c.1935 Indiana Starter Home For Sale Under $50K

$49,900

Indiana starter home for sale! The main floor features a spacious living room, one generously sized bedroom, a kitchen, and a bathroom. The full basement includes the mechanicals and offers plenty of room for storage.

Realtor Comments

Investor Alert! Check out this low cost home with tons of upside potential. With very light rehab this could make a great flip, home to live in, or rental to add to your portfolio. Out back is large backyard with mature trees. Much desired attached 1 car detached garage. Please note: Highest and best offers will be reviewed by 5 PM on Thursday, 6/18/26. The seller is accepting cash-only, AS-IS offers from buyers prepared to close quickly. The seller has never lived in the home and provides limited information-buyers and their agents are responsible for verifying room dimensions, square footage, zoning, utilities, and school details.

1bd
1ba
546sqft
5,227sqft lot
Circa 1935

More Indiana Properties

802 E Emerald St, Elkhart, IN 46514, USA

If interested in a property, please contact the realtor whose link is provided in the post below, or contact an agent of your own choosing. Independent verification of details and status is recommended.

Contact Realtor: BEER, BRAD

Brokered by Heart City Realty LLC

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Pros of living in Elkhart, Indiana

Great access to major areas: Close to the Michiana region; you can reach bigger cities for shopping, jobs, and events without living in them full-time.
Strong manufacturing / industry base: Elkhart is known for industry (especially RV and related supply chains), which can mean more local work options for many trades/roles.
Cost of living is often reasonable: Compared with many larger Midwestern metros, housing and day-to-day expenses can be more affordable.
Family-friendly neighborhoods & community events: Many people find it easier to plug into local school/community activities than in larger, more anonymous areas.
Parks and outdoor options nearby: You’re generally within reach of lakes, trails, and seasonal outdoor recreation (plus plenty of parks in the area).
Not far from Lake Michigan and Chicago/Michigan travel: Easy-ish weekend trips.

Cons of living in Elkhart, Indiana

Job market can be more industry-dependent: If your career is less tied to local manufacturing/industrial employers, you may need to commute or look elsewhere.
Traffic can vary by route and season: Depending on where you work/live and local construction/commuter flows, certain corridors can feel busy at times.
Weather extremes: Winters can be cold and summers can be hot/humid (as with much of the Midwest).
Limited “big city” variety: If you want constant options for nightlife, niche shopping, or major cultural venues right next door, you may drive to nearby larger areas.
Healthcare availability may vary by specialty: Basic care is usually available locally, but highly specialized services may require travel.