NOT LISTED FOR SALE

4542 E 500 S Wabash, IN 46992

Estimated Value: $308,000 - $359,000

2 Acres
$163,224 Price per Acre
87,120 Sq Ft Lot

Last Sold August 22, 2018

Last sale price $29,500

Est. 937% increase in value since last sale

Current estimated payment $1,736/month

278 Days on Market

About This Lot

As of August 2018

Two one acre lots. Each with older trailers on them. Two septic systems and two wells. This would be a fantastic site for a new home or double wide. Or keep both trailers spruce them up and rent them both out as an investment. This property has many possibilities.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $462

Lot Details

  • 2 Acre Lot
  • Property fronts a county road
  • Finished Lot(s)
  • Subdivision Possible

Parking

  • Driveway

Utilities

  • Propane
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 85-15-26-400-014.000-003

Property Details

Property Type

Land

Est. Annual Taxes

$462

Lot Details

0

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Residential Land
  • Legal Description: PT W1/2 SE 1/4 26-27-7 2 AC
  • Parcel Number ID: 85-15-26-400-014.000-003
  • Platted: Yes
  • Road Access: County
  • Road Surface: Asphalt
  • Parcel Description: 0-2.9999
  • Type of Sale: Traditional
  • Can Be Subdivided: Yes
  • Platted Development: Yes
  • Structure Bldg Imprvmnts: Yes
  • Type Use: Residential
  • Special Features: None

Exterior Features

  • Road Frontage: County

Utilities

  • Water Utilities: Well
  • Electricity Type: Available
  • Fuel Type: Propane
  • Sewer Type: Septic

Lot Info

  • Lot Dimensions: 2 acres
  • Estimated Lot Sq Ft: 87120
  • Estimated Lot Size Acres: 2

Tax Info

  • Annual Taxes: 462.26

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2017
Closed on
Aug 22, 2018
Sold by
Wiles Steven A
Bought by
Morrisett Timothy L and Morrisett Jeanna M
List Price
$32,000
Sold Price
$29,500
Premium/Discount to List
-$2,500
-7.81%
Current Estimated Value
$305,813

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$276,313
Avg. Annual Appreciation
38.20%
Original Mortgage
$23,600
Outstanding Balance
$20,496
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$305,952
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Morrisett Timothy L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morrisett Timothy L $23,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/22/2018 08/22/18 Sold $29,500 -7.8% --
11/11/2017 11/11/17 For Sale $32,000 -- --
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 $1,778 $258,400 $22,300 $236,100
2023 $1,677 $253,200 $22,300 $230,900
2022 $1,332 $233,900 $22,300 $211,600
2021 $1,192 $194,400 $18,500 $175,900
2020 $672 $119,600 $29,600 $90,000
2019 $344 $41,600 $29,600 $12,000
2018 $211 $41,600 $29,600 $12,000
2017 $521 $42,400 $30,000 $12,400
2016 $462 $42,500 $30,000 $12,500
2014 $380 $42,300 $30,000 $12,300
2013 $431 $42,200 $30,000 $12,200
Source: Public Records

Map

Source: Indiana Regional MLS

MLS Number: 201751262

Indiana Regional MLS

APN: 85-15-26-400-014.000-003

Indiana Wabash County Wabash 46992

4542 E 500 S, Wabash, IN

Not Listed for Sale

Lots

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