NOT LISTED FOR SALE

3402 E 500 S Wabash, IN 46992

Estimated Value: $308,000 - $486,000

5 Beds
3 Baths
2,992 Sq Ft
$126/Sq Ft Est. Value

Last Sold June 18, 2020

Last sale price $265,000 $89 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $2,112/month

52 Days on Market

Highlights

  • Wood Flooring
  • Formal Dining Room
  • Built-in Bookshelves
  • Covered Patio or Porch
  • 3 Car Detached Garage
  • Double Vanity

About This Home

As of June 2020

Great old farm home with tons of updates. See attached sellers list for details. Including 16 new window sash's to replace a couple cracked windows & those that have lost seals. These windows will have a lifetime warranty, to be installed as soon as they arrive end May or first of June. Beautiful original woodwork with built ins located in kitchen and dining room. Home features 5 bedrooms and 3 full baths, including the whole 3rd floor as the master suite w/private bath and its own heat & air. Cute country kitchen w/concrete counters. Den/sewing room on the main level could be a 6th bedroom. Kids get there own floor with 4 bedrooms and a new full bath. Home was completely rewired and all walls spray foam insulated. All new plumbing with all 3 baths and kitchen all new. Metal roof fall 2019. Back portion of home was completely torn off with all new foundation and complete rebuild. Electric Furnace and wood boiler heat. A 40x64 Pole barn built in 2015 features a finished Rec room with bar, a workshop area and the garage/storage area. Boiler heat is to the pole barn, but not finished.

Last Agent to Sell the Property

Lori Siders

Siders Premiere Properties, LLC Listed on: 04/20/2020

Last Buyer's Agent

Cindy Korporal

RE/MAX Realty One

RE/MAX Realty One

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,085

Year Built

  • Built in 1920

Lot Details

  • 2.62 Acre Lot
  • Rural Setting
  • Level Lot

Parking

  • 3 Car Detached Garage
  • Garage Door Opener

Home Design

  • Metal Roof
  • Vinyl Construction Material

Interior Spaces

  • 3-Story Property
  • Built-in Bookshelves
  • Ceiling Fan
  • Formal Dining Room

Kitchen

  • Electric Oven or Range
  • Concrete Kitchen Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Double Vanity
  • Bathtub with Shower
  • Separate Shower

Laundry

  • Laundry on main level
  • Washer and Electric Dryer Hookup

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Outdoor Features

  • Covered Patio or Porch

Schools

  • Southwood Elementary And Middle School
  • Southwood High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Wood
  • Private Company Owned Well
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 85-15-27-300-008.000-003

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,085

Year Built

Built in 1920

Lot Details

2.62 Acres

Parking

3

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1920
  • Style: Three Story
  • Bedrooms: 5
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: PT SW 1/4 27-27-7 2.62AC Ditch 625
  • Parcel Number ID: 85-15-27-300-008.000-003
  • Platted: Yes
  • Amenities: Built-In Bookcase, Ceiling Fan(s), Countertops-Concrete, Dryer Hook Up Electric, Garage Door Opener, Porch Covered, Range/Oven Hook Up Elec, Twin Sink Vanity, Stand Up Shower, Tub/Shower Combination, Formal Dining Room, Main Floor Laundry, Sump Pump, Washer Hook-Up
  • Location: Rural
  • Special Features: None
  • Stories: 3

Interior Features

  • Total Sq Ft: 3952
  • Total Finished Sq Ft: 2992
  • Above Grade Finished Sq Ft: 2992
  • Below Grade Sq Ft: 960
  • Basement: Yes
  • Basement Foundation: Full Basement, Unfinished
  • Flooring: Carpet, Hardwood Floors, Tile
  • Living Great Room: Dimensions: 15x18, On Level: Main
  • Kitchen: Dimensions: 14x11, On Level: Main
  • Dining Room: Dimensions: 13x15, On Level: Main
  • Family Room: Dimensions: 12x14, On Level: Main
  • Den: Dimensions: 10x8, On Level: Main
  • Bedroom 1: Dimensions: 19x14, On Level: Upper
  • Bedroom 2: Dimensions: 11x12, On Level: Upper
  • Bedroom 3: Dimensions: 11x12, On Level: Upper
  • Bedroom 4: Dimensions: 14x12, On Level: Upper
  • Bedroom 5: Dimensions: 14x12, On Level: Upper
  • Main Level Sq Ft: 1232
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 960

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Metal
  • Outbuilding1: None

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 3
  • Garage Size: Dimensions: 40x64
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Electric, Wood, Forced Air, Other Heating System
  • Sewer: Septic
  • Water Utilities: Well
  • Laundry: Dimensions: Mainx13, On Level: 8
  • Well Type: Private

Schools

  • Elementary School: Southwood

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 2.62
  • Estimated Lot Sq Ft: 114127
  • Estimated Lot Size Acres: 2.62

Tax Info

  • Annual Taxes: 1084.82
  • Exemptions: Homestead, Mortgage

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
Apr 20, 2020
Closed on
Jun 18, 2020
Sold by
Dennison Michael D and Dennison Terri L
Bought by
Hovermale Adam W and Hovermale Rachel
Seller's Agent
Lori Siders
Siders Premiere Properties, LLC
Buyer's Agent
Cindy Korporal
RE/MAX Realty One
List Price
$269,900
Sold Price
$265,000
Premium/Discount to List
-$4,900
-1.82%
Current Estimated Value
$378,230

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,230
Avg. Annual Appreciation
6.39%
Original Mortgage
$265,000
Outstanding Balance
$233,339
Interest Rate
3.2%
Mortgage Type
VA
Estimated Equity
$144,891

Purchase Details

Closed on
Oct 20, 2015
Sold by
Dennison Michael D and Dennison Terri L
Bought by
Dennison Michael D and Dennison Terri L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 10, 2014
Closed on
Aug 29, 2014
Sold by
Fannie Mae
Bought by
Dennison Michael D and Temple Terri L
List Price
$91,000
Sold Price
$76,000
Premium/Discount to List
-$15,000
-16.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.99%
Original Mortgage
$78,000
Interest Rate
4.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 13, 2014
Sold by
Capital One Bank Na
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Apr 16, 2010
Sold by
Spence Sharon K
Bought by
Chain James and Chain Melissa

Purchase Details

Closed on
Sep 12, 2007
Sold by
Gardner Kathy L
Bought by
Spence Sharon K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,000
Interest Rate
6.71%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Hovermale Adam W $265,000 Wabash Valley Abstract, Inc
Dennison Michael D -- None Available
Dennison Michael D -- Statewide Title Co Inc
Federal National Mortgage Association $84,037 None Available
Chain James -- --
Spence Sharon K -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hovermale Adam W $265,000
Previous Owner Dennison Michael D $190,000
Previous Owner Dennison Michael D $78,000
Previous Owner Spence Sharon K $119,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/18/2020 06/18/20 Sold $265,000 -1.8% $89 / Sq Ft
06/11/2020 06/11/20 Pending -- -- --
05/13/2020 05/13/20 For Sale $269,900 0.0% $90 / Sq Ft
04/22/2020 04/22/20 Pending -- -- --
04/20/2020 04/20/20 For Sale $269,900 +255.1% $90 / Sq Ft
09/19/2014 09/19/14 Sold $76,000 -16.5% $36 / Sq Ft View Prior Sale
08/15/2014 08/15/14 Pending -- -- --
06/10/2014 06/10/14 For Sale $91,000 -- $43 / Sq Ft
Source: Indiana Regional MLS

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
2025 $1,731 $337,800 $25,100 $312,700
2024 $1,731 $291,700 $25,100 $266,600
2023 $1,876 $284,900 $25,100 $259,800
2022 $1,524 $266,700 $25,100 $241,600
2021 $1,486 $240,900 $22,100 $218,800
2020 $790 $167,600 $22,100 $145,500
2019 $1,085 $163,700 $22,100 $141,600
2018 $1,058 $161,000 $22,100 $138,900
2017 $1,065 $163,100 $23,100 $140,000
2016 $885 $159,300 $23,100 $136,200
2014 $366 $106,200 $23,100 $83,100
2013 $380 $104,900 $23,100 $81,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202013706

Indiana Regional MLS

APN: 85-15-27-300-008.000-003

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