NOT LISTED FOR SALE

501 E Wabash St Converse, IN 46919

Estimated Value: $138,605 - $168,000

3 Beds
2 Baths
1,796 Sq Ft
$84/Sq Ft Est. Value

Last Sold February 27, 2018

Last sale price $22,500 $13 Per Sq Ft

Est. 573% increase in value since last sale

Current estimated payment $954/month

21 Days on Market

Highlights

  • A-Frame Home
  • 1 Fireplace
  • Level Lot
  • Wood Flooring
  • 2 Car Detached Garage
  • Wood Siding

About This Home

As of February 2018

3 Bed, 2 bath home located in Converse, IN. This is a nice size home but repairs and updates will be needed. Overall great potential! Property is sold in “as is” condition and “where is”. Seller does not prorate taxes or pay delinquent taxes. Buyer pays all closing costs including, but not limited to any and all transfer taxes, title, legal, and recording fees. Seller has no knowledge of condition. It is the responsibility of the buyer to do all research on specifics pertaining to this property.

Last Agent to Sell the Property

Joshua Vida

Paradigm Realty Solutions Listed on: 01/11/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $379

Year Built

  • Built in 1900

Lot Details

  • 7,392 Sq Ft Lot
  • Level Lot

Parking

  • 2 Car Detached Garage
  • Gravel Driveway
  • Dirt Driveway

Home Design

  • A-Frame Home
  • Poured Concrete
  • Shingle Roof
  • Wood Siding
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • 1 Fireplace
  • Wood Flooring
  • Unfinished Basement
  • Stone or Rock in Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 52-16-32-101-028.000-011

Home Details

Home Type

Single Family

Est. Annual Taxes

$379

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1900
  • Age: 118
  • Style: Two Story
  • Architectural Style: A-Frame
  • Total Number of Rooms: 7
  • Total Number of Rooms Below Grade: 1
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: 011-72028-00 Summers & Peters Ad; Pt Lot 18; Da 687; 21 720 02800 Taxing District |
  • Parcel Number ID: 52-16-32-101-028.000-011
  • Platted: Yes
  • Sp Lp Percent: 125.7
  • Special Features: None

Interior Features

  • Total Sq Ft: 2882
  • Total Finished Sq Ft: 1796
  • Above Grade Finished Sq Ft: 1796
  • Below Grade Sq Ft: 1086
  • Price Per Sq Ft: 12.53
  • Basement: Yes
  • Basement Foundation: Unfinished
  • Basement Material: Poured Concrete, Stone
  • Number Of Fireplaces: 1
  • Fireplace: One
  • Fireplace: Yes
  • Flooring: Hardwood Floors
  • Living Great Room: Dimensions: 12x12, On Level: Main
  • Kitchen: Dimensions: 12x12, On Level: Main
  • Dining Room: Dimensions: 12x12, On Level: Main
  • Family Room: Dimensions: 12x12, On Level: Main
  • Bedroom 1: Dimensions: 12x12, On Level: Main
  • Bedroom 2: Dimensions: 12x12, On Level: Upper
  • Bedroom 3: Dimensions: 12x12, On Level: Upper
  • Main Level Sq Ft: 1086
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 1086

Exterior Features

  • Exterior: Vinyl, Wood
  • Roof Material: Shingle
  • Outbuilding1: None

Garage/Parking

  • Driveway: Dirt, Gravel
  • Garage Type: Detached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 20x20
  • Garage Sq Ft: 400
  • Garage: Yes

Utilities

  • Heating Fuel: Gas

Schools

  • School District: Oak Hill United School Corp.
  • Elementary School: Converse/Sweetser/Swayzee
  • Middle School: Oak Hill
  • High School: Oak Hill

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 56132
  • Estimated Lot Sq Ft: 7392
  • Estimated Lot Size Acres: 0.17

Tax Info

  • Annual Taxes: 379
  • Total Assessed Value: 76000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2018
Closed on
Feb 23, 2018
Sold by
Castlerock 2017 Llc
Bought by
King Andrew R
Seller's Agent
Joshua Vida
Paradigm Realty Solutions
List Price
$17,900
Sold Price
$22,500
Premium/Discount to List
$4,600
25.7%
Current Estimated Value
$151,401

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,901
Avg. Annual Appreciation
28.26%
Original Mortgage
$65,500
Outstanding Balance
$43,400
Interest Rate
7.5%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$104,636

Purchase Details

Listed on
Oct 16, 2017
Closed on
Dec 14, 2017
Sold by
Nationstar Mortgage Llc
Bought by
Castlerock 2017 Llc
Seller's Agent
Paul Starr
Starr Real Estate, Inc.
Buyer's Agent
Paul Starr
Starr Real Estate, Inc.
List Price
$22,000
Sold Price
$9,000
Premium/Discount to List
-$13,000
-59.09%

Purchase Details

Closed on
Sep 19, 2017
Sold by
Hart Jeremy and Hart Lori
Bought by
Nationstar Mortgage Llc
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
King Andrew R $22,500 --
King An Drew R $22,500 Midwest Title And Escrow
Castlerock 2017 Llc $9,000 None Available
Nationstar Mortgage Llc $80,042 Ruth Ruhl, P.C.
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open King An Drew R $65,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2018 02/27/18 Sold $22,500 +25.7% $13 / Sq Ft
02/01/2018 02/01/18 Pending -- -- --
01/11/2018 01/11/18 For Sale $17,900 +98.9% $10 / Sq Ft
12/28/2017 12/28/17 Sold $9,000 -59.1% $3 / Sq Ft
12/08/2017 12/08/17 Pending -- -- --
10/16/2017 10/16/17 For Sale $22,000 -- $8 / 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 $1,847 $92,100 $5,500 $86,600
2023 $1,847 $99,700 $5,500 $94,200
2022 $1,741 $86,000 $5,500 $80,500
2021 $1,289 $63,700 $5,500 $58,200
2020 $1,289 $63,700 $5,500 $58,200
2019 $1,294 $63,700 $5,500 $58,200
2018 $1,119 $55,200 $5,500 $49,700
2017 $1,535 $76,000 $5,500 $70,500
2016 $380 $66,700 $5,500 $61,200
2014 $269 $65,900 $5,500 $60,400
2013 -- $64,600 $5,500 $59,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201801309

Indiana Regional MLS

APN: 52-16-32-101-028.000-011