NOT LISTED FOR SALE

309 W Maple St Wabash, IN 46992

Estimated Value: $94,000 - $175,000

4 Beds
4 Baths
2,742 Sq Ft
$53/Sq Ft Est. Value

Last Sold November 20, 2015

Last sale price $16,000 $6 Per Sq Ft

Est. 815% increase in value since last sale

Current estimated payment $1,011/month

317 Days on Market

Highlights

  • Corner Lot
  • Baseboard Heating
  • Wood Siding
  • Enclosed patio or porch
  • 4 Car Garage
  • Vinyl Flooring

About This Home

As of November 2015

Great Investment property. This two-story home has four 1-bedroom apartments. All new laminate flooring was installed a few years ago in each unit. Long standing tenants provide good cash flow. Each unit comes with it's own single car garage. Check it out today!

Last Agent to Sell the Property

Katy Stewart

Terrell Realty Group, LLC Listed on: 01/03/2015

Co-Listed By

Jennie Terrell

Terrell Realty Group, LLC

Last Buyer's Agent

Katy Stewart

Terrell Realty Group, LLC Listed on: 01/03/2015

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 67 x 132
  • Corner Lot

Home Design

  • Quadruplex
  • Shingle Roof
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 2,742 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Parking

  • 4 Car Garage
  • Off-Street Parking

Schools

  • Oj Neighbors Elementary School
  • Wabash Middle School
  • Wabash High School

Utilities

  • Baseboard Heating
  • Cable TV Available

Additional Features

  • Enclosed patio or porch
  • Suburban Location

Listing and Financial Details

  • Tenant pays for cable, cooling, heating
  • The owner pays for lawn maintenance, sewer, tax, trash collection, water
  • Assessor Parcel Number 85-14-40-402-057.000-009

Community Details

Overview

  • 4 Units

Pet Policy

  • Pet Restriction

Building Details

  • 5 Separate Electric Meters
  • 1 Separate Water Meter
  • Fuel Expense $360
  • Maintenance Expense $600
  • Trash Expense $3,000
  • Water Sewer Expense $1,800

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Fourplex
  • Year Built: 1900
  • Age: 115
  • Style: Two Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: E & H PT 23.66' LOT 23 NORTHERN LOT 19 |
  • Parcel Number ID: 85-14-40-402-057.000-009
  • Platted: Yes
  • Amenities: Basement, Off Street Parking, Cable Available, Porch Covered, Porch Enclosed
  • Location: City/Town/Suburb
  • Sp Lp Percent: 64
  • Monthly Gross Income: 1300
  • Year Taxes Payable: 2014
  • Special Features: None

Interior Features

  • Total Sq Ft: 2742
  • Total Finished Sq Ft: 2742
  • Above Grade Finished Sq Ft: 2742
  • Price Per Sq Ft: 5.84
  • Basement: Yes
  • Basement Foundation: Full Basement, Unfinished
  • Flooring: Laminate, Vinyl
  • Number Of Ranges Ovens: 4

Exterior Features

  • Exterior: Wood
  • Roof Material: Asphalt, Shingle
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 4
  • Parking: Garage

Utilities

  • Heating Fuel: Baseboard
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Duke Energy Indiana
  • Annual Fuel Expense: 360
  • Annual Maintenance Expense: 600
  • Annual Trash Expense: 3000
  • Annual Water Sewer Expense: 1800
  • Number Electric Meters: 5
  • Number Water Meters: 1

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • School District: Wabash City Schools
  • Elementary School: OJ Neighbors
  • Middle School: Wabash
  • High School: Wabash
  • Elementary School: OJ Neighbors

Lot Info

  • Lot Description: Corner
  • Lot Dimensions: 67 X 132
  • Estimated Lot Sq Ft: 8712
  • Estimated Lot Size Acres: 0.2

Rental Info

  • Owner Pays: Lawn Maintenance, Sewer, Tax, Trash Collection, Water
  • Tenant Pays: Cable, Cooling, Heating

Multi Family

  • Gross Monthly Rent: 325
  • Number Of Refrigerators: 4
  • Number Of Units: 4
  • Num Of1 Bedrooms: 4
  • Num Of Units Rented: 4

Tax Info

  • Annual Property Tax: 1794

MLS Schools

  • High School: Wabash
  • Middle School: Wabash
  • School District: Wabash City Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2015
Closed on
Nov 20, 2015
Sold by
Windsor Robert William
Bought by
Cahal Llc
Seller's Agent
Katy Stewart
Terrell Realty Group, LLC
Buyer's Agent
Katy Stewart
Terrell Realty Group, LLC
List Price
$48,500
Sold Price
$16,000
Premium/Discount to List
-$32,500
-67.01%
Current Estimated Value
$146,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,333
Avg. Annual Appreciation
24.94%
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
Cahal Llc -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2015 11/20/15 Sold $16,000 -67.0% $6 / Sq Ft
11/16/2015 11/16/15 Pending -- -- --
01/03/2015 01/03/15 For Sale $48,500 -- $18 / 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 $2,390 $119,500 $13,200 $106,300
2023 $2,316 $115,800 $13,200 $102,600
2022 $2,072 $103,600 $9,200 $94,400
2021 $1,882 $94,100 $9,200 $84,900
2020 $1,852 $92,600 $9,200 $83,400
2019 $1,806 $90,300 $9,200 $81,100
2018 $1,742 $87,100 $9,200 $77,900
2017 $1,752 $86,400 $9,200 $77,200
2016 $1,764 $87,000 $9,200 $77,800
2014 $1,681 $88,100 $9,200 $78,900
2013 $1,770 $88,500 $9,200 $79,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201500192

Indiana Regional MLS

APN: 85-14-40-402-057.000-009