NOT LISTED FOR SALE

164 E Canal St Wabash, IN 46992

Estimated Value: $62,000 - $116,000

4 Beds
2 Baths
1,848 Sq Ft
$50/Sq Ft Est. Value

Last Sold March 29, 2018

Last sale price $30,400 $16 Per Sq Ft

Est. 205% increase in value since last sale

Current estimated payment $587/month

8 Days on Market

Highlights

  • Forced Air Heating System
  • Carpet
  • 1-minute walk to Paradise Spring Historical Park & Riverwalk
  • Level Lot

About This Home

As of March 2018

Looking for an Investment that will begin paying $ the day you buy it? This property has great potential for monthly cash flow. Both units are currently rented to long term tenants. There has been alot of work done to update this duplex in the past couple years. There are 3 Rooms downstairs that could be used as Bedrooms, Living Room, dining room, bathroom and large apartment kitchen. The Upstairs unit is a one bedroom studio apartment with a nice size kitchen. The bathroom and kitchen has recently had updating. There was a new dimensional roof put on this unit about 2 years ago. 2018 Assessment on this property is $50,300. These units are located conveniently across from the park and all the downtown amenities. 190 Canal is also has the same ownership and could be bought in a package. Call me for your showing today.

Last Agent to Sell the Property

Jeffrey Moore

Four Season Realty, LLC Listed on: 03/02/2018

Last Buyer's Agent

Valerie Boyd

Wander Home Realty, LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 3,708 Sq Ft Lot
  • Lot Dimensions are 36 x 103
  • Level Lot

Parking

  • 3 Parking Spaces

Home Design

  • Duplex

Interior Spaces

  • 2-Story Property
  • Unfinished Basement
  • Stone or Rock in Basement

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • The owner pays for building insurance, electric, fuel, heating, lawn maintenance, maintenance, sewer, trash collection, water
  • Assessor Parcel Number 85-14-11-403-063.000-009

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,200
  • Fuel Expense $2,000
  • Insurance Expense $800
  • Trash Expense $350
  • Water Sewer Expense $1,200

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1900
  • Age: 118
  • Style: One and Half Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: OP S PT of W 36' Lot 19 |
  • Parcel Number ID: 85-14-11-403-063.000-009
  • Platted: Yes
  • Amenities: Basement
  • Inside City Limits: Yes
  • Sp Lp Percent: 76.19
  • Monthly Gross Income: 1192
  • Special Features: None

Interior Features

  • Total Sq Ft: 2079
  • Total Finished Sq Ft: 1848
  • Above Grade Finished Sq Ft: 1848
  • Below Grade Sq Ft: 231
  • Price Per Sq Ft: 16.45
  • Basement: Yes
  • Basement Foundation: Unfinished
  • Basement Material: Stone
  • Flooring: Carpet, Vinyl
  • Total Below Grade Sq Ft: 231
  • Number Of Microwaves: 2
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Aluminum
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 3

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Electric: 1200
  • Annual Fuel Expense: 2000
  • Annual Insurance Expense: 800
  • Annual Trash Expense: 350
  • Annual Water Sewer Expense: 1200
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • 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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 36 X 103
  • Estimated Lot Sq Ft: 3708
  • Estimated Lot Size Acres: 0.085

Rental Info

  • Lease Term: Week to Week
  • Owner Pays: Building Insurance, Electric, Fuel, Heating, Lawn Maintenance, Maintenance, Sewer, Trash Collection, Water

Tax Info

  • Total Assessed Value: 50300
  • Annual Property Tax: 1006

Multi Family

  • Gross Monthly Rent: 1200
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of1 Bedrooms: 1
  • Number Of 3 Bedrooms: 1
  • Num Of Efficiencies: 1
  • Num Of Units Rented: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 11, 2022
Sold by
Boyd and Valerie
Bought by
Daval Properties Llc
Current Estimated Value
$92,667

Purchase Details

Listed on
Mar 2, 2018
Closed on
Mar 30, 2018
Sold by
Blackburn Katrina
Bought by
Boyd David and Boyd Valerie
Seller's Agent
Jeffrey Moore
Four Season Realty, LLC
Buyer's Agent
Valerie Boyd
Wander Home Realty, LLC
List Price
$39,900
Sold Price
$30,400
Premium/Discount to List
-$9,500
-23.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.89%

Purchase Details

Closed on
May 14, 2013
Sold by
Justice Johnathan and Gatchel James L
Bought by
Blackburn Katrina and Gatchel James L

Purchase Details

Closed on
Jan 31, 2011
Sold by
Gatchel Doug and Gatchel James L
Bought by
Blackburn Katrina and Gatchel James L

Purchase Details

Closed on
Apr 3, 2009
Sold by
Blackburn Katrina and Novak Rebecca
Bought by
Gatchel Doug and Gatchel James L
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Daval Properties Llc -- Downs Tandy & Petruniw Pc
Boyd David $30,400 --
Boyd David $30,400 Wabash Valley Abstract
Blackburn Katrina -- None Available
Blackburn Katrina -- --
Gatchel Doug -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2018 03/29/18 Sold $30,400 -23.8% $16 / Sq Ft
03/10/2018 03/10/18 Pending -- -- --
03/02/2018 03/02/18 For Sale $39,900 +386.6% $22 / Sq Ft
11/16/2012 11/16/12 Sold $8,200 -13.7% $23 / Sq Ft
10/25/2012 10/25/12 For Sale $9,500 -- $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 $1,152 $57,600 $5,700 $51,900
2023 $1,122 $56,100 $5,700 $50,400
2022 $1,002 $50,100 $4,900 $45,200
2021 $634 $31,700 $4,900 $26,800
2020 $586 $29,300 $4,900 $24,400
2019 $548 $27,400 $4,900 $22,500
2018 $724 $36,200 $4,900 $31,300
2017 $24 $50,300 $4,900 $45,400
2016 $1,032 $50,400 $4,900 $45,500
2014 $885 $46,400 $4,900 $41,500
2013 $910 $45,500 $4,900 $40,600
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 201808070

Indiana Regional MLS

APN: 85-14-11-403-063.000-009