2 months on rocket

241 Bank St, Elkhart, IN, 46516

$159,800

Home List Price

$1,898*

Closing Credit

2 Bedrooms
1 Full Bath
$208/SqFt
House

Location

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241 Bank St, Elkhart$159,800

Buyer Closing Credits

$1,898*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1924
HeatingNatural Gas, Forced Air
CoolingCentral Air
MLS #202436631
Lot Size0.13 Acres
StatusActive

About 241 Bank St

Darling 2 bedroom, 1 bath bungalow right off of East Jackson! Close to downtown and school. Finished attic offers lots of usable opportunity. Full basement, with a bonus room. Enjoy the large covered front porch or playing in the tree shaded back yard. Don't miss out!

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow
  • Year Built: 1924

Listing Office:

  • Office Name: Century 21 Circle
  • Office Phone: (574) 293-2121
  • Listing Agent: Megan Shultz

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Aluminum

Virtual/3D Tour

  • Virtual Tour: 241 Bank St
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Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.13 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: East Jackson to Bank Street

Price Information

Listing Price Info

Price Summary:

  • List Price: $159,800
  • Price Per SqFt: $208/SqFt

Tax Information:

  • Annual Amount: $1,739
  • 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

241 Bank St vs Elkhart

61 DAYS ON ROCKET

$159,800

-$75.5K Less

$208/SqFt

+$79 More

KEY TAKEAWAY

This property is $75.5K less than the Median Sold Price and $79/SqFt more than other homes in Elkhart, IN.

Based on homes sold in October 2024

MLS Details

MLS Information:

  • MLS Number: #202436631

Listing Office:

  • Office Name: Century 21 Circle
  • Office Phone: (574) 293-2121
  • Listing Agent: Megan Shultz

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, 12:20:55 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

Apr 07, 2020Home Sold
$100,000
Dec 30, 2013Home Sold
$68,500
Feb 20, 2013Home Sold
$32,001

Tax History

YEARPROP. TAXASSESSMENT
2021$1,739$93,100
2019$1,526$69,900
2018$1,414$64,300
2017$465$57,100

History based on county public records data.

Payment Calculator

$865

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$546

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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-289486
5
/10

  • Riverview Elementary School

  • 2509 Wood St

  • 0.67 miles

  • Public District Grades KG-6

school-card-donut-289487
3
/10

  • Beardsley Elementary School

  • 1027 McPherson St

  • 0.87 miles

  • Public District Grades KG-6

school-card-donut-289488
3
/10

  • Mary Beck Elementary School

  • 818 McDonald St

  • 0.95 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 $49,847. 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 241 Bank St

What is the listing price of this property?

The listing price of 241 Bank St property is $159,800.

What type of property is this?

The property 241 Bank St is a house located in Elkhart, Indiana, 46516.

Is this property for sale now?

Active Listing: 241 Bank St 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 $1,739 (source: MLS/based on county public records data).

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

The last sale was on April 7, 2020 for $100,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 241 Bank St has 2 bedrooms and 1 bathroom.

Which year was this property built?

The year of construction for 241 Bank St is 1924.

Rocket Homes›Indiana›Elkhart County›Elkhart›46516›241 Bank St

This home is located at 241 Bank St in Elkhart, IN and zip code 46516. This home was built in 1924. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since September 21, 2024 and is currently priced at $159,800.

Elkhart, IN housing market in October 2024 saw over 18 listings sold above listed price, more than 23 sold at listed price and over 26 sold below. The number of homes for sale in Elkhart, IN increased by 15.5% between September 2024 and October 2024.

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

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