Seller's Agent in 2024
Robert Lundquist
Lundquist Appraisals & Real Estate
(260) 571-4653
231 Total Sales
4839 S America Rd Wabash, IN 46992
Estimated Value: $252,000 - $318,000
4
Beds
2
Baths
830
Sq Ft
$343/Sq Ft
Est. Value
Highlights
- 21 Acre Lot
- Covered Patio or Porch
- Double Pane Windows
- Wood Flooring
- Eat-In Kitchen
- Covered Deck
About This Home
As of April 2024Rare opportunity to purchase a large older farmhouse with 21.0 acres. The home is a large 1.5 story home that has been under construction for several years. The siding, windows, roof, geothermal heating and cooling system, 200-amp electric service and a 200 amp & 100-amp panel boxes & 2 electric water heaters were all replaced on installed in 2007. Most of the wiring has been updated in the home. The only area used as finished living area is the north end which is around 830 sf, 2 bedrooms, 1 bath, living room and kitchen. This area also has a basement under it. There is another 933 sq ft area that is under construction and basically bare studs which was designed for a new kitchen, family room and large foyer. There is also a 2nd story above this area which contains 2 bedrooms, 1 bath and a large landing which is drywalled and ready for trim and flooring. A 1,000-gallon septic tank was installed in 1990. Well pump was replaced in 2023. The well does run out of water from time to time for short times but recovers, so may need a new well at some point. There is a 12 x 16 shed that has its own 200-amp electric service and a walk-in cooler and was used as an apple barn for several years selling apples. The cropland has been in hay for several years and has 50-60 apple trees on part of the cropland. LP tank is rented.
Last Agent to Sell the Property
Lundquist Appraisals & Real Estate Brokerage Email: bob@lundquistrealestate.com Listed on: 03/12/2024
Last Buyer's Agent
Lundquist Appraisals & Real Estate Brokerage Email: bob@lundquistrealestate.com Listed on: 03/12/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $634
Year Built
- Built in 1930
Lot Details
- 21 Acre Lot
- Rural Setting
- Lot Has A Rolling Slope
Home Design
- Brick Foundation
- Poured Concrete
- Shingle Roof
- Cement Board or Planked
Interior Spaces
- 1.5-Story Property
- Double Pane Windows
- Fire and Smoke Detector
- Eat-In Kitchen
- Gas And Electric Dryer Hookup
Flooring
- Wood
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
- Bathtub With Separate Shower Stall
Partially Finished Basement
- Exterior Basement Entry
- Block Basement Construction
- Crawl Space
Parking
- Stone Driveway
- Off-Street Parking
Eco-Friendly Details
- Energy-Efficient HVAC
Outdoor Features
- Covered Deck
- Covered Patio or Porch
Schools
- Southwood Elementary And Middle School
- Southwood High School
Utilities
- Heat Pump System
- Geothermal Heating and Cooling
- Private Company Owned Well
- Well
- Septic System
Listing and Financial Details
- Assessor Parcel Number 85-15-26-400-007.000-003
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 12, 2024
Closed on
Apr 26, 2024
Sold by
Rose Walter R and Rose Kandice E
Bought by
Eicher Merlin L and Eicher Amanda E
Seller's Agent
Robert Lundquist
Lundquist Appraisals & Real Estate
Buyer's Agent
Robert Lundquist
Lundquist Appraisals & Real Estate
List Price
$280,000
Sold Price
$280,000
Views
106
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,056
Avg. Annual Appreciation
1.41%
Original Mortgage
$119,000
Outstanding Balance
$117,583
Interest Rate
7.38%
Mortgage Type
Credit Line Revolving
Estimated Equity
$167,473
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Eicher Merlin L | -- | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Eicher Merlin L | $119,000 | |
| Previous Owner | Rose Walter R | $50,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/26/2024 04/26/24 | Sold | $280,000 | 0.0% | $337 / Sq Ft |
| 03/14/2024 03/14/24 | Pending | -- | -- | -- |
| 03/12/2024 03/12/24 | For Sale | $280,000 | -- | $337 / Sq Ft |
Source: Indiana Regional MLS
Tax History Compared to Growth
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 | $1,018 | $134,900 | $55,800 | $79,100 |
| 2023 | $873 | $126,100 | $49,500 | $76,600 |
| 2022 | $579 | $113,100 | $42,900 | $70,200 |
| 2021 | $606 | $99,500 | $36,400 | $63,100 |
| 2020 | $582 | $94,800 | $36,300 | $58,500 |
| 2019 | $582 | $94,900 | $40,900 | $54,000 |
| 2018 | $590 | $94,400 | $41,700 | $52,700 |
| 2017 | $628 | $96,500 | $44,800 | $51,700 |
| 2016 | $540 | $96,700 | $46,600 | $50,100 |
| 2014 | $471 | $93,100 | $48,100 | $45,000 |
| 2013 | $447 | $87,400 | $43,400 | $44,000 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: Indiana Regional MLS
MLS Number: 202408144
APN: 85-15-26-400-007.000-003
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