5601 Melton Road Gary, IN ^$ 189,000

5601 Melton Road

^$ 189,000

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Recently Listed

5601 Melton Road

Gary, IN, 46403

^$ 189,000

Studio Baths0.0

Monthly Estimate*

^$ 1,193

5601 Melton Road, Gary, IN 46403 - Image 1

Studio

Lots and Land for sale in Gary, IN

for $189,000. The lot size is 2.674.

Excellent location (+/-) 2.6 acres with frontage on US 20, across the street from the commuter train station. Surrounding properties are improved allowing access to utilities. National & Local business, residential surrounding area. Vacant land sitting in the heart of the Miller Beach, Lake Michigan access, redevelopment corridor. Surrounded by commercial and residential properties.

Lots and Land Active

Price

^$ 189,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

^$ 1,502

Style

Unimproved Land

Lot Size

2.674

Town/City

Gary

County/Region

Lake

MLS | Web ID

842821

Features

General

Sewer Other

Utilities Electricity Available Water Available Sewer Available Natural Gas Available

Electric Other

Township Calumet

Property Subtype Unimproved Land

Tax Year 2024

County Lake

Property Type Land

HOA N

Subdivision Name Dunes Hwy Realty Co 01

Status Active

Directions Ripley North to US 20 West to address

City Gary

Lot Size Square Feet 116479

Listing Terms Cash

Tax Annual Amount 1502

Lease Considered Y/N N

Standard Status Active

Tax Assessed Value 42800

Legal Description DUNES HY-WAY RLTY. CO'S 1ST SUB. W.55.87FT. LOTS 1 TO 6 ALL LOTS 7 TO 23 & E2. VAC. GREENEST. ADJ. & W2. VAC. ALLEY ADJ. LOTS 9 TO 23 BLK. C EX. PT. IN R/W

Exterior

Lot Features Other

Water Source Public

Lot Size Acres 2.674

Lot Size Source Assessor

Waterfront Y/N N

* Excluded Features

List By

Estela Lopez

Listing Agent

Mccolly Real Estate

Broker

estelalopez@mccolly.com

Affordability Calculator

$1,319

Per Month

Monthly Principal & Interest: $1,193
Monthly Property Taxes: $125
Monthly Home Insurance: --

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Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Lots and land listings in Gary, IN

Average List Price ^$49,198

Percent of Sale Price 74%

About Gary, IN

71,243 Population

-31% Since 2002

^$29,286 Median Income

37.13 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

1261196 Elementary School

1261197 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
7/24/2026	$189,000		Listed Price

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5601 Melton Road, Gary, IN, 46403 is a Lots and Land for sale at $189,000 with a lot size of 2.674. 5601 Melton Road is a studio with 0.0 baths. The property's zip code is 46403 which is in Gary, IN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the Greater Northwest Indiana Multiple Listing Service.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Greater Northwest Indiana Multiple Listing Service. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistribute. Its sole purpose is to be used for no other purpose than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 7/24/2026.

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5601 Melton Road

Lots and Land for sale in Gary, IN

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