OFF MARKET

Off market jan 2020 for $25K

$152,382

Est. refi paymentEst. refi $179/mo

•

1 ba

•

979

sq ft

5414 Melton Rd, Gary, IN 46403

About this home

Three Lots, A Well-Done Rehab, on a generously sized parcel of property on busy U. S. -20 slated for nearby massive Transit Oriented Development and Double Tracking. Get in while you can. Potential office/business conversion (professional services) or continue as a single family home enjoying a convenient location with close access to a grocery store, South Shore Line Train, and US 12/20 + I65. Plus, Lake Michigan beaches are only 2.5 miles away! Great investment opportunity.

Single-familyProperty Type

1927Year Built

0.27 acresLot Size

$156Est. Price/Sq.Ft.

Listed by William Godwin • Godwin Realty Company

•219-376-2113 (broker)

•billggodwin@gmail.com (broker)

Bought with Benjamin Fontanez • McColly Real Estate

•219-763-4565 (broker)

•portage@mccolly.com (broker)

Source:NIRA MLS as Distributed by MLS Grid #446542

Redfin Estimate

$152,382

$127K since sold in January 2020$8,000 since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 26.5% higher than the average sale price ($120K) of 6 comparable homes.

SOLD JUL 28, 2026
$76,000
A
3 beds1 bath1,928 sq ft
1240 Benton St, Gary, IN 46403
SOLD JUN 26, 2026
$35,000
B
2 beds1 bath1,027 sq ft
1015 New Jersey St, Gary, IN 46403
SOLD APR 27, 2026
$150,000
C
4 beds1 bath1,942 sq ft
1012 Oklahoma St, Gary, IN 46403
SOLD AUG 26, 2026
$198,000
D
3 beds1 bath1,044 sq ft
355 S Howard St, Gary, IN 46403
SOLD MAR 27, 2026
$127,500
E
3 beds1 bath1,060 sq ft
1121 Dekalb St, Gary, IN 46403
SOLD SEP 28, 2026
$136,250
F
3 beds1.5 baths2,513 sq ft
4060 E 13th Ave, Gary, IN 46403

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Earn from this home

Refinance

Est. cash available

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Rent

$1,100/mo

Redfin rental estimate

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Market trends in 46403, IN

Last updated September 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-List Price

96.4%

+0.6% MoM

Median sale price

$218K

$2K MoM

Avg. days on market

43d

2 days MoM

Recently sold homes

0 MoM

New listings for sale

EARLY ACCESS
$465,000
4 beds2 baths2,556 sq ft
7700 Locust Ave, Gary, IN 46403
$129,000
3 beds1 bath936 sq ft
1208 E Greene Pl, Gary, IN 46403
(219) 306-8911
FOR SALE BY OWNER
$25,000
2 beds1 bath1,904 sq ft
841 Floyd St, Gary, IN 46403
$169,900
3 beds1.5 baths3,328 sq ft
4401 E 13th Ave, Gary, IN 46403
(219) 865-9911
$299,000
4 beds2 baths2,352 sq ft
420 N Lake St, Gary, IN 46403
(219) 440-0070
$244,900
4 beds2 baths2,021 sq ft
4132 E 11th Pl, Gary, IN 46403
(219) 763-4565
$424,000
3 beds2.5 baths2,696 sq ft
7525 Indian Boundary, Gary, IN 46403
(219) 865-9911
FOR SALE BY OWNER
$340,000
4 beds2 baths2,246 sq ft
7719 Maple Ave, Gary, IN 46403
$300,000
4 beds2 baths2,442 sq ft
7001 Ash Pl, Gary, IN 46403
(219) 462-2224
$384,900
3 beds2 baths2,924 sq ft
631 N Miami St, Gary, IN 46403
(219) 310-1243
See all

Provided by Redfin

Sale history for 5414 Melton Rd

Date

Event

Price

Public Records

Jan 24, 2020

Sold

$25,600

$26/sq ft

NIRA MLS as Distributed by MLS Grid #446542

Jul 26, 2019

Sold

$109,900

$112/sq ft

Nov 26, 2018

Listed

$109,900

$112/sq ft

+13

Year

Property tax

Land + Additions

Assessment*

2024

$1,503 (+9.8%)

$11,700 + $113,900

$125,600

2023

$1,369 (−1.4%)

$11,700 + $104,000

$115,700

2022

$1,389 (+5.8%)

$11,800 + $103,200

$115,000

2021

$1,312 (+2.9%)

$11,800 + $97,600

$109,400

2020

$1,276 (+167.4%)

$11,800 + $94,900

$106,700

2019

$477 (−48.7%)

$10,100 + $31,600

$41,700

2018

$930 (+3.7%)

$9,300 + $29,200

$38,500

2017

$897 (+118.7%)

$9,300 + $29,400

$38,700

2016

$410 (−44.1%)

$3,100 + $30,800

$33,900

2015

$733 (+1.5%)

$3,800 + $31,000

$34,800

2013

$722

$3,800 + $43,300

$47,100

Tax history for 5414 Melton Rd

Year

Property tax

Land + Additions

Assessment*

2024

$1,503 (+9.8%)

$11,700 + $113,900

$125,600

2023

$1,369 (−1.4%)

$11,700 + $104,000

$115,700

2022

$1,389 (+5.8%)

$11,800 + $103,200

$115,000

2021

$1,312 (+2.9%)

$11,800 + $97,600

$109,400

2020

$1,276 (+167.4%)

$11,800 + $94,900

$106,700

2019

$477 (−48.7%)

$10,100 + $31,600

$41,700

2018

$930 (+3.7%)

$9,300 + $29,200

$38,500

2017

$897 (+118.7%)

$9,300 + $29,400

$38,700

2016

$410 (−44.1%)

$3,100 + $30,800

$33,900

2015

$733 (+1.5%)

$3,800 + $31,000

$34,800

2013

$722

$3,800 + $43,300

$47,100

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Property details

Interior

Basement Information
Basement Sq. Ft: 979
Basement Type: Finished

Bathroom Information
# of Full Baths: 1
# of Bathroom Fixtures: 5

Heating & Cooling
Heating Fuel Type: Gas
Heating Type: Warm Air

Room Information
# of Rooms: 2

Exterior

Exterior Information
Physical Condition: Fair
Construction Type: Brick/Stone
Building Type: Single Family

Property Information
Subdivision Name: INDIANA HILLS ADD
Living Sq. Ft: 979
Adjusted Gross Sq. Ft: 1,958
Building Sq. Ft: 1,958
# of Stories: 1
Legal Description: RESUB. BL'S 3,7,& 8 INDIAN HILLS ADD. BL.3 LOTS 37,38 & 39 EX. S.10FT IN R/W

Lot Information
# of Buildings: 1
Land Sq. Ft: 11,805
Legal Lot Number: 37
Legal Block Number: 3
Municipality Name: CALUMET TOWNSHIP
Acres: 0.271
Depth Footage: 131
Front Footage: 90
County Use Description: SINGLE FAMILY PLATTED LOT

Utility Information
Electricity / Wiring Type: Available
Sewer Type: Public
Water Service Type: Public

Financial

Assessor Information
Assessment Year: 2024
Tax District County: GARY CP CALUMET TP GARY SCH

Public facts

Beds: 2
Baths: 1.0
Sq. Ft.: 979
Stories: 1.0
Lot Size: 0.27 acres
Style: Single Family Residential
Year Built: 1927
Year Renovated: 2005
County: Lake County
APN: 450906377008000004

Home facts updated by county records on Sep 9, 2026

Around this home

Schools

Banneker Elementary at Marquette

Public K-5 • Assigned • 1.2mi

3/10

Gary Middle School

Public 6-8 • Assigned • 1.6mi

3/10

West Side Leadership Academy

Public 9-12 • Assigned • 7.0mi

2/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

6/10 Fire Factor

14% chance of being in a wildfire in next 30 years

2/10 Heat Factor

7 days above 103° expected this year, 15 days in 30 years

2/10 Wind Factor

0% chance of strong winds in next 30 years

4/10 Air Factor

6 unhealthy days expected this year, 7 days in 30 years

Provided by First Street

Historical weather

Gary, IN • 46403

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 10.3 hours in June and 3.2 hours in December, placing it below the U.S. average for solar exposure.

10.3 hrs

3.2 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$145,000 – $176,000

Sell confidently with a local market expert in Gary. 3 minutes to get started.

Nearby similar homes

FOR SALE BY OWNER

$25,000

2 beds1 bath1,904 sq ft

841 Floyd St, Gary, IN 46403

$32,500

3 beds1 bath1,200 sq ft

1164 Decatur St, Gary, IN 46403

(219) 440-0070

$19,900

2 beds1.5 baths1,560 sq ft

866 Floyd St, Gary, IN 46403

(219) 712-9928

$774,900

3 beds3 baths2,728 sq ft

8508 Pine Ave, Gary, IN 46403

(219) 962-7538

$248,000

4 beds2 baths1,838 sq ft

2852 Clay St, Lake Station, IN 46405

(219) 669-6081

SHORT SALE

$110,000

3 beds1 bath884 sq ft

2516 Central Dr, Gary, IN 46407

(219) 462-2224

New listings for sale in 46403

EARLY ACCESSREDFIN COMING SOON

$465,000

4 beds2 baths2,556 sq ft

7700 Locust Ave, Gary, IN 46403

$129,000

3 beds1 bath936 sq ft

1208 E Greene Pl, Gary, IN 46403

(219) 306-8911

FOR SALE BY OWNER

$25,000

2 beds1 bath1,904 sq ft

841 Floyd St, Gary, IN 46403

$169,900

3 beds1.5 baths3,328 sq ft

4401 E 13th Ave, Gary, IN 46403

(219) 865-9911

$299,000

4 beds2 baths2,352 sq ft

420 N Lake St, Gary, IN 46403

(219) 440-0070

$244,900

4 beds2 baths2,021 sq ft

4132 E 11th Pl, Gary, IN 46403

(219) 763-4565

$424,000

3 beds2.5 baths2,696 sq ft

7525 Indian Boundary, Gary, IN 46403

(219) 865-9911

FOR SALE BY OWNER

$340,000

4 beds2 baths2,246 sq ft

7719 Maple Ave, Gary, IN 46403

$300,000

4 beds2 baths2,442 sq ft

7001 Ash Pl, Gary, IN 46403

(219) 462-2224

Home values near 5414 Melton Rd

Data from public records.

Address	Redfin Estimate
5424 Melton Rd, Gary, IN 2 Beds \| 1 Baths \| 979 Sq. Ft.	$105,184
5434 Melton Rd, Gary, IN 2 Beds \| 1 Baths \| 1119 Sq. Ft.	$92,867

Address	Redfin Estimate
5512 Melton Rd, Gary, IN 3 Beds \| 1 Baths \| 1264 Sq. Ft.	$119,240
5322 Melton Rd, Gary, IN 3 Beds \| 1 Baths \| 1852 Sq. Ft.	$106,504

Address	Redfin Estimate
5500 Melton Rd, Gary, IN 2 Beds \| 1 Baths \| 986 Sq. Ft.	$105,426
800 Fayette St, Gary, IN 3 Beds \| 1.5 Baths \| 1048 Sq. Ft.	$108,344

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 46403, IN

Sale history for 5414 Melton Rd

Tax history for 5414 Melton Rd

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 46403

Home values near 5414 Melton Rd

More real estate resources