NOT LISTED FOR SALE

503 Bryan Ave Wabash, IN 46992

Estimated Value: $190,937 - $236,000

4 Beds
2 Baths
1,875 Sq Ft
$112/Sq Ft Est. Value

Last Sold October 31, 2017

Last sale price $100,000 $53 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $1,358/month

Highlights

  • Open Floorplan
  • Covered patio or porch
  • Entrance Foyer
  • Backs to Open Ground
  • 1 Car Attached Garage
  • Ceiling Fan

About This Home

As of October 2017

Very nice duplex on Bryan Ave. Live in one unit and rent the other. Located next to Senior Town Apartments. Within walking distance of Kroger shopping center. each unit is 2 bedrooms and 1 bath. Large open living room & dining area. Nice kitchen. Covered rear patio on each unit. 1 car attached garage on each unit. maintenance free exterior. Concrete drive. Appliance included.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,555

Year Built

  • Built in 1980

Lot Details

  • 9,060 Sq Ft Lot
  • Backs to Open Ground
  • Level Lot

Home Design

  • Duplex
  • Shingle Roof
  • Asphalt Roof
  • Stone Exterior Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,875 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Entrance Foyer
  • Crawl Space
  • Laundry in Bathroom

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Covered patio or porch
  • Suburban Location

Listing and Financial Details

  • Tenant pays for cooling, electric, heating, sewer, snow removal, water
  • The owner pays for building insurance, lawn maintenance, tax
  • Assessor Parcel Number 85-14-03-402-019.000-009

Community Details

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Additional Features

  • 2 Units
  • Community Storage Space

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,555

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1980
  • Age: 37
  • Style: One Story
  • Architectural Style: Ranch
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: PT E1/2 SE1/4 3-27-6
  • Parcel Number ID: 85-14-03-402-019.000-009
  • Platted: Yes
  • Amenities: Ceiling Fan, Off Street Parking, Storage, Cable Ready, Foyer Entry, Garage Door Opener, Open Floor Plan, Patio Covered, Porch Covered, Water Heater Electric
  • Cross Street: Alber St
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Road Access: City
  • Road Surface: Asphalt
  • Sp Lp Percent: 86.96
  • Monthly Gross Income: 1150
  • Special Features: None

Interior Features

  • Total Sq Ft: 1875
  • Total Finished Sq Ft: 1875
  • Above Grade Finished Sq Ft: 1875
  • Basement Foundation: Crawl
  • Flooring: Carpet, Vinyl
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Stone, Vinyl
  • Roof Material: Asphalt, Shingle
  • Stories: 1
  • Outbuilding Sq Ft: 64

Garage/Parking

  • Driveway: Concrete
  • Number Of Parking Spaces: 2
  • Parking: Garage, Off Street

Utilities

  • Cooling: Wall AC
  • Heating Fuel: Electricity, Baseboard
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Duke Energy Indiana
  • Gas Company: NIPSCO
  • Water Company: Indiana American Water Co
  • Cable Company: Cinergy MetroNet, Comcast
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Of W D Hookups: 2
  • Number Water Meters: 2

Condo/Co-op/Association

  • Common Amenities: Sidewalks

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: See attached plat map
  • Estimated Lot Sq Ft: 9060
  • Estimated Lot Size Acres: 0.208

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Building Insurance, Lawn Maintenance, Tax
  • Tenant Pays: Cooling, Electric, Heating, Sewer, Snow Removal, Water

Multi Family

  • Gross Monthly Rent: 1150
  • Number Of Dryers: 2
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Number Of Washers: 2
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 1554.98

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 30, 2020
Sold by
Lundquist Robert J
Bought by
Holmes Richard E and Holmes Paula L
Total Days on Market
0
Current Estimated Value
$210,234

Purchase Details

Listed on
Oct 13, 2017
Closed on
Oct 31, 2017
Sold by
Schlemmer Philip E
Bought by
Lundquist Robert J
List Price
$115,000
Sold Price
$100,000
Premium/Discount to List
-$15,000
-13.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.65%
Source: Public Records

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Range of Values:

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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
Holmes Richard E $135,000 Metz Title Company, Inc
Lundquist Robert J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schlemmer Philip E $100,000
Previous Owner Schlemmer Phillip E $142,573
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2017 10/31/17 Sold $100,000 -13.0% $53 / Sq Ft
10/13/2017 10/13/17 Pending -- -- --
10/13/2017 10/13/17 For Sale $115,000 -- $61 / 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 $2,898 $144,900 $17,000 $127,900
2023 $2,757 $137,800 $17,000 $120,800
2022 $2,449 $122,400 $15,000 $107,400
2021 $2,155 $107,700 $15,000 $92,700
2020 $1,773 $88,600 $15,000 $73,600
2019 $1,705 $85,200 $15,000 $70,200
2018 $1,637 $81,800 $15,000 $66,800
2017 $1,647 $81,100 $15,000 $66,100
2016 $1,531 $75,300 $15,000 $60,300
2014 $1,520 $79,600 $15,000 $64,600
2013 $1,585 $79,200 $15,000 $64,200
Source: Public Records

Map

Source: Indiana Regional MLS

MLS Number: 201747226

Indiana Regional MLS

APN: 85-14-03-402-019.000-009