NOT LISTED FOR SALE

1415 Us Highway 6 Nappanee, IN 46550

Estimated Value: $190,932 - $296,000

6 Beds
2.5 Baths
3,066 Sq Ft
$86/Sq Ft Est. Value

Last Sold April 28, 2020

Last sale price $150,000 $49 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $1,521/month

276 Days on Market

About This Home

As of April 2020

Back on the market at no fault of the seller or property! Must see this one to fully appreciate it! The detached building is currently zoned commercial and was very recently being leased to a commercial kitchen/bakery. Live here and let this pay your mortgage or rent the house out as well and make a great return on your investment!! Also getting income from the 2 billboards that are on the property! Check this one out today!

Last Listed By

Jesse Riegsecker

Bright Star Real Estate Services LLC Listed on: 07/12/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,450

Year Built

  • Built in 1920

Lot Details

  • 2.25 Acre Lot
  • Irregular Lot

Home Design

  • Shingle Siding
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 6 Bedrooms

Schools

  • Bremen Elementary And Middle School
  • Bremen High School

Utilities

  • Heating System Uses Gas
  • Private Company Owned Well
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 50-54-32-000-009.001-005

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,450

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1920
  • Age: 100
  • Style: Two Story
  • Total Number of Rooms: 5
  • Bedrooms: 6
  • Number Above Grade Bedrooms: 6
  • Total Bathrooms: 3
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Legal Description: ACREAGE: 1.35 BEG N LN RR & W LN NE1/4 SEC 32 TH S84-8E 228' TH N5-52E 214.5' TH NW'LY TO W 1/4 SEC LN TH S 360' TO POB EX E 28' ACREAGE: .75 AUDITOR DESC: SW COR N1/2 NE S RD 6 N RR EX LEGAL DESC ACREAGE:.15 PRT NE1/4 SEC 32 COM N LN RR & W LN NE1/4 TH S84-3E 200' TO POB TH S84-8E 28' TH N05-52E 214.5' TH NW'LY 31.2' TH S05'52W 228.3' TO POB
  • Parcel Number ID: 50-54-32-000-009.001-005
  • Platted: Yes
  • Sp Lp Percent: 96.77
  • Year Taxes Payable: 18
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 3570
  • Total Finished Sq Ft: 3066
  • Above Grade Finished Sq Ft: 3066
  • Below Grade Sq Ft: 504
  • Price Per Sq Ft: 48.92
  • Basement: Yes
  • Basement Foundation: Partial Basement
  • Living Great Room: Dimensions: 18x16, On Level: Main
  • Kitchen: Dimensions: 18x12, On Level: Main
  • Dining Room: Dimensions: 12x14, On Level: Main
  • Bedroom 1: Dimensions: 12x10, On Level: Main
  • Bedroom 2: Dimensions: 12x14, On Level: Upper
  • Bedroom 3: Dimensions: 14x12, On Level: Upper
  • Bedroom 4: Dimensions: 12x12, On Level: Upper
  • Bedroom 5: Dimensions: 14x10, On Level: Upper
  • Number of Main Level Full Bathrooms: 1
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 504

Exterior Features

  • Exterior: Shingle, Vinyl
  • Outbuilding1: 2nd Detached Garage, Dimensions: 25x60

Utilities

  • Heating Fuel: Electric, Gas
  • Sewer: Septic
  • Water Utilities: Well
  • Well Type: Private

Schools

  • School District: Bremen Public Schools
  • Elementary School: Bremen
  • Middle School: Bremen
  • High School: Bremen
  • Elementary School: Bremen

Lot Info

  • Lot Description: Irregular
  • Lot Dimensions: ireg
  • Estimated Lot Sq Ft: 98010
  • Estimated Lot Size Acres: 2.25

Tax Info

  • Annual Taxes: 3450

MLS Schools

  • High School: Bremen
  • Middle School: Bremen
  • School District: Bremen Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 29, 2021
Sold by
Rwdm Llc
Bought by
Zarse Michael G
Total Days on Market
276
Current Estimated Value
$262,483

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,819
Interest Rate
3.09%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 24, 2018
Sold by
Chiu Soukavanh Lynn and Chiu Kieng
Bought by
Rwdm Llc

Purchase Details

Closed on
Nov 21, 2012
Sold by
Chiu Kieng
Bought by
Chiu Soukavanh Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
3.38%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

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
Zarse Michael G -- Heritage Parke Title Llc
Rwdm Llc -- Heritage Park Title
Chiu Soukavanh Lynn -- Heritage Parke Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zarse Michael G $203,500
Closed Zarse Michael G $158,819
Previous Owner Chiu Soukavanh Lynn $112,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2020 04/28/20 Sold $150,000 -3.2% $49 / Sq Ft
04/13/2020 04/13/20 Pending -- -- --
03/23/2020 03/23/20 For Sale $155,000 0.0% $51 / Sq Ft
02/04/2020 02/04/20 Pending -- -- --
10/31/2019 10/31/19 Price Changed $155,000 -3.1% $51 / Sq Ft
07/12/2019 07/12/19 For Sale $160,000 -- $52 / 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 $796 $148,400 $46,700 $101,700
2022 $796 $138,700 $43,600 $95,100
2021 $564 $105,200 $33,600 $71,600
2020 $537 $122,400 $31,400 $91,000
2019 $446 $120,200 $30,700 $89,500
2018 $398 $114,200 $29,300 $84,900
2017 $379 $111,300 $28,700 $82,600
2016 $258 $105,900 $27,900 $78,000
2014 $1,350 $105,800 $28,000 $77,800
Source: Public Records

Agents Affiliated with this Home

  • Jesse Riegsecker

    Seller's Agent in 2020

    Jesse Riegsecker

    Bright Star Real Estate Services LLC

    (574) 825-0704

    235 Total Sales

    Jesse Riegsecker
    Section Image
  • Olga Glossett

    Buyer's Agent in 2020

    Olga Glossett

    RE/MAX

    (574) 457-6461

    Section Image
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Map

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Source: Indiana Regional MLS

MLS Number: 201930374

Indiana Regional MLS

APN: 50-54-32-000-009.001-005

Indiana Marshall County Nappanee 46506

1415 Us Highway 6, Nappanee, IN

Homes for Sale in Nappanee, IN

This home is located at 1415 Us Highway 6, Nappanee, IN 46550 since 12 July 2019 and is currently estimated at $262,483, approximately $85 per square foot. This property was built in 1920. 1415 Us Highway 6 is a home with nearby schools including Bremen Elementary/Middle School, Bremen Senior High School, and New Burlington Amish 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.