NOT LISTED FOR SALE

456 W Canal St Wabash, IN 46992

Estimated Value: $80,000 - $133,000

7 Beds
3 Baths
2,184 Sq Ft
$53/Sq Ft Est. Value

Last Sold October 24, 2017

Last sale price $39,900 $18 Per Sq Ft

Est. 187% increase in value since last sale

Current estimated payment $708/month

47 Days on Market

Highlights

  • Forced Air Heating System
  • Carpet
  • 2-minute walk to Paradise Spring Historical Park & Riverwalk

About This Home

As of October 2017

Great investment opportunity with this three unit property. One three bedroom apartment down. One three bedroom up and back house is a one bedroom efficiency.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 5,793

Parking

  • On-Street Parking

Home Design

  • Triplex
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Crawl Space

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry in Kitchen
  • Washer Hookup

Additional Features

  • Lot Dimensions are 42 'x 30'
  • Suburban Location
  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for cable, cooling, electric, heating, sewer, water
  • The owner pays for building insurance, lawn maintenance, maintenance, snow removal, tax, trash collection
  • Assessor Parcel Number 85-14-40-404-065.000-009

Community Details

Overview

  • 3 Units

Pet Policy

  • Pet Restriction

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1910
  • Age: 107
  • Style: Two Story
  • Bedrooms: 7
  • Number Above Grade Bedrooms: 7
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: MC CREAS E 44' LOT 9
  • Parcel Number ID: 85-14-40-404-065.000-009
  • Platted: Yes
  • Amenities: Washer Hook-Up
  • Location: City/Town/Suburb
  • Sp Lp Percent: 100
  • Monthly Gross Income: 1425
  • Special Features: None

Interior Features

  • Total Sq Ft: 3276
  • Total Finished Sq Ft: 2184
  • Above Grade Finished Sq Ft: 2184
  • Below Grade Sq Ft: 1092
  • Basement Foundation: Crawl
  • Flooring: Carpet, Vinyl
  • Main Level Sq Ft: 1092
  • Total Below Grade Sq Ft: 1092
  • Number Of Microwaves: 3
  • Number Of Ranges Ovens: 3

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Stories: 2

Garage/Parking

  • Parking: Street

Utilities

  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Duke Energy Indiana
  • Gas Company: NIPSCO
  • Water Company: Indiana American Water Co
  • Number Of W D Hookups: 3

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

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

Lot Info

  • Lot Description: 0-2.9999
  • Lot Dimensions: 42 'x 30'

Rental Info

  • Lease Term: 6 Months
  • Owner Pays: Building Insurance, Lawn Maintenance, Maintenance, Snow Removal, Tax, Trash Collection
  • Tenant Pays: Cable, Cooling, Electric, Heating, Sewer, Water

Multi Family

  • Gross Monthly Rent: 1425
  • Number Of Refrigerators: 3
  • Number Of Units: 3
  • Num Of1 Bedrooms: 1
  • Number Of 3 Bedrooms: 2
  • Num Of Efficiencies: 1
  • Num Of Units Rented: 3

Tax Info

  • Annual Property Tax: 1258

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 30, 2020
Sold by
Mjm & Sons Llc
Bought by
Simmons Ken and Raskin Erin
Current Estimated Value
$114,667

Purchase Details

Listed on
Sep 2, 2017
Closed on
Oct 24, 2017
Sold by
Osborn Jerry W
Bought by
Mjm & Sons Llc
List Price
$39,900
Sold Price
$39,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.20%
Original Mortgage
$31,920
Interest Rate
3.83%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Sep 12, 2013
Sold by
Johnson Erick G and Johnson Kendra
Bought by
Osborn Jerry W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$18,960
Interest Rate
4.38%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

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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
Simmons Ken -- None Available
Mjm & Sons Llc -- None Available
Osborn Jerry W -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mjm & Sons Llc $31,920
Previous Owner Osborn Jerry W $18,960
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/24/2017 10/24/17 Sold $39,900 0.0% $18 / Sq Ft
10/19/2017 10/19/17 Pending -- -- --
09/02/2017 09/02/17 For Sale $39,900 -- $18 / 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 $1,204 $60,200 $5,500 $54,700
2023 $1,206 $60,300 $5,500 $54,800
2022 $1,118 $55,900 $4,400 $51,500
2021 $1,024 $51,200 $4,400 $46,800
2020 $1,010 $50,500 $4,400 $46,100
2019 $974 $48,700 $4,400 $44,300
2018 $974 $48,700 $4,400 $44,300
2017 $1,228 $60,200 $4,400 $55,800
2016 $1,258 $61,700 $4,400 $57,300
2014 $1,164 $61,000 $4,400 $56,600
2013 $1,194 $59,700 $4,400 $55,300
Source: Public Records

Map

Source: Indiana Regional MLS

MLS Number: 201740960

Indiana Regional MLS

APN: 85-14-40-404-065.000-009