For sale

$199,500

554 N Summit St, Nappanee, IN 46550

4beds

1,476sqft

$1,312/mo

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Single Family Residence

Built in 1954

7,840 Square Feet Lot

$197,400 Zestimate^®

$135/sqft

$-- HOA

What's special

Ranch-style homePartially finished basementTwo additional rooms

Looking for a home you can make your own? Look no further! This conveniently located ranch-style home is just two blocks from the elementary school and three blocks from Stauffer Park. Downtown shopping and dining are also nearby and within walking distance. The home features 4 bedrooms and 2 bathrooms, along with a partially finished basement offering two additional rooms that could provide flexible space for bedrooms, an office, hobbies, or storage. The roof is approximately one year old, and the HVAC system is approximately 10 years old. The property is being sold as-is and will need to be purchased with cash or conventional financing. With its excellent location and potential, this home is a great opportunity for someone looking to add their own updates and personal touches. Schedule your showing today!

7 days

1,066

34

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2
Full bathrooms: 2

Rooms

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

Kitchen

Features: Galley, Laminate Counters

Basement

Area: 0

Heating

Natural Gas, Forced Air

Cooling

Central

Appliances

Included: Dishwasher, Refrigerator, Microwave, Oven, Water Heater

Features

Flooring: Hardwood, Carpet, Linoleum
Basement: Full,Partially Finished
Number of fireplaces: 1
Fireplace features: Wood Burning Stove

Interior area

Total structure area: 1,476
Total interior livable area: 1,476 sqft
Finished area above ground: 1,476

Video & virtual tour

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Property

Parking

Parking features: Driveway
Has uncovered spaces: Yes

Features

Stories: 1
Patio & porch: Open Porch
Fencing: Fenced

Lot

Size: 7,840 Square Feet
Features: Corner, Trees

Details

Parcel number: 201431129010.000029
Lease amount: $0

Construction

Type & style

Home type: SingleFamily
Architectural style: Ranch
Property subtype: Single Family Residence

Materials

Frame, Vinyl Siding
Roof: Asphalt

Condition

New construction: No
Year built: 1954

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: $135/sqft
Tax assessed value: $195,600
Annual tax amount: $1,631
Date on market: 8/17/2026
Date available: 08/17/2026

Estimated market value

$197,400

$188,000 - $207,000

$1,687/mo

Price history

Date	Event	Price
8/17/2026	Listed for sale	$199,500+21.6%$135/sqft
Source: My State MLS #11938494 Report a problem
9/6/2019	Sold	$164,000+2.6%$111/sqft
Source: Agent Provided Report a problem
7/28/2019	Listed for sale	$159,900$108/sqft
Source: Coldwell Banker The Real Estate Group #201932220 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,644 +19.4%	$195,600 +7.4%
2024	$1,377 -4.1%	$182,200 +7.2%
2023	$1,436 +11.2%	$169,900 +5.8%
2022	$1,291 +34.4%	$160,600 +8.2%
2021	$961 +27.8%	$148,400 +8.8%
2020	$752 -36%	$136,400 +12.4%
2019	$1,175 +12.6%	$121,300 +6.7%
2018	$1,044 +8.6%	$113,700 +8.9%
2017	$961	$104,400 +5.1%
2016	$961 +4.6%	$99,300 +8.1%
2014	$919 +2.5%	$91,900 +2.5%
2013	$897 -2.2%	$89,700 -2.2%
2012	$917 -17.8%	$91,700 -17.8%
2011	$1,116 -4.9%	$111,600 -4.9%
2010	$1,174 -0.8%	$117,400 -0.8%
2009	$1,184 -34.9%	$118,400 -7.2%
2007	$1,818 +67.1%	$127,600 +37.9%
2006	$1,087 -5.8%	$92,500
2005	$1,154 -4.9%	$92,500
2004	$1,213 +15.7%	$92,500
2003	$1,049 +15.7%	$92,500 +115.1%
2002	$906 +9.5%	$43,000 +200.1%
2001	$828	$14,330