NOT LISTED FOR SALE

1050 S Riverwood Dr Wabash, IN 46992

Estimated Value: $369,000 - $628,858

5 Beds
3.5 Baths
3,840 Sq Ft
$132/Sq Ft Est. Value

Last Sold July 24, 2015

Last sale price $305,000 $79 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $3,227/month

39 Days on Market

Highlights

  • Primary Bedroom Suite
  • Open Floorplan
  • Vaulted Ceiling
  • 19.55 Acre Lot
  • Wooded Lot
  • Ranch Style House

About This Home

As of July 2015

3,840 sq ft 5- bedroom 3.5 bath ranch style home on a full finished walkout basement on 19.55 acres. 2" x 6" exterior walls well insulated with spray foam and fiberglass bats. 28' x 42' - 3+ car finished & heated attached garage. Plus a 960 sq ft 1 bedroom 1 bath separate apartment over the garage. Newer roof 3 years old. Newer geothermal heating & cooling system in 2013. New well pump 4 years old. Water softener 4 years old. Central vacuum system. Two vent less gas log fireplaces one in the living room & one in the basement family room. Wet bar in the basement level family room. Large patio on the walkout basement level. 2 Decks on the main level one off the dining area and one off the master bedroom. Huge 6' x 60' covered front porch. 10' x 14' storage shed. The 19.55 acres is beautiful view across the open pasture areas and woods. See lots of wildlife right off your private decks. 1 bedroom is currently used as an in-home office. Drive is ground up asphalt and concrete. Currently no HOA but some deed restrictions apply.

Last Agent to Sell the Property

Robert Lundquist

Lundquist Appraisals & Real Estate Listed on: 05/08/2015

Co-Listed By

John Lundquist

Lundquist Appraisals & Real Estate

Last Buyer's Agent

Robert Lundquist

Lundquist Appraisals & Real Estate Listed on: 05/08/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,457

Year Built

  • Built in 1996

Lot Details

  • 19.55 Acre Lot
  • Backs to Open Ground
  • Rural Setting
  • Lot Has A Rolling Slope
  • Wooded Lot

Parking

  • 3 Car Attached Garage
  • Heated Garage
  • Aggregate Flooring
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Home Design

  • Ranch Style House
  • Poured Concrete
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • Open Floorplan
  • Vaulted Ceiling
  • Ventless Fireplace
  • Gas Log Fireplace
  • Double Pane Windows
  • Insulated Doors
  • Entrance Foyer
  • Living Room with Fireplace
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Suite
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry on main level
  • Electric Dryer Hookup

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • 2 Bathrooms in Basement
  • 3 Bedrooms in Basement

Schools

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

Utilities

  • Central Air
  • Geothermal Heating and Cooling
  • Heating System Powered By Leased Propane
  • Private Company Owned Well
  • Well
  • Septic System

Additional Features

  • Covered Patio or Porch
  • Pasture

Community Details

  • River Wood / Riverwood Subdivision

Listing and Financial Details

  • Assessor Parcel Number 85-15-55-100-017.000-007

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,457

Year Built

Built in 1996

Lot Details

0

Parking

3

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1996
  • Style: One Story
  • Architectural Style: Ranch
  • Bedrooms: 5
  • Total Bathrooms: 4
  • Total Full Bathrooms: 3
  • Total Number of Half Bathrooms: 1
  • Legal Description: PT RES 15-27-7 |
  • Parcel Number ID: 85-15-55-100-017.000-007
  • Platted: Yes
  • Amenities: Ceilings-Vaulted, Deck Open, Detector-Smoke, Dryer Hook Up Electric, Eat-In Kitchen, Foyer Entry, Garage Door Opener, Jet Tub, Open Floor Plan, Patio Open, Porch Covered, Range/Oven Hook Up Elec, Tub and Separate Shower, Tub/Shower Combination, Main Level Bedroom Suite, Garage-Heated, Main Floor Laundry
  • Cross Street: Bumbauer Rd
  • Improvmnts In Last5 Yrs: Yes
  • Location: Rural Subdivision, Rural
  • Number Below Grade Bedrooms: 3
  • Road Access: County
  • Road Surface: Asphalt
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 3840
  • Total Finished Sq Ft: 3840
  • Above Grade Finished Sq Ft: 1920
  • Below Grade Finished Sq Ft: 1920
  • Basement: Yes
  • Basement Foundation: Finished, Full Basement, Walk-Out Basement
  • Basement Material: Poured Concrete
  • Number Of Fireplaces: 1
  • Fireplace: Family Rm, Living/Great Rm, Gas Log, Ventless
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood Floors, Tile
  • Living Great Room: Dimensions: 31x20, On Level: Main
  • Kitchen: Dimensions: 25x14, On Level: Main
  • Dining Room: Dimensions: 12x10, On Level: Main
  • Family Room: Dimensions: 28x26, On Level: Basement
  • Bedroom 1: Dimensions: 19x15, On Level: Main
  • Bedroom 2: Dimensions: 14x12, On Level: Main
  • Bedroom 3: Dimensions: 14x13, On Level: Basement
  • Bedroom 4: Dimensions: 17x12, On Level: Basement
  • Bedroom 5: Dimensions: 17x12, On Level: Basement
  • Main Level Sq Ft: 1920
  • Number Below Grade Bathrooms: 2
  • Number of Below Grade Full Bathrooms: 2
  • Number of Main Level Full Bathrooms: 1
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 1920

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt, Shingle
  • Outbuilding1: Garden Shed, Dimensions: 14x10

Garage/Parking

  • Driveway: Aggregated, Concrete
  • Garage Type: Attached
  • Garage Number Of Cars: 3
  • Garage Size: Dimensions: 42x28
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Geothermal, Propane Tank Rented
  • Sewer: Septic
  • Water Utilities: Well
  • Electric Company: REMC
  • Hvac: Geothermal Hvac
  • Laundry: Dimensions: Mainx6, On Level: 11
  • Well Size: 5 Inches
  • Well Type: Private

Condo/Co-op/Association

  • Association Restrictions: Yes

Schools

  • Elementary School: Metro North/Sharp Creek

Lot Info

  • Lot Description: Rolling, Pasture, Wooded
  • Lot Dimensions: See Attached plat map
  • Estimated Lot Sq Ft: 851598
  • Estimated Lot Size Acres: 19.55

Green Features

  • Energy Efficient Windows/Doors: Double Pane Windows, Insulated Doors

Tax Info

  • Annual Taxes: 1457.08
  • Exemptions: Geothermal, Homestead, Mortgage

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2015
Closed on
Jul 24, 2015
Sold by
Owen James David and Bailey Jayne
Bought by
Brown Kenneth W and Gibbins Mary Grace
Seller's Agent
Robert Lundquist
Lundquist Appraisals & Real Estate
Buyer's Agent
Robert Lundquist
Lundquist Appraisals & Real Estate
List Price
$315,500
Sold Price
$305,000
Premium/Discount to List
-$10,500
-3.33%
Current Estimated Value
$553,005

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$248,005
Avg. Annual Appreciation
4.98%
Original Mortgage
$244,400
Outstanding Balance
$191,825
Interest Rate
4.05%
Mortgage Type
New Conventional
Estimated Equity
$314,128
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
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

Purchase History

Date Buyer Sale Price Title Company
Brown Kenneth W -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Kenneth W $244,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/24/2015 07/24/15 Sold $305,000 -3.3% $79 / Sq Ft
06/16/2015 06/16/15 Pending -- -- --
05/08/2015 05/08/15 For Sale $315,500 -- $82 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,820 $472,400 $133,300 $339,100
2023 $3,790 $464,400 $133,300 $331,100
2022 $3,008 $436,500 $133,300 $303,200
2021 $2,921 $394,400 $112,800 $281,600
2020 $2,784 $377,100 $112,800 $264,300
2019 $2,560 $360,500 $112,800 $247,700
2018 $2,188 $324,700 $112,800 $211,900
2017 $2,050 $320,900 $112,800 $208,100
2016 $1,722 $322,800 $112,800 $210,000
2014 $1,457 $320,400 $112,800 $207,600
2013 $1,392 $312,700 $112,800 $199,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201521023

Indiana Regional MLS

APN: 85-15-55-100-017.000-007