NOT LISTED FOR SALE

602 S Madison St Nappanee, IN 46550

Estimated Value: $213,000 - $230,759

3 Beds
1 Bath
2,564 Sq Ft
$87/Sq Ft Est. Value

Last Sold June 26, 2015

Last sale price $89,167 $35 Per Sq Ft

Est. 147% increase in value since last sale

Current estimated payment $1,360/month

121 Days on Market

Highlights

  • 1 Car Detached Garage
  • NorthWood High School Rated A-
  • Level Lot

About This Home

As of June 2015

This 1/2 Story Home has 4 bedrooms, 2 on ML, 2 UL, 1 1/2 baths, and ML laundry.Being sold in AS IS condition. Proof of funds or pre-approval letter for the approved amount, and copy of earnest money check are required with all offers submitted. Buyer to verify taxes, schools, square footage, lot size, water, sewer, zoning.

Last Agent to Sell the Property

Kendrae Hilty

RE/MAX 100 Elkhart Listed on: 02/09/2015

RE/MAX 100 Elkhart

Last Buyer's Agent

Patricia Miller

Century 21 Circle

Century 21 Circle

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $841

Year Built

  • Built in 1918

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 66 x 132
  • Level Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 1.5-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Schools

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

Utilities

  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 20-14-31-355-007.000-029

Home Details

Home Type

Single Family

Est. Annual Taxes

$841

Year Built

Built in 1918

Lot Details

0

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1918
  • Age: 97
  • Style: One and Half Story
  • Total Number of Rooms: 6
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: CULPS ADD LOT 527 |
  • Parcel Number ID: 20-14-31-355-007.000-029
  • Platted: Yes
  • Inside City Limits: Yes
  • Sp Lp Percent: 100
  • Year Taxes Payable: 13-14
  • Special Features: 1028
  • Stories: 1

Interior Features

  • Total Sq Ft: 3536
  • Total Finished Sq Ft: 2564
  • Above Grade Finished Sq Ft: 2564
  • Below Grade Sq Ft: 972
  • Price Per Sq Ft: 34.78
  • Basement: Yes
  • Basement Foundation: Unfinished
  • Bedroom 1: On Level: Main
  • Bedroom 2: On Level: Upper
  • Bedroom 3: On Level: Upper
  • Main Level Sq Ft: 1592
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 972

Exterior Features

  • Exterior: Vinyl
  • Outbuilding1: None

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 1
  • Garage: Yes

Utilities

  • Heating Fuel: Gas
  • 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: Level, 0-2.9999
  • Lot Dimensions: 66 x 132
  • Estimated Lot Sq Ft: 8712
  • Estimated Lot Size Acres: 0.2

Tax Info

  • Annual Taxes: 841

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 25, 2022
Sold by
Peachey Elrose
Bought by
St Julien Maxon and St Julien Glenna
Current Estimated Value
$219,885

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Outstanding Balance
$105,935
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$115,685

Purchase Details

Listed on
Feb 9, 2015
Closed on
Jun 26, 2015
Sold by
Peachey Elrose
Bought by
Mennonite Mutual Land Trustee Corp and Mennonite Mutual Land Trust
Seller's Agent
Kendrae Hilty
RE/MAX 100 Elkhart
Buyer's Agent
Patricia Miller
Century 21 Circle
List Price
$109,000
Sold Price
$89,167
Premium/Discount to List
-$19,833
-18.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.40%

Purchase Details

Listed on
Feb 9, 2015
Closed on
Jun 24, 2015
Sold by
Jpmorgan Chase Bank Na
Bought by
Peachey Elrose
Seller's Agent
Kendrae Hilty
RE/MAX 100 Elkhart
Buyer's Agent
Patricia Miller
Century 21 Circle
List Price
$109,000
Sold Price
$89,167
Premium/Discount to List
-$19,833
-18.2%

Purchase Details

Closed on
Jan 28, 2015
Sold by
Stouder Cheyne L
Bought by
Jpmorgan Chase Bank Na

Purchase Details

Closed on
Mar 28, 2008
Sold by
Pippenger Edgar J and Pippenger Jaclyn L
Bought by
Stouder Cheyne L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,500
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
St Julien Maxon -- Heritage Parke Title
Peachey Elrose -- --
Mennonite Mutual Land Trustee Corp -- Metropolitan Title
Peachey Elrose $89,167 Metropolitan Title Indiana L
Jpmorgan Chase Bank Na $104,000 None Available
Stouder Cheyne L -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open St Julien Maxon $110,000
Previous Owner Stouder Cheyne L $120,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2015 06/26/15 Sold $89,167 -18.2% $35 / Sq Ft
06/10/2015 06/10/15 Pending -- -- --
02/09/2015 02/09/15 For Sale $109,000 -- $43 / 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 $1,872 $197,200 $13,200 $184,000
2022 $1,872 $171,000 $13,200 $157,800
2021 $2,828 $136,400 $13,200 $123,200
2020 $2,672 $128,600 $13,200 $115,400
2019 $2,357 $113,300 $13,200 $100,100
2018 $2,240 $107,400 $13,400 $94,000
2017 $2,014 $100,700 $13,400 $87,300
2016 $2,018 $100,900 $13,400 $87,500
2014 $801 $86,600 $13,400 $73,200
2013 $841 $86,600 $13,400 $73,200
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2015

    Kendrae Hilty

    RE/MAX

    (574) 536-0994

    2 in this area

    45 Total Sales

    Section Image
  • Patricia Miller

    Buyer's Agent in 2015

    Patricia Miller

    Century 21 Circle

    (574) 202-1778

    8 in this area

    115 Total Sales

    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 201520068

Indiana Regional MLS

APN: 20-14-31-355-007.000-029

Indiana Elkhart County Nappanee 46550

602 S Madison St, Nappanee, IN

This home is located at 602 S Madison St, Nappanee, IN 46550 since 09 February 2015 and is currently estimated at $223,440, approximately $87 per square foot. This property was built in 1918. 602 S Madison St is a home located in Elkhart County with nearby schools including NorthWood High School, South Side Christian School, and Sunny Meadow Amish School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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