505 S Elm St Nappanee, IN 46550
Estimated Value: $98,000 - $178,000
2
Beds
1
Bath
1,056
Sq Ft
$129/Sq Ft
Est. Value
About This Home
As of February 2024Embrace the opportunity to transform this dwelling into your home! While it needs a bit of love, its full of potential. Owners have taken care of updating plumbing and main floor electrical in last 2 years and updated bathroom. The spacious main floor provides plenty of living space, while the large backyard and back deck offer the perfect spot for outdoor enjoyment and entertaining. Don't miss out on this chance to invest in this home with all its potential!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,939
Year Built
- Built in 1900
Lot Details
- 8,712 Sq Ft Lot
- Lot Dimensions are 66x132
- Level Lot
Home Design
- Vinyl Construction Material
Interior Spaces
- 1,056 Sq Ft Home
- 1.5-Story Property
- Crawl Space
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Schools
- Nappanee Elementary School
- Northwood Middle School
- Northwood High School
Utilities
- Window Unit Cooling System
- Heating System Uses Gas
- Heating System Mounted To A Wall or Window
Listing and Financial Details
- Assessor Parcel Number 20-14-31-352-002.000-029
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 12, 2024
Closed on
Feb 12, 2024
Sold by
Urick Tammera J
Bought by
Borkholder Corbin and Borkholder Deborah
Seller's Agent
Scott Gingerich
The Gingerich Group
Buyer's Agent
Scott Gingerich
The Gingerich Group
List Price
$95,000
Sold Price
$91,000
Premium/Discount to List
-$4,000
-4.21%
Total Days on Market
1
Views
16
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,059
Avg. Annual Appreciation
34.41%
Purchase Details
Closed on
Nov 16, 2021
Sold by
Fuller Timothy L
Bought by
Urick Tammera J
Purchase Details
Closed on
Nov 1, 2021
Sold by
Arlene Nihart Linda
Bought by
Fuller Timothy L
Purchase Details
Closed on
Aug 13, 2009
Sold by
Fuller Joyce A
Bought by
Nihart Linda Arlene and Fuller Timothy L
Similar Homes in Nappanee, IN
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Borkholder Corbin | $90,500 | Fidelity National Title Compan | |
| Fuller Timothy L | -- | -- | |
| Nihart Linda Arlene | -- | None Available | |
| Urick Tammera J | $10,000 | Kindig & Sloat Pc |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/07/2024 02/07/24 | Sold | $91,000 | -4.2% | $86 / Sq Ft |
| 01/13/2024 01/13/24 | Pending | -- | -- | -- |
| 01/12/2024 01/12/24 | For Sale | $95,000 | -- | $90 / Sq Ft |
Source: Indiana Regional MLS
Tax History Compared to Growth
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 | $2,054 | $106,600 | $13,200 | $93,400 |
| 2022 | $2,054 | $93,300 | $13,200 | $80,100 |
| 2021 | $214 | $76,500 | $13,200 | $63,300 |
| 2020 | $180 | $72,500 | $13,200 | $59,300 |
| 2019 | $160 | $64,700 | $13,200 | $51,500 |
| 2018 | $140 | $62,200 | $13,400 | $48,800 |
| 2017 | $115 | $59,000 | $13,400 | $45,600 |
| 2016 | $109 | $59,000 | $13,400 | $45,600 |
| 2014 | $7 | $55,500 | $13,400 | $42,100 |
| 2013 | $7 | $55,500 | $13,400 | $42,100 |
Source: Public Records
Agents Affiliated with this Home
-
Scott Gingerich
Seller's Agent in 2024
Scott Gingerich
The Gingerich Group
(407) 575-0893
200 Total Sales
Map
Source: Indiana Regional MLS
MLS Number: 202401323
APN: 20-14-31-352-002.000-029
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