$5,100,000
$450K PRICE DROP

0 Manchester Ave Wabash, IN 46992

Estimated payment $27,134/month

Total Views 19,843
89.16 Acres
$57,201 Price per Acre
3,883,810 Sq Ft Lot

About This Lot

A total of 79.16 acres all zoned general business located withing the Wabash City limits. A new truck stop-convenience store on land recently split from this master tract will increase the traffic dramatically. Located at the intersection of US 24 and State Roads 13 and 15, this location has great exposure from two highways and is located in the fastest growing commercial area in the City of Wabash. Recent commercial growth in the area includes the new Wabash County jail, the new Ford Meter Box expansion in the business park, and new Bionutrients plant across SR 13. Historic traffic count per the Indiana Department of Transportation shows daily traffic around 10,000. That count is expected to increase considerably in the next 24 months with the completion of the above noted projects. Seller will divide the land as needed for a Buyer. The cost of the land is $80,000 per acre for the 18 acres fronting US 24. The remaining land is priced at $60,000 per acre.

Listing Agent

Greg Metz

Metz Phillipy Real Estate Brokerage Phone: 260-568-4706 Listed on: 04/07/2024

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,408

Lot Details

  • 89.16 Acre Lot
  • Property fronts a state road
  • Finished Lot(s)
  • Subdivision Possible
  • Property is zoned B1, City of Wabash General Business

Schools

  • Metro North/Sharp Creek Elementary School
  • Northfield Middle School
  • Northfield High School

Utilities

  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 85-10-36-300-024.000-008

Property Details

Property Type

Land

Est. Annual Taxes

$2,408

Lot Details

0

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Commercial Land
  • Legal Description: Pt. SW 1/4 36-28-6 - 81.04 acre tract and 8.12 acre tract
  • Parcel Number ID: 85-10-36-300-024.000-008
  • Platted: Yes
  • Inside City Limits: Yes
  • Parcel Id2: 85-10-36-300-025.000-008
  • Road Access: City
  • Road Surface: Paved
  • Zoning Description: City of Wabash General Business
  • Parcel Description: Irregular
  • Can Be Subdivided: Yes
  • Seller Owns Planted Crops: Yes
  • Type Use: Commercial
  • Special Features: None

Exterior Features

  • Road Frontage: State

Utilities

  • Water Utilities: City
  • Electricity Type: Available
  • Fuel Type: Gas
  • Sewer Type: City

Schools

  • Elementary School: Metro North/Sharp Creek

Lot Info

  • Lot Dimensions: 89.16
  • Estimated Lot Sq Ft: 3883810
  • Estimated Lot Size Acres: 89.16

Tax Info

  • Annual Taxes: 2408

MLS Schools

  • High School: Northfield
  • Middle School: Northfield
  • School District: MSD of Wabash County Schools

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/07/2025 11/07/25 Price Changed $5,100,000 -8.1% --
06/03/2025 06/03/25 For Sale $5,550,000 0.0% --
06/01/2025 06/01/25 Off Market $5,550,000 -- --
11/04/2024 11/04/24 For Sale $5,550,000 0.0% --
11/01/2024 11/01/24 Off Market $5,550,000 -- --
08/01/2024 08/01/24 For Sale $5,550,000 0.0% --
08/01/2024 08/01/24 Off Market $5,550,000 -- --
07/01/2024 07/01/24 For Sale $5,550,000 0.0% --
06/29/2024 06/29/24 Off Market $5,550,000 -- --
04/07/2024 04/07/24 For Sale $5,550,000 +15987.0% --
07/16/2018 07/16/18 Sold $34,500 -30.9% -- View Prior Sale
06/14/2018 06/14/18 Pending -- -- --
02/02/2018 02/02/18 For Sale $49,900 -62.8% --
04/28/2016 04/28/16 Sold $133,980 0.0% -- View Prior Sale
04/28/2016 04/28/16 Pending -- -- --
04/28/2016 04/28/16 For Sale $133,980 +282.8% --
10/22/2013 10/22/13 Sold $35,000 0.0% -- View Prior Sale
09/22/2013 09/22/13 Pending -- -- --
04/28/2011 04/28/11 For Sale $35,000 -- --
Source: Indiana Regional MLS

Source: Indiana Regional MLS

MLS Number: 202411697

Indiana Regional MLS