NOT LISTED FOR SALE

5524 Melton Rd Gary, IN 46403

Aetna Neighborhood

Estimated Value: $68,000 - $136,000

3 Beds
2 Baths
2,098 Sq Ft
$45/Sq Ft Est. Value

Last Sold November 05, 2021

Last sale price $52,500 $25 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $537/month

79 Days on Market

Highlights

  • Cape Cod Architecture
  • 2-minute walk to Miller (Gary) Station
  • Forced Air Heating System
  • Main Floor Bedroom
  • Bathroom on Main Level
  • Dining Room

About This Home

As of November 2021

Great Location on BUSY, High Traffic US-20, also known as Melton Road. Move-in ready as is, ideal Investor Rental or Rehab Opportunity, or OFFICE/Business location with proper zoning. Close to NICTD South Shore Line train transit, running between South Bend and Downtown Chicago. Near Major Interstates, and potential Transit Oriented Developments.

Last Agent to Sell the Property

William Godwin

Godwin Realty Company License #RB15001235 Listed on: 04/05/2021

Last Buyer's Agent

Christopher Stewart

Century 21 Circle License #RB14051552

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1939

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 60x131
  • Paved or Partially Paved Lot
  • Level Lot

Home Design

  • Cape Cod Architecture

Interior Spaces

  • 2,098 Sq Ft Home
  • Living Room with Fireplace
  • Dining Room
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 2 Bathrooms

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 450906377015000004

Home Details

Home Type

Single Family

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1939
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: Nearly Level, Paved Road
  • ResoOtherEquipment: None
  • Co List Office Mls Id: GNR1603
  • Subdivision Name: None
  • Architectural Style: Cape Cod
  • GNR_Exterior: Wood
  • GNR_UnfinishedSquareFootage: 0
  • GNR_HeatSystem: Forced Air
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: No
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: Yes
  • GNR_Well: No
  • GNR_TotalBathrooms: 1.75
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: None
  • Interior Amenities: FP Living/Great Room, Main Floor Bathroom, Main Floor Bedroom
  • Basement: Enclosed
  • Total Bedrooms: 3
  • Fireplaces: 1

Exterior Features

  • Exterior Features: None
  • Acres: 0.18

Garage/Parking

  • Parking Features: None

Utilities

  • Cooling Y N: No
  • Heating: Natural Gas

Lot Info

  • Lot Dimensions: 60X131
  • Lot Size Sq Ft: 7841
  • Parcel #: 450906377015000004

Tax Info

  • Year: 2017
  • Tax Annual Amount: 60

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2021
Closed on
Nov 2, 2021
Sold by
White Ronald and Estate Of Charlie White
Bought by
Hackett Hugh C and Hackett William P
Seller's Agent
William Godwin
Godwin Realty Company
Buyer's Agent
Christopher Stewart
Century 21 Circle
List Price
$52,500
Sold Price
$52,500
Current Estimated Value
$92,973

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,473
Avg. Annual Appreciation
15.12%
Original Mortgage
$51,548
Outstanding Balance
$46,950
Interest Rate
3.01%
Mortgage Type
FHA
Estimated Equity
$48,143
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hackett Hugh C -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hackett Hugh C $51,548
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/05/2021 11/05/21 Sold $52,500 0.0% $25 / Sq Ft
06/23/2021 06/23/21 Pending -- -- --
04/05/2021 04/05/21 For Sale $52,500 -- $25 / Sq Ft
Source: Northwest Indiana Association of REALTORS®

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $638 $60,200 $7,800 $52,400
2024 $4,532 $55,600 $7,800 $47,800
2023 $1,312 $51,400 $7,800 $43,600
2022 $1,312 $51,200 $7,900 $43,300
2021 $60 $48,800 $7,900 $40,900
2020 $0 $47,700 $7,900 $39,800
2019 $60 $40,900 $6,800 $34,100
2018 $60 $37,600 $6,200 $31,400
2017 $60 $38,100 $6,200 $31,900
2016 $60 $39,600 $6,200 $33,400
2014 $478 $43,900 $7,500 $36,400
2013 $451 $42,400 $7,500 $34,900
Source: Public Records

Agents Affiliated with this Home

  • William Godwin

    Seller's Agent in 2021

    William Godwin

    Godwin Realty Company

    (219) 916-5507

    5 in this area

    67 Total Sales

    William Godwin
    Section Image

  • C

    Buyer's Agent in 2021

    Christopher Stewart

    Century 21 Circle

See All Agents

Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR490638

Northwest Indiana Association of REALTORS®

APN: 45-09-06-377-015.000-004

Indiana Lake County Gary 46403 Aetna

5524 Melton Rd, Gary, IN

Not Listed for Sale

Detached

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