NOT LISTED FOR SALE

2449 S 300 E Wabash, IN 46992

Estimated Value: $187,092 - $213,000

2 Beds
1 Bath
1,340 Sq Ft
$151/Sq Ft Est. Value

Last Sold February 07, 2017

Last sale price $106,500 $79 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $1,149/month

174 Days on Market

Highlights

  • Waterfront
  • Corner Lot
  • Formal Dining Room
  • Lake, Pond or Stream
  • Workshop
  • Enclosed Patio or Porch

About This Home

As of February 2017

Need a very nice finished shop building and potential income producing property? 2-3 bedroom, 1 bath 1340 sq ft home with a large enclosed front porch, rear deck, 10' x 26' attached garage currently rented for $550/mo. Newer roof, newer 90+ gas furnace and central air. Remodeled bath. 40' x 64' x 14' high very nice finished and heated shop building. 10' x 24' finished office area. 21' x 24' efficency apartment currently rented for $125/week. 56' x 96' x 16' high pole building constructed in 1996 was used for boat & RV storage 2015 rental income from this bldg was $4,960. There is a small pond located on the property.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,202

Year Built

  • Built in 1900

Lot Details

  • 2 Acre Lot
  • Waterfront
  • Rural Setting
  • Corner Lot

Parking

  • 1 Car Attached Garage
  • Stone Driveway

Home Design

  • Shingle Roof
  • Metal Roof
  • Stone Exterior Construction
  • Vinyl Construction Material

Interior Spaces

  • 1.5-Story Property
  • Formal Dining Room
  • Workshop
  • Laundry on main level

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Basement

  • Block Basement Construction
  • Stone or Rock in Basement
  • Crawl Space

Outdoor Features

  • Lake, Pond or Stream
  • Enclosed Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • High-Efficiency Furnace
  • Heating System Powered By Leased Propane
  • Propane
  • Private Company Owned Well
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 85-15-15-100-017.000-003

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,202

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1900
  • Age: 117
  • Style: One and Half Story
  • Total Number of Rooms: 6
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: PT NW1/4 15-27-7
  • Parcel Number ID: 85-15-15-100-017.000-003
  • Platted: Yes
  • Amenities: Deck Open, Porch Enclosed, Tub/Shower Combination, Workshop, Formal Dining Room, Main Floor Laundry
  • Cross Street: Co Rd 250 S
  • Investment Property: Yes
  • Location: Rural
  • Road Access: County
  • Road Surface: Asphalt
  • Sp Lp Percent: 93.01
  • Special Features: None

Interior Features

  • Total Sq Ft: 1340
  • Total Finished Sq Ft: 1340
  • Above Grade Finished Sq Ft: 1340
  • Basement Foundation: Crawl
  • Basement Material: Block, Stone
  • Flooring: Carpet, Vinyl
  • Living Great Room: Dimensions: 12x15, On Level: Main
  • Kitchen: Dimensions: 10x16, On Level: Main
  • Dining Room: Dimensions: 10x13, On Level: Main
  • Family Room: Dimensions: 14x15, On Level: Main
  • Bedroom 1: Dimensions: 15x15, On Level: Upper
  • Bedroom 2: Dimensions: 12x14, On Level: Upper
  • Main Level Sq Ft: 860
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Stone, Vinyl
  • Roof Material: Metal, Dimensional Shingles
  • Outbuilding1: Pole/Post Building, Dimensions: 40x64
  • Outbuilding2: Pole/Post Building, Dimensions: 56x96, 5376

Garage/Parking

  • Driveway: Stone
  • Garage Type: Attached
  • Garage Number Of Cars: 1
  • Garage Size: Dimensions: 10x26
  • Garage Sq Ft: 260

Utilities

  • Cooling: Central Air
  • Heating Fuel: Propane, Forced Air, Propane Tank Rented
  • Sewer: Septic
  • Water Utilities: Well
  • Electric Company: REMC
  • Gas Company: NIPSCO
  • Hvac: High Efficiency Furnace
  • Laundry: Dimensions: 10xMain, On Level: 12
  • Water Type: Pond
  • Well Type: Private

Schools

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

Lot Info

  • Lot Description: Corner
  • Lot Dimensions: See attached plat map
  • Estimated Lot Sq Ft: 87120
  • Estimated Lot Size Acres: 2

Tax Info

  • Annual Taxes: 1202.1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2016
Closed on
Feb 7, 2017
Sold by
Weaver Michael H
Bought by
Fultz Larry A and Gamble Kimberly K
List Price
$129,500
Sold Price
$106,500
Premium/Discount to List
-$23,000
-17.76%
Current Estimated Value
$202,523

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,023
Avg. Annual Appreciation
7.23%
Original Mortgage
$140,400
Outstanding Balance
$121,443
Interest Rate
5.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$73,419

Purchase Details

Closed on
Jun 19, 2008
Sold by
Westendorf Nicholas Alan
Bought by
Weaver Michael H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
5.96%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Fultz Larry A -- None Available
Weaver Michael H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fultz Larry A $140,400
Previous Owner Weaver Michael H $135,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/07/2017 02/07/17 Sold $106,500 -17.8% $79 / Sq Ft
01/24/2017 01/24/17 Pending -- -- --
08/03/2016 08/03/16 For Sale $129,500 -- $97 / 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 $905 $148,900 $21,700 $127,200
2023 $1,165 $146,800 $21,700 $125,100
2022 $935 $143,100 $21,700 $121,400
2021 $830 $122,800 $18,700 $104,100
2020 $815 $119,300 $18,700 $100,600
2019 $768 $114,500 $18,700 $95,800
2018 $784 $114,800 $18,700 $96,100
2017 $777 $114,300 $20,000 $94,300
2016 $1,268 $107,400 $19,000 $88,400
2014 $1,032 $108,500 $19,000 $89,500
2013 $1,165 $107,700 $19,000 $88,700
Source: Public Records

Map

Source: Indiana Regional MLS

MLS Number: 201636048

Indiana Regional MLS

APN: 85-15-15-100-017.000-003