NOT LISTED FOR SALE

251 E Market St Nappanee, IN 46550

Estimated Value: $252,000 - $358,000

3 Beds
2.5 Baths
2,784 Sq Ft
$110/Sq Ft Est. Value

Last Sold January 23, 2024

Last sale price $305,000 $110 Per Sq Ft

Current estimated payment $1,954/month

125 Days on Market

Highlights

  • Open Floorplan
  • Colonial Architecture
  • Backs to Open Ground
  • NorthWood High School Rated A-
  • Living Room with Fireplace
  • Wood Flooring

About This Home

As of January 2024

PRICE CHANGE FOR THIS GREAT HOME IN THIS MUCH DESIRED LOCATION IN NAPPANEE, IN! This partially furnished home offers a rare opportunity to live in one of Nappanee's most historic and well-preserved residences! Built in 1916, it was up-dated and renovated in the past 3 years for today's living, including a new kitchen and a large first floor bathroom/laundry area. With its 3 bedrooms and 2 and a half baths, it is a perfect family home and perfect also for families seeking an excellent school system, as well as retirees who will appreciate the three minute walk to the town center and its many charming stores and restaurants. From the large windows that front onto US 6, you will see passing by a cross-section of today's industry, citizenry, and Amish community without the annoyance of street noise due to the high degree of sound insulation installed in this historic brick home. With municipal parks, trails and artworks, a municipal golf course, and a municipal airport, you can live in a classic small town with an approximate population of 7,000 that has taken pains to provide world class recreational facilities to the area. With its detached garage, great location and ample living space, this historic brick home must be seen.

Last Agent to Sell the Property

Pam Sellers

Wawasee Sails & Rentals Listed on: 09/13/2023

Last Buyer's Agent

Mary Dale

Coldwell Banker Real Estate Group

Coldwell Banker Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,697

Year Built

  • Built in 1916

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 66x132
  • Backs to Open Ground
  • Landscaped
  • Level Lot
  • Historic Home

Parking

  • 1 Car Detached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Colonial Architecture
  • Georgian Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Built-in Bookshelves
  • Woodwork
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Wood Burning Fireplace
  • Double Pane Windows
  • Living Room with Fireplace
  • 2 Fireplaces
  • Formal Dining Room
  • Laundry on main level

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Solid Surface Countertops
  • Built-In or Custom Kitchen Cabinets
  • Utility Sink
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Double Vanity
  • Bathtub with Shower
  • Separate Shower

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Home Security

  • Home Security System
  • Storm Windows
  • Storm Doors
  • Fire and Smoke Detector

Schools

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

Utilities

  • Zoned Heating and Cooling
  • Radiator
  • High-Efficiency Furnace
  • Heating System Uses Gas

Additional Features

  • ADA Inside
  • Energy-Efficient Appliances
  • Covered Patio or Porch
  • Suburban Location

Community Details

  • Laundry Facilities
  • Security Service

Listing and Financial Details

  • Assessor Parcel Number 20-14-31-302-003.000-029

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,697

Year Built

Built in 1916

Lot Details

0

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1916
  • Age: 108
  • Style: Two Story
  • Architectural Style: Colonial, Historic, Georgian
  • Total Number of Rooms: 10
  • Total Number of Rooms Below Grade: 4
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Legal Description: CULPS ORIG LOT 37
  • Parcel Number ID: 20-14-31-302-003.000-029
  • Platted: Yes
  • Amenities: 1st Bdrm En Suite, ADA Features, Alarm System-Security, Built-In Bookcase, Ceiling-9+, Closet(s) Walk-in, Countertops-Solid Surf, Detector-Smoke, Disposal, Eat-In Kitchen, Garage Door Opener, Landscaped, Natural Woodwork, Open Floor Plan, Porch Covered, Range/Oven Hook Up Gas, Storm Doors, Storm Windows, Twin Sink Vanity, Utility Sink, Stand Up Shower, Tub/Shower Combination, Formal Dining Room, Main Floor Laundry, Sump Pump, Custom Cabinetry
  • Grid: 60 Elkhart Co.
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Sp Lp Percent: 78.23
  • Year Taxes Payable: All 22/23 taxes due are payable at closi
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 2784
  • Total Finished Sq Ft: 2784
  • Above Grade Finished Sq Ft: 2784
  • Price Per Sq Ft: 109.55
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Basement Material: Poured Concrete
  • Number Of Fireplaces: 2
  • Fireplace: Family Rm, Living/Great Rm, Wood Burning
  • Fireplace: Yes
  • Flooring: Hardwood Floors, Carpet, Laminate, Tile
  • Living Great Room: Dimensions: 27x14, On Level: Main
  • Kitchen: Dimensions: 14x14, On Level: Main
  • Dining Room: Dimensions: 16x14, On Level: Main
  • Family Room: Dimensions: 19x16, On Level: Main
  • Extra Room: Landing area/office, On Level: Upper
  • Bedroom 1: Dimensions: 14x19, On Level: Upper
  • Bedroom 2: Dimensions: 14x14, On Level: Upper
  • Bedroom 3: Dimensions: 10x13, On Level: Upper
  • Main Level Sq Ft: 1608
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Brick
  • Roof Material: Asphalt, Shingle
  • Outbuilding1: None

Garage/Parking

  • Driveway: Asphalt
  • Garage Type: Detached
  • Garage Number Of Cars: 1
  • Garage Size: Dimensions: 25x12
  • Garage Sq Ft: 300
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Radiator
  • Sewer: City
  • Water Utilities: City
  • Electric Company: NIPSCO
  • Gas Company: NIPSCO
  • Hvac: Ceiling Fan, High Efficiency Furnace, Zoned Air Condtioning

Condo/Co-op/Association

  • Common Amenities: Laundry Facilities, Security, Sidewalks

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 66X132
  • Estimated Lot Sq Ft: 8712
  • Estimated Lot Size Acres: 0.2

Green Features

  • Energy Efficient: Appliances
  • Energy Efficient Windows/Doors: Double Pane Windows, Storm Doors

Tax Info

  • Annual Taxes: 3697

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 13, 2023
Closed on
Jan 22, 2024
Sold by
Barbara A Keck Revocable Trust
Bought by
Skaggs Landis A and Skaggs Shawn M
Seller's Agent
Pam Sellers
Wawasee Sails & Rentals
Buyer's Agent
Mary Dale
Coldwell Banker Real Estate Group
List Price
$399,900
Sold Price
$305,000
Premium/Discount to List
-$94,900
-23.73%
Views
256
Current Estimated Value
$306,351

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,351
Avg. Annual Appreciation
0.26%
Original Mortgage
$289,750
Outstanding Balance
$284,756
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$21,595

Purchase Details

Closed on
Dec 30, 2019
Sold by
Yoder Eric J and Yoder Katie E
Bought by
Barbara A Keck Revocable Trust

Purchase Details

Closed on
Jun 4, 2010
Sold by
Yoder Eric J
Bought by
Yoder Eric J and Yoder Katie E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$14,000
Interest Rate
5.05%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 25, 2007
Sold by
Widmoyer Donna Bell
Bought by
Yoder Eric J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
6.66%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Skaggs Landis A $305,000 Heritage Parke Title
Barbara A Keck Revocable Trust -- Near North Title Group
Yoder Eric J -- Heritage Parke Title Llc
Yoder Eric J -- Heritage Parke Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Skaggs Landis A $289,750
Previous Owner Yoder Eric J $14,000
Previous Owner Yoder Eric J $108,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/23/2024 01/23/24 Sold $305,000 -21.8% $110 / Sq Ft
01/16/2024 01/16/24 Pending -- -- --
12/01/2023 12/01/23 Price Changed $389,900 -2.5% $140 / Sq Ft
09/13/2023 09/13/23 For Sale $399,900 -- $144 / 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 $3,955 $207,300 $13,200 $194,100
2022 $3,955 $212,800 $13,200 $199,600
2021 $3,537 $170,300 $13,200 $157,100
2020 $1,672 $234,100 $13,200 $220,900
2019 $2,146 $205,100 $13,200 $191,900
2018 $1,535 $147,800 $13,400 $134,400
2017 $1,437 $143,500 $13,400 $130,100
2016 $1,456 $145,200 $13,400 $131,800
2014 $1,234 $123,200 $13,400 $109,800
2013 $1,234 $123,200 $13,400 $109,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202333502

Indiana Regional MLS

APN: 20-14-31-302-003.000-029