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2509 Timberstone Dr, Elkhart, IN, 46514

3beds
2baths
1,394sqft
$399,900
$287price/sqft
$2,696/moest. monthly cost
$107,840/yrincome needed

About This Home

Come see this beautifully maintained 3-bedroom, 2-bath home in Timberstone Subdivision built in 2021. The open-concept layout is ideal for both everyday living and entertaining, with a stylish kitchen featuring a generous island, ample storage, and a seamless flow into the living room and dining area. The spacious primary suite offers a walk-in closet and en-suite full bathroom, while second and third bedrooms, second full bath, and laundry room are also conveniently located on the main level. The lower unfinished but framed basement is an open canvas for additional living space with an egress window plus additional storage space. Step outside to the cemented and covered patio area perfect for morning coffee or evening relaxation with an electric fire pit. This move-in-ready home offers the perfect blend of style, function, and charm. Close to shopping and entertainment and is conveniently located near County Road 17 and the toll road. Schedule your showing today!

Getting Around

3
WalkingCar-Dependent
0
TransitVery Limited Transit
35
BikeSomewhat Bikeable

Schools

3/10
4/10
2/10
Elkhart High SchoolGrades 9-126.1 mi

Construction

Condition

  • Year built: 2021

Materials

  • Construction materials: Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Microwave,Refrigerator,Washer,Dryer-Gas,Gas Range

Basement

  • Has basement: Yes
  • Basement: Unfinished

Bedroom1

  • Level: Main

Bedroom2

  • Level: Main

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bedrooms: 3

Dining Room

  • Level: Main
  • Area: 99

Features

  • Finished area below ground: 0
  • Finished area above ground: 1,394

Heating & Cooling

  • Heating features: Conventional,Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,788
  • Total interior livable area: 1,394 sqft

Kitchen

  • Level: Main
  • Area: 110

Living Room

  • Level: Main
  • Area: 294

Property

Details

  • Parcel number: 200225176028.000027

Features

  • Levels: One
  • Stories: 1

Lot

  • Lot size: 0.28 Acres
  • Features: Cul-De-Sac,0-2.9999
  • Lot size dimensions: 60x202

Parking

  • Total spaces: 2
  • Parking features: Attached
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Hail
    HailModerate
  • Inland Flooding
    Inland FloodingModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Strong Wind
Hail
Inland Flooding
Tornado
Winter Weather

FEMA Declared Disasters Across Indiana Counties

Flood
Snowstorm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,022$24,264
Home Insurance *$211$2,532
Property Taxes $279$3,348
Electricity $184$2,212
Total$2,696$32,352
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$92,434/yr
40% on housing$80,880/yr
45% on housing$71,893/yr

Indiana FAIR Plan Programs

Indiana Basic Property Insurance Underwriting Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 810Commercial: 30
Total Premiums$1.77M
Total Exposure$1.82M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.5%
8.5%
0%30.0%
Electricity Growth Rate10-year average: 6.1%
6.1%
0%15.0%
Property Taxes Growth Rate2-year average: 4.6%
4.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$287This listing

vs Other Active Listings

Avg $/sqft

ZIP 46514$142
Elkhart County$144

vs Homes Sold Last Month

Median $/sqft

ZIP 46514$134
Elkhart County$136

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-21Price change$414,900
2026-04-08Price change$424,900
2026-03-27Listed for sale$429,900
2021-06-21Sold$23,500
2021-06-08Pending sale$25,000
2021-06-01Listed for sale$25,000
2019-12-09Listing removed$25,000
2019-08-24Price change$25,000
2019-07-23Price change$26,000
2019-06-06Price change$27,000
2019-05-08Price change$28,000
2019-03-13Listed for sale$30,000

For Sale by Agent

AgentLiliana Ballge
BrokerageMcKinnies Realty, LLC Elkhart

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