NOT LISTED FOR SALE

502 W Market St Nappanee, IN 46550

Estimated Value: $186,000 - $250,000

4 Beds
1 Bath
1,273 Sq Ft
$169/Sq Ft Est. Value

Last Sold February 07, 2020

Last sale price $153,400 $121 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $1,281/month

5 Days on Market

Highlights

  • Traditional Architecture
  • Covered Patio or Porch
  • 2 Car Detached Garage
  • NorthWood High School Rated A-
  • Workshop
  • Breakfast Bar

About This Home

As of February 2020

Beautifully remodeled and restored 4 bedroom home near downtown Nappanee. Large rooms, and soaring ceilings with beautifully finished woodwork. New vinyl flooring, remodeled kitchen. Newer mechanicals with central air. Fenced backyard with 2 car garage. Come take a look today!

Last Agent to Sell the Property

Nicolas Wyse

RE/MAX Results Listed on: 01/03/2020

RE/MAX Results

Last Buyer's Agent

ECBOR NonMember

NonMember ELK

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,104

Year Built

  • Built in 1900

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 66 x 132
  • Property is Fully Fenced
  • Privacy Fence
  • Chain Link Fence
  • Level Lot

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1.5-Story Property
  • Workshop
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Breakfast Bar
  • Kitchen Island
  • Laminate Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Electric Dryer Hookup

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Additional Features

  • Covered Patio or Porch
  • Suburban Location

Listing and Financial Details

  • Assessor Parcel Number 20-13-36-259-014.000-021

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,104

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1900
  • Age: 120
  • Style: One and Half Story
  • Architectural Style: Traditional
  • Total Number of Rooms: 6
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: ROSENBERGER LOT 360
  • Parcel Number ID: 20-13-36-259-014.000-021
  • Platted: Yes
  • Amenities: Breakfast Bar, Countertops-Laminate, Deck Open, Dryer Hook Up Electric, Garage Door Opener, Kitchen Island, Porch Covered, Workshop, Main Floor Laundry
  • Cross Street: Nappanee Street
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Sp Lp Percent: 102.33
  • Year Taxes Payable: 2018
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1953
  • Total Finished Sq Ft: 1273
  • Above Grade Finished Sq Ft: 1273
  • Below Grade Sq Ft: 680
  • Price Per Sq Ft: 120.5
  • Basement: Yes
  • Basement Foundation: Full Basement, Unfinished
  • Flooring: Carpet, Vinyl
  • Living Great Room: Dimensions: 16x12, On Level: Main
  • Kitchen: Dimensions: 14x12, On Level: Main
  • Bedroom 1: Dimensions: 14x12, On Level: Main
  • Bedroom 2: Dimensions: 14x12, On Level: Main
  • Bedroom 3: Dimensions: 10x11, On Level: Upper
  • Bedroom 4: Dimensions: 12x10, On Level: Upper
  • Main Level Sq Ft: 937
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 680

Exterior Features

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

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 24x24
  • Garage Sq Ft: 576
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • 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: Level, 0-2.9999
  • Lot Dimensions: 66 x 132
  • Estimated Lot Sq Ft: 8712
  • Estimated Lot Size Acres: 0.2
  • Lot Number: 360

Tax Info

  • Annual Taxes: 1104
  • Exemptions: Homestead, Mortgage

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
Jan 3, 2020
Closed on
Feb 10, 2020
Sold by
Threetwentythree Properties Inc
Bought by
Martin Jarrett Trevor
Seller's Agent
Nicolas Wyse
RE/MAX Results
Buyer's Agent
ECBOR NonMember
NonMember ELK
List Price
$149,900
Sold Price
$153,400
Premium/Discount to List
$3,500
2.33%
Current Estimated Value
$215,372

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,972
Avg. Annual Appreciation
6.19%
Original Mortgage
$138,060
Outstanding Balance
$122,566
Interest Rate
3.74%
Mortgage Type
New Conventional
Estimated Equity
$92,806

Purchase Details

Listed on
Jan 3, 2020
Closed on
Feb 7, 2020
Sold by
Threetwentythree Properties Inc
Bought by
Martin Jarrett Trevor
Seller's Agent
Nicolas Wyse
RE/MAX Results
Buyer's Agent
ECBOR NonMember
NonMember ELK
List Price
$149,900
Sold Price
$153,400
Premium/Discount to List
$3,500
2.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,060
Outstanding Balance
$122,566
Interest Rate
3.74%
Mortgage Type
New Conventional
Estimated Equity
$92,806

Purchase Details

Listed on
Jan 3, 2020
Closed on
Jan 8, 2020
Sold by
Sheriff Of Elkhart County
Bought by
Threetwentythree Properties In
Seller's Agent
Nicolas Wyse
RE/MAX Results
Buyer's Agent
ECBOR NonMember
NonMember ELK
List Price
$149,900
Sold Price
$153,400
Premium/Discount to List
$3,500
2.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,060
Outstanding Balance
$122,566
Interest Rate
3.74%
Mortgage Type
New Conventional
Estimated Equity
$92,806

Purchase Details

Closed on
Nov 27, 2019
Sold by
Sheriff Of Elkhart County and The Huntington National Bank
Bought by
Threetwentythree Properties In and Lvnv Funding Llc

Purchase Details

Closed on
Dec 22, 2014
Sold by
Mecca Companies Inc
Bought by
Miller Joshua D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,112
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 19, 2012
Sold by
Jpmorgan Chase Bank Na
Bought by
Mecca Companies Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,000
Interest Rate
3.66%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 29, 2012
Sold by
Islas Melissa J and Croy Nickie L
Bought by
Jpmorgan Chase Bank National Association

Purchase Details

Closed on
Jul 17, 2008
Sold by
Wysong Thomas D
Bought by
Islas Melissa J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,500
Interest Rate
6.36%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Martin Jarrett Trevor $183,619 Near North Title Group
Martin Jarrett Trevor $183,619 Near North Title Group
Threetwentythree Properties In $83,310 None Listed On Document
Threetwentythree Properties In $83,310 None Listed On Document
Miller Joshua D -- Stewart Title
Mecca Companies Inc $59,415 Meridian Title Corpration
Jpmorgan Chase Bank National Association $70,975 None Available
Islas Melissa J -- Meridian Title Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martin Jarrett Trevor $138,060
Closed Martin Jarrett Trevor $138,060
Previous Owner Miller Joshua D $73,112
Previous Owner Mecca Companies Inc $189,000
Previous Owner Islas Melissa J $103,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/07/2020 02/07/20 Sold $153,400 +2.3% $121 / Sq Ft
01/08/2020 01/08/20 Pending -- -- --
01/03/2020 01/03/20 For Sale $149,900 -- $118 / 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 $1,675 $170,300 $14,500 $155,800
2022 $1,675 $153,700 $14,500 $139,200
2021 $1,504 $145,800 $14,500 $131,300
2020 $1,368 $132,600 $14,500 $118,100
2019 $1,314 $127,300 $14,500 $112,800
2018 $1,104 $107,200 $14,500 $92,700
2017 $986 $98,600 $14,500 $84,100
2016 $846 $94,000 $14,500 $79,500
2014 $871 $87,100 $14,500 $72,600
2013 $1,626 $81,300 $14,500 $66,800
Source: Public Records

Agents Affiliated with this Home

  • Nicolas Wyse

    Seller's Agent in 2020

    Nicolas Wyse

    RE/MAX

    (800) 589-7641

    2 in this area

    218 Total Sales

    Nicolas Wyse
    Section Image

  • E

    Buyer's Agent in 2020

    ECBOR NonMember

    NonMember ELK

See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 202000220

Indiana Regional MLS

APN: 20-13-36-259-014.000-021

Indiana Elkhart County Nappanee 46550

502 W Market St, Nappanee, IN

This home is located at 502 W Market St, Nappanee, IN 46550 since 03 January 2020 and is currently estimated at $215,372, approximately $169 per square foot. This property was built in 1900. 502 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.

Nearby Homes