NOT LISTED FOR SALE

3564 S State Road 15 Wabash, IN 46992

Estimated Value: $168,000 - $271,000

8.64 Acres
$26,554 Price per Acre
376,533 Sq Ft Lot

Last Sold April 06, 2018

Last sale price $65,000 $36 Per Sq Ft

Est. 253% increase in value since last sale

Current estimated payment $1,324/month

57 Days on Market

About This Lot

As of April 2018

Great Development Potential or build you new home at the edge of town on nearly 9 acres. Located across from Builders Mart on St Rd 15. The site is 8.644 ac with city sewer and water available at the street. Paved drive, natural gas, 5' well and 400 amp electric already on the site. Also includes two buildings. One is 28.5' x 80.5' prior greenhouse bldg and a 32' x 50' older pole building. About 6 acres currently in cropland.

Last Agent to Sell the Property

Tisha Strickler

Lundquist Appraisals & Real Estate Listed on: 12/07/2017

Co-Listed By

Robert Lundquist

Lundquist Appraisals & Real Estate

Last Buyer's Agent

John Lundquist

Lundquist Appraisals & Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $217

Lot Details

  • 8.64 Acre Lot
  • Property fronts a state road
  • Finished Lot(s)
  • Subdivision Possible
  • Zoning described as single family residential

Parking

  • Private Parking
  • Driveway
  • Paved Parking
  • Parking Lot

Schools

  • Southwood Elementary And Middle School
  • Southwood High School

Farming

  • 1 Acre of Pasture
  • Agricultural

Utilities

  • Heating System Uses Gas
  • Private Company Owned Well
  • Well

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 85-14-23-104-006.000-008

Property Details

Property Type

Land

Est. Annual Taxes

$217

Lot Details

0

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Residential Land
  • Legal Description: Pt N1/2 NE1/4 SW1/4 23-27-6 8.644 ac |
  • Parcel Number ID: 85-14-23-104-006.000-008
  • Platted: Yes
  • Cross Street: Co Rd 400 S
  • Inside City Limits: Yes
  • Location: City
  • Road Access: State
  • Road Surface: Asphalt
  • Sp Lp Percent: 81.35
  • Zoning Description: single family residential
  • Parcel Description: Level, Cable Available
  • Road Frontage Description: 56' of frontage on St Rd
  • Type of Sale: Traditional
  • Can Be Subdivided: Yes
  • Options: Sell Entirely
  • Side Of Road: West
  • Structure Bldg Imprvmnts: Yes
  • Type Use: Agriculture, Commercial, Multi-Family, Office, Residential
  • Year Taxes Payable: 2017
  • Special Features: None

Exterior Features

  • Road Frontage: State

Garage/Parking

  • Parking: Lot, Paved, Private

Utilities

  • Water Utilities: Available, City, Well
  • Electric Company: Duke Energy Indiana
  • Gas Company: NIPSCO
  • Water Company: Indiana American Water Co
  • Cable Company: Cinergy MetroNet, Comcast
  • Well Type: Private
  • Electricity Type: Available
  • Fuel Type: Electric, Gas
  • Sewer Type: Available, City

Schools

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

Lot Info

  • Lot Dimensions: see attached survey
  • Estimated Lot Sq Ft: 377665
  • Estimated Lot Size Acres: 8.644
  • Number Pasture Acres: 1
  • Numbertillable Acres: 6
  • Numberwooded Acres: 0.5
  • Improvements: Underground Service

Tax Info

  • Annual Taxes: 216.85
  • 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

Closed on
Jun 14, 2018
Sold by
Pilgrim Sandra S
Bought by
Pilgrim Sandra Sue and Sandra Sue Pilgrim Revocable Living Trus
Current Estimated Value
$229,535

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 7, 2017
Closed on
Apr 6, 2018
Sold by
Pilgrim Sandra S
Bought by
Schuler Nathan T
Seller's Agent
Tisha Strickler
Lundquist Appraisals & Real Estate
Buyer's Agent
John Lundquist
Lundquist Appraisals & Real Estate
List Price
$79,900
Sold Price
$65,000
Premium/Discount to List
-$14,900
-18.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.21%
Original Mortgage
$52,000
Interest Rate
4.4%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Dec 11, 2017
Sold by
Pilgram Michael B
Bought by
Pilgram Sandra S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
3.99%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Pilgrim Sandra Sue -- None Available
Schuler Nathan T $65,000 --
Schuler Nathan T -- None Available
Pilgram Sandra S -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pilgrim Sandra Sue $45,000
Closed Schuler Nathan T $52,000
Previous Owner Pilgram Sandra S $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/06/2018 04/06/18 Sold $65,000 -18.6% $36 / Sq Ft
02/02/2018 02/02/18 Pending -- -- --
12/07/2017 12/07/17 For Sale $79,900 -- $44 / 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 $1,279 $175,900 $18,300 $157,600
2023 $1,254 $175,800 $18,300 $157,500
2022 $1,230 $162,300 $18,300 $144,000
2021 $1,206 $144,100 $16,900 $127,200
2020 $1,182 $141,700 $16,900 $124,800
2019 $1,159 $140,500 $16,900 $123,600
2018 $1,785 $153,400 $31,800 $121,600
2017 $1,721 $150,100 $33,800 $116,300
2016 $1,321 $148,800 $34,700 $114,100
2014 $1,256 $146,200 $35,400 $110,800
2013 $1,047 $141,400 $33,000 $108,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201754149

Indiana Regional MLS

APN: 85-14-23-104-006.000-008