NOT LISTED FOR SALE

502 S Locke St Nappanee, IN 46550

Estimated Value: $165,000 - $171,000

2 Beds
1 Bath
1,120 Sq Ft
$149/Sq Ft Est. Value

Last Sold July 09, 2024

Last sale price $169,000 $151 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $1,018/month

3 Days on Market

Highlights

  • Corner Lot
  • Community Fire Pit
  • Bathtub with Shower
  • NorthWood High School Rated A-
  • 1 Car Attached Garage
  • Tile Flooring

About This Home

As of July 2024

502 S. Locke Street ready and waiting for the next owner! 1100sqft of living space. This 2-3 bedroom home has large windows in the living & dining space allowing tons of natural light! White kitchen cabinetry, stainless steel sink & appliances with butcher block countertops. Main floor laundry & full bath. (Main floor has vinyl planking & new trim). Upstairs there are 2 bedrooms plus a landing with a closet. (Upstairs has new insulation in the walls, drywall and light fixtures). Oversized 1 car attached heated & insulated garage with automatic opener. Fenced in backyard and off street parking! This home sits just steps from the newly updated South Park where hours of fun can be had playing soccer, ziplining or playing on the playground. Welcome to Nappanee!

Last Listed By

Mary Dale

Coldwell Banker Real Estate Group Brokerage Phone: 574-221-9091 Listed on: 05/13/2024

Coldwell Banker Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,062

Year Built

  • Built in 1900

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 66x132
  • Property is Fully Fenced
  • Chain Link Fence
  • Corner Lot
  • Level Lot

Parking

  • 1 Car Attached Garage
  • Gravel Driveway
  • Off-Street Parking

Home Design

  • Shingle Roof
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1.5-Story Property
  • Ceiling Fan
  • Fire and Smoke Detector
  • Gas Oven or Range

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry on main level
  • Washer and Electric Dryer Hookup

Basement

  • Michigan Basement
  • Sump Pump
  • Block Basement Construction
  • Stone or Rock in Basement

Location

  • Suburban Location

Schools

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

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • Community Fire Pit

Listing and Financial Details

  • Assessor Parcel Number 20-13-36-477-005.000-021

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,062

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1900
  • Age: 124
  • Style: One and Half Story
  • Total Number of Rooms: 8
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: SMITHS LOT 14
  • Parcel Number ID: 20-13-36-477-005.000-021
  • Platted: Yes
  • Amenities: Ceiling Fan(s), Detector-Smoke, Dryer Hook Up Electric, Firepit, Range/Oven Hook Up Gas, Tub/Shower Combination, Main Floor Laundry, Sump Pump, Washer Hook-Up
  • Location: City/Town/Suburb
  • Sp Lp Percent: 100
  • Year Taxes Payable: 2023
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1764
  • Total Finished Sq Ft: 1120
  • Above Grade Finished Sq Ft: 1120
  • Below Grade Sq Ft: 644
  • Price Per Sq Ft: 150.89
  • Basement: Yes
  • Basement Foundation: Michigan Basement
  • Basement Material: Block, Stone
  • Flooring: Carpet, Tile, Vinyl
  • Living Great Room: Dimensions: 13x12, On Level: Main
  • Kitchen: Dimensions: 11x10, On Level: Main
  • Dining Room: Dimensions: 12x10, On Level: Main
  • Extra Room: Sitting Area, Dimensions: 12x6, On Level: Main
  • Bedroom 1: Dimensions: 12x10, On Level: Upper
  • Bedroom 2: Dimensions: 10x9, On Level: Upper
  • Loft: Dimensions: 10x8, On Level: Upper
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 644

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt, Shingle
  • Outbuilding1: None
  • Fence: Full, Chain Link

Garage/Parking

  • Driveway: Gravel
  • Garage Type: Attached
  • Garage Number Of Cars: 1
  • Garage Size: Dimensions: 22x15
  • Garage Sq Ft: 330
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

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

Schools

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

Lot Info

  • Lot Description: Corner, Level, 0-2.9999
  • Lot Dimensions: 66X132
  • Estimated Lot Sq Ft: 8712
  • Estimated Lot Size Acres: 0.2
  • Lot Number: 14

Tax Info

  • Annual Taxes: 1062.4
  • 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
May 13, 2024
Closed on
Jul 9, 2024
Sold by
Ruff Austin C
Bought by
Rowland Kylee
Seller's Agent
Mary Dale
Coldwell Banker Real Estate Group
Buyer's Agent
Penny Seegers
Century 21 Circle
List Price
$169,000
Sold Price
$169,000
Total Days on Market
3
Views
14
Current Estimated Value
$166,785

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,215
Avg. Annual Appreciation
-1.60%
Original Mortgage
$165,938
Outstanding Balance
$164,944
Interest Rate
6.87%
Mortgage Type
FHA
Estimated Equity
$1,841

Purchase Details

Closed on
Oct 1, 2020
Sold by
Sanders Samantha I
Bought by
Ruff Austin C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,262
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 29, 2020
Sold by
Sanders Samantha I
Bought by
Ruff Austin C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,262
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 22, 2017
Sold by
Contreras Jimenez Octavio
Bought by
Sanders Samantha I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,919
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 25, 2014
Sold by
Newswanger Leon M
Bought by
Contreras Jimenez Octavio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,693
Interest Rate
4.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 15, 2008
Sold by
Martin Paul R and Martin Judith M
Bought by
Newswanger Leon M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 16, 2004
Sold by
Martin Paul R
Bought by
Martin Paul R and Martin Judith M

Purchase Details

Closed on
Nov 12, 2002
Sold by
Slabaugh June
Bought by
Martin Paul R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

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
Rowland Kylee $169,000 Heritage Parke Title
Ruff Austin C $167,928 Near North Title Group
Ruff Austin C $167,928 Near North Title Group
Sanders Samantha I -- Hamilton Title
Contreras Jimenez Octavio -- Stewart Title
Newswanger Leon M -- None Available
Martin Paul R -- --
Martin Paul R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rowland Kylee $165,938
Previous Owner Ruff Austin C $126,262
Previous Owner Ruff Austin C $126,262
Previous Owner Sanders Samantha I $91,919
Previous Owner Contreras Jimenez Octavio $84,693
Previous Owner Newswanger Leon M $50,000
Previous Owner Martin Paul R $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2024 07/09/24 Sold $169,000 0.0% $151 / Sq Ft
05/16/2024 05/16/24 Pending -- -- --
05/13/2024 05/13/24 For Sale $169,000 -- $151 / 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 $1,062 $122,200 $12,900 $109,300
2022 $1,062 $102,500 $12,900 $89,600
2021 $964 $97,700 $12,900 $84,800
2020 $818 $90,800 $12,900 $77,900
2019 $706 $84,900 $12,900 $72,000
2018 $571 $77,600 $12,900 $64,700
2017 $456 $66,300 $12,900 $53,400
2016 $439 $63,700 $12,900 $50,800
2014 $519 $58,400 $12,900 $45,500
2013 $1,172 $58,400 $12,900 $45,500
Source: Public Records

Agents Affiliated with this Home

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Source: Indiana Regional MLS

MLS Number: 202417012

Indiana Regional MLS

APN: 20-13-36-477-005.000-021