256 Reed St
Nappanee, IN 46550
2 bd 1 ba 1,128 sqft Built 1957 Lot 3,703 sqft single_family
Most recent sale
$183,693
Sep 6, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 6, 2022 | Sold | $183,693 | Public Record |
| Jul 19, 2022 | Listed | $156,000 | MLS #202229774 |
| Nov 8, 2019 | Sold | $118,500 | MLS #10643473 |
| Apr 21, 2017 | Sold | $74,000 | Public Record |
| Jun 22, 2016 | Sold | $69,000 | Public Record |
| Dec 30, 2011 | Sold | $95,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $73,800 | — | $73,800 | $1,511 |
| 2024 | $133,500 | $6,300 | $139,800 | $1,428 |
| 2023 | $111,700 | $6,300 | $118,000 | $1,290 |
| 2022 | $105,400 | $6,300 | $111,700 | $1,207 |
| 2021 | $97,000 | $6,300 | $103,300 | $1,146 |
| 2020 | $97,000 | $6,300 | $103,300 | $1,060 |
| 2019 | $87,000 | $6,300 | $93,300 | $875 |
| 2018 | $78,300 | $6,300 | $84,600 | $714 |
| 2017 | $73,300 | $6,300 | $79,600 | $624 |
| 2016 | $69,800 | $6,300 | $76,100 | $557 |
| 2015 | $43,400 | $6,300 | $49,700 | $326 |
| 2014 | $41,900 | $6,300 | $48,200 | $321 |
| 2013 | $41,900 | $6,300 | $48,200 | $337 |
| 2012 | $41,300 | $10,400 | $51,700 | $329 |
| 2011 | $38,700 | $6,200 | $44,900 | $370 |
| 2010 | $67,500 | $6,300 | $73,800 | $253 |
| 2009 | $71,300 | $6,700 | $78,000 | $254 |
| 2008 | $66,300 | $6,700 | $73,000 | $370 |
| 2007 | $66,300 | $6,700 | $73,000 | $327 |
| 2006 | $39,600 | $6,700 | $46,300 | $215 |
Property facts
Year built
1957
Property type
single_family
Stories
2
Beds
2
Baths
1
Living area
1,128 sqft
Lot size
3,703 sqft
ZIP code
46550
City
Nappanee
Street
Reed St
Coordinates
41.43911, -86.00369
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,692
Gross rental yield
11.05%
Implied cap rate
7.18%
Trend-extrapolated value
—
Frequently asked questions
When did 256 Reed St last sell?
256 Reed St most recently sold on Sep 6, 2022 for $183,693.
What is the current tax assessment for 256 Reed St?
The most recent total assessment for 256 Reed St (year 2025) is $73,800 with $1,511 in property tax.
How does 256 Reed St's assessment compare to its last sale price?
The current assessment is 59.8% below the last sale price of $183,693.
When was 256 Reed St built?
256 Reed St was built in 1957.
How does 256 Reed St compare to others on Reed St?
We track 3 other properties on Reed St. Browse the list under "Other properties on Reed St" to compare beds, baths, and sale history.
What are the property facts for 256 Reed St?
256 Reed St is a 2 bed, 1 bath, 1,128 sqft, 3,703 sqft lot single_family.
Is 256 Reed St a flip candidate?
No — 256 Reed St does not appear in our flips dataset.
Is 256 Reed St a tax-appeal candidate?
No — 256 Reed 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 Reed St