NOT LISTED FOR SALE

476-478 W Canal St Wabash, IN 46992

Estimated Value: $132,942 - $167,000

4 Beds
2 Baths
2,139 Sq Ft
$68/Sq Ft Est. Value

Last Sold December 14, 2018

Last sale price $40,000 $19 Per Sq Ft

Est. 264% increase in value since last sale

Current estimated payment $941/month

155 Days on Market

Highlights

  • Covered patio or porch
  • Forced Air Heating System
  • Carpet
  • Laundry in Utility Room
  • Level Lot
  • 2-minute walk to Paradise Spring Historical Park & Riverwalk

About This Home

As of December 2018

Close to downtown, this duplex is already rented for immediate income! New metal roof is 3 years old. Each unit is 2 bedroom, 1 bath (all upstairs) with off-street parking. Living room, dining room, kitchen, and laundry rooms all on main level. Unit 476 has newer high efficiency furnace. Unit 476 is paid $450 monthly, with 6 month lease and includes range and refrigerator with tenant paying utilities. Unit 478 is paid $120 weekly without lease and includes range, refrigerator, and stackable washer and dryer with owner paying utilities.

Last Agent to Sell the Property

Amy Brown

Heartland Real Estate Brokers Listed on: 07/10/2018

Last Buyer's Agent

Jennie Terrell

Terrell Realty Group, LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 44x132
  • Level Lot

Home Design

  • Duplex
  • Metal Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,139 Sq Ft Home
  • 2-Story Property
  • Crawl Space
  • Laminate Countertops

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in Utility Room
  • Washer Hookup

Parking

  • 2 Parking Spaces
  • Off-Street Parking

Schools

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

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Covered patio or porch
  • Suburban Location

Listing and Financial Details

  • Assessor Parcel Number 85-14-40-404-063.000-009

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1910
  • Age: 108
  • Style: Two Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: MC CREAS W 44' LOT 8 |
  • Parcel Number ID: 85-14-40-404-063.000-009
  • Platted: Yes
  • Amenities: Off Street Parking, Near Walking Trail, Cable Ready, Countertops-Laminate, Porch Covered, Water Heater Gas, Washer Hook-Up
  • Location: City/Town/Suburb
  • Sp Lp Percent: 72.73
  • Monthly Gross Income: 900
  • Year Taxes Payable: 2018
  • Special Features: None

Interior Features

  • Total Sq Ft: 2139
  • Total Finished Sq Ft: 2139
  • Above Grade Finished Sq Ft: 2139
  • Price Per Sq Ft: 18.7
  • Basement Foundation: Crawl
  • Flooring: Carpet, Laminate, Vinyl
  • Number Of Ranges Ovens: 2

Exterior Features

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

Garage/Parking

  • Number Of Parking Spaces: 2
  • Parking: Off Street

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Duke Energy Indiana
  • Gas Company: NIPSCO
  • Water Company: Indiana American Water Co
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Of W D Hookups: 2
  • Number Water Meters: 2

Schools

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

Lot Info

  • Lot Description: Level, Flood Plain
  • Lot Dimensions: 44x132
  • Estimated Lot Sq Ft: 5663
  • Estimated Lot Size Acres: 0.13

Rental Info

  • Lease Term: 6 Months, Month to Month

Multi Family

  • Gross Monthly Rent: 900
  • Number Of Dryers: 1
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Number Of Washers: 1
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 1

Tax Info

  • Annual Property Tax: 1170

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
Jul 10, 2018
Closed on
Dec 14, 2018
Sold by
Howard Danny L and Howard Janet K
Bought by
D & B Home Rentals Llc
Seller's Agent
Amy Brown
Heartland Real Estate Brokers
Buyer's Agent
Jennie Terrell
Terrell Realty Group, LLC
List Price
$55,000
Sold Price
$40,000
Premium/Discount to List
-$15,000
-27.27%
Current Estimated Value
$145,736

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,736
Avg. Annual Appreciation
18.47%
Source: Public Records

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Range of Values:

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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
D & B Home Rentals Llc -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2018 12/14/18 Sold $40,000 -27.3% $19 / Sq Ft
12/12/2018 12/12/18 Pending -- -- --
11/06/2018 11/06/18 For Sale $55,000 +37.5% $26 / Sq Ft
07/22/2018 07/22/18 Off Market $40,000 -- --
07/10/2018 07/10/18 For Sale $55,000 -- $26 / 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 $1,580 $79,000 $5,500 $73,500
2023 $1,526 $76,300 $5,500 $70,800
2022 $1,386 $69,300 $4,400 $64,900
2021 $1,276 $63,800 $4,400 $59,400
2020 $1,254 $62,700 $4,400 $58,300
2019 $1,200 $60,000 $4,400 $55,600
2018 $1,200 $60,000 $4,400 $55,600
2017 $1,194 $58,500 $4,400 $54,100
2016 $1,246 $61,100 $4,400 $56,700
2014 $1,154 $60,500 $4,400 $56,100
2013 $1,184 $59,200 $4,400 $54,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201830205

Indiana Regional MLS

APN: 85-14-40-404-063.000-009