NOT LISTED FOR SALE

603 Short St Nappanee, IN 46550

Estimated Value: $116,000 - $178,588

4 Beds
2 Baths
744 Sq Ft
$201/Sq Ft Est. Value

Last Sold February 25, 2019

Last sale price $75,000 $101 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $1,095/month

1 Day on Market

Highlights

  • Forced Air Heating System
  • Level Lot
  • 1-Story Property
  • NorthWood High School Rated A-
  • Carpet

About This Home

As of February 2019

Pending before print

Last Agent to Sell the Property

Jill Robinson

eXp Realty, LLC Listed on: 02/13/2019

eXp Realty, LLC

Last Buyer's Agent

Steve Miller

RE/MAX Results-Goshen

RE/MAX Results-Goshen

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,823

Year Built

  • Built in 1980

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 110x115
  • Level Lot

Home Design

  • Duplex
  • Poured Concrete
  • Vinyl Construction Material

Interior Spaces

  • 744 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Off-Street Parking

Schools

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

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • 2 Units
  • Insurance Expense $1,500

Listing and Financial Details

  • Tenant pays for cable, electric, heating, lawn maintenance, sewer, trash collection
  • The owner pays for building insurance
  • Assessor Parcel Number 20-14-31-378-023.000-029

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,823

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1980
  • Age: 39
  • Style: One Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: SOUTHWOOD SECOND LOT 29
  • Parcel Number ID: 20-14-31-378-023.000-029
  • Platted: Yes
  • Amenities: Off Street Parking
  • Sp Lp Percent: 88.34
  • Monthly Gross Income: 600
  • Year Taxes Payable: 2017
  • Special Features: None

Interior Features

  • Total Sq Ft: 744
  • Total Finished Sq Ft: 744
  • Above Grade Finished Sq Ft: 744
  • Price Per Sq Ft: 100.81
  • Basement Foundation: Crawl
  • Basement Material: Poured Concrete
  • Flooring: Carpet, Laminate
  • Number Of Ranges Ovens: 1

Exterior Features

  • Exterior: Vinyl
  • Stories: 1

Garage/Parking

  • Number Of Parking Spaces: 2

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 1500
  • Number Of W D Hookups: 2

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 110x115
  • Estimated Lot Sq Ft: 12650
  • Estimated Lot Size Acres: 0.2904
  • Lot Number: 29

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Building Insurance
  • Tenant Pays: Cable, Electric, Heating, Lawn Maintenance, Sewer, Trash Collection

Tax Info

  • Total Assessed Value: 90200
  • Annual Property Tax: 1823

Multi Family

  • Gross Monthly Rent: 600
  • Number Of Refrigerators: 1
  • Number Of Units: 2
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 1

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
Feb 13, 2019
Closed on
Apr 8, 2019
Sold by
Kupty Adeeb and Kupty Wiam
Bought by
Awk Investments Llc
Seller's Agent
Jill Robinson
eXp Realty, LLC
Buyer's Agent
Steve Miller
RE/MAX Results-Goshen
List Price
$84,900
Sold Price
$75,000
Premium/Discount to List
-$9,900
-11.66%
Current Estimated Value
$161,122

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,122
Avg. Annual Appreciation
14.50%
Original Mortgage
$51,000
Interest Rate
4.3%
Mortgage Type
Commercial

Purchase Details

Listed on
Feb 13, 2019
Closed on
Feb 25, 2019
Sold by
Haynes Rhonda and Toney Rhonda
Bought by
Kupty Adeeb and Kupty Wiam
Seller's Agent
Jill Robinson
eXp Realty, LLC
Buyer's Agent
Steve Miller
RE/MAX Results-Goshen
List Price
$84,900
Sold Price
$75,000
Premium/Discount to List
-$9,900
-11.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,000
Interest Rate
4.3%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 8, 2017
Sold by
Sandy Toney Llc
Bought by
Toney Sandy

Purchase Details

Closed on
Aug 26, 2011
Sold by
Toney Sandra K
Bought by
Sandy Toney Llc

Purchase Details

Closed on
Jan 22, 2002
Sold by
Robinson Steven E
Bought by
Toney Robert G and Toney Sandra K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,500
Interest Rate
7.26%
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
Awk Investments Llc -- Near North Title Group
Kupty Adeeb -- Near North Title Group
Toney Sandy -- None Available
Sandy Toney Llc -- None Available
Toney Robert G -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Awk Investments Llc $142,500
Closed Awk Investments Llc $51,000
Previous Owner Toney Robert G $58,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2019 02/25/19 Sold $75,000 -11.7% $101 / Sq Ft
02/14/2019 02/14/19 Pending -- -- --
02/13/2019 02/13/19 For Sale $84,900 -- $114 / 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 $2,605 $126,500 -- $126,500
2022 $1,856 $147,200 $20,000 $127,200
2021 $2,519 $120,300 $20,000 $100,300
2020 $1,856 $88,500 $21,500 $67,000
2019 $1,859 $88,500 $21,500 $67,000
2018 $1,864 $88,500 $21,500 $67,000
2017 $1,823 $90,200 $21,500 $68,700
2016 $1,823 $90,200 $21,500 $68,700
2014 $1,886 $93,300 $21,500 $71,800
2013 $1,886 $93,300 $21,500 $71,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201905118

Indiana Regional MLS

APN: 20-14-31-378-023.000-029