$560,000
SOLD APR 22, 2025

24675 County Road 54 Nappanee, IN 46550

5 Beds
2 Baths
2,368 Sq Ft
304,920 Sq Ft Lot

Recently Sold

$236 Per Sq Ft

24% Above List Price

22 Days on Market

Highlights

  • 7 Acre Lot
  • NorthWood High School Rated A-
  • Level Lot

About This Home

As of April 2025

Auction!! This 7-acre farmette has two houses and a barn/shop combination building. The main home is a two-story farmhouse with a walkout basement, second kitchen in the basement, and woodstove heat. The second home is 1120 square feet with 2 bedrooms / 1bathroom and a nice open concept. Both houses are on Nipsco electricity and natural gas. The barn has two box stalls and four tie stalls. There are multiple pastures for livestock. The shop has multiple overhead doors and a heated section. Phone bid deadline is March 25th at 4PM.

Last Agent to Sell the Property

Leon Kramer

Bright Star Real Estate Services LLC Brokerage Phone: 574-821-7653 Listed on: 03/03/2025

Co-Listed By

Jesse Riegsecker

Bright Star Real Estate Services LLC Brokerage Phone: 574-821-7653

Last Buyer's Agent

Jesse Riegsecker

Bright Star Real Estate Services LLC Brokerage Phone: 574-821-7653

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,561

Year Built

  • Built in 1974

Lot Details

  • 7 Acre Lot
  • Level Lot

Parking

  • Off-Street Parking

Home Design

  • Shingle Siding
  • Block Exterior
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Walk-Out Basement

Bedrooms and Bathrooms

  • 5 Bedrooms

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 20-14-27-376-007.000-028

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,561

Year Built

Built in 1974

Lot Details

7 Acres

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1974
  • Style: Two Story
  • Bedrooms: 5
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: 1923' E SW COR SW 1/4 SEC 27 7.05A
  • Parcel Number ID: 20-14-27-376-007.000-028
  • Platted: Yes
  • Special Features: Auction
  • Stories: 2

Interior Features

  • Total Sq Ft: 3680
  • Total Finished Sq Ft: 2368
  • Above Grade Finished Sq Ft: 2368
  • Below Grade Sq Ft: 1312
  • Basement: Yes
  • Basement Foundation: Walk-Out Basement
  • Bedroom 1: Dimensions: 13x11, On Level: Main
  • Bedroom 2: Dimensions: 13x10, On Level: Upper
  • Bedroom 3: Dimensions: 15x11, On Level: Upper
  • Bedroom 4: Dimensions: 15x13, On Level: Upper
  • Bedroom 5: Dimensions: 15x13, On Level: Upper
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 1312

Exterior Features

  • Exterior: Block, Shingle, Vinyl
  • Outbuilding1: Barn, Dimensions: 100x40
  • Outbuilding2: Garden Shed, Dimensions: 10x6, 60

Garage/Parking

  • Off Street Parking: Yes

Utilities

  • Heating Fuel: Gas, Wood
  • Sewer: Septic
  • Water Utilities: Well
  • Electric Company: NIPSCO
  • Gas Company: NIPSCO
  • Well Size: 4 Inches
  • Well Type: Private

Schools

  • Elementary School: Nappanee

Lot Info

  • Lot Description: Level
  • Lot Dimensions: rectangular
  • Estimated Lot Sq Ft: 304920
  • Estimated Lot Size Acres: 7

Tax Info

  • Annual Taxes: 4560.72

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
Mar 3, 2025
Closed on
Apr 22, 2025
Sold by
Amish Mutual Mortgage Fund and Ammf Trustee Corporation
Bought by
Miller Duane E
Seller's Agent
Leon Kramer
Bright Star Real Estate Services LLC
Buyer's Agent
Jesse Riegsecker
Bright Star Real Estate Services LLC
List Price
$450,000
Sold Price
$560,000
Premium/Discount to List
$110,000
24.44%
Views
77
Current Estimated Value
$582,477

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,477
Avg. Annual Appreciation
4.47%

Purchase Details

Listed on
Jul 16, 2018
Closed on
Oct 17, 2018
Sold by
Yoder Morris R and Yoder Carolyn S
Bought by
Yoder Mark D and Yoder Kayla M
Seller's Agent
Lani Marshall
Rockwell Realty Team, LLC
Buyer's Agent
Lani Marshall
Rockwell Realty Team, LLC
List Price
$375,000
Sold Price
$322,000
Premium/Discount to List
-$53,000
-14.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.75%

Purchase Details

Listed on
Jul 16, 2018
Closed on
Sep 18, 2018
Sold by
Miller Andrew R and Miller Lorinda K
Bought by
Yoder Morris R and Yoder Carolyn S
Seller's Agent
Lani Marshall
Rockwell Realty Team, LLC
Buyer's Agent
Lani Marshall
Rockwell Realty Team, LLC
List Price
$375,000
Sold Price
$322,000
Premium/Discount to List
-$53,000
-14.13%

Purchase Details

Closed on
Jun 21, 2013
Sold by
Yoder Morris R and Yoder Carolyn S
Bought by
Miller Andrew R and Miller Lorinda K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
3.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 19, 2002
Sold by
Yoder Morris R and Yoder Carolyn
Bought by
Yoder Morris R and Yoder Carolyn S
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Contract Of Sale $560,000 None Listed On Document
Warranty Deed -- Heritage Parke Title
Warranty Deed -- Heritage Parke Title
Contract Of Sale -- None Listed On Document
Warranty Deed -- Heritage Parke Title
Trustee Deed -- Stewart Title Closing
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $120,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/22/2025 04/22/25 Sold $560,000 0.0% $236 / Sq Ft
03/25/2025 03/25/25 Pending -- -- --
03/25/2025 03/25/25 Price Changed $560,000 +24.4% $236 / Sq Ft
03/03/2025 03/03/25 For Sale $450,000 +39.8% $190 / Sq Ft
09/17/2018 09/17/18 Sold $322,000 -14.1% $136 / Sq Ft View Prior Sale
08/21/2018 08/21/18 Pending -- -- --
07/16/2018 07/16/18 For Sale $375,000 -- $158 / Sq Ft
Source: Indiana Regional MLS

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
2025 $4,226 $532,300 $44,600 $487,700
2024 $9,422 $459,100 $45,600 $413,500
2022 $4,576 $392,000 $40,900 $351,100
2021 $4,101 $348,600 $39,600 $309,000
2020 $3,801 $325,200 $39,500 $285,700
2019 $3,886 $331,600 $41,200 $290,400
2018 $3,754 $314,700 $41,500 $273,200
2017 $3,415 $304,500 $43,000 $261,500
2016 $3,254 $283,000 $43,700 $239,300
2014 $3,294 $267,800 $44,200 $223,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202506580

Indiana Regional MLS

APN: 20-14-27-376-007.000-028

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