Sherman Homes for Sale

/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
Explore Sherman
/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
/26
$179,900

$20K PRICE DROP
- 4 Beds
- 4 Baths
- 2,182 Sq Ft
415 N 2nd St, Elkhart, IN 46516

Excellent investment opportunity with immediate cash flow and upside potential! This 4-unit property near downtown Elkhart offers strong rental income with many major improvements already completed. Updates include a new roof (2024), replacement windows (2023), updated flooring, kitchen improvements throughout, upgraded electrical service with separate meters, a furnace approximately 7 years old,

Jennea Schirr McKinnies Realty, LLC Elkhart

415 N 2nd St, Elkhart, IN 46516
/4
$15,000
- Land
- 6,534 Sq Ft
- $100,000 per Acre
TBD W Washington St, Elkhart, IN 46516

This 41 x 160 city lot is close to downtown and all Elkhart has to offer like the River walk, parks, restaurants, shopping, and the Aquatic Center. Come take a look today!

Heidi Gaskill Berkshire Hathaway HomeServices Elkhart

TBD W Washington St, Elkhart, IN 46516
/20
$96,000

$16K PRICE DROP
- 2 Beds
- 1 Bath
- 728 Sq Ft
192 N 6th St, Elkhart, IN 46516

Beautifully updated home featuring a modern kitchen, durable vinyl plank flooring, newer windows, and fresh paint throughout. This move-in ready property offers a bright, refreshed interior with stylish finishes, making it perfect for an owner-occupant or investment opportunity. Conveniently located near local amenities, schools, and downtown Elkhart.

Michelle Bordeau SUNRISE Realty

192 N 6th St, Elkhart, IN 46516
/22
$124,900

$25K PRICE DROP
- 2 Beds
- 1 Bath
- 900 Sq Ft
412 W Washington St, Elkhart, IN 46516

Great opportunity near downtown shopping and restaurants! This 2-bedroom, 1-bath home offers main level laundry and a flexible floor plan that could easily be converted into a 3-bedroom to add value. Home has a brand new roof and new siding! Currently tenant-occupied and has been used as a rental for the past 10–11 years, making it a solid investment opportunity or a great option for someone

Jennea Schirr McKinnies Realty, LLC Elkhart

412 W Washington St, Elkhart, IN 46516

Indiana Elkhart County Elkhart Sherman

Why Live in Sherman

Sherman is one of Elkhart’s oldest neighborhoods, set between the Elkhart and Lower Saint Joseph Rivers. It’s also one of the city’s most walkable neighborhoods, with riverfront parks and downtown attractions nearby. The neighborhood primarily features Craftsman-style homes, some of which date back to the late 19th century. There are also townhouses and apartments, and most residents in Sherman are renters. However, some homeowners face challenges qualifying for flood insurance due to a 2018 storm, contributing to longer market times for homes. Neighborhood green spaces include Langle Park and the Geroldean Thursby Memorial Tot Lot, both offering updated playgrounds. Nearby parks accessible via footbridges include Island Park, Kardzhali Park and NIBCO Water and Ice Park. Within a few blocks of Sherman, dining options range from fast-food chains to local favorites like Iechyd Da Brewing Company and The Tipsy Biscuit. Residents can head downtown for annual festivities such as the Elkhart Jazz Festival and the Elkhart Grand Prix go-kart race. Public transportation is convenient with the Interurban Trolley Blue, Green, and Yellow Lines and major roads and highways are easily accessible. The Indiana Toll Road is 4 miles away, and South Bend International Airport is just over 25 miles from Sherman.

Learn more about living in Sherman

Frequently Asked Questions

Is Sherman a good place to live?

Sherman is a good place to live. Sherman is considered somewhat walkable and bikeable with some transit options. Sherman is an urban core neighborhood. Sherman has 14 parks for recreational activities. It has a median age of 31. The average household income is $58,439 which is below the national average. College graduates make up 2.8% of residents. A majority of residents in Sherman are renters, with 74% of residents renting and 26% of residents owning their home. A local real estate agent serving Sherman can help you decide if this neighborhood is the right one for you. Learn more on our Sherman neighborhood guide.

Is Sherman, IN a safe neighborhood?

Sherman, IN is less safe than the average neighborhood in the United States. It received a crime score of 5 out of 10.

How much do you need to make to afford a house in Sherman?

The median home price in Sherman is $121,000. If you put a 20% down payment of $24,200 and had a 30-year fixed mortgage with an interest rate of 6.52%, your estimated principal and interest payment would be $610 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $26K a year to afford the median home price in Sherman. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Sherman is $58K.

What are the best public schools in Sherman?

The best public schools that serve Sherman are:

Elkhart High School has a B- Niche grade, a student teacher ratio of 16:1 and an average review score of 3.5.
West Side Middle School has a C Niche grade, a student teacher ratio of 15:1 and an average review score of 3.0.
Beardsley Elementary School has a C- Niche grade and a student teacher ratio of 16:1.

What are the best private schools in Sherman?

The best private schools that serve Sherman are:

St. Thomas the Apostle Catholic School has a student teacher ratio of 10:1.
Montessori School of Elkhart has a student teacher ratio of 47:1.

What are the most popular zip codes in Sherman, Elkhart, IN?

The most popular zip codes in Sherman, Elkhart, IN include 46516, 46514, 46517, 46528 and 46561.

What are the most popular neighborhoods near Sherman, Elkhart, IN?

The most popular neighborhoods near Sherman, Elkhart, IN are Riverside, West Central, Bower, South Shore-Bridge Street and Strong.

Sherman Home Prices vs. Nearby Elkhart, IN Neighborhoods

	Sherman	South Shore-Bridge Street	River Park	Baker Park
Median Home Price	$121,000	$139,000	$150,000	$130,000
Median Sale Price	$132,950 +75% YoY	$103,750 -29% YoY	$150,000 +11% YoY	$133,650 -10% YoY
Median Single Family Price	$124,900	$130,000	$150,000	$157,000
Total Active Listings	4	3	7	0
Market Conditions	8 Months Buyer's Market	4 Months Seller's Market	1 Months Seller's Market	0 Months Seller's Market

How to Buy a Home How to Finance a Home How to Sell a Home

Sherman Types of Homes for Sale

More About Living in Sherman

Homes for Sale in Nearby Neighborhoods

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Homes for Sale in Nearby Counties

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