Skip main navigation
Active
    • $225,000

    517 W Lexington Ave, Elkhart, IN 46516

    4beds
    2,371sqft
    : 
    $1,492/mo
    Get pre-qualified
    Triplex
    Built in 1925
    -- sqft lot
    $218,800 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Corner lot
    Great income producer! Triplex in Elkhart on a corner lot featuring 3 large units, 3 attached garages, a brick woodburning fireplace on the main level a common laundry area on the main level and new furnaces. Close to downtown, shopping and restaurants.
    187 days
    |
    224
    |
    9
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Denver Anthony Cell:574-215-2101,

    Cressy & Everett- Elkhart

    Source: IRMLS,MLS#: 202603080MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 3
      • Full bathrooms: 3
      Heating
      • Natural Gas, Forced Air, Fireplace(s)
      Cooling
      • None
      Features
      • Flooring: Wood
      • Basement: Full,Unfinished
      • Has fireplace: Yes
      Interior area
      • Total structure area: 3,628
      • Total interior livable area: 2,371 sqft
      • Finished area above ground: 2,371
      • Finished area below ground: 0
      Video & virtual tour

      Property

      Parking
      • Total spaces: 3
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Porch Covered
      • Fencing: Fenced
      Lot
      • Size: 0.25 Acres
      • Dimensions: 66x165
      • Features: Corner Lot
      Details
      • Additional structures: None
      • Parcel number: 200605376006.000012

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Triplex
      Materials
      • Aluminum Siding, Vinyl Siding, Masonry
      Condition
      • New construction: No
      • Year built: 1925

      Utilities & green energy

      • Sewer: City
      • Water: City

      Community & HOA

      Community
      • Subdivision: None
      Location
      • Region: Elkhart

      Financial & listing details

      • Tax assessed value: $233,600
      • Annual tax amount: $3,874
      • Date on market: 1/30/2026
      • Inclusions: Building, Land, Lease
      • Lease term: 12 Months
      • Total actual rent: 29820
      • Tenant pays: Electricity, Fuel

        Estimated market value

        $218,800

        $208,000 - $230,000

        $1,301/mo

        Price history

        DateEventPrice
        1/30/2026Listed for sale$225,000+7.1%
        Source: IRMLS #202603080 Report a problem
        7/16/2022Listing removed--
        Source: Berkshire Hathaway HomeServices Michigan and Northern Indiana Real Estate Report a problem
        5/25/2022Pending sale$210,000
        Source: IRMLS #202203289 Report a problem
        4/15/2022Price change$210,000-17.6%
        Source: IRMLS #202203289 Report a problem
        2/1/2022Listed for sale$255,000+156.2%
        Source: IRMLS #202203289 Report a problem
        10/17/2005Sold$99,550$42/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,860 +5.9%$233,600 +22.4%
        2024$3,646 +149%$190,800 +5.9%
        2023$1,464 0%$180,100 +152.6%
        2022$1,465 -6%$71,300
        2021$1,559 +15%$71,300
        2020$1,355 +34.6%$71,300 +13.2%
        2019$1,007 -1.1%$63,000 +35.5%
        2018$1,018 +1.3%$46,500 +0.6%
        2017$1,004 $46,200 -0.6%
        2016$1,004 +16.5%$46,500 -60.4%
        2014$862 -67.9%$117,500 -11.9%
        2013$2,686 -0.9%$133,400 -0.9%
        2012$2,711 +17%$134,600 +16.9%
        2011$2,318 +76.5%$115,100 +77.6%
        2010$1,313 -48.9%$64,800 -49.2%
        2009$2,567 -11.9%$127,500 +17.7%
        2007$2,912 +13.1%$108,300 +4.5%
        2006$2,575 +4.6%$103,600
        2005$2,462 +0.6%$103,600
        2004$2,449 +9.7%$103,600
        2003$2,233 $103,600
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.
        Get pre-qualified

        Climate risks

        Neighborhood: Downtown

        Getting around

        63 / 100
        Somewhat Walkable
        67 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Mary Feeser
        • 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.

        A local agent can set up tours, give advice and negotiate with sellers.

        A local lender can help you make sure your offer is ready when you are.

        Browse local experts

        Similar homes

              Nearby cities

              Nearby neighborhoods

              Nearby zip codes

              Other Elkhart Topics

                Search
                Updates
                Favorites
                Plan
                Inbox