NOT LISTED FOR SALE

7888 W 800 N Nappanee, IN 46550

Estimated Value: $399,000 - $523,000

4 Beds
1.5 Baths
2,386 Sq Ft
$186/Sq Ft Est. Value

Last Sold January 09, 2013

Last sale price $218,000 $91 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $2,696/month

14 Days on Market

Highlights

  • Wood Flooring
  • Mud Room
  • 3 Car Detached Garage
  • NorthWood High School Rated A-
  • Covered patio or porch
  • Forced Air Heating and Cooling System

About This Home

As of January 2013

This is a Fannie Mae HomePath property. Purchase this property for as little as 3% down! This property is approved for HomePath Mortgage Financing and HomePath Renovation Mortgage Financing. Secluded 5 acre mini-farm down a long lane just minutes south of Nappanee. Covered wrap-around porch, hardwood floors in most rooms, modern kitchen, two woodburner hook-ups, detached 4 car garage built in 2003 (with electric and woodburner hook-up), 30x50 horse barn, fenced pasture areas. Great location. Value priced! Horse Property Horses Allowed

Last Agent to Sell the Property

David Blackwell

Blackwell Real Estate Listed on: 11/28/2012

Last Buyer's Agent

David Blackwell

Blackwell Real Estate Listed on: 11/28/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $689

Year Built

  • Built in 1900

Lot Details

  • 5.24 Acre Lot
  • Lot Dimensions are 407x560
  • Level Lot

Parking

  • 3 Car Detached Garage
  • Garage Door Opener

Home Design

  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 1.5-Story Property
  • Insulated Windows
  • Mud Room
  • Partially Finished Basement
  • Block Basement Construction
  • Disposal
  • Electric Dryer Hookup

Flooring

  • Wood
  • Parquet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Covered patio or porch

Utilities

  • Forced Air Heating and Cooling System
  • Baseboard Heating
  • Heating System Uses Gas
  • Propane
  • Private Company Owned Well
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 023-083-006.A

Home Details

Home Type

Single Family

Est. Annual Taxes

$689

Year Built

Built in 1900

Lot Details

0

Parking

3

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1900
  • Style: One and Half Story
  • Bedrooms: 4
  • Total Full Bathrooms: 1
  • Total Number of Half Bathrooms: 1
  • Legal Description: 023-083-006.A PT W 1/2 SW 31-34-5 5.24A
  • Parcel Number ID: 023-083-006.A
  • Platted: Yes
  • Amenities: Disposal, Dryer Hook Up Electric, Garage Door Opener, Porch Covered
  • Grid: 40 - N.W. Kosc.
  • Sp Lp Percent: 100.93
  • State Id: 43-02-31-300-10
  • Special Features: None

Interior Features

  • Total Sq Ft: 3002
  • Total Finished Sq Ft: 2386
  • Above Grade Finished Sq Ft: 2386
  • Below Grade Sq Ft: 616
  • Price Per Sq Ft: 91.37
  • Basement Foundation: Partial Basement, Unfinished
  • Basement Material: Block
  • Flooring: Hardwood Floors, Laminate, Parquet
  • Living Great Room: Dimensions: 17x21, On Level: Main
  • Kitchen: Dimensions: 13x14
  • Dining Room: On Level: Main
  • Den: Dimensions: 10x12, On Level: Main
  • Bedroom 1: Dimensions: 12x17, On Level: Main
  • Bedroom 2: Dimensions: 9x12, On Level: Upper
  • Bedroom 3: Dimensions: 10x13, On Level: Upper
  • Bedroom 4: Dimensions: 9x9, On Level: Upper
  • Other Room1: Mudroom, Dimensions: 7x13, On Level: Main
  • Other Room 2: Landing, Dimensions: 8x10, On Level: Upper
  • Other Room 3: Mud Room

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Outbuilding1: Barn, Dimensions: 50x30, 1500

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 3
  • Garage Size: Dimensions: 48x30
  • Garage Sq Ft: 1440

Utilities

  • Cooling: Central Air
  • Heating Fuel: Electric, Gas, Propane, Baseboard, Forced Air
  • Sewer: Septic
  • Water Utilities: Well
  • Laundry: Dimensions: 6xMain, On Level: 7
  • Well Size: 4 Inches
  • Well Type: Private

Schools

  • Elementary School: Nappanee
  • Middle School: NorthWood
  • High School: NorthWood

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 407x560
  • Estimated Lot Sq Ft: 228254
  • Estimated Lot Size Acres: 5.24
  • Zoning: A Agricultural District

Green Features

  • Energy Efficient Windows/Doors: Insulated Glass Windows

Tax Info

  • Annual Taxes: 689.08
  • Exemptions: Disabled Vet, Homestead, Mortgage

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 28, 2012
Closed on
Jan 8, 2013
Sold by
Fannie Mae
Bought by
Schwartz Kenneth L and Schwartz Monica E
Seller's Agent
David Blackwell
Blackwell Real Estate
Buyer's Agent
David Blackwell
Blackwell Real Estate
List Price
$216,000
Sold Price
$218,000
Premium/Discount to List
$2,000
0.93%
Current Estimated Value
$453,177

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$235,177
Avg. Annual Appreciation
6.05%
Original Mortgage
$185,300
Interest Rate
3.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Nov 28, 2012
Closed on
Nov 15, 2012
Sold by
1St Source Bank
Bought by
Federal National Mortgage Association
Seller's Agent
David Blackwell
Blackwell Real Estate
Buyer's Agent
David Blackwell
Blackwell Real Estate
List Price
$216,000
Sold Price
$218,000
Premium/Discount to List
$2,000
0.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,300
Interest Rate
3.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 23, 2012
Sold by
Cherins Sean L
Bought by
1St Source Bank

Purchase Details

Closed on
Oct 18, 2007
Sold by
Bontrager Leonard D and Bontrager Judy E
Bought by
Chernis Sean L and Chernis Amy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$269,000
Interest Rate
6.5%
Mortgage Type
New Conventional
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
Schwartz Kenneth L -- None Available
Federal National Mortgage Association -- None Available
1St Source Bank $180,000 None Available
Chernis Sean L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schwartz Kenneth L $15,000
Open Schwartz Kenneth L $202,000
Closed Schwartz Kenneth L $185,300
Previous Owner Chernis Sean L $269,000
Previous Owner Bontrager Leonard D $101,025
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/09/2013 01/09/13 Sold $218,000 +0.9% $91 / Sq Ft
12/12/2012 12/12/12 Pending -- -- --
11/28/2012 11/28/12 For Sale $216,000 -- $91 / 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 $2,318 $355,100 $34,700 $320,400
2023 $2,560 $357,600 $33,700 $323,900
2022 $2,868 $365,000 $32,700 $332,300
2021 $2,466 $301,500 $32,100 $269,400
2020 $2,398 $290,500 $28,500 $262,000
2019 $2,312 $281,900 $29,300 $252,600
2018 $2,428 $280,000 $45,400 $234,600
2017 $1,429 $211,900 $45,400 $166,500
2016 $1,392 $202,100 $42,300 $159,800
2014 $1,371 $190,300 $42,300 $148,000
2013 $1,371 $185,000 $42,300 $142,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 550049

Indiana Regional MLS

APN: 43-02-31-300-100.000-020