NOT LISTED FOR SALE

802 S Summit St Nappanee, IN 46550

Estimated Value: $183,000 - $235,000

3 Beds
1.5 Baths
1,440 Sq Ft
$143/Sq Ft Est. Value

Last Sold August 27, 2013

Last sale price $58,000 $40 Per Sq Ft

Est. 255% increase in value since last sale

Current estimated payment $1,267/month

10 Days on Market

Highlights

  • Cul-De-Sac
  • 1-Story Property
  • Ceiling Fan
  • NorthWood High School Rated A-
  • Forced Air Heating and Cooling System
  • Level Lot

About This Home

As of August 2013

Immediate possession and low down payment terms available with this spacious ranch (wood floor joist modular) in a cul-de-sac location in Nappanee. Flexible floor plan, large family room could have formal dining at one end, central AC, city water & sewer, chain link fenced yard gives ample play area for children & pets. 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.

Last Agent to Sell the Property

David Blackwell

Blackwell Real Estate Listed on: 05/14/2013

Last Buyer's Agent

NON-MEMBER MEMBER

NonMember KBOR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $917

Year Built

  • Built in 1980

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 60x170
  • Cul-De-Sac
  • Chain Link Fence
  • Level Lot

Home Design

  • Shingle Roof
  • Stone Exterior Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,440 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Insulated Windows
  • Electric Dryer Hookup

Flooring

  • Parquet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Unfinished Basement

  • Block Basement Construction
  • Crawl Space

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 20-14-31-378-016-029

Home Details

Home Type

Single Family

Est. Annual Taxes

$917

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1980
  • Style: One Story
  • Bedrooms: 3
  • Total Full Bathrooms: 1
  • Total Number of Half Bathrooms: 1
  • Legal Description: Southwood Second Lot 23
  • Parcel Number ID: 20-14-31-378-016-029
  • Platted: Yes
  • Amenities: Ceiling Fan(s), Dryer Hook Up Electric
  • Grid: 60 Elkhart Co.
  • Sp Lp Percent: 96.83
  • State Id: 20-14-31-378-01
  • Special Features: None

Interior Features

  • Total Sq Ft: 1440
  • Total Finished Sq Ft: 1440
  • Above Grade Finished Sq Ft: 1440
  • Price Per Sq Ft: 40.28
  • Basement Foundation: Crawl, Unfinished
  • Basement Material: Block
  • Flooring: Parquet, Vinyl
  • Living Great Room: Dimensions: 11x16, On Level: Main
  • Kitchen: Dimensions: 11x14, On Level: Main
  • Family Room: Dimensions: 13x23, On Level: Main
  • Bedroom 1: Dimensions: 11x13, On Level: Main
  • Bedroom 2: Dimensions: 7x14, On Level: Main
  • Bedroom 3: Dimensions: 9x11, On Level: Main

Exterior Features

  • Exterior: Stone, Vinyl
  • Roof Material: Shingle
  • Outbuilding1: Shed, Dimensions: 8x8, 64
  • Fence: Chain Link

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Laundry: Dimensions: 6xMain, On Level: 11

Schools

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

Lot Info

  • Lot Description: Cul-De-Sac, Level
  • Lot Dimensions: 60x170
  • Estimated Lot Sq Ft: 10019
  • Estimated Lot Size Acres: 0.23
  • Zoning: R Residential

Green Features

  • Energy Efficient Windows/Doors: Insulated Glass Windows

Tax Info

  • Annual Taxes: 917
  • Exemptions: Homestead

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 14, 2020
Sold by
Martin David M
Bought by
Martin David M and Martin Rachel D
Current Estimated Value
$206,017

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 2, 2020
Sold by
Martin David M
Bought by
Martin David M and Martin Rachel D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 14, 2013
Closed on
Aug 27, 2013
Sold by
Fannie Mae
Bought by
Martin David M
Seller's Agent
David Blackwell
Blackwell Real Estate
Buyer's Agent
NON-MEMBER MEMBER
NonMember KBOR
List Price
$89,000
Sold Price
$58,000
Premium/Discount to List
-$31,000
-34.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.88%
Original Mortgage
$59,183
Interest Rate
4.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 29, 2012
Sold by
Duran Mario E and Duran Vania S
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Feb 23, 2012
Sold by
Duran Mario E and Duran Ana Gladys
Bought by
Graber Paul A

Purchase Details

Closed on
May 23, 2008
Sold by
Duran Mario and Duran Ana Gladys
Bought by
Duran Mario E and Duran Ana Gladys

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,000
Interest Rate
5.93%
Mortgage Type
New Conventional
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
Martin David M $111,720 Fidelity National Title
Martin David M $111,720 Fidelity National Title
Martin David M -- Fidelity National Title
Martin David M -- Meridian Title Corp
Federal National Mortgage Association $106,693 None Available
Graber Paul A -- None Available
Duran Mario E -- Land Grant Title Group Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martin David M $79,000
Closed Martin David M $84,000
Closed Martin David M $84,000
Previous Owner Martin David M $59,183
Previous Owner Duran Mario E $94,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2013 08/27/13 Sold $58,000 -34.8% $40 / Sq Ft
05/24/2013 05/24/13 Pending -- -- --
05/14/2013 05/14/13 For Sale $89,000 -- $62 / 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 $1,550 $160,900 $13,800 $147,100
2022 $1,550 $139,900 $13,800 $126,100
2021 $1,182 $113,000 $13,800 $99,200
2020 $1,142 $109,200 $13,800 $95,400
2019 $944 $96,700 $13,800 $82,900
2018 $798 $88,800 $14,000 $74,800
2017 $704 $83,500 $14,000 $69,500
2016 $711 $83,500 $14,000 $69,500
2014 $614 $77,700 $14,000 $63,700
2013 $748 $77,700 $14,000 $63,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 538504

Indiana Regional MLS

APN: 20-14-31-378-016.000-029