1501 Morehouse Avenue Elkhart, IN $ 650,000
1501 Morehouse Avenue
$ 650,000
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1501 Morehouse Avenue

Elkhart, IN, 46516
$ 650,000
Bedrooms-- Baths10.0 Sq 18,780

Monthly Estimate*

$ 4,489

1501 Morehouse Avenue, Elkhart, IN 46516 - Image 1
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Commercial Property for sale in Elkhart, IN

for $650,000 with 10 full baths. This 18,780 square foot building was built in 1922 on a lot size of 0.69.

Get into this historic property in Elkhart! Property: This church building offers just under 30,000 SF on 0.69 acres. It was built in two phases, in 1923 and 1964. The property is zoned R2 Residential, and the seller understands the City is open to discussing rezoning. Features include three-phase electrical service, an elevator, and 36-38 on-site, street-level parking spaces. Access and Demographics: S. Main St carries 10,355 vehicles per day (2025). An Interurban Trolley stop is a short walk just south of the property. The trolley connects Elkhart with Goshen, Osceola, Dunlap, and Mishawaka, and Amtrak serves the Elkhart station. Elkhart has a population of 53,923 (2020 Census) and a median household income of $51,028. Elkhart County's median household income is $68,561. Location: Elkhart is the RV Capital of the United States, with the Indiana Toll Road (I-80/90) about 15 miles east of South Bend and 110 miles east of Chicago. The city is seeing record investment. In 2025 it issued 17 permits for commercial, industrial, and multifamily projects representing $90 million. The 105-acre River District plan involves up to $300 million in development, including a $65 million aquatics center. The Downtown Master Plan is reshaping downtown streets to spur growth, and a planned 8,000-seat riverfront amphitheater will complement the restored Lerner Theatre. National retailers such as Chick-fil-A, Freddy's, and Five Guys continue to open along key corridors, and nearly 30,000 people commute into Elkhart County daily for work.

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Commercial Active

Price

$ 650,000

Full Bath

10

Property Type

Commercial

Taxes

$ 30,583

Style

Special Purpose

Lot Size

0.69

Year Built

1922

Town/City

Elkhart

County/Region

Elkhart

MLS | Web ID

202641373

Features
General
Heating Multiple Heating Systems
Cooling Multiple Cooling Units
Ceiling Height 20'
Roof Asphalt Flat Shingle
Parking Yes Paved
Sewer City
# of Buildings 1
Status Active Active
Bathrooms 10
Year Built 1922
New Construction No
Subdivision Morehouse
Stories Count 3
Township Concord
Class COMMERCIAL
Type Special Purpose
Age 104
Special Features Handicap Access Passenger Elevator Basement Office Space Public Restrooms Refrigeration/Freezer
REO No
Status Detail 0
Area Elkhart County
City Elkhart
Legal Description Morehouse Add Lots 1-3 & 9 10 11 Ex. So 10 ft Lot 10 & Vac Alley between Lots 9 & 1-3 ex row (Tif 136)
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202641373
Agent First Name Jon
Agent Last Name Carter
DOM 1
Tax Year 2025
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Exterior
Road Access City
Exterior Brick
Lot Size Area 30056
Lot Dimensions 192x504
Parking Type Asphalt
Waterfront Y/N No
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Interior
Flooring Mixed
Basement/Foundation Finished
Walls Block Other
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* Excluded Features
List By
Jon Carter

Listing Agent

Inspired Homes Indiana

Broker

jcarter@inspiredhomes.com

Email

Affordability Calculator

$7,038
Per Month
64%
36%
0%
Monthly Principal & Interest
$4,489
Monthly Property Taxes
$2,549
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1237469 Elementary School
1237627 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/6/2026$650,000 Listed Price

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1501 Morehouse Avenue, Elkhart, IN, 46516 is a Commercial Property for sale at $650,000 with 18,780 sqft and a lot size of 0.69. 1501 Morehouse Avenue has 10.0 baths and was built in 1922. The property's zip code is 46516 which is in Elkhart, IN