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(SOLD) $305,000

251 E Market Street Nappanee, IN  46550

  • 3 Beds
  • 3 Baths
  • 2,784 sq. Ft

Property Description for 251 E Market Street Nappanee, IN 46550

PRICE CHANGE FOR THIS GREAT HOME IN THIS MUCH DESIRED LOCATION IN NAPPANEE, IN! This partially furnished home offers a rare opportunity to live in one of Nappanee's most historic and well-preserved residences! Built in 1916, it was up-dated and renovated in the past 3 years for today's living, including a new kitchen and a large first floor bathroom/laundry area. With its 3 bedrooms and 2 and a half baths, it is a perfect family home and perfect also for families seeking an excellent school system, as well as retirees who will appreciate the three minute walk to the town center and its many charming stores and restaurants. From the large windows that front onto US 6, you will see passing by a cross-section of today's industry, citizenry, and Amish community without the annoyance of street noise due to the high degree of sound insulation installed in this historic brick home. With municipal parks, trails and artworks, a municipal golf course, and a municipal airport, you can live in a classic small town with an approximate population of 7,000 that has taken pains to provide world class recreational facilities to the area. With its detached garage, great location and ample living space, this historic brick home must be seen.

Address:251 E Market Street Nappanee IN 46550
Status:Sold
Sold On: 1/23/2024
Price:$389,900
Bedrooms:3 Beds
Bathrooms:2 Full Baths, 1 Half Baths
Sq. Feet:2,784
Year Built:1916
Lot Size:0.20
County: Elkhart County
Township: Union
School System : Wa-Nee Community Schools
MLS #:202333502
Property Type:Site-Built Home

Lot Dimensions:66X132
Lot Description:Level
Directions:2 blocks east on Highway 6 from downtown traffic signal
Total Sq. Ft. :2,784
Garage:Detached
Basement:Yes

Loan Price
$2,026
Price And Interest $1,591/month
Property Tax $308/month
MTG INS $0/month
HOME INS $127/month
Price
$305,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$308/month
Home Owner Insurance
$1,524 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Master Bedroom 14 x 19 Upper
2nd Bedroom 14 x 14 Upper
3rd Bedroom 10 x 13 Upper
Kitchen 14 x 14 Main
Family Room 19 x 16 Main
Dining Room 16 x 14 Main
Living Room 27 x 14 Main

Semi-Annual Property Tax:$1,849
Tax Year:All 22/23 taxes due are payable at closi
Mandatory HOA Fee:$

Subdivision: None
Zip Code:46550

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

Total Sq. Ft.:2,784
Appliances:Dishwasher, Microwave, Refrigerator, Washer, Window Treatments, Dryer-Electric, Kitchen Exhaust Hood, Range-Gas, Sump Pump, Water Heater Gas, Water Softener-Owned, Window Treatment-Blinds
Exterior Features:Brick
Fuel:Gas, Radiator
Fireplace(s):Family Rm, Living/Great Rm, Wood Burning
Cool:Central Air
Heat:Gas, Radiator
Total Rooms:10

Schools in 251 E Market Street Nappanee, IN  46550


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Listing provided courtesy of Pam Sellers with Wawasee Sails & Rentals

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than F.C. Tucker Company include the name of the listing IDX broker. This 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. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.



Nappanee Market Report

56
Avg. DOM
$140.01
Avg. $ / Sq.Ft.
$ 189,900
Med. List Price

The house prices in Nappanee are not dropping at the moment. There has been a increase in price of $68,633.33. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.

The housing market and house prices in Nappanee are going Up. The average house price is $211,400.00 and the average price per square feet is $133.58 per square feet. At the moment, the amount of homes listed is exactly 49 houses, with 6 with active status, 10 with pending status and 33 sold in Nappanee .

The most popular place to buy a home in Nappanee is . is where we have the most properties listed and there seems to be the most demand to buy a house. Some people love to live in the most popular areas of a city, and others prefer to live in an area that is less busy. Regardless of your preference, we have a vast variety of listings and agents to help you find a house in Nappanee .

The average amount of property taxes you would have to pay for a home in Nappanee is $2,000.57. It is important to consider property taxes when purchasing a home. Property taxes are tied to the value of the home. The more expensive the home is, the higher the taxes will be.

Properties in Nappanee are staying listed for an average of 60 days. A good way to tell if you are in a buyer's or seller's market is to look at the average days on market for homes in the area. A low number of average days on market indicate a seller's market whereas a high number of average days on market indicate a buyer's market.

The last home listed in Nappanee was 1450 minutes ago.

At the moment we have 0 open houses that you can visit.

The cost of the most expensive home in Nappanee is $319,000.00. There are several reasons to consider buying an expensive home. They typically have great amenities, will be in great condition, and have plenty of space inside and outside of the home. Expensive real estate usually appreciates very fast, making it a good investment if you can afford it.

The cost of the cheapest home in Nappanee is $68,000.00 . Buying a cheap house can have many benefits including keeping your payments low, allowing more room in your budget to customize or improve the house, as well as allowing you to pay of your mortgage faster.

The date of the oldest built home in Nappanee in year 1900 and the newest built house is in year 1959.

The average size of properties in Nappanee is 1599.33 sq.ft. , the biggest one being 2396 sq.ft. and the smaller being 1221 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.