Wooded Short-Term Rental
For Sale
$535,900
57507 Red Bud Lane, Elkhart, IN 46517
MULTI_FAMILY - Elkhart, IN
Property Size1,054 SF
Lot Size8.01 Acres
Price / SF$508.44
Days on Market166
Property Features for 57507 Red Bud Lane
General Information
Property type
Residential Multi Family
Property subtype
Other
Property condition
Under Construction
Bedrooms
3
Bathrooms
2
Full bathrooms
1
Half bathrooms
1
Rooms
Bathroom 1, Bedroom 2, Bedroom 3, Bedroom 1, Bathroom 2
Parking
5
Lot features
Heavily Wooded
Elementary school
Jimtown
Middle school
Jimtown
High school
Jimtown
Elementary school district
Baugo Community
Middle school district
Baugo Community
High school district
Baugo Community
Directions
Take CR 100 north to Red Bud Lane (sign was MISSING). Keep right to the end of the subdivision. The entry is by the pond and at the end of the cul-de-sac.
Subdivision
Elkhart County
Standard status
Active
APN
20-05-15-153-009.000-001
Size
1,054 SF
Lot size
8.01 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
TREEHOUSE ACRES LOT 2
Tax Annual Amount
1444
Legal Description
TREEHOUSE ACRES LOT 2
Utilities
Cooling system
Multi Units
Water front features
Creek
Water front
1
Building Details
Year built
2025
Floors in Building
2
Number of units
1
Flooring type
Vinyl
Architectural style
Other
Listing Agency:
Berkshire Hathaway HomeServices Elkhart
(574) 293-1010
Listed By:
Ashley Lambright · License #RB16001927
(574) 238-0208
Added: Feb 26
Changed: Aug 10
Last Checked: Aug 11 at 9:06PM
MLS# 202606184
Copyright © 2026 Elkhart County Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Located at 57507 Red Bud Lane, this short-term rental property includes a 1,054-square-foot house on 8.01 acres in Elkhart. The 2025-built residence has three bedrooms, two bathrooms, vinyl flooring, multi-unit cooling, and furnishings included in the sale. A creek and wooded setting are part of the property’s physical character.
The home is operating as an Airbnb and is situated approximately 25 minutes from the University of Notre Dame. The furnished configuration supports continued short-term rental use, while the acreage provides a substantial private setting. The supplied July 2026 income and expense information indicates a 10% cap rate.
The home is operating as an Airbnb and is situated approximately 25 minutes from the University of Notre Dame. The furnished configuration supports continued short-term rental use, while the acreage provides a substantial private setting. The supplied July 2026 income and expense information indicates a 10% cap rate.
Key Highlights
- Operating Airbnb on 8.01 acres in Elkhart
- 2025‑built house with 1054 Square Feet of living area
- Three‑bedroom, two‑bathroom configuration
Property Analytics
Property Profile
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
81
Businesses Nearby
Explore this area
Business Placement
Demographics for 46517, IN
24,006
Population
9,915
Households
2.4
Avg Household Size
36
Median Age
15%
College-Educated
81%
High-School Grad
36.9 sq mi
ZIP Area
651
Density / Sq Mi
$53,263
Median Household Income
$34,649
Median Earnings
$942
Median Rent
$168,500
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Short term rental property - Furnished three-bedroom, two-bath rental with a creek and wooded surroundings.
Where is this short term rental property located?
The property is located at 57507 Red Bud Lane Elkhart, IN.
What is the asking price?
The asking price for this property is $535,900.
What are key features of this property?
This property features: Operating Airbnb on 8.01 acres in Elkhart; 2025‑built house with 1054 Square Feet of living area; Three‑bedroom, two‑bathroom configuration
