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1639 Toledo Rd, Elkhart, IN, 46516

4beds
2baths
1,868sqft
$160,000
$86price/sqft
$1,327/moest. monthly cost
$53,080/yrincome needed

About This Home

Opportunity awaits with this spacious home situated on a generous 0.45-acre lot in Elkhart! It offers great potential for buyers looking to add their personal touch and build equity. Features include a detached 2-car garage, a newer AC unit that's only 3 years old, and plenty of outdoor space for entertaining, gardening, or future improvements. With solid bones, a large yard, and endless possibilities, this property is ready for its next owner to make it their own. Schedule your showing today!

Getting Around

35
WalkingCar-Dependent
0
TransitVery Limited Transit
57
BikeBikeable

Schools

5/10
4/10

Construction

Condition

  • Year built: 1868

Materials

  • Construction materials: Asphalt,Vinyl Siding

Type & Style

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

Interior

Appliances

  • Appliances included: Gas Range

Basement

  • Has basement: Yes
  • Basement: Partial,Block

Bedroom1

  • Level: Main

Bedroom2

  • Level: Upper

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bedrooms: 1

Features

  • Finished area below ground: 0
  • Finished area above ground: 1,868

Heating & Cooling

  • Heating features: Conventional
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,875
  • Total interior livable area: 1,868 sqft

Property

Details

  • Parcel number: 200610176002.000009

Features

  • Levels: Two
  • Stories: 2

Lot

  • Lot size: 0.45 Acres
  • Features: 0-2.9999
  • Lot size dimensions: 78X270

Parking

  • Total spaces: 2
  • Parking features: Detached
  • 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
  • Tornado
    TornadoRelatively High
  • Hail
    HailModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Strong Wind
Tornado
Hail
Inland Flooding
Lightning
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 $809$9,708
Home Insurance *$118$1,416
Property Taxes $216$2,592
Electricity $184$2,212
Total$1,327$15,924
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$45,497/yr
40% on housing$39,810/yr
45% on housing$35,386/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

$86This listing

vs Other Active Listings

Avg $/sqft

ZIP 46516$127
Elkhart County$145

vs Homes Sold Last Month

Median $/sqft

ZIP 46516$126
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)

No zestimate history available

Price History

DateEventPrice
2026-08-13Price change$155,000
2026-06-14Listed for sale$160,000
2012-05-10Listing removed$25,900
2012-05-05Price change$25,900
2012-04-25Listed for sale--
2012-03-19Sold$60,435

For Sale by Agent

AgentAmerica Martinez
BrokerageCressy & Everett- Elkhart

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