NOT LISTED FOR SALE

203 Stonewall Ct Nappanee, IN 46550

8 Beds
4 Baths
3,348 Sq Ft
8,712 Sq Ft Lot

Last Sold August 18, 2017

Last sale price $150,500 $45 Per Sq Ft

15 Days on Market

Highlights

  • Cul-De-Sac
  • Laundry closet
  • Level Lot
  • NorthWood High School Rated A-
  • Forced Air Heating and Cooling System
  • Carpet

About This Home

As of August 2017

Great 4-unit investment property. Each unit has 2 bedrooms, 1 full bathroom, and laundry hookup. 2 units are ground floor and 2 are upper level. Covenants currently state that all units in the Stonewall complex need to be managed by the same company for conformity. Currently they are being managed by 534-RENT Property Management Services. Each tract counts as 1 vote. There are 18 buildings (24 tracts) in the complex. New owners can choose to do their own building maintenance while lawn care, snow removal, tenant placement/removal, and rent collection are handled by 534-RENT Gas and Electric expense is combined under "fuel expense" and is more or less depending on vacancies because tenants pay their own utilities. If it's fully occupied all year then this expense would be close to $0.00. Maintenance expense varies based on tenant care.

Last Agent to Sell the Property

Craig Culver

Berkshire Hathaway HomeServices Elkhart Listed on: 07/10/2017

Berkshire Hathaway HomeServices Elkhart

Last Buyer's Agent

ECBOR NonMember

NonMember ELK

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,516

Year Built

  • Built in 1995

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 90 x 108
  • Cul-De-Sac
  • Level Lot

Home Design

  • Quadruplex
  • Poured Concrete
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Crawl Space
  • Laundry closet

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Parking

  • 8 Parking Spaces
  • Off-Street Parking

Location

  • Suburban Location

Utilities

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

Listing and Financial Details

  • Tenant pays for cooling, electric, fuel, heating, sewer, trash collection, water
  • The owner pays for building insurance, lawn maintenance, maintenance, snow removal, tax
  • Assessor Parcel Number 43-02-06-400-023.000-038

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Electric Expense $200
  • Fuel Expense $200
  • Insurance Expense $1,200
  • Maintenance Expense $6,723
  • Water Sewer Expense $291

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,516

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Fourplex
  • Year Built: 1995
  • Age: 22
  • Style: Two Story
  • Bedrooms: 8
  • Number Above Grade Bedrooms: 8
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: 34-13-61 LOT 3 STONEWALL SD
  • Parcel Number ID: 43-02-06-400-023.000-038
  • Platted: Yes
  • Amenities: Water Heater Gas
  • Location: City/Town/Suburb
  • Sp Lp Percent: 97.41
  • Annual Miscellaneous: 3000
  • Monthly Gross Income: 2520
  • Special Features: None

Interior Features

  • Total Sq Ft: 3348
  • Total Finished Sq Ft: 3348
  • Above Grade Finished Sq Ft: 3348
  • Basement Foundation: Crawl
  • Basement Material: Poured Concrete
  • Flooring: Carpet, Vinyl
  • Main Level Sq Ft: 1674
  • Number Of Ranges Ovens: 4

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 8
  • Parking: Off Street

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Electric: 200
  • Annual Fuel Expense: 200
  • Annual Insurance Expense: 1200
  • Annual Maintenance Expense: 6723
  • Annual Water Sewer Expense: 291
  • Number Electric Meters: 4
  • Number Gas Meters: 4
  • Number Of W D Hookups: 4
  • Number Water Meters: 4

Schools

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

Lot Info

  • Lot Description: Cul-De-Sac, Level
  • Lot Dimensions: 90 x 108
  • Estimated Lot Sq Ft: 8712
  • Estimated Lot Size Acres: 0.22

Rental Info

  • Lease Term: Month to Month, 1 Year
  • Owner Pays: Building Insurance, Lawn Maintenance, Maintenance, Snow Removal, Tax
  • Tenant Pays: Cooling, Electric, Fuel, Heating, Sewer, Trash Collection, Water

Multi Family

  • Gross Monthly Rent: 2520
  • Number Of Dishwashers: 4
  • Number Of Refrigerators: 4
  • Number Of Units: 4
  • Num Of2 Bedrooms: 4
  • Num Of Units Rented: 3

Tax Info

  • Annual Property Tax: 2516

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2017 08/18/17 Sold $150,500 -2.6% $45 / Sq Ft
07/25/2017 07/25/17 Pending -- -- --
07/10/2017 07/10/17 For Sale $154,500 -- $46 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Craig Culver

    Seller's Agent in 2017

    Craig Culver

    Berkshire Hathaway HomeServices Elkhart

    (574) 651-5341

    96 Total Sales

    Craig Culver
    Section Image

  • E

    Buyer's Agent in 2017

    ECBOR NonMember

    NonMember ELK

See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 201731411

Indiana Regional MLS
Indiana Kosciusko County Nappanee 46550

203 Stonewall Ct, Nappanee, IN

This home is located at 203 Stonewall Ct, Nappanee, IN 46550 since 10 July 2017. This property was built in 1995. 203 Stonewall Ct is a home located in Kosciusko 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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