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232 Waterfall Dr; Elkhart, IN Property Details

232 Waterfall Dr, Elkhart, IN is a Commercial Office that was built in 1985. This property is currently Financed and is not for sale. Our records show that 232 Waterfall Dr has 3 bathrooms, and a total of 23,180 square feet. The lot size of 232 Waterfall Dr is 150,326 square feet.

For Rent
232 Waterfall Dr Elkhart, IN 46516
$8 Listing Price
3 Baths
23,180 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1985
  • Purchase Price: $1,596,000
  • Open Loans / Balance: 1 / $1,018,541
  • APN: 20-06-05-480-032.000-012
  • Situs County: Elkhart
  • Length Of Ownership: 8 years, 5 months

Rooms

  • Bathrooms: 3

Structure

  • Building Style: Concrete
  • Stories: 2
  • Exterior Wall Type: Concrete Block
  • Building Condition: Average
  • Building Quality: C
  • Sewer Type: Yes
  • Water Source: Yes
  • Deck: true

Measurements

  • Total: 23,180/SqFt
  • Lot: 150,326/SqFt
  • Gross: 23,180/SqFt
  • Living: 23,180/SqFt
  • Building: 23,180/SqFt
  • Ground: 15,550/SqFt
  • Price Per Square Foot: $68.85

Legal Description

  • Description: PT N1/2 E1/2 SE1/4 SEC 5 & PT N1/2 W1/2 SW1/4 EX .039A ROW SEC 4 & E1/2 VAC PRAIRIE ST ADJ W SIDE (TIF 75) 3.451A
Building Insights

Land Information

  • Property Type: Commercial Office
  • Within Flood Zone: True
  • Flood Zone: AE / High Risk
  • School District: Elkhart Community Schools
  • Lat / Lon: 41.685467 / -85.96625
  • Property Class: Office
  • Zoning: ZO01
  • County Use Code: 447

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 3668
  • Cooling: Yes
  • Garage: Garage
  • Heating: Yes

Ownership Info

232 Waterfall Dr has no associated ownership info
232 Waterfall Dr has no associated ownership info.

Taxes

232 Waterfall Dr has 10 associated Taxes items

232 Waterfall Dr, Elkhart, IN pays taxes in Elkhart County, IN. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $1,414,600. The APN we've located for 232 Waterfall Dr is 20-06-05-480-032.000-012.

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Taxes
  • Assessed Value:  $1,414,600
  • Assessed Year:  2025
  • Assessed County:  Elkhart
  • APN:  20-06-05-480-032.000-012
  • Assessed Land Value:  241600
  • Market Land Value:  241600
  • Tax Amount:  42398.82
  • Tax Year:  2024
  • Market Value:  1414600
  • Market Year:  2025

Tax History

232 Waterfall Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $1,414,600 Land Value $241,600 Improvement Value $1,173,000 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $1,394,500 Land Value $241,600 Improvement Value $1,152,900 Tax Amount $42,398.82 Change Rate +0.165598% Assessed CR Tax Rate +0.030404%
Year 2023 Assessed Value Land Value Improvement Value Tax Amount $36,375.18 Change Rate -0.001019% Assessed CR Tax Rate
Year 2022 Assessed Value $1,194,800 Land Value $241,600 Improvement Value $953,200 Tax Amount $36,412.28 Change Rate -0.071084% Assessed CR Tax Rate +0.030476%
Year 2021 Assessed Value $1,297,400 Land Value $241,600 Improvement Value $1,055,800 Tax Amount $39,198.66 Change Rate Assessed CR Tax Rate +0.030213%
Year 2020 Assessed Value $1,240,700 Land Value $241,600 Improvement Value $999,100 Tax Amount $39,198.66 Change Rate +0.492437% Assessed CR Tax Rate +0.031594%
Year 2019 Assessed Value $833,700 Land Value $241,600 Improvement Value $592,100 Tax Amount $26,264.86 Change Rate -0.105857% Assessed CR Tax Rate +0.031504%
Year 2018 Assessed Value $928,100 Land Value $241,600 Improvement Value $686,500 Tax Amount $29,374.34 Change Rate +0.040265% Assessed CR Tax Rate +0.03165%
Year 2017 Assessed Value $890,600 Land Value $241,600 Improvement Value $649,000 Tax Amount $28,237.36 Change Rate -0.134413% Assessed CR Tax Rate +0.031706%
Year 2016 Assessed Value $947,300 Land Value $241,600 Improvement Value $705,700 Tax Amount $32,622.22 Change Rate +0.04155% Assessed CR Tax Rate +0.034437%
Year 2014 Assessed Value $1,000,100 Land Value $241,600 Improvement Value $758,500 Tax Amount $31,320.84 Change Rate +0.065553% Assessed CR Tax Rate +0.031318%
Year 2013 Assessed Value $979,800 Land Value $241,600 Improvement Value $738,200 Tax Amount $29,393.98 Change Rate Assessed CR Tax Rate +0.03%