3 months on rocket

1616 Toledo Rd, Elkhart, IN, 46516

$145,000

Land

Location

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Property Highlights

Home TypeBusiness
MLS #202428405
Lot Size0.53 Acres
StatusActive

About 1616 Toledo Rd

Tons of opportunity with this .53 acre lot located on Toledo Road, 135' frontage and zoned B-3.

Property Details

Property Features

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices Elkhart
  • Office Phone: (574) 293-1010
  • Listing Agent: Tina Seniff

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  • Virtual Tour: 1616 Toledo Rd
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Lot Features

Lot Information:

  • Lot Size: 0.53 Acres

Other

Directions Information:

  • Directions: East Jackson Blvd turn right on Goshen Ave. and turn left on Old US 20/Toledo Road.

Price Information

Listing Price Info

Price Summary:

  • List Price: $145,000

Tax Information:

  • Annual Amount: $2,709
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Elkhart, IN.

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Elkhart, IN

City

Med. Sold Price

$235.3K

Med. Price/SqFt

$128

# of Sold Homes

72

1616 Toledo Rd vs Elkhart

114 DAYS ON ROCKET

$145,000

-$90.3K Less

KEY TAKEAWAY

This property is $90.3K less than the Median Sold Price in Elkhart, IN.

Based on homes sold in October 2024

MLS Details

MLS Information:

  • MLS Number: #202428405

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices Elkhart
  • Office Phone: (574) 293-1010
  • Listing Agent: Tina Seniff

IDX The data on this website relating to real estate for sale comes in part from the Internet Data Exchange (IDX) program of the Indiana Regional MLS (IRMLS). IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. ©2011-2024 Indiana Regional MLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 4:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Nov 26, 2018Home Sold
$65,000

Tax History

YEARPROP. TAXASSESSMENT
2021$2,709$82,200
2019$2,575$79,500
2018$2,532$80,000
2017$2,553$78,300

History based on county public records data.

Payment Calculator

$791

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$501

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-368987
3
/10

  • Mary Beck Elementary School

  • 818 McDonald St

  • 0.83 miles

  • Public District Grades KG-6

school-card-donut-368988
5
/10

  • Riverview Elementary School

  • 2509 Wood St

  • 0.90 miles

  • Public District Grades KG-6

school-card-donut-368989
7
/10

  • Monger Elementary School

  • 1100 E Hively Ave

  • 1.33 miles

  • Public District Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $45,451. The majority of Elkhart, IN residents have income between $35k-100k annually. Most families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Living In Elkhart, IN

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Elkhart, IN?

Elkhart's housing market is diverse, offering a range of options from historic homes to newer constructions. Single-family homes are prevalent, making up a significant portion of the housing stock, with architectural styles that include ranch, colonial, and bungalow. The market also features a selection of apartments and townhouses, accommodating various housing preferences. The homeownership rate in Elkhart is robust, with a majority of residents owning their homes, while a smaller percentage are renters.

Is Elkhart, IN a good place to live?

Elkhart is celebrated for its vibrant community spirit and rich cultural heritage. The city prides itself on its musical history, often referred to as the 'Band Instrument Capital of the World', and hosts several festivals throughout the year that showcase its musical and artistic talents. The community's character is further defined by its scenic riverwalk and well-maintained parks, which provide residents with ample outdoor recreational opportunities.

Are things conveniently located in Elkhart, IN?

The community is served by a comprehensive educational system, including a number of public and private schools that cater to various educational needs. Elkhart boasts several healthcare facilities, offering a range of services from primary care to specialized medical treatments. The city's public library system supports lifelong learning with a variety of programs and resources. Retail and dining options in Elkhart reflect the local culture, with a mix of national chains and independent businesses that contribute to the city's unique charm.

What does the transportation in Elkhart, IN look like?

Elkhart's transportation infrastructure includes a network of roads and highways that connect residents to nearby cities and states, with the Indiana Toll Road being a notable route for commuters. Public transit options are available, providing residents with alternatives to private vehicle use. The city's walkability varies by area, with the downtown region being particularly pedestrian-friendly. While specific ride-sharing statistics are not mentioned, such services are commonly used by residents for added convenience.

Frequently Asked Questions About 1616 Toledo Rd

What is the listing price of this property?

The listing price of 1616 Toledo Rd property is $145,000.

What type of property is this?

The property 1616 Toledo Rd is land located in Elkhart, Indiana, 46516.

Is this property for sale now?

Active Listing: 1616 Toledo Rd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $2,709 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on November 26, 2018 for $65,000. (source: MLS/tax record).
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Rocket Homes›Indiana›Elkhart County›Elkhart›46516›1616 Toledo Rd

This home is located at 1616 Toledo Rd in Elkhart, IN and zip code 46516. It has been listed on Rocket Homes since July 30, 2024 and is currently priced at $145,000.

In October 2024, from all listings sold in Elkhart, IN there were more than 18 sold above asking price, over 26 sold below and more than 23 were sold right at the asked price. Between September 2024 and October 2024, Elkhart, IN real estate market has seen increase in the number of listings by 15.5%.

From Rocket Homes Real Estate and based on county public records data.

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