NOT LISTED FOR SALE

801 E Market St Nappanee, IN 46550

Estimated Value: $213,143 - $241,000

3 Beds
2 Baths
1,000 Sq Ft
$224/Sq Ft Est. Value

Last Sold October 16, 2017

Last sale price $88,000 $88 Per Sq Ft

Est. 154% increase in value since last sale

Current estimated payment $1,390/month

21 Days on Market

Highlights

  • 1 Car Attached Garage
  • Central Air
  • Level Lot
  • NorthWood High School Rated A-

About This Home

As of October 2017

Great opportunity! This property has recently been used as a hair salon and office but could easily be converted back to a residential property. The owner could also run a business on the main level and have living quarters on the upper level.

Last Listed By

Jim Scollon

RE/MAX 100 Listed on: 09/06/2017

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1900

Lot Details

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

Parking

  • 1 Car Attached Garage

Interior Spaces

  • 2-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms

Basement

  • Michigan Basement
  • Stone or Rock in Basement

Utilities

  • Central Air
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 20-14-31-328-006.000-029

Home Details

Home Type

Single Family

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1900
  • Age: 117
  • Style: Two Story
  • Total Number of Rooms: 8
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: STAHLEYS N 132 FT OF E 66 FEET LOT 1
  • Parcel Number ID: 20-14-31-328-006.000-029
  • Platted: Yes
  • Sp Lp Percent: 88.89
  • Special Features: None

Interior Features

  • Total Sq Ft: 2154
  • Total Finished Sq Ft: 1000
  • Above Grade Finished Sq Ft: 1000
  • Above Grade Unfinished Sq Ft: 700
  • Below Grade Sq Ft: 454
  • Basement: Yes
  • Basement Foundation: Michigan Basement
  • Basement Material: Stone
  • Bedroom 1: Dimensions: 14x12, On Level: Upper
  • Bedroom 2: Dimensions: 12x12, On Level: Upper
  • Bedroom 3: Dimensions: 12x12, On Level: Main
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 454

Exterior Features

  • Exterior: Aluminum
  • Outbuilding1: None

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 1
  • Garage Size: Dimensions: 10x18
  • Garage Sq Ft: 180

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Conventional
  • Sewer: City
  • Water Utilities: City

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 132 x 66
  • Estimated Lot Sq Ft: 8712
  • Estimated Lot Size Acres: 0.2
  • Lot Number: 10

Tax Info

  • Annual Taxes: 2418
  • Total Assessed Value: 106100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 19, 2019
Sold by
Yoder Carl W and Yoder Angela E
Bought by
Baker Jacob M and Baker Jessica C
Total Days on Market
21
Current Estimated Value
$223,536

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,202
Outstanding Balance
$106,856
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$112,319

Purchase Details

Closed on
Mar 9, 2011
Sold by
Secretary Of Housing & Urban Development
Bought by
Lawrence Jack

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$19,875
Interest Rate
6%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Apr 28, 2010
Sold by
Holmes Stephen M and Holmes Jessica Lynn
Bought by
Midfirst Bank

Purchase Details

Closed on
May 20, 2004
Sold by
Michiana Affordable Housing Llc
Bought by
Holmes Stephen M and Holmes Jessica Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,203
Interest Rate
5.85%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 22, 2003
Sold by
Padgett Don A and Padgett Angela E
Bought by
Michiana Affordable Housing Llc

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
Baker Jacob M -- Near North Title Group
Lawrence Jack -- None Available
Midfirst Bank $108,044 None Available
Secretary Of Housing & Urban Development -- None Available
Holmes Stephen M -- Meridian Title Corp
Michiana Affordable Housing Llc $56,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Baker Jessica C $0
Open Baker Jacob M $120,202
Previous Owner Lawrence Jack $19,875
Previous Owner Holmes Stephen M $12,000
Previous Owner Holmes Stephen M $89,203
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2017 10/16/17 Sold $88,000 -11.1% $88 / Sq Ft
09/27/2017 09/27/17 Pending -- -- --
09/06/2017 09/06/17 For Sale $99,000 -- $99 / 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 $1,815 $191,200 $13,200 $178,000
2022 $1,815 $169,200 $13,200 $156,000
2021 $1,400 $135,900 $13,200 $122,700
2020 $1,320 $128,000 $13,200 $114,800
2019 $1,922 $92,500 $13,400 $79,100
2018 $3,387 $111,900 $25,000 $86,900
2017 $2,418 $107,900 $25,000 $82,900
2016 $2,418 $107,900 $25,000 $82,900
2014 $1,636 $81,400 $13,400 $68,000
2013 $1,636 $81,400 $13,400 $68,000
Source: Public Records

Agents Affiliated with this Home

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Source: Indiana Regional MLS

MLS Number: 201741343

Indiana Regional MLS

APN: 20-14-31-328-006.000-029