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56540 Woodbine Ln

Elkhart, IN 46516

3 bd 3 ba 1,628 sqft Built 1988 Lot 16,988 sqft single_family
Most recent sale
$362,537
Aug 3, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 3, 2022 Sold $362,537 Public Record
Jul 25, 2022 Sold $299,000 IRMLS
Jun 2, 2022 Price changed $299,000 MLS #202210709
Mar 31, 2022 Listed $399,000 MLS #202210709

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $235,400 $29,000 $264,400 $2,807
2024 $235,400 $29,000 $264,400 $2,632
2023 $225,300 $29,000 $254,300 $2,460
2022 $205,900 $29,000 $234,900 $2,638
2021 $198,100 $29,000 $227,100 $2,453
2020 $182,900 $29,000 $211,900 $2,842
2019 $172,100 $29,000 $201,100 $2,664
2018 $157,200 $29,000 $186,200 $2,527
2017 $161,900 $29,000 $190,900 $2,343
2016 $150,500 $29,000 $179,500 $2,465
2015 $148,300 $29,000 $177,300 $2,252
2014 $148,300 $29,000 $177,300 $2,237
2013 $154,800 $29,000 $183,800 $2,395
2012 $157,300 $29,000 $186,300 $2,042
2011 $158,300 $24,300 $182,600 $1,999
2010 $168,100 $24,300 $192,400 $2,298
2009 $185,700 $26,700 $212,400 $2,178
2008 $173,300 $26,700 $200,000 $2,114
2007 $193,200 $26,700 $219,900 $3,066
2006 $173,100 $26,700 $199,800 $2,513

Property facts

Year built
1988
Property type
single_family
Stories
1
Beds
3
Baths
3
Living area
1,628 sqft
Lot size
16,988 sqft
ZIP code
46516
City
Elkhart
Street
Woodbine Ln
Coordinates
41.67324, -85.92107

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
$2,442
Gross rental yield
8.08%
Implied cap rate
5.25%
Trend-extrapolated value

Frequently asked questions

When did 56540 Woodbine Ln last sell?
56540 Woodbine Ln most recently sold on Aug 3, 2022 for $362,537.
What is the current tax assessment for 56540 Woodbine Ln?
The most recent total assessment for 56540 Woodbine Ln (year 2025) is $264,400 with $2,807 in property tax.
How does 56540 Woodbine Ln's assessment compare to its last sale price?
The current assessment is 27.1% below the last sale price of $362,537.
When was 56540 Woodbine Ln built?
56540 Woodbine Ln was built in 1988.
How does 56540 Woodbine Ln compare to others on Woodbine Ln?
We track 4 other properties on Woodbine Ln. Browse the list under "Other properties on Woodbine Ln" to compare beds, baths, and sale history.
What are the property facts for 56540 Woodbine Ln?
56540 Woodbine Ln is a 3 bed, 3 bath, 1,628 sqft, 16,988 sqft lot single_family.
Is 56540 Woodbine Ln a flip candidate?
Yes — 56540 Woodbine Ln appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 56540 Woodbine Ln a tax-appeal candidate?
No — 56540 Woodbine Ln 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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