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For sale
    • Price cut: $9.9K (7/8)
    $235,000

    502 W Market St, Nappanee, IN 46550

    3beds
    1,273sqft
    : 
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    Single Family Residence
    Built in ----
    8,712 Square Feet Lot
    $232,400 Zestimate®
    $185/sqft
    $-- HOA

    What's special

    Beautifully finished woodworkCentral airGas forced heatFenced-in backyardTall ceilingsWonderful character throughoutBrand-new washer and dryer
    Charming and well loved 3-4 bedroom home ideally located on Main Street in the heart of downtown Nappanee, just steps from fun local shops, great restaurants, and favorite coffee houses. This move-in-ready home features beautifully finished woodwork, tall ceilings, large rooms, and wonderful character throughout. Major mechanical updates have been completed within the last five years, including a brand-new furnace (2026), water heater (2024), and sump pump (2024), partial update to the home roof offering added peace of mind for the next owner. The home also offers central air, gas forced heat, and all stainless-steel appliances remain, including the brand-new washer and dryer. Enjoy the convenience of a main-level primary bedroom and bathroom, a welcoming front porch perfect for relaxing evenings, a charming detached two-car stone-faced garage, and plenty of room for outside parking for company. The fenced-in backyard features a newly installed cement pad large enough for a fire pit and surrounding chairs, creating the perfect space to gather with friends and family.Don't wait, this one won't last. Call today.
    87 days
    |
    1,336
    |
    50
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Lana K Ball 574-286-6537,

    Ball Auction & Realty

    Source: My State MLS,MLS#: 11716823

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 1
      • Full bathrooms: 1
      Rooms
      • Room types: Bonus Room, Dining Room, First Floor Bathroom, First Floor Master Bedroom, Kitchen, Living Room, Private Guest Room
      Kitchen
      • Features: Pass-Through
      Basement
      • Area: 0
      Heating
      • Natural Gas, Forced Air
      Cooling
      • Central
      Appliances
      • Included: Stainless Steel Appliances
      Features
      • Flooring: Carpet
      • Basement: Partial,Unfinished
      • Has fireplace: No
      Interior area
      • Total structure area: 1,273
      • Total interior livable area: 1,273 sqft
      • Finished area above ground: 1,273

      Property

      Parking
      • Total spaces: 2
      • Parking features: Detached
      • Garage spaces: 2
      Features
      • Stories: 2
      • Patio & porch: Covered Porch, Open Porch, Deck
      • Fencing: Fenced
      • Has view: Yes
      • View description: Street
      Lot
      • Size: 8,712 Square Feet
      Details
      • Parcel number: 201336259014.000.021
      • Lease amount: $0

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Frame, Stone Siding, Vinyl Siding
      • Roof: Asphalt
      Condition
      • New construction: No
      • Year built: 0

      Utilities & green energy

      • Electric: Amps(100)
      • Sewer: Municipal
      • Water: Municipal
      • Utilities for property: Naturl Gas Available

      Community & HOA

      HOA
      • Has HOA: No
      Location
      • Region: Nappanee

      Financial & listing details

      • Price per square foot: $185/sqft
      • Tax assessed value: $177,300
      • Annual tax amount: $1,744
      • Date on market: 4/22/2026
      • Date available: 04/22/2026
      • Listing agreement: Exclusive

        Estimated market value

        $232,400

        $221,000 - $244,000

        $1,419/mo

        Price history

        DateEventPrice
        7/8/2026Price change$235,000-4%$185/sqft
        Source: My State MLS #11716823 Report a problem
        7/2/2026Price change$244,900-2%$192/sqft
        Source: My State MLS #11716823 Report a problem
        4/22/2026Listed for sale$250,000+200.1%$196/sqft
        Source: My State MLS #11716823 Report a problem
        1/8/2020Sold$83,310-44.4%$65/sqft
        Source: Public Record Report a problem
        1/3/2020Listed for sale$149,900+152.3%$118/sqft
        Source: RE/MAX Results-Goshen #202000220 Report a problem
        12/22/2014Sold--0
        Source: Agent Provided Report a problem
        9/25/2012Sold$59,415-16.3%$47/sqft
        Source: Public Record Report a problem
        3/19/2012Sold$70,975-27.5%$56/sqft
        Source: Public Record Report a problem
        7/24/2008Sold$97,900$77/sqft
        Source: Agent Provided Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,744 +4.1%$177,300 +4.1%
        2024$1,675 +6.1%$170,300 +4.2%
        2023$1,580 +5.1%$163,400 +6.3%
        2022$1,504 +9.9%$153,700 +5.4%
        2021$1,368 +4.1%$145,800 +10%
        2020$1,314 +19%$132,600 +4.2%
        2019$1,104 +12%$127,300 +18.8%
        2018$986 +16.5%$107,200 +8.7%
        2017$846 $98,600 +4.9%
        2016$846 -2.8%$94,000 +7.9%
        2014$871 -46.4%$87,100 +7.1%
        2013$1,626 +96.4%$81,300 -0.4%
        2012$828 -9.5%$81,600 -9.4%
        2011$915 -5.3%$90,100 -5.4%
        2010$966 -5%$95,200 -5.1%
        2009$1,017 +15.8%$100,300 +23.4%
        2007$878 +17.4%$81,300 +8.3%
        2006$748 -5.7%$75,100
        2005$793 -4.8%$75,100
        2004$833 +15.7%$75,100
        2003$720 +5.1%$75,100 +118.3%
        2002$685 +9.3%$34,400 +199.9%
        2001$626 $11,470
        Find assessor info on the county website

        Monthly payment

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        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        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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        Climate risks

        Neighborhood: 46550

        Getting around

        64 / 100
        Somewhat Walkable
        74 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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