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Sold on 02/26/2024
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293 Melton Rd, Burns Harbor, IN 46304

  • $267,000

    Last sold 02/26/2024 for $106K

  • 11

    bed

  • —

    bath

  • 5,039

    Sqft ($21/Sqft)

Multi-family not for sale
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About 293 Melton Rd

Property type Multi-family
Year built 1947
HOA fee $0/month
Lot size 2.48 Acre
Movoto estimate
Parking 8 garage spaces
Property description
Wonderful opportunity! 4 Houses on 2 parcels all for one price! 5 total rental units and all fully occupied. On nearly 2.5 acres. Plenty of options to keep as is with a great ROI, or rezone for commercial use. Owner pays only water and garbage. All other utilities are paid by the tenants. Seller will not split parcels. Cash buyers only.
Listed by
Listing Agent - Jason Utesch
Listing Office - Realty Executives Premier
Source: NIRA mls logo
MLS#393101 • last updated 2 years ago
Movoto checked NIRA for data 8 minutes ago
Overview
Heating Forced Air, Natural Gas, Other
Type Residential Income
SqFt 5039
Status Closed
MLS # 393101
Lot Size (Acres) 2.48
Lot Size (SqFt) 108029
Year Built 1947
Interior
# of Full Baths 6
# Bedrooms 11
Total # of Rooms 18
Laundry In Unit, Other
Interior Features Elevator
Appliances Dryer, Range, Refrigerator, Washer
Exterior
Parking Desc Detached
# Garage Spaces 8
Lot Dimensions 2.48 Acres
Amenities / Utilities
Utilities Cable Available, Sewer Available
Water Source Public
Location
County Porter
Subdivision None
High School District Duneland School Corporation
Directions 149 To 20 East On 20 To Property On North Side
APN 640604151007000060
Multifamily Details
Gross Scheduled Income 43500
Total Rent 43500
Net Operating Income 35339
Lot/ Land Details
Road Surface Gravel
$267K
Range: $189K-$344K
Last 30 days 
  • Feb 2024
    mls logo MLS # 393101
  • Feb 26, 2024 Sold
    $106,000
  • May 5, 2016 Listed
    $106,000
  • Jun 2016
    Public Records
  • Jun 1, 2016 Sold
    $106,000
  • Year Property taxes Tax assessment
  • 2024
    $4,582 +4.8%
    $216,200 +5.16%
  • 2023
    $4,372 +10.1%
    $205,600
  • 2022
    $3,971 +21.6%
    $205,600 +6.81%
  • 2021
    $3,265 -2.9%
    $192,500 +14.79%
  • 2020
    $3,362 +3.4%
    $167,700
  • 2019
    $3,252 +5.7%
    $167,700 +9.04%
  • 2018
    $3,076 +5.5%
    $153,800 +3.29%
  • 2017
    $2,915 +18.1%
    $148,900 +3.84%
  • 2016
    $2,468 -0.4%
    $143,400
  • 2015
    $2,479
    —
  • 293 Melton Rd
    $106K
  • —
  • 46304
    $437K +9% y/y
  • Burns Harbor
    $271K -15% y/y
No chart available
Statistics calculated by Movoto

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7/10
Newton Yost Elementary School
public Grades K-4
Duneland School Corporation
9/10
Westchester Intermediate School
public Grades 5-6
Duneland School Corporation
8/10
Chesterton Middle School
public Grades 7-8
Duneland School Corporation
9/10
Chesterton Senior High School
public Grades 9-12
Duneland School Corporation
Source: GreatSchools.org © 2026. All rights reserved.

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