Listing courtesy of Bright Star Real Estate Services LLC · Listing agent: Jesse Riegsecker · office: 574-821-7653
ActiveApartment
952 Walnut Street
Nappanee, IN 46550
- Bedrooms
- 19
- Bathrooms
- 13
- Living area
- 12,022 sq ft
- Lot
- 0.65 ac
- Year built
- 1957
- Type
- Apartment
- Listed
- September 4, 2026
- MLS #
- 202636733
About this home
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.
Monthly payment estimate
$7,879/mo
- Principal & interest
- $6,842
- Property taxes
- $672
- Homeowners insurance
- $365
- Rate: Freddie Mac's 30-year fixed average for the week of October 1, 2026.
- Taxes: the seller's 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
- Levels
- One
- Stories
- 1
- Total area
- 12,022 sq ft
- Finished area above grade
- 12,022 sq ft
- Bedrooms above grade
- 19
- Basement
- Slab
- Flooring
- Vinyl
- Heating
- Electric
- Cooling
- Multiple Cooling Units
- Amenities
- Ceiling Fan
Exterior & parking
- Construction
- Brick
- Private pool
- No
- New construction
- No
Waterfront & lake
- Waterfront
- No
Lot
- Lot features
- Corner Lot
- Lot size (acres)
- 0.65 ac
- Lot dimensions
- ireg
- County
- Elkhart County
- Township
- Locke
- Platted
- Yes
- Planned unit development
- No
- Directions
- Market street to Guiss to Walnut to property
Schools
- Elementary school
- Nappanee
- Middle school
- NorthWood
- High school
- NorthWood
- School district
- Wa-Nee Community Schools
Taxes & terms
- Annual taxes
- $8,069
- Tax year
- 25
- Possession
- at closing
- Parcel number
- 20-13-36-179-006.000-021
Included in the sale
- Included in sale
- Building
Utilities
- Water
- City
- Sewer
- Public Sewer
Income & commercial
- Units
- 13
- Annual gross rent
- $161,200
- Net operating income
- $83,844
- Parking spaces
- 15
- Pets allowed
- No
- Insurance (annual)
- $8,500
- Water & sewer (annual)
- $9,942
- Electric (annual)
- $36,400
- Fuel (annual)
- $7,650
- Trash (annual)
- $2,795
- Maintenance (annual)
- $2,500
Location
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