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23540 County Road 18

Elkhart, IN 46516

5 bd 3 ba 4,251 sqft Built 1980 Lot 119,354 sqft single_family
Most recent sale
$545,000
Jun 1, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 1, 2022 Sold $545,000 Public Record
May 31, 2022 Sold $545,000 IRMLS
May 14, 2022 Relisted $545,000 MLS #202210117
May 9, 2022 Listing removed $545,000 IRMLS
Apr 1, 2022 Price changed $545,000 MLS #202210117
Mar 26, 2022 Listed $499,900 MLS #202210117
Jul 3, 2013 Sold $320,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $604,300 $48,700 $653,000 $6,424
2024 $498,000 $48,700 $546,700 $5,698
2023 $353,500 $48,700 $402,200 $5,842
2022 $325,400 $48,700 $374,100 $4,746
2021 $303,200 $48,700 $351,900 $4,619
2020 $303,200 $48,700 $351,900 $5,044
2019 $288,200 $48,700 $336,900 $4,911
2018 $278,700 $48,700 $327,400 $4,775
2017 $257,600 $48,700 $306,300 $4,536
2016 $227,000 $38,900 $265,900 $3,707
2015 $227,900 $38,900 $266,800 $3,603
2014 $226,600 $38,900 $265,500 $3,599
2013 $211,900 $37,800 $249,700 $3,493
2012 $203,900 $37,800 $241,700 $2,718
2011 $242,700 $35,600 $278,300 $3,035
2010 $260,400 $35,600 $296,000 $3,494
2009 $285,800 $39,100 $324,900 $3,603
2008 $278,000 $39,100 $317,100 $3,723
2007 $278,000 $39,100 $317,100 $4,597
2006 $222,400 $28,100 $250,500 $3,296

Property facts

Year built
1980
Property type
single_family
Stories
1
Beds
5
Baths
3
Living area
4,251 sqft
Lot size
119,354 sqft
ZIP code
46516
City
Elkhart
Street
County Road 18
Coordinates
41.65814, -85.91809

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$6,377
Gross rental yield
14.04%
Implied cap rate
9.13%
Trend-extrapolated value

Frequently asked questions

When did 23540 County Road 18 last sell?
23540 County Road 18 most recently sold on Jun 1, 2022 for $545,000.
What is the current tax assessment for 23540 County Road 18?
The most recent total assessment for 23540 County Road 18 (year 2025) is $653,000 with $6,424 in property tax.
How does 23540 County Road 18's assessment compare to its last sale price?
The current assessment is 19.8% above the last sale price of $545,000.
When was 23540 County Road 18 built?
23540 County Road 18 was built in 1980.
How does 23540 County Road 18 compare to others on County Road 18?
We track 8 other properties on County Road 18. Browse the list under "Other properties on County Road 18" to compare beds, baths, and sale history.
What are the property facts for 23540 County Road 18?
23540 County Road 18 is a 5 bed, 3 bath, 4,251 sqft, 119,354 sqft lot single_family.
Is 23540 County Road 18 a flip candidate?
No — 23540 County Road 18 does not appear in our flips dataset.
Is 23540 County Road 18 a tax-appeal candidate?
Yes — 23540 County Road 18 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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