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$204,000 ↓$26,000on 11/21/2024(Pending)

202 Reed Street Nappanee, IN  46550

  • 3 Beds
  • 1 Baths
  • 925 sq. Ft

Property Description for 202 Reed Street Nappanee, IN 46550

This MOVE IN READY home is a gem! With a complete remodel, you can enjoy modern comforts and peace of mind. The updates—including a new roof, heat/AC, flooring, fresh paint, and a 200amp electrical system—ensure a hassle-free living experience. The spacious 36 X 28 pole barn with electricity adds versatility for storage or hobbies. Plus, being directly across from South Park means easy access for family outings and fun in the sun! All that's left is for a loving family to make this house a home. Don't miss out on this fantastic opportunity! Motivated seller!

Address:202 Reed Street Nappanee IN 46550
Status:Pending
on site: 55 days
Price:$204,000
Bedrooms:3 Beds
Bathrooms:1 Full Baths
Sq. Feet:925
Year Built:1962
Lot Size:0.21
County: Elkhart County
Township: Locke
School System : Wa-Nee Community Schools
MLS #:202440367
Property Type:Site-Built Home

Lot Dimensions:66 X 137
Lot Description:Irregular
Directions:SR 19 South of 6 to Reed
Total Sq. Ft. :925
Basement:No

Loan Price
$1,322
Price And Interest $1,064/month
Property Tax $173/month
MTG INS $0/month
HOME INS $85/month
Price
$204,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$173/month
Home Owner Insurance
$1,020 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

DateOld PriceNew PricePercent Change
11/21/24 $230,000 $204,000 -11.3%
10/25/24 $235,000 $230,000 -2.13%

RoomSizeLevel
Master Bedroom 14 x 12 Main
2nd Bedroom 12 x 8 Main
3rd Bedroom 12 x 8 Main

Semi-Annual Property Tax:$1,040
Tax Year:2023
Mandatory HOA Fee:$

Subdivision: None
Zip Code:46550

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

Total Sq. Ft.:925
Appliances:Microwave, Refrigerator, Range-Gas
Exterior Features:Aluminum
Fuel:Forced Air
Fireplace(s):Living/Great Rm, Electric
Cool:Central Air
Heat:Forced Air
Total Rooms:3

Listing provided courtesy of America Martinez with Cressy & Everett- Elkhart

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

107
Avg. DOM
$145.92
Avg. $ / Sq.Ft.
$ 215,400
Med. List Price

The house prices in Nappanee are not dropping at the moment. There has been a increase in price of $3,250.00. 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 $218,800.00 and the average price per square feet is $148.35 per square feet. At the moment, the amount of homes listed is exactly 43 houses, with 15 with active status, 1 with pending status and 27 sold in Nappanee .

The most popular place to buy a home in Nappanee is 2014 - Elkhart - Union. 2014 - Elkhart - Union 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 $1,814.99. 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 48 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 7248 minutes ago.

At the moment we have 1 open houses that you can visit.

The cost of the most expensive home in Nappanee is $349,000.00. 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 1880 and the newest built house is in year 2022.

The average size of properties in Nappanee is 1473.8 sq.ft. , the biggest one being 2250 sq.ft. and the smaller being 972 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.