NOT LISTED FOR SALE

554 N Elm St Nappanee, IN 46550

Estimated Value: $118,000 - $205,000

2 Beds
1 Bath
1,320 Sq Ft
$135/Sq Ft Est. Value

Last Sold June 13, 2022

Last sale price $92,750 $70 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $1,073/month

6 Days on Market

About This Home

As of June 2022

HIGHEST AND BEST DUE SATURDAY AT 9PM. This 2 bed 1 bath home sits near the heart of Downtown Nappanee. The home is ready for your personal touch and would be a great starter home. Furthermore, the home sits on a Double Lot and allows the luxury of enjoying all that activities that summer has to offer! The home is in need of TLC and is priced accordingly.

Last Agent to Sell the Property

Jeffrey Binkley

McKinnies Realty, LLC Elkhart Listed on: 05/03/2022

McKinnies Realty, LLC Elkhart

Co-Listed By

Eduardo Viruez

RE/MAX Results

Last Buyer's Agent

Jeffrey Binkley

McKinnies Realty, LLC Elkhart Listed on: 05/03/2022

McKinnies Realty, LLC Elkhart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,049

Year Built

  • Built in 1910

Lot Details

  • 8,712 Sq Ft Lot

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 1,320 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
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 20-14-31-107-007.000-029

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,049

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1910
  • Style: One and Half Story
  • Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: BLK:107 DIST:0014 CITY/MUNI/TWP:UNION TOWNSHIP BEST & MELLINGER LOT 323
  • Parcel Number ID: 20-14-31-107-007.000-029
  • Platted: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1320
  • Total Finished Sq Ft: 1320
  • Above Grade Finished Sq Ft: 1320
  • Basement Foundation: Crawl
  • Bedroom 1: Dimensions: 12x11, On Level: Main
  • Bedroom 2: Dimensions: 10x9, On Level: Upper
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Vinyl
  • Outbuilding1: None

Utilities

  • Cooling: Window
  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City

Schools

  • Elementary School: Nappanee

Lot Info

  • Lot Dimensions: 66.0 sq ft x 132.0 sq ft
  • Estimated Lot Sq Ft: 8712
  • Estimated Lot Size Acres: 0.2

Tax Info

  • Annual Taxes: 1049

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
May 3, 2022
Closed on
Jun 13, 2022
Sold by
Bope Pamela J
Bought by
Whitehead Bradley K and Whitehead Tina Marie
Seller's Agent
Jeffrey Binkley
McKinnies Realty, LLC Elkhart
Buyer's Agent
Jeffrey Binkley
McKinnies Realty, LLC Elkhart
List Price
$84,900
Sold Price
$92,750
Premium/Discount to List
$7,850
9.25%
Current Estimated Value
$177,641

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,891
Avg. Annual Appreciation
20.73%
Original Mortgage
$64,900
Outstanding Balance
$53,451
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$124,190

Purchase Details

Listed on
May 3, 2022
Closed on
May 17, 2022
Sold by
Detwiler Carl L
Bought by
Bope Pamela J
Seller's Agent
Jeffrey Binkley
McKinnies Realty, LLC Elkhart
Buyer's Agent
Jeffrey Binkley
McKinnies Realty, LLC Elkhart
List Price
$84,900
Sold Price
$92,750
Premium/Discount to List
$7,850
9.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,900
Outstanding Balance
$53,451
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$124,190

Purchase Details

Closed on
May 24, 2016
Sold by
Bope Pamela J
Bought by
Bope Pamela J and Detwiler Carl L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,800
Interest Rate
3.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 29, 2016
Sold by
Detwiter Carl L
Bought by
Bope Pamela J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,800
Interest Rate
3.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 28, 2002
Sold by
Bope Pamela J
Bought by
Bope Pamela J and Detwiler Carl L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,599
Interest Rate
6.13%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Whitehead Bradley K -- Yoder Ainlay Ulmer & Buckingha
Bope Pamela J -- None Listed On Document
Bope Pamela J -- None Available
Bope Pamela J -- None Available
Bope Pamela J -- --
Bope Pamela J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Whitehead Bradley K $64,900
Previous Owner Bope Pamela J $64,800
Previous Owner Bope Pamela J $66,599
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/13/2022 06/13/22 Sold $92,750 +9.2% $70 / Sq Ft
05/09/2022 05/09/22 Pending -- -- --
05/03/2022 05/03/22 For Sale $84,900 -- $64 / 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 $1,618 $169,600 $23,100 $146,500
2022 $1,618 $117,300 $23,100 $94,200
2021 $1,159 $109,600 $23,100 $86,500
2020 $1,049 $101,600 $23,100 $78,500
2019 $1,074 $102,900 $23,100 $79,800
2018 $911 $94,700 $21,100 $73,600
2017 $783 $87,600 $21,100 $66,500
2016 $708 $83,600 $21,100 $62,500
2014 $665 $79,900 $21,100 $58,800
2013 $657 $78,200 $21,100 $57,100
Source: Public Records

Agents Affiliated with this Home

  • Jeffrey Binkley

    Seller's Agent in 2022

    Jeffrey Binkley

    McKinnies Realty, LLC Elkhart

    (574) 849-9258

    2 in this area

    89 Total Sales

    Jeffrey Binkley
    Section Image
  • Eduardo Viruez

    Seller Co-Listing Agent in 2022

    Eduardo Viruez

    RE/MAX

    (574) 533-9581

    4 in this area

    247 Total Sales

    Eduardo Viruez
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202216186

Indiana Regional MLS

APN: 20-14-31-107-007.000-029

Indiana Elkhart County Nappanee 46550

554 N Elm St, Nappanee, IN

Not Listed for Sale

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