NOT LISTED FOR SALE

402 N Main St Nappanee, IN 46550

Estimated Value: $272,000 - $314,000

5 Beds
3.5 Baths
3,713 Sq Ft
$80/Sq Ft Est. Value

Last Sold November 10, 2021

Last sale price $215,000 $58 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $1,939/month

61 Days on Market

Highlights

  • Traditional Architecture
  • Skylights
  • In-Law or Guest Suite
  • NorthWood High School Rated A-
  • 2 Car Attached Garage
  • Tile Flooring

About This Home

As of November 2021

This is an elegant 5 BR 3 bath home in Nappanee and often suggested it is the most photographed home in Elkhart County. The home is most interesting and a must see to appreciate the style. The home includes a library, shop, a Greenhouse/Potting Shed and storage shed. The authentic charm of yester year can be seen in the woodwork, pocket doors, marble floors, stained glass windows and general style of the home. The home is a short walk to downtown Nappanee.

Last Listed By

Charles Mills

Homes Land & Lakes Realty Listed on: 07/24/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,511

Year Built

  • Built in 1866

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 74 x 145
  • Decorative Fence
  • Level Lot
  • Historic Home

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Poured Concrete
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Skylights
  • Gas Log Fireplace
  • Partially Finished Basement
  • 2 Bedrooms in Basement
  • Disposal
  • Gas Dryer Hookup

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • In-Law or Guest Suite

Location

  • Suburban Location

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

  • Assessor Parcel Number 20-13-36-234-025.000-021

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,511

Year Built

Built in 1866

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1866
  • Age: 155
  • Style: Two Story
  • Architectural Style: Historic, Traditional
  • Total Number of Rooms: 13
  • Total Number of Rooms Below Grade: 2
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 5
  • Total Bathrooms: 4
  • Total Full Bathrooms: 3
  • Total Number of Half Bathrooms: 1
  • Legal Description: IN E 1/2 NE Sec 36 .29A
  • Parcel Number ID: 20-13-36-234-025.000-021
  • Platted: Yes
  • Amenities: Disposal, Dryer Hook Up Gas, Guest Quarters, Skylight(s)
  • Grid: Elkhart
  • Location: City/Town/Suburb
  • Sp Lp Percent: 89.96
  • Year Taxes Payable: 2021
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 4062
  • Total Finished Sq Ft: 3713
  • Above Grade Finished Sq Ft: 3463
  • Below Grade Finished Sq Ft: 250
  • Below Grade Sq Ft: 349
  • Price Per Sq Ft: 62.08
  • Basement: Yes
  • Basement Foundation: Slab, Partial Basement, Partially Finished
  • Basement Material: Poured Concrete
  • Number Of Fireplaces: 1
  • Fireplace: Den, Gas Log
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Vinyl
  • Living Great Room: Dimensions: 24x24, On Level: Main
  • Kitchen: Dimensions: 27x13, On Level: Main
  • Dining Room: Dimensions: 21x13, On Level: Main
  • Family Room: Dimensions: 15x13, On Level: Main
  • Den: Dimensions: 21x12, On Level: Main
  • Recreation Room: Dimensions: 20x11, On Level: Lower
  • Bedroom 1: Dimensions: 19x12, On Level: Main
  • Bedroom 2: Dimensions: 13x10, On Level: Main
  • Bedroom 3: Dimensions: 11x11, On Level: Upper
  • Bedroom 4: Dimensions: 13x11, On Level: Upper
  • Bedroom 5: Dimensions: 11x10, On Level: Upper
  • Other Room1: Shop, Dimensions: 23x10
  • Number of Main Level Full Bathrooms: 2
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 599

Exterior Features

  • Exterior: Brick, Wood
  • Outbuilding1: Greenhouse, Dimensions: 11x10
  • Fence: Decorative
  • Outbuilding2: Shed, Dimensions: 12x9, 108

Garage/Parking

  • Driveway: Concrete
  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 24x17
  • Garage Sq Ft: 408
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: NIPSCO
  • Gas Company: NIPSCO
  • Hvac: Ceiling Fan
  • Laundry: Dimensions: Lowerx9, On Level: 10

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: 74 x 145
  • Estimated Lot Sq Ft: 12632
  • Estimated Lot Size Acres: 0.29

Tax Info

  • Annual Taxes: 2511
  • Exemptions: Homestead

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
Jul 24, 2021
Closed on
Nov 10, 2021
Sold by
Slabaugh Mikel S
Bought by
Murrin Derek L
Seller's Agent
Charles Mills
Homes Land & Lakes Realty
Buyer's Agent
Diana Martin
NonMember MEIAR
List Price
$245,000
Sold Price
$215,000
Premium/Discount to List
-$30,000
-12.24%
Total Days on Market
61
Current Estimated Value
$298,290

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,290
Avg. Annual Appreciation
12.22%
Original Mortgage
$217,171
Outstanding Balance
$202,357
Interest Rate
3.01%
Mortgage Type
New Conventional
Estimated Equity
$118,384

Purchase Details

Closed on
Nov 30, 2016
Sold by
Ingle Kimberly A
Bought by
Slabaugh Mikel S

Purchase Details

Closed on
Sep 3, 2008
Sold by
Slabaugh Lois Marie
Bought by
Slabaugh Lois Marie and Slabaugh Billy E

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
Murrin Derek L $215,000 None Available
Slabaugh Mikel S -- None Available
Slabaugh Lois Marie -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Murrin Derek L $217,171
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2021 11/10/21 Sold $215,000 -10.0% $58 / Sq Ft
08/24/2021 08/24/21 Price Changed $239,000 -2.4% $64 / Sq Ft
07/24/2021 07/24/21 For Sale $245,000 -- $66 / 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 $3,339 $299,900 $16,400 $283,500
2022 $3,339 $264,100 $16,400 $247,700
2021 $2,770 $249,900 $16,400 $233,500
2020 $2,511 $226,500 $16,400 $210,100
2019 $2,211 $210,400 $16,400 $194,000
2018 $1,848 $175,900 $16,400 $159,500
2017 $1,615 $159,900 $16,400 $143,500
2016 $1,534 $151,800 $16,400 $135,400
2014 $1,035 $102,100 $16,400 $85,700
2013 $1,035 $102,100 $16,400 $85,700
Source: Public Records

Agents Affiliated with this Home

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Source: Indiana Regional MLS

MLS Number: 202129953

Indiana Regional MLS

APN: 20-13-36-234-025.000-021