NOT LISTED FOR SALE

4055 S Bailey Rd Wabash, IN 46992

Estimated Value: $133,000 - $282,000

3 Beds
1 Bath
1,704 Sq Ft
$131/Sq Ft Est. Value

Last Sold September 30, 2020

Last sale price $90,000 $53 Per Sq Ft

Est. 148% increase in value since last sale

Current estimated payment $1,375/month

Highlights

  • Partially Wooded Lot
  • Split Rail Fence
  • Carpet
  • Forced Air Heating and Cooling System
  • Lot Has A Rolling Slope

About This Home

As of September 2020

Older 3 bedroom farm house and barn on 8.53 acres needs work but in great location close to town and close to southwood high school property was a private sale broker handled paperwork for both parties.

Last Agent to Sell the Property

John Lundquist

Lundquist Appraisals & Real Estate Listed on: 09/29/2020

Last Buyer's Agent

John Lundquist

Lundquist Appraisals & Real Estate Listed on: 09/29/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $424

Year Built

  • Built in 1920

Lot Details

  • 8.53 Acre Lot
  • Rural Setting
  • Split Rail Fence
  • Property is Fully Fenced
  • Lot Has A Rolling Slope
  • Partially Wooded Lot

Parking

  • Off-Street Parking

Home Design

  • Shingle Roof
  • Asphalt Roof
  • Shingle Siding

Interior Spaces

  • 1.5-Story Property

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Partially Finished Basement

  • Stone or Rock in Basement
  • Crawl Space

Schools

  • Southwood Elementary And Middle School
  • Southwood High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 85-14-25-200-019.000-007

Home Details

Home Type

Single Family

Est. Annual Taxes

$424

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1920
  • Style: One and Half Story
  • Bedrooms: 3
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: PT E 1/2 NE1/4 25-27-6
  • Parcel Number ID: 85-14-25-200-019.000-007
  • Platted: Yes
  • Location: Rural, Within 1 Mile to Airport
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1899
  • Total Finished Sq Ft: 1704
  • Above Grade Finished Sq Ft: 1704
  • Below Grade Sq Ft: 195
  • Basement: Yes
  • Basement Foundation: Crawl, Partial Basement
  • Basement Material: Stone
  • Flooring: Carpet, Vinyl
  • Living Great Room: On Level: Main
  • Kitchen: On Level: Main
  • Dining Room: On Level: Main
  • Bedroom 1: On Level: Main
  • Bedroom 2: On Level: Upper
  • Bedroom 3: On Level: Upper
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 195

Exterior Features

  • Exterior: Aluminum, Shingle
  • Roof Material: Asphalt, Shingle
  • Outbuilding1: Barn, Dimensions: 40x60, 2400
  • Fence: Full, Split-Rail

Garage/Parking

  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Propane, Forced Air
  • Sewer: Septic
  • Water Utilities: Well
  • Well Type: Private

Schools

  • Elementary School: Southwood

Lot Info

  • Lot Description: Partially Wooded, Rolling
  • Lot Dimensions: 0 x 0
  • Estimated Lot Sq Ft: 371567
  • Estimated Lot Size Acres: 8.53

Tax Info

  • Annual Taxes: 424.22
  • 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
Sep 29, 2020
Closed on
Sep 30, 2020
Sold by
Clark Todd A
Bought by
Melton Shawn
Seller's Agent
John Lundquist
Lundquist Appraisals & Real Estate
Buyer's Agent
John Lundquist
Lundquist Appraisals & Real Estate
List Price
$90,000
Sold Price
$90,000
Current Estimated Value
$223,521

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,521
Avg. Annual Appreciation
19.16%

Purchase Details

Closed on
Nov 14, 2012
Sold by
Plummer Alfred H
Bought by
Clark Todd
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Melton Shawn $90,000 Wabash Valley Abstract, Inc
Clark Todd -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2020 09/30/20 Sold $90,000 0.0% $53 / Sq Ft
09/29/2020 09/29/20 Pending -- -- --
09/29/2020 09/29/20 For Sale $90,000 -- $53 / 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 $2,385 $171,900 $31,000 $140,900
2023 $2,282 $167,000 $29,500 $137,500
2022 $1,610 $152,900 $27,900 $125,000
2021 $1,207 $102,600 $23,700 $78,900
2020 $411 $97,400 $23,600 $73,800
2019 $400 $97,500 $24,700 $72,800
2018 $387 $95,100 $25,000 $70,100
2017 $385 $94,300 $25,900 $68,400
2016 $329 $93,400 $26,300 $67,100
2014 $265 $89,500 $27,000 $62,500
2013 $245 $85,500 $25,800 $59,700
Source: Public Records

Agents Affiliated with this Home

  • John Lundquist

    Seller's Agent in 2020

    John Lundquist

    Lundquist Appraisals & Real Estate

    (260) 571-6141

    224 Total Sales

    John Lundquist
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202039476

Indiana Regional MLS

APN: 85-14-25-200-019.000-007

Indiana Wabash County Wabash 46992

4055 S Bailey Rd, Wabash, IN

Not Listed for Sale

Detached

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