NOT LISTED FOR SALE

115 W Sinclair St Wabash, IN 46992

Estimated Value: $99,000 - $250,000

5 Beds
4 Baths
4,328 Sq Ft
$39/Sq Ft Est. Value

Last Sold November 28, 2017

Last sale price $37,000 $9 Per Sq Ft

Est. 356% increase in value since last sale

Current estimated payment $1,095/month

136 Days on Market

Highlights

  • Wood Flooring
  • Enclosed patio or porch
  • Forced Air Heating System
  • Corner Lot
  • Laundry in Utility Room
  • Baseboard Heating

About This Home

As of November 2017

GREAT INVESTMENT PROPERTY!! Don't miss your opportunity to own this fourplex, 3 of the 4 units are currently occupied and bringing in income!! This home features 3 1 bedroom units and a 2 bedroom unit with lots of character and built-in's in all 4 units! The 3 1 bedroom units are spacious and have carpet and vinyl floor coverings. The downstairs unit on Sinclair also has washer and dryer hook up in the unit and a built in cabinet in the dinning room that adds charm. The 2 bedroom unit on Miami St has beautiful natural wood work and gorgeous open staircase that leads upstairs to the bedroom also with beautiful hardwood floors and a nice walk in closet. There is also a laundry room on the main level of this unit. Beautiful built in corner cabinets in the dinning room also. There is also a full floored attic in this home and a full basement. Lots of potential to continue as a fourplex for extra income or redesign and turn it into your single family dream home.

Last Listed By

Tisha Strickler

Lundquist Appraisals & Real Estate Listed on: 06/27/2017

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 6,256 Sq Ft Lot
  • Vinyl Fence
  • Corner Lot
  • Level Lot

Home Design

  • Quadruplex
  • Shingle Roof
  • Asphalt Roof
  • Rubber Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Laundry in Utility Room

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction
  • Stone or Rock in Basement

Parking

  • 4 Parking Spaces
  • Driveway
  • On-Street Parking
  • Off-Street Parking

Utilities

  • Forced Air Heating System
  • Baseboard Heating
  • Heating System Uses Gas
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Enclosed patio or porch
  • Suburban Location

Listing and Financial Details

  • Tenant pays for cable, cooling, electric, trash collection, deposit value
  • The owner pays for heating, sewer, tax, water
  • Assessor Parcel Number 85-14-11-304-009.000-009

Community Details

Overview

  • 4 Units

Pet Policy

  • Pet Restriction

Building Details

  • 4 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Fourplex
  • Year Built: 1900
  • Age: 117
  • Style: Two Story
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 5
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: OP PT LOT 181 & OP PT LOT 182
  • Parcel Number ID: 85-14-11-304-009.000-009
  • Platted: Yes
  • Amenities: Fireplace, Cable Ready, Porch Covered, Porch Enclosed, Water Heater Electric
  • Cross Street: Miami
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Road Access: City
  • Road Surface: Asphalt
  • Sp Lp Percent: 61.77
  • Monthly Gross Income: 1950
  • Special Features: None

Interior Features

  • Total Sq Ft: 6668
  • Total Finished Sq Ft: 4328
  • Above Grade Finished Sq Ft: 4328
  • Below Grade Sq Ft: 2340
  • Basement: Yes
  • Basement Foundation: Full Basement, Unfinished
  • Basement Material: Block, Stone
  • Flooring: Carpet, Wood, Vinyl
  • Total Below Grade Sq Ft: 2340
  • Number Of Ranges Ovens: 4

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt, Rubber, Shingle
  • Fence: Vinyl
  • Stories: 2

Garage/Parking

  • Driveway: Concrete
  • Number Of Parking Spaces: 4
  • Parking: Off Street, Street

Utilities

  • Heating Fuel: Electricity, Gas, Baseboard, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Duke Energy Indiana
  • Gas Company: NIPSCO
  • Water Company: Indiana American Water Co
  • Cable Company: Cinergy MetroNet, Comcast
  • Number Electric Meters: 4
  • Number Gas Meters: 1
  • Number Of W D Hookups: 2
  • Number Water Meters: 1

Condo/Co-op/Association

  • Common Amenities: Sidewalks
  • Pet Restrictions: Yes

Schools

  • School District: Wabash City Schools
  • Elementary School: OJ Neighbors
  • Middle School: Wabash
  • High School: Wabash

Lot Info

  • Lot Description: Corner, Level
  • Lot Dimensions: see attached plat map
  • Estimated Lot Sq Ft: 6256
  • Estimated Lot Size Acres: 0.14

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Heating, Sewer, Tax, Water
  • Tenant Pays: Cable, Cooling, Electric, Trash Collection, Deposit Value

Multi Family

  • Gross Monthly Rent: 1950
  • Number Of Dishwashers: 4
  • Number Of Refrigerators: 4
  • Number Of Units: 4
  • Num Of1 Bedrooms: 3
  • Num Of2 Bedrooms: 1
  • Num Of Units Rented: 3

Tax Info

  • Annual Property Tax: 1838

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 25, 2022
Sold by
Holtze Family Trust
Bought by
Eaglewood Property Solutions Llc
Total Days on Market
136
Current Estimated Value
$168,632

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Outstanding Balance
$77,904
Interest Rate
6.92%
Mortgage Type
New Conventional
Estimated Equity
$83,830

Purchase Details

Closed on
Feb 12, 2021
Sold by
Hometown Holdings Llc
Bought by
Holtze Kim and Holtze Angela Hansen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,400
Interest Rate
2.65%
Mortgage Type
Commercial

Purchase Details

Listed on
Jun 27, 2017
Closed on
Nov 28, 2017
Sold by
Chatlosh Harold V
Bought by
Hometown Holdings Llc
Seller's Agent
Tisha Strickler
Lundquist Appraisals & Real Estate
List Price
$59,900
Sold Price
$37,000
Premium/Discount to List
-$22,900
-38.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.86%

Range of Values:

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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
Eaglewood Property Solutions Llc -- --
Holtze Kim -- None Available
Hometown Holdings Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eaglewood Property Solutions Llc $80,000
Previous Owner Holtze Kim $58,400
Previous Owner Hometown Holdings Llc $88,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/28/2017 11/28/17 Sold $37,000 -38.2% $9 / Sq Ft
11/10/2017 11/10/17 Pending -- -- --
06/27/2017 06/27/17 For Sale $59,900 -- $14 / 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 $1,918 $95,900 $13,900 $82,000
2023 $1,854 $92,700 $13,900 $78,800
2022 $1,594 $79,700 $11,100 $68,600
2021 $1,220 $61,000 $11,100 $49,900
2020 $1,200 $60,000 $11,100 $48,900
2019 $1,120 $56,000 $11,100 $44,900
2018 $1,118 $55,900 $11,100 $44,800
2017 $1,828 $90,200 $11,100 $79,100
2016 $1,862 $91,900 $11,100 $80,800
2014 $1,778 $93,200 $11,100 $82,100
2013 $2,228 $111,400 $11,100 $100,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201729463

Indiana Regional MLS

APN: 85-14-11-304-009.000-009