Large Location Icon

4601 Melton Rd; Gary, IN Property Details

4601 Melton Rd, Gary, IN is a Restaurant that was built in 1957. This property is currently Financed and is not for sale. Our records show that 4601 Melton Rd has a total of 4,944 square feet. The lot size of 4601 Melton Rd is 68,389 square feet.

Off market
4601 Melton Rd Gary, IN 46403
$172,900 Listing Price
4,944 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1957
  • Purchase Price: $162,500
  • Open Loans / Balance: 1 / $95,482
  • APN: 45-08-01-480-006.000-004
  • Situs County: Lake
  • Length Of Ownership: 5 years

Structure

  • Building Style: Concrete Block
  • Stories: 1
  • Exterior Wall Type: Concrete Block
  • Building Condition: Average
  • Building Quality: C
  • Sewer Type: Municipal
  • Water Source: Municipal

Measurements

  • Total: 4,944/SqFt
  • Lot: 68,389/SqFt
  • Gross: 4,944/SqFt
  • Living: 4,944/SqFt
  • Building: 4,944/SqFt
  • Ground: 4,944/SqFt
  • Price Per Square Foot: $32.87

Legal Description

  • Description: PT. SE1/4 SE.1/4 S.1 T.36 R.8 S. OF U.S. 20 N. OF WABASH R. R. 1.57 AC
Building Insights

Land Information

  • Property Type: Restaurant
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Gary Community School Corporation
  • Lat / Lon: 41.59501 / -87.28168
  • Subdivision: Wabash R R
  • Property Class: Commercial
  • County Use Code: 430

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 2870

Ownership Info

4601 Melton Rd has no associated ownership info
4601 Melton Rd has no associated ownership info.

Taxes

4601 Melton Rd has 10 associated Taxes items

4601 Melton Rd, Gary, IN pays taxes in Lake County, IN. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $228,800. The APN we've located for 4601 Melton Rd is 45-08-01-480-006.000-004.

Unlock the full report
Taxes
  • Assessed Value:  $228,800
  • Assessed Year:  2025
  • Assessed County:  Lake
  • APN:  45-08-01-480-006.000-004
  • Assessed Land Value:  58600
  • Market Land Value:  58600
  • Tax Amount:  5973.58
  • Tax Year:  2024
  • Market Value:  228800
  • Market Year:  2025

Tax History

4601 Melton Rd has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $228,800 Land Value $58,600 Improvement Value $170,200 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $5,973.58 Change Rate -0.570377% Assessed CR Tax Rate
Year 2023 Assessed Value $157,700 Land Value $58,600 Improvement Value $99,100 Tax Amount $13,904.25 Change Rate +1.418517% Assessed CR Tax Rate +0.088169%
Year 2022 Assessed Value Land Value Improvement Value Tax Amount $5,749.08 Change Rate +0.052841% Assessed CR Tax Rate
Year 2021 Assessed Value $153,300 Land Value $58,600 Improvement Value $94,700 Tax Amount $5,460.54 Change Rate -0.624627% Assessed CR Tax Rate +0.03562%
Year 2020 Assessed Value $165,100 Land Value $58,600 Improvement Value $106,500 Tax Amount $14,546.96 Change Rate +2.425635% Assessed CR Tax Rate +0.08811%
Year 2019 Assessed Value $120,200 Land Value $36,700 Improvement Value $83,500 Tax Amount $4,246.5 Change Rate -0.097706% Assessed CR Tax Rate +0.035329%
Year 2018 Assessed Value $120,200 Land Value $36,700 Improvement Value $83,500 Tax Amount $4,706.34 Change Rate +0.26792% Assessed CR Tax Rate +0.039154%
Year 2017 Assessed Value $117,400 Land Value $30,100 Improvement Value $87,300 Tax Amount $3,711.86 Change Rate +0.074096% Assessed CR Tax Rate +0.031617%
Year 2016 Assessed Value $121,300 Land Value $30,100 Improvement Value $91,200 Tax Amount $3,455.8 Change Rate Assessed CR Tax Rate +0.02849%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $3,455.8 Change Rate +0.18917% Assessed CR Tax Rate
Year 2014 Assessed Value $87,000 Land Value $20,000 Improvement Value $67,000 Tax Amount $2,906.06 Change Rate Assessed CR Tax Rate +0.033403%
Year 2013 Assessed Value $82,000 Land Value $20,000 Improvement Value $62,000 Tax Amount Change Rate Assessed CR Tax Rate
Year 2012 Assessed Value Land Value Improvement Value Tax Amount $2,662.56 Change Rate Assessed CR Tax Rate