727 Franklin St
Elkhart, IN 46516
5 bd 2 ba 1,890 sqft Built 1860 Lot 3,485 sqft multi_family
Most recent sale
$68,750
Dec 19, 2023
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 3, 2024 | Sold | $98,500 | IRMLS |
| Mar 21, 2024 | Price changed | $99,900 | IRMLS |
| Mar 2, 2024 | Listing removed | $65,000 | IRMLS |
| Feb 29, 2024 | Price changed | $104,900 | IRMLS |
| Feb 24, 2024 | Price changed | $109,900 | IRMLS |
| Feb 19, 2024 | Price changed | $114,900 | IRMLS |
| Feb 9, 2024 | Listed | $119,900 | IRMLS |
| Jan 2, 2024 | Listing removed | $65,000 | IRMLS |
| Dec 19, 2023 | Sold | $68,750 | Public Record |
| Dec 19, 2023 | Price changed | $65,000 | IRMLS |
| Dec 12, 2023 | Price changed | $69,999 | IRMLS |
| Dec 9, 2023 | Price changed | $74,900 | IRMLS |
| Dec 2, 2023 | Listed | $79,000 | IRMLS |
| Nov 15, 2023 | Sold | $31,500 | IRMLS |
| Nov 1, 2023 | Listed | $38,000 | IRMLS |
| Nov 2, 2016 | Listing removed | $33,000 | ElkHartCounty |
| May 6, 2015 | Listed | $33,000 | ElkHartCounty |
| Dec 28, 2012 | Listing removed | $22,900 | SouthBend |
| Aug 23, 2012 | Price changed | $22,900 | SouthBend |
| Jul 11, 2012 | Listed | $27,500 | SouthBend |
| Oct 9, 2011 | Listing removed | $19,900 | KendallVille |
| May 7, 2011 | Listing removed | $19,900 | ElkHartCounty |
| May 1, 2011 | Listing removed | $19,900 | SouthBend |
| Feb 1, 2011 | Listed | $19,900 | KendallVille |
| May 1, 2006 | Sold | $89,775 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $93,900 | $5,600 | $99,500 | $2,024 |
| 2024 | $47,600 | $5,600 | $53,200 | $1,091 |
| 2023 | $18,500 | $5,600 | $24,100 | $1,031 |
| 2022 | $18,500 | $5,600 | $24,100 | $503 |
| 2021 | $18,500 | $5,600 | $24,100 | $503 |
| 2020 | $30,800 | $2,800 | $33,600 | $535 |
| 2019 | $30,700 | $2,800 | $33,500 | $737 |
| 2018 | $31,000 | $2,800 | $33,800 | $740 |
| 2017 | $31,000 | $2,800 | $33,800 | $748 |
| 2016 | $30,400 | $2,800 | $33,200 | $746 |
| 2015 | $30,600 | $2,800 | $33,400 | $731 |
| 2013 | $37,200 | $5,600 | $42,800 | $1,369 |
| 2012 | $37,300 | $8,800 | $46,100 | $922 |
| 2011 | $26,600 | $5,800 | $32,400 | $648 |
| 2010 | $27,700 | $5,800 | $33,500 | $670 |
| 2008 | $30,200 | $5,800 | $36,000 | $1,001 |
| 2007 | $30,500 | $5,800 | $36,300 | $976 |
| 2006 | $28,300 | $5,800 | $34,100 | $847 |
Property facts
Year built
1860
Property type
multi_family
Stories
2
Beds
5
Baths
2
Living area
1,890 sqft
Lot size
3,485 sqft
ZIP code
46516
City
Elkhart
Street
Franklin St
Coordinates
41.68111, -85.98131
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
$413
Gross rental yield
7.21%
Implied cap rate
4.69%
Trend-extrapolated value
—
Frequently asked questions
When did 727 Franklin St last sell?
727 Franklin St most recently sold on Dec 19, 2023 for $68,750.
What is the current tax assessment for 727 Franklin St?
The most recent total assessment for 727 Franklin St (year 2025) is $99,500 with $2,024 in property tax.
How does 727 Franklin St's assessment compare to its last sale price?
The current assessment is 44.7% above the last sale price of $68,750.
When was 727 Franklin St built?
727 Franklin St was built in 1860.
How does 727 Franklin St compare to others on Franklin St?
We track 8 other properties on Franklin St. Browse the list under "Other properties on Franklin St" to compare beds, baths, and sale history.
What are the property facts for 727 Franklin St?
727 Franklin St is a 5 bed, 2 bath, 1,890 sqft, 3,485 sqft lot multi_family.
Is 727 Franklin St a flip candidate?
Yes — 727 Franklin St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 727 Franklin St a tax-appeal candidate?
No — 727 Franklin 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 Franklin St