NOT LISTED FOR SALE

370 W Market St Wabash, IN 46992

Estimated Value: $61,000

3 Beds
2 Baths
2,012 Sq Ft
$30/Sq Ft Est. Value

Last Sold May 16, 2014

Last sale price $12,500 $6 Per Sq Ft

Est. 388% increase in value since last sale

Current estimated payment $399/month

40 Days on Market

Highlights

  • Traditional Architecture
  • Laundry in Utility Room
  • Forced Air Heating System
  • Eat-In Kitchen
  • Shed
  • 1-minute walk to Paradise Spring Historical Park & Riverwalk

About This Home

As of May 2014

This auction will be held on Tues., April 8th at 5:30 PM with open houses on Sun. March 30 from 2-1 and again on Tues. Apr. 1 from 5-6. This property offers the investor a ready to go duplex rental or the beginner investor a place to live on one side and rent the other to make some extra money. The house is in reasonable condition and with some upgrades would make for a great return on your dollar. The property is located downtown area across the street from the Honeywell Center and walking distance to a great bowl of chili at Market Street Bar.

Last Listed By

Andy Eckert

Ness Bros. Realtors & Auctioneers Listed on: 02/28/2014

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1865

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 66x132
  • Sloped Lot

Home Design

  • Duplex
  • Traditional Architecture

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Laundry in Utility Room

Kitchen

  • Eat-In Kitchen
  • Laminate Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Partially Finished Basement

  • Stone or Rock in Basement
  • Basement Cellar
  • 1 Bathroom in Basement

Parking

  • 2 Parking Spaces
  • On-Street Parking
  • Off-Street Parking

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Additional Features

  • Shed
  • Suburban Location

Listing and Financial Details

  • Homestead Exemption
  • Tenant pays for electric
  • The owner pays for fuel, sewer, water
  • Assessor Parcel Number 85-14-40-404-036.000-009

Community Details

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $300
  • Fuel Expense $400
  • Insurance Expense $450
  • Water Sewer Expense $500

Additional Features

  • 2 Units
  • Community Storage Space

Property Details

Home Type

Multi-Family

Year Built

Built in 1865

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1865
  • Age: 149
  • Style: Two Story
  • Architectural Style: Traditional
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: E & H S 1/2 Lot 76 |
  • Parcel Number ID: 85-14-40-404-036.000-009
  • Platted: Yes
  • Amenities: Basement, Ceiling Fan, Off Street Parking, Storage, Countertops-Laminate, Eat-In Kitchen, Water Heater Gas
  • Location: City/Town/Suburb
  • Section Number: 21
  • Sp Lp Percent: 100
  • Year Taxes Payable: 2013
  • Special Features: Auction

Interior Features

  • Total Sq Ft: 2290
  • Total Finished Sq Ft: 2012
  • Above Grade Finished Sq Ft: 2012
  • Below Grade Sq Ft: 278
  • Price Per Sq Ft: 6.21
  • Basement Foundation: Cellar, Partial Basement
  • Basement Material: Stone
  • Flooring: Mixed
  • Number Below Grade Bathrooms: 1
  • Total Below Grade Sq Ft: 278
  • Number Of Ranges Ovens: 2
  • Number Ttl Rooms Below Grade: 1

Exterior Features

  • Exterior: Aluminum
  • Stories: 2
  • Outbuilding: Shed
  • Outbuilding Sq Ft: 80

Garage/Parking

  • Number Of Parking Spaces: 2
  • Parking: Off Street, Street

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Electric: 300
  • Annual Fuel Expense: 400
  • Annual Insurance Expense: 450
  • Annual Water Sewer Expense: 500
  • Number Electric Meters: 2
  • Number Gas Meters: 1
  • Number Of W D Hookups: 1
  • Number Water Meters: 1

Schools

  • School District: Wabash City Schools

Lot Info

  • Lot Description: Slope
  • Lot Dimensions: 66x132
  • Estimated Lot Sq Ft: 7405
  • Estimated Lot Size Acres: 0.17
  • Lot Number: 76

Rental Info

  • Owner Pays: Fuel, Sewer, Water
  • Tenant Pays: Electric

Tax Info

  • Exemptions: Homestead
  • Annual Property Tax: 580

Multi Family

  • Number Of Refrigerators: 1
  • Number Of Units: 2
  • Num Of1 Bedrooms: 1
  • Num Of2 Bedrooms: 1

MLS Schools

  • School District: Wabash City Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 14, 2015
Sold by
Clark Ida Nadine
Bought by
The Honeywell Foundation Inc
Total Days on Market
40
Current Estimated Value
$61,000

Purchase Details

Listed on
Feb 28, 2014
Closed on
Apr 18, 2014
Sold by
Collins Billy Ray and Collins Mary Sue
Bought by
Clark Ida Nadine
Seller's Agent
Andy Eckert
Ness Bros. Realtors & Auctioneers
Buyer's Agent
Andy Eckert
Ness Bros. Realtors & Auctioneers
List Price
$12,500
Sold Price
$12,500

Range of Values:

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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
The Honeywell Foundation Inc -- None Available
Clark Ida Nadine -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2014 05/16/14 Sold $12,500 0.0% $6 / Sq Ft
04/09/2014 04/09/14 Pending -- -- --
02/28/2014 02/28/14 For Sale $12,500 -- $6 / 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 -- $8,300 $8,300 $0
2023 -- $8,300 $8,300 $0
2022 $0 $6,600 $6,600 $0
2021 $1,436 $6,600 $6,600 $0
2020 $1,436 $6,600 $6,600 $0
2019 $1,436 $6,600 $6,600 $0
2018 $0 $6,600 $6,600 $0
2017 $0 $6,600 $6,600 $0
2016 $1,436 $73,300 $6,600 $66,700
2014 $1,385 $72,600 $6,600 $66,000
2013 $1,422 $71,100 $6,600 $64,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201404968

Indiana Regional MLS

APN: 85-14-40-404-036.000-009