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22116 State Road 120

Elkhart, IN 46516

3 bd 2 ba 1,330 sqft Built 1965 Lot 29,621 sqft single_family
Most recent sale
$291,000
Jul 19, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 19, 2022 Sold $291,000 Public Record
Jul 15, 2022 Sold $240,000 IRMLS
May 26, 2022 Listed $249,000 MLS #202220279
May 16, 2019 Sold $164,000 Public Record
Apr 17, 2019 Listed $189,900 MLS #201914215

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $176,600 $27,300 $203,900 $1,614
2024 $146,200 $27,300 $173,500 $1,536
2023 $124,400 $45,100 $169,500 $1,745
2022 $113,800 $45,100 $158,900 $1,810
2021 $101,000 $45,100 $146,100 $3,251
2020 $101,000 $45,100 $146,100 $3,501
2019 $30,100 $45,100 $75,200 $1,838
2018 $30,100 $45,100 $75,200 $1,838
2017 $30,100 $45,100 $75,200 $1,854
2016 $38,300 $36,900 $75,200 $1,885
2015 $20,100 $36,900 $57,000 $1,394
2014 $20,100 $36,900 $57,000 $1,397
2013 $36,100 $36,900 $73,000 $1,862
2012 $36,100 $36,900 $73,000 $1,557
2011 $34,800 $38,200 $73,000 $1,511
2010 $87,600 $35,900 $123,500 $2,655
2009 $93,400 $38,200 $131,600 $2,772
2008 $107,900 $38,200 $146,100 $2,992
2007 $107,900 $38,200 $146,100 $2,602
2006 $86,400 $27,500 $113,900 $2,002

Property facts

Year built
1965
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,330 sqft
Lot size
29,621 sqft
ZIP code
46516
City
Elkhart
Street
State Road 120
Coordinates
41.70111, -85.89027

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,995
Gross rental yield
8.23%
Implied cap rate
5.35%
Trend-extrapolated value

Frequently asked questions

When did 22116 State Road 120 last sell?
22116 State Road 120 most recently sold on Jul 19, 2022 for $291,000.
What is the current tax assessment for 22116 State Road 120?
The most recent total assessment for 22116 State Road 120 (year 2025) is $203,900 with $1,614 in property tax.
How does 22116 State Road 120's assessment compare to its last sale price?
The current assessment is 29.9% below the last sale price of $291,000.
When was 22116 State Road 120 built?
22116 State Road 120 was built in 1965.
How does 22116 State Road 120 compare to others on State Road 120?
We track 8 other properties on State Road 120. Browse the list under "Other properties on State Road 120" to compare beds, baths, and sale history.
What are the property facts for 22116 State Road 120?
22116 State Road 120 is a 3 bed, 2 bath, 1,330 sqft, 29,621 sqft lot single_family.
Is 22116 State Road 120 a flip candidate?
Yes — 22116 State Road 120 appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 22116 State Road 120 a tax-appeal candidate?
No — 22116 State Road 120 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
+5.0%
Implied 1-yr
+20.0%
2026 Q3
$250K
2026 Q4
$259.5K
ZIP 46516 — Median Price History + Forecast

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