NOT LISTED FOR SALE

1851 Waterfall Dr Nappanee, IN 46550

Estimated Value: $393,000 - $479,000

4 Beds
3 Baths
3,396 Sq Ft
$134/Sq Ft Est. Value

Last Sold November 09, 2023

Last sale price $437,000 $129 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,776/month

26 Days on Market

Highlights

  • Spa
  • Primary Bedroom Suite
  • Backs to Open Ground
  • NorthWood High School Rated A-
  • Open Floorplan
  • Corner Lot

About This Home

As of November 2023

This beautiful 4-bedroom, 3-bathroom home in a great location is a must-see! The open floor plan provides ample space for comfortable living and entertaining. The main level features the master bedroom with private bathroom and oversized walk-in closet. The main level also features 2 more bedrooms along with a full bathroom. The large, open basement provides more than enough room for various activities and entertainment making it perfect for family gatherings and events. The basement also has another full bathroom and bedroom with egress window. The size of this home makes it perfect for a family, as well as being in the Wa-Nee School District. Schedule a showing to see this beautiful home!

Last Agent to Sell the Property

Eric Hochstetler

Cressy & Everett- Goshen Brokerage Phone: 574-248-1395 Listed on: 09/16/2023

Cressy & Everett- Goshen

Last Buyer's Agent

ECBOR NonMember

NonMember ELK

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,110

Year Built

  • Built in 2003

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 105x119
  • Backs to Open Ground
  • Corner Lot
  • Irrigation

HOA Fees

  • $24 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Brick Exterior Construction
  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan

Kitchen

  • Electric Oven or Range
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet

Laundry

  • Laundry on main level
  • Washer and Electric Dryer Hookup

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • 1 Bathroom in Basement
  • 1 Bedroom in Basement

Pool

  • Spa

Schools

  • Woodview Elementary School
  • Northwood Middle School
  • Northwood High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • Heritage Subdivision

Listing and Financial Details

  • Assessor Parcel Number 20-14-29-301-035.000-029

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,110

Year Built

Built in 2003

Lot Details

0

HOA Fees

$24 per month

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 2003
  • Age: 20
  • Style: One Story
  • Total Number of Rooms: 11
  • Total Number of Rooms Below Grade: 4
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: Heritage Farms Residential Planned Development Phase 2 Lot 8 (Tif 100)
  • Parcel Number ID: 20-14-29-301-035.000-029
  • Platted: Yes
  • Amenities: Hot Tub/Spa, Ceiling Fan(s), Closet(s) Walk-in, Deck Open, Disposal, Dryer Hook Up Electric, Garage Door Opener, Irrigation System, Open Floor Plan, Range/Oven Hook Up Elec, Main Level Bedroom Suite, Main Floor Laundry, Sump Pump, Washer Hook-Up
  • Number Below Grade Bedrooms: 1
  • Sp Lp Percent: 99.54
  • Year Taxes Payable: 2021
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 3714
  • Total Finished Sq Ft: 3396
  • Above Grade Finished Sq Ft: 1857
  • Below Grade Finished Sq Ft: 1539
  • Below Grade Sq Ft: 318
  • Price Per Sq Ft: 235.33
  • Basement: Yes
  • Basement Foundation: Finished, Full Basement
  • Living Great Room: Dimensions: 17x29
  • Kitchen: Dimensions: 12x18
  • Recreation Room: Dimensions: 52x30, On Level: Basement
  • Bedroom 1: Dimensions: 14x14, On Level: Main
  • Bedroom 2: Dimensions: 13x11, On Level: Main
  • Bedroom 3: Dimensions: 13x11, On Level: Main
  • Bedroom 4: Dimensions: 13x9, On Level: Basement
  • Number Below Grade Bathrooms: 1
  • Number of Below Grade Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 2
  • Total Below Grade Sq Ft: 1857

Exterior Features

  • Exterior: Brick, Vinyl
  • Outbuilding1: None

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 29x27
  • Garage Sq Ft: 783
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Laundry: Dimensions: Mainx6, On Level: 11

Condo/Co-op/Association

  • Association Fees: 291.65
  • Association Fees Frequency: Annually

Schools

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

Lot Info

  • Lot Description: Corner
  • Lot Dimensions: 105X119
  • Estimated Lot Sq Ft: 12502
  • Estimated Lot Size Acres: 0.29

Tax Info

  • Annual Taxes: 3110.42

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
Sep 16, 2023
Closed on
Nov 8, 2023
Sold by
Hochstetler Todd J and Hochstetler Rochelle D
Bought by
Bearss Kenneth J and Bearss Carlie N
Seller's Agent
Eric Hochstetler
Cressy & Everett- Goshen
Buyer's Agent
ECBOR NonMember
NonMember ELK
List Price
$439,000
Sold Price
$437,000
Premium/Discount to List
-$2,000
-0.46%
Views
179
Current Estimated Value
$446,597

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,597
Avg. Annual Appreciation
0.67%
Original Mortgage
$400,182
Interest Rate
7.75%
Mortgage Type
FHA

Purchase Details

Closed on
May 31, 2002
Sold by
Heritage Farms Llc
Bought by
Hochstetler Todd J and Hochstetler Rochelle D
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
Bearss Kenneth J $437,000 Heritage Parke Title
Hochstetler Todd J -- Stewart Title Of Elkhart Cnt
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bearss Kenneth J $402,982
Closed Bearss Kenneth J $400,182
Previous Owner Hochstetler Todd J $111,000
Previous Owner Hochstetler Todd J $127,000
Previous Owner Hochstetler Todd J $245,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/09/2023 11/09/23 Sold $437,000 -0.5% $129 / Sq Ft
10/12/2023 10/12/23 Pending -- -- --
09/16/2023 09/16/23 For Sale $439,000 -- $129 / 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 $3,678 $419,100 $34,200 $384,900
2022 $3,678 $332,900 $34,200 $298,700
2021 $3,110 $299,200 $34,200 $265,000
2020 $2,920 $280,300 $34,200 $246,100
2019 $2,778 $266,500 $34,200 $232,300
2018 $2,656 $254,200 $35,700 $218,500
2017 $2,426 $242,600 $35,700 $206,900
2016 $2,365 $236,500 $35,700 $200,800
2014 $2,101 $210,100 $35,700 $174,400
2013 $2,101 $210,100 $35,700 $174,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202333838

Indiana Regional MLS

APN: 20-14-29-301-035.000-029