705 Market St
Nappanee, IN 46550
4 bd 2 ba 1,846 sqft Built 1900 Lot 8,712 sqft single_family
Most recent sale
$136,000
May 6, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 6, 2022 | Sold | $136,000 | Public Record |
| May 4, 2022 | Sold | $136,000 | MLS #11059077 |
| Mar 7, 2022 | Listed | $138,000 | MLS #11059077 |
| Feb 24, 1999 | Sold | $80,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $171,900 | $13,700 | $185,600 | $3,924 |
| 2024 | $171,900 | $13,700 | $185,600 | $3,811 |
| 2023 | $147,500 | $13,700 | $161,200 | $3,538 |
| 2022 | $115,400 | $13,700 | $129,100 | $3,325 |
| 2021 | $75,000 | $13,500 | $88,500 | $2,676 |
| 2020 | $75,000 | $13,500 | $88,500 | $1,838 |
| 2019 | $71,800 | $13,500 | $85,300 | $1,841 |
| 2018 | $55,500 | $13,500 | $69,000 | $1,778 |
| 2017 | $55,500 | $13,500 | $69,000 | $1,380 |
| 2016 | $54,500 | $13,500 | $68,000 | $1,380 |
| 2015 | $46,700 | $13,500 | $60,200 | $1,360 |
| 2014 | $46,700 | $13,500 | $60,200 | $1,204 |
| 2013 | $46,700 | $13,500 | $60,200 | $2,106 |
| 2012 | $46,800 | $13,500 | $60,300 | $544 |
| 2011 | $46,800 | $13,500 | $60,300 | $492 |
| 2010 | $56,600 | $13,500 | $70,100 | $515 |
| 2009 | $57,300 | $13,500 | $70,800 | $604 |
| 2008 | $75,200 | $13,500 | $88,700 | $2,378 |
| 2007 | $66,200 | $13,500 | $79,700 | $2,051 |
| 2006 | $57,900 | $13,500 | $71,400 | $1,731 |
Property facts
Year built
1900
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
1,846 sqft
Lot size
8,712 sqft
ZIP code
46550
City
Nappanee
Street
Market St
Coordinates
41.44236, -85.99380
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
$816
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 705 Market St last sell?
705 Market St most recently sold on May 6, 2022 for $136,000.
What is the current tax assessment for 705 Market St?
The most recent total assessment for 705 Market St (year 2025) is $185,600 with $3,924 in property tax.
How does 705 Market St's assessment compare to its last sale price?
The current assessment is 36.5% above the last sale price of $136,000.
When was 705 Market St built?
705 Market St was built in 1900.
How does 705 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 705 Market St?
705 Market St is a 4 bed, 2 bath, 1,846 sqft, 8,712 sqft lot single_family.
Is 705 Market St a flip candidate?
No — 705 Market St does not appear in our flips dataset.
Is 705 Market St a tax-appeal candidate?
Yes — 705 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