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51989 County Road 7

Elkhart, IN 46514

3 bd 2 ba 1,697 sqft Built 1972 Lot 23,087 sqft single_family
Most recent sale
$120,000
Oct 26, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 4, 2024 Listed $205,000 IRMLS
Dec 18, 2023 Listing removed $198,000 IRMLS
Oct 26, 2021 Sold $120,000 IRMLS

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $163,200 $20,700 $183,900 $1,168
2024 $159,000 $20,700 $179,700 $1,329
2023 $124,600 $20,700 $145,300 $2,449
2022 $84,600 $20,700 $105,300 $2,431
2021 $78,200 $20,700 $98,900 $639
2020 $72,400 $20,700 $93,100 $635
2019 $69,100 $18,100 $87,200 $558
2018 $69,500 $18,100 $87,600 $509
2017 $67,000 $18,100 $85,100 $527
2016 $63,500 $18,100 $81,600 $486
2015 $67,100 $18,100 $85,200 $453
2013 $67,100 $18,100 $85,200 $506
2012 $68,000 $18,100 $86,100 $481
2011 $71,800 $20,300 $92,100 $553
2010 $74,900 $21,100 $96,000 $584
2008 $74,100 $22,400 $96,500 $505
2007 $77,900 $22,400 $100,300 $783
2006 $58,800 $22,400 $81,200 $573

Property facts

Year built
1972
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,697 sqft
Lot size
23,087 sqft
ZIP code
46514
City
Elkhart
Street
County Road 7
Coordinates
41.73903, -85.99019

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$720
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 51989 County Road 7 last sell?
51989 County Road 7 most recently sold on Oct 26, 2021 for $120,000.
What is the current tax assessment for 51989 County Road 7?
The most recent total assessment for 51989 County Road 7 (year 2025) is $183,900 with $1,168 in property tax.
How does 51989 County Road 7's assessment compare to its last sale price?
The current assessment is 53.3% above the last sale price of $120,000.
When was 51989 County Road 7 built?
51989 County Road 7 was built in 1972.
How does 51989 County Road 7 compare to others on County Road 7?
We track 8 other properties on County Road 7. Browse the list under "Other properties on County Road 7" to compare beds, baths, and sale history.
What are the property facts for 51989 County Road 7?
51989 County Road 7 is a 3 bed, 2 bath, 1,697 sqft, 23,087 sqft lot single_family.
Is 51989 County Road 7 a flip candidate?
No — 51989 County Road 7 does not appear in our flips dataset.
Is 51989 County Road 7 a tax-appeal candidate?
Yes — 51989 County Road 7 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
-4.0%
Implied 1-yr
-16.1%
2026 Q3
$230.4K
2026 Q4
$217.8K
ZIP 46514 — Median Price History + Forecast

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