Date
Details
Price
Change
Source
3/25/2026
Listed
$80,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/26
$80,000
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1/26
Property Description
Welcome to 5425 Melton Road, a versatile mixed-use property offering both commercial and residential opportunities in one convenient location. This well-maintained building provides excellent potential for investors or owner-occupants looking to generate additional income. The commercial space offers great visibility and accessibility, making it ideal for a variety of business uses such as retail, office, or service-based operations. With a functional layout and ample space, it's ready to support your business needs. Whether you're expanding your investment portfolio or looking for a live/work opportunity, 5425 Melton Road presents a unique and valuable opportunity. Schedule your showing today!
Full Property Details
Full Property Details for 5425 Melton Rd
General
- Price: $80,000
- Taxes: $1,556 (2024)
- Status: Active
- Type: Commercial
- Source: GNIAR
- MLS ID: 836030
- Updated: 3/25/2026
- Added to Site: 19 day(s) ago
Parking
- Parking Features: Driveway
Location
- County: Lake
- Township: Calumet
- Driving Directions: From Portage, IN, head west on Melton Rd (US-20). Continue to 5425 Melton Rd. Property will be on the right.
Heating & Cooling
- Heating Type: Forced Air
Structural Information
- Square Feet: 936
- Year Built: 1929
Lot Features
- Lot Size (Acres): 0.1089
- Lot Size (Sq. Ft.): 4,743.68
Financial Considerations
- Tax Amount: $1,556.54
- Tax Year: 2024
- Terms: Lease Purchase
Disclosures and Reports
- Legal Description: RESUB. BLKS 3, 7, 8 INDIAN HILLS ADD. EX. S.4FT. L.1 BL.7 & EX. N.10FT. L.1 BL.7
- Property ID: 450906380019000004
Buyer's Brokerage Compensation: Contact Listing Agent
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Meet the listing agent
Meet the listing agent
— 5425 Melton Rd —
(219) 614-7986 mobile
(219) 865-9911 direct
NMLS#: 1598647
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Schools
Schools serving 5425 Melton Rd
School District:Gary Community School Corporation
| Name | Grades | Distance |
|---|---|---|
Banneker Elementary at Marquette 6401 Hemlock Avenue, Gary, IN 46403 | K-5 | 1.2 mi |
Mary M Bethune Early Child Development Center 2367 East 21st Avenue, Gary, IN 46407 | PK- | 2.2 mi |
Gary Middle School 301 Parke Street, Gary, IN 46403 | 6-8 | 1.6 mi |
West Side Leadership Academy 9th & Gerry St, Gary, IN 46406 | 9-12 | 7.1 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 5425 Melton Rd
Tax History
Tax History for 5425 Melton Rd
Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,733
—
$44,500
2%
2024
$2,733
-30%
$43,500
-2%
2023
$3,897
20%
$44,200
-3%
2022
$3,245
-14%
$45,600
6%
2020
$3,780
52%
$42,900
—
2019
$2,484
-16%
$42,900
-24%
2018
$2,970
33%
$56,800
-1%
2017
$2,241
—
$57,600
-2%
2017
$2,241
-1%
$58,900
12%
2016
$2,264
39%
$52,400
1%
2015
$1,628
-70%
$52,100
-43%
2013
$5,412
-2%
$91,700
1%
2012
$5,532
—
$91,100
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5425 Melton Rd
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- Lots/Land
- Active
- Updated 3 days ago
- 0.145Acres
Listed by Byowner.Com
- Single Family
- Active
- Updated 4 days ago
- 3Beds
- 1Total Bath
- 1,620Sq. Ft.
Listed by Listing Leaders Affiliated
- Single Family
- Active
- Updated 3 days ago
- 4Beds
- 1Total Bath
- 1,404Sq. Ft.
Listed by White Hat Realty Group, LLC
- Single Family
- Active
- Updated 1 day ago
- 4Beds
- 3Total Baths
- 2,900Sq. Ft.
Listed by Lincoln-Way Realty
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- Single Family
- Active
- Updated 6 days ago
- 3Beds
- 1Total Bath
- 1,408Sq. Ft.
Listed by McColly Real Estate
- Single Family
- Active
- Updated 4 days ago
- 3Beds
- 2Total Baths
- 2,100Sq. Ft.
Listed by Coldwell Banker Real Estate Gr
- Single Family
- Active
- Updated 5 days ago
- 3Beds
- 2Total Baths
- 1,485Sq. Ft.
Listed by Favela Real Estate, LLC
- Lots/Land
- Active
- Updated 6 days ago
- 0.193Acres
Listed by Platlabs, LLC
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- Single Family
- Closed
- 2Beds
- 1Total Bath
- 750Sq. Ft.
Listed by SCHUPP Real Estate
Sold by Weichert Realtors - Shoreline
Sold by Weichert Realtors - Shoreline
- Single Family
- Closed
- 3Beds
- 1Total Bath
- 1,066Sq. Ft.
Listed by McCormick Real Estate, Inc.
Sold by Favela Real Estate, LLC
Sold by Favela Real Estate, LLC
- Single Family
- Closed
- 2Beds
- 1Total Bath
- 778Sq. Ft.
Listed by McColly Real Estate
Sold by Better Homes and Gardens Real
Sold by Better Homes and Gardens Real
- Single Family
- Closed
- 3Beds
- 1Total Bath
- 1,012Sq. Ft.
Listed and Sold by RE/MAX Realty Associates
5425 Melton Road, Gary, IN 46403 (MLS# 836030) is a Commercial property. 5425 Melton Road is currently listed for $80,000 and was received on March 25, 2026. This property is listed by Armond Boulware from our Northwest Indiana Office.Want to learn more about 5425 Melton Road? Do you have questions about finding other Commercial real estate for sale in Gary? You can browse all Gary real estate or contact a Coldwell Banker agent to request more information.