NOT LISTED FOR SALE

1567 E 400 S Wabash, IN 46992

Estimated Value: $192,000 - $466,737

3 Beds
2.5 Baths
3,419 Sq Ft
$84/Sq Ft Est. Value

Last Sold December 30, 2016

Last sale price $430,000 $126 Per Sq Ft

Est. 33% decrease in value since last sale

Current estimated payment $1,783/month

41 Days on Market

Highlights

  • Pier or Dock
  • 44.03 Acre Lot
  • Lake Property
  • Waterfront
  • Open Floorplan
  • Ranch Style House

About This Home

As of December 2016

Rarely available!! 44.03 acres, large pond, Close to town and schools, 2-24' x 27' Morton pole buildings and a custom built 1,792 sq ft ranch style home with a full finished walkout basement. 2 or 3 bedrooms, large open concept kitchen, dining and living room. Large master bedroom with an attached 1/2 bath and patio doors onto the rear deck with a fabulous view over the pond. The walkout lower level consist of a large family room with a stone gas log fireplace, large open rec room, den or third bedroom, full bath and mechanical room. Covered front porch, upper level rear deck, lower level deck and stamped concrete patio, Out door shower under the deck, Deck extends right out to the pond. Covered 8' x 12' out door bar & cooking area. Oversized 2 car attached garage. Additional land is in CRP until Sept 30, 2017. Great for hunting and privacy.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,653

Year Built

  • Built in 1992

Lot Details

  • 44.03 Acre Lot
  • Waterfront
  • Backs to Open Ground
  • Rural Setting
  • Landscaped
  • Lot Has A Rolling Slope
  • Partially Wooded Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Stone Driveway

Home Design

  • Ranch Style House
  • Poured Concrete
  • Shingle Roof
  • Asphalt Roof
  • Cedar

Interior Spaces

  • Open Floorplan
  • Beamed Ceilings
  • Gas Log Fireplace
  • Double Pane Windows
  • Insulated Doors
  • Great Room
  • Workshop

Kitchen

  • Breakfast Bar
  • Ceramic Countertops

Flooring

  • Wood
  • Carpet
  • Laminate
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathtub with Shower
  • Separate Shower

Laundry

  • Laundry on main level
  • Electric Dryer Hookup

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump
  • 1 Bathroom in Basement
  • 1 Bedroom in Basement

Eco-Friendly Details

  • Energy-Efficient HVAC

Outdoor Features

  • Sun Deck
  • Lake Property
  • Lake, Pond or Stream
  • Covered Deck
  • Covered patio or porch

Utilities

  • Heat Pump System
  • Geothermal Heating and Cooling
  • Private Company Owned Well
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 85-15-29-200-031.000-007

Community Details

Amenities

  • Community Fire Pit

Recreation

  • Pier or Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,653

Year Built

Built in 1992

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1992
  • Age: 24
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 10
  • Total Number of Rooms Below Grade: 4
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 3
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Legal Description: PT NE1/4 29-27-7 9.83 ac, PT NE1/4 29-27-7 18.32 ac. & PT NE1/4 29-27-7 15.88 ac.
  • Parcel Number ID: 85-15-29-200-031.000-007
  • Platted: Yes
  • Amenities: Breakfast Bar, Ceilings-Beamed, Countertops-Ceramic, Deck Covered, Deck Open, Deck on Waterfront, Dryer Hook Up Electric, Firepit, Garage Door Opener, Landscaped, Open Floor Plan, Patio Open, Porch Covered, Six Panel Doors, Stand Up Shower, Tub/Shower Combination, Workshop, Great Room, Main Floor Laundry, Sump Pump
  • Cross Street: Co Rd 200 east
  • Improvmnts In Last5 Yrs: Yes
  • Location: Rural
  • Number Below Grade Bedrooms: 1
  • Parcel Id2: 851529200034000007
  • Road Access: County
  • Road Surface: Asphalt
  • Sp Lp Percent: 98.85
  • Special Features: None

Interior Features

  • Total Sq Ft: 3584
  • Total Finished Sq Ft: 3419
  • Above Grade Finished Sq Ft: 1792
  • Below Grade Finished Sq Ft: 1627
  • Below Grade Sq Ft: 165
  • Basement: Yes
  • Basement Foundation: Full Basement, Walk-Out Basement, Finished
  • Basement Material: Poured Concrete
  • Number Of Fireplaces: 1
  • Fireplace: Family Rm, Gas Log
  • Flooring: Hardwood Floors, Carpet, Laminate, Vinyl, Ceramic Tile
  • Living Great Room: Dimensions: 19x19, On Level: Main
  • Kitchen: Dimensions: 16x16, On Level: Main
  • Dining Room: Dimensions: 14x17, On Level: Main
  • Family Room: Dimensions: 18x32, On Level: Lower
  • Recreation Room: Dimensions: 14x30, On Level: Lower
  • Bedroom 1: Dimensions: 16x17, On Level: Main
  • Bedroom 2: Dimensions: 12x12, On Level: Main
  • Bedroom 3: Dimensions: 11x18, On Level: Lower
  • Other Room1: Mechanical, Dimensions: 11x15, On Level: Lower
  • Number Below Grade Bathrooms: 1
  • Number of Below Grade Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 1
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 1792

Exterior Features

  • Exterior: Cedar
  • Roof Material: Asphalt, Shingle
  • Outbuilding1: Pole/Post Building, Dimensions: 24x27
  • Outbuilding2: Pole/Post Building, Dimensions: 24x27, 648
  • Water Features: Pier/Dock

Garage/Parking

  • Driveway: Stone
  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 24x32
  • Garage Sq Ft: 768

Utilities

  • Cooling: Heat Pump, Geothermal
  • Heating Fuel: Electric, Geothermal
  • Sewer: Septic
  • Water Utilities: Well
  • Electric Company: REMC
  • Hvac: Geothermal Hvac
  • Laundry: Dimensions: 11xMain, On Level: 12
  • Water Type: Pond
  • Well Type: Private

Schools

  • School District: MSD of Wabash County Schools
  • Elementary School: Southwood
  • Middle School: Southwood
  • High School: Southwood

Lot Info

  • Lot Description: Partially Wooded, Rolling, Lake, Waterfront-Level Bank
  • Lot Dimensions: See attached plat map
  • Estimated Lot Sq Ft: 1917947
  • Estimated Lot Size Acres: 44.03

Green Features

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

Tax Info

  • Annual Taxes: 1652.78
  • Exemptions: Homestead, Mortgage

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 7, 2021
Sold by
Miller Kenneth W
Bought by
Kelley Grant R and Kelley Dawn L
Current Estimated Value
$286,934

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$485,000
Outstanding Balance
$433,110
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
-$65,207

Purchase Details

Listed on
Nov 11, 2016
Closed on
Dec 30, 2016
Sold by
Kelley Grant R and Kelley Dawn L
Bought by
Miller Kenneth W
List Price
$359,900
Sold Price
$430,000
Premium/Discount to List
$70,100
19.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.82%
Original Mortgage
$400,000
Interest Rate
3.94%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jan 31, 2009
Sold by
King Gene L and King Bertha J
Bought by
Delauter Jack A and Delauter Angela L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 16, 2005
Sold by
King Gene L and King Bertha Jane
Bought by
Delauter Jack A and Delauter Angela L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,500
Interest Rate
5.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Kelley Grant R $645,050 None Listed On Document
Miller Kenneth W -- None Available
Kelley Grant R -- None Available
Delauter Jack A $85,500 --
Delauter Jack A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kelley Grant R $72,500
Closed Kelley Grant R $152,364
Open Kelley Grant R $485,000
Previous Owner Kelley Grant R $400,000
Previous Owner Delauter Jack A $170,500
Previous Owner Delauter Jack A $45,000
Previous Owner Delauter Jack A $85,000
Previous Owner Delauter Jack A $40,000
Previous Owner Delauter Jack A $156,000
Previous Owner Delauter Jack A $6,000
Previous Owner Delauter Jack A $172,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2016 12/30/16 Sold $430,000 +19.5% $126 / Sq Ft
12/22/2016 12/22/16 Pending -- -- --
11/11/2016 11/11/16 For Sale $359,900 -- $105 / 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 $2,290 $323,200 $74,900 $248,300
2023 $2,151 $317,700 $74,900 $242,800
2022 $1,708 $301,600 $74,900 $226,700
2021 $1,616 $269,900 $62,600 $207,300
2020 $1,500 $256,700 $62,600 $194,100
2019 $1,360 $245,700 $62,600 $183,100
2018 $1,335 $239,800 $62,600 $177,200
2017 $1,275 $239,700 $62,600 $177,100
2016 $1,072 $238,000 $62,600 $175,400
2014 $909 $234,400 $62,600 $171,800
2013 $855 $227,100 $62,600 $164,500
Source: Public Records

Map

Source: Indiana Regional MLS

MLS Number: 201651677

Indiana Regional MLS

APN: 85-15-29-200-031.000-007