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(SOLD) $61,000

551 W Walnut Street Nappanee, IN  46550

  • 4 Beds
  • 2 Baths
  • 2,128 sq. Ft

Property Description for 551 W Walnut Street Nappanee, IN 46550

Unleash your creativity and bring this charming historical home back to life! Nestled in the heart of Nappanee, this spacious property offers endless possibilities for a full renovation. An enclosed wrap around porch greets you, and as you enter the home your eyes are automatically drawn to the high ceilings and intricate details. The living area flows into the dining and kitchen areas, leasing to a sunroom and oversized garage. A true abundance of space! The spacious bedrooms upstairs are also complimented by an oversized loft area. With its rich history and generous layout, this home is a blank canvas waiting for your vision. Whether you dream of restoring its original beauty or modernizing it with contemporary flair, the potential is boundless.

Address:551 W Walnut Street Nappanee IN 46550
Status:Sold
Sold On: 7/9/2024
Price:$62,000
Bedrooms:4 Beds
Bathrooms:1 Full Baths, 1 Half Baths
Sq. Feet:2,128
Year Built:1920
Lot Size:0.20
County: Elkhart County
Township: Locke
School System : Wa-Nee Community Schools
MLS #:202422254
Property Type:Site-Built Home

Lot Dimensions:8712sqft
Lot Description:Level
Directions:From South Bend City Center. Take US31 South to US6 E. Continue on N Rosenberger Street to W Walnut Street.
Total Sq. Ft. :2,128
Garage:Attached
Basement:Yes

Loan Price
$580
Price And Interest $318/month
Property Tax $237/month
MTG INS $0/month
HOME INS $25/month
Price
$61,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$237/month
Home Owner Insurance
$300 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Master Bedroom 15 x 10 Upper
2nd Bedroom 10 x 15 Upper
3rd Bedroom 10 x 15 Upper
4th Bedroom 15 x 10 Upper

Semi-Annual Property Tax:$1,424
Tax Year:2023
Mandatory HOA Fee:$

Subdivision: Stauffers
Zip Code:46550

High School:NorthWood
Middle School:NorthWood
Elementary School:Woodview

Total Sq. Ft.:2,128
Exterior Features:Aluminum, Asphalt, Vinyl
Fuel:Forced Air
Cool:Central Air
Heat:Forced Air
Total Rooms:4

Listing provided courtesy of Sejla Harbas with eXp Realty, LLC

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

121
Avg. DOM
$149.34
Avg. $ / Sq.Ft.
$ 215,400
Med. List Price

The house prices in Nappanee are indeed dropping at the moment. There has been a decrease in price of $24,500.00. 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 Down. The average house price is $165,000.00 and the average price per square feet is $139.28 per square feet. At the moment, the amount of homes listed is exactly 48 houses, with 9 with active status, 2 with pending status and 37 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 $1,669.10. 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 42 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 1399 minutes ago.

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

The cost of the most expensive home in Nappanee is $235,000.00. 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 1967.

The average size of properties in Nappanee is 1257.67 sq.ft. , the biggest one being 1872 sq.ft. and the smaller being 925 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.