NOT LISTED FOR SALE

1195 Manchester Ave Wabash, IN 46992

Estimated Value: $133,000 - $153,407

3 Beds
2 Baths
1,700 Sq Ft
$84/Sq Ft Est. Value

Last Sold August 03, 2022

Last sale price $45,000 $26 Per Sq Ft

Est. 217% increase in value since last sale

Current estimated payment $869/month

6 Days on Market

Highlights

  • Corner Lot
  • Enclosed patio or porch
  • Bathtub with Shower
  • Workshop
  • 1 Car Attached Garage
  • Forced Air Heating and Cooling System

About This Home

As of August 2022

Zoned for General Business use. 3 bedroom 2 bath home with around 1700 sq ft of living area. 16' x 24' attached garage. Really nice 48' x 40' pole building with around 22' x 40' finished into office or workshop area with a restroom. The unfinished side is around 28' x 40' with 10' high over head doors, concrete floor, 200 amp panel box. The home is apparently on city water, natural gas and septic system so buyers should do their own diligence to confirm. There is also an encroachment so CASH buyers only. We recommend you consult your attorney about purchasing the property with the encroachment! Being sold "As Is". Electric is on but no other utilities are on and will not be turned on for any inspections by the sellers.

Last Listed By

Robert Lundquist

Lundquist Appraisals & Real Estate Listed on: 07/21/2022

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1930

Lot Details

  • 0.35 Acre Lot
  • Property fronts a state road
  • Vinyl Fence
  • Corner Lot
  • Level Lot
  • Property is zoned B1, GB- General Business

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Home Design

  • Shingle Roof
  • Block Exterior
  • Stucco Exterior

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Workshop
  • Laundry on main level

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathtub with Shower
  • Separate Shower

Partially Finished Basement

  • Walk-Up Access
  • Sump Pump
  • Block Basement Construction
  • 2 Bedrooms in Basement
  • Crawl Space

Schools

  • Oj Neighbors Elementary School
  • Wabash Middle School
  • Wabash High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Private Company Owned Well
  • Well
  • Septic System

Additional Features

  • Enclosed patio or porch
  • Suburban Location

Listing and Financial Details

  • Assessor Parcel Number 85-14-01-100-015.000-008

Home Details

Home Type

Single Family

Year Built

Built in 1930

Lot Details

0

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1930
  • Age: 92
  • Style: Two Story
  • Total Number of Rooms: 8
  • Total Number of Rooms Below Grade: 2
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: PT NW1/4 1-27-6 .35 Ac
  • Parcel Number ID: 85-14-01-100-015.000-008
  • Platted: Yes
  • Amenities: Ceiling Fan(s), Garage Door Opener, Porch Enclosed, Stand Up Shower, Tub/Shower Combination, Workshop, Main Floor Laundry, Sump Pump
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Road Access: State
  • Road Surface: Asphalt
  • Sp Lp Percent: 81.82
  • Zoning Description: GB- General Business
  • Year Taxes Payable: 2021 pay 2022
  • Special Features: 20
  • Stories: 2

Interior Features

  • Total Sq Ft: 2420
  • Total Finished Sq Ft: 1700
  • Above Grade Finished Sq Ft: 1700
  • Below Grade Sq Ft: 720
  • Price Per Sq Ft: 26.47
  • Basement: Yes
  • Basement Foundation: Crawl, Partial Basement, Unfinished, Walk-up
  • Basement Material: Block
  • Flooring: Carpet, Vinyl
  • Living Great Room: Dimensions: 12x11, On Level: Main
  • Kitchen: Dimensions: 14x12, On Level: Main
  • Dining Room: Dimensions: 14x13, On Level: Main
  • Family Room: Dimensions: 18x12, On Level: Main
  • Bedroom 1: Dimensions: 14x13, On Level: Upper
  • Bedroom 2: Dimensions: 14x12, On Level: Upper
  • Bedroom 3: Dimensions: 13x11, On Level: Upper
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 720

Exterior Features

  • Exterior: Block, Stucco
  • Roof Material: Shingle
  • Outbuilding1: Pole/Post Building, Dimensions: 40x48
  • Fence: Vinyl

Garage/Parking

  • Driveway: Asphalt
  • Garage Type: Attached
  • Garage Number Of Cars: 1
  • Garage Size: Dimensions: 24x16
  • Garage Sq Ft: 384
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Septic
  • Water Utilities: Well
  • Electric Company: Duke Energy Indiana
  • Gas Company: NIPSCO
  • Laundry: Dimensions: Mainx11, On Level: 12
  • Well Type: Private

Schools

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

Lot Info

  • Lot Description: Corner, Level
  • Lot Dimensions: See attached survey
  • Estimated Lot Sq Ft: 15246
  • Estimated Lot Size Acres: 0.35

Tax Info

  • Annual Taxes: 1741.98

MLS Schools

  • High School: Wabash
  • Middle School: Wabash
  • School District: Wabash City Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2022
Closed on
Aug 3, 2022
Sold by
First Farmers Bank & Trust
Bought by
Cornett Dustin L
Seller's Agent
Robert Lundquist
Lundquist Appraisals & Real Estate
Buyer's Agent
John Lundquist
Lundquist Appraisals & Real Estate
List Price
$55,000
Sold Price
$45,000
Premium/Discount to List
-$10,000
-18.18%
Total Days on Market
6
Current Estimated Value
$142,852

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,852
Avg. Annual Appreciation
51.97%

Purchase Details

Listed on
Jul 21, 2022
Closed on
Jun 14, 2022
Sold by
Ryan Baker
Bought by
First Farmers Bank & Trust
Seller's Agent
Robert Lundquist
Lundquist Appraisals & Real Estate
Buyer's Agent
John Lundquist
Lundquist Appraisals & Real Estate
List Price
$55,000
Sold Price
$45,000
Premium/Discount to List
-$10,000
-18.18%

Range of Values:

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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
Cornett Dustin L $45,000 None Listed On Document
First Farmers Bank & Trust $59,081 Odonnell Laura A
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bowman David V $44,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/03/2022 08/03/22 Sold $45,000 -18.2% $26 / Sq Ft
07/27/2022 07/27/22 Pending -- -- --
07/21/2022 07/21/22 For Sale $55,000 -- $32 / 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 $921 $99,900 $6,000 $93,900
2023 $986 $99,800 $6,000 $93,800
2022 $912 $90,600 $4,800 $85,800
2021 $1,742 $82,600 $3,900 $78,700
2020 $1,700 $80,500 $3,900 $76,600
2019 $270 $77,400 $3,900 $73,500
2018 $270 $75,800 $3,900 $71,900
2017 $288 $72,800 $3,900 $68,900
2016 $280 $70,700 $3,400 $67,300
2014 $212 $64,200 $3,400 $60,800
2013 $243 $64,000 $3,400 $60,600
Source: Public Records

Agents Affiliated with this Home

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Source: Indiana Regional MLS

MLS Number: 202230247

Indiana Regional MLS

APN: 85-14-01-100-015.000-008