Listing courtesy of Paradigm Realty Solutions · Listing agent: Joshua Vida · Office: 574-626-8432
112 S Main Street
Nappanee, IN 46550
Original price $450,000 · Price reduced on September 14, 2026
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 1,500 sq ft
- Lot
- 0.07 ac
- Year built
- 1910
- Type
- Site-Built Home
- Listed
- September 8, 2026
- MLS #
- 202637087
About this home
Welcome to 112 S Main Street, located right in the heart of downtown Nappanee’s vibrant city center. This two-story brick building blends historic Main Street charm with modern updates and turnkey condition — a rare opportunity for owners, occupants, or investors alike. The main floor offers approximately 2,700 sq ft of flexible commercial space that was leased to a professional office tenant through June 2026 at 1.00 per square foot plus utilities. Upstairs, a spacious 1,500 sq ft residential apartment has been tastefully updated and is ready for living or additional rental income. Features: Total area: ~4,200 sq ft (2,700 commercial + 1,500 residential) Updated electrical and plumbing throughout both levels Residential unit: New HVAC system, New kitchen and bath, open layout, and excellent natural light. Renovated to studs and has only had 1 tenant since renovation. Main floor: electrical and plumbing improvements completed; HVAC system is older but in good working order Roofing: new roof over the residential section (which also covers part of the commercial space); rear roof section (approx. 1,200 sq ft) is older but maintained Private apartment entrance with stairway access from Main Street Street and rear parking access Alley frontage on Cartoon Alley — a newly renovated public mural walkway that brings art, color, and visitors to the block ( City is extending Mural Alleys across street creating "Shoe Alley" and making walking paths and downtown amenities all the way to Coppes Commons ) Excellent visibility and curb appeal in the heart of downtown. This listing is the residential portion of the commercial listing MLS #202633330. Both properties are being sold together.
Monthly payment estimate
$2,880/mo
- Principal & interest
- $2,299
- Property taxes
- $458
- Homeowners insurance
- $123
- Rate: Freddie Mac's 30-year fixed average for the week of October 1, 2026.
- Taxes: the seller's 2026 bill as reported to the MLS. Yours may differ once your own deductions apply.
- Insurance: estimated at 0.35% of the price per year.
- An estimate, not a loan offer. Your rate and payment depend on your credit, loan program and down payment.
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Property details
Interior
- Total rooms
- 4
- Total area
- 1,500 sq ft
- Finished area above grade
- 1,500 sq ft
- Bedrooms above grade
- 1
- Full baths, upper level
- 1
- Basement
- Michigan Basement
- Flooring
- Hardwood, Laminate
- Heating
- Conventional
- Cooling
- Central Air, Multiple Cooling Units
Exterior & parking
- Construction
- Brick, Metal Siding
- Roof
- Flat, Dimensional Shingles
- Private pool
- No
- New construction
- No
Waterfront & lake
- Waterfront
- No
Lot
- Lot features
- 0-2.9999
- Lot size (acres)
- 0.07 ac
- Lot dimensions
- 21.5x140
- Location type
- City/Town/Suburb
- County
- Elkhart County
- Township
- Locke
- Platted
- Yes
- Planned unit development
- No
- Directions
- From US 6 (Market St) in downtown Nappanee, turn south onto SR 19/S Main St. Property is located just south of Market St on S Main St at 112 S Main St.
Schools
- Elementary school
- Nappanee
- Middle school
- NorthWood
- High school
- NorthWood
- School district
- Wa-Nee Community Schools
Taxes & terms
- Annual taxes
- $5,490
- Tax year
- 2026
- Listing terms
- Cash, Conventional
- Possession
- At closing
- Parcel number
- 20-13-36-429-016.000-021
Utilities
- Water
- City
- Sewer
- Public Sewer
- Electric provider
- NIPSCO
- Gas provider
- NIPSCO
- Cable / internet provider
- CenturyLink
Location
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