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Off market
  • $195,200

    206 E Broad Ave, Nappanee, IN 46550

    4beds
    2,304sqft
    MultiFamily
    Built in 1949
    -- sqft lot
    $195,200 Zestimate®
    $85/sqft
    $1,255 Estimated rent

    Home value

    $195,200

    $166,000 - $223,000

    $1,255/mo

    Zestimate® history
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    Owner options

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    $1,255/mo

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    $1,255/mo

    Rent Zestimate®

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    $1,264/mo

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    $1,264/mo

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    What's special

    This is a 3 unit rental property with downstairs 1 bdrm, 1 bath @ $700/month utilities included and upstairs A- $500/mo including utilities and upstairs B-$700/mo including utilities. Great investment rental income possibility!

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 1
    • 1/2 bathrooms: 2
    Heating
    • Forced air, Other, Gas
    Cooling
    • None
    Appliances
    • Included: Range / Oven, Refrigerator
    Features
    • Flooring: Carpet, Hardwood, Laminate
    • Basement: Crawl Space, Block
    • Has fireplace: No
    Interior area
    • Structure area source: Assessor
    • Total interior livable area: 2,304 sqft
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 6
    • Parking features: Off-street
    Features
    • Entry location: Unit 1 Level(Main),Unit 2 Level(Upper),Unit 3 Level(Main),Unit 4 Level(Upper)
    • Patio & porch: Porch
    • Exterior features: Vinyl, Cement / Concrete
    • Has view: Yes
    • View description: Territorial, City
    Lot
    • Size: 6,839 Square Feet
    • Features: Level, City/Town/Suburb
    Details
    • Parcel number: 201431103014000029

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Frame
    • Roof: Other
    Condition
    • Year built: 1949

    Utilities & green energy

    • Sewer: City
    • Water: City

    Community & HOA

    Location
    • Region: Nappanee

    Financial & listing details

    • Price per square foot: $85/sqft
    • Tax assessed value: $114,100
    • Annual tax amount: $3,152
    • Lease term: Unit 1 Rent Frequency(Monthly), Unit 2 Rent Frequency(Monthly), Unit 3 Rent Frequency(Monthly)
    • Total actual rent: 21600

    Price history

    DateEventPrice
    11/3/2020Listing removed$325,000$141/sqft
    Source: Hallmark Excellence Realty #202009813 Report a problem
    6/19/2020Price change$325,000-52.2%$141/sqft
    Source: Hire Weaver Realty #202009813 Report a problem
    3/17/2020Price change$680,000+423.1%$295/sqft
    Source: Hire Weaver Realty #202009813 Report a problem
    11/18/2015Listed for sale$130,000$56/sqft
    Source: Phil Hahn & Associates #0000698 Report a problem
    9/29/2015Listing removed$130,000$56/sqft
    Source: Phil Hahn & Associates #0000698 Report a problem
    6/10/2015Listed for sale$130,000$56/sqft
    Source: Phil Hahn & Associates #0000698 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,152 +6.7%$114,100 -25.7%
    2024$2,953 +5.7%$153,500 +7%
    2023$2,793 +7.5%$143,400 +5.9%
    2022$2,597 +49.5%$135,400 +8.1%
    2021$1,737 -4.6%$125,300 +49.9%
    2020$1,820 -0.1%$83,600 -4.5%
    2019$1,823 +13.1%$87,500 +0.1%
    2018$1,612 -13.3%$87,400 +8.4%
    2017$1,860 $80,600 -0.2%
    2016$1,860 +5.4%$80,800 -8.4%
    2014$1,764 -2.8%$88,200 -9.6%
    2013$1,814 -3.8%$97,600 +3.5%
    2012$1,886 +3.4%$94,300 +3.4%
    2011$1,824 -4.8%$91,200 -4.8%
    2010$1,916 -1%$95,800 -1%
    2009$1,936 $96,800
    Find assessor info on the county website

    Neighborhood: 46550

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Nappanee
    • Middle: NorthWood
    • High: NorthWood
    • District: Wa-Nee Community Schools

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    An equal housing lender. NMLS #10287.

    Sell for more on Zillow
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    $195,200
    2% more
    +$3,904
    With Zillow Showcase(estimated)
    $199,104