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Affordable Homes for Sale in Elkhart, IN under $173,000

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  • /6

    $100,000

    $50K PRICE DROP
    • Land
    • 5,227 Sq Ft
    • $833,333 per Acre

    326 W Franklin St, Elkhart, IN 46516

    CORNER LEVEL L SHAPED LOT CONSISTING OF 2 LOTS TOGETHER. THE PROPERTY IS JUST ON THE EDGE OF TOWN AND BORDERS FRANKLIN STREET TO THE SOUTH AND 4TH STREET TO THE WEST. GREAT OPPORTUNITY FOR A VARIETY OF BUSINESS IN THE EXPANDING DOWNTOWN ELKHART COMMERCIAL AND RETAIL AREA. SELLER WILL ALSO CONSIDER INCLUDING THE LARGE HOUSE ON FRANKLIN STREET IN THE SALE WITH THE VACANT LOTS.

    Agent Photo

    Dennis Bamber

    Cressy & Everett- Elkhart

    326 W Franklin St, Elkhart, IN 46516
  • /26

    $99,900

    • 6 Beds
    • 2.5 Baths
    • 2,268 Sq Ft

    201 N 2nd St, Elkhart, IN 46516

    Investment oportunity right in the heart of Elkhart. Property can be divided into different units. Cash only! Do not miss this oportunity to see this property!!

    Agent Photo

    Carlos Avelar

    Fenix Realty, LLC

    201 N 2nd St, Elkhart, IN 46516
  • /6

    $11,900

    • Land
    • 5,662 Sq Ft
    • $91,538 per Acre

    56532 Walter Ave, Elkhart, IN 46516

    Discover the perfect setting for your next home on this ready-to-build lot in Lake Shore Park. Tucked into an established Elkhart neighborhood, this residential lot offers a peaceful setting with mature trees in the back and the flexibility to create the home you’ve been planning. Located in the desirable Baugo Community Schools district, this property is a great opportunity for builders,

    Agent Photo

    Tim Burkey

    eXp Realty, LLC

    56532 Walter Ave, Elkhart, IN 46516
  • /5

    $94,900

    • 3 Beds
    • 2 Baths
    • 1,407 Sq Ft

    600 W Wolf Ave, Elkhart, IN 46516

    3-bedroom, 2-bathroom property offers a solid investment opportunity with long-term tenants already in place. The interior has recently received fresh paint, giving the home a clean and refreshed feel.

    Cyle Jaskolka Realty Group Resources

    600 W Wolf Ave, Elkhart, IN 46516
  • /14

    $79,900

    • 3 Beds
    • 2 Baths
    • 1,576 Sq Ft

    311 Hillside Ct, Elkhart, IN 46516

    Riverfront duplex with immediate income and serious upside. Set along the St. Joseph River, this property offers a rare blend of cash flow, flexibility, and location-driven appeal. One 1-bedroom, 1-bathroom unit is currently occupied, giving the next owner income from day one, while the vacant 2-bedroom, 1-bathroom unit creates an opportunity to place a new tenant, owner-occupy, or make strategic

    Stephen DiJulius St. Joseph Realty Group

    311 Hillside Ct, Elkhart, IN 46516
  • /5

    $44,999

    $5K PRICE DROP
    • Land
    • 39,204 Sq Ft
    • $49,999 per Acre

    27723 Plainfield Dr, Elkhart, IN 46514

    Nearly 1 acre (.90 acre) residential lot with mature trees, existing driveway, and foundation from a previous structure. Seller has limited knowledge of prior improvements as they were not the owner at that time. Property sold as-is. Buyer to verify lot size, foundation condition, taxes , utilities, and building requirements.

    Leah Sarber RE/MAX 100 Elkhart

    27723 Plainfield Dr, Elkhart, IN 46514
  • /2

    $115,000

    $30K PRICE INCREASE
    • Land
    • 24,393 Sq Ft
    • $205,357 per Acre

    924 Parkway Ave, Elkhart, IN 46516

    Lot 2, 3 and 4 are available. Lots are priced at $115,000 and located within the Parkway development. Zoned B-3. Retention area is already built on the rear of the lot. Owner will also build to suit or build to lease. Broker Owned

    Josh Hendricks Creekstone Realty

    924 Parkway Ave, Elkhart, IN 46516
  • /2

    $95,000

    • Land
    • 5.73 Acres
    • $16,594 per Acre

    County Road 9th St, Elkhart, IN 46517

    Beautiful vacant rural parcel with agricultural use and residential building rights. Dream-home ready! Flat, cleared, tillable ground in a quiet country setting yet only minutes from CR-20, shopping, schools, hospitals, and employers. Bring your own builder. Highly desirable central location with quick access to everything. Rare opportunity to own peaceful acreage that’s still close to town.

    Abel Garcia RE/MAX Results The Viruez Team

    County Road 9th St, Elkhart, IN 46517
  • /11

    $150,000

    • Land
    • 6.5 Acres
    • $23,077 per Acre

    00 State Line Rd, Elkhart, IN 46514

    Buildable 6.5 acres two parcels can sell together or separate 3.25 each Near County Road 6 shopping plaza

    America Martinez Cressy & Everett- Elkhart

    00 State Line Rd, Elkhart, IN 46514
  • /2

    $115,000

    $30K PRICE INCREASE
    • Land
    • 24,393 Sq Ft
    • $205,357 per Acre

    928 Parkway Ave, Elkhart, IN 46516

    Lot 2, 3 and 4 are available. Lots are priced at $115,000 and located within the Parkway development. Zoned B-3. Retention area is already built on the rear of the lot. Owner will also build to suit or build to lease. Broker Owned

    Josh Hendricks Creekstone Realty

    928 Parkway Ave, Elkhart, IN 46516
  • /29

    $145,000

    Open Sat 11AM - 1PM
    • 2 Beds
    • 1 Bath
    • 684 Sq Ft

    1830 Huron St, Elkhart, IN 46516

    Welcome to this charming bungalow offering comfortable one-level living! This well-maintained 2-bedroom, 1-bath home features a welcoming covered front porch, a spacious living room, and an eat-in kitchen The main-level laundry adds everyday convenience, with additional laundry hookups available in the basement . The full basement provides excellent storage and future possibilities. Enjoy the

    Leah Sarber RE/MAX 100 Elkhart

    1830 Huron St, Elkhart, IN 46516
  • /2

    $115,000

    $30K PRICE INCREASE
    • Land
    • 23,086 Sq Ft
    • $216,981 per Acre

    920 Parkway Ave, Elkhart, IN 46516

    Lot 2, 3 and 4 are available. Lots are priced at $115,000 and located within the Parkway development. Zoned B-3. Retention area is already built on the rear of the lot. Owner will also build to suit or build to lease. Broker Owned

    Josh Hendricks Creekstone Realty

    920 Parkway Ave, Elkhart, IN 46516
  • /2

    $49,900

    • Land
    • 18,730 Sq Ft
    • $116,047 per Acre

    0 Oak Ridge Dr, Elkhart, IN 46517

    .433 Acre Lot in Bent Oak. One of the last lots left in this great golf course centered subdivision.

    Cory White Realty Group Resources

    0 Oak Ridge Dr, Elkhart, IN 46517
  • /11

    $118,500

    $2K PRICE DROP
    • 2 Beds
    • 1 Bath
    • 866 Sq Ft

    1500 W Lexington Ave, Elkhart, IN 46514

    Tenant-occupied investment opportunity in Elkhart! This single-family home offers immediate rental income with an established tenant already in place. Property features spacious living areas, functional layout, and convenient location near shopping, schools, and major roadways. Great opportunity for investors looking to expand their portfolio or add a cash-flowing property. Please allow notice

    Michelle Bordeau SUNRISE Realty

    1500 W Lexington Ave, Elkhart, IN 46514
  • /3

    $51,500

    • Land
    • 1.28 Acres
    • $40,234 per Acre

    27911 Plainfield Dr, Elkhart, IN 46514

    Dream home opportunity awaits! 1.3-acre vacant lot in the county, zoned residential and primed for your custom build. Perfect for constructing your ideal residence or utilizing for secure storage needs. Public water hookup available right at Plainfield Drive — no well required in this area. Septic system will need county approval and permitting prior to installation. Bring your plans and start

    Abel Garcia RE/MAX Results The Viruez Team

    27911 Plainfield Dr, Elkhart, IN 46514
  • /22

    $159,900

    • 3 Beds
    • 1 Bath
    • 990 Sq Ft

    503 Sunset Ave, Elkhart, IN 46514

    Charming 3 bedroom home with full basement, garage and private back yard. Newer mechanicals.

    David Miller Berkshire Hathaway HomeServices Elkhart

    503 Sunset Ave, Elkhart, IN 46514
  • /12

    $166,500

    • Land
    • 3.3 Acres
    • $50,455 per Acre

    0 County Road 1 Unit 202605906, Elkhart, IN 46517

    3.3 residential parcel located in desirable Baugo Township. Enjoy the privacy and space of country living while remaining just minutes away from Granger and Mishawaka conveniences. Road frontage provides easy access. Property will require clearing and installation of well and septic. No HOA restrictions. Buyer to verify septic suitability, building requirements, and intended use. Excellent

    Michelle Bordeau SUNRISE Realty

    0 County Road 1 Unit 202605906, Elkhart, IN 46517
  • /19

    $145,000

    • 3 Beds
    • 1 Bath
    • 768 Sq Ft

    162 Joyce Ct, Elkhart, IN 46516

    Charming 3 Bed 1 Bath bungalow on a corner lot in the desireable East Jackson neighborhood. A covered porch connects the home to the detached 2 stall garage, that provides additional parking and storage. A little TLC will make this house a lovely home. Home offered "as is".

    Michele Mathewson Berkshire Hathaway HomeServices Elkhart

    162 Joyce Ct, Elkhart, IN 46516
  • /8

    $120,000

    • 5 Beds
    • 1 Bath
    • 1,752 Sq Ft

    1154 Edwardsburg Ave, Elkhart, IN 46514

    *Investor Alert* *Motivated Seller!** All offers are welcome. ** Discover the potential at 1154 Edwardsburg in Elkhart. A 5-bedroom, 1-bath home with a spacious 2-car garage, offering strong value for investors and homeowners alike. Whether youre looking to renovate it into your primary residence or add a solid rental to your portfolio, this property delivers flexibility and opportunity. With

    Franz Gonzalez RE/MAX Results The Viruez Team

    1154 Edwardsburg Ave, Elkhart, IN 46514
  • /3

    $24,900

    • Land
    • 4,356 Sq Ft
    • $249,000 per Acre

    Lot 66 & 67 S Main St, Elkhart, IN 46517

    Nearly a quarter acre of opportunity awaits with these two vacant lots sold together. Offering exceptional flexibility for builders, investors, or anyone looking to create something remarkable. Approved for residential and can be converted to commercial use, the property supports a single-family home, multifamily development up to 6 units, or a wide range of possibilities. Set in a prime location

    Maria Carranza Berkshire Hathaway HomeServices Elkhart

    Lot 66 & 67 S Main St, Elkhart, IN 46517
  • /5

    $45,000

    • Land
    • 27,878 Sq Ft
    • $70,312 per Acre

    25606 Modrell Ave, Elkhart, IN 46514

    Build your dream home on these two buildable vacant lots being sold together, offering a combined 0.64 acres in a quiet county neighborhood close to city amenities. With no covenants or restrictions, you'll have the flexibility to build the home that fits your vision. Enjoy the convenience of a neighborhood setting with the freedom to create your own space. Whether you're ready to build now or

    Amanda Ledbetter Rooted Realty

    25606 Modrell Ave, Elkhart, IN 46514
  • /31

    $111,599

    $5K PRICE DROP
    • 3 Beds
    • 1 Bath
    • 1,190 Sq Ft

    619 W Indiana Ave, Elkhart, IN 46516

    Back on market no fault of seller. Spacious 3-bedroom, 1-bath home offering 1,190 sq ft of comfortable living space! Now vacant and ready for immediate occupancy, this property is perfect for an owner-occupant looking to make it their own. Features a functional layout with spacious living areas and great natural light throughout. The large backyard provides plenty of room for entertaining,

    Michelle Bordeau SUNRISE Realty

    619 W Indiana Ave, Elkhart, IN 46516
  • /7

    $125,000

    • 2 Beds
    • 1 Bath
    • 793 Sq Ft

    2537 Middlebury St, Elkhart, IN 46516

    Investment opportunity! This home is located on Middlebury St and zoned M1. It has a one car garage and a large pole building. Come see it for yourself today! Selling as-is

    Jill Lebbin Berkshire Hathaway HomeServices Northern Indiana Real Estate

    2537 Middlebury St, Elkhart, IN 46516
  • /6

    $14,900

    • Land
    • 5,662 Sq Ft
    • $114,615 per Acre

    1236 Waurika St, Elkhart, IN 46516

    Buildable 0.13-acre lot conveniently located near shopping, restaurants, schools, and other local amenities. Great opportunity for a primary residence or investment property. Easy access to main roads and daily conveniences.

    Perla Vilchez McKinnies Realty, LLC Elkhart

    1236 Waurika St, Elkhart, IN 46516
  • /16

    $139,900

    • 2 Beds
    • 1 Bath
    • 725 Sq Ft

    1309 Wood St, Elkhart, IN 46516

    Riverview Elementary 2 bed 1 bath home, great starter home or home to downsize to. Bedrooms have built in dressers, full basement, carport, shed.

    Andrew Myers Myers Trust Real Estate

    1309 Wood St, Elkhart, IN 46516
  • /10

    $41,900

    $7K PRICE DROP
    • Land
    • 22,651 Sq Ft
    • $80,577 per Acre

    lot 2 Waters Edge Dr, Elkhart, IN 46514

    Kevin Foy RE/MAX Oak Crest - Elkhart

    lot 2 Waters Edge Dr, Elkhart, IN 46514
  • /25

    $164,900

    • 3 Beds
    • 1.5 Baths
    • 2,081 Sq Ft

    614 W Beardsley Ave, Elkhart, IN 46514

    Welcome to this charming historic home conveniently located near downtown and the renowned Riverwalk! Full of character and original woodwork, this three-bedroom, one-and-a-half-bath home offers a great opportunity for someone looking to bring their vision and a little sweat equity to a property with plenty of potential. Vinyl plank flooring runs throughout most of the home, and the spacious

    Jennea Schirr McKinnies Realty, LLC Elkhart

    614 W Beardsley Ave, Elkhart, IN 46514
  • /38

    $155,000

    $5K PRICE DROP
    • 4 Beds
    • 2 Baths
    • 1,868 Sq Ft

    1639 Toledo Rd, Elkhart, IN 46516

    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

    America Martinez Cressy & Everett- Elkhart

    1639 Toledo Rd, Elkhart, IN 46516
  • /34

    $155,000

    • 3 Beds
    • 1.5 Baths
    • 1,556 Sq Ft

    1319 W Franklin St, Elkhart, IN 46516

    Welcome to this charming 3-bedroom, 1.5-bath home full of character and potential . Hardwood floors on the main level featuring a spacious living room, formal dining room & a kitchen . This home offers a great opportunity to restore its charm. The home needs some TLC, it has great bones and plenty of potential for homeowners or investors Conveniently located near schools, parks, shopping, and

    Leah Sarber RE/MAX 100 Elkhart

    1319 W Franklin St, Elkhart, IN 46516
  • /8

    $172,000

    • 4 Beds
    • 2 Baths
    • 2,810 Sq Ft

    520 Virginia Ave, Elkhart, IN 46516

    Large house on over-sized private lot fenced in with mature trees. Spacious kitchen and living areas with 1 bedroom on first floor and 3 bedrooms on second floor with bathrooms on each floor. Dining area with easy access sliding glass door to shaded back yard. Pet friendly. Plumbing, electric, furnace and roof have all been reworked within the last 1 to 10 years. New hot water heater. New

    Joshua Vida Paradigm Realty Solutions

    520 Virginia Ave, Elkhart, IN 46516
  • /21

    $145,000

    $25K PRICE DROP
    • 3 Beds
    • 1 Bath
    • 1,390 Sq Ft

    1138 Cedar St, Elkhart, IN 46514

    ***Improved Price*** Chaming and full of potential. This 3-4 bedroom, 1 bath, 2 story home sits on a desirable corner lot offering classic curb appeal with a front covered porch and privacy fenced backyard. Inside you will find a main level laundry and flexible living spaces. Enjoy peace of mind with some major updates already completed, including a new roof/gutters, furnace (2021) and water

    Michele Mathewson Berkshire Hathaway HomeServices Elkhart

    1138 Cedar St, Elkhart, IN 46514
  • /15

    $67,500

    $8K PRICE DROP
    • 4 Beds
    • 1 Bath
    • 1,632 Sq Ft

    154 N 6th St, Elkhart, IN 46516

    *Seller willing to sell on land contract* Check out this 4-bedroom 1-bathroom house. Just minutes from downtown Elkhart, with shops, restaurants, parks, and entertainment just around the corner, this home is ideal for anyone looking to be close to the action while still enjoying a quiet neighborhood feel. Don’t miss your chance to make it yours! See agent remarks

    Jarred Moen eXp Realty, LLC

    154 N 6th St, Elkhart, IN 46516
  • /3

    $99,900

    • 2 Beds
    • 1 Bath
    • 1,488 Sq Ft

    313 S Shore Dr, Elkhart, IN 46516

    Great investment opportunity This property offers the potential for both immediate rental income and future possibilities, featuring long-term tenants who provide an established rental history of 26 yrs. Also including an attached vacant lot next to the river! Buyer and buyer's agent to verify room sizes, square footage, taxes and schools.

    Cyle Jaskolka Realty Group Resources

    313 S Shore Dr, Elkhart, IN 46516
  • /17

    $129,900

    • 3 Beds
    • 1 Bath
    • 1,424 Sq Ft

    1007 Mason St, Elkhart, IN 46516

    Step into this freshly updated three-bedroom home featuring new flooring, carpet, and paint throughout. Ideally located near downtown Elkhart, you’re just minutes from the Riverwalk, Aquatic Center, parks, dining, and shopping. The generous eat-in kitchen includes a gas range, refrigerator, and walk-in pantry, with the added convenience of main-level laundry. A flexible bonus room off the living

    Heidi Gaskill Berkshire Hathaway HomeServices Elkhart

    1007 Mason St, Elkhart, IN 46516
  • /2

    $14,900

    $5K PRICE DROP
    • Land
    • 5,662 Sq Ft
    • $114,615 per Acre

    VL Mather Ave, Elkhart, IN 46517

    Thinking about building but don’t want the hassle of a well and septic? Tired of restrictive HOA rules and regulations? This in-city lot could be exactly what you’ve been waiting for. Featuring city water and sewer, paved streets, and sidewalks, this property offers the convenience and peace of mind you’ve been looking for. With no HOA to worry about, you’re free to bring your vision to life and

    Jennea Schirr McKinnies Realty, LLC Elkhart

    VL Mather Ave, Elkhart, IN 46517
  • /33

    $159,900

    • 2 Beds
    • 1 Bath
    • 1,008 Sq Ft

    1460 Hudson St, Elkhart, IN 46516

    Welcome to this beautifully updated waterfront home, where low-maintenance living meets stunning natural beauty. This 2-bedroom, 1-bath home also features a versatile loft space — perfect for a home office, reading nook, or guest retreat. You will love the charming courtyard entry that welcomes you home, while inside, easy-care finishes mean more time to enjoy the view and less time on upkeep.

    Brandilyn Millslagle Realty Group Resources

    1460 Hudson St, Elkhart, IN 46516
  • /2

    $65,000

    • 3 Beds
    • 2 Baths
    • 1,558 Sq Ft

    510 W Lexington Ave, Elkhart, IN 46516

    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

    Jose Ramirez Berkshire Hathaway HomeServices Elkhart

    510 W Lexington Ave, Elkhart, IN 46516
  • /22

    $160,000

    $5K PRICE DROP
    • 3 Beds
    • 1.5 Baths
    • 1,188 Sq Ft

    309 S Shore Dr, Elkhart, IN 46516

    Take a look at this charming home minutes away Elkhart river! 3 BDR and 1.5 Baths. Home is move in ready with great updates like new flooring in kitchen and dinning area, new furnace and water heater. This home also has a fenced backyard, detached garage and good space parking. Schedule your showing today! SOLD AS IS.

    Karla Ramirez Cressy & Everett- Goshen

    309 S Shore Dr, Elkhart, IN 46516
  • /2

    $16,500

    • Land
    • 5,227 Sq Ft
    • $137,500 per Acre

    00000 W Lexington Ave, Elkhart, IN 46516

    Great Buildable lot in the City of Elkhart. In the 500 Block of W. Lexington

    Nate Roll Rock Auctioneers & Real Estate

    00000 W Lexington Ave, Elkhart, IN 46516
  • /26

    $150,000

    • 2 Beds
    • 1 Bath
    • 1,080 Sq Ft

    54039 County Road 5, Elkhart, IN 46514

    Single-story ranch situated on a spacious lot with mature trees and plenty of outdoor space. The home features a living area with a wood burning fireplace and large windows providing natural light. Home needs updating , Existing flooring has been removed ,leaving concrete subfloors ready for the new owner 's choice of flooring. Fenced Backyard. Recent updates include a furnace replaced in October

    Leah Sarber RE/MAX 100 Elkhart

    54039 County Road 5, Elkhart, IN 46514

Showing Results 1 - 40, Page 1 of 2

Home Price Trends

Median Sale Price
$205,000
Median Single Family Sale Price
$210,500
Median Townhouse Sale Price
$107,500
Median 2 Bedroom Sale Price
$158,000
Median 1 Bedroom Sale Price
$109,000
Average Price Per Sq Ft
$107
Number of Homes for Sale
85
Last 12 months Home Sales
589
Months of Supply
1.70
Median List Price
$215,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
8%
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