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516 Simonton St

Elkhart, IN 46514

3 bd 3 ba 2,514 sqft Built 1955 Lot 4,356 sqft single_family
Most recent sale
$220,000
May 11, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 11, 2022 Sold $220,000 Public Record
May 9, 2022 Sold $220,000 IRMLS
Apr 7, 2022 Relisted $215,000 MLS #202210866
Mar 31, 2022 Listed $215,000 MLS #202210866
Nov 30, 2021 Sold $110,000 IRMLS
Nov 5, 2021 Listed $109,900 MLS #202146494
Apr 12, 2006 Sold $114,912 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $240,800 $10,000 $250,800 $2,468
2024 $240,800 $10,000 $250,800 $2,552
2023 $126,700 $10,000 $136,700 $2,331
2022 $115,900 $10,000 $125,900 $1,398
2021 $103,600 $10,000 $113,600 $2,567
2020 $103,600 $10,000 $113,600 $2,463
2019 $100,600 $10,000 $110,600 $2,389
2018 $80,500 $9,900 $90,400 $1,967
2017 $74,100 $9,900 $84,000 $1,833
2016 $71,800 $9,900 $81,700 $1,779
2015 $77,000 $9,900 $86,900 $1,871
2014 $74,600 $9,900 $84,500 $1,797
2013 $74,600 $9,900 $84,500 $3,090
2012 $74,500 $18,600 $93,100 $842
2011 $88,400 $9,400 $97,800 $978
2010 $93,200 $9,900 $103,100 $1,066
2009 $96,400 $10,200 $106,600 $1,098
2008 $97,400 $11,700 $109,100 $908
2007 $97,400 $11,700 $109,100 $836
2006 $56,300 $11,700 $68,000 $613

Property facts

Year built
1955
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
2,514 sqft
Lot size
4,356 sqft
ZIP code
46514
City
Elkhart
Street
Simonton St
Coordinates
41.69827, -85.96988

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,320
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 516 Simonton St last sell?
516 Simonton St most recently sold on May 11, 2022 for $220,000.
What is the current tax assessment for 516 Simonton St?
The most recent total assessment for 516 Simonton St (year 2025) is $250,800 with $2,468 in property tax.
How does 516 Simonton St's assessment compare to its last sale price?
The current assessment is 14.0% above the last sale price of $220,000.
When was 516 Simonton St built?
516 Simonton St was built in 1955.
How does 516 Simonton St compare to others on Simonton St?
We track 8 other properties on Simonton St. Browse the list under "Other properties on Simonton St" to compare beds, baths, and sale history.
What are the property facts for 516 Simonton St?
516 Simonton St is a 3 bed, 3 bath, 2,514 sqft, 4,356 sqft lot single_family.
Is 516 Simonton St a flip candidate?
Yes — 516 Simonton St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 516 Simonton St a tax-appeal candidate?
No — 516 Simonton 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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