Skip main navigation
Sold for $155,000
  • $155,000

    551 S Madison St, Nappanee, IN 46550

    3beds
    1,300sqft
    SingleFamily
    Built in 1900
    8,712 Square Feet Lot
    $188,200 Zestimate®
    $119/sqft
    $1,259 Estimated rent

    Home value

    $188,200

    $175,000 - $199,000

    $1,259/mo

    Zestimate® history
    Loading...

    Owner options

    List your home for rent

    $1,259/mo

    Rent Zestimate®

    Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

    Learn more

    $1,259/mo

    Rent Zestimate®

    Refinance and save

    $989/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

    See today's rates

    $989/mo

    Est. payment

    Explore your selling options

    Work with a Zillow partner agent

    Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

    Get started

    List with your own agent

    Get your home in front of millions of buyers by listing it on Zillow.

    Learn how to do it

    Sell it yourself

    Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

    List your home

    What's special

    Looking for something cute an affordable? This one is for you. This 1 1/2 story home is perfect for just getting started. On the main level you have a living room, dining room, kitchen, full bath w/ laundry and a bedroom. On the upper level there is a landing bedroom/ playroom and the guest bedroom. Out back you have 2 fenced in areas to enjoy along with a 2-car detached garage. All appliances will remain. Possession day of closing.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 1
    • Full bathrooms: 1
    Heating
    • Forced air, Gas
    Appliances
    • Included: Dishwasher, Dryer, Garbage disposal, Range / Oven, Washer
    Features
    • Flooring: Tile, Linoleum / Vinyl
    • Basement: Partially finished
    Interior area
    • Total interior livable area: 1,300 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage - Detached
    Features
    • Patio & porch: Covered Porch
    • Exterior features: Vinyl
    • Fencing: Fenced
    Lot
    • Size: 8,712 sqft
    Details
    • Parcel number: 201431353003000029
    • Lease amount: $0

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Frame
    • Roof: Asphalt
    Condition
    • Year built: 1900
    • Major remodel year: 0

    Utilities & green energy

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

    Community & neighborhood

    Location
    • Region: Nappanee

    Other

    Other facts
    • Flooring: Tile, Vinyl, Linoleum
    • Heating: Forced Air, Natural Gas
    • Appliances: Dishwasher, Disposal, Water Heater, Dryer, Washer, Oven, Refigerator
    • Roof: Asphalt
    • GarageYN: true
    • Basement: Unfinished, Full
    • HeatingYN: true
    • Furnished: Unfurnished
    • ConstructionMaterials: Frame, Vinyl Siding
    • Fencing: Fenced
    • ParkingFeatures: Detached
    • YearBuiltEffective: 0
    • CoveredSpaces: 2
    • LandLeaseAmount: 0
    • Sewer: Municipal
    • WaterSource: Municipal
    • PatioAndPorchFeatures: Covered Porch
    • TaxYear: 2023
    • TaxAnnualAmount: 2746
    • Electric: Amps(100)
    • Utilities: Naturl Gas Available
    • MlsStatus: Accepted Offer
    • RoomKitchenFeatures: Open
    • AvailabilityDate: 2023-04-17
    • ParcelNumber: 201431353003.000029
    • Available date: 04/17/2023

    Price history

    DateEventPrice
    5/16/2023Sold$155,000-1.9%$119/sqft
    Source: Agent Provided Report a problem
    5/3/2023Contingent$158,000$122/sqft
    Source: My State MLS #11168855 Report a problem
    4/28/2023Pending sale$158,000$122/sqft
    Source: My State MLS #11168855 Report a problem
    4/19/2023Contingent$158,000$122/sqft
    Source: My State MLS #11168855 Report a problem
    4/17/2023Price change$158,000-4.2%$122/sqft
    Source: My State MLS #11168855 Report a problem
    4/13/2023Price change$165,000-4.9%$127/sqft
    Source: Owner Report a problem
    4/1/2023Price change$173,500-2.8%$133/sqft
    Source: Owner Report a problem
    3/29/2023Listed for sale$178,500+123.1%$137/sqft
    Source: Owner Report a problem
    3/22/2017Sold$80,000$62/sqft
    Source: Agent Provided Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,561 +7.9%$158,500 +3.9%
    2024$1,446 -47.3%$152,600 +8%
    2023$2,746 +150.2%$141,300 +6.2%
    2022$1,097 +7.7%$133,100 +24.4%
    2021$1,018 +29%$107,000 +6%
    2020$789 +7.9%$100,900 +12.9%
    2019$731 +0.2%$89,400 +4.2%
    2018$730 +3.8%$85,800 +6.7%
    2017$703 $80,400
    2016$703 -4.8%$80,400 +1.6%
    2014$739 -4.7%$79,100
    2013$775 -51%$79,100 -9%
    2012$1,584 -5.7%$86,900 +3.5%
    2011$1,680 -5.2%$84,000 -5.2%
    2010$1,772 -0.9%$88,600 -0.9%
    2009$1,788 +6.9%$89,400 +37.5%
    2007$1,673 +17.9%$65,000 +11.1%
    2006$1,419 +0.2%$58,500
    2005$1,416 -4.6%$58,500
    2004$1,484 +14.9%$58,500
    2003$1,291 +227%$58,500 +145.8%
    2002$395 +9.5%$23,800 +200.1%
    2001$361 $7,930

    Find assessor info on the county website

    Neighborhood: 46550

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • 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.

    Get pre-qualified for a loan
    At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.

    An equal housing lender. NMLS #10287.

    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $188,200
    2% more
    +$3,764
    With Zillow Showcase(estimated)
    $191,964