NOT LISTED FOR SALE

26503 County Road 54 Nappanee, IN 46550

Estimated Value: $581,649 - $734,000

5 Beds
2.5 Baths
3,640 Sq Ft
$176/Sq Ft Est. Value

Sale Details

Date Sold: January 3, 2024

Last sale price $545,000 $150 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $3,769 / mo

24 Days on Market

Highlights

  • Horse Facilities
  • 3 Acre Lot
  • Great Room
  • NorthWood High School Rated A-
  • Traditional Architecture
  • Covered Patio or Porch

About This Home

As of January 2024

Beautiful, well cared home located on 3 acres just outside of Nappanee. This spacious home offers 3640 finished sq ft, plus full unfinished basement with 5 bedrooms, 2.5 bath. This home features custom kitchen with plenty of storage and pantry and also additional kitchen in oversized great room , office/den, wood burning fireplace in living room, and more. The outdoor space is beautiful with plenty of garden areas, pasture area, pole building with stables, 2 sheds, oversized deck (700 sq ft) to enjoy the outdoors with plenty of room for entertaining. Generator in pole building, along with plenty of extra storage room and workshop. This home and all it has to offer is a must see. Currently an Amish home but electric is still in place and could be reconnected.

Last Agent to Sell the Property

Amy Cavender

eXp Realty, LLC Listed on: 11/13/2023

eXp Realty, LLC

Last Buyer's Agent

Amy Cavender

eXp Realty, LLC Listed on: 11/13/2023

eXp Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,694

Year Built

  • Built in 1991

Lot Details

  • 3 Acre Lot
  • Rural Setting
  • Level Lot

Home Design

  • Traditional Architecture
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 1.5-Story Property
  • Wood Burning Fireplace
  • Great Room
  • Living Room with Fireplace
  • Workshop

Kitchen

  • Kitchenette
  • Eat-In Kitchen
  • Breakfast Bar

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Double Vanity
  • Bathtub With Separate Shower Stall
  • Garden Bath

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Schools

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

Utilities

  • Heating System Uses Gas
  • Whole House Permanent Generator
  • Private Company Owned Well
  • Well
  • Septic System

Additional Features

  • Covered Patio or Porch
  • Pasture

Community Details

  • Community Playground
  • Horse Facilities

Listing and Financial Details

  • Assessor Parcel Number 20-14-29-451-013.000-028

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,694

Year Built

Built in 1991

Lot Details

3 Acres

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1991
  • Style: One and Half Story
  • Architectural Style: Traditional
  • Bedrooms: 5
  • Total Bathrooms: 3
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Legal Description: PT W 1/2 SE 1/4 &A PT E 1/2 SW 1/4 Sec 29 3.001
  • Parcel Number ID: 20-14-29-451-013.000-028
  • Platted: Yes
  • Amenities: Breakfast Bar, Deck Open, Eat-In Kitchen, Garden Tub, Generator-Whole House, Porch Covered, Twin Sink Vanity, Kitchenette, Stand Up Shower, Tub and Separate Shower, Workshop, Great Room, Sump Pump
  • Grid: 60 Elkhart Co.
  • Location: Rural
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 4585
  • Total Finished Sq Ft: 3640
  • Above Grade Finished Sq Ft: 3640
  • Below Grade Sq Ft: 945
  • Basement: Yes
  • Basement Foundation: Full Basement, Unfinished
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm, Wood Burning
  • Fireplace: Yes
  • Living Great Room: Dimensions: 18x13, On Level: Main
  • Kitchen: Dimensions: 19x12, On Level: Main
  • Family Room: Dimensions: 37x38, On Level: Main
  • Den: Dimensions: 16x15, On Level: Main
  • Bedroom 1: Dimensions: 12x13, On Level: Main
  • Bedroom 2: Dimensions: 15x12, On Level: Upper
  • Bedroom 3: Dimensions: 10x11, On Level: Upper
  • Bedroom 4: Dimensions: 12x11, On Level: Upper
  • Bedroom 5: Dimensions: 12x11, On Level: Upper
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 945

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Outbuilding1: Pole/Post Building, Dimensions: 64x36
  • Outbuilding2: Shed, Dimensions: 12x14, 168

Utilities

  • Heating Fuel: Gas
  • Sewer: Septic
  • Water Utilities: Well
  • Well Type: Private

Condo/Co-op/Association

  • Common Amenities: Horse Facilities, Swing Set

Schools

  • Elementary School: Nappanee

Lot Info

  • Lot Description: Level, Pasture
  • Estimated Lot Sq Ft: 130680
  • Estimated Lot Size Acres: 3

Tax Info

  • Annual Taxes: 4693.92
  • Exemptions: Homestead, Supplemental

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
Nov 13, 2023
Closed on
Dec 27, 2023
Sold by
Schwartz Edwin A and Hannah Elaine
Bought by
Raasch Michael Jonathan
Seller's Agent
Amy Cavender
eXp Realty, LLC
Buyer's Agent
Amy Cavender
eXp Realty, LLC
List Price
$589,000
Sold Price
$545,000
Premium/Discount to List
-$44,000
-7.47%
Views
53
Current Estimated Value
$641,662

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,662
Avg. Annual Appreciation
7.39%

Purchase Details

Closed on
Jan 14, 2010
Sold by
Freymiller Susan L
Bought by
Schwartz Edwin A and Schwartz Hannah Elaine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
4.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 17, 2009
Sold by
Freymiller Gary E
Bought by
Freymiller Susan L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,500
Interest Rate
5.43%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
Raasch Michael Jonathan -- None Listed On Document
Schwartz Edwin A -- Heritage Parke Title Llc
Freymiller Susan L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schwartz Edwin A $160,000
Previous Owner Freymiller Susan L $99,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/03/2024 01/03/24 Sold $545,000 -7.5% $150 / Sq Ft
12/07/2023 12/07/23 Pending -- -- --
11/13/2023 11/13/23 For Sale $589,000 -- $162 / 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 $4,406 $674,500 $54,900 $619,600
2024 $4,411 $493,200 $54,900 $438,300
2022 $4,411 $466,300 $54,900 $411,400
2021 $3,867 $367,600 $54,900 $312,700
2020 $3,641 $348,000 $54,900 $293,100
2019 $3,359 $324,600 $54,900 $269,700
2018 $3,309 $314,600 $54,900 $259,700
2017 $2,304 $236,900 $54,900 $182,000
2016 $2,295 $230,600 $54,900 $175,700
2014 $2,307 $214,600 $27,700 $186,900
2013 $2,481 $214,600 $27,700 $186,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202341744

Indiana Regional MLS

APN: 20-14-29-451-013.000-028

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