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1422 McPherson St

Elkhart, IN 46514

3 bd 1 ba 2,205 sqft Built 1956 Lot 17,119 sqft single_family
Most recent sale
$198,340
Jun 7, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 7, 2022 Sold $198,340 Public Record
Jun 3, 2022 Sold $200,000 IRMLS
Apr 21, 2022 Price changed $185,000 MLS #202212840
Apr 13, 2022 Listed $200,000 MLS #202212840

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $198,800 $24,700 $223,500 $2,048
2024 $184,300 $24,700 $209,000 $2,128
2023 $129,100 $24,700 $153,800 $2,028
2022 $118,000 $24,700 $142,700 $1,603
2021 $113,600 $24,700 $138,300 $1,488
2020 $91,700 $24,700 $116,400 $1,520
2019 $83,600 $23,600 $107,200 $1,268
2018 $78,900 $23,600 $102,500 $1,171
2017 $78,900 $23,600 $102,500 $1,121
2016 $74,200 $23,600 $97,800 $1,119
2015 $75,900 $23,600 $99,500 $1,065
2014 $75,900 $23,600 $99,500 $1,107
2013 $75,900 $23,600 $99,500 $1,274
2012 $74,500 $23,600 $98,100 $1,052
2011 $69,600 $20,500 $90,100 $936
2010 $73,300 $21,600 $94,900 $969
2009 $75,800 $22,300 $98,100 $976
2008 $79,300 $22,300 $101,600 $824
2007 $81,800 $22,300 $104,100 $1,377
2006 $74,900 $22,300 $97,200 $1,229

Property facts

Year built
1956
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
2,205 sqft
Lot size
17,119 sqft
ZIP code
46514
City
Elkhart
Street
McPherson St
Coordinates
41.70146, -85.95797

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,190
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1422 McPherson St last sell?
1422 McPherson St most recently sold on Jun 7, 2022 for $198,340.
What is the current tax assessment for 1422 McPherson St?
The most recent total assessment for 1422 McPherson St (year 2025) is $223,500 with $2,048 in property tax.
How does 1422 McPherson St's assessment compare to its last sale price?
The current assessment is 12.7% above the last sale price of $198,340.
When was 1422 McPherson St built?
1422 McPherson St was built in 1956.
How does 1422 McPherson St compare to others on McPherson St?
We track 8 other properties on McPherson St. Browse the list under "Other properties on McPherson St" to compare beds, baths, and sale history.
What are the property facts for 1422 McPherson St?
1422 McPherson St is a 3 bed, 1 bath, 2,205 sqft, 17,119 sqft lot single_family.
Is 1422 McPherson St a flip candidate?
No — 1422 McPherson St does not appear in our flips dataset.
Is 1422 McPherson St a tax-appeal candidate?
No — 1422 McPherson St is not currently flagged as a tax-appeal candidate.

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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