NOT LISTED FOR SALE

952 W Walnut St Nappanee, IN 46550

19 Beds
13 Baths
12,022 Sq Ft
0.65 Acres

Last Sold April 20, 2023

Last sale price $750,000 $62 Per Sq Ft

190 Days on Market

Highlights

  • Corner Lot
  • Multiple cooling system units
  • Wood Siding
  • NorthWood High School Rated A-
  • Partially Carpeted
  • 1-Story Property

About This Home

As of April 2023

Nappanee investment opportunity! 13 unit apartment complex with great income. 12 units were renovated since 2014. New 13th unit will provide additional income. New roof in 2020.

Last Agent to Sell the Property

Steve Miller

RE/MAX Results Listed on: 06/14/2022

RE/MAX Results

Last Buyer's Agent

Steve Miller

RE/MAX Results Listed on: 06/14/2022

RE/MAX Results

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $10,225

Year Built

  • Built in 1957

Lot Details

  • 0.65 Acre Lot
  • Corner Lot

Home Design

  • Brick Exterior Construction
  • Rubber Roof
  • Wood Siding

Interior Spaces

  • 12,022 Sq Ft Home
  • 1-Story Property

Flooring

  • Partially Carpeted
  • Vinyl

Bedrooms and Bathrooms

  • 19 Bedrooms
  • 13 Full Bathrooms

Parking

  • 10 Parking Spaces
  • Parking Lot
  • Off-Street Parking

Location

  • Suburban Location

Schools

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

Utilities

  • Multiple cooling system units
  • Multiple Heating Units
  • Gas Water Heater

Listing and Financial Details

  • The owner pays for building insurance, electric, fuel, heating, lawn maintenance, maintenance, sewer, snow removal, tax, trash collection, water
  • Assessor Parcel Number 20-13-36-179-006.000-021

Community Details

Overview

  • 13 Units

Pet Policy

  • Pet Restriction

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $26,280
  • Fuel Expense $2,568
  • Insurance Expense $2,000
  • Trash Expense $1,080
  • Water Sewer Expense $8,592

Property Details

Home Type

Apartment

Est. Annual Taxes

$10,225

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Apartment Building
  • Year Built: 1957
  • Age: 66
  • Style: One Story
  • Bedrooms: 19
  • Number Above Grade Bedrooms: 19
  • Total Bathrooms: 13
  • Total Full Bathrooms: 13
  • Legal Description: ADAM V GUISS LOT 16; LOTS 14 & 15 &; VAC ALLEY; BTW
  • Parcel Number ID: 20-13-36-179-006.000-021
  • Platted: Yes
  • Amenities: Off Street Parking, Water Heater Gas
  • Location: City/Town/Suburb
  • Sp Lp Percent: 90.91
  • Monthly Gross Income: 11000
  • Year Taxes Payable: 2022/Pay 2023
  • Special Features: None

Interior Features

  • Total Sq Ft: 12022
  • Total Finished Sq Ft: 12022
  • Above Grade Finished Sq Ft: 12022
  • Price Per Sq Ft: 62.39
  • Flooring: Part Carpet, Vinyl
  • Number Of Ranges Ovens: 13

Exterior Features

  • Exterior: Brick, Wood
  • Roof Material: Rubber
  • Stories: 1

Garage/Parking

  • Number Of Parking Spaces: 10
  • Parking: Lot, Off Street

Utilities

  • Cooling: Multiple Cooling Units
  • Heating Fuel: Electricity, Multiple Heating Systems
  • Sewer: City
  • Water Utilities: City
  • Electric Company: NIPSCO
  • Gas Company: NIPSCO
  • Annual Electric: 26280
  • Annual Fuel Expense: 2568
  • Annual Insurance Expense: 2000
  • Annual Trash Expense: 1080
  • Annual Water Sewer Expense: 8592
  • Number Electric Meters: 1
  • Number Gas Meters: 1
  • Number Of W D Hookups: 1
  • Number Water Meters: 1

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

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

Lot Info

  • Lot Description: Corner
  • Lot Dimensions: .65 acre
  • Estimated Lot Sq Ft: 28314
  • Estimated Lot Size Acres: 0.65

Rental Info

  • Lease Term: Renewal Options
  • Owner Pays: Building Insurance, Electric, Fuel, Heating, Lawn Maintenance, Maintenance, Sewer, Snow Removal, Tax, Trash Collection, Water

Multi Family

  • Gross Monthly Rent: 11000
  • Number Of Refrigerators: 13
  • Number Of Units: 13
  • Num Of1 Bedrooms: 7
  • Num Of2 Bedrooms: 6
  • Num Of Units Rented: 12

Tax Info

  • Annual Property Tax: 10225

MLS Schools

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

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2023 04/20/23 Sold $750,000 -9.1% $62 / Sq Ft
12/21/2022 12/21/22 Pending -- -- --
12/15/2022 12/15/22 For Sale $825,000 +10.0% $69 / Sq Ft
12/15/2022 12/15/22 Off Market $750,000 -- --
10/26/2022 10/26/22 For Sale $825,000 0.0% $69 / Sq Ft
07/25/2022 07/25/22 Pending -- -- --
06/14/2022 06/14/22 For Sale $825,000 -- $69 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Steve Miller

    Seller's Agent in 2023

    Steve Miller

    RE/MAX

    (574) 238-1436

    5 in this area

    360 Total Sales

    Steve Miller
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202224115

Indiana Regional MLS
Indiana Elkhart County Nappanee 46550

952 W Walnut St, Nappanee, IN

This home is located at 952 W Walnut St, Nappanee, IN 46550 since 14 June 2022. This property was built in 1957. 952 W Walnut St is a home located in Elkhart County with nearby schools including NorthWood High School, South Side Christian School, and Rolling Meadow School.

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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