59016 Melrose Pl
Elkhart, IN 46517
4 bd 3 ba 2,160 sqft Built 1972 Lot 17,250 sqft single_family
Most recent sale
$299,507
Aug 16, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 16, 2022 | Sold | $299,507 | Public Record |
| Jun 29, 2022 | Listed | $309,900 | MLS #11089071 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $261,900 | $11,300 | $273,200 | $2,338 |
| 2024 | $229,100 | $11,300 | $240,400 | $2,365 |
| 2023 | $195,300 | $11,300 | $206,600 | $2,083 |
| 2022 | $174,100 | $11,300 | $185,400 | $2,081 |
| 2021 | $160,900 | $11,300 | $172,200 | $1,868 |
| 2020 | $160,900 | $11,300 | $172,200 | $2,050 |
| 2019 | $143,300 | $11,300 | $154,600 | $1,840 |
| 2018 | $125,600 | $11,300 | $136,900 | $1,544 |
| 2017 | $124,300 | $11,300 | $135,600 | $1,525 |
| 2016 | $117,300 | $16,100 | $133,400 | $1,582 |
| 2015 | $110,100 | $16,100 | $126,200 | $1,444 |
| 2014 | $106,500 | $16,100 | $122,600 | $1,366 |
| 2013 | $100,700 | $16,100 | $116,800 | $1,190 |
| 2012 | $108,500 | $16,100 | $124,600 | $1,246 |
| 2011 | $113,700 | $19,400 | $133,100 | $1,331 |
| 2010 | $118,600 | $19,400 | $138,000 | $1,442 |
| 2009 | $130,700 | $21,400 | $152,100 | $1,361 |
| 2008 | $123,400 | $21,400 | $144,800 | $1,325 |
| 2007 | $123,400 | $21,400 | $144,800 | $1,683 |
| 2006 | $101,600 | $21,400 | $123,000 | $1,351 |
Property facts
Year built
1972
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,160 sqft
Lot size
17,250 sqft
ZIP code
46517
City
Elkhart
Street
Melrose Pl
Coordinates
41.63750, -85.93616
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,240
Gross rental yield
12.98%
Implied cap rate
8.44%
Trend-extrapolated value
—
Frequently asked questions
When did 59016 Melrose Pl last sell?
59016 Melrose Pl most recently sold on Aug 16, 2022 for $299,507.
What is the current tax assessment for 59016 Melrose Pl?
The most recent total assessment for 59016 Melrose Pl (year 2025) is $273,200 with $2,338 in property tax.
How does 59016 Melrose Pl's assessment compare to its last sale price?
The current assessment is 8.8% below the last sale price of $299,507.
When was 59016 Melrose Pl built?
59016 Melrose Pl was built in 1972.
How does 59016 Melrose Pl compare to others on Melrose Pl?
We track 8 other properties on Melrose Pl. Browse the list under "Other properties on Melrose Pl" to compare beds, baths, and sale history.
What are the property facts for 59016 Melrose Pl?
59016 Melrose Pl is a 4 bed, 3 bath, 2,160 sqft, 17,250 sqft lot single_family.
Is 59016 Melrose Pl a flip candidate?
No — 59016 Melrose Pl does not appear in our flips dataset.
Is 59016 Melrose Pl a tax-appeal candidate?
No — 59016 Melrose Pl is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-5.1%
Implied 1-yr
-20.5%
2026 Q3
$217.5K
2026 Q4
$217.5K
ZIP 46517 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Melrose Pl