NOT LISTED FOR SALE

702 N Main St Nappanee, IN 46550

Estimated Value: $122,000 - $192,754

3 Beds
1 Bath
1,480 Sq Ft
$115/Sq Ft Est. Value

Last Sold June 20, 2014

Last sale price $82,000 $55 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $1,001/month

Highlights

  • Corner Lot
  • Double Pane Windows
  • Hot Water Heating System
  • NorthWood High School Rated A-

About This Home

As of June 2014

Great starter home on large corner lot in Nappanee.

Last Agent to Sell the Property

ECBOR NonMember

NonMember ELK Listed on: 06/20/2014

Last Buyer's Agent

Kendrae Hilty

RE/MAX 100 Elkhart

RE/MAX 100 Elkhart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,310

Year Built

  • Built in 1940

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 57.75 x 190
  • Corner Lot
  • Level Lot

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 1.5-Story Property
  • Double Pane Windows
  • Unfinished Basement
  • Michigan Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Hot Water Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 20-13-36-230-010.000-021

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,310

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1940
  • Style: One and Half Story
  • Bedrooms: 3
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: PT E1/2 NE 57.75X190FT SEC 36 .252A
  • Parcel Number ID: 20-13-36-230-010.000-021
  • Platted: Yes
  • Cross Street: Park
  • Special Features: None

Interior Features

  • Total Sq Ft: 1880
  • Total Finished Sq Ft: 1480
  • Above Grade Finished Sq Ft: 1480
  • Below Grade Sq Ft: 400
  • Basement: Yes
  • Basement Foundation: Michigan Basement, Unfinished
  • Living Great Room: Dimensions: 18x14, On Level: Main
  • Kitchen: Dimensions: 19x11, On Level: Main
  • Dining Room: Dimensions: 13x11, On Level: Main
  • Bedroom 1: Dimensions: 13x10, On Level: Upper
  • Bedroom 2: Dimensions: 10x8, On Level: Upper
  • Bedroom 3: Dimensions: 12x6, On Level: Main
  • Main Level Sq Ft: 1064
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 400

Exterior Features

  • Exterior: Vinyl
  • Outbuilding1: None

Utilities

  • Heating Fuel: Gas, Hot Water
  • Sewer: City
  • Water Utilities: City

Lot Info

  • Lot Description: Corner, Level
  • Lot Dimensions: 57.75 x 190
  • Estimated Lot Sq Ft: 10977
  • Estimated Lot Size Acres: 0.252

Green Features

  • Energy Efficient Windows/Doors: Double Pane Windows

Tax Info

  • Annual Taxes: 1310

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2014
Closed on
Jun 20, 2014
Sold by
Morgan Thomas and Morgan Rosemary
Bought by
Stutzman Brant A
Seller's Agent
ECBOR NonMember
NonMember ELK
Buyer's Agent
Kendrae Hilty
RE/MAX 100 Elkhart
List Price
$85,000
Sold Price
$82,000
Premium/Discount to List
-$3,000
-3.53%
Current Estimated Value
$170,689

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,689
Avg. Annual Appreciation
6.62%
Original Mortgage
$83,673
Outstanding Balance
$63,596
Interest Rate
4.18%
Mortgage Type
New Conventional
Estimated Equity
$107,093

Purchase Details

Closed on
Apr 24, 2013
Sold by
Borkholder Alvin Jay and Borkholder Marlene K
Bought by
Morgan Thomas and Morgan Rosemary

Purchase Details

Closed on
Feb 11, 2002
Sold by
Borkholder Alvin Jay
Bought by
Borkholder Alvin Jay and Borkholder Marlene K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
7.14%
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
Stutzman Brant A -- Meridian Title Corp
Morgan Thomas $37,500 None Available
Borkholder Alvin Jay -- Meridian Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stutzman Brant A $83,673
Previous Owner Borkholder Alvin Jay $70,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/20/2014 06/20/14 Sold $82,000 -3.5% $55 / Sq Ft
06/20/2014 06/20/14 Pending -- -- --
06/20/2014 06/20/14 For Sale $85,000 -- $57 / 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 $1,190 $122,800 $13,400 $109,400
2022 $1,190 $106,100 $13,400 $92,700
2021 $1,013 $99,400 $13,400 $86,000
2020 $790 $88,700 $13,400 $75,300
2019 $673 $82,600 $13,400 $69,200
2018 $568 $76,900 $13,400 $63,500
2017 $533 $73,000 $13,400 $59,600
2016 $516 $70,600 $13,600 $57,000
2014 $592 $64,800 $13,600 $51,200
2013 $1,308 $64,800 $13,600 $51,200
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2014

    ECBOR NonMember

    NonMember ELK

  • K

    Buyer's Agent in 2014

    Kendrae Hilty

    RE/MAX

    (574) 536-0994

    2 in this area

    43 Total Sales

    Kendrae Hilty
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Map

Source: Indiana Regional MLS

MLS Number: 201426019

Indiana Regional MLS

APN: 20-13-36-230-010.000-021

Indiana Elkhart County Nappanee 46550

702 N Main St, Nappanee, IN

Not Listed for Sale

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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