704 Elm St
Nappanee, IN 46550
3 bd 1 ba 1,204 sqft Built 1950 Lot 11,474 sqft single_family
Most recent sale
$118,000
Jul 28, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Dec 5, 2022 | Sold | $185,000 | Public Record |
| Jul 28, 2022 | Sold | $118,000 | MLS #11094715 |
| Jul 21, 2022 | Listed | $120,000 | MLS #11094715 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $155,400 | $30,100 | $185,500 | $1,577 |
| 2024 | $135,800 | $30,100 | $165,900 | $1,623 |
| 2023 | $92,400 | $30,100 | $122,500 | $1,599 |
| 2022 | $84,400 | $30,100 | $114,500 | $615 |
| 2021 | $80,500 | $30,100 | $110,600 | $603 |
| 2020 | $80,500 | $30,100 | $110,600 | $589 |
| 2019 | $76,100 | $30,100 | $106,200 | $578 |
| 2018 | $72,800 | $27,500 | $100,300 | $567 |
| 2017 | $65,800 | $27,500 | $93,300 | $549 |
| 2016 | $63,100 | $27,500 | $90,600 | $539 |
| 2015 | $61,700 | $27,500 | $89,200 | $528 |
| 2014 | $57,000 | $27,500 | $84,500 | $845 |
| 2013 | $54,900 | $27,500 | $82,400 | $414 |
| 2012 | $56,600 | $27,500 | $84,100 | $450 |
| 2011 | $71,500 | $20,600 | $92,100 | $569 |
| 2010 | $75,000 | $21,700 | $96,700 | $606 |
| 2009 | $75,600 | $21,900 | $97,500 | $797 |
| 2008 | $78,000 | $23,200 | $101,200 | $672 |
| 2007 | $78,000 | $23,200 | $101,200 | $932 |
| 2006 | $51,600 | $23,200 | $74,800 | $545 |
Property facts
Year built
1950
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,204 sqft
Lot size
11,474 sqft
ZIP code
46550
City
Nappanee
Street
Elm St
Coordinates
41.44845, -86.00032
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$708
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 704 Elm St last sell?
704 Elm St most recently sold on Jul 28, 2022 for $118,000.
What is the current tax assessment for 704 Elm St?
The most recent total assessment for 704 Elm St (year 2025) is $185,500 with $1,577 in property tax.
How does 704 Elm St's assessment compare to its last sale price?
The current assessment is 57.2% above the last sale price of $118,000.
When was 704 Elm St built?
704 Elm St was built in 1950.
How does 704 Elm St compare to others on Elm St?
We track 8 other properties on Elm St. Browse the list under "Other properties on Elm St" to compare beds, baths, and sale history.
What are the property facts for 704 Elm St?
704 Elm St is a 3 bed, 1 bath, 1,204 sqft, 11,474 sqft lot single_family.
Is 704 Elm St a flip candidate?
Yes — 704 Elm St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 704 Elm St a tax-appeal candidate?
No — 704 Elm St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-3.4%
Implied 1-yr
-13.5%
2026 Q2
$220.3K
2026 Q3
$210.8K
ZIP 46550 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Elm St