509 Prospect St
Description
- Listed by Jennea Schirr • McKinnies Realty, LLC Elkhart • Cell: 574-215-9291
Property Details for 509 Prospect Street
Property Details for 509 Prospect Street
| Status | Active |
|---|---|
| MLS # | 202538768 |
| Days on Market | 134 |
| Taxes | $1,073 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Multi Family / Duplex |
| Year Built | 1880 |
| Lot Size | 0.23 AC / 9,845 SF |
| County | Elkhart County |
Location
Building Information for 509 Prospect Street
Payment Calculator
$1,551 per month
30 year fixed, 6.15% Interest
$1,462
$89
$0
Property Information for 509 Prospect Street
- Area: Elkhart County
- City: Elkhart
- Zip + 4: 2618
- Zip Code: 46514
- State: IN
- Township: Concord
- Geo Latitude: 42
- Geo Longitude: -86
- Fips Code: 18039
- Directions To Property: North on N Michigan to Cedar Right (East) on Cedar to Prospect Left (North) on Prospect to property on left hand
- Assoc Dues Frequency: Not Applicable
- Year Taxes Payable: 2025
- Parcel Number Id: 20-06-05-157-011.000-012
- School District: Elkhart Community Schools
- Elementary: Beardsley
- Middle School: North Side
- High School: Elkhart
- Number Of Parking Spaces: 4
- Unbranded Virtual Tour: https://www.propertypanorama.com/instaview/irmls/202538768
- Class: INVESTMENT
- Property Subtype: Duplex
- Approx Lot Size Acres: 0.23
- Lot Dimensions: 66X149
- Lot Number: 166
- Below Grade Unfin Sqft: 890.0
- Total Square Feet: 3742.0
- Approx Lot Size Sqft: 9845.0
- Above Grade Finished Sqft: 2852.0
- Below Grade Finished Sqft: 0.0
- Total Below Grade Sqft: 890.0
- Total Finished Sqft: 2852.0
- Above Grade Unfin Sqft: 0.0
- Lot Description: Level
- New Construction: No
- Year Built: 1880
- Age: 146
- Planned Unit Development: No
- Sewer: City
- Water Utility: City
- Amenities: Basement, Fireplace
- Exterior: Vinyl
- Outbuilding: None
- Platted: Yes
- Pool: No
- Number of Electric Meters: 3
- Number of Gas Meters: 2
- Number of Dishwashers: 0
- Number of Disposals: 0
- Number of Dryers: 0
- Number of Microwaves: 0
- Number of Ranges/Ovens: 3
- Number of Refrigerators: 3
- Number of W/D Hookups: 1
- Number of Washers: 0
- Number Water Meters: 2
- Basement: Yes
- Basement/Foundation: Partial Basement, Unfinished
- Cooling: None
- Flooring: Carpet, Laminate, Vinyl Tile, Wood
- Heating/Fuel: Gas, Forced Air
- Stories: 2
- Number of Above Grade Bedrooms: 6
- Number of Below Grade Baths: 0
- Number of Below Grade Bedrooms: 0
- Total Number of Bedrooms: 6
- Total Number of Full Baths: 3
- Total Number of Half Baths: 0
- Total Baths: 3
- Number Total Rooms Below Grade: 0
- Num Of 1 Bedrooms: 0
- Num Of 2 Bedrooms: 2
- Num Of 3 Bedrooms: 0
- Num Of 4 Bedrooms: 0
- Num of Efficiencies: 0
- Num of Units Rented: 1
- Number of Units: 2
- Annual Electric Expense: $.00
- Annual Fuel Expense: $.00
- Annual Gross Rent $: $34,620
- Annual Insurance Expense: $0
- Annual Maint. Expense: $0
- Annual Misc: $0
- Annual Net Income: $33,547
- Annual Property Tax: $1,073
- Annual Trash Expense: $0
- Annual Water/Sewer Exp: $0
- Gross Monthly Income: $2,885
- Gross Monthly Rent: $2,855
- Unit 1-Num of Bathrooms: 1
- Unit 1-Num of Bedrooms: 2
- Unit 1-Num of Rooms: 4
- Unit 1-Basement: Yes
- Unit 1-Currently Rented: Yes
- Unit 1-Electric: Owner
- Unit 1-Garage Type: Detached
- Unit 1-Garage: Yes
- Unit 1-Garage/Num of Cars: 1
- Unit 1-Gas: Owner
- Unit 1-Laundry Room: None
- Unit 1-Level: Main
- Unit 1-Rent Frequency: Monthly
- Unit 1-Unit Number: 1
- Unit 1-Unit Rent $: $685
- Unit 2-Num of Bathrooms: 1
- Unit 2-Num of Bedrooms: 2
- Unit 2-Num of Rooms: 5
- Unit 2-Basement: Yes
- Unit 2-Currently Rented: No
- Unit 2-Electric: Tenant
- Unit 2-Garage: No
- Unit 2-Gas: Owner
- Unit 2-Laundry Room: None
- Unit 2-Level: Upper
- Unit 2-Rent Frequency: Monthly
- Unit 2-Unit Number: 2
- Unit 2-Unit Rent $: $1,000
- Unit 3 SqFt: 720
- Unit 3-Num of Bathrooms: 1
- Unit 3-Num of Bedrooms: 2
- Unit 3-Num of Rooms: 4
- Unit 3-Basement: Yes
- Unit 3-Currently Rented: No
- Unit 3-Electric: Tenant
- Unit 3-Garage: No
- Unit 3-Gas: Tenant
- Unit 3-Level: None
- Unit 3-Rent Frequency: Monthly
- Unit 3-Unit Number: House
- Unit 3-Unit Rent $: $1,200
- Lease Term: 1 Year
- Owner Pays: Heating, Water
- Tenant Pays: Cable, Electric, Lawn Maintenance
Property History for 509 Prospect Street
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Sep 24, 2025 | Price Change Indiana Regional MLS #202538768 | $349,900 | — |
| Sep 24, 2025 | Price Change Indiana Regional MLS #202538768 | $339,900 | — |
| Sep 24, 2025 | Price Change Indiana Regional MLS #202538768 | $324,900 | — |
| Sep 24, 2025 | Listed (Active) Indiana Regional MLS #202538768 | $299,900 | — |
| Date | Event & Source | Price |
|---|---|---|
| 09/24/2025 | Price Change Indiana Regional MLS #202538768 | $349,900 |
| 09/24/2025 | Price Change Indiana Regional MLS #202538768 | $339,900 |
| 09/24/2025 | Price Change Indiana Regional MLS #202538768 | $324,900 |
| 09/24/2025 | Listed (Active) Indiana Regional MLS #202538768 | $299,900 |
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 509 Prospect Street
Schools near 509 Prospect Street
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 6 | |||
| Public - | 7 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Beardsley Elementary School PublicPK to 6 | ||
North Side Middle School Public7 to 8 | ||
Elkhart High School Public9 to 12 | ||
Elkhart Central High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Listing Courtesy of McKinnies Realty, LLC Elkhart
Based on information from one of the following Multiple Listing Services: MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.