1062 Market St
Nappanee, IN 46550
3 bd 2 ba 2,520 sqft Built 1955 Lot 6,600 sqft single_family
Most recent sale
$163,000
May 26, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 26, 2022 | Sold | $163,000 | MLS #11060222 |
| Mar 15, 2022 | Listed | $165,000 | MLS #11060222 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $178,500 | $17,500 | $196,000 | $2,051 |
| 2024 | $178,500 | $17,500 | $196,000 | $2,009 |
| 2023 | $154,400 | $17,500 | $171,900 | $1,873 |
| 2022 | $141,200 | $17,500 | $158,700 | $1,423 |
| 2021 | $128,000 | $17,500 | $145,500 | $1,395 |
| 2020 | $120,900 | $17,500 | $138,400 | $1,367 |
| 2019 | $114,600 | $16,000 | $130,600 | $1,341 |
| 2018 | $119,400 | $16,000 | $135,400 | $1,314 |
| 2017 | $114,800 | $16,000 | $130,800 | $1,289 |
| 2016 | $107,900 | $16,000 | $123,900 | $1,263 |
| 2015 | $108,800 | $16,000 | $124,800 | $1,239 |
| 2014 | $108,800 | $16,000 | $124,800 | $1,218 |
| 2013 | $112,600 | $16,000 | $128,600 | $1,901 |
| 2012 | $107,300 | $16,000 | $123,300 | $1,170 |
| 2011 | $102,800 | $12,000 | $114,800 | $1,147 |
| 2010 | $107,900 | $12,600 | $120,500 | $1,162 |
| 2009 | $108,900 | $12,800 | $121,700 | $1,140 |
| 2008 | $105,000 | $12,800 | $117,800 | $1,117 |
| 2007 | $114,700 | $12,800 | $127,500 | $1,883 |
| 2006 | $96,200 | $12,800 | $109,000 | $1,476 |
Property facts
Year built
1955
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
2,520 sqft
Lot size
6,600 sqft
ZIP code
46550
City
Nappanee
Street
Market St
Coordinates
41.44295, -85.98914
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$978
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 1062 Market St last sell?
1062 Market St most recently sold on May 26, 2022 for $163,000.
What is the current tax assessment for 1062 Market St?
The most recent total assessment for 1062 Market St (year 2025) is $196,000 with $2,051 in property tax.
How does 1062 Market St's assessment compare to its last sale price?
The current assessment is 20.2% above the last sale price of $163,000.
When was 1062 Market St built?
1062 Market St was built in 1955.
How does 1062 Market St compare to others on Market St?
We track 8 other properties on Market St. Browse the list under "Other properties on Market St" to compare beds, baths, and sale history.
What are the property facts for 1062 Market St?
1062 Market St is a 3 bed, 2 bath, 2,520 sqft, 6,600 sqft lot single_family.
Is 1062 Market St a flip candidate?
No — 1062 Market St does not appear in our flips dataset.
Is 1062 Market St a tax-appeal candidate?
Yes — 1062 Market 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 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 Market St