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406 Walnut St

Nappanee, IN 46550

2 bd 1 ba 1,156 sqft Built 1920 Lot 5,808 sqft single_family
Most recent sale
$152,777
Jul 25, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 25, 2022 Sold $152,777 Public Record
Jul 21, 2022 Listed $120,000 MLS #11087712

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $125,300 $15,400 $140,700 $1,294
2024 $110,000 $15,400 $125,400 $1,279
2023 $95,200 $15,400 $110,600 $1,184
2022 $87,000 $15,400 $102,400 $1,141
2021 $78,900 $15,400 $94,300 $2,127
2020 $78,900 $15,400 $94,300 $1,964
2019 $74,600 $15,400 $90,000 $1,877
2018 $70,300 $14,100 $84,400 $1,765
2017 $63,200 $14,100 $77,300 $1,551
2016 $59,500 $14,100 $73,600 $1,477
2015 $56,700 $14,100 $70,800 $1,416
2014 $54,600 $14,100 $68,700 $1,375
2013 $53,000 $14,100 $67,100 $2,348
2012 $54,700 $14,100 $68,800 $1,377
2011 $55,100 $11,200 $66,300 $1,327
2010 $58,000 $11,800 $69,800 $1,407
2009 $58,400 $11,900 $70,300 $1,843
2008 $49,200 $9,000 $58,200 $1,560
2007 $49,200 $9,000 $58,200 $1,346
2006 $37,900 $9,000 $46,900 $1,137

Property facts

Year built
1920
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
1,156 sqft
Lot size
5,808 sqft
ZIP code
46550
City
Nappanee
Street
Walnut St
Coordinates
41.44388, -85.99701

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
$1,734
Gross rental yield
13.62%
Implied cap rate
8.85%
Trend-extrapolated value

Frequently asked questions

When did 406 Walnut St last sell?
406 Walnut St most recently sold on Jul 25, 2022 for $152,777.
What is the current tax assessment for 406 Walnut St?
The most recent total assessment for 406 Walnut St (year 2025) is $140,700 with $1,294 in property tax.
How does 406 Walnut St's assessment compare to its last sale price?
The current assessment is 7.9% below the last sale price of $152,777.
When was 406 Walnut St built?
406 Walnut St was built in 1920.
How does 406 Walnut St compare to others on Walnut St?
We track 8 other properties on Walnut St. Browse the list under "Other properties on Walnut St" to compare beds, baths, and sale history.
What are the property facts for 406 Walnut St?
406 Walnut St is a 2 bed, 1 bath, 1,156 sqft, 5,808 sqft lot single_family.
Is 406 Walnut St a flip candidate?
No — 406 Walnut St does not appear in our flips dataset.
Is 406 Walnut St a tax-appeal candidate?
No — 406 Walnut St is not currently flagged as a tax-appeal candidate.

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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