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507 Centennial St

Nappanee, IN 46550

4 bd 1 ba 1,559 sqft Built 1910 Lot 8,712 sqft single_family
Most recent sale
$151,500
Nov 10, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 10, 2021 Sold $151,500 MLS #11031295
Oct 19, 2021 Listed $153,500 MLS #11031295
Apr 28, 2021 Sold $126,000 MLS #10980485
May 17, 2017 Sold $145,201 Public Record
Apr 15, 2004 Sold $105,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $168,500 $14,500 $183,000 $1,688
2024 $162,100 $14,500 $176,600 $1,809
2023 $147,300 $14,500 $161,800 $1,857
2022 $112,600 $14,500 $127,100 $1,758
2021 $101,300 $14,500 $115,800 $1,409
2020 $101,300 $14,500 $115,800 $1,282
2019 $98,000 $14,500 $112,500 $1,255
2018 $80,700 $14,500 $95,200 $973
2017 $71,900 $14,500 $86,400 $773
2016 $68,000 $14,500 $82,500 $698
2015 $63,000 $14,500 $77,500 $595
2014 $61,500 $14,500 $76,000 $577
2013 $61,500 $14,500 $76,000 $606
2012 $65,400 $14,500 $79,900 $690
2011 $72,500 $14,200 $86,700 $764
2010 $77,800 $14,500 $92,300 $871
2009 $82,000 $15,200 $97,200 $847
2008 $58,900 $15,200 $74,100 $526
2007 $58,900 $15,200 $74,100 $799
2006 $54,800 $15,200 $70,000 $642

Property facts

Year built
1910
Property type
single_family
Stories
2
Beds
4
Baths
1
Living area
1,559 sqft
Lot size
8,712 sqft
ZIP code
46550
City
Nappanee
Street
Centennial St
Coordinates
41.44440, -86.00658

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$909
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 507 Centennial St last sell?
507 Centennial St most recently sold on Nov 10, 2021 for $151,500.
What is the current tax assessment for 507 Centennial St?
The most recent total assessment for 507 Centennial St (year 2025) is $183,000 with $1,688 in property tax.
How does 507 Centennial St's assessment compare to its last sale price?
The current assessment is 20.8% above the last sale price of $151,500.
When was 507 Centennial St built?
507 Centennial St was built in 1910.
How does 507 Centennial St compare to others on Centennial St?
We track 8 other properties on Centennial St. Browse the list under "Other properties on Centennial St" to compare beds, baths, and sale history.
What are the property facts for 507 Centennial St?
507 Centennial St is a 4 bed, 1 bath, 1,559 sqft, 8,712 sqft lot single_family.
Is 507 Centennial St a flip candidate?
Yes — 507 Centennial St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 507 Centennial St a tax-appeal candidate?
Yes — 507 Centennial St appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-3.4%
Implied 1-yr
-13.5%
2026 Q2
$220.3K
2026 Q3
$210.8K
ZIP 46550 — Median Price History + Forecast

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