NOT LISTED FOR SALE

5082 W 400 N Wabash, IN 46992

Estimated Value: $226,451 - $282,000

3 Beds
1 Bath
1,384 Sq Ft
$187/Sq Ft Est. Value

Last Sold April 09, 2024

Last sale price $300,000 $217 Per Sq Ft

Est. 14% decrease in value since last sale

Current estimated payment $1,603/month

408 Days on Market

Highlights

  • Partially Wooded Lot
  • Porch
  • Bathtub with Shower
  • 1 Car Detached Garage
  • Walk-In Closet
  • Bungalow

About This Home

As of April 2024

INVESTMENT BUYERS TAKE NOTE - DON'T MISS LOOKING AT THIS UNIQUE property on Park-like setting w/mature trees. This property has 2-single story stick built homes on it. One is finished and has detached garage, and 1 is in process of being done, ready for buyer to put their own finishing touches on how to finish it out. Also included is a 24 x 26 x 12 metal pole barn, a brick block building housing a well/pressure tank, etc., and another shed at the back. The finished house is 1,384 sq ft and has 3 bdrms, 1 ba, GFA furnace (LP tank is rented) and CA. The other home under construction is presently heated w/wood stove, but brand new air to air heat pump and 2 bdrm, 1 bath finished, 1 bath plumbed and ready for trim, cabinets, flooring to be installed at buyers choice. This is a unique property totaling 5.258 AC, that was a mob hm park years ago. There is one mob home on lot, now rented. Private, shaded, and close to town just off of SR15 in great location. No AM showings, days notice is absolute must due to work schedule. This can be a single residence and also have an income, possibilities are endless. Truely a unique, different property on beautiful park like setting close to town!!

Last Agent to Sell the Property

Christy Kisner

Metz Phillipy Real Estate Brokerage Phone: 260-571-2485 Listed on: 02/08/2023

Last Buyer's Agent

RACI NonMember

NonMember RACI

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,417

Year Built

  • Built in 1960

Lot Details

  • 5.26 Acre Lot
  • Rural Setting
  • Level Lot
  • Irregular Lot
  • Partially Wooded Lot

Parking

  • 1 Car Detached Garage
  • Gravel Driveway

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,384 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Crawl Space
  • Washer and Electric Dryer Hookup

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 1 Full Bathroom
  • Bathtub with Shower
  • Garden Bath

Outdoor Features

  • Porch

Schools

  • Metro North/Sharp Creek Elementary School
  • Northfield Middle School
  • Northfield High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Heating System Uses Gas
  • Heating System Uses Wood
  • Private Company Owned Well
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 85-10-07-400-021.000-010

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,417

Year Built

Built in 1960

Lot Details

0

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1960
  • Age: 64
  • Style: One Story
  • Architectural Style: Bungalow
  • Total Number of Rooms: 7
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: MID PT S SIDE SE1/4 7-28-6 4.258 AC DITCH 664 & PT SE1/4 7-28-6 1 AC
  • Parcel Number ID: 85-10-07-400-021.000-010
  • Platted: Yes
  • Amenities: Ceiling Fan(s), Closet(s) Walk-in, Deck Open, Dryer Hook Up Electric, Jet/Garden Tub, Porch Open, Tub/Shower Combination, Washer Hook-Up
  • Improvmnts In Last5 Yrs: Yes
  • Location: Rural
  • Parcel Id2: 85-10-07-400-011.000-010
  • Road Access: County
  • Road Surface: Asphalt
  • Sp Lp Percent: 89.55
  • Year Taxes Payable: 2023
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1384
  • Total Finished Sq Ft: 1384
  • Above Grade Finished Sq Ft: 1384
  • Price Per Sq Ft: 216.76
  • Basement Foundation: Crawl, Slab
  • Fireplace: Wood Burning Stove
  • Flooring: Carpet, Vinyl
  • Living Great Room: Dimensions: 12x13, On Level: Main
  • Kitchen: Dimensions: 12x10, On Level: Main
  • Extra Room: Back Porch Entry Finished, Dimensions: 8x10, On Level: Main
  • Bedroom 1: Dimensions: 11x12, On Level: Main
  • Bedroom 2: Dimensions: 13x11, On Level: Main
  • Bedroom 3: Dimensions: 13x11, On Level: Main
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Brick, Vinyl
  • Roof Material: Asphalt
  • Outbuilding1: None, Dimensions: 14x24
  • Outbuilding2: Pole/Post Building, Dimensions: 24x26, 624

Garage/Parking

  • Driveway: Gravel
  • Garage Type: Detached
  • Garage Number Of Cars: 1
  • Garage Size: Dimensions: 20x26
  • Garage Sq Ft: 520
  • Garage: Yes

Utilities

  • Cooling: Central Air, Heat Pump
  • Heating Fuel: Gas, Wood, Forced Air, Heat Pump
  • Sewer: Septic
  • Water Utilities: Well
  • Electric Company: Heartland
  • Well Type: Private

Schools

  • School District: MSD of Wabash County Schools
  • Elementary School: Metro North/Sharp Creek
  • Middle School: Northfield
  • High School: Northfield
  • Elementary School: Metro North/Sharp Creek

Lot Info

  • Lot Description: Irregular, Level, Partially Wooded
  • Lot Dimensions: 5.258
  • Estimated Lot Sq Ft: 229038
  • Estimated Lot Size Acres: 5.258

Tax Info

  • Annual Taxes: 1417.1
  • Exemptions: Homestead, Mortgage

MLS Schools

  • High School: Northfield
  • Middle School: Northfield
  • School District: MSD of Wabash County Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2023
Closed on
Apr 9, 2024
Sold by
Scheffer Howard Lee
Bought by
Maier Bruce and Maier Rebecca
Seller's Agent
Christy Kisner
Metz Phillipy Real Estate
Buyer's Agent
RACI NonMember
NonMember RACI
List Price
$335,000
Sold Price
$300,000
Premium/Discount to List
-$35,000
-10.45%
Views
815
Current Estimated Value
$258,863

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$41,137
Avg. Annual Appreciation
-7.82%
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
Maier Bruce $300,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Scheffer Howard Lee $14,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/09/2024 04/09/24 Sold $300,000 -10.4% $217 / Sq Ft
08/09/2023 08/09/23 For Sale $335,000 +11.7% $242 / Sq Ft
08/09/2023 08/09/23 Off Market $300,000 -- --
06/16/2023 06/16/23 Price Changed $335,000 -5.6% $242 / Sq Ft
02/08/2023 02/08/23 For Sale $355,000 -- $257 / 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 $1,997 $143,300 $46,600 $96,700
2023 $1,932 $138,900 $46,600 $92,300
2022 $1,396 $128,900 $43,600 $85,300
2021 $1,340 $113,800 $36,500 $77,300
2020 $1,318 $112,800 $36,500 $76,300
2019 $1,131 $102,300 $36,800 $65,500
2018 $1,091 $99,900 $36,800 $63,100
2017 $1,035 $98,400 $36,800 $61,600
2016 $877 $97,200 $36,800 $60,400
2014 $717 $100,100 $36,800 $63,300
2013 $775 $98,700 $36,800 $61,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202303568

Indiana Regional MLS

APN: 85-10-07-400-011.000-010