1640 Pike St Wabash, IN 46992
Estimated Value: $103,000 - $146,000
3
Beds
1
Bath
1,336
Sq Ft
$96/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Patio
- 1-Story Property
- Porch
- Bungalow
- Forced Air Heating and Cooling System
About This Home
As of April 2021Just on the outskirts of Wabash and you get the best of both worlds. City/Country. City utilities (water,sewer), NIPSCO gas and the feeling of living in the country! 3BR home with plenty of outdoor space on it's .66 of an Acre city lot! Appliances remain. Large 14x16 master bedroom. Gas Forced Air & Central Air. Maintenance free vinyl siding and the Roof is 8 yrs old. 20x38 Apartment attached to the Outbuilding that provides the owner $450/mo (w/o utilities) cash flow. (Apartment has an excellent renter) Apartment also has separate electric & water meter from main house. 22x40 Outbuilding utilized as a 2 car garage with one garage completely separate from the other for the rental unit that is attached. House and ground were tested for lead due to previous renter request. Inspection results are attached to disclosures. Lead was found around window sills and casings. In Regard to Seller's disclosure items disclosed: Pest Treatment has been done by Terminex for the past 3 yrs. The last inspection/treatment was in April 2020. Damage was found 3 years ago in the master bedroom and was repaired. Damage was in paneling and not wood studs according to homeowners. Also, homeowner stated in disclosure that there is foundation problem. Homeowner explains that his father had poured concrete around the foundation decades ago to prevent mice, pests, and water from entering. We are not sure if this is a structural problem or not but would recommend a home inspector to examine the foundation. Renter has a 1 yr lease until Oct 2021. 90 days notice to vacate prior to lease expiration date is required per the lease.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1910
Lot Details
- 0.66 Acre Lot
- Irregular Lot
Parking
- Stone Driveway
Home Design
- Duplex
- Bungalow
- Shingle Roof
- Stone Exterior Construction
- Vinyl Construction Material
Interior Spaces
- 1,336 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Crawl Space
Flooring
- Wood
- Laminate
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Outdoor Features
- Patio
- Porch
Schools
- Southwood Elementary And Middle School
- Southwood High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
Listing and Financial Details
- Assessor Parcel Number 85-14-63-301-011.000-008
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 4, 2020
Closed on
Apr 23, 2021
Sold by
Yoakum John W
Bought by
Newell Dan Arthur
Seller's Agent
Lesley Vigar
True Realty
Buyer's Agent
Tami Gibson
Hoosier Pros LLC
List Price
$80,000
Sold Price
$75,000
Premium/Discount to List
-$5,000
-6.25%
Total Days on Market
137
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,220
Avg. Annual Appreciation
15.60%
Original Mortgage
$56,250
Outstanding Balance
$47,755
Interest Rate
3.05%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$88,905
Similar Homes in Wabash, IN
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Newell Dan Arthur | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Newell Dan Arthur | $56,250 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/27/2021 04/27/21 | Sold | $75,000 | 0.0% | $56 / Sq Ft |
| 04/20/2021 04/20/21 | Pending | -- | -- | -- |
| 12/11/2020 12/11/20 | Price Changed | $75,000 | -6.3% | $56 / Sq Ft |
| 12/04/2020 12/04/20 | For Sale | $80,000 | -- | $60 / Sq Ft |
Source: Indiana Regional MLS
Tax History Compared to Growth
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 | $1,896 | $94,800 | $15,800 | $79,000 |
| 2023 | $1,894 | $94,700 | $15,800 | $78,900 |
| 2022 | $1,754 | $87,700 | $15,800 | $71,900 |
| 2021 | $2,075 | $103,500 | $14,700 | $88,800 |
| 2020 | $2,025 | $101,000 | $14,700 | $86,300 |
| 2019 | $2,011 | $100,300 | $14,700 | $85,600 |
| 2018 | $1,973 | $98,400 | $14,700 | $83,700 |
| 2017 | $1,927 | $94,900 | $14,700 | $80,200 |
| 2016 | $1,901 | $93,600 | $14,700 | $78,900 |
| 2014 | $1,594 | $89,100 | $14,700 | $74,400 |
| 2013 | $1,640 | $87,400 | $14,700 | $72,700 |
Source: Public Records
Agents Affiliated with this Home
-
Lesley Vigar
Seller's Agent in 2021
Lesley Vigar
True Realty
(260) 906-6303
82 Total Sales
-
Tami Gibson
Buyer's Agent in 2021
Tami Gibson
Hoosier Pros LLC
(312) 343-9177
42 Total Sales
Map
Source: Indiana Regional MLS
MLS Number: 202047979
APN: 85-14-63-301-011.000-008
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