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525 Millers Ct, Nappanee, IN, 46550

2beds
2baths
0sqft
$374,500
--price/sqft
$2,722/moest. monthly cost
$108,880/yrincome needed

About This Home

New Construction - Move-In Ready! This beautifully built ranch-style home offers modern living with a spacious open-concept design. The kitchen comes fully equipped with stainless steel appliances and flows seamlessly into the dining and living areas. Just off the kitchen is a convenient main-level laundry room, along with an additional sitting area or den. The main level includes a guest bedroom and a private primary suite. The lower level features two egress windows-one for a third bedroom and another for a large family room-and is already plumbed for a third bathroom, offering great potential for future expansion. Outside, enjoy the covered back patio, perfect for spending time with family and friends. A two-car attached garage completes this fantastic home. HOA fee $100 per year. Call today to schedule your private showing!

Getting Around

51
WalkingSomewhat Walkable
0
TransitVery Limited Transit
80
BikeVery Bikeable

Schools

7/10
8/10
North Wood Middle SchoolGrades 6-87.0 mi
8/10
North Wood High SchoolGrades 9-121.5 mi

Construction

Condition

  • Year built: 2025

Materials

  • Roof: Asphalt
  • Construction materials: Frame,Vinyl Siding

Notable Dates

  • Major remodel year: 2025

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Refrigerator,Microwave,Oven,Water Heater,Stainless Steel Appliances

Basement

  • Area: 0

Basement

  • Has basement: Yes
  • Basement: Full,Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Flooring: Carpet
  • Finished area above ground: 1,400

Heating & Cooling

  • Heating features: Natural Gas,Forced Air
  • Cooling features: Central

Interior Area

  • Total structure area: 1,400

Kitchen

  • Features: Open,Laminate Counters

Property

Details

  • Parcel number: 201336458012.000012
  • Lease amount: 0

Features

  • Stories: 1
  • Patio & porch: Patio,Open Porch
  • Has view: Yes
  • View description: Street

Lot

  • Lot size: 0.56 Acres
  • Features: Cul de Sac,Trees

Parking

  • Total spaces: 2
  • Parking features: Driveway,Attached
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Hail
    HailRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Drought
    DroughtModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Hail
Strong Wind
Tornado
Drought
Inland Flooding
Lightning
Winter Weather

FEMA Declared Disasters Across Indiana Counties

Flood
Snowstorm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,893$22,716
Home Insurance *$191$2,292
Property Taxes $454$5,448
Electricity $184$2,212
Total$2,722$32,664
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$93,325/yr
40% on housing$81,660/yr
45% on housing$72,586/yr

Indiana FAIR Plan Programs

Indiana Basic Property Insurance Underwriting Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 810Commercial: 30
Total Premiums$1.77M
Total Exposure$1.82M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.5%
8.5%
0%30.0%
Electricity Growth Rate10-year average: 6.1%
6.1%
0%15.0%
Property Taxes Growth Rate2-year average: 4.6%
4.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 46550$109
Elkhart County$145

vs Homes Sold Last Month

Median $/sqft

ZIP 46550$150
Elkhart County$136

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2025-12-16Listed for sale$399,500

For Sale by Agent

AgentP. Scot Honeycutt
BrokeragePhil Hahn and Associates

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