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516 Monroe Ct; Elkhart, IN Property Details

516 Monroe Ct, Elkhart, IN is a Single Family that was built in 1920. This property is currently a cash purchase and is not for sale. Our records show that 516 Monroe Ct has 3 bedrooms, and 1 bathroom, and a total of 1,196 square feet. The lot size of 516 Monroe Ct is 5,053 square feet.

Off market
516 Monroe Ct Elkhart, IN 46516
$138,300 Estimated Value
3 Beds
1 Baths
1,196 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1920
  • Purchase Price: $16,500
  • Est. Equity / %: $149,000 / 100%
  • Gross Yield: 11.195%
  • APN: 20-06-04-363-003.000-012
  • Situs County: Elkhart
  • Length Of Ownership: 15 years, 6 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 9

Structure

  • Building Style: Frame
  • Stories: 2
  • Exterior Wall Type: Siding (Alum/Vinyl)
  • Building Condition: Average
  • Building Quality: D
  • Roof Type: Gable
  • Roof Cover Type: Asphalt
  • Sewer Type: Yes
  • Water Source: Yes
  • Deck: true

Measurements

  • Total: 1,196/SqFt
  • Lot: 5,053/SqFt
  • Gross: 1,664/SqFt
  • Garage: 672/SqFt
  • Living: 1,196/SqFt
  • Basement: 468/SqFt
  • Building: 1,664/SqFt
  • Ground: 1,196/SqFt
  • Price Per Square Foot: $13.80

Legal Description

  • Description: LUKES S D BEESONS 85-86-87 LOT 4 (TIF 110)
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Elkhart Community Schools
  • Lat / Lon: 41.682594 / -85.961945
  • Subdivision: Beesons
  • Property Class: Residential
  • County Use Code: 510

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 3721
  • Bathroom Fixtures: 5
  • Cooling: Central
  • Garage: Detached Garage
  • Heating: Central
  • Parking: 2

Ownership Info

516 Monroe Ct has no associated ownership info
516 Monroe Ct has no associated ownership info.

Taxes

516 Monroe Ct has 10 associated Taxes items

516 Monroe Ct, 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 $138,300. The APN we've located for 516 Monroe Ct is 20-06-04-363-003.000-012.

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Taxes
  • Assessed Value:  $138,300
  • Assessed Year:  2025
  • Assessed County:  Elkhart
  • APN:  20-06-04-363-003.000-012
  • Assessed Land Value:  13300
  • Market Land Value:  13300
  • Tax Amount:  1020.3
  • Tax Year:  2024
  • Market Value:  138300
  • Market Year:  2025

Tax History

516 Monroe Ct has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $138,300 Land Value $13,300 Improvement Value $125,000 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $99,400 Land Value $13,300 Improvement Value $86,100 Tax Amount $1,020.3 Change Rate -0.487145% Assessed CR Tax Rate +0.010265%
Year 2023 Assessed Value Land Value Improvement Value Tax Amount $1,989.45 Change Rate +0.966948% Assessed CR Tax Rate
Year 2022 Assessed Value $98,700 Land Value $13,300 Improvement Value $85,400 Tax Amount $1,011.44 Change Rate +0.195527% Assessed CR Tax Rate +0.010248%
Year 2021 Assessed Value $92,200 Land Value $13,300 Improvement Value $78,900 Tax Amount $846.02 Change Rate Assessed CR Tax Rate +0.009176%
Year 2020 Assessed Value $82,700 Land Value $13,300 Improvement Value $69,400 Tax Amount $846.02 Change Rate +0.251398% Assessed CR Tax Rate +0.01023%
Year 2019 Assessed Value $75,000 Land Value $13,300 Improvement Value $61,700 Tax Amount $676.06 Change Rate +0.054104% Assessed CR Tax Rate +0.009014%
Year 2018 Assessed Value $69,700 Land Value $13,300 Improvement Value $56,400 Tax Amount $641.36 Change Rate -0.000841% Assessed CR Tax Rate +0.009202%
Year 2017 Assessed Value $67,000 Land Value $13,300 Improvement Value $53,700 Tax Amount $641.9 Change Rate +0.088151% Assessed CR Tax Rate +0.009581%
Year 2016 Assessed Value $64,800 Land Value $13,300 Improvement Value $51,500 Tax Amount $589.9 Change Rate -0.013677% Assessed CR Tax Rate +0.009103%
Year 2014 Assessed Value $63,100 Land Value $13,300 Improvement Value $49,800 Tax Amount $598.08 Change Rate -0.08832% Assessed CR Tax Rate +0.009478%
Year 2013 Assessed Value $66,700 Land Value $13,300 Improvement Value $53,400 Tax Amount $656.02 Change Rate Assessed CR Tax Rate +0.009835%