$1,250,000

952 W Walnut St Nappanee, IN 46550

Nappanee Area

Estimated payment $7,783/month

Total Views 1,582
19 Beds
13 Baths
12,022 Sq Ft
$104 Price per Sq Ft

Highlights

  • Corner Lot
  • Multiple cooling system units
  • Vinyl Flooring
  • North Wood Middle School Rated A
  • Ceiling Fan
  • 1-Story Property

About This Home

13 Unit apartment complex located in Nappanee with many recent updates. This property has a solid rental history. New roof in 2020. These are large units and a good mix of 2 and 1 bedroom.

Listing Agent

Jesse Riegsecker

Bright Star Real Estate Services LLC Brokerage Phone: 574-821-7653 Listed on: 09/04/2026

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $8,069

Year Built

  • Built in 1957

Lot Details

  • 28,314 Sq Ft Lot
  • Corner Lot

Parking

  • 15 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 12,022 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Vinyl Flooring

Bedrooms and Bathrooms

  • 19 Bedrooms
  • 13 Full Bathrooms

Schools

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

Utilities

  • Multiple cooling system units

Listing and Financial Details

  • Assessor Parcel Number 20-13-36-179-006.000-021

Community Details

Overview

  • 13 Units

Building Details

  • Electric Expense $36,400
  • Fuel Expense $7,650
  • Insurance Expense $8,500
  • Maintenance Expense $2,500
  • Trash Expense $2,795
  • Water Sewer Expense $9,942

Property Details

Home Type

Apartment

Est. Annual Taxes

$8,069

Year Built

Built in 1957

Lot Details

0.65 Acres

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Apartment Building
  • Year Built: 1957
  • Style: One Story
  • Bedrooms: 19
  • Total Bathrooms: 13
  • Total Full Bathrooms: 13
  • Legal Description: ADAM V GUISS ADDITION LOT 14 15 & 16 & VAC ALLEY BTW
  • Parcel Number ID: 20-13-36-179-006.000-021
  • Platted: Yes
  • Amenities: Ceiling Fan
  • Special Features: None

Interior Features

  • Total Sq Ft: 12022
  • Total Finished Sq Ft: 12022
  • Above Grade Finished Sq Ft: 12022
  • Basement Foundation: Slab
  • Flooring: Vinyl
  • Number Of Disposals: 13
  • Number Of Ranges Ovens: 13

Exterior Features

  • Exterior: Brick
  • Stories: 1

Garage/Parking

  • Number Of Parking Spaces: 15

Utilities

  • Cooling: Multiple Cooling Units
  • Heating Fuel: Electricity
  • Sewer: City
  • Water Utilities: City
  • Annual Electric: 36400
  • Annual Fuel Expense: 7650
  • Annual Insurance Expense: 8500
  • Annual Maintenance Expense: 2500
  • Annual Trash Expense: 2795
  • Annual Water Sewer Expense: 9942
  • Number Of W D Hookups: 1

Schools

  • Elementary School: Nappanee

Lot Info

  • Lot Description: Corner
  • Lot Dimensions: ireg
  • Estimated Lot Sq Ft: 28314
  • Estimated Lot Size Acres: 0.65

Rental Info

  • Lease Term: 1 Year, Month to Month
  • Owner Pays: Electric, Heating, Snow Removal, Sewer

Tax Info

  • Annual Property Tax: 8068.7

Multi Family

  • Number Of Dryers: 3
  • Number Of Refrigerators: 13
  • Number Of Units: 13
  • Number Of Washers: 3
  • Num Of1 Bedrooms: 7
  • Num Of2 Bedrooms: 6

MLS Schools

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

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $6,966 $393,900 $63,000 $330,900
2024 $8,578 $328,800 $328,800
2022 $8,578 $495,600 $63,000 $432,600
2021 $9,652 $465,600 $63,000 $402,600
2020 $9,298 $447,500 $63,000 $384,500
2019 $10,052 $483,200 $63,000 $420,200
2018 $10,852 $520,400 $92,400 $428,000
2017 $9,762 $488,100 $92,400 $395,700
2016 $10,798 $539,900 $92,400 $447,500
2014 $5,286 $264,300 $92,400 $171,900
2013 $7,404 $332,200 $92,400 $239,800
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/04/2026 09/04/26 For Sale $1,250,000 -- $104 / Sq Ft
Source: Indiana Regional MLS

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed -- Metropolitan Title
Warranty Deed -- Mtc
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Warranty Deed -- Heritage Parke Title Llc
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $600,000 New Conventional
Previous Owner $388,125 New Conventional
Previous Owner $450,000 Commercial
Previous Owner $575,000 Commercial
Previous Owner $418,000 Future Advance Clause Open End Mortgage
Source: Public Records

Source: Indiana Regional MLS

MLS Number: 202636733

Indiana Regional MLS
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