NOT LISTED FOR SALE

556 W Market St Nappanee, IN 46550

Estimated Value: $160,576 - $200,000

2 Beds
1.5 Baths
1,356 Sq Ft
$129/Sq Ft Est. Value

Last Sold September 24, 2013

Last sale price $40,299 $30 Per Sq Ft

Est. 333% increase in value since last sale

Current estimated payment $1,100/month

27 Days on Market

Highlights

  • 1 Fireplace
  • Corner Lot
  • Covered patio or porch
  • NorthWood High School Rated A-
  • Mud Room
  • Double Pane Windows

About This Home

As of September 2013

2 Bedroom, 1.5 Bath home in town Nappanee. Corner lot and a wood burning stove to help with the heating costs in the winter. Priced to sell.

Last Listed By

Greg White

Re/Max Lakes Listed on: 08/09/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $616

Year Built

  • Built in 1900

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 66x66
  • Corner Lot
  • Level Lot

Home Design

  • Slab Foundation
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,356 Sq Ft Home
  • 1.5-Story Property
  • 1 Fireplace
  • Double Pane Windows
  • Mud Room
  • Disposal
  • Partially Finished Basement

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms

Outdoor Features

  • Covered patio or porch

Schools

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

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 20-13-36-259-011.000-021

Home Details

Home Type

Single Family

Est. Annual Taxes

$616

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1900
  • Style: One and Half Story
  • Total Number of Rooms: 6
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 2
  • Total Full Bathrooms: 1
  • Total Number of Half Bathrooms: 1
  • Legal Description: ROSENBERGERS 1ST S 66 FT LOT 363 |
  • Parcel Number ID: 20-13-36-259-011.000-021
  • Platted: Yes
  • Amenities: Disposal, Porch Covered
  • Grid: 60 Elkhart Co.
  • Sp Lp Percent: 94.82
  • Year Taxes Payable: 2013
  • Special Features: 1028
  • Stories: 1

Interior Features

  • Total Sq Ft: 1356
  • Total Finished Sq Ft: 1356
  • Above Grade Finished Sq Ft: 1356
  • Price Per Sq Ft: 29.72
  • Basement Foundation: Partial Basement, Slab, Unfinished
  • Number Of Fireplaces: 1
  • Fireplace: One, Wood Burning Stove
  • Fireplace: Yes
  • Flooring: Carpet, Laminate
  • Living Great Room: Dimensions: 20x14, On Level: Main
  • Kitchen: Dimensions: 10x12, On Level: Main
  • Dining Room: Dimensions: 10x10, On Level: Main
  • Bedroom 1: Dimensions: 10x12, On Level: Upper
  • Bedroom 2: Dimensions: 8x10, On Level: Upper
  • Other Room1: Mudroom, Dimensions: 10x12
  • Other Room 3: Mud Room
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Outbuilding1: Shed, Dimensions: 10x10

Utilities

  • Heating Fuel: Gas, Forced Air
  • 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: Corner, Level
  • Lot Dimensions: 66X66
  • Estimated Lot Sq Ft: 4356
  • Estimated Lot Size Acres: 0.1

Green Features

  • Energy Efficient Windows/Doors: Double Pane Windows

Tax Info

  • Annual Taxes: 616.28

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
Aug 9, 2013
Closed on
Sep 17, 2013
Sold by
Us Bank Na
Bought by
Mikel Eldon L and Mikel Kathy E
Seller's Agent
Greg White
Re/Max Lakes
Buyer's Agent
NON-MEMBER MEMBER
NonMember KBOR
List Price
$46,000
Sold Price
$40,299
Premium/Discount to List
-$5,701
-12.39%
Total Days on Market
27
Current Estimated Value
$174,644

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,345

Purchase Details

Closed on
Jun 26, 2013
Sold by
Mccready Eleanor L and Mccready Ronald E
Bought by
U S Bank Na

Purchase Details

Closed on
Jun 11, 2007
Sold by
Mccready Eleanor L
Bought by
Mccready Ronald E

Purchase Details

Closed on
Oct 28, 2002
Sold by
Bowser Jeffrey D and Bowser Sarah E
Bought by
Mccready Ronald E and Mccready Eleanor L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,200
Interest Rate
11.9%

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
Mikel Eldon L $40,299 None Available
U S Bank Na $55,250 None Available
Mccready Ronald E -- None Available
Mccready Ronald E -- Stewart Title Of Elkhart Of
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mccready Ronald E $17,601
Previous Owner Mccready Ronald E $69,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/24/2013 09/24/13 Sold $40,299 -12.4% $30 / Sq Ft
09/05/2013 09/05/13 Pending -- -- --
08/09/2013 08/09/13 For Sale $46,000 -- $34 / 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 $1,580 $133,700 $10,400 $123,300
2022 $1,580 $78,300 $0 $78,300
2021 $1,412 $112,100 $10,400 $101,700
2020 $2,127 $101,900 $10,400 $91,500
2019 $2,042 $97,700 $10,400 $87,300
2018 $1,722 $82,200 $10,400 $71,800
2017 $1,511 $75,200 $10,400 $64,800
2016 $1,441 $71,700 $10,400 $61,300
2014 $1,328 $66,100 $10,400 $55,700
2013 $1,328 $66,100 $10,400 $55,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 676665

Indiana Regional MLS

APN: 20-13-36-259-011.000-021