$40,000
SOLD JUL 11, 2014

313 S Main St Nappanee, IN 46550

3 Beds
1 Bath
940 Sq Ft
0.94 Acres

Recently Sold

$43 Per Sq Ft

31% Below List Price

319 Days on Market

Highlights

  • Covered patio or porch
  • Double Pane Windows
  • Level Lot
  • NorthWood High School Rated A-
  • Forced Air Heating System
  • Carpet

About This Home

As of July 2018

Great investment property or starter home. Located within walking distance of downtown Nappanee. Newer siding, roof & gutters 3 yrs. old, water heater 2 yrs. old. Most windows updated to vinyl replacements. Covered front porch, also, back patio. Home is currently used as a rental property. Parking in rear or off street in the front.

Last Agent to Sell the Property

Keith Kaufman

Coldwell Banker Real Estate Group Listed on: 08/13/2013

Coldwell Banker Real Estate Group

Last Buyer's Agent

Michaela Roth

Coldwell Banker Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $844

Year Built

  • Built in 1920

Lot Details

  • 0.94 Acre Lot
  • Lot Dimensions are 31x132
  • Level Lot

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 1.5-Story Property
  • Double Pane Windows
  • Insulated Windows
  • Partially Finished Basement

Flooring

  • Parquet
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Covered patio or porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 20-14-31-307-005.000-029

Home Details

Home Type

Single Family

Est. Annual Taxes

$844

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1920
  • Age: 94
  • Style: One and Half Story
  • Total Number of Rooms: 7
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: Hartman Bros S Less 36 Ft. Lot 346 (TIF 81)
  • Parcel Number ID: 20-14-31-307-005.000-029
  • Platted: Yes
  • Amenities: Patio Open, Porch Covered
  • Grid: 60 Elkhart Co.
  • Sp Lp Percent: 75.61
  • Special Features: None

Interior Features

  • Total Sq Ft: 1660
  • Total Finished Sq Ft: 940
  • Above Grade Finished Sq Ft: 940
  • Below Grade Sq Ft: 720
  • Price Per Sq Ft: 42.55
  • Basement Foundation: Partial Basement
  • Flooring: Carpet, Parquet, Vinyl
  • Living Great Room: Dimensions: 15x12, On Level: Main
  • Kitchen: Dimensions: 12x11, On Level: Main
  • Bedroom 1: Dimensions: 8x11, On Level: Main
  • Bedroom 2: Dimensions: 15x11, On Level: Upper
  • Bedroom 3: Dimensions: 15x11, On Level: Upper
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 720

Exterior Features

  • Exterior: Vinyl
  • Outbuilding1: None

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 31x132
  • Estimated Lot Sq Ft: 40946
  • Estimated Lot Size Acres: 0.94
  • Zoning: R Residential

Green Features

  • Energy Efficient Windows/Doors: Double Pane Windows, Insulated Glass Windows

Tax Info

  • Annual Taxes: 844

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2017
Closed on
Jul 5, 2018
Sold by
Sharp Ashley R
Bought by
Nickerson Scott
Buyer's Agent
ECBOR NonMember
NonMember ELK
List Price
$69,900
Sold Price
$53,900
Premium/Discount to List
-$16,000
-22.89%
Current Estimated Value
$140,839

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,939
Avg. Annual Appreciation
14.86%
Original Mortgage
$52,923
Outstanding Balance
$46,437
Interest Rate
4.6%
Mortgage Type
FHA
Estimated Equity
$97,467

Purchase Details

Listed on
Nov 2, 2017
Closed on
Jul 3, 2018
Sold by
Sharp Ashley R
Bought by
Nickerson Scott
Buyer's Agent
ECBOR NonMember
NonMember ELK
List Price
$69,900
Sold Price
$53,900
Premium/Discount to List
-$16,000
-22.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,923
Outstanding Balance
$46,437
Interest Rate
4.6%
Mortgage Type
FHA
Estimated Equity
$97,467

Purchase Details

Listed on
Aug 13, 2013
Closed on
Jul 11, 2014
Sold by
Hershberger Trent and Hershberger Sheila
Bought by
Sharp Ashley R
Seller's Agent
Keith Kaufman
Coldwell Banker Real Estate Group
Buyer's Agent
Michaela Roth
Coldwell Banker Real Estate Group
List Price
$57,900
Sold Price
$40,000
Premium/Discount to List
-$17,900
-30.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.78%

Purchase Details

Listed on
Aug 13, 2013
Closed on
Jul 10, 2014
Sold by
Slabaugh Larry L
Bought by
Hershberger Trent and Hershberger Sheila
Seller's Agent
Keith Kaufman
Coldwell Banker Real Estate Group
Buyer's Agent
Michaela Roth
Coldwell Banker Real Estate Group
List Price
$57,900
Sold Price
$40,000
Premium/Discount to List
-$17,900
-30.92%

Purchase Details

Closed on
Apr 30, 2004
Sold by
Slabaugh Larry L
Bought by
Hershberger Trent and Hershberger Sheila
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 Type Sale Price Title Company
Warranty Deed $53,452 New Title Company Name
Warranty Deed $53,452 New Title Company Name
Warranty Deed -- None Available
Warranty Deed -- None Available
Contract Of Sale -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $52,923 FHA
Closed $52,923 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2018 07/03/18 Sold $53,900 0.0% $57 / Sq Ft
06/04/2018 06/04/18 Pending -- -- --
05/02/2018 05/02/18 Price Changed $53,900 -22.9% $57 / Sq Ft
11/02/2017 11/02/17 For Sale $69,900 +74.8% $74 / Sq Ft
07/11/2014 07/11/14 Sold $40,000 -30.9% $43 / Sq Ft
06/28/2014 06/28/14 Pending -- -- --
08/13/2013 08/13/13 For Sale $57,900 -- $62 / 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 $735 $95,000 $6,200 $88,800
2022 $735 $80,000 $6,200 $73,800
2021 $454 $64,400 $6,200 $58,200
2020 $425 $60,800 $6,200 $54,600
2019 $363 $53,600 $6,200 $47,400
2018 $395 $48,800 $6,300 $42,500
2017 $377 $45,700 $6,300 $39,400
2016 $381 $45,700 $6,300 $39,400
2014 $364 $42,000 $6,300 $35,700
2013 $840 $42,000 $6,300 $35,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 676699

Indiana Regional MLS

APN: 20-14-31-307-005.000-029