Low Cost Home for Sale! Great opportunity to own a home with plenty of potential! With a light rehab, this property could be your perfect place to live, flip for profit, or add to your rental portfolio. The house features a large living room, dining room, and kitchen, offering ample space for comfortable living. There are 2 bedrooms plus a versatile "flex room" at the front that could serve as an office, entryway, or even a 3rd bedroom. The mechanical systems appear to be relatively new, reducing immediate repair concerns. The seller is accepting cash-only, AS-IS offers from buyers prepared to close quickly. Important: The seller has never lived in the home and provides limited information. Buyers and their agents are responsible for verifying room dimensions, square footage, zoning, utilities, and school details.
Pending
$49,900
415 Sherman St, Elkhart, IN 46516
3beds
1,372sqft
Single Family Residence
Built in 1905
5,227 Square Feet Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Dining room
- 15 days
- 1,216
- 63
Zillow last checked:
Listing updated:
Listed by:
Brad Beer Cell:574-596-0376,
Heart City Realty LLC
Source: IRMLS,MLS#: 202633711
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
- Main level bedrooms: 3
Bedroom 1
- Level: Main
Bedroom 2
- Level: Main
Dining room
- Level: Main
- Area: 180
- Dimensions: 15 x 12
Kitchen
- Level: Main
- Area: 192
- Dimensions: 16 x 12
Living room
- Level: Main
- Area: 216
- Dimensions: 18 x 12
Heating
- Natural Gas, Forced Air
Cooling
- None
Features
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 2,744
- Total interior livable area: 1,372 sqft
- Finished area above ground: 1,372
- Finished area below ground: 0
Video & virtual tour
Property
Features
- Levels: One
- Stories: 1
Lot
- Size: 5,227 Square Feet
- Dimensions: 41X125
- Features: 0-2.9999, City/Town/Suburb
Details
- Parcel number: 200605327013.000012
- Zoning: R-1
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Asphalt
- Roof: Shingle
Condition
- New construction: No
- Year built: 1905
Utilities & green energy
- Sewer: City
- Water: City
Community & HOA
Community
- Subdivision: Franklin(s)
Location
- Region: Elkhart
Financial & listing details
- Tax assessed value: $48,900
- Annual tax amount: $314
- Date on market: 8/18/2026
- Listing terms: Cash
Estimated market value
Not available
Estimated sales range
Not available
$1,357/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/29/2026 | Pending sale | $49,900 |
Source: | ||
| 8/18/2026 | Listed for sale | $49,900+42.6% |
Source: | ||
| 7/30/2026 | Sold | $35,000$26/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $313 +2.9% | $48,900 +19.9% |
| 2024 | $305 -9.7% | $40,800 +4.9% |
| 2023 | $337 +1.5% | $38,900 -1.3% |
| 2022 | $332 -56.3% | $39,400 +2.3% |
| 2021 | $760 +8.8% | $38,500 +9.4% |
| 2020 | $699 -1.3% | $35,200 +8.3% |
| 2019 | $708 +3.2% | $32,500 -0.6% |
| 2018 | $686 +7.7% | $32,700 +5.8% |
| 2017 | $637 | $30,900 +2% |
| 2016 | $637 +87.9% | $30,300 -25.9% |
| 2014 | $339 -60.5% | $40,900 -4.7% |
| 2013 | $858 -2.1% | $42,900 -2.1% |
| 2012 | $876 +11.5% | $43,800 +11.5% |
| 2011 | $786 -8.8% | $39,300 -8.8% |
| 2010 | $862 | $43,100 |
| 2009 | $862 | $43,100 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Downtown
Nearby schools
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.






