NOT LISTED FOR SALE

428 Michigan St Wabash, IN 46992

Estimated Value: $106,000 - $155,000

2 Beds
1 Bath
1,396 Sq Ft
$92/Sq Ft Est. Value

Last Sold April 29, 2022

Last sale price $85,000 $61 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $764/month

28 Days on Market

Highlights

  • Open Floorplan
  • Backs to Open Ground
  • Corner Lot
  • Ranch Style House
  • Wood Flooring
  • 2 Car Detached Garage

About This Home

As of April 2022

Located on the corner of Michigan St and Inez St on a large double lot. 2 bedrooms and 1 full bath. Large living room with a brick fireplace containing a woodstove insert which is also open to the kitchen. Updated kitchen with stainless appliances that can be included. Main level laundry with washer & dryer that can be included. Large family room that has been opened up to kitchen but the doorway opening not finished. There is a stairway to the unfinished attic that could possibly be finished into another bedroom. 12' x 19' enclosed rear porch that has been partially finished but not completed. Newer metal roof around 4 years old. Cedar siding that could use restrained. Some windows have been replaced in the past few years. 24' x 32' detached garage with newer garage door. Small storage shed can also remain. Partially privacy fenced rear yard. Being sold "As Is". Won't qualify for USDA, FHA or VA financing.

Last Agent to Sell the Property

Robert Lundquist

Lundquist Appraisals & Real Estate Listed on: 03/22/2022

Last Buyer's Agent

E Marie Lloyd

Metz Phillipy Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $736

Year Built

  • Built in 1900

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 100 x 140
  • Backs to Open Ground
  • Privacy Fence
  • Wood Fence
  • Corner Lot

Parking

  • 2 Car Detached Garage
  • Stone Driveway
  • Off-Street Parking

Home Design

  • Ranch Style House
  • Slab Foundation
  • Metal Roof
  • Cedar

Interior Spaces

  • Open Floorplan
  • Ceiling Fan
  • Wood Burning Fireplace
  • Self Contained Fireplace Unit Or Insert
  • Double Pane Windows
  • Entrance Foyer
  • Living Room with Fireplace

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry on main level
  • Electric Dryer Hookup

Partially Finished Basement

  • Block Basement Construction
  • Stone or Rock in Basement
  • Crawl Space

Schools

  • Oj Neighbors Elementary School
  • Wabash Middle School
  • Wabash High School

Utilities

  • Forced Air Heating and Cooling System
  • Baseboard Heating
  • Heating System Uses Gas

Additional Features

  • Enclosed Patio or Porch
  • Suburban Location

Community Details

  • Board Of Trade Subdivision

Listing and Financial Details

  • Assessor Parcel Number 85-14-02-404-056.000-009

Home Details

Home Type

Single Family

Est. Annual Taxes

$736

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1900
  • Age: 122
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 6
  • Total Number of Rooms Below Grade: 1
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: Board of Trade Lots 121 & 122
  • Parcel Number ID: 85-14-02-404-056.000-009
  • Platted: Yes
  • Amenities: Ceiling Fan(s), Dryer Hook Up Electric, Foyer Entry, Open Floor Plan, Porch Enclosed, Porch Open, Tub/Shower Combination, Main Floor Laundry
  • Cross Street: Inez St
  • Location: City/Town/Suburb
  • Road Access: City
  • Road Surface: Asphalt
  • Sp Lp Percent: 100
  • Year Taxes Payable: 2021 pay 2022
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1516
  • Total Finished Sq Ft: 1396
  • Above Grade Finished Sq Ft: 1396
  • Below Grade Sq Ft: 120
  • Price Per Sq Ft: 60.89
  • Basement: Yes
  • Basement Foundation: Crawl, Slab, Partial Basement, Unfinished
  • Basement Material: Block, Stone
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm, Wood Burning, Fireplace Insert
  • Fireplace: Yes
  • Flooring: Hardwood Floors, Carpet, Vinyl
  • Living Great Room: Dimensions: 16x12, On Level: Main
  • Kitchen: Dimensions: 17x10, On Level: Main
  • Family Room: Dimensions: 20x16, On Level: Main
  • Extra Room: Foyer, Dimensions: 8x6, On Level: Main
  • Bedroom 1: Dimensions: 14x13, On Level: Main
  • Bedroom 2: Dimensions: 13x10, On Level: Main
  • Other Room1: Enclosed back porch, Dimensions: 19x12, On Level: Main
  • Main Level Sq Ft: 1396
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 120

Exterior Features

  • Exterior: Cedar
  • Roof Material: Metal
  • Outbuilding1: None
  • Fence: Privacy, Wood

Garage/Parking

  • Driveway: Stone
  • Garage Type: Detached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 32x24
  • Garage Sq Ft: 768
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Baseboard, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Duke Energy Indiana
  • Gas Company: NIPSCO
  • Water Company: Indiana American Water Co
  • Cable Company: Comcast, Cinergy MetroNet
  • Laundry: Dimensions: Mainx7, On Level: 8

Condo/Co-op/Association

  • Common Amenities: Sidewalks

Schools

  • School District: Wabash City Schools
  • Elementary School: OJ Neighbors
  • Middle School: Wabash
  • High School: Wabash
  • Elementary School: OJ Neighbors

Lot Info

  • Lot Description: Corner
  • Lot Dimensions: 100 x 140
  • Estimated Lot Sq Ft: 13939
  • Estimated Lot Size Acres: 0.32

Green Features

  • Energy Efficient Windows/Doors: Double Pane Windows

Tax Info

  • Annual Taxes: 736.42
  • Exemptions: Homestead, Mortgage

MLS Schools

  • High School: Wabash
  • Middle School: Wabash
  • School District: Wabash City Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2022
Closed on
Apr 29, 2022
Sold by
Blackburn Jay D
Bought by
Schaaf Lisa A
Seller's Agent
Robert Lundquist
Lundquist Appraisals & Real Estate
Buyer's Agent
E Marie Lloyd
Metz Phillipy Real Estate
List Price
$85,000
Sold Price
$85,000
Current Estimated Value
$128,709

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,709
Avg. Annual Appreciation
11.60%
Original Mortgage
$82,450
Outstanding Balance
$78,162
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$45,411

Purchase Details

Closed on
Apr 14, 2017
Sold by
Blackburn Jay D
Bought by
Blackburn Jay D and Blackburn Ashly N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,200
Interest Rate
4.21%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Oct 31, 2011
Sold by
Eckman Aaron W
Bought by
Blackburn Jay D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,326
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 10, 2009
Sold by
Broadfoot Robert H and Broadfoot Arlene G
Bought by
Eckman Aaron W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,360
Interest Rate
5.05%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Schaaf Lisa A $85,000 Downs Tandy & Petruniw Pc
Blackburn Jay D -- None Available
Blackburn Jay D -- Attorney
Eckman Aaron W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schaaf Lisa A $82,450
Previous Owner Blackburn Jay D $63,200
Previous Owner Blackburn Jay D $66,326
Previous Owner Eckman Aaron W $21,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2022 04/29/22 Sold $85,000 0.0% $61 / Sq Ft
04/19/2022 04/19/22 Pending -- -- --
03/22/2022 03/22/22 For Sale $85,000 -- $61 / 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 $1,012 $101,200 $14,000 $87,200
2023 $846 $96,600 $14,000 $82,600
2022 $906 $91,200 $14,000 $77,200
2021 $736 $84,400 $14,000 $70,400
2020 $626 $79,300 $14,000 $65,300
2019 $536 $79,400 $14,000 $65,400
2018 $528 $78,800 $14,000 $64,800
2017 $530 $77,000 $14,000 $63,000
2016 $328 $75,900 $13,900 $62,000
2014 $272 $75,800 $13,900 $61,900
2013 $216 $74,500 $14,000 $60,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202209546

Indiana Regional MLS

APN: 85-14-02-404-056.000-009