NOT LISTED FOR SALE

2575 Speicher Rd Wabash, IN 46992

Estimated Value: $195,000 - $541,273

3 Beds
2 Baths
2,200 Sq Ft
$192/Sq Ft Est. Value

Last Sold August 16, 2023

Last sale price $495,000 $225 Per Sq Ft

Est. 15% decrease in value since last sale

Current estimated payment $2,498/month

14 Days on Market

Highlights

  • Above Ground Pool
  • Fireplace in Bedroom
  • Workshop
  • RV Parking in Community
  • Covered patio or porch
  • Formal Dining Room

About This Home

As of August 2023

Introducing a stunning 2.0 story Post frame home, only 4 years old, with approximately 2,200 sq ft of finished living space, boasting exquisite features throughout. This 3-bedroom, 2-bathroom home offers a large custom kitchen with a spacious island, quartz countertops, black stainless appliances, and high-end vinyl plank flooring, creating a modern and inviting atmosphere. The open concept design seamlessly connects the large dining area and living room, highlighted by a cozy corner gas log fireplace. The upper level showcases a grand primary bedroom with a gas log fireplace, private bath with a 5' shower and tub, and a generous walk-in closet. Two additional sizable bedrooms complete the upper level. The home is complemented by a large covered front porch, a 3+ car attached garage with finished interior, and an attached post frame shop with a high overhead door, ideal for any hobby or storage needs. A 14' x 64' x 14' high covered lean-to addition provides convenient RV camper storage with water, electric, and sewer hookup. Additionally, a newer open front storage shed offers extra versatility. With natural gas and the potential for TWN high-speed fiber internet, this home combines modern amenities with rural charm. Water softener & above ground pool can also remain. Washer & dryer, 2 freezers and extra refrigerator in the garage and shelving in the post building are excluded from the sale. Average gas is $122.50/mo. Average electric is $115.61/mo. Taxes are estimated due to the split from the farm. A remarkable opportunity awaits in this move-in-ready property.

Last Listed By

Robert Lundquist

Lundquist Appraisals & Real Estate Brokerage Email: bob@lundquistrealestate.com Listed on: 07/25/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,503

Year Built

  • Built in 2018

Lot Details

  • 8.02 Acre Lot
  • Lot Has A Rolling Slope

Parking

  • 3 Car Attached Garage
  • Heated Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Slab Foundation
  • Metal Siding

Interior Spaces

  • 2,200 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Ventless Fireplace
  • Gas Log Fireplace
  • Double Pane Windows
  • Living Room with Fireplace
  • 2 Fireplaces
  • Formal Dining Room
  • Workshop
  • 5 Bedrooms in Basement
  • Storage In Attic
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Kitchen Island
  • Built-In or Custom Kitchen Cabinets
  • Utility Sink

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Bedroom
  • Walk-In Closet
  • Double Vanity
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry on main level
  • Electric Dryer Hookup

Eco-Friendly Details

  • Energy-Efficient Windows
  • Energy-Efficient HVAC
  • Energy-Efficient Doors

Outdoor Features

  • Above Ground Pool
  • Covered patio or porch

Schools

  • Metro North/Sharp Creek Elementary School
  • Northfield Middle School
  • Northfield High School

Utilities

  • Forced Air Heating and Cooling System
  • High-Efficiency Furnace
  • Heating System Uses Gas
  • Private Company Owned Well
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 85-11-28-200-018.000-003

Community Details

Overview

  • RV Parking in Community

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,503

Year Built

Built in 2018

Lot Details

0

Parking

3

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 2018
  • Age: 5
  • Style: Two Story
  • Total Number of Rooms: 8
  • Total Number of Rooms Below Grade: 5
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: PT N1/2 NE1/4 28-28-7 8.02 acres
  • Parcel Number ID: 85-11-28-200-018.000-003
  • Platted: Yes
  • Amenities: Attic Storage, Breakfast Bar, Ceiling-9+, Ceiling Fan(s), Closet(s) Walk-in, Detector-Smoke, Dryer Hook Up Electric, Eat-In Kitchen, Kitchen Island, Patio Covered, Porch Covered, Twin Sink Vanity, Utility Sink, RV Parking, Stand Up Shower, Tub and Separate Shower, Tub/Shower Combination, Workshop, Formal Dining Room, Garage-Heated, Main Floor Laundry, Custom Cabinetry
  • Cross Street: Co Rd 300 E
  • Improvmnts In Last5 Yrs: Yes
  • Road Access: County
  • Road Surface: Asphalt
  • Sp Lp Percent: 100
  • Year Taxes Payable: 2022 pay 2023
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 2200
  • Total Finished Sq Ft: 2200
  • Above Grade Finished Sq Ft: 2200
  • Price Per Sq Ft: 225
  • Basement Foundation: Slab
  • Number Of Fireplaces: 2
  • Fireplace: Living/Great Rm, 1st Bdrm, Gas Log, Ventless
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl
  • Living Great Room: Dimensions: 26x14, On Level: Main
  • Kitchen: Dimensions: 26x17, On Level: Main
  • Dining Room: Dimensions: 17x15, On Level: Main
  • Extra Room: Pantry, Dimensions: 9x7, On Level: Main
  • Bedroom 1: Dimensions: 22x15, On Level: Upper
  • Bedroom 2: Dimensions: 11x10, On Level: Upper
  • Bedroom 3: Dimensions: 12x10, On Level: Main
  • Other Room1: Storage, Dimensions: 8x9, On Level: Main
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Metal
  • Outbuilding1: Pole/Post Building, Dimensions: 64x46
  • Pool: Above Ground
  • Pool: Yes
  • Outbuilding2: Pole/Post Building, Dimensions: 64x14, 896

Garage/Parking

  • Driveway: Asphalt
  • Garage Type: Attached
  • Garage Number Of Cars: 3
  • Garage Size: Dimensions: 40x28
  • Garage Sq Ft: 1120
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Septic
  • Water Utilities: Well
  • Hvac: High Efficiency Furnace
  • Well Type: Private

Schools

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

Lot Info

  • Lot Description: Rolling
  • Lot Dimensions: See attached survey
  • Estimated Lot Sq Ft: 349351
  • Estimated Lot Size Acres: 8.02

Green Features

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

Tax Info

  • Annual Taxes: 1503.05
  • Exemptions: Homestead, Mortgage

MLS Schools

  • High School: Northfield
  • Middle School: Northfield
  • School District: MSD of Wabash County Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2023
Closed on
Aug 16, 2023
Sold by
Bowman David A and Bowman Amy J
Bought by
Swan Brent A and Swan Danielle J
Seller's Agent
Robert Lundquist
Lundquist Appraisals & Real Estate
Buyer's Agent
Robert Lundquist
Lundquist Appraisals & Real Estate
List Price
$495,000
Sold Price
$495,000
Total Days on Market
14
Views
1
Current Estimated Value
$422,068

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$72,932
Avg. Annual Appreciation
-8.59%
Original Mortgage
$470,250
Outstanding Balance
$462,246
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
-$38,827

Purchase Details

Closed on
Sep 2, 2021
Sold by
Bowman David A and Bowman Amy J
Bought by
Wood Randa J and Wood Nathan R

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
Swan Brent A $495,000 None Listed On Document
Wood Randa J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Swan Brent A $470,250
Previous Owner Wood Randa J $0
Previous Owner Wood Randa J $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2023 08/16/23 Sold $495,000 0.0% $225 / Sq Ft
08/08/2023 08/08/23 Pending -- -- --
07/25/2023 07/25/23 For Sale $495,000 -- $225 / 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 $1,892 $266,200 $28,100 $238,100
2023 $3,078 $331,200 $97,400 $233,800
2022 $2,251 $300,700 $80,700 $220,000
2021 $2,329 $284,000 $70,700 $213,300
2020 $3,567 $273,100 $70,200 $202,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202326204

Indiana Regional MLS

APN: 85-11-28-200-018.000-003