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1209 Magnolia Ave, Elkhart, IN, 46514

2beds
1baths
1,055sqft
$129,900
$123price/sqft
$1,003/moest. monthly cost
$40,120/yrincome needed

About This Home

Welcome to this charming and affordable home located in a sought-after Elkhart, Indiana! This cozy residence offers a spacious living room filled with natural light from numerous windows and features a beautiful centerpiece fireplace, perfect for relaxing or entertaining guests. The kitchen is equipped with plenty of cabinets and generous countertop space, making meal preparation enjoyable and efficient. The home boasts a well-designed floor plan that includes a full bathroom and laundry area conveniently situated on the main floor. There is one comfortable bedroom on the main level, while a large second bedroom awaits upstairs for privacy and comfort. The full basement presents a blank slate—ideal for additional storage, creating a fun recreational area, or finishing it off to expand your living space to suit your needs. Essential for many buyers, this property includes a must-have 2-car garage for your vehicles and extra storage. Enjoy the peacefulness of a quiet, private backyard, providing a perfect outdoor retreat. Don’t miss this opportunity to own a delightful home in a popular Elkhart community at an affordable price point! Seller prefers to sell AS-IS

Getting Around

50
WalkingCar-Dependent
0
TransitVery Limited Transit
40
BikeSomewhat Bikeable

Schools

4/10
2/10
North Side Middle SchoolGrades 7-80.5 mi
2/10
Elkhart High SchoolGrades 9-121.6 mi

Construction

Condition

  • Year built: 1930

Materials

  • Roof: Shingle
  • Construction materials: Vinyl Siding

Type & Style

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

Interior

Basement

  • Has basement: Yes
  • Basement: Full,Unfinished

Bedroom1

  • Level: Main

Bedroom2

  • Level: Upper

Bedrooms & Bathrooms

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

Features

  • Flooring: Carpet,Vinyl
  • Fireplace features: Living Room
  • Finished area below ground: 0
  • Finished area above ground: 1,055

Heating & Cooling

  • Heating features: Electric,Baseboard
  • Cooling features: Window Unit(s)

Interior Area

  • Total structure area: 1,835
  • Total interior livable area: 1,055 sqft

Kitchen

  • Level: Main
  • Area: 126

Living Room

  • Level: Main
  • Area: 390

Property

Details

  • Parcel number: 200232306017.000027
  • Zoning: R-1

Features

  • Levels: One and One Half
  • Stories: 1
  • Fencing: Privacy,Wood

Lot

  • Lot size: 6,969 sqft
  • Features: 0-2.9999,City/Town/Suburb
  • Lot size dimensions: 53X132

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
  • Inland Flooding
    Inland FloodingRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Hail
    HailModerate
  • Lightning
    LightningModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Inland Flooding
Strong Wind
Hail
Lightning
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 $656$7,872
Home Insurance *$68$816
Property Taxes $95$1,140
Electricity $184$2,212
Total$1,003$12,036
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$34,388/yr
40% on housing$30,090/yr
45% on housing$26,746/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

$123This listing

vs Other Active Listings

Avg $/sqft

ZIP 46514$144
Elkhart County$145

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)

No zestimate history available

Price History

DateEventPrice
2026-08-13Pending sale$127,900
2026-08-07Price change$127,900
2026-07-21Listed for sale$129,900
2026-07-17Pending sale$129,900
2026-07-14Price change$129,900
2026-07-09Listed for sale$139,900
2026-06-19Sold$83,000
2018-07-11Sold$97,500
2018-06-04Listed for sale$97,500
2011-05-04Listing removed$69,900
2011-03-12Listed for sale$69,900
2011-03-07Sold$18,502
2010-12-20Listed for sale$15,900
2010-11-30Sold$33,000

For Sale by Agent

AgentBrad Beer
BrokerageHeart City Realty LLC

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