NOT LISTED FOR SALE

510 E Market St Nappanee, IN 46550

Estimated Value: $232,000 - $292,000

4 Beds
1.5 Baths
1,712 Sq Ft
$148/Sq Ft Est. Value

Last Sold February 22, 2022

Last sale price $184,000 $107 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $1,571/month

34 Days on Market

Highlights

  • Fireplace in Kitchen
  • Wood Flooring
  • Corner Lot
  • NorthWood High School Rated A-
  • Tudor Architecture
  • Formal Dining Room

About This Home

As of February 2022

New Price! Charming brick Italinate home located at Nappanee is now available! Over 1700sqft of finished space with more space waiting for your ideas/finishes! 4bedrooms/1.5 baths is just steps from Coppes Commons, downtown and the elementary school! Beautifully refinished hardwood floors througout the home and 9' ceilings! Large living room & oversized dining room make this the PERFECT home for entertaining! Many new windows and freshly painted exterior! Cook's kitchen with all kitchen appliances included and cozy fireplace next to the coffee station! Main floor bedroom currently used as a gym has glass french doors. Main floor laundry/mudroom plus updated 1/2 bath complete your first floor. Hardwood staircase lead to the upper level where there are 3 more bedrooms and full bath with tile surround! Privacy fenced backyard (much of it new) plus 2 car attached garage! Cash & Conventional buyer's only.

Last Agent to Sell the Property

Mary Dale

Coldwell Banker Real Estate Group Brokerage Phone: 574-221-9091 Listed on: 12/13/2021

Coldwell Banker Real Estate Group

Last Buyer's Agent

ECBOR NonMember

NonMember ELK

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,574

Year Built

  • Built in 1910

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 66x132
  • Privacy Fence
  • Wood Fence
  • Corner Lot
  • Level Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Tudor Architecture
  • Brick Exterior Construction
  • Rolled or Hot Mop Roof
  • Asphalt Roof

Interior Spaces

  • 2-Story Property
  • Crown Molding
  • Wood Burning Fireplace
  • Formal Dining Room
  • Wood Flooring
  • Basement
  • Michigan Basement
  • Electric Dryer Hookup

Kitchen

  • Electric Oven or Range
  • Laminate Countertops
  • Fireplace in Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathtub with Shower

Schools

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

Utilities

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

Additional Features

  • Enclosed Patio or Porch
  • Suburban Location

Listing and Financial Details

  • Assessor Parcel Number 20-14-31-179-015.000-029

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,574

Year Built

Built in 1910

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1910
  • Age: 112
  • Style: Two Story
  • Architectural Style: Tudor
  • Total Number of Rooms: 9
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 1
  • Total Number of Half Bathrooms: 1
  • Legal Description: Stauffers 1st Lot 2
  • Parcel Number ID: 20-14-31-179-015.000-029
  • Platted: Yes
  • Amenities: Countertops-Laminate, Crown Molding, Dryer Hook Up Electric, Garage Door Opener, Porch Enclosed, Range/Oven Hook Up Elec, Tub/Shower Combination, Formal Dining Room
  • Location: City/Town/Suburb, Near Walking Trail
  • Sp Lp Percent: 97.35
  • Year Taxes Payable: 2020
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 3165
  • Total Finished Sq Ft: 1712
  • Above Grade Finished Sq Ft: 1712
  • Above Grade Unfinished Sq Ft: 745
  • Below Grade Sq Ft: 708
  • Price Per Sq Ft: 107.48
  • Basement: Yes
  • Basement Foundation: Michigan Basement
  • Number Of Fireplaces: 1
  • Fireplace: Kitchen, Wood Burning
  • Fireplace: Yes
  • Flooring: Hardwood Floors
  • Living Great Room: Dimensions: 14x14, On Level: Main
  • Kitchen: Dimensions: 22x9, On Level: Main
  • Dining Room: Dimensions: 16x15, On Level: Main
  • Extra Room: Unfinished space, Dimensions: 15x13, On Level: Main
  • Bedroom 1: Dimensions: 13x10, On Level: Main
  • Bedroom 2: Dimensions: 13x11, On Level: Upper
  • Bedroom 3: Dimensions: 14x11, On Level: Upper
  • Bedroom 4: Dimensions: 9x8, On Level: Upper
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 708

Exterior Features

  • Exterior: Brick
  • Roof Material: Asphalt, Rolled
  • Outbuilding1: None
  • Fence: Privacy, Wood

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 24x20
  • Garage Sq Ft: 480
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air, Window
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Laundry: Dimensions: Mainx7, On Level: 13

Condo/Co-op/Association

  • Common Amenities: Sidewalks

Schools

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

Lot Info

  • Lot Description: Corner, Level
  • Lot Dimensions: 66x132
  • Estimated Lot Sq Ft: 8712
  • Estimated Lot Size Acres: 0.2
  • Lot Number: 2

Tax Info

  • Annual Taxes: 1574
  • 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
Dec 13, 2021
Closed on
Feb 23, 2022
Sold by
Cripe Kellin M
Bought by
Rains Jessie James and Rains Erica Danielle
Seller's Agent
Mary Dale
Coldwell Banker Real Estate Group
Buyer's Agent
ECBOR NonMember
NonMember ELK
List Price
$199,000
Sold Price
$184,000
Premium/Discount to List
-$15,000
-7.54%
Current Estimated Value
$246,326

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,326
Avg. Annual Appreciation
8.54%
Original Mortgage
$174,000
Outstanding Balance
$164,016
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$80,536

Purchase Details

Listed on
Dec 13, 2021
Closed on
Feb 18, 2022
Sold by
Cripe Kellin M
Bought by
Rains Jessie James and Rains Erica Danielle
Seller's Agent
Mary Dale
Coldwell Banker Real Estate Group
Buyer's Agent
ECBOR NonMember
NonMember ELK
List Price
$199,000
Sold Price
$184,000
Premium/Discount to List
-$15,000
-7.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,000
Outstanding Balance
$164,016
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$80,536

Purchase Details

Listed on
Jun 4, 2016
Closed on
Nov 8, 2016
Sold by
King Robert M and King Rae Lynn
Bought by
Cripe Kellin M
Seller's Agent
ECBOR NonMember
NonMember ELK
Buyer's Agent
Mary Dale
Coldwell Banker Real Estate Group
List Price
$94,900
Sold Price
$75,000
Premium/Discount to List
-$19,900
-20.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.49%
Original Mortgage
$67,500
Interest Rate
3.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 14, 2007
Sold by
Homesales Inc
Bought by
King Robert M and King Rae Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,000
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 29, 2007
Sold by
Rivera Christopher and Rivera Carol
Bought by
Homesales Inc Of Delaware
Source: Public Records

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
Rains Jessie James -- Heritage Parke Title
Rains Jessie James $184,000 Heritage Parke Title
Cripe Kellin M -- Heritage Parke Title Llc
King Robert M -- Statewide Title Co Inc
Homesales Inc Of Delaware $66,271 Statewide Title Co Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rains Jessie James $174,000
Closed Rains Jessie James $174,000
Previous Owner Cripe Kellin M $67,500
Previous Owner King Robert M $66,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2022 02/22/22 Sold $184,000 -2.6% $107 / Sq Ft
01/04/2022 01/04/22 Price Changed $189,000 -5.0% $110 / Sq Ft
12/13/2021 12/13/21 For Sale $199,000 +165.3% $116 / Sq Ft
11/08/2016 11/08/16 Sold $75,000 -21.0% $26 / Sq Ft
10/04/2016 10/04/16 Pending -- -- --
06/04/2016 06/04/16 For Sale $94,900 -- $33 / 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 $2,673 $279,000 $23,100 $255,900
2022 $2,673 $177,900 $23,100 $154,800
2021 $1,711 $165,600 $23,100 $142,500
2020 $1,574 $152,200 $23,100 $129,100
2019 $1,501 $145,100 $23,100 $122,000
2018 $1,443 $139,300 $21,100 $118,200
2017 $1,298 $129,800 $21,100 $108,700
2016 $1,231 $123,100 $21,100 $102,000
2014 $1,206 $120,600 $21,100 $99,500
2013 $1,206 $120,600 $21,100 $99,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202150820

Indiana Regional MLS

APN: 20-14-31-179-015.000-029