NOT LISTED FOR SALE

501 N Locke St Nappanee, IN 46550

Estimated Value: $218,000 - $258,000

3 Beds
1 Bath
1,920 Sq Ft
$124/Sq Ft Est. Value

Last Sold December 05, 2017

Last sale price $22,000 $11 Per Sq Ft

Est. 978% increase in value since last sale

Current estimated payment $1,438/month

63 Days on Market

Highlights

  • Traditional Architecture
  • Formal Dining Room
  • Forced Air Heating System
  • NorthWood High School Rated A-
  • 2 Car Detached Garage
  • Level Lot

About This Home

As of December 2017

1.5 story style home located in Nappanee. This home features a detached garage and deck. 3 bedrooms, 1 full bath, full unfinished basement. Property is in need of repairs and updates, this is a fixer upper project in a nice location. No showings or access permitted unless hold harmless agreement is signed and approved by seller.

Last Agent to Sell the Property

Deanna Wilcox

Realty Experts LLC Listed on: 09/25/2017

Realty Experts LLC

Last Buyer's Agent

ECBOR NonMember

NonMember ELK

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1900

Lot Details

  • 9,235 Sq Ft Lot
  • Lot Dimensions are 70x132
  • Level Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Traditional Architecture
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 1.5-Story Property
  • Formal Dining Room

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Location

  • Suburban Location

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 20-13-36-233-009.000-021

Home Details

Home Type

Single Family

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1900
  • Style: One and Half Story
  • Architectural Style: Traditional
  • Bedrooms: 3
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: ESHELMANS LOT 35 & S 4FT LOT 34
  • Parcel Number ID: 20-13-36-233-009.000-021
  • Platted: Yes
  • Amenities: Formal Dining Room
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Special Features: None

Interior Features

  • Total Sq Ft: 3148
  • Total Finished Sq Ft: 1920
  • Above Grade Finished Sq Ft: 1920
  • Below Grade Sq Ft: 1228
  • Basement: Yes
  • Basement Foundation: Full Basement, Unfinished
  • Basement Material: Block
  • Flooring: Carpet, Vinyl
  • Living Great Room: On Level: Main
  • Kitchen: On Level: Main
  • Dining Room: On Level: Main
  • Bedroom 1: Dimensions: 10x12, On Level: Main
  • Bedroom 2: Dimensions: 10x10, On Level: Upper
  • Bedroom 3: Dimensions: 10x10, On Level: Upper
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 1228

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Outbuilding1: None

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 15x20

Utilities

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 70x132
  • Estimated Lot Sq Ft: 9235
  • Estimated Lot Size Acres: 0.212

Tax Info

  • Annual Taxes: 1716

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 30, 2019
Sold by
Lorneli Mauricio
Bought by
Olson Samuel J and Olson Alexa B
Current Estimated Value
$237,248

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,500
Outstanding Balance
$115,034
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$122,214

Purchase Details

Listed on
Sep 25, 2017
Closed on
Nov 28, 2017
Sold by
Atlantica Llc
Bought by
Lomeli Mauricio
Seller's Agent
Deanna Wilcox
Realty Experts LLC
Buyer's Agent
ECBOR NonMember
NonMember ELK
List Price
$37,900
Sold Price
$22,000
Premium/Discount to List
-$15,900
-41.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.72%

Purchase Details

Closed on
Aug 31, 2016
Sold by
Dickson Brent L
Bought by
Cerastes Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Olson Samuel J -- Near North Title Group
Lomeli Mauricio $22,000 None Available
Atlantica Llc -- None Available
Cerastes Llc $27,920 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Olson Samuel J $130,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/05/2017 12/05/17 Sold $22,000 -42.0% $11 / Sq Ft
11/27/2017 11/27/17 Pending -- -- --
09/25/2017 09/25/17 For Sale $37,900 -- $20 / 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 $2,222 $214,600 $15,400 $199,200
2022 $2,222 $197,500 $15,400 $182,100
2021 $1,946 $187,800 $15,400 $172,400
2020 $1,769 $170,600 $15,400 $155,200
2019 $247 $30,800 $15,400 $15,400
2018 $546 $26,200 $15,400 $10,800
2017 $1,796 $89,800 $15,400 $74,400
2016 $2,070 $85,800 $15,400 $70,400
2014 $1,083 $108,300 $15,400 $92,900
2013 $1,083 $108,300 $15,400 $92,900
Source: Public Records

Agents Affiliated with this Home

  • Deanna Wilcox

    Seller's Agent in 2017

    Deanna Wilcox

    Realty Executives

    (574) 202-7653

    85 Total Sales

    Deanna Wilcox
    Section Image

  • E

    Buyer's Agent in 2017

    ECBOR NonMember

    NonMember ELK

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Map

Source: Indiana Regional MLS

MLS Number: 201744545

Indiana Regional MLS

APN: 20-13-36-233-009.000-021

Indiana Elkhart County Nappanee 46550

501 N Locke St, Nappanee, IN

Not Listed for Sale

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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