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131 Chapman St

Elkhart, IN 46516

3 bd 1 ba 1,452 sqft Built 1923 Lot 5,545 sqft single_family
Most recent sale
$24,000
May 26, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 26, 2022 Sold $24,000 Public Record
May 25, 2022 Sold $24,000 IRMLS
May 9, 2022 Price changed $34,900 MLS #202213931
Apr 20, 2022 Listed $39,900 MLS #202213931
Jan 26, 2020 Listing removed $25,000 IRMLS
Jan 25, 2020 Listing removed $25,000 IRMLS
Jan 16, 2020 Listing removed $25,000 IRMLS

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $51,800 $7,700 $59,500 $1,669
2024 $51,800 $7,700 $59,500 $1,218
2023 $75,200 $7,700 $82,900 $1,156
2022 $67,700 $7,700 $75,400 $1,695
2021 $64,400 $7,700 $72,100 $1,543
2020 $58,200 $7,700 $65,900 $1,571
2019 $53,100 $7,700 $60,800 $1,432
2018 $49,700 $7,700 $57,400 $1,331
2017 $47,600 $7,700 $55,300 $564
2016 $47,800 $7,700 $55,500 $539
2015 $48,600 $7,700 $56,300 $85
2014 $48,600 $7,700 $56,300 $79
2013 $49,700 $7,700 $57,400 $92
2012 $55,700 $12,100 $67,800 $191
2008 $32,500 $7,800 $40,300 $114
2007 $33,100 $7,800 $40,900 $186
2006 $27,500 $7,800 $35,300 $102

Property facts

Year built
1923
Property type
single_family
Stories
2
Beds
3
Baths
1
Living area
1,452 sqft
Lot size
5,545 sqft
ZIP code
46516
City
Elkhart
Street
Chapman St
Coordinates
41.67550, -85.96699

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$144
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 131 Chapman St last sell?
131 Chapman St most recently sold on May 26, 2022 for $24,000.
What is the current tax assessment for 131 Chapman St?
The most recent total assessment for 131 Chapman St (year 2025) is $59,500 with $1,669 in property tax.
How does 131 Chapman St's assessment compare to its last sale price?
The current assessment is 147.9% above the last sale price of $24,000.
When was 131 Chapman St built?
131 Chapman St was built in 1923.
How does 131 Chapman St compare to others on Chapman St?
We do not currently track other properties on Chapman St.
What are the property facts for 131 Chapman St?
131 Chapman St is a 3 bed, 1 bath, 1,452 sqft, 5,545 sqft lot single_family.
Is 131 Chapman St a flip candidate?
No — 131 Chapman St does not appear in our flips dataset.
Is 131 Chapman St a tax-appeal candidate?
Yes — 131 Chapman St appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

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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