NOT LISTED FOR SALE

507 W Walnut St Nappanee, IN 46550

Estimated Value: $179,000 - $213,000

4 Beds
2 Baths
1,614 Sq Ft
$119/Sq Ft Est. Value

Last Sold May 04, 2018

Last sale price $103,500 $64 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $1,179/month

90 Days on Market

Highlights

  • Primary Bedroom Suite
  • Corner Lot
  • Forced Air Heating and Cooling System
  • NorthWood High School Rated A-
  • Covered patio or porch
  • Ceiling Fan

About This Home

As of May 2018

Spacious 4 bedroom, 2 bath, 1,614 sq ft home. Nicely remodeled & still retains that old world charm. Generous room sizes, eat-in kitchen , New Furnace , ML master BR & BA as well as ML laundry. Located on a large corner lot in the heart of Nappanee.

Last Agent to Sell the Property

Melody Cusick

Re/Max Partners Listed on: 01/02/2018

Re/Max Partners

Last Buyer's Agent

Kendrae Hilty

RE/MAX 100 Elkhart

RE/MAX 100 Elkhart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,596

Year Built

  • Built in 1900

Lot Details

  • Lot Dimensions are 66 x 132
  • Corner Lot

Home Design

  • Shingle Roof

Interior Spaces

  • 1,614 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Carpet
  • Crawl Space

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms

Outdoor Features

  • Covered patio or porch

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 20-13-36-259-003.000-021

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,596

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1900
  • Age: 118
  • Style: One and Half Story
  • Total Number of Rooms: 8
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Rosenbergers 2nd Lot 384 |
  • Parcel Number ID: 20-13-36-259-003.000-021
  • Platted: Yes
  • Amenities: Ceiling Fan(s), Porch Covered, Main Level Bedroom Suite
  • Grid: 60 Elkhart Co.
  • Sp Lp Percent: 103.6
  • Year Taxes Payable: 2016
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1614
  • Total Finished Sq Ft: 1614
  • Above Grade Finished Sq Ft: 1614
  • Price Per Sq Ft: 64.13
  • Basement Foundation: Crawl
  • Flooring: Carpet
  • Living Great Room: Dimensions: 15x12, On Level: Main
  • Kitchen: Dimensions: 14x10, On Level: Main
  • Dining Room: Dimensions: 13x10, On Level: Main
  • Bedroom 1: Dimensions: 14x13, On Level: Main
  • Bedroom 2: Dimensions: 13x13, On Level: Upper
  • Bedroom 3: Dimensions: 12x13, On Level: Upper
  • Bedroom 4: Dimensions: 9x12, On Level: Upper
  • Bedroom 5: On Level: N/A
  • Number of Main Level Full Bathrooms: 2

Exterior Features

  • Roof Material: Shingle
  • Outbuilding1: None

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Laundry: Dimensions: Mainx13, On Level: 11

Schools

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

Lot Info

  • Lot Description: Corner
  • Lot Dimensions: 66 x 132

Tax Info

  • Annual Taxes: 1596

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 2, 2018
Closed on
May 23, 2018
Sold by
Young and Katie
Bought by
Elliott Christopher C
Seller's Agent
Melody Cusick
Re/Max Partners
Buyer's Agent
Kendrae Hilty
RE/MAX 100 Elkhart
List Price
$99,900
Sold Price
$103,500
Premium/Discount to List
$3,600
3.6%
Total Days on Market
90
Current Estimated Value
$191,426

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,926
Avg. Annual Appreciation
9.02%
Original Mortgage
$101,624
Outstanding Balance
$88,616
Interest Rate
4.4%
Mortgage Type
FHA
Estimated Equity
$102,810

Purchase Details

Listed on
Jan 2, 2018
Closed on
May 4, 2018
Sold by
Young and Katie
Bought by
Elliott Christopher C
Seller's Agent
Melody Cusick
Re/Max Partners
Buyer's Agent
Kendrae Hilty
RE/MAX 100 Elkhart
List Price
$99,900
Sold Price
$103,500
Premium/Discount to List
$3,600
3.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,624
Outstanding Balance
$88,616
Interest Rate
4.4%
Mortgage Type
FHA
Estimated Equity
$102,810

Purchase Details

Closed on
Jun 12, 2006
Sold by
Shearer Thomas E and Shearer Deralyn R
Bought by
Young Kyle and Young Katie

Purchase Details

Closed on
Feb 26, 2003
Sold by
Shearer Thomas E
Bought by
Shearer Thomas E and Shearer Deralyn R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
8.75%
Source: Public Records

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Range of Values:

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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
Elliott Christopher C $102,640 New Title Company Name
Elliott Christopher C $102,640 New Title Company Name
Young Kyle -- Lawyers Title
Shearer Thomas E -- Title Express Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elliott Christopher C $5,725
Open Elliott Christopher C $101,624
Closed Elliott Christopher C $101,624
Previous Owner Young Kyle $90,000
Previous Owner Shearer Thomas E $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/04/2018 05/04/18 Sold $103,500 +3.6% $64 / Sq Ft
04/02/2018 04/02/18 Pending -- -- --
01/02/2018 01/02/18 For Sale $99,900 -- $62 / 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 $1,319 $139,300 $14,500 $124,800
2022 $1,319 $115,800 $14,500 $101,300
2021 $1,165 $110,600 $14,500 $96,100
2020 $1,034 $101,000 $14,500 $86,500
2019 $965 $97,100 $14,500 $82,600
2018 $772 $82,300 $14,500 $67,800
2017 $1,668 $82,900 $14,500 $68,400
2016 $1,596 $79,300 $14,500 $64,800
2014 $1,492 $74,100 $14,500 $59,600
2013 $1,492 $74,100 $14,500 $59,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201800197

Indiana Regional MLS

APN: 20-13-36-259-003.000-021