225 Bank St
Elkhart, IN 46516
3 bd 1 ba 1,180 sqft Built 1924 Lot 5,663 sqft single_family
Most recent sale
$180,000
Apr 9, 2024
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 9, 2024 | Sold | $180,000 | IRMLS |
| Mar 8, 2024 | Price changed | $192,500 | IRMLS |
| Mar 1, 2024 | Price changed | $193,750 | IRMLS |
| Feb 23, 2024 | Listed | $195,000 | IRMLS |
| Aug 14, 2023 | Sold | $98,499 | Public Record |
| Apr 5, 2017 | Sold | $84,295 | Public Record |
| Mar 10, 2017 | Listing removed | $82,000 | ElkHartCounty |
| Jan 27, 2017 | Listed | $82,000 | ElkHartCounty |
| Nov 6, 2010 | Listing removed | $76,000 | ElkHartCounty |
| Jun 7, 2010 | Price changed | $76,000 | ElkHartCounty |
| May 5, 2010 | Listed | $79,000 | ElkHartCounty |
| Jul 9, 2004 | Sold | $78,337 | Public Record |
| Oct 16, 2001 | Sold | $58,900 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $114,900 | $18,000 | $132,900 | $1,221 |
| 2024 | $99,300 | $18,000 | $117,300 | $1,197 |
| 2023 | $80,800 | $18,000 | $98,800 | $1,093 |
| 2022 | $72,500 | $17,200 | $89,700 | $1,011 |
| 2021 | $66,400 | $17,200 | $83,600 | $880 |
| 2020 | $55,500 | $17,200 | $72,700 | $777 |
| 2019 | $49,700 | $17,200 | $66,900 | $805 |
| 2018 | $44,700 | $17,200 | $61,900 | $524 |
| 2017 | $43,700 | $17,200 | $60,900 | $608 |
| 2016 | $41,900 | $17,200 | $59,100 | $1,328 |
| 2015 | $40,300 | $17,200 | $57,500 | $1,285 |
| 2013 | $38,300 | $17,200 | $55,500 | $1,986 |
| 2012 | $42,400 | $23,900 | $66,300 | $530 |
| 2011 | $49,400 | $10,400 | $59,800 | $451 |
| 2010 | $49,000 | $10,400 | $59,400 | $373 |
| 2008 | $53,700 | $10,900 | $64,600 | $435 |
| 2007 | $44,800 | $10,900 | $55,700 | $578 |
| 2006 | $39,700 | $10,900 | $50,600 | $438 |
Property facts
Year built
1924
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,180 sqft
Lot size
5,663 sqft
ZIP code
46516
City
Elkhart
Street
Bank St
Coordinates
41.68998, -85.95063
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,770
Gross rental yield
11.80%
Implied cap rate
7.67%
Trend-extrapolated value
—
Frequently asked questions
When did 225 Bank St last sell?
225 Bank St most recently sold on Apr 9, 2024 for $180,000.
What is the current tax assessment for 225 Bank St?
The most recent total assessment for 225 Bank St (year 2025) is $132,900 with $1,221 in property tax.
How does 225 Bank St's assessment compare to its last sale price?
The current assessment is 26.2% below the last sale price of $180,000.
When was 225 Bank St built?
225 Bank St was built in 1924.
How does 225 Bank St compare to others on Bank St?
We track 8 other properties on Bank St. Browse the list under "Other properties on Bank St" to compare beds, baths, and sale history.
What are the property facts for 225 Bank St?
225 Bank St is a 3 bed, 1 bath, 1,180 sqft, 5,663 sqft lot single_family.
Is 225 Bank St a flip candidate?
Yes — 225 Bank St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 225 Bank St a tax-appeal candidate?
No — 225 Bank St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+5.0%
Implied 1-yr
+20.0%
2026 Q3
$250K
2026 Q4
$259.5K
ZIP 46516 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Bank St