




302 E Market St, Nappanee, IN, 46550
About This Home
This stunning 1887 Victorian home, built by the Coppes family and recognized as one of the most beautiful properties in the City of Nappanee, is now on the market. For many years, this remarkable property has operated as a successful bed and breakfast, and more recently as a charming tea house cafe warmly welcomed and well supported by the Nappanee community. The cafe has become a wonderful gathering place for fellowship, dining, and social events while creating additional income potential. With the unique charm and attraction of the City of Nappanee, visitors travel from throughout the Midwest to experience all the area has to offer. The business attracts seasonal guests, family staycations, wedding parties, visitors attending Notre Dame football games, and guests attending local concerts and events. Offering over 6,200 finished sq ft, this historic residence features 7 bedrooms and 7.5 bathrooms filled with timeless character and craftsmanship. Inside, you'll find beautifully preserved original details including hardwood flooring, a grand staircase, coffered ceilings, original stained glass, and a fireplace in the living room. The home is also listed on the National Register of Historic Places, adding to its significance and historic appeal. The lower level includes a 1-bedroom, 1-bath living area complete with a mini kitchen, laundry, and private walk-out entrance, offering flexibility for guest quarters, rental income, or owner occupancy opportunities. Buyers agent, please provide a bank letter stating proof of funds or a prequalification letter prior to scheduling showings. This will be a turnkey sale complete with furnishings, supplies along with future reservations.
Getting Around
Schools
Construction
Condition
- Year built: 1887
Materials
- Roof: Asphalt
- Construction materials: Frame,Masonry Siding,Stone Siding,Wood Siding
Notable Dates
- Major remodel year: 2025
Type & Style
- Home type: SingleFamily
- Architectural style: Victorian
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Disposal,Dryer,Refrigerator,Microwave,Oven,Washer,Water Heater
Basement
- Area: 1500
Basement
- Has basement: Yes
- Basement: Full,Partially Finished,Bedrooms(1),Bathrooms(1)
Bedrooms & Bathrooms
- Bedrooms: 6
- Bathrooms: 7
- Full bathrooms: 6
- 1/2 bathrooms: 1
Features
- Flooring: Hardwood,Carpet,Vinyl
- Number of fireplaces: 1
- Fireplace: Yes
- Finished area above ground: 4,711
Heating & Cooling
- Heating features: Natural Gas,Baseboard,Hot Water
- Cooling features: Central
Interior Area
- Total structure area: 6,211
- Total interior livable area: 6,211 sqft
Kitchen
- Features: Eat-in Kitchen
Property
Details
- Parcel number: 201431162008.000029
- Lease amount: 0
Features
- Stories: 3
- Patio & porch: Covered Porch,Open Porch
- Has view: Yes
- View description: City,Street
Lot
- Lot size: 8,712 sqft
- Features: Corner,Trees
Parking
- Total spaces: 2
- Parking features: Driveway,Detached
- 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
- Strong Wind
- Hail
- Tornado
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across Indiana Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,679 | $32,148 |
| Home Insurance * | $271 | $3,252 |
| Property Taxes | $906 | $10,872 |
| Electricity | $569 | $6,832 |
| Total | $4,425 | $53,100 |
Income You'd Need if You Spent...
Indiana FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-07 | Listed for sale | $625,000 |
| 2021-11-30 | Sold | $379,000 |
| 2019-02-02 | Listing removed | $379,000 |
| 2018-07-18 | Price change | $379,000 |
| 2017-02-03 | Listed for sale | $349,000 |
| 2010-06-17 | Listing removed | $525,000 |
| 2008-12-22 | Listed for sale | $525,000 |
