NOT LISTED FOR SALE

505 S Elm St Nappanee, IN 46550

Estimated Value: $97,000 - $125,000

2 Beds
1 Bath
1,056 Sq Ft
$105/Sq Ft Est. Value

Last Sold February 07, 2024

Last sale price $91,000 $86 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $787/month

1 Day on Market

About This Home

As of February 2024

Embrace 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!

Last Listed By

Scott Gingerich

The Gingerich Group Listed on: 01/12/2024

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,939

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1900
  • Age: 124
  • Style: One and Half Story
  • Total Number of Rooms: 7
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: HARTMANS 2ND LOT 366
  • Parcel Number ID: 20-14-31-352-002.000-029
  • Platted: Yes
  • Grid: 60 Elkhart Co.
  • Sp Lp Percent: 95.79
  • Year Taxes Payable: 2023 pay 2024
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1056
  • Total Finished Sq Ft: 1056
  • Above Grade Finished Sq Ft: 1056
  • Price Per Sq Ft: 86.17
  • Basement Foundation: Crawl
  • Living Great Room: Dimensions: 13x12, On Level: Main
  • Kitchen: Dimensions: 12x11, On Level: Main
  • Dining Room: Dimensions: 14x12, On Level: Main
  • Bedroom 1: Dimensions: 13x10, On Level: Main
  • Bedroom 2: Dimensions: 11x12, On Level: Upper
  • Other Room1: Bathroom, Dimensions: 13x3, On Level: Main
  • Loft: Dimensions: 13x10, On Level: Main
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Vinyl
  • Outbuilding1: None

Utilities

  • Cooling: Window
  • Heating Fuel: Gas, Wall Heater
  • 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: 66X132
  • Estimated Lot Sq Ft: 8712
  • Estimated Lot Size Acres: 0.2

Tax Info

  • Annual Taxes: 1939

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 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
$110,484

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,484
Avg. Annual Appreciation
7.83%

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

Range of Values:

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Average Value
Not Available
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
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

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 $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

    197 Total Sales

    Scott Gingerich
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Map

Source: Indiana Regional MLS

MLS Number: 202401323

Indiana Regional MLS

APN: 20-14-31-352-002.000-029

Indiana Elkhart County Nappanee 46550

505 S Elm St, Nappanee, IN

Homes for Sale in Nappanee, IN

This home is located at 505 S Elm St, Nappanee, IN 46550 since 12 January 2024 and is currently estimated at $110,484, approximately $104 per square foot. This property was built in 1900. 505 S Elm 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.