3390 S Bailey Rd Wabash, IN 46992
3
Beds
2
Baths
1,424
Sq Ft
3.1
Acres
Highlights
- Vaulted Ceiling
- Solid Surface Countertops
- Eat-In Kitchen
- Ranch Style House
- 2 Car Attached Garage
- Covered Deck
About This Home
As of November 2024Welcome home to this peaceful country property! This 3.1 acre park like setting has a 1424 sq ft brick ranch home and a 50x80 insulated pole barn with a 24x80 lean to with 7 overhead garage doors along the back side. You can sit out front or on your back deck and watch the abundance of wildlife stroll through. This 3 bedroom, 2 bath home has a newer metal roof, windows, and kitchen appliances. All appliances including the washer and dryer remain with the home. The main bathroom has been completely remodeled including a walk in tile shower. The well was serviced in September 2023 and a new pressure tank was installed. The septic was pumped in September 2023. The pole barn is spray foam insulated and is lined with steel siding. It has separate office space, is plumbed for a bathroom, and has a paint bay with LED lighting and ventilation. There is a separate 220 amp service. A large stone lot on the back side of the barn is surrounded with a 6' vinyl privacy fence. It is an auto enthusiasts dream! This property has so much to offer. Do not wait to schedule your showing! Home inspections are welcome, but this property is being sold as-is.
Last Agent to Sell the Property
Hoosier Real Estate Group Brokerage Phone: 260-356-5505 Listed on: 08/24/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,976
Year Built
- Built in 1964
Lot Details
- 3.1 Acre Lot
- Lot Dimensions are 500x275
- Rural Setting
- Privacy Fence
- Vinyl Fence
- Level Lot
Parking
- 2 Car Attached Garage
- Garage Door Opener
- Driveway
- Off-Street Parking
Home Design
- Ranch Style House
- Brick Exterior Construction
- Metal Roof
Interior Spaces
- 1,424 Sq Ft Home
- Vaulted Ceiling
- Ceiling Fan
- Living Room with Fireplace
- Crawl Space
- Pull Down Stairs to Attic
Kitchen
- Eat-In Kitchen
- Electric Oven or Range
- Solid Surface Countertops
Flooring
- Carpet
- Laminate
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
- Separate Shower
Laundry
- Laundry on main level
- Washer and Electric Dryer Hookup
Outdoor Features
- Covered Deck
Schools
- Southwood Elementary And Middle School
- Southwood High School
Utilities
- Central Air
- Radiant Ceiling
- Private Company Owned Well
- Well
- Septic System
Listing and Financial Details
- Assessor Parcel Number 85-14-24-200-004.000-007
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 10, 2025
Sold by
Rheinheimer Michael T
Bought by
Michael T Rheinheimer Revocable Trust and Rheinheimer
Current Estimated Value
Purchase Details
Listed on
Aug 24, 2024
Closed on
Nov 14, 2024
Sold by
Denton Deborah M and Denton Brandy J
Bought by
Rheinheimer Michael T
Seller's Agent
Erin Toll
Hoosier Real Estate Group
Buyer's Agent
John Lundquist
Lundquist Appraisals & Real Estate
List Price
$374,900
Sold Price
$364,900
Premium/Discount to List
-$10,000
-2.67%
Views
18
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.91%
Purchase Details
Listed on
Mar 14, 2016
Closed on
Jun 6, 2016
Sold by
Kroft Tyler D and Kroft Laura A
Bought by
Denton Ronald M and Denton Deborah M
List Price
$189,000
Sold Price
$166,000
Premium/Discount to List
-$23,000
-12.17%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.77%
Purchase Details
Listed on
Jul 26, 2013
Closed on
Aug 12, 2013
Sold by
Mowery Rex Eugene and Mowery Viola June
Bought by
Kroft Tyler D and Kroft Laura A
Seller's Agent
Pam Simons
Terrell Realty Group, LLC
Buyer's Agent
Pam Simons
Terrell Realty Group, LLC
List Price
$166,000
Sold Price
$157,500
Premium/Discount to List
-$8,500
-5.12%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.88%
Original Mortgage
$138,600
Interest Rate
4.49%
Mortgage Type
New Conventional
Similar Homes in Wabash, IN
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Listed On Document | |
| Warranty Deed | $364,900 | None Listed On Document | |
| Warranty Deed | -- | None Available | |
| Deed | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $138,600 | New Conventional | |
| Previous Owner | $115,000 | Future Advance Clause Open End Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/14/2024 11/14/24 | Sold | $364,900 | -2.7% | $256 / Sq Ft |
| 11/03/2024 11/03/24 | Pending | -- | -- | -- |
| 08/24/2024 08/24/24 | For Sale | $374,900 | +125.8% | $263 / Sq Ft |
| 06/06/2016 06/06/16 | Sold | $166,000 | -12.2% | $108 / Sq Ft |
| 05/07/2016 05/07/16 | Pending | -- | -- | -- |
| 03/14/2016 03/14/16 | For Sale | $189,000 | +20.0% | $122 / Sq Ft |
| 08/12/2013 08/12/13 | Sold | $157,500 | -5.1% | $111 / Sq Ft |
| 07/26/2013 07/26/13 | For Sale | $166,000 | -- | $117 / Sq Ft |
Source: Indiana Regional MLS
Tax History Compared to Growth
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 | $1,680 | $252,900 | $33,200 | $219,700 |
| 2023 | $1,952 | $249,000 | $33,200 | $215,800 |
| 2022 | $1,578 | $236,800 | $33,200 | $203,600 |
| 2021 | $1,300 | $194,000 | $27,900 | $166,100 |
| 2020 | $1,252 | $186,500 | $27,900 | $158,600 |
| 2019 | $1,165 | $181,100 | $27,900 | $153,200 |
| 2018 | $1,134 | $178,300 | $27,900 | $150,400 |
| 2017 | $1,063 | $175,400 | $27,900 | $147,500 |
| 2016 | $425 | $134,200 | $27,900 | $106,300 |
| 2014 | $355 | $130,000 | $27,900 | $102,100 |
| 2013 | $297 | $124,800 | $27,900 | $96,900 |
Source: Public Records
Agents Affiliated with this Home
-
E
Seller's Agent in 2024
Erin Toll
Hoosier Real Estate Group
95 Total Sales
-
Buyer's Agent in 2024
John Lundquist
Lundquist Appraisals & Real Estate
(260) 571-6141
228 Total Sales
-
P
Seller's Agent in 2013
Pam Simons
Terrell Realty Group, LLC
Map
Source: Indiana Regional MLS
MLS Number: 202432513
APN: 85-14-24-200-004.000-007
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