Seller's Agent in 2024
Jordan Wildman
eXp Realty, LLC
(260) 498-0384
14 in this area
260 Total Sales
40-42 W Maple St Wabash, IN 46992
Estimated Value: $124,000 - $182,000
5
Beds
3
Baths
2,402
Sq Ft
$67/Sq Ft
Est. Value
Highlights
- Laundry in Utility Room
- Forced Air Heating System
- Level Lot
About This Home
As of November 2024Investors seeking immediate rental income, look no further! This well-maintained triplex in Wabash, Indiana boasts three fully occupied units with extensive tenancy. Two spacious two-bedroom units and a comfortable one-bedroom unit cater to various tenant needs. All units come equipped with a refrigerator, oven, and access to washer and dryer facilities. The on-site garage provides ample storage for the owner. The building has 2 gas and 2 electric meters with the owner currently covering all utilities and lawncare Future rent adjustments and utility RUBS offer further income potential. This turnkey investment boasts established tenants and excellent income – a perfect addition to any investor's portfolio. The property is sold as-is.
Last Agent to Sell the Property
eXp Realty, LLC Brokerage Phone: 260-498-0384 Listed on: 05/30/2024
Last Buyer's Agent
eXp Realty, LLC Brokerage Phone: 260-498-0384 Listed on: 05/30/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,382
Year Built
- Built in 1949
Lot Details
- 8,712 Sq Ft Lot
- Lot Dimensions are 66x132
- Level Lot
Parking
- 3 Parking Spaces
Home Design
- Triplex
- Vinyl Construction Material
Interior Spaces
- 2-Story Property
- Partially Finished Basement
- Crawl Space
- Laundry in Utility Room
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Full Bathrooms
Schools
- Oj Neighbors Elementary School
- Wabash Middle School
- Wabash High School
Utilities
- Forced Air Heating System
Listing and Financial Details
- Tenant pays for cable, snow removal, deposit value
- The owner pays for building insurance, cooling, electric, fuel, heating, lawn maintenance, maintenance, sewer, tax, trash collection, water
- Assessor Parcel Number 85-14-11-302-068.000-009
Community Details
Overview
- 3 Units
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Fuel Expense $6,906
- Insurance Expense $1,168
- Maintenance Expense $900
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 30, 2024
Closed on
Nov 1, 2024
Sold by
Wabash Residences Llc
Bought by
Solberg Vanessa and Solberg Brent
Seller's Agent
Jordan Wildman
eXp Realty, LLC
Buyer's Agent
Jordan Wildman
eXp Realty, LLC
List Price
$179,900
Sold Price
$149,000
Premium/Discount to List
-$30,900
-17.18%
Views
42
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,709
Avg. Annual Appreciation
7.19%
Original Mortgage
$111,750
Outstanding Balance
$110,638
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$50,071
Purchase Details
Closed on
Oct 17, 2018
Sold by
Abundant Life Investments Llc
Bought by
Abundant Life Properties Llc
Purchase Details
Closed on
Oct 18, 2010
Sold by
Howard Jesse L
Bought by
Meagher Robert B and Meagher Marylou
Purchase Details
Closed on
Jun 10, 2010
Sold by
Meagher Marylou
Bought by
Abundant Life Investments Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
4.26%
Mortgage Type
Future Advance Clause Open End Mortgage
Create a Home Valuation Report for This Property
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Solberg Vanessa | -- | Centurion Land Title | |
| Abundant Life Properties Llc | -- | None Available | |
| Meagher Robert B | -- | -- | |
| Abundant Life Investments Llc | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Solberg Vanessa | $111,750 | |
| Previous Owner | Abundant Life Investments Llc | $30,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/04/2024 11/04/24 | Sold | $149,000 | -9.6% | $62 / Sq Ft |
| 11/01/2024 11/01/24 | Pending | -- | -- | -- |
| 08/08/2024 08/08/24 | Price Changed | $164,900 | -5.7% | $69 / Sq Ft |
| 06/18/2024 06/18/24 | Price Changed | $174,900 | -2.8% | $73 / Sq Ft |
| 06/01/2024 06/01/24 | For Sale | $179,900 | -- | $75 / 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 | $1,422 | $71,100 | $16,500 | $54,600 |
| 2023 | $1,382 | $69,100 | $16,500 | $52,600 |
| 2022 | $1,188 | $59,400 | $13,200 | $46,200 |
| 2021 | $1,106 | $55,300 | $13,200 | $42,100 |
| 2020 | $1,090 | $54,500 | $13,200 | $41,300 |
| 2019 | $1,026 | $51,300 | $13,200 | $38,100 |
| 2018 | $1,026 | $51,300 | $13,200 | $38,100 |
| 2017 | $1,072 | $52,400 | $13,200 | $39,200 |
| 2016 | $1,084 | $53,000 | $13,200 | $39,800 |
| 2014 | $1,017 | $53,300 | $13,200 | $40,100 |
| 2013 | $1,048 | $52,400 | $13,200 | $39,200 |
Source: Public Records
Agents Affiliated with this Home
-
Jordan Wildman
Map
Source: Indiana Regional MLS
MLS Number: 202419477
APN: 85-14-11-302-068.000-009
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