Closed

$100,000

4912 Melville Ave, East Chicago, IN 46312

5beds

--sqft

Duplex

Built in 1920

-- sqft lot

$101,100 Zestimate^®

$--/sqft

$1,365 Estimated rent

Home value

$101,100

$93,000 - $110,000

$1,365/mo

Zestimate^® history

Owner options

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$1,365/mo

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$1,365/mo

Rent Zestimate^®

Refinance and save

$504/mo

Est. payment

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$504/mo

Est. payment

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What's special

Large back porchCorner lotBath updatesNewer roof

Great income-producing opportunity in East Chicago! Perfect for investors or first-time buyers looking to offset their mortgage. This two-family home sits near the corner lot and offers a spacious 3-bedroom unit, and lower level 2-bedroom unit. Both include kitchen and bath updates, plus a large back porch perfect for added living space or storage. Major improvements include a newer roof, boiler, and hot water tank, giving you peace of mind as an owner. Whether you're looking to grow your portfolio or start investing, this property offers solid income potential in a convenient location.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 2
Full bathrooms: 2

Heating

Hot Water

Appliances

Included: None

Features

Laminate Counters
Basement: Finished
Has fireplace: No

Interior area

Finished area above ground: 1,070

Property

Features

Levels: One

Lot

Size: 3,550 Square Feet
Features: Back Yard, Near Public Transit, Landscaped

Details

Parcel number: 450333128028000024
Special conditions: None

Construction

Type & style

Home type: MultiFamily
Property subtype: Duplex

Condition

New construction: No
Year built: 1920

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Subdivision: Northwest Quarter

Location

Region: East Chicago

Financial & listing details

Tax assessed value: $62,500
Annual tax amount: $1,128
Date on market: 1/16/2026
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Other,Conventional

Price history

Date	Event	Price
2/19/2026	Sold	$100,000-23.1%
Source: NIRA as distributed by MLS GRID #832864 Report a problem
1/27/2026	Pending sale	$130,000
Source: NIRA as distributed by MLS GRID #832864 Report a problem
1/16/2026	Listed for sale	$130,000+188.9%
Source: NIRA as distributed by MLS GRID #832864 Report a problem
5/17/2022	Sold	$45,000+3.4%
Source: NIRA as distributed by MLS GRID #511620 Report a problem
5/4/2022	Listed for sale	$43,500+45%
Source: NIRA as distributed by MLS GRID #511620 Report a problem
12/11/2020	Sold	$30,000-14.3%
Source: NIRA as distributed by MLS GRID #481837 Report a problem
9/21/2020	Listed for sale	$35,000
Source: McColly Real Estate #481837 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,128 +10.2%	$62,500 +10.8%
2024	$1,024 +73.9%	$56,400 +10.2%
2023	$589 +76.9%	$51,200 +18%
2022	$333 +2.7%	$43,400 +30.3%
2021	$324 +5.3%	$33,300 +5.7%
2020	$308 -38.3%	$31,500 +4%
2019	$499 +0.4%	$30,300 +4.1%
2018	$497 -7.2%	$29,100 +1.4%
2017	$536	$28,700 -20.9%
2016	$536 +19.3%	$36,300 -16.7%
2014	$449 +10.8%	$43,600 -4.2%
2013	$405 -20.6%	$45,500 +1.1%
2012	$510 -14.5%	$45,000 -4.7%
2011	$597 +0.5%	$47,200
2010	$594	$47,200
2009	--	$47,200 +7.8%
2007	--	$43,800 +28.8%
2006	--	$34,000
2005	--	$34,000
2004	--	$34,000 +457.4%
2003	--	$6,100
2002	--	$6,100 +199%
2001	--	$2,040