Prime 0.92-acre parcel in Burns Harbor, located in the versatile residential/Commercial 2 District (RC2). This property is ideally suited for a range of commercial and mixed-use developments, offering significant potential for future growth. A feature of the property is a 784 SF house built in 1941, perfect for renovation into a functional office space. The large lot also provides ample opportunity to install a pole barn, adding utility for storage. The RC2 zoning encourages a vibrant mix of uses, including community retail, oce, lodging, and multifamily residential, with a focus on creating a walkable, bikeable, and vehicle-friendly environment. The strategic location within this mixed-use corridor makes this property ideal for an owner-occupant or investor seeking to contribute to the growing Burns Harbor community while having the flexibility to adapt to a variety of uses.
Closed
$75,000
367 Melton Rd, Burns Harbor, IN 46304
2beds
784sqft
Single Family Residence
Built in 1941
0.92 Acres Lot
$132,200 Zestimate®
$96/sqft
$1,290 Estimated rent
Home value
$132,200
$100,000 - $167,000
$1,290/mo
Zestimate® history
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$369/mo
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Zillow last checked: 7 hours ago
Listing updated: May 06, 2025 at 05:18am
Listed by:
Ryan Peters,
StreetFront, LLC 219-510-3720
Bought with:
Crystal Soliday, RB14041657
@properties/Christie's Intl RE
Source: NIRA as distributed by MLS GRID,MLS#: 812993
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Heating
- None
Appliances
- Included: Other
- Laundry: Other
Features
- Other
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 784
- Total interior livable area: 784 sqft
- Finished area above ground: 784
Property
Parking
- Total spaces: 1
- Parking features: Driveway
- Garage spaces: 1
- Has uncovered spaces: Yes
Features
- Levels: One
- Exterior features: None
- Fencing: None
- Has view: Yes
- View description: None
Lot
- Size: 0.92 Acres
- Dimensions: 270 x 148
- Features: Other
Details
- Parcel number: 640605300030000024
- Zoning description: residential
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- Fixer
- New construction: No
- Year built: 1941
Utilities & green energy
- Electric: Other
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Phone Connected, Water Connected, Sewer Connected, Natural Gas Connected
Community & neighborhood
Location
- Region: Burns Harbor
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 5/5/2025 | Sold | $75,000-11.8%$96/sqft |
Source:  NIRA as distributed by MLS GRID #812993 Report a problem | ||
| 3/21/2025 | Pending sale | $85,000$108/sqft |
Source: NIRA as distributed by MLS GRID #812993 Report a problem | ||
| 1/27/2025 | Price change | $85,000-10.5%$108/sqft |
Source: NIRA as distributed by MLS GRID #812993 Report a problem | ||
| 11/15/2024 | Listed for sale | $95,000+5.6%$121/sqft |
Source: NIRA as distributed by MLS GRID #812993 Report a problem | ||
| 3/11/2022 | Sold | $90,000-21.7%$115/sqft |
Source: NIRA as distributed by MLS GRID #492304 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $638 +1.4% | $107,100 +6.4% |
| 2023 | $629 -61.8% | $100,700 +6.9% |
| 2022 | $1,650 +1.8% | $94,200 +10.6% |
Find assessor info on the county website
Neighborhood: 46304
Nearby schools
GreatSchools rating
- 7/10Newton Yost Elementary SchoolGrades: K-4Distance: 3.3 mi
- 9/10Chesterton Middle SchoolGrades: 7-8Distance: 4 mi
- 9/10Chesterton Senior High SchoolGrades: 9-12Distance: 3.8 mi
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Estimated market value
$132,200
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$132,200
- Indiana
- Porter County
- Burns Harbor
- 46304
- 367 Melton Rd