NOT LISTED FOR SALE

493 Falls Ave Wabash, IN 46992

Estimated Value: $121,000 - $149,000

3 Beds
1 Bath
1,470 Sq Ft
$93/Sq Ft Est. Value

Last Sold June 10, 2020

Last sale price $40,000 $27 Per Sq Ft

Est. 243% increase in value since last sale

Current estimated payment $822/month

105 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Heating and Cooling System
  • 2-minute walk to Charley Creek Park
  • 2 Car Detached Garage

About This Home

As of June 2020

Take a look at this spacious 3 bedroom home. Needs some TLC but has so much potential! Hardwood floors could be restored to their glory and what a beautiful home this would be! Some updates in kitchen and bathroom. Off street parking and two car detached garage. Bank owned, utilities are not on, buyer to pay to have them turned on if doing inspections after accepted offer and re-winterized if necessary. No FHA or USDA financing, AS IS!

Last Agent to Sell the Property

Valerie Boyd

Wander Home Realty, LLC Listed on: 02/10/2020

Last Buyer's Agent

Valerie Boyd

Wander Home Realty, LLC Listed on: 02/10/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $612

Year Built

  • Built in 1925

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 173x65
  • Irregular Lot

Parking

  • 2 Car Detached Garage
  • Gravel Driveway

Home Design

  • Asphalt Roof

Interior Spaces

  • 1.5-Story Property
  • Basement
  • Exterior Basement Entry

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 85-14-40-234-010.000-009

Home Details

Home Type

Single Family

Est. Annual Taxes

$612

Year Built

Built in 1925

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1925
  • Age: 95
  • Style: One and Half Story
  • Total Number of Rooms: 6
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: DAVIS SUB DIV 3,4,5
  • Parcel Number ID: 85-14-40-234-010.000-009
  • Platted: Yes
  • Sp Lp Percent: 89.89
  • Year Taxes Payable: 2020
  • Special Features: 20
  • Stories: 1

Interior Features

  • Total Sq Ft: 1628
  • Total Finished Sq Ft: 1470
  • Above Grade Finished Sq Ft: 1470
  • Below Grade Sq Ft: 158
  • Price Per Sq Ft: 27.21
  • Basement: Yes
  • Basement Foundation: Outside Entrance Only
  • Flooring: Ceramic Tile, Hardwood Floors
  • Living Great Room: Dimensions: 18x13, On Level: Main
  • Kitchen: Dimensions: 12x14, On Level: Main
  • Dining Room: Dimensions: 15x13, On Level: Main
  • Bedroom 1: Dimensions: 11x10, On Level: Main
  • Bedroom 2: Dimensions: 15x13, On Level: Upper
  • Bedroom 3: Dimensions: 15x13, On Level: Upper
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 158

Exterior Features

  • Exterior: Aluminum
  • Roof Material: Asphalt
  • Outbuilding1: None

Garage/Parking

  • Driveway: Gravel
  • Garage Type: Detached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 24x20
  • Garage Sq Ft: 480
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City

Schools

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

Lot Info

  • Lot Description: Irregular
  • Lot Dimensions: 173x65
  • Estimated Lot Sq Ft: 10890
  • Estimated Lot Size Acres: 0.25

Tax Info

  • Annual Taxes: 611.96

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
Feb 10, 2020
Closed on
Jun 10, 2020
Sold by
Crossroads Bank
Bought by
Henderson Cody
Seller's Agent
Valerie Boyd
Wander Home Realty, LLC
Buyer's Agent
Valerie Boyd
Wander Home Realty, LLC
List Price
$49,900
Sold Price
$40,000
Premium/Discount to List
-$9,900
-19.84%
Current Estimated Value
$137,312

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,312
Avg. Annual Appreciation
26.15%
Original Mortgage
$38,000
Outstanding Balance
$21,144
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$116,175

Purchase Details

Closed on
Jul 1, 2019
Sold by
Edwards Tina and Estate Of Vicki L Williams
Bought by
Crossroads Bank
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 Buyer Sale Price Title Company
Henderson Cody $40,000 Chicago Title
Crossroads Bank -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Henderson Cody $38,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2020 06/10/20 Sold $40,000 -10.1% $27 / Sq Ft
05/25/2020 05/25/20 Pending -- -- --
03/17/2020 03/17/20 Price Changed $44,500 -10.8% $30 / Sq Ft
02/10/2020 02/10/20 For Sale $49,900 -- $34 / 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 $1,122 $112,200 $19,900 $92,300
2023 $1,091 $110,700 $19,900 $90,800
2022 $1,012 $101,200 $19,900 $81,300
2021 $884 $91,400 $19,900 $71,500
2020 $756 $85,600 $19,900 $65,700
2019 $612 $83,800 $19,900 $63,900
2018 $578 $81,800 $19,900 $61,900
2017 $517 $76,500 $19,900 $56,600
2016 $327 $76,300 $19,900 $56,400
2014 $262 $75,300 $19,900 $55,400
2013 $207 $74,100 $19,900 $54,200
Source: Public Records

Agents Affiliated with this Home

  • Valerie Boyd

    Seller's Agent in 2020

    Valerie Boyd

    Wander Home Realty, LLC

    (260) 982-4566

    61 Total Sales

    Valerie Boyd
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Map

Source: Indiana Regional MLS

MLS Number: 202005044

Indiana Regional MLS

APN: 85-14-40-234-010.000-009

Indiana Wabash County Wabash 46992

493 Falls Ave, Wabash, IN

This home is located at 493 Falls Ave, Wabash, IN 46992 since 10 February 2020 and is currently estimated at $137,312, approximately $93 per square foot. This property was built in 1925. 493 Falls Ave is a home located in Wabash County with nearby schools including O.J. Neighbours Elementary School, W C Mills Elementary School, and Wabash Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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