NOT LISTED FOR SALE

506 N Spring St Wabash, IN 46992

Estimated Value: $148,000 - $190,000

2 Beds
2.5 Baths
2,588 Sq Ft
$66/Sq Ft Est. Value

Last Sold September 08, 2020

Last sale price $112,000 $43 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $996/month

44 Days on Market

Highlights

  • Primary Bedroom Suite
  • Utility Room in Garage
  • Formal Dining Room
  • Workshop
  • Beamed Ceilings
  • 2 Car Detached Garage

About This Home

As of September 2020

You Absolutely do NOT want to miss this One-Of-A-Kind 2 Bedroom Home with over 2500 sf! You will notice the unique charm of this home as soon as you enter the front door from your covered front porch. The home has a new roof that was done in 2019 along with the garage roof. The garage was built in 2004, Home got a new water line in 2018, new sewer line in 2017. There is new flooring in both bathrooms and the kitchen, home also has 200 amp service in the home and 100 amp service in the garage and the large shed also has electric service ran to it. Water Heater, Furnace, and Central Air were all new in 2003. This Home is truly unique when you enter into the home you are in the large dinning room. Through the dinning room is the living room with beautiful beamed ceilings. In the kitchen you will find nice oak cabinets and plenty of space for all of your gatherings. Onto the spacious master bedroom and bath. Tons of storage closets are in the foyer of the stairs, when you look up you will see the unique beamed ceilings of the second level. When you get to the top of the staircase this one-of-a-kind beamed room will take your breath away. Very large lofted family room area could be made into additional bedrooms if you needed them. Also on this level is the second bedroom also boasting the beamed ceiling and a full bathroom. Heading outside you exit onto your covered back deck that leads to your fenced in backyard, garage, and 2 sheds the larger shed has power ran to it as well. Paved driveway with alley access and additional off-street-parking! You must see this home to truly appreciate the charm & character of this extremely spacious well maintained home!

Last Agent to Sell the Property

Tisha Strickler

Lundquist Appraisals & Real Estate Listed on: 07/22/2020

Last Buyer's Agent

John Lundquist

Lundquist Appraisals & Real Estate

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1910

Lot Details

  • 10,250 Sq Ft Lot
  • Lot Dimensions are 50x205
  • Privacy Fence
  • Chain Link Fence
  • Level Lot

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Home Design

  • Shingle Roof
  • Asphalt Roof
  • Shingle Siding
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Woodwork
  • Beamed Ceilings
  • Ceiling Fan
  • Formal Dining Room
  • Workshop
  • Utility Room in Garage
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Kitchen Island
  • Laminate Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Bathtub with Shower

Laundry

  • Laundry on main level
  • Washer Hookup

Partially Finished Basement

  • Exterior Basement Entry
  • Block Basement Construction
  • Stone or Rock in Basement
  • Crawl Space

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Gas

Additional Features

  • Covered Deck
  • Suburban Location

Listing and Financial Details

  • Assessor Parcel Number 85-14-11-203-109.000-009

Home Details

Home Type

Single Family

Year Built

Built in 1910

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1910
  • Style: Two Story
  • Bedrooms: 2
  • Total Bathrooms: 3
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Legal Description: H HANNA N & E PT OLOT 63
  • Parcel Number ID: 85-14-11-203-109.000-009
  • Platted: Yes
  • Amenities: Ceiling Fan(s), Ceilings-Beamed, Closet(s) Walk-in, Countertops-Laminate, Deck Covered, Detector-Smoke, Eat-In Kitchen, Garage Door Opener, Kitchen Island, Natural Woodwork, Range/Oven Hook Up Gas, Tub/Shower Combination, Workshop, Main Level Bedroom Suite, Formal Dining Room, Main Floor Laundry, Washer Hook-Up, Garage Utilities
  • Cross Street: Indiana
  • Location: City/Town/Suburb
  • Road Access: City
  • Road Surface: Asphalt
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 2650
  • Total Finished Sq Ft: 2588
  • Above Grade Finished Sq Ft: 2588
  • Below Grade Sq Ft: 62
  • Basement: Yes
  • Basement Foundation: Crawl, Outside Entrance, Partial Basement, Unfinished
  • Basement Material: Block, Stone
  • Flooring: Carpet, Vinyl
  • Living Great Room: Dimensions: 15x15, On Level: Main
  • Kitchen: Dimensions: 13x16, On Level: Main
  • Dining Room: Dimensions: 16x20, On Level: Main
  • Family Room: Dimensions: 24x29, On Level: Upper
  • Bedroom 1: Dimensions: 13x17, On Level: Main
  • Bedroom 2: Dimensions: 17x11, On Level: Upper
  • Loft: Dimensions: 29x24, On Level: Upper
  • Main Level Sq Ft: 1418
  • Number of Main Level Full Bathrooms: 1
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 62

Exterior Features

  • Exterior: Shingle, Vinyl
  • Roof Material: Asphalt, Shingle
  • Outbuilding1: Shed, Dimensions: 8x8, 64
  • Fence: Chain Link, Privacy
  • Outbuilding2: Shed, Dimensions: 10x12, 120

Garage/Parking

  • Driveway: Asphalt
  • Garage Type: Detached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 24x32
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

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

Schools

  • Elementary School: OJ Neighbors

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 50X205
  • Estimated Lot Sq Ft: 10250
  • Estimated Lot Size Acres: 0.23

Tax Info

  • Annual Taxes: 24
  • Exemptions: Disabled Vet, Homestead, Mortgage

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
Jul 22, 2020
Closed on
Sep 4, 2020
Sold by
Minnick Shirleene
Bought by
Kaler Jonathan R
Seller's Agent
Tisha Strickler
Lundquist Appraisals & Real Estate
Buyer's Agent
John Lundquist
Lundquist Appraisals & Real Estate
List Price
$115,000
Sold Price
$112,000
Premium/Discount to List
-$3,000
-2.61%
Current Estimated Value
$171,536

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,536
Avg. Annual Appreciation
8.31%
Original Mortgage
$106,400
Outstanding Balance
$94,423
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$76,187

Purchase Details

Closed on
Nov 16, 2016
Sold by
Minnick Arvin R and Minnick Shirleene
Bought by
Minnick Arvin R and Minnick Shirleene

Purchase Details

Closed on
Jan 11, 2010
Sold by
Minnick Arvin R and Minnick Shirley
Bought by
Minnick Arvin R and Minnick Shirleene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,041
Interest Rate
4.78%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kaler Jonathan R -- None Available
Minnick Shirleene -- None Available
Minnick Arvin R -- None Available
Minnick Arvin R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kaler Jonathan R $106,400
Previous Owner Minnick Arvin R $110,041
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/08/2020 09/08/20 Sold $112,000 -2.6% $43 / Sq Ft
07/22/2020 07/22/20 For Sale $115,000 -- $44 / 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 $1,129 $112,900 $8,700 $104,200
2023 $1,047 $107,800 $8,700 $99,100
2022 $1,023 $101,300 $8,700 $92,600
2021 $942 $93,200 $8,700 $84,500
2020 $24 $86,500 $8,700 $77,800
2019 $24 $82,900 $8,700 $74,200
2018 $24 $82,400 $8,700 $73,700
2017 $24 $80,900 $8,700 $72,200
2016 $24 $77,700 $8,600 $69,100
2014 -- $78,600 $8,600 $70,000
2013 -- $77,300 $8,700 $68,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202028338

Indiana Regional MLS

APN: 85-14-11-203-109.000-009