952 East Walnut Street

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Active
$1,250,000
19 beds12,022 sqft

952 E Walnut St, Nappanee, IN 46550

Est: $7,346/moGet pre-approved
Multi FamilyProperty Type
0.65 acresLot Size
1957Year Built
$104/sq ftPrice per sq ft
15 carsParking Spaces

Description

13 Unit apartment complex located in Nappanee with many recent updates. This property has a solid rental history. New roof in 2020. These are large units and a good mix of 2 and 1 bedroom.13 Unit apartment complex located in Nappanee with many recent updates. This property has a solid rental history. New roof in 2020. These are large units and a good mix of 2 and 1 bedroom.
31 days on Market
  • Listed by: Jesse Riegsecker • Bright Star Real Estate Services LLC office: 574-821-7653
Last updated: 09/04/2026 10:32 PM • Source: Indiana Regional MLS, MLS#: 202636733
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Location

Listing Courtesy of Bright Star Real Estate Services LLC
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$7,346 per month

30 year fixed, 7.03% Interest

Principal and Interest

$6,673

Property Taxes

$672

HOA Dues

$0

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Property Information for 952 East Walnut Street

Property Details

  • Taxes: $8,069 / year
  • MLS Type: Multi Family / Apartment Building
  • County: Elkhart County
  • Style: One Story
  • Subdivision: None
  • Waterfront: No
  • Pet Restrictions: No

Building Information

  • Building/Complex: 952 E Walnut St
  • Stories: 1
  • Residences: 13
  • Year Built: 1957

Summary

Location and General Information
  • Area: Elkhart County
  • City: Nappanee
  • Zip Code: 46550
  • State: IN
  • Township: Locke
  • Geo Latitude: 41
  • Geo Longitude: -86
  • Fips Code: 18039
  • Directions To Property: Market street to Guiss to Walnut to property
Taxes and HOA
  • Assoc Dues Frequency: Not Applicable
  • Year Taxes Payable: 25
  • Parcel Number Id: 20-13-36-179-006.000-021
School Information
  • School District: Wa-Nee Community Schools
  • Elementary: Nappanee
  • Middle School: NorthWood
  • High School: NorthWood
Parking
  • Number Of Parking Spaces: 15

Property

Lot Information
  • Class: INVESTMENT
  • Property Subtype: Apartment Building
  • Approx Lot Size Acres: 0.65
  • Lot Dimensions: ireg
  • Below Grade Unfin Sqft: 0.0
  • Total Square Feet: 12022.0
  • Approx Lot Size Sqft: 28314.0
  • Above Grade Finished Sqft: 12022.0
  • Below Grade Finished Sqft: 0.0
  • Total Below Grade Sqft: 0.0
  • Total Finished Sqft: 12022.0
  • Above Grade Unfin Sqft: 0.0
  • Lot Description: Corner
  • Floor Plans Count: 0.0
Property and Assessments
  • New Construction: No
  • Year Built: 1957
  • Age: 69
  • Planned Unit Development: No
Utilities
  • Sewer: City
  • Water Utility: City

Interior and Exterior Features

Exterior Features
  • Amenities: Ceiling Fan
  • Exterior: Brick
  • Outbuilding: None
  • Platted: Yes
  • Pool: No
Interior Features
  • Number of Dishwashers: 0
  • Number of Disposals: 13
  • Number of Dryers: 3
  • Number of Microwaves: 0
  • Number of Ranges/Ovens: 13
  • Number of Refrigerators: 13
  • Number of W/D Hookups: 1
  • Number of Washers: 3
  • Basement: No
  • Basement/Foundation: Slab
  • Cooling: Multiple Cooling Units
  • Flooring: Vinyl
  • Heating/Fuel: Electricity
  • Stories: 1
  • Number of Above Grade Bedrooms: 19
  • Number of Below Grade Baths: 0
  • Number of Below Grade Bedrooms: 0
  • Total Number of Bedrooms: 19
  • Total Number of Full Baths: 13
  • Total Number of Half Baths: 0
  • Total Baths: 13
  • Number Total Rooms Below Grade: 0
  • Num Of 1 Bedrooms: 7
  • Num Of 2 Bedrooms: 6
  • Num Of 3 Bedrooms: 0
  • Num Of 4 Bedrooms: 0

Multi Family

Multi-Family Information
  • Num of Efficiencies: 0
  • Num of Units Rented: 10
  • Number of Units: 13
Income & Expenses Information
  • Annual Electric Expense: $36,400.00
  • Annual Fuel Expense: $7,650.00
  • Annual Gross Rent $: $161,200
  • Annual Insurance Expense: $8,500
  • Annual Maint. Expense: $2,500
  • Annual Misc: $1,500
  • Annual Net Income: $83,844
  • Annual Property Tax: $8,069
  • Annual Trash Expense: $2,795
  • Annual Water/Sewer Exp: $9,942
  • Gross Monthly Income: $13,433
  • Gross Monthly Rent: $13,433

Rental

Rental Information
  • Lease Term: 1 Year, Month to Month
  • Owner Pays: Electric, Heating, Sewer, Snow Removal
  • Tenant Pays: None

Property History for 952 East Walnut Street

DateEvent & SourcePriceAppreciation
Sep 4, 2026

Listed (Active)

Indiana Regional MLS #202636733

$1,250,000—
Apr 20, 2023

Sold

Indiana Regional MLS #202224115

$750,000—
Dec 21, 2022

Pending

Indiana Regional MLS #202224115

—
DateEvent & SourcePrice
09/04/2026

Listed (Active)

Indiana Regional MLS #202636733

$1,250,000
04/20/2023

Sold

Indiana Regional MLS #202224115

$750,000
12/21/2022

Pending

Indiana Regional MLS #202224115

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 952 East Walnut Street

This home is within Wa-Nee Community Schools.
Rating
School
Type
Grades
Distance
Wakarusa Elementary School
Public - K to 5
North Wood Middle School
Public - 6 to 8
North Wood High School
Public - 9 to 12
Woodview Elementary School
Public - K to 5
Rating
School
Distance
Wakarusa Elementary School
PublicK to 5

North Wood Middle School
Public6 to 8

North Wood High School
Public9 to 12

Woodview Elementary School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 952 East Walnut Street, Nappanee, IN 46550

952 East Walnut Street is a multi-family home for sale in Nappanee, IN 46550. This property was listed for sale on September 4, 2026 by Bright Star Real Estate Services LLC, it's currently listed at $1,250,000. It has been on the market for a total of 31 days and was last sold on April 20, 2023. This listing's school district is Wa-Nee Community Schools. Nearby schools include Wakarusa Elementary School, North Wood Middle School and North Wood High School. 952 East Walnut Street is a 19-bed, 13-bath, 12,022 sqft multi-family home built in 1957.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Bright Star Real Estate Services LLC

Based on information from one of the following Multiple Listing Services: MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.