Images
Map
Street
Land with Home for Sale in Elkhart, Indiana
57507 Red Bud Ln, Elkhart, IN 46517
$545,900
8 acres
Active sale
$53.1k drop
Est $2,962/moWelcome to Tree House Acres, a rare 8-acre income-producing retreat built in 2025 and already delivering impressive results. Just 25 minutes from the University of Notre Dame, this three-bedroom, two-bath property is operating as a successful Airbnb. New construction paired with immediate performance is hard to find. Guests are drawn to the peaceful wooded setting, modern finishes, and private acreage — creating strong demand right out of the gate. House is sold fully furnaced. With May 2026 income and expenses, Cap Rate will now be 9.12%. Turnkey. Proven. Expandable.
1,054
Sq feet
3
Beds
1
Full bath
1
1/2 bath
Location
- Street address
- 57507 Red Bud Ln
- County
- Elkhart County
- Zip code
- 46517
- School district
- Baugo Community
- Elevation
- 729 feet
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.
Property details
- Acreage
- 8.01 acres
- MLS #
- ECBOR 202606184
- Posted
Parcels
- 20-05-15-153-009.000-001
Legal description
TREEHOUSE ACRES LOT 2
Details and features
Listing
- Type
- Residential Multi Family
- Franchise
- Berkshire Hathaway Home Services
Exterior
- Outdoor Spaces
- Deck
- Features
- Ceiling Fan, Ceiling-9+, Countertops-Solid Surf, Deck Covered, Deck Open, Eat-In Kitchen, Fireplace, Hot Tub/Spa, Near Walking Trail, None, Off Street Parking, Washer Hook-Up, Water Heater Gas, Water Heater Tankless
Structure
- Stories
- 2
- Heating
- Propane
- Cooling
- Multi Units
Interior
- Rooms
- Bathroom x 2, Bedroom x 3, Laundry
- Flooring
- Vinyl
- Appliances
- Dishwasher, Dryer, Microwave, Range, Washer
Property utilities
| Category | Type | Status |
|---|---|---|
| Gas | Propane | Connected |
Nearby schools
| Name | Type | District |
|---|---|---|
| Jimtown | Elementary | Baugo Community |
| Jimtown | Middle | Baugo Community |
| Jimtown | High | Baugo Community |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| May 31, 2026 | Price drop | $545,900 | $53,100 -8.9% | ECBOR |
| May 6, 2026 | Price drop | $599,000 | $11,000 -1.8% | ECBOR |
| Apr 22, 2026 | Price drop | $610,000 | $89,900 -12.8% | ECBOR |
| Apr 2, 2026 | Price drop | $699,900 | $50,100 -6.7% | ECBOR |
| Mar 23, 2026 | Price drop | $750,000 | $25,000 -3.2% | ECBOR |
| Feb 27, 2026 | New listing | $775,000 | — | ECBOR |
Payment calculator
Contact listing agent Rules
By submitting, I agree to the terms of use and to be contacted by real estate professionals. Message and data rates may apply.