510 W Lexington Ave, Elkhart, IN, 46516
About This Home
This home has been taken down to the studs and is ready for someone to bring it back to life. If you’ve been looking for a project with upside, this is one worth a look. There’s a solid amount of space to work with. The upper level offers 2 bedrooms connected by a Jack and Jill bathroom. On the main floor, you’ve got the footprint to create a living room, dining area, kitchen, bathroom, and even a primary suite depending on your layout. The basement adds approximately 1,000 sq ft, giving you even more room to expand your vision. Outside, the backyard has the space to be turned into something unique, perfect for entertaining or creating your own setup. A 2-car detached garage is already in place, with additional room for parking. If you’re an investor, builder, or someone not afraid to take on a project, this property offers a blank slate with strong potential. Cash only.
Getting Around
Somewhat Walkable
Very Limited Transit
BikeableSchools
Construction
Condition
- Year built: 1928
Materials
- Construction materials: Vinyl Siding
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Basement
- Has basement: Yes
- Basement: Full
Bedroom1
- Level: Main
Bedroom2
- Level: Upper
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bedrooms: 1
Features
- Number of fireplaces: 1
- Fireplace features: Vented
- Fireplace: Yes
- Finished area below ground: 0
- Finished area above ground: 1,558
Heating & Cooling
- Heating features: Forced Air
- Cooling features: None
Interior Area
- Total structure area: 2,540
- Total interior livable area: 1,558 sqft
Property
Details
- Parcel number: 200605333026.000012
Features
- Levels: Two
- Stories: 2
Lot
- Lot size: 4,356 sqft
- Features: Other
- Lot size dimensions: 33X129
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
- Strong Wind
How This Home’s Risks Compare
FEMA Declared Disasters Across Indiana Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $328 | $3,936 |
| Home Insurance * | $48 | $576 |
| Property Taxes | $30 | $360 |
| Electricity | $184 | $2,212 |
| Total | $590 | $7,080 |
Income You'd Need if You Spent...
Indiana FAIR Plan Programs
Indiana Basic Property Insurance Underwriting Association
Wildfire
HailWindHow 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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-30 | Listed for sale | $65,000 |
| 2024-10-15 | Sold | $45,000 |
| 2024-10-01 | Pending sale | $50,000 |
| 2024-08-23 | Listed for sale | $50,000 |
| 2022-12-07 | Sold | $32,500 |
| 2022-12-01 | Pending sale | $35,000 |
| 2022-11-17 | Listed for sale | $35,000 |
| 2021-04-29 | Sold | $45,500 |
| 2021-04-22 | Pending sale | $49,000 |
| 2021-02-08 | Listed for sale | $49,000 |
| 2021-01-18 | Listing removed | $59,000 |
| 2020-11-30 | Listed for sale | $59,000 |
| 2018-11-15 | Sold | $17,345 |
| 2012-12-03 | Sold | $20,000 |
| 2012-08-15 | Listing removed | $20,000 |
| 2012-06-21 | Price change | $20,000 |
| 2012-05-19 | Price change | $25,000 |
| 2012-05-07 | Listed for sale | $28,900 |
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