NOT LISTED FOR SALE

503 N Locke St Nappanee, IN 46550

Estimated Value: $156,000 - $195,000

3 Beds
1.5 Baths
1,200 Sq Ft
$148/Sq Ft Est. Value

Last Sold September 01, 2021

Last sale price $143,900 $120 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $1,100/month

41 Days on Market

Highlights

  • Ranch Style House
  • Tile Flooring
  • 2 Car Garage
  • NorthWood High School Rated A-
  • Forced Air Heating System
  • Level Lot

About This Home

As of September 2021

Newly remodel, new appliances, resurfaced counter tops, new carpet, The entire house has been painted, new exterior paint, new light fixtures, new exterior shutters.

Last Listed By

Brian Waters

Mentor Listing Realty, Inc. Listed on: 07/22/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $850

Year Built

  • Built in 1971

Lot Details

  • 8,189 Sq Ft Lot
  • Lot Dimensions are 62x132
  • Level Lot

Parking

  • 2 Car Garage
  • Carport

Home Design

  • Ranch Style House
  • Cement Board or Planked

Interior Spaces

  • 1,200 Sq Ft Home
  • Crawl Space

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

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

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 20-13-36-233-008.000-021

Home Details

Home Type

Single Family

Est. Annual Taxes

$850

Year Built

Built in 1971

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1971
  • Age: 50
  • Style: One Story
  • Architectural Style: Ranch
  • 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: ESHELMANS EX S 4FT LOT 34
  • Parcel Number ID: 20-13-36-233-008.000-021
  • Platted: Yes
  • Sp Lp Percent: 102.86
  • Year Taxes Payable: 2021
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1200
  • Total Finished Sq Ft: 1200
  • Above Grade Finished Sq Ft: 1200
  • Price Per Sq Ft: 119.92
  • Basement Foundation: Crawl
  • Flooring: Carpet, Tile
  • Living Great Room: Dimensions: 12x16, On Level: Main
  • Kitchen: Dimensions: 10x8, On Level: Main
  • Dining Room: Dimensions: 10x10, On Level: Main
  • Bedroom 1: Dimensions: 12x12, On Level: Main
  • Bedroom 2: Dimensions: 10x10, On Level: Main
  • Bedroom 3: Dimensions: 10x10, On Level: Main
  • Number of Main Level Full Bathrooms: 1
  • Number of Main Level Half Bathrooms: 1

Exterior Features

  • Exterior: Cement Board
  • Outbuilding1: None

Garage/Parking

  • Garage Type: Carport
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 24x12
  • Garage Sq Ft: 288
  • Garage: Yes

Utilities

  • 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
  • Lot Dimensions: 62x132
  • Estimated Lot Sq Ft: 8189
  • Estimated Lot Size Acres: 0.188

Tax Info

  • Annual Taxes: 850

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
Jul 22, 2021
Closed on
Sep 1, 2021
Sold by
Priority One Investments Llc
Bought by
Ferguson Jefery
Seller's Agent
Brian Waters
Mentor Listing Realty, Inc.
Buyer's Agent
LAF NonMember
NonMember LAF
List Price
$139,900
Sold Price
$143,900
Premium/Discount to List
$4,000
2.86%
Total Days on Market
41
Current Estimated Value
$178,163

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,263
Avg. Annual Appreciation
5.69%
Original Mortgage
$147,171
Outstanding Balance
$136,059
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$40,249

Purchase Details

Closed on
Sep 16, 2020
Sold by
Rachel Irene Stienbarger Revocable Trust
Bought by
Priority-One Investments Llc

Purchase Details

Closed on
Sep 10, 2020
Sold by
Rachel Irene Stienbarger Revocable Trust and Regier Rachel Irene
Bought by
Priority-One Investments Llc

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
Ferguson Jefery $143,900 Heritage Parke Title Llc
Priority-One Investments Llc -- Heritage Parke Title
Priority-One Investments Llc -- Heritage Parke Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ferguson Jeffery $50,000
Open Ferguson Jefery $147,171
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2021 09/01/21 Sold $143,900 +2.9% $120 / Sq Ft
07/22/2021 07/22/21 For Sale $139,900 -- $117 / 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 $1,291 $122,200 $13,600 $108,600
2022 $1,291 $115,700 $13,600 $102,100
2021 $984 $96,000 $13,600 $82,400
2020 $850 $87,800 $13,600 $74,200
2019 $765 $83,200 $13,600 $69,600
2018 $593 $72,700 $13,600 $59,100
2017 $559 $67,100 $13,600 $53,500
2016 $537 $63,900 $13,600 $50,300
2014 $549 $62,800 $13,600 $49,200
2013 $577 $62,800 $13,600 $49,200
Source: Public Records

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Source: Indiana Regional MLS

MLS Number: 202129358

Indiana Regional MLS

APN: 20-13-36-233-008.000-021