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Listing provided courtesy of Coldwell Banker RealtyMREDas Distributed by MLSGrid- MLS# 12596666MLS Provider

5425 Melton RoadGary, IN 46403

Commercial · 1,552 Sq. ft.
$80,000 Active

5425 Melton Road Overview

Time on Site:
96 days
Visits:
0

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!

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5425 Melton Road Facts & Features

  • Type Commercial
  • Sq. ft. 1,552
  • Price/Sq.ft. $52

Details

General

Income/Expenses

  • Other Expense: 0
  • Electric Expense: 0
  • Fuel Expense: 0
  • Gross Income: 0
  • Gross Scheduled Income: 0
  • Insurance Expense: 0
  • Trash Expense: 0
  • Water Sewer Expense: 0

Building Information

  • Year Built: 1929

Location/Region

  • County Or Parish: Lake
  • MLS Area Major: Indiana - Gary
  • Township: Calumet

Tax Information

  • Tax Annual Amount: $1,556.54
  • Tax Year: 2024

General Information

  • Parcel Number: 450906380019000004
  • Property Sub Type: Mixed Use
  • Property Type: Commercial Sale
  • Zoning: COMMR

Interior

Building Interior

  • Building Area Total: 1552

General Information

  • Cooling: Central Air
  • Electric: Service - 0 to 100 Amps
  • Flooring: Wood, Other
  • Stories: 2

Exterior

Lot Information

  • Additional Parcels: No
  • Lot Size Dimensions: 5612
  • Lot Size Square Feet: 5612

General Information

  • Number Of Units Total: 0

5425 Melton Road Neighborhood

Community

46403 (GARY) Demographics

41
Median Age
1,244
Population Density (per sq. mile)
30%
College Educated
$37,927
Estimated Median Income
2,732
Estimated Total Home Owners
2,802
Estimated Total Renters
49% / 51%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

5425 Melton Road Monthly Cost

$
$ %
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$
$
Randall Fowlkes
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

5425 Melton Road Market Data

Based on the last 30 days in this zip code

$268,418
Average List Price
$146
Average Price per Square Foot
13
Properties Sold
84
Average Days on Market
48
Properties for Sale
Calculations provided by Reliance Network

5425 Melton Road History

Date Event Value Agent
3/30/2026Source: MRED Status Change
Active
3/25/2026Source: Northwest Indiana MLS Added to Database
March 25, 2026
3/25/2026Source: MRED Added to Database
March 25, 2026