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    Property profile & analytics

    154 Oakland Ave Nappanee, IN 46550-2334

    • Residential income homes
    • 2,544 SF
    • 0.16 lot acres
    OFF-MARKET
    Value Estimation
    $300,000
    Location Intelligence
    Property ID
    US31-1042139
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Residential income homes

    Property Details for 154 Oakland Ave

    Year built
    1994
    Construction
    WOOD
    Lot size
    0.16 lot acres
    Property size
    2,544 SF
    Zone code
    ZO01
    Property type
    Residential income homes
    Property subtype
    Small apartment buildings
    APN
    20-14-31-426-025.000-029
    APU
    201431426025000029

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Nappanee
    County
    Elkhart
    State
    Indiana
    Longitude
    -85.9824
    Latitude
    41.4418
    CBSA code
    21140
    CBSA name
    ELKHART-GOSHEN, IN METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $2,677
    $8,500
    $121,500
    $130,000
    -
    $8,500
    $121,500
    $130,000

    Comparable in this City

    • Value Estimation
      $270,000
      3,348 SF

      215 Stonewall Ct

      APARTMENT HOUSE (UNDER 5 UNITS) • 3,348 SF
      215 Stonewall Ct, Nappanee, IN 46550-2773
      View Details
    • Value Estimation
      $275,000
      3,348 SF

      210 Stonewall Ct

      APARTMENT HOUSE (UNDER 5 UNITS) • 3,348 SF
      210 Stonewall Ct, Nappanee, IN 46550-2747
      View Details
    • Value Estimation
      $295,000
      3,348 SF

      201 Stonewall Ct

      APARTMENT HOUSE (UNDER 5 UNITS) • 3,348 SF
      201 Stonewall Ct, Nappanee, IN 46550-2765
      View Details
    • Value Estimation
      $325,000
      2,030 SF

      1051 Van Buren St

      APARTMENT HOUSE (UNDER 5 UNITS) • 2,030 SF
      1051 Van Buren St, Nappanee, IN 46550-1514
      View Details
    • Value Estimation
      $310,000
      3,348 SF

      209 Stonewall Ct

      APARTMENT HOUSE (UNDER 5 UNITS) • 3,348 SF
      209 Stonewall Ct, Nappanee, IN 46550-2745
      View Details
    • Value Estimation
      $270,000
      3,348 SF

      213 Stonewall Ct

      APARTMENT HOUSE (UNDER 5 UNITS) • 3,348 SF
      213 Stonewall Ct, Nappanee, IN 46550-2752
      View Details

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      Historic Nappanee Building For Sale

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      Nappanee Vacant Land Auction

      15.4 acres of vacant land with commercial/residential potential.
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      View Details
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    Nappanee, IN 46550-2334
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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