4016 Timber Ln
Elkhart, IN 46514
3 bd 3 ba 2,427 sqft Built 2022 Lot 10,454 sqft single_family
Most recent sale
$40,000
May 12, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 5, 2025 | Sold | $467,000 | IRMLS |
| Feb 14, 2025 | Listed | $489,900 | IRMLS |
| Aug 2, 2023 | Sold | $415,000 | Public Record |
| Jun 30, 2023 | Sold | $415,000 | IRMLS |
| Dec 21, 2022 | Listed | $442,100 | IRMLS |
| Nov 30, 2022 | Listing removed | $442,100 | IRMLS |
| Aug 29, 2022 | Listed | $442,100 | MLS #202235962 |
| May 12, 2022 | Sold | $40,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $388,200 | $40,900 | $429,100 | $4,054 |
| 2024 | $361,400 | $40,900 | $402,300 | $4,088 |
| 2023 | — | $400 | $400 | $3,956 |
| 2022 | — | $400 | $400 | $12 |
| 2021 | — | $400 | $400 | $12 |
| 2020 | — | $400 | $400 | $13 |
| 2019 | — | $400 | $400 | $13 |
| 2018 | — | $400 | $400 | $13 |
| 2017 | — | $400 | $400 | $13 |
Property facts
Year built
2022
Property type
single_family
Stories
1
Beds
3
Baths
3
Living area
2,427 sqft
Lot size
10,454 sqft
ZIP code
46514
City
Elkhart
Street
Timber Ln
Coordinates
41.71775, -85.90051
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$240
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
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Frequently asked questions
When did 4016 Timber Ln last sell?
4016 Timber Ln most recently sold on May 12, 2022 for $40,000.
What is the current tax assessment for 4016 Timber Ln?
The most recent total assessment for 4016 Timber Ln (year 2025) is $429,100 with $4,054 in property tax.
How does 4016 Timber Ln's assessment compare to its last sale price?
The current assessment is 972.8% above the last sale price of $40,000.
When was 4016 Timber Ln built?
4016 Timber Ln was built in 2022.
How does 4016 Timber Ln compare to others on Timber Ln?
We track 4 other properties on Timber Ln. Browse the list under "Other properties on Timber Ln" to compare beds, baths, and sale history.
What are the property facts for 4016 Timber Ln?
4016 Timber Ln is a 3 bed, 3 bath, 2,427 sqft, 10,454 sqft lot single_family.
Is 4016 Timber Ln a flip candidate?
Yes — 4016 Timber Ln appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 4016 Timber Ln a tax-appeal candidate?
No — 4016 Timber Ln is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-4.0%
Implied 1-yr
-16.1%
2026 Q3
$230.4K
2026 Q4
$217.8K
ZIP 46514 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Timber Ln