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    Property profile & analytics

    2006 Raintree Dr, Unit 8 Elkhart, IN 46514-4185

    • Residential income homes
    • 4,512 SF
    • 0.70 lot acres
    OFF-MARKET
    Value Estimation
    $365,000
    Last Sale
    Mar 16, 2021
    Location Intelligence
    Property ID
    US31-0165758
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Residential income homes

    Property Details for 2006 Raintree Dr

    Year built
    1987
    Construction
    WOOD
    Lot size
    0.70 lot acres
    Property size
    4,512 SF
    Zone code
    ZO01
    Property type
    Residential income homes
    Property subtype
    Small apartment buildings
    APN
    20-02-34-101-023.000-027
    APU
    200234101023000027

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Elkhart
    County
    Elkhart
    State
    Indiana
    Longitude
    -85.9451
    Latitude
    41.7063
    CBSA code
    21140
    CBSA name
    ELKHART-GOSHEN, IN METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $9,918
    $32,400
    $454,600
    $487,000
    -
    $32,400
    $454,600
    $487,000

    Comparable in this City

    • Value Estimation
      $405,000
      4,512 SF

      1629 Windsong Dr, Unit 31

      APARTMENT HOUSE (UNDER 5 UNITS) • 4,512 SF
      1629 Windsong Dr, Elkhart, IN 46514-4194
      View Details
    • Value Estimation
      $375,000
      4,512 SF

      2101 Raintree Dr, Unit 3

      APARTMENT HOUSE (UNDER 5 UNITS) • 4,512 SF
      2101 Raintree Dr, Elkhart, IN 46514-4186
      View Details
    • Value Estimation
      $360,000
      4,512 SF

      1626 Windsong Dr

      APARTMENT HOUSE (UNDER 5 UNITS) • 4,512 SF
      1626 Windsong Dr, Elkhart, IN 46514-4192
      View Details
    • Value Estimation by Request
      4,512 SF

      2011 Raintree Dr

      APARTMENT HOUSE (UNDER 5 UNITS) • 4,512 SF
      2011 Raintree Dr, Elkhart, IN 46514-4178
      View Details
    • Value Estimation by Request
      4,512 SF

      1624 Windsong Dr, Unit 27

      APARTMENT HOUSE (UNDER 5 UNITS) • 4,512 SF
      1624 Windsong Dr, Elkhart, IN 46514-4190
      View Details
    • Value Estimation
      $370,000
      4,512 SF

      2002 Raintree Dr, Unit 4

      APARTMENT HOUSE (UNDER 5 UNITS) • 4,512 SF
      2002 Raintree Dr, Elkhart, IN 46514-4183
      View Details

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      Prime Elkhart County flex space, ideal for retail or industrial use.
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    • $7 SF/Yr
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    Elkhart, IN 46514-4185
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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