Multi- offers in place - Highest and best needed please by 08/09/25 before 6pm. with seller responding by 10 pm also on 08/09/25- Charming Urban Retreat with Income Potential! Possible 5 bedrooms with 2 baths, zoned for commercial use, live downstairs and rent out the upstairs, vise versa, or just use as the perfect home with endless possibilities! Welcome to this unique home in the heart of Elkhart! The main level features beautiful wood flooring, a cozy fireplace, and an open flow between the living room, family room, and dining area—perfect for easy living and entertaining. Upstairs, you’ll find a private suite complete with a second kitchen, bathroom, large bedroom and multiple bonus rooms. Whether you’re dreaming of a rental space, an Airbnb opportunity, or just a great setup for a roommate to help offset your mortgage, this space is full of income-producing potential. Outside, enjoy the convenience of a one-car detached garage and a low-maintenance fenced in yard—all while being nestled in Elkhart’s urban core. Come see for yourself!
Closed
$140,000
529 W Franklin St, Elkhart, IN 46516
5beds
1,982sqft
Single Family Residence
Built in 1885
4,791 Square Feet Lot
$147,000 Zestimate®
$--/sqft
$1,822 Estimated rent
Home value
$147,000
$128,000 - $169,000
$1,822/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Pam Colen Cell:574-276-5323,
McKinnies Realty, LLC
Bought with:
Nathanael Eddy, RB23000561
eXp Realty, LLC
Source: IRMLS,MLS#: 202529311
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
- Main level bedrooms: 1
Bedroom 1
- Level: Main
Bedroom 2
- Level: Upper
Dining room
- Level: Main
- Area: 154
- Dimensions: 14 x 11
Family room
- Level: Main
- Area: 180
- Dimensions: 12 x 15
Kitchen
- Level: Main
- Area: 110
- Dimensions: 10 x 11
Living room
- Level: Main
- Area: 285
- Dimensions: 19 x 15
Heating
- Natural Gas
Cooling
- Central Air
Features
- Basement: Michigan Basement
- Number of fireplaces: 1
- Fireplace features: Family Room
Interior area
- Total structure area: 2,578
- Total interior livable area: 1,982 sqft
- Finished area above ground: 1,982
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Detached
- Garage spaces: 1
Features
- Levels: Two
- Stories: 2
Lot
- Size: 4,791 Square Feet
- Dimensions: 45 x 102
- Features: Corner Lot, Irregular Lot
Details
- Parcel number: 200605387001.000012
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Other
Condition
- New construction: No
- Year built: 1885
Utilities & green energy
- Sewer: City
- Water: City
Community & HOA
Community
- Subdivision: Other
Location
- Region: Elkhart
Financial & listing details
- Tax assessed value: $119,200
- Annual tax amount: $961
- Date on market: 7/26/2025
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 9/8/2025 | Sold | $140,000+3.7% |
Source:  IRMLS #202529311 Report a problem | ||
| 9/4/2025 | Pending sale | $135,000 |
Source: IRMLS #202529311 Report a problem | ||
| 8/1/2025 | Listed for sale | $135,000+35% |
Source: IRMLS #202529311 Report a problem | ||
| 5/16/2023 | Sold | $100,000-28.6% |
Source: IRMLS #202249808 Report a problem | ||
| 12/16/2022 | Listed for sale | $140,000 |
Source: IRMLS #202249808 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $947 -37.2% | $119,200 +22.5% |
| 2024 | $1,508 -31.7% | $97,300 +9.2% |
| 2023 | $2,207 -0.8% | $89,100 -1.4% |
| 2022 | $2,225 +6.6% | $90,400 -0.8% |
| 2021 | $2,088 +11.6% | $91,100 +12.1% |
| 2020 | $1,870 -1.4% | $81,300 +10.9% |
| 2019 | $1,896 +10.1% | $73,300 -0.8% |
| 2018 | $1,722 +7.6% | $73,900 +11% |
| 2017 | $1,600 | $66,600 +2.6% |
| 2016 | $1,600 +4.1% | $64,900 +6.2% |
| 2014 | $1,537 -7.1% | $61,100 -11.6% |
| 2013 | $1,654 +6.6% | $69,100 -11% |
| 2012 | $1,552 +28.3% | $77,600 +28.3% |
| 2011 | $1,210 -12.1% | $60,500 -7.2% |
| 2010 | $1,377 | $65,200 |
| 2009 | $1,377 | $65,200 |
Find assessor info on the county website
Neighborhood: Downtown
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Nearby schools
GreatSchools rating
- 3/10Beardsley Elementary SchoolGrades: PK-6Distance: 1.4 mi
- 2/10North Side Middle SchoolGrades: 7-8Distance: 1.4 mi
- 2/10Elkhart High SchoolGrades: 9-12Distance: 2.1 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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- Indiana
- Elkhart County
- Elkhart
- 46516
- Downtown
- 529 W Franklin St
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