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54148 Southwood Dr

Elkhart, IN 46514

3 bd 1 ba 900 sqft Built 1961 Lot 10,019 sqft single_family
Most recent sale
$156,812
Jun 22, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 22, 2022 Sold $156,812 Public Record
Jun 7, 2022 Sold $130,000 IRMLS
Apr 27, 2022 Listed $119,840 MLS #202215014
Sep 17, 2010 Sold $457,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $107,700 $9,800 $117,500 $605
2024 $99,300 $9,800 $109,100 $624
2023 $73,800 $9,800 $83,600 $504
2022 $65,900 $9,800 $75,700 $446
2021 $55,700 $9,800 $65,500 $1,292
2020 $55,700 $9,800 $65,500 $1,253
2019 $47,400 $9,800 $57,200 $1,087
2018 $47,000 $9,800 $56,800 $1,129
2017 $44,100 $9,800 $53,900 $1,103
2016 $42,300 $9,800 $52,100 $1,049
2015 $39,600 $9,800 $49,400 $1,008
2014 $37,900 $9,800 $47,700 $979
2013 $37,900 $9,800 $47,700 $1,044
2012 $38,000 $9,800 $47,800 $956
2011 $38,800 $9,200 $48,000 $960
2010 $39,200 $9,600 $48,800 $926
2009 $41,600 $10,200 $51,800 $903
2008 $43,600 $10,200 $53,800 $920
2007 $43,600 $10,200 $53,800 $952
2006 $43,200 $10,200 $53,400 $835

Property facts

Year built
1961
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
900 sqft
Lot size
10,019 sqft
ZIP code
46514
City
Elkhart
Street
Southwood Dr
Coordinates
41.70755, -85.99904

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,350
Gross rental yield
10.33%
Implied cap rate
6.72%
Trend-extrapolated value

Frequently asked questions

When did 54148 Southwood Dr last sell?
54148 Southwood Dr most recently sold on Jun 22, 2022 for $156,812.
What is the current tax assessment for 54148 Southwood Dr?
The most recent total assessment for 54148 Southwood Dr (year 2025) is $117,500 with $605 in property tax.
How does 54148 Southwood Dr's assessment compare to its last sale price?
The current assessment is 25.1% below the last sale price of $156,812.
When was 54148 Southwood Dr built?
54148 Southwood Dr was built in 1961.
How does 54148 Southwood Dr compare to others on Southwood Dr?
We track 5 other properties on Southwood Dr. Browse the list under "Other properties on Southwood Dr" to compare beds, baths, and sale history.
What are the property facts for 54148 Southwood Dr?
54148 Southwood Dr is a 3 bed, 1 bath, 900 sqft, 10,019 sqft lot single_family.
Is 54148 Southwood Dr a flip candidate?
Yes — 54148 Southwood Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 54148 Southwood Dr a tax-appeal candidate?
No — 54148 Southwood Dr 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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