NOT LISTED FOR SALE

501 W Market St Nappanee, IN 46550

Estimated Value: $276,000 - $341,460

5 Beds
5 Baths
3,356 Sq Ft
$90/Sq Ft Est. Value

Last Sold April 27, 2017

Last sale price $164,000 $49 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $1,840/month

43 Days on Market

Highlights

  • Primary Bedroom Suite
  • Traditional Architecture
  • Formal Dining Room
  • NorthWood High School Rated A-
  • Corner Lot
  • 2 Car Detached Garage

About This Home

As of April 2017

Updated brick 2-story in Nappanee. All the charm of yesteryear. Hardwood floors on the main level with oak pocket doors separating the living room from the formal dining room. Cherry kitchen cabinets with corian counter tops. Main level master bedroom with half bath. There are 3 spacious bedrooms upstairs with 2 smaller rooms for storage. The full bath and a half bathroom is on this level.There are built-in cabinets. New paint and carpet. Most windows have been updated with vinyl clad insulated windows. The attic area is finished. Could be a 5th bedroom with it's own half bathroom. The lower level has a large family room has a large bar area at one end. There is a bathroom on the lower level too. This home offers lot's of storage. Brick paver patio with privacy fenced yard and detached 2-car garage.

Last Agent to Sell the Property

Micki Olson

Realty Group Resources Listed on: 02/02/2017

Realty Group Resources

Last Buyer's Agent

Micki Olson

Realty Group Resources Listed on: 02/02/2017

Realty Group Resources

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,900

Year Built

  • Built in 1910

Lot Details

  • 6,578 Sq Ft Lot
  • Corner Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2.5-Story Property
  • Built-in Bookshelves
  • Pocket Doors
  • Living Room with Fireplace
  • Formal Dining Room
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Suite

Basement

  • Basement Fills Entire Space Under The House
  • 1 Bathroom in Basement

Outdoor Features

  • Enclosed Patio or Porch

Utilities

  • Hot Water Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 20-13-36-403-003.000-021

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,900

Year Built

Built in 1910

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1910
  • Age: 107
  • Style: Two and Half Story
  • Architectural Style: Traditional
  • Total Number of Rooms: 18
  • Total Number of Rooms Below Grade: 4
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 5
  • Total Bathrooms: 5
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 3
  • Legal Description: Ulines 1st N 2/3 Lot 1 & 8Ft 4In off W Side of S1/3 Lot 1
  • Parcel Number ID: 20-13-36-403-003.000-021
  • Platted: Yes
  • Amenities: Built-In Bookcase, Disposal, Patio Open, Pocket Doors, Porch Enclosed, Main Level Bedroom Suite, Formal Dining Room
  • Cross Street: Metzler Ave
  • Sp Lp Percent: 98.2
  • Special Features: None

Interior Features

  • Total Sq Ft: 4056
  • Total Finished Sq Ft: 3356
  • Above Grade Finished Sq Ft: 2992
  • Below Grade Finished Sq Ft: 364
  • Below Grade Sq Ft: 700
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm
  • Living Great Room: Dimensions: 13x21, On Level: Main
  • Kitchen: Dimensions: 8x12, On Level: Main
  • Breakfast Room: Dimensions: 6x6, On Level: Main
  • Dining Room: Dimensions: 12x13, On Level: Main
  • Family Room: Dimensions: 13x18, On Level: Lower
  • Bedroom 1: Dimensions: 12x16, On Level: Main
  • Bedroom 2: Dimensions: 12x14, On Level: Upper
  • Bedroom 3: Dimensions: 10x14, On Level: Upper
  • Bedroom 4: Dimensions: 11x12, On Level: Upper
  • Bedroom 5: Dimensions: 13x15, On Level: Upper
  • Number Below Grade Bathrooms: 1
  • Number of Below Grade Full Bathrooms: 1
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 1064

Exterior Features

  • Exterior: Brick
  • Outbuilding1: None

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 20x20
  • Garage Sq Ft: 400

Utilities

  • Heating Fuel: Gas, Hot Water
  • Sewer: City
  • Water Utilities: City

Schools

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

Lot Info

  • Lot Description: Corner
  • Lot Dimensions: 66x88 & 16x132
  • Estimated Lot Sq Ft: 6578
  • Estimated Lot Size Acres: 0.151

Tax Info

  • Annual Taxes: 2900
  • Exemptions: Mortgage

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2017
Closed on
Apr 26, 2017
Sold by
Roa Properties Llc
Bought by
Abshire Brian Keith and Abshire Angel Jeaneene
Seller's Agent
Micki Olson
Realty Group Resources
Buyer's Agent
Micki Olson
Realty Group Resources
List Price
$169,900
Sold Price
$164,000
Premium/Discount to List
-$5,900
-3.47%
Current Estimated Value
$300,865

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,865
Avg. Annual Appreciation
7.44%
Original Mortgage
$164,000
Interest Rate
4.23%
Mortgage Type
VA

Purchase Details

Closed on
Aug 11, 2014
Sold by
Newland Kenneth L
Bought by
Newland Kenneth L and Newland Watson Paula Diane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,795
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 4, 2014
Sold by
Myers John W and Myers Mary K
Bought by
Newland Kenneth L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,795
Interest Rate
4.19%
Mortgage Type
New Conventional
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
Abshire Brian Keith -- Fidelity Natl Title Co Llc
Newland Kenneth L -- Stewart Title
Newland Kenneth L -- Stewart Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Abshire Brian Keith $161,288
Closed Abshire Brian Keith $164,000
Previous Owner Newland Kenneth L $164,795
Previous Owner Myers John W $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/27/2017 04/27/17 Sold $164,000 -3.5% $49 / Sq Ft
03/17/2017 03/17/17 Pending -- -- --
02/02/2017 02/02/17 For Sale $169,900 -- $51 / 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 $2,844 $314,100 $11,400 $302,700
2022 $2,844 $256,800 $11,400 $245,400
2021 $2,538 $244,500 $11,400 $233,100
2020 $2,348 $226,200 $11,400 $214,800
2019 $2,174 $209,400 $11,400 $198,000
2018 $1,962 $189,200 $11,400 $177,800
2017 $1,736 $172,200 $11,400 $160,800
2016 $3,288 $164,100 $11,400 $152,700
2014 $1,430 $141,800 $11,400 $130,400
2013 $1,430 $141,800 $11,400 $130,400
Source: Public Records

Agents Affiliated with this Home

  • Micki Olson

    Seller's Agent in 2017

    Micki Olson

    Realty Group Resources

    (574) 596-0402

    4 in this area

    153 Total Sales

    Micki Olson
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Map

Source: Indiana Regional MLS

MLS Number: 201704619

Indiana Regional MLS

APN: 20-13-36-403-003.000-021

Indiana Elkhart County Nappanee 46550

501 W Market St, Nappanee, IN

This home is located at 501 W Market St, Nappanee, IN 46550 since 02 February 2017 and is currently estimated at $300,865, approximately $89 per square foot. This property was built in 1910. 501 W Market 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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