NOT LISTED FOR SALE

252 N Elm St Nappanee, IN 46550

Estimated Value: $187,000 - $229,000

7 Beds
3.5 Baths
3,090 Sq Ft
$68/Sq Ft Est. Value

Last Sold March 31, 2015

Last sale price $80,000 $26 Per Sq Ft

Est. 162% increase in value since last sale

Current estimated payment $1,393/month

Highlights

  • Shed
  • Forced Air Heating and Cooling System
  • Carpet
  • NorthWood High School Rated A-
  • Level Lot

About This Home

As of March 2015

Investor's dream property. Residential home plus 2 unit detached building. Home is in rough condition (no flooring & full bath is not finished). Cash Only. Pending at print

Last Agent to Sell the Property

Mary Dale

Coldwell Banker Real Estate Group Listed on: 03/01/2015

Coldwell Banker Real Estate Group

Last Buyer's Agent

Mary Dale

Coldwell Banker Real Estate Group Listed on: 03/01/2015

Coldwell Banker Real Estate Group

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 5,793 Sq Ft Lot
  • Level Lot

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Basement
  • Michigan Basement
  • Laundry in Kitchen

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 7 Bedrooms

Parking

  • 3 Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Shed

Schools

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

Utilities

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

Listing and Financial Details

  • Tenant pays for building insurance, cooling, deposit value, electric, heating, snow removal, trash collection, water
  • The owner pays for tax
  • Assessor Parcel Number 20-14-31-157-008.000-029

Community Details

Overview

  • 2 Buildings
  • 3 Units

Pet Policy

  • Pet Restriction

Building Details

  • Insurance Expense $2,000
  • Water Sewer Expense $46

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Year Built: 1900
  • Age: 115
  • Style: One and Half Story
  • Bedrooms: 7
  • Number Above Grade Bedrooms: 7
  • Total Bathrooms: 4
  • Total Full Bathrooms: 3
  • Total Number of Half Bathrooms: 1
  • Legal Description: HARTMANS 1ST 44X88FT SE COR; LOT 28 | HARTMANS 1ST 44X44FT SW COR; LOT 28
  • Parcel Number ID: 20-14-31-157-008.000-029
  • Platted: Yes
  • Amenities: Off Street Parking
  • Inside City Limits: Yes
  • Parcel Id2: 201431157009000029
  • Sp Lp Percent: 80
  • Monthly Gross Income: 1650
  • Year Taxes Payable: 2013 pay 14
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 3714
  • Total Finished Sq Ft: 3090
  • Above Grade Finished Sq Ft: 3090
  • Below Grade Sq Ft: 624
  • Price Per Sq Ft: 25.89
  • Basement: Yes
  • Basement Foundation: Michigan Basement
  • Flooring: Carpet, Mixed, Unfinished, Vinyl
  • Total Below Grade Sq Ft: 624
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Aluminum, Vinyl
  • Stories: 2
  • Outbuilding: Shed
  • Outbuilding Sq Ft: 80

Garage/Parking

  • Number Of Parking Spaces: 3

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 2000
  • Annual Water Sewer Expense: 45.6
  • Number Of W D Hookups: 3

Condo/Co-op/Association

  • Pet Restrictions: Yes

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: 44x88,44x44
  • Estimated Lot Sq Ft: 5793
  • Estimated Lot Size Acres: 0.133

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Tax
  • Tenant Pays: Building Insurance, Cooling, Deposit Value, Electric, Heating, Snow Removal, Trash Collection, Water

Multi Family

  • Gross Monthly Rent: 1650
  • Number Of Refrigerators: 3
  • Number Of Units: 3
  • Num Of2 Bedrooms: 2
  • Number Of 3 Bedrooms: 1
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 2741

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 1, 2015
Closed on
Mar 31, 2015
Sold by
Schwartz Troy M and Schwartz Tiffiny D
Bought by
C & M Realty Llc
Seller's Agent
Mary Dale
Coldwell Banker Real Estate Group
Buyer's Agent
Mary Dale
Coldwell Banker Real Estate Group
List Price
$100,000
Sold Price
$80,000
Premium/Discount to List
-$20,000
-20%
Current Estimated Value
$209,509

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,509
Avg. Annual Appreciation
9.54%
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
C & M Realty Llc -- Metropolitan Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2015 03/31/15 Sold $80,000 -20.0% $26 / Sq Ft
03/01/2015 03/01/15 Pending -- -- --
03/01/2015 03/01/15 For Sale $100,000 -- $32 / 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 $3,427 $180,600 $4,900 $175,700
2022 $3,427 $159,800 $4,900 $154,900
2021 $2,618 $126,300 $4,900 $121,400
2020 $2,462 $118,500 $4,900 $113,600
2019 $2,155 $103,600 $4,900 $98,700
2018 $1,996 $95,700 $5,000 $90,700
2017 $1,834 $91,700 $5,000 $86,700
2016 $1,834 $91,700 $5,000 $86,700
2014 $1,650 $82,500 $5,000 $77,500
2013 -- $82,500 $5,000 $77,500
Source: Public Records

Agents Affiliated with this Home

  • Mary Dale

    Seller's Agent in 2015

    Mary Dale

    Coldwell Banker Real Estate Group

    (574) 221-9091

    107 in this area

    466 Total Sales

    Mary Dale
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Map

Source: Indiana Regional MLS

MLS Number: 201507932

Indiana Regional MLS

APN: 20-14-31-157-008.000-029

Indiana Elkhart County Nappanee 46550

252 N Elm St, Nappanee, IN

This home is located at 252 N Elm St, Nappanee, IN 46550 since 01 March 2015 and is currently estimated at $209,509, approximately $67 per square foot. This property was built in 1900. 252 N Elm St is a home located in Elkhart County with nearby schools including NorthWood High School, South Side Christian School, and Sunny Meadow 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.

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