551 N Main St Nappanee, IN 46550
2
Beds
1
Bath
1,246
Sq Ft
8,712
Sq Ft Lot
Highlights
- Utility Room in Garage
- Walk-In Pantry
- Bathtub with Shower
- NorthWood High School Rated A-
- 1 Car Detached Garage
- Forced Air Heating and Cooling System
About This Home
As of May 2025You've got to see this home! Conveniently located just North of downtown Nappanee you can enjoy all of the town's events and amenities without struggling to find a parking spot. This 2 bed 1 bath home offers a main level bedroom and laundry. The house lights up with a lot of daylight coming through the windows. Do you want an office or game room? Go up the stairs into a bonus room to make into whatever you'd like just outside the second bedroom. It also has off street parking and a one car garage.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,529
Year Built
- Built in 1900
Lot Details
- 8,712 Sq Ft Lot
- Lot Dimensions are 66x132
- Level Lot
Parking
- 1 Car Detached Garage
- Gravel Driveway
- Off-Street Parking
Home Design
- Shingle Roof
- Vinyl Construction Material
Interior Spaces
- 1.5-Story Property
- Ceiling Fan
- Utility Room in Garage
- Laundry on main level
- Basement
- Michigan Basement
- Walk-In Pantry
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
- Bathtub with Shower
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 20-14-31-107-002.000-029
- Seller Concessions Offered
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 15, 2025
Closed on
May 16, 2025
Sold by
Yoder Rachel D and Hoffer Rachel D
Bought by
Foushi Shawn and Ladd Tamra
Seller's Agent
Matthew Kertai
Kertai Real Estate LLC
Buyer's Agent
Julie Hall
Patton Hall Real Estate
List Price
$199,900
Sold Price
$188,000
Premium/Discount to List
-$11,900
-5.95%
Views
86
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-9.54%
Original Mortgage
$9,400
Outstanding Balance
$9,400
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$176,912
Purchase Details
Listed on
Apr 10, 2018
Closed on
Aug 13, 2018
Sold by
Brown Barney E and Brown Dana M
Bought by
Yoder Rachel D
Seller's Agent
Mary Dale
Coldwell Banker Real Estate Group
Buyer's Agent
ECBOR NonMember
NonMember ELK
List Price
$115,000
Sold Price
$112,500
Premium/Discount to List
-$2,500
-2.17%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.88%
Original Mortgage
$101,250
Interest Rate
4.5%
Mortgage Type
New Conventional
Purchase Details
Listed on
Apr 10, 2018
Closed on
Aug 10, 2018
Sold by
Brown Barney E and Brown Dana M
Bought by
Yoder Rachel D
Seller's Agent
Mary Dale
Coldwell Banker Real Estate Group
Buyer's Agent
ECBOR NonMember
NonMember ELK
List Price
$115,000
Sold Price
$112,500
Premium/Discount to List
-$2,500
-2.17%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,250
Interest Rate
4.5%
Mortgage Type
New Conventional
Purchase Details
Listed on
Apr 10, 2018
Closed on
Jul 10, 2018
Sold by
Brown Barney E and Brown Dana M
Bought by
Yorder Rachel D
Seller's Agent
Mary Dale
Coldwell Banker Real Estate Group
Buyer's Agent
ECBOR NonMember
NonMember ELK
List Price
$115,000
Sold Price
$112,500
Premium/Discount to List
-$2,500
-2.17%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,250
Interest Rate
4.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 13, 2013
Sold by
Lone Rodney J
Bought by
Brown Barney E and Brown Dana M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,870
Interest Rate
4.38%
Mortgage Type
VA
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Meridian Title | |
| Warranty Deed | $134,662 | Heritage Parke Title | |
| Warranty Deed | $134,662 | Heritage Parke Title | |
| Warranty Deed | -- | Heritage Park Title Llc | |
| Warranty Deed | -- | Heritage Parke Title Llc |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $9,400 | New Conventional | |
| Open | $184,594 | FHA | |
| Previous Owner | $103,000 | New Conventional | |
| Previous Owner | $101,250 | New Conventional | |
| Previous Owner | $101,250 | New Conventional | |
| Previous Owner | $101,250 | New Conventional | |
| Previous Owner | $88,870 | VA |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/16/2025 05/16/25 | Sold | $188,000 | 0.0% | $151 / Sq Ft |
| 04/15/2025 04/15/25 | Pending | -- | -- | -- |
| 04/13/2025 04/13/25 | Price Changed | $188,000 | -1.1% | $151 / Sq Ft |
| 03/17/2025 03/17/25 | Price Changed | $190,000 | -2.5% | $152 / Sq Ft |
| 02/17/2025 02/17/25 | Price Changed | $194,900 | -2.5% | $156 / Sq Ft |
| 01/15/2025 01/15/25 | For Sale | $199,900 | +77.7% | $160 / Sq Ft |
| 08/10/2018 08/10/18 | Sold | $112,500 | 0.0% | $90 / Sq Ft |
| 06/27/2018 06/27/18 | Pending | -- | -- | -- |
| 05/26/2018 05/26/18 | Price Changed | $112,500 | -2.2% | $90 / Sq Ft |
| 04/10/2018 04/10/18 | For Sale | $115,000 | -- | $92 / 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 | $1,529 | $159,600 | $23,100 | $136,500 |
| 2022 | $1,529 | $146,500 | $23,100 | $123,400 |
| 2021 | $1,436 | $136,500 | $23,100 | $113,400 |
| 2020 | $1,326 | $125,900 | $23,100 | $102,800 |
| 2019 | $1,265 | $120,200 | $23,100 | $97,100 |
| 2018 | $1,145 | $108,600 | $21,100 | $87,500 |
| 2017 | $1,026 | $100,200 | $21,100 | $79,100 |
| 2016 | $912 | $95,300 | $21,100 | $74,200 |
| 2014 | $804 | $86,700 | $21,100 | $65,600 |
| 2013 | $796 | $84,600 | $21,100 | $63,500 |
Source: Public Records
Agents Affiliated with this Home
-
Matthew Kertai
Seller's Agent in 2025
Matthew Kertai
Kertai Real Estate LLC
(574) 248-0402
2 in this area
22 Total Sales
-
Julie Hall
Buyer's Agent in 2025
Julie Hall
Patton Hall Real Estate
(574) 268-7645
7 in this area
993 Total Sales
-
Mary Dale
Seller's Agent in 2018
Mary Dale
Coldwell Banker Real Estate Group
(574) 221-9091
105 in this area
472 Total Sales
-
E
Buyer's Agent in 2018
ECBOR NonMember
NonMember ELK
Map
Source: Indiana Regional MLS
MLS Number: 202501544
APN: 20-14-31-107-002.000-029
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