NOT LISTED FOR SALE

4859 S 500 W Wabash, IN 46992

Estimated Value: $80,000 - $174,000

60.56 Acres
$2,152 Price per Acre
2,637,950 Sq Ft Lot

Last Sold June 11, 2021

Last sale price $400,000 $230 Per Sq Ft

Current estimated payment $696/month

48 Days on Market

About This Lot

As of June 2021

Beautiful 60 acre property with everything you could want in a rural setting. Rolling landscape, certified forest, tillable ground, winding creek, ravines, picturesque views, and seclusion. Power, well and septic are already in place. Building site overlooking the creek and front of property. Anything you desire, horse farm, cattle, shooting range, hunting, ATV or dirt bike riding, use your imagination here.

Last Agent to Sell the Property

Gregory Marsh

Marsh Realty Listed on: 04/05/2021

Co-Listed By

Joyce Marsh

Marsh Realty

Last Buyer's Agent

Gregory Marsh

Marsh Realty Listed on: 04/05/2021

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $367

Lot Details

  • 60.56 Acre Lot
  • Lot Dimensions are 2626 x 1000
  • Property fronts a county road
  • Finished Lot(s)

Farming

  • 17 Acres of Pasture
  • Agricultural

Utilities

  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 85-14-29-300-007.000-007

Property Details

Property Type

Land

Est. Annual Taxes

$367

Lot Details

0

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Agricultural Land
  • Legal Description: PT SW1/4 (25A FOREST LAND) 29-27-6 58.53AC; PT NW & PT NE 29-27-6 .559AC; PT SW1/4 29-27-6 1.47AC
  • Parcel Number ID: 85-14-29-300-007.000-007
  • Platted: Yes
  • Parcel Id2: 85-14-29-300-004.000-007
  • Road Access: County
  • Road Surface: Tar and Stone
  • Parcel Description: Heavily Wooded, Pasture, Rolling, Undeveloped, Ravine, Tillable, 15+
  • Parcel Id3: 85-14-29-300-024.000-007
  • Type of Sale: Traditional
  • Type Use: Agriculture, Residential, Recreational
  • Special Features: None

Exterior Features

  • Road Frontage: County

Utilities

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

Lot Info

  • Lot Dimensions: 2626 x 1000
  • Estimated Lot Sq Ft: 2637950
  • Estimated Lot Size Acres: 60.559
  • Conservation Reserve Program: Yes
  • Number Pasture Acres: 17.22
  • Numbertillable Acres: 17.72
  • Numberwooded Acres: 25

Tax Info

  • Annual Taxes: 367.42

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2021
Closed on
Jun 11, 2021
Sold by
Marsh Kenneth E
Bought by
Bomarito Dickinson Carol Ann and Bomarito Nicholas
Seller's Agent
Gregory Marsh
Marsh Realty
Buyer's Agent
Gregory Marsh
Marsh Realty
List Price
$439,000
Sold Price
$400,000
Premium/Discount to List
-$39,000
-8.88%
Current Estimated Value
$130,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$269,667
Avg. Annual Appreciation
-22.10%

Purchase Details

Closed on
Apr 13, 2005
Sold by
Marsh Terri L
Bought by
Marsh Kenneth E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$11,117
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bomarito Dickinson Carol Ann -- None Available
Marsh Kenneth E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Marsh Kenneth E $11,117
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/11/2021 06/11/21 Sold $400,000 -4.5% $230 / Sq Ft
05/23/2021 05/23/21 Pending -- -- --
04/22/2021 04/22/21 Price Changed $419,000 -4.6% $241 / Sq Ft
04/05/2021 04/05/21 For Sale $439,000 -- $253 / 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 $122 $8,800 $8,800 $0
2023 $129 $8,800 $8,800 $0
2022 $101 $8,800 $8,800 $0
2021 $95 $7,400 $7,400 $0
2020 $97 $7,400 $7,400 $0
2019 $94 $7,400 $7,400 $0
2018 $92 $7,400 $7,400 $0
2017 $87 $7,400 $7,400 $0
2016 $86 $7,400 $7,400 $0
2014 $70 $7,400 $7,400 $0
2013 $75 $7,400 $7,400 $0
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2021

    Gregory Marsh

    Marsh Realty

    (765) 669-1735

    11 Total Sales

    Gregory Marsh
    Section Image

  • J

    Seller Co-Listing Agent in 2021

    Joyce Marsh

    Marsh Realty

    (765) 669-1735

    6 Total Sales

    Joyce Marsh
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202110968

Indiana Regional MLS

APN: 85-14-29-300-024.000-007

Indiana Wabash County Wabash 46992

4859 S 500 W, Wabash, IN

Not Listed for Sale

Lots

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