Active

$171,000

501 S Summit St, Nappanee, IN 46550

2beds

1,041sqft

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Single Family Residence

Built in 1945

8,712 Square Feet Lot

$167,600 Zestimate^®

$--/sqft

$-- HOA

What's special

Spacious city lotNewer kitchen appliances

Charming 1.5-story home offering 1,400 square feet of comfortable living space! This home features 2 bedrooms, 1 full bathroom, and is situated on a spacious city lot with plenty of room to enjoy the outdoors. Main level flooring has been updated and there are newer kitchen appliances. Whether you’re a first-time homebuyer, looking to downsize, or searching for an investment opportunity, this property offers great potential. Conveniently located close to local amenities, it’s ready for you to make it your own!

4 days

667

38

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1
Main level bedrooms: 1

Bedroom 1

Level: Main

Bedroom 2

Level: Upper

Heating

Natural Gas

Cooling

Window Unit(s)

Appliances

Included: Dishwasher, Refrigerator, Washer, Dryer-Gas, Electric Oven, Electric Water Heater
Laundry: Gas Dryer Hookup, Washer Hookup

Features

Basement: Crawl Space
Has fireplace: No

Interior area

Total structure area: 1,041
Total interior livable area: 1,041 sqft
Finished area above ground: 1,041
Finished area below ground: 0

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Property

Features

Levels: One and One Half
Stories: 1.5

Lot

Size: 8,712 Square Feet
Dimensions: 132x72
Features: Corner Lot

Details

Additional structures: Garden Shed
Parcel number: 201431377017.000029

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Brick, Vinyl Siding

Condition

New construction: No
Year built: 1945

Utilities & green energy

Sewer: City
Water: City

Community & HOA

Community

Subdivision: None

Location

Region: Nappanee

Financial & listing details

Tax assessed value: $92,500
Annual tax amount: $684
Date on market: 7/1/2026

Estimated market value

$167,600

$159,000 - $176,000

$1,399/mo

Price history

Date	Event	Price
7/1/2026	Listed for sale	$171,000+42.5%
Source: IRMLS #202626059 Report a problem
7/13/2022	Sold	$120,000+4.3%$115/sqft
Source: Agent Provided Report a problem
6/14/2022	Contingent	$115,000$110/sqft
Source: My State MLS #11082788 Report a problem
6/7/2022	Listed for sale	$115,000$110/sqft
Source: My State MLS #11082779 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$685 +16.3%	$92,500 +6%
2024	$589 -7.9%	$87,300 +6.9%
2023	$640 -58.3%	$81,700 +3.5%
2022	$1,533 -0.2%	$78,900 +7.3%
2021	$1,536 +4.2%	$73,500
2020	$1,474 -0.3%	$73,500 +4.3%
2019	$1,478 +7.7%	$70,500
2018	$1,372 +6%	$70,500 +3.4%
2017	$1,294	$68,200 +2.1%
2016	$1,294 +4%	$66,800 +8.1%
2014	$1,244	$61,800
2013	$1,244 +0.8%	$61,800 +0.8%
2012	$1,234 +7.2%	$61,300 +7.7%
2011	$1,151 -4.6%	$56,900 -4.7%
2010	$1,207 -0.9%	$59,700 -1%
2009	$1,218	$60,300

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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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