$55,000
SOLD JAN 9, 2025

2863 S 700 W Wabash, IN 46992

1 Bed
1 Bath
792 Sq Ft
0.3 Acres

Recently Sold

$69 Per Sq Ft

24% Below List Price

104 Days on Market

Highlights

  • Primary Bedroom Suite
  • Covered patio or porch
  • Forced Air Heating System
  • Ranch Style House
  • Bathtub with Shower
  • Ceiling Fan

About This Home

As of January 2025

An affordable home with a large yard and great country views. One bedroom, one full bathroom with laundry area on main level. Perfect starter home or investment property. Newer roof on west section. Large rooms. Basement houses all the mechanicals. Taxes do not reflect a homestead exemption.

Last Agent to Sell the Property

Keli Cordill

Tri Oaks Realty Listed on: 09/25/2024

Last Buyer's Agent

Emily Airgood

Lundquist Appraisals & Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $536

Year Built

  • Built in 1920

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 132 x 99
  • Level Lot

HOA Fees

  • $2 per month

Parking

  • Gravel Driveway

Home Design

  • Ranch Style House
  • Asphalt Roof

Interior Spaces

  • Ceiling Fan
  • Carpet
  • Laminate Countertops
  • Washer and Electric Dryer Hookup

Bedrooms and Bathrooms

  • 1 Bedroom
  • Primary Bedroom Suite
  • 1 Full Bathroom
  • Bathtub with Shower

Partially Finished Basement

  • Stone or Rock in Basement
  • Crawl Space

Outdoor Features

  • Covered patio or porch

Schools

  • Southwood Elementary And Middle School
  • Southwood High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Private Company Owned Well
  • Well
  • Septic System

Community Details

  • $2 Other Monthly Fees

Listing and Financial Details

  • Assessor Parcel Number 85-13-13-303-009.000-007

Home Details

Home Type

Single Family

Est. Annual Taxes

$536

Year Built

Built in 1920

Lot Details

0

HOA Fees

$2 per month

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1920
  • Age: 105
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 4
  • Bedrooms: 1
  • Number Above Grade Bedrooms: 1
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: BARNETTS (RICHVALLEY) 4 2877 S 700 W DITCH 510-01402-00
  • Parcel Number ID: 85-13-13-303-009.000-007
  • Platted: Yes
  • Amenities: Ceiling Fan(s), Countertops-Laminate, Dryer Hook Up Electric, Porch Covered, Tub/Shower Combination, Main Level Bedroom Suite, Washer Hook-Up
  • Cross Street: Bus 24
  • Sp Lp Percent: 91.82
  • Year Taxes Payable: 2024
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 990
  • Total Finished Sq Ft: 792
  • Above Grade Finished Sq Ft: 792
  • Below Grade Sq Ft: 198
  • Price Per Sq Ft: 69.44
  • Basement: Yes
  • Basement Foundation: Crawl, Partial Basement
  • Basement Material: Stone
  • Flooring: Carpet
  • Living Great Room: Dimensions: 15x13, On Level: Main
  • Kitchen: Dimensions: 11x11, On Level: Main
  • Dining Room: Dimensions: 15x12, On Level: Main
  • Bedroom 1: Dimensions: 11x10, On Level: Main
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 198

Exterior Features

  • Exterior: Aluminum
  • Roof Material: Asphalt
  • Outbuilding1: None

Garage/Parking

  • Driveway: Gravel

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: Septic
  • Water Utilities: Well
  • Electric Company: Heartland
  • Gas Company: NIPSCO
  • Hvac: Ceiling Fan
  • Well Type: Private

Condo/Co-op/Association

  • Other Fee Description: county recycling fee
  • Other Fees Dollar: 24

Schools

  • School District: MSD of Wabash County Schools
  • Elementary School: Southwood
  • Middle School: Southwood
  • High School: Southwood
  • Elementary School: Southwood

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 132 x 99
  • Estimated Lot Sq Ft: 13068
  • Estimated Lot Size Acres: 0.3

Tax Info

  • Annual Taxes: 536

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2024
Closed on
Jan 9, 2025
Sold by
Unger Douglas D
Bought by
J And E Butcher Enterprises Llc
Seller's Agent
Keli Cordill
Tri Oaks Realty
Buyer's Agent
Emily Airgood
Lundquist Appraisals & Real Estate
List Price
$71,900
Sold Price
$55,000
Premium/Discount to List
-$16,900
-23.5%
Total Days on Market
104
Views
119
Current Estimated Value
$65,467

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,467
Avg. Annual Appreciation
49.95%
Original Mortgage
$41,250
Outstanding Balance
$40,890
Interest Rate
8%
Mortgage Type
New Conventional
Estimated Equity
$24,577
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 Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed $55,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $41,250 New Conventional
Closed $41,250 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/09/2025 01/09/25 Sold $55,000 -8.2% $69 / Sq Ft
01/07/2025 01/07/25 Pending -- -- --
11/26/2024 11/26/24 Price Changed $59,900 -7.7% $76 / Sq Ft
11/19/2024 11/19/24 Price Changed $64,900 -5.8% $82 / Sq Ft
10/22/2024 10/22/24 Price Changed $68,900 -4.2% $87 / Sq Ft
09/25/2024 09/25/24 For Sale $71,900 -- $91 / 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 $542 $39,200 $6,600 $32,600
2023 $536 $39,600 $6,600 $33,000
2022 $412 $39,600 $6,600 $33,000
2021 $419 $36,200 $6,600 $29,600
2020 $409 $35,500 $6,600 $28,900
2019 $373 $33,800 $6,600 $27,200
2018 $357 $33,100 $6,600 $26,500
2017 $356 $32,800 $6,600 $26,200
2016 $302 $32,700 $6,600 $26,100
2014 $223 $32,300 $6,600 $25,700
2013 $240 $31,800 $6,600 $25,200
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2025

    Keli Cordill

    Tri Oaks Realty

    29 Total Sales

    Keli Cordill
    Section Image
  • Emily Airgood

    Buyer's Agent in 2025

    Emily Airgood

    Lundquist Appraisals & Real Estate

    (260) 571-8245

    10 Total Sales

    Emily Airgood
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202437163

Indiana Regional MLS

APN: 85-13-13-303-009.000-007

Indiana Wabash County Wabash 46992

2863 S 700 W, Wabash, IN

This home is located at 2863 S 700 W, Wabash, IN 46992 and is currently priced at $55,000, approximately $69 per square foot. This property was built in 1920. 2863 S 700 W is a home located in Wabash County.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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