How does 704 Martin Luther King Dr compare to others on Martin Luther King Dr?
We track 5 other properties on Martin Luther King Dr. Browse the list under "Other properties on Martin Luther King Dr" to compare beds, baths, and sale history.
What are the property facts for 704 Martin Luther King Dr?
704 Martin Luther King Dr is a 3 bed, 2 bath, 1,120 sqft, 8,093 sqft lot single_family.
Is 704 Martin Luther King Dr a flip candidate?
Yes — 704 Martin Luther King Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 704 Martin Luther King Dr a tax-appeal candidate?
No — 704 Martin Luther King Dr is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-3.1%
Implied 1-yr
-12.4%
2026 Q3
$256.6K
2026 Q4
$246.6K
ZIP 46360 — Median Price History + Forecast

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