NOT LISTED FOR SALE

127 Elm St Wabash, IN 46992

Estimated Value: $189,000 - $222,000

8 Beds
4 Baths
2,490 Sq Ft
$80/Sq Ft Est. Value

Last Sold July 12, 2024

Last sale price $220,000 $88 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $1,237/month

42 Days on Market

Highlights

  • Covered patio or porch
  • Forced Air Heating and Cooling System
  • Level Lot
  • Laundry in Utility Room

About This Home

As of July 2024

Cute updated 1 bed 1 bath apartment close to downtown Wabash. Utilities included in rent. Off street parking available. Laundry facilities available.

Last Agent to Sell the Property

Jordan Wildman

eXp Realty, LLC Brokerage Phone: 260-498-0384 Listed on: 05/30/2024

eXp Realty, LLC

Last Buyer's Agent

Amanda Zumbrun

Siders Premiere Properties, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,042

Year Built

  • Built in 1910

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 66x132
  • Level Lot

Parking

  • 6 Parking Spaces

Home Design

  • Quadruplex
  • Vinyl Construction Material

Interior Spaces

  • 2,490 Sq Ft Home
  • 2-Story Property
  • Laundry in Utility Room

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Basement

  • Block Basement Construction
  • 4 Bedrooms in Basement
  • Crawl Space

Schools

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

Additional Features

  • Covered patio or porch
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tenant pays for cable, snow removal, deposit value
  • The owner pays for building insurance, cooling, electric, fuel, heating, lawn maintenance, maintenance, sewer, tax, trash collection, water
  • Assessor Parcel Number 85-14-11-401-018.000-009

Community Details

Overview

  • 4 Units

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Fuel Expense $4,340
  • Insurance Expense $1,557
  • Maintenance Expense $800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,042

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Fourplex
  • Year Built: 1910
  • Age: 114
  • Style: Two Story
  • Bedrooms: 8
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: NORTHERN & CONT NORTHERN LOT 72
  • Parcel Number ID: 85-14-11-401-018.000-009
  • Platted: Yes
  • Amenities: Porch Covered
  • Number Below Grade Bedrooms: 4
  • Sp Lp Percent: 91.7
  • Monthly Gross Income: 2860
  • Year Taxes Payable: 2023
  • Special Features: None

Interior Features

  • Total Sq Ft: 2490
  • Total Finished Sq Ft: 2490
  • Above Grade Finished Sq Ft: 2490
  • Price Per Sq Ft: 88.35
  • Basement Foundation: Crawl
  • Basement Material: Block
  • Flooring: Mixed
  • Number Of Ranges Ovens: 4

Exterior Features

  • Exterior: Vinyl
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 6

Utilities

  • Cooling: Central Air
  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Fuel Expense: 4340
  • Annual Insurance Expense: 1557
  • Annual Maintenance Expense: 800
  • Number Electric Meters: 1
  • Number Gas Meters: 1
  • Number Of W D Hookups: 2
  • Number Water Meters: 1

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 66X132
  • Estimated Lot Sq Ft: 8712
  • Estimated Lot Size Acres: 0.2
  • Lot Number: 72

Rental Info

  • Lease Term: Week to Week
  • Owner Pays: Building Insurance, Cooling, Electric, Fuel, Heating, Lawn Maintenance, Maintenance, Sewer, Tax, Trash Collection, Water
  • Tenant Pays: Cable, Snow Removal, Deposit Value

Multi Family

  • Gross Monthly Rent: 2860
  • Number Of Dryers: 2
  • Number Of Refrigerators: 4
  • Number Of Units: 4
  • Number Of Washers: 2
  • Num Of1 Bedrooms: 4
  • Num Of Units Rented: 4

Tax Info

  • Annual Property Tax: 2042

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
May 30, 2024
Closed on
Jul 12, 2024
Sold by
Wabash Residences Llc
Bought by
Sjc Holdings Llc
Seller's Agent
Jordan Wildman
eXp Realty, LLC
Buyer's Agent
Amanda Zumbrun
Siders Premiere Properties, LLC
List Price
$239,900
Sold Price
$220,000
Premium/Discount to List
-$19,900
-8.3%
Total Days on Market
42
Views
7
Current Estimated Value
$200,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$20,000
Avg. Annual Appreciation
-9.94%
Original Mortgage
$512,000
Outstanding Balance
$502,891
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
-$302,891

Purchase Details

Closed on
Apr 22, 2022
Sold by
Abundant Life Properties Llc
Bought by
Wabash Residences Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,016,320
Interest Rate
4.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 17, 2018
Sold by
Abundant Life Investments Llc
Bought by
Abundant Life Properties Llc

Purchase Details

Closed on
Jul 30, 2010
Sold by
Fannie Mae
Bought by
Abundant Life Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,500
Interest Rate
4.7%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Feb 16, 2010
Sold by
Guerrero Daniel G and Countrywide Home Loans Servici
Bought by
Fannie Mae and Federal National Mortgage Association
Source: Public Records

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Range of Values:

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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
Sjc Holdings Llc $160,000 None Listed On Document
Wabash Residences Llc $75,000 Hardig Edward W
Abundant Life Properties Llc -- None Available
Abundant Life Investments Llc $65,000 --
Fannie Mae $68,123 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sjc Holdings Llc $512,000
Previous Owner Wabash Residences Llc $1,016,320
Previous Owner Abundant Life Investments Llc $37,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2024 10/08/24 Off Market $750 -- --
09/20/2024 09/20/24 For Rent $750 0.0% --
07/12/2024 07/12/24 Sold $220,000 -8.3% $88 / Sq Ft
05/31/2024 05/31/24 For Sale $239,900 0.0% $96 / Sq Ft
05/30/2024 05/30/24 Price Changed $239,900 -- $96 / 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 $2,112 $105,600 $16,500 $89,100
2023 $2,042 $102,100 $16,500 $85,600
2022 $1,754 $87,700 $13,200 $74,500
2021 $1,622 $81,100 $13,200 $67,900
2020 $1,596 $79,800 $13,200 $66,600
2019 $1,486 $74,300 $13,200 $61,100
2018 $1,482 $74,100 $13,200 $60,900
2017 $1,552 $76,400 $13,200 $63,200
2016 $1,576 $77,600 $13,200 $64,400
2014 $1,494 $78,300 $13,200 $65,100
2013 $1,536 $76,800 $13,200 $63,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202419419

Indiana Regional MLS

APN: 85-14-11-401-018.000-009