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

5240 Melton Rd, Gary, IN 46403

$77,000

Last sold 02/28/2024 for $4K

2
bed
2
bath
1,528
Sqft ($3/Sqft)

House not for sale

About 5240 Melton Rd

Property type House

Neighborhood

Year built 1949

HOA fee $0/month

Lot size 0.26 Acre

Movoto estimate

Property description

this property is eligible under the Freddie Mac 1rst Look thru 3/31/15 for owner occupied buyers. sold as is. zoned commercial per city of Gary and need to check with city on what this property can be used for, including if residential usage is allowed.

Listed by

Listing Agent - Raoule A. Bainbridge

Listing Office - American Home Realty Services,

Source: NIRA

MLS#367428 • last updated 2 years ago

Movoto checked NIRA for data 11 minutes ago

Overview
Heating	Natural Gas, None
Levels/Style	One, Bungalow
Type	Residential
SubType	Single Family Residence
SqFt	1528
Status	Closed
MLS #	367428
Lot Size (Acres)	0.258
Lot Size (SqFt)	11238
Property Tax	1298
Year Built	1949
Property Condition	Fixer

Interior
# Three-Quarter Baths	1
Total # of Bathrooms	2
# of Half Baths	1
# Bedrooms	2
Total # of Rooms	5
Appliances	None
Fireplace	Great Room, Living Room

Exterior
Parking Desc	None
Exterior Features	None
Lot Dimensions	0.258
Lot Desc	Rolling Slope

Amenities / Utilities
Water Source	Public

Location
County	Lake
Subdivision	Indian Hills Sub
High School District	Gary
Directions	Melton Rd Is US 20 No Parking In Front. Easiest Access Is Thru Alley Off Of US 12
APN	450906376021000000

$77K

Range: $61.6K-$92.4K

Last 30 days

Feb 2024
MLS # 367428
Feb 28, 2024 Sold
$4,000 (-93.7%)
Mar 10, 2015 Listed
$4,900 (-92.6%)
Feb 2024
MLS # 582476
Feb 26, 2024 Sold
$63,000 (+687.5%)
Mar 31, 1999 Listed
$65,900
Dec 2019
Public Records
Dec 5, 2019 Sold
$8,000 (+63.3%)

Year Property taxes Tax assessment
2024
$734 -86.1%

$64,700 +8.01%
2023
$5,281 +277.8%

$59,900
2022
$1,398 +0.7%

$59,900 +0.34%
2021
$1,388 +9.6%

$59,700 +5.48%
2020
$1,267 +114.7%

$56,600 +2.35%
2019
$590 +0.4%

$55,300 +4.34%
2018
$588 -33.8%

$53,000 +30.22%
2017
$888 -24.6%

$40,700 -0.97%
2016
$1,178

$41,100 -3.52%
2015
$1,178 -11.7%

$42,600
2014
$1,334

—

5240 Melton Rd
$4K
Aetna
$100K -25% y/y
46403
$160K -19% y/y
Gary
$125K -5% y/y

No chart available

Statistics calculated by Movoto

	Est. value	Bed/bath	Sqft	mi
5306 Melton Rd, Gary, IN 46403	$72,000	3/1	1,088	0.01
811 Elkhart St, Gary, IN 46403	$117,000	2/1	916	0.04
5322 Melton Rd, Gary, IN 46403	$88,000	3/1	1,852	0.04
815 Elkhart St, Gary, IN 46403	$48,000	2/1	876	0.04
819 Elkhart St, Gary, IN 46403	$103,000	3/1	1,106	0.05
800 Fayette St, Gary, IN 46403	$140,000	3/1	1,048	0.05
816 Elkhart St, Gary, IN 46403	$113,000	4/1	1,424	0.06
816 Fayette St, Gary, IN 46403	$129,000	3/1	968	0.06

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