Listing courtesy of Paradigm Realty Solutions · Listing agent: Joshua Vida · Office: 574-626-8432

Virtual tour
ActiveSite-Built Home

112 S Main Street

$420,000

$280.00 / sq ft

Est. $2,880/mo

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
Your loan

  • 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.
Change taxes, insurance and more in the full calculator

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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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