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51760 Downey St, Elkhart, IN, 46514

3beds
2baths
1,248sqft
$180,000
$144price/sqft
$1,286/moest. monthly cost
$51,440/yrincome needed

About This Home

Well-maintained home located just minutes from Simonton Lake and convenient Elkhart amenities. This property offers a comfortable and functional layout, featuring a private primary bedroom set apart from the additional bedrooms for added privacy. The two secondary bedrooms are generously sized. The home includes an attached two-car garage for secure parking and extra storage. Outdoors, the spacious backyard offers excellent potential for gardening, recreation, or future projects. With solid overall condition and a desirable location near the lake, this property provides a great opportunity for anyone seeking a well-kept home with room to personalize. Sold AS-IS.

Getting Around

3
WalkingCar-Dependent
0
TransitVery Limited Transit
26
BikeSomewhat Bikeable

Schools

5/10
Feeser Elementary SchoolGrades PK-61.1 mi
2/10
North Side Middle SchoolGrades 7-82.9 mi
2/10
Elkhart High SchoolGrades 9-124.2 mi

Construction

Condition

  • Year built: 2002

Materials

  • Foundation: Slab
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: MobileManufactured
  • Property subType: Manufactured Home

Interior

Bedroom1

  • Level: Main

Bedroom2

  • Level: Main

Bedrooms & Bathrooms

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

Features

  • Finished area below ground: 0
  • Finished area above ground: 1,248

Heating & Cooling

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

Interior Area

  • Total structure area: 1,728
  • Total interior livable area: 1,248 sqft

Property

Details

  • Parcel number: 200216378051.000026

Features

  • Levels: One
  • Stories: 1

Lot

  • Lot size: 0.35 Acres
  • Features: Other
  • Lot size dimensions: 90X170

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 WaveModerate
  • Hail
    HailModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Hail
Strong Wind
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 $910$10,920
Home Insurance *$95$1,140
Property Taxes $97$1,164
Electricity $184$2,212
Total$1,286$15,432
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$44,091/yr
40% on housing$38,580/yr
45% on housing$34,293/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

$144This listing

vs Other Active Listings

Avg $/sqft

ZIP 46514$143
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)

Price History

DateEventPrice
2026-06-02Listed for sale$180,000
2020-09-15Sold$120,000
2020-09-02Listed for sale$124,900
2020-09-02Pending sale$124,900
2020-07-31Listing removed$124,900
2020-07-01Listed for sale$124,900
2016-10-10Sold$97,850

For Sale by Agent

AgentFranz D Gonzalez
BrokerageRE/MAX Results The Viruez Team

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