NOT LISTED FOR SALE

1957 E State Road 524 Wabash, IN 46992

Estimated Value: $337,000 - $423,000

4 Beds
3 Baths
3,136 Sq Ft
$119/Sq Ft Est. Value

Last Sold August 31, 2017

Last sale price $200,000 $64 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $2,327/month

32 Days on Market

Highlights

  • RV Parking in Community
  • Traditional Architecture
  • 2 Car Attached Garage
  • Partially Wooded Lot
  • Whirlpool Bathtub
  • Forced Air Heating and Cooling System

About This Home

As of August 2017

A beautiful 10 acre lot that used to be a mobile home park with a motel and apartment building and a smaller home that could be remodeled and rented again or used for an in-law home. The main house on the property has been well maintained with 4 bedrooms and 3 full baths, and a 24 X 40 2 car garage with attic storage above it. The well for the property is in the basement of the garage in the 2 bedroom home and has recently been updated. A wonderful area to raise a family.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,428

Year Built

  • Built in 1942

Lot Details

  • 10 Acre Lot
  • Rural Setting
  • Partially Wooded Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 3,136 Sq Ft Home
  • 2-Story Property
  • Partially Finished Basement
  • Stone or Rock in Basement
  • Storage In Attic
  • Laundry on main level

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Whirlpool Bathtub
  • Bathtub with Shower

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Powered By Leased Propane
  • Propane
  • Private Water Source
  • Shared Well
  • Septic System

Community Details

  • RV Parking in Community

Listing and Financial Details

  • Assessor Parcel Number 85-11-32-400-012.000-003

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,428

Year Built

Built in 1942

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1942
  • Age: 75
  • Style: Two Story
  • Architectural Style: Traditional
  • Total Number of Rooms: 10
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: PT SE 32-28-7 10 AC
  • Parcel Number ID: 85-11-32-400-012.000-003
  • Platted: Yes
  • Amenities: Attic Storage, Deck Open, Garage Door Opener, Jet Tub, RV Parking, Tub/Shower Combination, Main Floor Laundry
  • Improvmnts In Last5 Yrs: Yes
  • Investment Property: Yes
  • Location: Rural
  • Road Surface: Paved
  • Sp Lp Percent: 95.28
  • Special Features: None

Interior Features

  • Total Sq Ft: 3136
  • Total Finished Sq Ft: 3136
  • Above Grade Finished Sq Ft: 3136
  • Basement Foundation: Partial Basement
  • Basement Material: Stone
  • Flooring: Carpet, Vinyl
  • Kitchen: Dimensions: 12x23, On Level: Main
  • Dining Room: Dimensions: 12x23, On Level: Main
  • Family Room: Dimensions: 16x18, On Level: Main
  • Extra Room: Sewing Room, Dimensions: 7x9, On Level: Main
  • Bedroom 1: Dimensions: 12x14, On Level: Main
  • Bedroom 2: Dimensions: 12x11, On Level: Main
  • Bedroom 3: Dimensions: 10x18, On Level: Upper
  • Bedroom 4: Dimensions: 12x20, On Level: Upper
  • Other Room1: Sunroom with woodstove, Dimensions: 12x20, On Level: Main
  • Other Room 2: Back Entrance/ Reception, Dimensions: 12x20, On Level: Main
  • Loft: Dimensions: 9x19, On Level: Upper
  • Number of Main Level Full Bathrooms: 2

Exterior Features

  • Exterior: Brick, Vinyl
  • Roof Material: Dimensional Shingles
  • Outbuilding1: Garden Shed, Dimensions: 10x12

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 24x40
  • Garage Sq Ft: 960

Utilities

  • Cooling: Central Air
  • Heating Fuel: Propane, Forced Air, Propane Tank Rented
  • Sewer: Septic
  • Water Utilities: Private
  • Laundry: Dimensions: 6xMain, On Level: 6
  • Well Type: Shared

Schools

  • School District: MSD of Wabash County Schools
  • Elementary School: Metro North/Sharp Creek
  • Middle School: Northfield
  • High School: Northfield

Lot Info

  • Lot Description: Partially Wooded
  • Lot Dimensions: 10 Acres
  • Estimated Lot Sq Ft: 435600
  • Estimated Lot Size Acres: 10

Tax Info

  • Annual Taxes: 1428
  • Exemptions: Homestead, Over 65

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 1, 2019
Sold by
Pefley Proeprties Llc
Bought by
Deer Lakes Apartments Llc
Total Days on Market
32
Current Estimated Value
$371,857

Purchase Details

Listed on
Jun 19, 2017
Closed on
Aug 31, 2017
Sold by
Foster Doris E
Bought by
Pefley Properties L L C
List Price
$209,900
Sold Price
$200,000
Premium/Discount to List
-$9,900
-4.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.10%
Original Mortgage
$448,000
Interest Rate
5.25%
Mortgage Type
Credit Line Revolving
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
Deer Lakes Apartments Llc $207,500 Metz Title Company, Inc
Pefley Properties L L C $200,000 Metz Title Company, Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pefley Properties L L C $448,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2017 08/31/17 Sold $200,000 -4.7% $64 / Sq Ft
07/21/2017 07/21/17 Pending -- -- --
06/19/2017 06/19/17 For Sale $209,900 -- $67 / 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 $2,999 $203,100 $52,700 $150,400
2023 $3,096 $204,900 $52,700 $152,200
2022 $2,430 $204,900 $52,700 $152,200
2021 $2,570 $191,900 $52,700 $139,200
2020 $2,587 $191,900 $52,700 $139,200
2019 $2,574 $199,300 $52,700 $146,600
2018 $2,584 $207,100 $59,700 $147,400
2017 $1,690 $211,400 $65,100 $146,300
2016 $1,449 $213,900 $65,100 $148,800
2014 $1,278 $213,600 $65,100 $148,500
2013 $2,039 $288,300 $65,100 $223,200
Source: Public Records

Map

Source: Indiana Regional MLS

MLS Number: 201727803

Indiana Regional MLS

APN: 85-11-32-400-012.000-003