NOT LISTED FOR SALE

502 N Elm St Nappanee, IN 46550

Estimated Value: $179,000 - $234,000

3 Beds
1.5 Baths
1,704 Sq Ft
$124/Sq Ft Est. Value

Last Sold September 23, 2022

Last sale price $154,200 $90 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $1,263/month

49 Days on Market

Highlights

  • Corner Lot
  • Tile Flooring
  • Wood Burning Fireplace
  • NorthWood High School Rated A-
  • Forced Air Heating and Cooling System

About This Home

As of September 2022

Come check out this charming home with loads of potential before it’s gone! This home has 3 bedrooms, 1.5 baths, brand new central air, an oversized living room with a wood burning fireplace, and so much more. Home has been partially remodeled and features many new updates. Don’t miss out!

Last Agent to Sell the Property

Nathan Banga

Banga Realty, LLC Listed on: 06/30/2022

Last Buyer's Agent

Wanda Balsley

COLLINS and CO. REALTORS - BREMEN

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,488

Year Built

  • Built in 1910

Lot Details

  • 8,712 Sq Ft Lot
  • Corner Lot

Home Design

  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 1.5-Story Property
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Unfinished Basement
  • Basement Cellar
  • Laundry on main level

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

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

Additional Features

  • Suburban Location
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 20-14-31-107-009.000-029

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,488

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1910
  • Age: 112
  • Style: One and Half Story
  • Total Number of Rooms: 6
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 1
  • Total Number of Half Bathrooms: 1
  • Legal Description: BLK:107 DIST:0014 CITY/MUNI/TWP:UNION TOWNSHIP BEST & MELLINGER LOT 325
  • Parcel Number ID: 20-14-31-107-009.000-029
  • Platted: Yes
  • Amenities: Main Floor Laundry
  • Location: City/Town/Suburb
  • Sp Lp Percent: 93.45
  • Year Taxes Payable: 2020
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 2400
  • Total Finished Sq Ft: 1704
  • Above Grade Finished Sq Ft: 1704
  • Below Grade Sq Ft: 696
  • Price Per Sq Ft: 90.49
  • Basement: Yes
  • Basement Foundation: Cellar, Unfinished
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm, Wood Burning
  • Fireplace: Yes
  • Flooring: Laminate, Tile
  • Living Great Room: Dimensions: 25x15, On Level: Upper
  • Kitchen: Dimensions: 13x9, On Level: Main
  • Dining Room: Dimensions: 13x12, On Level: Main
  • Den: Dimensions: 13x12, On Level: Main
  • Bedroom 1: Dimensions: 13x13, On Level: Upper
  • Bedroom 2: Dimensions: 12x12, On Level: Upper
  • Bedroom 3: Dimensions: 12x9, On Level: Upper
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 696

Exterior Features

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

Utilities

  • Cooling: Central Air
  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City
  • Laundry: Dimensions: Mainx5, On Level: 8

Condo/Co-op/Association

  • Common Amenities: Sidewalks

Schools

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

Lot Info

  • Lot Description: Corner
  • Lot Dimensions: 8712 sq ft
  • Estimated Lot Sq Ft: 8712
  • Estimated Lot Size Acres: 0.2

Tax Info

  • Annual Taxes: 2488

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
Jun 30, 2022
Closed on
Sep 23, 2022
Sold by
Chicago Assets Llc
Bought by
Ballog Seth
Seller's Agent
Nathan Banga
Banga Realty, LLC
Buyer's Agent
Wanda Balsley
COLLINS and CO. REALTORS - BREMEN
List Price
$165,000
Sold Price
$154,200
Premium/Discount to List
-$10,800
-6.55%
Current Estimated Value
$210,704

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,504
Avg. Annual Appreciation
10.85%
Original Mortgage
$149,550
Outstanding Balance
$143,214
Interest Rate
5.55%
Mortgage Type
New Conventional
Estimated Equity
$67,490

Purchase Details

Closed on
Nov 8, 2021
Sold by
Fna Dz Llc
Bought by
Chicago Assets Llc

Purchase Details

Closed on
Oct 20, 2021
Sold by
Fna Dz Llc
Bought by
Chicago Assets Llc

Purchase Details

Closed on
Mar 24, 2021
Sold by
Heyse Kandi J
Bought by
Fna Dz Llc
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
Ballog Seth -- Inspired Title Services Llc
Chicago Assets Llc $75,000 Richards Scott
Chicago Assets Llc $75,000 None Available
Fna Dz Llc $50,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ballog Seth $149,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2022 09/23/22 Sold $154,200 -6.5% $90 / Sq Ft
08/18/2022 08/18/22 Pending -- -- --
07/28/2022 07/28/22 For Sale $165,000 0.0% $97 / Sq Ft
07/02/2022 07/02/22 Pending -- -- --
06/30/2022 06/30/22 For Sale $165,000 -- $97 / 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 $1,753 $183,100 $23,100 $160,000
2022 $1,753 $129,400 $23,100 $106,300
2021 $2,687 $129,400 $23,100 $106,300
2020 $2,488 $119,500 $23,100 $96,400
2019 $2,378 $114,100 $23,100 $91,000
2018 $2,319 $110,700 $21,100 $89,600
2017 $2,075 $103,300 $21,100 $82,200
2016 $2,009 $100,000 $21,100 $78,900
2014 $2,090 $104,100 $21,100 $83,000
2013 $2,090 $104,100 $21,100 $83,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202226748

Indiana Regional MLS

APN: 20-14-31-107-009.000-029