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308 Bank St

Elkhart, IN 46516

2 bd 1 ba 995 sqft Built 1926 Lot 6,072 sqft single_family
Most recent sale
$175,000
Apr 5, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 5, 2024 Sold $175,000 IRMLS
Mar 1, 2024 Listed $169,900 IRMLS

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $129,400 $18,900 $148,300 $1,362
2024 $115,700 $18,900 $134,600 $1,373
2023 $98,100 $18,900 $117,000 $1,321
2022 $88,200 $17,900 $106,100 $1,220
2021 $80,800 $17,900 $98,700 $1,108
2020 $67,500 $17,900 $85,400 $1,075
2019 $60,400 $17,900 $78,300 $829
2018 $54,400 $17,900 $72,300 $681
2017 $51,900 $17,900 $69,800 $597
2016 $49,900 $17,900 $67,800 $567
2015 $48,300 $17,900 $66,200 $540
2013 $45,800 $17,900 $63,700 $513
2012 $50,300 $24,900 $75,200 $619
2011 $58,700 $10,900 $69,600 $542
2010 $58,300 $10,900 $69,200 $450
2008 $67,200 $11,400 $78,600 $539
2007 $56,000 $11,400 $67,400 $713
2006 $49,600 $11,400 $61,000 $540

Property facts

Year built
1926
Property type
single_family
Stories
2
Beds
2
Baths
1
Living area
995 sqft
Lot size
6,072 sqft
ZIP code
46516
City
Elkhart
Street
Bank St
Coordinates
41.68889, -85.94990

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,493
Gross rental yield
10.24%
Implied cap rate
6.65%
Trend-extrapolated value

Frequently asked questions

When did 308 Bank St last sell?
308 Bank St most recently sold on Apr 5, 2024 for $175,000.
What is the current tax assessment for 308 Bank St?
The most recent total assessment for 308 Bank St (year 2025) is $148,300 with $1,362 in property tax.
How does 308 Bank St's assessment compare to its last sale price?
The current assessment is 15.3% below the last sale price of $175,000.
When was 308 Bank St built?
308 Bank St was built in 1926.
How does 308 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 308 Bank St?
308 Bank St is a 2 bed, 1 bath, 995 sqft, 6,072 sqft lot single_family.
Is 308 Bank St a flip candidate?
No — 308 Bank St does not appear in our flips dataset.
Is 308 Bank St a tax-appeal candidate?
No — 308 Bank St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+5.0%
Implied 1-yr
+20.0%
2026 Q3
$250K
2026 Q4
$259.5K
ZIP 46516 — Median Price History + Forecast

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