$59,900
SOLD AUG 21, 2020

481 Alena St Wabash, IN 46992

6 Beds
3 Baths
2,480 Sq Ft
5,763 Sq Ft Lot

Recently Sold

$24 Per Sq Ft

9 Days on Market

Highlights

  • Porch
  • Level Lot
  • 3-minute walk to Charley Creek Park
  • Forced Air Heating System
  • Vinyl Flooring

About This Home

As of July 2025

2 units on main level that are 1 bedroom each. 3rd unit is entire upstairs.

Last Agent to Sell the Property

Thomas Grizzle

Hoosier Pros LLC Listed on: 07/22/2020

Co-Listed By

Kristi Lundquist

Lundquist Appraisals & Real Estate

Last Buyer's Agent

Amy Brown

Heartland Real Estate Brokers

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Lot Details

  • 5,763 Sq Ft Lot
  • Lot Dimensions are 51x113
  • Level Lot

Home Design

  • Triplex
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Vinyl Flooring
  • Partially Finished Basement
  • Block Basement Construction

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Parking

  • 3 Parking Spaces
  • Gravel Driveway

Outdoor Features

  • Porch

Schools

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

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for electric, fuel
  • The owner pays for tax
  • Assessor Parcel Number 85-14-40-203-004.000-009

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1930
  • Age: 90
  • Style: Two Story
  • Bedrooms: 6
  • Number Above Grade Bedrooms: 6
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: THOMPSON & TAYLOR EX S 30' LOT 14
  • Parcel Number ID: 85-14-40-203-004.000-009
  • Platted: Yes
  • Amenities: Porch Open
  • Inside City Limits: Yes
  • Sp Lp Percent: 100
  • Monthly Gross Income: 1550
  • County Zoning: R2
  • Year Taxes Payable: 2020
  • Special Features: None

Interior Features

  • Total Sq Ft: 2480
  • Total Finished Sq Ft: 2480
  • Above Grade Finished Sq Ft: 2480
  • Price Per Sq Ft: 24.15
  • Basement: Yes
  • Basement Foundation: Partial Basement
  • Basement Material: Block
  • Flooring: Vinyl
  • Main Level Sq Ft: 1280
  • Number Of Ranges Ovens: 3

Exterior Features

  • Exterior: Vinyl
  • Stories: 2

Garage/Parking

  • Driveway: Gravel
  • Number Of Parking Spaces: 3

Utilities

  • Cooling: Window
  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Duke Energy Indiana
  • Gas Company: NIPSCO
  • Water Company: Indiana American Water Co
  • Number Electric Meters: 3
  • Number Gas Meters: 1
  • Number Of W D Hookups: 3
  • Number Water Meters: 1

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
  • Lot Dimensions: 51x113
  • Estimated Lot Sq Ft: 5763
  • Estimated Lot Size Acres: 0.13

Rental Info

  • Lease Term: Negotiable
  • Owner Pays: Tax
  • Tenant Pays: Electric, Fuel

Tax Info

  • Total Assessed Value: 79700
  • Annual Property Tax: 1570

Multi Family

  • Gross Monthly Rent: 1550
  • Number Of Refrigerators: 3
  • Number Of Units: 3
  • Num Of1 Bedrooms: 2
  • Number Of 4 Bedrooms: 1
  • Num Of Units Rented: 2

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 14, 2025
Closed on
Jul 14, 2025
Sold by
Eaglewood Property Solutions Llc
Bought by
Harrison Terry and Harrison Nicole
Seller's Agent
Nicole Kuyper
Keller Williams Realty Group
Buyer's Agent
Nicole Kuyper
Keller Williams Realty Group
List Price
$150,000
Sold Price
$145,000
Premium/Discount to List
-$5,000
-3.33%
Views
54

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.97%
Original Mortgage
$108,750
Outstanding Balance
$108,750
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$37,391

Purchase Details

Closed on
Oct 25, 2022
Sold by
Holtze Family Trust
Bought by
Eaglewood Property Solutions Llc

Purchase Details

Listed on
Jul 22, 2020
Closed on
Aug 20, 2020
Sold by
Cosby James E and Estate Of Mary Lou Cosby
Bought by
Holtze Kim and Holtze Angela Hansen
Seller's Agent
Thomas Grizzle
Hoosier Pros LLC
Buyer's Agent
Amy Brown
Heartland Real Estate Brokers
List Price
$59,900
Sold Price
$59,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.74%
Original Mortgage
$47,920
Interest Rate
3%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 10, 2007
Sold by
Deutsche Bank National Trust Co
Bought by
Cosby Mary Gibson

Purchase Details

Closed on
Jan 28, 2005
Sold by
Watson Anthony W
Bought by
Adams Charles T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,880
Interest Rate
9.55%
Mortgage Type
Adjustable Rate Mortgage/ARM
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 Type Sale Price Title Company
Special Warranty Deed -- None Listed On Document
Deed -- --
Personal Reps Deed -- None Available
Special Warranty Deed -- --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $108,750 New Conventional
Previous Owner $97,500 New Conventional
Previous Owner $47,920 Commercial
Previous Owner $65,880 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2025 07/14/25 Sold $145,000 -3.3% $60 / Sq Ft
06/29/2025 06/29/25 Pending -- -- --
03/14/2025 03/14/25 For Sale $150,000 +150.4% $63 / Sq Ft
08/21/2020 08/21/20 Sold $59,900 0.0% $24 / Sq Ft
07/22/2020 07/22/20 For Sale $59,900 -- $24 / 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 $1,522 $76,100 $9,600 $66,500
2023 $1,473 $73,600 $9,600 $64,000
2022 $1,811 $90,500 $6,700 $83,800
2021 $1,623 $81,100 $6,700 $74,400
2020 $1,595 $79,700 $6,700 $73,000
2019 $1,553 $77,600 $6,700 $70,900
2018 $1,495 $74,700 $6,700 $68,000
2017 $1,505 $74,000 $6,700 $67,300
2016 $1,507 $74,100 $6,700 $67,400
2014 $1,443 $75,600 $6,700 $68,900
2013 $1,521 $76,000 $6,700 $69,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202028276

Indiana Regional MLS

APN: 85-14-40-203-004.000-009