NOT LISTED FOR SALE

1340-1342 Vernon St Wabash, IN 46992

Estimated Value: $112,000 - $176,000

4 Beds
2 Baths
1,812 Sq Ft
$80/Sq Ft Est. Value

Last Sold September 15, 2022

Last sale price $35,000 $19 Per Sq Ft

Est. 315% increase in value since last sale

Current estimated payment $908/month

10 Days on Market

Highlights

  • Wood Flooring
  • Eat-In Kitchen
  • Ceiling Fan
  • Covered Patio or Porch
  • Forced Air Heating System
  • Lot Has A Rolling Slope

About This Home

As of September 2022

Could be a single family home or currently a Duplex investment property with 2 - 2 bedroom, 1 bath units. 2 new 200 amp electric services and panel boxes. 1 electric water heater. 1 Newer Gas furnace. 2- ranges, 2- refrigerators, 1- washer & dryer. Both units currently vacant. One unit rentable and was rented until just recently and one unit is vacant and needs finished. Large lot. Current taxes are $1384.00 with no exemptions. Being sold strictly "AS IS" so don't waste everyone's time with offers contingent on inspections.

Last Agent to Sell the Property

Robert Lundquist

Lundquist Appraisals & Real Estate Listed on: 08/14/2022

Last Buyer's Agent

Sharon Yohe

Siders Premiere Properties, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,358

Year Built

  • Built in 1910

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 95 x 133
  • Lot Has A Rolling Slope

Home Design

  • Duplex
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Crawl Space
  • Eat-In Kitchen

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in Bathroom
  • Laundry in Kitchen
  • Washer Hookup

Parking

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

Schools

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

Utilities

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

Additional Features

  • Covered Patio or Porch
  • Suburban Location

Listing and Financial Details

  • Tenant pays for electric
  • The owner pays for maintenance, sewer, water
  • Assessor Parcel Number 85-14-63-204-063.000-009

Community Details

Overview

  • 2 Units

Building Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,358

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1910
  • Age: 112
  • Style: Two Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Bents 95' x 133' Lot 5
  • Parcel Number ID: 85-14-63-204-063.000-009
  • Platted: Yes
  • Amenities: Ceiling Fan, Cable Ready, Eat-In Kitchen, Porch Covered, Water Heater Electric, Washer Hook-Up
  • Cross Street: Columbus St
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Road Access: City
  • Road Surface: Asphalt
  • Sp Lp Percent: 87.5
  • Year Taxes Payable: 2021 pay 2022
  • Special Features: None

Interior Features

  • Total Sq Ft: 1812
  • Total Finished Sq Ft: 1812
  • Above Grade Finished Sq Ft: 1812
  • Price Per Sq Ft: 19.32
  • Basement Foundation: Crawl
  • Flooring: Carpet, Wood, Vinyl
  • Main Level Sq Ft: 1188
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 2
  • Parking: Off Street, Street

Utilities

  • Heating Fuel: Gas, 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: 2
  • Number Gas Meters: 1
  • Number Of W D Hookups: 2
  • Number Water Meters: 1

Condo/Co-op/Association

  • Common Amenities: Sidewalks

Schools

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

Lot Info

  • Lot Description: Rolling
  • Lot Dimensions: 95 x 133
  • Estimated Lot Sq Ft: 12632
  • Estimated Lot Size Acres: 0.29

Rental Info

  • Owner Pays: Maintenance, Sewer, Water
  • Tenant Pays: Electric

Multi Family

  • Number Of Dryers: 1
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Number Of Washers: 1
  • Num Of2 Bedrooms: 2

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
Aug 14, 2022
Closed on
Sep 15, 2022
Sold by
Jeffery Vanhoose
Bought by
Swick Logan and Swick Amanda
Seller's Agent
Robert Lundquist
Lundquist Appraisals & Real Estate
Buyer's Agent
Sharon Yohe
Siders Premiere Properties, LLC
List Price
$49,500
Sold Price
$35,000
Premium/Discount to List
-$14,500
-29.29%
Views
39
Current Estimated Value
$145,234

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,234
Avg. Annual Appreciation
66.46%

Purchase Details

Closed on
Jun 26, 2012
Sold by
First Merchants Bank
Bought by
Vanhoose Jefferson

Purchase Details

Closed on
Oct 8, 2010
Sold by
Passwater Mark S and Passwater Tonya L
Bought by
Passwater Tonya L
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Swick Logan -- --
Vanhoose Jefferson -- None Available
Passwater Tonya L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Swick Logan $40,000
Previous Owner Vanhoose Jeffery $60,356
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2022 09/15/22 Sold $35,000 -12.5% $19 / Sq Ft
08/24/2022 08/24/22 Pending -- -- --
08/17/2022 08/17/22 Price Changed $40,000 -19.2% $22 / Sq Ft
08/14/2022 08/14/22 For Sale $49,500 -- $27 / 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 $1,358 $67,900 $10,100 $57,800
2023 $1,656 $82,800 $10,100 $72,700
2022 $1,496 $74,800 $8,100 $66,700
2021 $1,382 $69,100 $8,100 $61,000
2020 $1,360 $68,000 $8,100 $59,900
2019 $1,304 $65,200 $8,100 $57,100
2018 $1,302 $65,100 $8,100 $57,000
2017 $1,272 $62,400 $8,100 $54,300
2016 $1,274 $62,500 $8,100 $54,400
2014 $1,109 $58,100 $8,100 $50,000
2013 $1,140 $57,000 $8,100 $48,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202233981

Indiana Regional MLS

APN: 85-14-63-204-063.000-009