For sale

Price cut: $5K (9/30)

$259,900

507 N Elm St, Nappanee, IN 46550

4beds

2,122sqft

$1,794/mo

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Single Family Residence

Built in 1935

8,712 Square Feet Lot

$254,800 Zestimate^®

$122/sqft

$-- HOA

What's special

Formal diningMaster on the mainNewer bath

Pride of Ownership is evident in this 3-4 BR 1 Bath Classic on nice city lot close to town and shopping. Tasteful decor, spacious family room off the back with tons of windows for natural light, master on the main with a newer bath too. Kitchen has been redone and is very nice and efficient, formal dining and large living area which gives you plenty of room to entertain or raise a family.

41 days
626
39

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 1
Full bathrooms: 1

Rooms

Room types: Den, Dining Room, Family Room, First Floor Bathroom, First Floor Master Bedroom, Kitchen, Living Room, Master Bedroom

Kitchen

Features: Open, Laminate Counters

Basement

Area: 1000

Heating

Gas, Forced Air

Cooling

Central

Appliances

Included: Dishwasher, Disposal, Dryer, Refrigerator, Microwave, Oven, Washer, Water Heater

Features

Flooring: Carpet, Vinyl
Basement: Partial,Unfinished
Has fireplace: No

Interior area

Total structure area: 3,122
Total interior livable area: 2,122 sqft
Finished area above ground: 2,122

Video & virtual tour

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Property

Parking

Total spaces: 1
Parking features: Detached
Garage spaces: 1

Features

Stories: 2
Patio & porch: Open Porch
Exterior features: Utilities
Has view: Yes
View description: City, Street

Lot

Size: 8,712 Square Feet
Features: Trees

Details

Additional structures: Shed(s)
Parcel number: 201431108004.000029
Lease amount: $0

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Frame, Vinyl Siding
Roof: Asphalt

Condition

New construction: No
Year built: 1935

Utilities & green energy

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

Community & HOA

HOA

Has HOA: No

Location

Region: Nappanee

Financial & listing details

Price per square foot: $122/sqft
Tax assessed value: $219,100
Annual tax amount: $2,024
Date on market: 9/4/2026
Date available: 09/04/2026
Listing agreement: Exclusive

Estimated market value

$254,800

$242,000 - $268,000

$1,523/mo

Price history

Date	Event	Price
9/30/2026	Price change	$259,900-1.9%$122/sqft
Source: My State MLS #11966714 Report a problem
9/4/2026	Listed for sale	$264,900$125/sqft
Source: My State MLS #11966714 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,015 -1.2%	$219,100 +11.5%
2024	$2,039 +5.1%	$196,500 +4.7%
2023	$1,940 +7.6%	$187,600 +5.7%
2022	$1,803 +8.2%	$177,500 +8.2%
2021	$1,667 +5%	$164,000 +8.5%
2020	$1,587 +1%	$151,100 +4.9%
2019	$1,572 +13.1%	$144,000 +2.9%
2018	$1,390 +20.3%	$140,000 +9.4%
2017	$1,155	$128,000 +9%
2016	$1,155 +3%	$117,400 +5.5%
2014	$1,121 +2.4%	$111,300 +2.4%
2013	$1,095 +9.7%	$108,700 +9.8%
2012	$998 -8.3%	$99,000 -7.8%
2011	$1,088 -4.9%	$107,400 -5%
2010	$1,144 -1%	$113,000 -0.9%
2009	$1,155	$114,000