NOT LISTED FOR SALE

318 W Main St Wabash, IN 46992

Estimated Value: $89,000 - $149,000

5 Beds
3 Baths
1,328 Sq Ft
$99/Sq Ft Est. Value

Last Sold November 20, 2015

Last sale price $18,000 $14 Per Sq Ft

Est. 627% increase in value since last sale

Current estimated payment $876/month

66 Days on Market

Highlights

  • Covered patio or porch
  • Forced Air Heating System
  • Wood Siding
  • 1 Car Detached Garage
  • Level Lot
  • 3-minute walk to Paradise Spring Historical Park & Riverwalk

About This Home

As of November 2015

Investment property! Good income for this triplex. There are two two-bedroom units and one one-bedroom unit. Central Air unit, garage, and shed. Live in one and rent the other two units. Motivated Seller. Estate. Make an offer today!

Last Listed By

Katy Stewart

Terrell Realty Group, LLC Listed on: 09/11/2015

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 6,316 Sq Ft Lot
  • Lot Dimensions are 48 x 132
  • Level Lot

Home Design

  • Triplex
  • Shingle Roof
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 1.5-Story Property
  • Partially Finished Basement
  • Crawl Space

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Parking

  • 1 Car Detached Garage
  • Off-Street Parking

Schools

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

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Cable TV Available

Additional Features

  • Covered patio or porch
  • Suburban Location

Listing and Financial Details

  • Homestead Exemption
  • Tenant pays for cable
  • The owner pays for cooling, electric, fuel, sewer, trash collection
  • Assessor Parcel Number 85-14-11-303-023.000-009

Community Details

Overview

  • 3 Units

Pet Policy

  • Pet Restriction

Building Details

  • Electric Expense $1,250
  • Fuel Expense $1,000
  • Maintenance Expense $300
  • Trash Expense $600
  • Water Sewer Expense $600

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1910
  • Age: 105
  • Style: One and Half Story
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 5
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: SIVEYS 2ND 3 |
  • Parcel Number ID: 85-14-11-303-023.000-009
  • Platted: Yes
  • Amenities: Off Street Parking, Cable Available, Deck Open, Porch Covered, Porch Open
  • Location: City/Town/Suburb
  • Sp Lp Percent: 75
  • Annual Miscellaneous: 200
  • Monthly Gross Income: 1020
  • Year Taxes Payable: 2014
  • Special Features: None

Interior Features

  • Total Sq Ft: 1595
  • Total Finished Sq Ft: 1328
  • Above Grade Finished Sq Ft: 1328
  • Below Grade Sq Ft: 267
  • Price Per Sq Ft: 13.55
  • Basement: Yes
  • Basement Foundation: Crawl, Partial Basement, Unfinished
  • Total Below Grade Sq Ft: 267

Exterior Features

  • Exterior: Wood
  • Roof Material: Asphalt, Shingle
  • Stories: 1.5

Garage/Parking

  • Number Of Parking Spaces: 3
  • Parking: Garage, Off Street

Utilities

  • Cooling: Wall AC
  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Duke Energy Indiana
  • Gas Company: NIPSCO
  • Water Company: Indiana American Water Co
  • Annual Electric: 1250
  • Annual Fuel Expense: 1000
  • Annual Maintenance Expense: 300
  • Annual Trash Expense: 600
  • Annual Water Sewer Expense: 600
  • Number Of W D Hookups: 2

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: Level
  • Lot Dimensions: 48 X 132
  • Estimated Lot Sq Ft: 6316
  • Estimated Lot Size Acres: 0.145

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Cooling, Electric, Fuel, Sewer, Trash Collection
  • Tenant Pays: Cable

Tax Info

  • Exemptions: Disabled, Homestead
  • Annual Property Tax: 563.74

Multi Family

  • Gross Monthly Rent: 1020
  • Number Of Units: 3
  • Num Of1 Bedrooms: 1
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 3

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
Sep 11, 2015
Closed on
Nov 20, 2015
Sold by
Windsor Robetr William
Bought by
Cahl Llc
Seller's Agent
Katy Stewart
Terrell Realty Group, LLC
Buyer's Agent
Katy Stewart
Terrell Realty Group, LLC
List Price
$24,000
Sold Price
$18,000
Premium/Discount to List
-$6,000
-25%
Total Days on Market
66
Current Estimated Value
$130,829

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,829

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
Cahl Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Windsor William Jay $32,500
Previous Owner Windsor William Jay $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2015 11/20/15 Sold $18,000 -25.0% $14 / Sq Ft
11/16/2015 11/16/15 Pending -- -- --
09/11/2015 09/11/15 For Sale $24,000 -- $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 $1,804 $90,200 $12,000 $78,200
2023 $1,747 $87,300 $12,000 $75,300
2022 $1,513 $75,600 $9,600 $66,000
2021 $1,409 $70,200 $9,600 $60,600
2020 $1,387 $69,100 $9,600 $59,500
2019 $1,295 $64,500 $9,600 $54,900
2018 $1,293 $64,400 $9,600 $54,800
2017 $1,351 $66,100 $9,600 $56,500
2016 $1,401 $68,600 $9,600 $59,000
2014 $564 $68,700 $9,600 $59,100
2013 $604 $67,400 $9,600 $57,800
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2015

    Katy Stewart

    Terrell Realty Group, LLC

See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 201543499

Indiana Regional MLS

APN: 85-14-11-303-023.000-009

Indiana Wabash County Wabash 46992

318 W Main St, Wabash, IN

Homes for Sale in Wabash, IN

This home is located at 318 W Main St, Wabash, IN 46992 since 11 September 2015 and is currently estimated at $130,829, approximately $98 per square foot. This property was built in 1910. 318 W Main St is a home located in Wabash County with nearby schools including O.J. Neighbours Elementary School, W C Mills Elementary School, and Wabash Middle School.

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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