About Home value Property history Market statistics Schools Neighborhood Places of interest

View/Area
Other
Exterior

367 Melton Rd, Burns Harbor, IN 46304

$90,209

Last sold 03/21/2025 for $75K

2
bed
1
bath
784
Sqft ($96/Sqft)

House not for sale

About 367 Melton Rd

Property type House

Neighborhood

Year built 1941

HOA fee $0/month

Lot size 0.92 Acre

Movoto estimate

Parking 1 garage spaces

Rental estimate

Property description

Prime 0.92-acre parcel in Burns Harbor, located in the versatile residential/Commercial 2 District (RC2). This property is ideally suited for a range of commercial and mixed-use developments, offering significant potential for future growth. A feature of the property is a 784 SF house built in 1941, perfect for renovation into a functional office space. The large lot also provides ample opportunity to install a pole barn, adding utility for storage. The RC2 zoning encourages a vibrant mix of uses, including community retail, oce, lodging, and multifamily residential, with a focus on creating a walkable, bikeable, and vehicle-friendly environment. The strategic location within this mixed-use corridor makes this property ideal for an owner-occupant or investor seeking to contribute to the growing Burns Harbor community while having the flexibility to adapt to a variety of uses.

Listed by

Listing Agent - Ryan Peters

Listing Agent Contact: (219) 510-3720

Listing Office - StreetFront, LLC

Source: NIRA

MLS#812993 • last updated 1 year ago

Movoto checked NIRA for data 1 hour ago

Overview
Heating	None
Levels/Style	One
Type	Residential
SubType	Single Family Residence
SqFt	784
Status	Closed
MLS #	812993
Lot Size (Acres)	0.92
Lot Size (SqFt)	40075.2
Property Tax	658.92
Year Built	1941
Property Condition	Fixer

Interior
Total # of Bathrooms	1
# of Full Baths	1
# Bedrooms	2
Laundry	Other
Interior Features	Other
Appliances	Other

Exterior
Parking Desc	Driveway
# Garage Spaces	1
Exterior Features	None
Lot Dimensions	270x148
Lot Desc	Other
Fencing	None

Amenities / Utilities
Electricity	Other
Utilities	Electricity Connected, Phone Connected, Water Connected, Sewer Connected, Natural Gas Connected
Water Source	Public

Location
View	None
County	Porter
Directions	Situated Just 0.5 Miles From Route 149 And 1.8 Miles US Highway 12, It Provides Easy Connectivity To I-94, Which Is Only 1.5 Miles Away, And I-90, A Mere 5.5 Miles From The Property.
APN	640605300030000000
Zoning	Residential

$90.2K

Range: $81.1K-$99.2K

Last 30 days

Rental est.: $1,220/month

• Gross rent multiplier: 5.1 - Great

May 2025
MLS # 812993
May 6, 2025 Sold
$75,000 (-11.8%)
Mar 21, 2025 Pending
—
Jan 27, 2025 Price Change
$85,000 (-10.5%)
Oct 4, 2024 Listed
$95,000 (+5.6%)
Feb 2024
MLS # 492304
Feb 28, 2024 Sold
$90,000 (-21.7%)
Jan 22, 2022 Active Undr Contract
—
Nov 26, 2021 Price Change
$115,000 (-2.5%)
Oct 7, 2021 Price Change
$118,000 (-0.8%)
Jul 21, 2021 Price Change
$119,000 (-0.8%)
Jun 1, 2021 Price Change
$120,000 (-3.2%)
May 24, 2021 Price Change
$124,000 (-3.1%)
May 4, 2021 Listed
$128,000

367 Melton Rd
$75K
N/a
—
46304
$394K 0% y/y
Burns Harbor
$334K -3% y/y

No chart available

Statistics calculated by Movoto

	Est. value	Bed/bath	Sqft	mi
362 Marilyn Rd, Burns Harbor, IN 46304	$315,000	4/2	1,328	0.06
364 Marilyn Rd, Burns Harbor, IN 46304	$243,000	3/2	1,104	0.06
360 Marilyn Rd, Burns Harbor, IN 46304	$294,000	4/2	1,328	0.06
366 Marilyn Rd, Burns Harbor, IN 46304	$275,000	3/2	1,152	0.06
358 Marilyn Rd, Burns Harbor, IN 46304	$270,000	3/2	1,104	0.07
368 Marilyn Rd, Burns Harbor, IN 46304	$361,000	4/2	2,072	0.07
356 Marilyn Rd, Burns Harbor, IN 46304	$313,000	4/2	1,328	0.08
370 Marilyn Rd, Burns Harbor, IN 46304	$312,000	3/3	1,280	0.08

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.