Investment Opportunity! This charming 2-bedroom, 1-bath home is tenant-occupied with lease rights through August 2026, offering built-in rental income from day one. The property features a spacious fenced yard with a patio, perfect for outdoor enjoyment plus a detached garage for extra storage. Inside, you will find a versatile bonus room currently used as a second family room and the convenience of in-home laundry. Ideally located near grocery stores, shopping, and easy highway access, this home is a smart and steady addition to any investment portfolio.
Closed
$130,000
1534 Cone St, Elkhart, IN 46514
2beds
1,056sqft
Multi Family
Built in 1956
-- sqft lot
$133,300 Zestimate®
$--/sqft
$1,104 Estimated rent
Home value
$133,300
$117,000 - $152,000
$1,104/mo
Zestimate® history
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$636/mo
Est. payment
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Est. payment
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List your homeWhat's special
Detached garageVersatile bonus roomIn-home laundrySpacious fenced yard
Zillow last checked:
Listing updated:
Listed by:
Wendy Echartea Office:574-293-1010,
Berkshire Hathaway HomeServices Elkhart
Bought with:
Julie Circle, RB20001064
Keller Williams Realty Group
Source: IRMLS,MLS#: 202537525
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Natural Gas, Conventional
Cooling
- Window Unit(s)
Appliances
- Included: Gas Water Heater
Features
- Flooring: Carpet
- Has basement: No
Interior area
- Total structure area: 1,056
- Total interior livable area: 1,056 sqft
- Finished area above ground: 1,056
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Detached, Garage
- Garage spaces: 1
Features
- Levels: One
- Stories: 1
- Patio & porch: Patio
- Fencing: Wood,Fenced
Lot
- Size: 7,405 Square Feet
- Dimensions: 60 x 125
- Features: Level
Details
- Additional structures: None
- Parcel number: 200232283005.000027
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Foundation: Slab
- Roof: Shingle
Condition
- New construction: No
- Year built: 1956
Utilities & green energy
- Sewer: City
- Water: City
Community & HOA
Community
- Features: Sidewalks
- Subdivision: Country Club Terrace
Location
- Region: Elkhart
Financial & listing details
- Tax assessed value: $122,200
- Annual tax amount: $1,433
- Date on market: 9/17/2025
- Listing terms: Cash,Conventional
- Inclusions: Other
- Lease term: 12 Months
- Total actual rent: 11400
- Tenant pays: Electricity, Heating, Grounds Care, Water
Price history
| Date | Event | Price |
|---|---|---|
| 1/21/2026 | Sold | $130,000-12.8% |
Source:  IRMLS #202537525 Report a problem | ||
| 1/6/2026 | Pending sale | $149,000 |
Source: IRMLS #202537525 Report a problem | ||
| 12/24/2025 | Contingent | $149,000$141/sqft |
Source: Berkshire Hathaway HomeServices Michigan and Northern Indiana Real Estate #202537525 Report a problem | ||
| 11/3/2025 | Price change | $149,000-3.2% |
Source: IRMLS #202537525 Report a problem | ||
| 9/17/2025 | Price change | $154,000+14.2% |
Source: IRMLS #202537525 Report a problem | ||
| 6/22/2022 | Pending sale | $134,900 |
Source: IRMLS #202224479 Report a problem | ||
| 6/18/2022 | Listed for sale | $134,900 |
Source: IRMLS #202224479 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,418 -25.1% | $122,200 +74.3% |
| 2024 | $1,893 +6709% | $70,100 -25% |
| 2023 | $28 +2% | $93,500 -6% |
| 2022 | $27 +1.9% | $99,500 +12.4% |
| 2021 | $27 +2% | $88,500 +5.6% |
| 2020 | $26 +2% | $83,800 +22% |
| 2019 | $26 -36.1% | $68,700 +15.9% |
| 2018 | $40 +65.9% | $59,300 +5.5% |
| 2017 | $24 | $56,200 +4.1% |
| 2016 | $24 +2% | $54,000 +6.9% |
| 2014 | $24 -3.6% | $50,500 |
| 2013 | $25 -2.1% | $50,500 -0.2% |
| 2012 | $25 -79% | $50,600 -17.3% |
| 2011 | $120 +2% | $61,200 -5% |
| 2010 | $117 +2% | $64,400 -3.2% |
| 2009 | $115 -84% | $66,500 +7.4% |
| 2007 | $718 +28.6% | $61,900 +8.8% |
| 2006 | $558 -2.2% | $56,900 |
| 2005 | $571 +0.5% | $56,900 |
| 2004 | $568 +9.7% | $56,900 |
| 2003 | $518 +23.5% | $56,900 +165.9% |
| 2002 | $419 +2.5% | $21,400 +199.7% |
| 2001 | $409 | $7,140 |
Find assessor info on the county website
Neighborhood: Woodlawn
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Nearby schools
GreatSchools rating
- 5/10Osolo Elementary SchoolGrades: PK-6Distance: 1.9 mi
- 2/10North Side Middle SchoolGrades: 7-8Distance: 0.4 mi
- 2/10Elkhart High SchoolGrades: 9-12Distance: 2.5 mi
Schools provided by the listing agent
- Elementary: Beardsley
- Middle: North Side
- High: Elkhart
- District: Elkhart Community Schools
Source: IRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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$133,300
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$135,966
- Indiana
- Elkhart County
- Elkhart
- 46514
- Woodlawn
- 1534 Cone St
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