For sale

$80,000

Est. $583/mo —

—

•

— ba

•

1,552

sq ft

5425 Melton Rd, Gary, IN 46403

About this home

Welcome to 5425 Melton Rd, 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 Rd presents a unique and valuable opportunity. Schedule your showing today!

1929Year Built

5,612 sq ftLot Size

$52Price/Sq.Ft.

Listed by Armond Boulware • Coldwell Banker Realty

Listing updated: Apr 26, 2026 at 03:51am

Redfin checked: 2 minutes ago

•Source:MRED as Distributed by MLS Grid #12596666

Payment calculator

$583 per month

Principal and interest$420

Property taxes

$130

HOA dues

Home insurance

$33

Utilities

Add

Mortgage resources

See this home in person

We'll connect you with a local agent to show you this home, answer your questions, and assist you on your buying journey.

Next available tour time: Today

Open houses

No upcoming open houses.

Nearby open houses (3)

Around this home

Schools

K - 12
Preschool & daycare

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

About

Aetna

Aetna, located between I-90 (Indiana Toll Road) and the Lake Michigan shoreline, is a residential and industrial Gary neighborhood with rail corridors and big-sky lakefront edges. The neighborhood’s character concentrates around the Broadway corridor near 5th Avenue, where storefront blocks, civic buildings, and long sightlines set a classic Northwest Indiana streetscape. Housing reads as early-to-mid-century, with compact lots and practical brick-and-frame forms. The nearby lakefront and dunes geography shapes the horizon and weekend rhythms. Cultural gravity pulls toward downtown venues and the shoreline parks rather than a single retail strip.

Provided by Walk Score and Local Logic

Property details

Interior
Exterior
Finance

Interior features
Wood and other flooring

Flooring
Wood and other flooring

Heating & cooling
Forced air heating
Central air conditioning

Sale and tax history for 5425 Melton Rd

Sale History
Tax History

Public record

Beds

—

Baths

—

Stories

—

Lot width

—

Lot depth

—

Lot size

—

Year renovated

—

Finished Sq. Ft.

—

Unfinished Sq. Ft.

—

Total Sq. Ft.

—

Year built

—

Style

Other

County

Lake County

APN

450906380019000004

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Mar 25, 2026.

Climate risks

1/10 Flood Factor

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

6/10 Fire Factor

13% 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

Try the sun simulator tool to see how light moves across the property at different times of day and year.

Provided by Shadowmap

Redfin Estimate for 5425 Melton Rd

There isn’t enough information to generate an accurate estimate at this time. Learn More

Tour for free, no strings attached

Instant answers, or connect with a local agent

Start an offer

Early Access listings

EARLY ACCESSCOLDWELL BANKER COMING SOON

$338,000

2 beds2.5 baths1,030 sq ft

1742 Brown Ave, Evanston, IL 60201

EARLY ACCESSCOLDWELL BANKER COMING SOON

$149,000

3 beds1.5 baths1,611 sq ft

180 Center, Union Hill, IL 60969

EARLY ACCESSCOLDWELL BANKER COMING SOON

$895,000

7 beds4 baths— sq ft

4908 W Byron St, Chicago, IL 60641

EARLY ACCESS@PROPERTIES COMING SOON

$700,000

4 beds3 baths1,762 sq ft

2500 Woodland Ave, Park Ridge, IL 60068

EARLY ACCESSCOMPASS COMING SOON

Contact for price

5 beds3 baths2,682 sq ft

5436 Washington St, Morton Grove, IL 60053

EARLY ACCESSCOLDWELL BANKER COMING SOON

$425,000

2 beds1.5 baths1,100 sq ft

8130 Kilbourn Ave, Skokie, IL 60076

Nearby similar homes

$7,000

Land— sq ft

619 Ohio St, Gary, IN 46402

(804) 656-5007

New listings for sale in 46403

$90,000

3 beds1 bath1,073 sq ft

640 S New Jersey St, Gary, IN 46403

(219) 801-6123

$140,000

5 beds3 baths1,604 sq ft

378 S Hancock St, Gary, IN 46403

(219) 312-4008

Details provided by MRED as Distributed by MLS Grid and may not match the public record. Learn more.

Download the Redfin App on the Apple App Store

Download the Redfin App from the Google Play Store

Join us

Become an Agent

Get referrals

Careers

Find homes faster

About us

Find us

Subsidiaries

Affiliated Business

Countries

United States

Canada

Updated September 2025: By searching, you agree to the Terms of Use, and Privacy Policy.

Do not sell or share my personal information.

REDFIN and all REDFIN variants, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.

California DRE #01521930

Redfin is licensed to do business in New York as Redfin Real Estate. NY Standard Operating Procedures

New Mexico Real Estate Licenses

TREC: Info About Brokerage Services, Consumer Protection Notice

All mortgage lending products and information are provided by Rocket Mortgage, LLC | NMLS #3030; www.NMLSConsumerAccess.org. Licensed in 50 states. This site is not authorized by the New York State Department of Financial Services for mortgage solicitation or loan applications activities related to properties located in the State of New York.

Redfin Corporation is an affiliated business of Rocket Limited Partnership. Each company, and their subsidiaries, are separate legal entities operated and managed through its own management and governance structures.

If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.

REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.

GreatSchools Ratings provided by GreatSchools.org.

46408 homes for sale
46410 homes for sale
46368 homes for sale
46342 homes for sale
46403 homes for sale

Houses for rent in Gary	Agents near me	Munster, IN homes for sale	Gary Housing Market
Houses for sale near me	Indianapolis, IN homes for sale	Zionsville, IN homes for sale
Land for sale near me	Carmel, IN homes for sale	Westfield, IN homes for sale
Open Houses near me	Fishers, IN homes for sale	Gary Property Records
Condos for sale near me	Hammond, IN homes for sale	IN New Listings

Homewood homes for sale
Oak Lawn homes for sale
Chicago homes for sale

About this home

Payment calculator

Mortgage resources

See this home in person

Nearby open houses (3)

Around this home

Schools

Property details

Sale and tax history for 5425 Melton Rd

Public record

Climate risks

Historical weather

Sun exposure

Redfin Estimate for 5425 Melton Rd

Early Access listings

Nearby similar homes

New listings for sale in 46403

More real estate resources