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2005 Main St

Elkhart, IN 46516

2 bd 1 ba 896 sqft Built 1920 Lot 5,576 sqft single_family
Most recent sale
$87,500
Oct 7, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 7, 2022 Sold $87,500 Public Record
Sep 19, 2022 Sold $85,000 IRMLS
Jul 20, 2022 Listed $96,000 MLS #202230022

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $109,000 $5,700 $114,700 $1,055
2024 $76,000 $5,700 $81,700 $662
2023 $57,800 $5,700 $63,500 $595
2022 $52,100 $5,300 $57,400 $541
2021 $49,400 $5,300 $54,700 $1,178
2020 $49,400 $5,300 $54,700 $1,196
2019 $44,500 $5,300 $49,800 $1,086
2018 $40,600 $5,300 $45,900 $1,009
2017 $37,800 $8,100 $45,900 $1,011
2016 $36,100 $8,100 $44,200 $972
2015 $36,200 $8,100 $44,300 $956
2014 $36,700 $8,100 $44,800 $955
2013 $42,800 $8,100 $50,900 $1,926
2012 $43,100 $12,600 $55,700 $1,114
2011 $37,900 $8,600 $46,500 $930
2010 $39,700 $8,600 $48,300 $966
2009 $39,700 $8,600 $48,300 $1,265
2008 $39,700 $8,600 $48,300 $1,343
2007 $39,700 $8,600 $48,300 $1,299
2006 $36,500 $8,600 $45,100 $1,120

Property facts

Year built
1920
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
896 sqft
Lot size
5,576 sqft
ZIP code
46516
City
Elkhart
Street
Main St
Coordinates
41.66781, -85.95572

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$525
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 2005 Main St last sell?
2005 Main St most recently sold on Oct 7, 2022 for $87,500.
What is the current tax assessment for 2005 Main St?
The most recent total assessment for 2005 Main St (year 2025) is $114,700 with $1,055 in property tax.
How does 2005 Main St's assessment compare to its last sale price?
The current assessment is 31.1% above the last sale price of $87,500.
When was 2005 Main St built?
2005 Main St was built in 1920.
How does 2005 Main St compare to others on Main St?
We track 8 other properties on Main St. Browse the list under "Other properties on Main St" to compare beds, baths, and sale history.
What are the property facts for 2005 Main St?
2005 Main St is a 2 bed, 1 bath, 896 sqft, 5,576 sqft lot single_family.
Is 2005 Main St a flip candidate?
No — 2005 Main St does not appear in our flips dataset.
Is 2005 Main St a tax-appeal candidate?
Yes — 2005 Main 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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