Closed

$185,000

1505 Krau St, Elkhart, IN 46516

3beds

1,296sqft

Single Family Residence

Built in 2025

6,969 Square Feet Lot

$195,800 Zestimate^®

$--/sqft

$1,913 Estimated rent

Home value

$195,800

$170,000 - $225,000

$1,913/mo

Zestimate^® history

Owner options

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$1,913/mo

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$1,913/mo

Rent Zestimate^®

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$1,206/mo

Est. payment

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$1,206/mo

Est. payment

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What's special

Open concept living spacePrimary bedroom suiteBeautiful eat-in kitchenAll appliances

This home has income requirements for purchasing. 1505 Krau Street is a newly constructed, 3 bedroom, 2 full bath home that features an open concept living space, a primary bedroom suite, and a beautiful eat-in kitchen with all appliances. A full basement with egress window adds extra potential for this great home. Outside, the lot is spacious and will be seeded for the next owner. This worry-free home is brand new and ready for its first owner. Again, this home has income requirements (Single Person-max annual income=$49,950, 2 people=$52,500, 4=$65,600).

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2
Main level bedrooms: 3

Bedroom 1

Level: Main

Bedroom 2

Level: Main

Heating

Natural Gas, Conventional, Forced Air

Cooling

Central Air, Ceiling Fan(s)

Appliances

Included: Range/Oven Hook Up Gas, Dishwasher, Microwave, Refrigerator, Gas Range, Gas Water Heater
Laundry: Main Level, Washer Hookup

Features

Ceiling Fan(s), Laminate Counters, Eat-in Kitchen, Kitchen Island, Open Floorplan, Stand Up Shower, Tub/Shower Combination, Main Level Bedroom Suite
Flooring: Carpet, Laminate
Windows: Window Treatments
Basement: Full,Unfinished,Concrete,Sump Pump
Has fireplace: No

Interior area

Total structure area: 2,592
Total interior livable area: 1,296 sqft
Finished area above ground: 1,296
Finished area below ground: 0

Property

Features

Levels: One
Stories: 1

Lot

Size: 6,969 Square Feet
Dimensions: 51X132
Features: Level, City/Town/Suburb

Details

Parcel number: 200607278006.000012
Other equipment: Sump Pump

Construction

Type & style

Home type: SingleFamily
Architectural style: Ranch
Property subtype: Single Family Residence

Materials

Vinyl Siding
Roof: Dimensional Shingles

Condition

New construction: No
Year built: 2025

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Subdivision: None

Location

Region: Elkhart

Financial & listing details

Tax assessed value: $158,400
Annual tax amount: $300
Date on market: 3/28/2025
Listing terms: Cash,Conventional,FHA,VA Loan

Price history

Date	Event	Price
7/31/2025	Sold	$185,000+8.9%
Source: IRMLS #202510384 Report a problem
5/22/2025	Pending sale	$169,900
Source: IRMLS #202510384 Report a problem
3/28/2025	Listed for sale	$169,900
Source: IRMLS #202510384 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$198 -33.1%	$158,400 +1516.3%
2024	$296 -0.1%	$9,800
2023	$297 +30.6%	$9,800
2022	$227 -4.2%	$9,800 +30.7%
2021	$237 +0.3%	$7,500
2020	$236 -0.5%	$7,500
2019	$237 -2%	$7,500
2018	$242 -58.4%	$7,500
2017	$583	$7,500
2016	$583 +1.3%	$7,500 -72.2%
2014	$576 +2.1%	$27,000 -4.3%
2013	$564	$28,200
2012	$564 +0%	$28,200
2011	$564 -24.8%	$28,200 -24.8%
2010	$750	$37,500
2009	$750	$37,500