NOT LISTED FOR SALE

1056 E Market St Nappanee, IN 46550

Estimated Value: $180,000 - $231,000

4 Beds
2 Baths
1,496 Sq Ft
$133/Sq Ft Est. Value

Last Sold October 19, 2018

Last sale price $135,900 $91 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $1,187/month

117 Days on Market

Highlights

  • Wood Flooring
  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System
  • NorthWood High School Rated A-
  • Bungalow
  • Level Lot

About This Home

As of October 2018

Major price reduction!!! Very big bungalow! New siding, windows, doors and roof. Updated Bathrooms and kitchen. Don't miss this one it has a main level master suite. Large living and dining room with hardwood floors. upstairs bedrooms all have hardwood floors. Alley access to property. $139,900

Last Agent to Sell the Property

Chad Martin

Keller Williams Realty Group Listed on: 05/03/2018

Keller Williams Realty Group

Last Buyer's Agent

Darla Brock

SUNRISE Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $740

Year Built

  • Built in 1924

Lot Details

  • 6,621 Sq Ft Lot
  • Lot Dimensions are 50x132
  • Level Lot

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Bungalow
  • Asphalt Roof
  • Cedar
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction
  • Crawl Space

Schools

  • Nappanee Elementary School
  • Northwood Middle School
  • Northwood High School

Additional Features

  • Suburban Location
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 20-14-31-260-016.000-029

Home Details

Home Type

Single Family

Est. Annual Taxes

$740

Year Built

Built in 1924

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1924
  • Age: 94
  • Style: Two Story
  • Architectural Style: Bungalow
  • Total Number of Rooms: 3
  • Total Number of Rooms Below Grade: 1
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Highland Lot 8 |
  • Parcel Number ID: 20-14-31-260-016.000-029
  • Platted: Yes
  • Location: City/Town/Suburb
  • Sp Lp Percent: 97.84
  • Year Taxes Payable: 2017
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 2224
  • Total Finished Sq Ft: 1496
  • Above Grade Finished Sq Ft: 1496
  • Below Grade Sq Ft: 728
  • Price Per Sq Ft: 90.84
  • Basement: Yes
  • Basement Foundation: Crawl, Full Basement
  • Basement Material: Block
  • Flooring: Carpet, Hardwood Floors, Vinyl
  • Bedroom 1: Dimensions: 15x12, On Level: Main
  • Bedroom 2: Dimensions: 12x11, On Level: Upper
  • Bedroom 3: Dimensions: 12x11, On Level: Upper
  • Bedroom 4: Dimensions: 8x8, On Level: Upper
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 728

Exterior Features

  • Exterior: Cedar, Vinyl
  • Roof Material: Asphalt
  • Outbuilding1: None

Garage/Parking

  • Driveway: Concrete
  • Garage Type: Detached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 22x21
  • Garage Sq Ft: 462
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Conventional, Forced Air
  • Sewer: City
  • Water Utilities: City

Schools

  • School District: Wa-Nee Community Schools
  • Elementary School: Nappanee
  • Middle School: NorthWood
  • High School: NorthWood
  • Elementary School: Nappanee

Lot Info

  • Lot Description: Level, 0-2.9999
  • Lot Dimensions: 50x132
  • Estimated Lot Sq Ft: 6621
  • Estimated Lot Size Acres: 0.152
  • Lot Number: 8

Tax Info

  • Annual Taxes: 740
  • Total Assessed Value: 81900
  • Exemptions: Homestead, Mortgage

MLS Schools

  • High School: NorthWood
  • Middle School: NorthWood
  • School District: Wa-Nee Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2018
Closed on
Oct 22, 2018
Sold by
Jeffrey A Kohler
Bought by
Letro David and Letro Victoria
Seller's Agent
Chad Martin
Keller Williams Realty Group
Buyer's Agent
Darla Brock
SUNRISE Realty
List Price
$155,900
Sold Price
$135,900
Premium/Discount to List
-$20,000
-12.83%
Current Estimated Value
$199,468

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,568
Avg. Annual Appreciation
4.89%
Original Mortgage
$137,272
Outstanding Balance
$121,170
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$68,280

Purchase Details

Closed on
Feb 5, 2016
Sold by
Hochsetler Ruth E and Hochsetler James L
Bought by
Kohler Jeffrey A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,741
Interest Rate
4.5%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Letro David -- --
Kohler Jeffrey A -- Hamilton National Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Letro David $137,272
Closed Letro David --
Previous Owner Kohler Jeffrey A $100,741
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2018 10/19/18 Sold $135,900 -2.2% $91 / Sq Ft
09/15/2018 09/15/18 Pending -- -- --
08/30/2018 08/30/18 Price Changed $138,900 -0.7% $93 / Sq Ft
07/31/2018 07/31/18 Price Changed $139,900 -3.5% $94 / Sq Ft
07/22/2018 07/22/18 Price Changed $145,000 -2.7% $97 / Sq Ft
06/11/2018 06/11/18 Price Changed $149,000 -4.4% $100 / Sq Ft
05/21/2018 05/21/18 For Sale $155,900 -- $104 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,550 $162,300 $17,500 $144,800
2022 $1,550 $142,700 $17,500 $125,200
2021 $1,364 $132,500 $17,500 $115,000
2020 $1,253 $121,700 $17,500 $104,200
2019 $1,195 $116,000 $17,500 $98,500
2018 $665 $82,500 $16,000 $66,500
2017 $740 $85,500 $16,000 $69,500
2016 $768 $81,900 $16,000 $65,900
2014 $1,470 $73,500 $16,000 $57,500
2013 $1,516 $91,400 $16,000 $75,400
Source: Public Records

Agents Affiliated with this Home

  • Chad Martin

    Seller's Agent in 2018

    Chad Martin

    Keller Williams Realty Group

    (574) 202-2848

    6 in this area

    151 Total Sales

    Chad Martin
    Section Image
  • Darla Brock

    Buyer's Agent in 2018

    Darla Brock

    SUNRISE Realty

    (574) 596-1394

    4 in this area

    281 Total Sales

    Darla Brock
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 201821412

Indiana Regional MLS

APN: 20-14-31-260-016.000-029

Indiana Elkhart County Nappanee 46550

1056 E Market St, Nappanee, IN

This home is located at 1056 E Market St, Nappanee, IN 46550 since 03 May 2018 and is currently estimated at $199,468, approximately $133 per square foot. This property was built in 1924. 1056 E Market St is a home located in Elkhart County with nearby schools including NorthWood High School, Sunny Meadow Amish School, and South Millwood Parochial School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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