514 E Howard St Waveland, IN 47989
Estimated payment $353/month
About This Lot
This versatile property offers a rare opportunity with nearly half an acre of usable land and multiple existing structures, making it perfect for investors, builders, or those seeking a flexible live-work setup. The lot currently features a tenant-occupied trailer, a single-car garage, a separate workshop building, and a lean-to - all ready for your vision. With two water and sewer connections, the parcel is primed for expansion. Add a second trailer for additional rental income, or replace the existing unit with a modular or stick-built home. The current trailer is in generally good condition but could benefit from some updates to unlock its full potential. Whether you're looking to expand your investment portfolio or create your own custom homestead, this property offers endless possibilities in a desirable setting.
Property Details
Property Type
- Land
Lot Details
- 0.44 Acre Lot
Schools
- New Market Elementary School
- Southmont Jr High Middle School
- Southmont Sr High School
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 217
- Assessor Parcel Number 541336111014000006
Map
Home Values in the Area
Average Home Value in this Area
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 | $2,932 | $42,200 | $24,600 | $17,600 |
| 2023 | $1,641 | $37,900 | $19,600 | $18,300 |
| 2022 | $14 | $36,700 | $19,600 | $17,100 |
| 2021 | $13 | $28,200 | $19,600 | $8,600 |
| 2020 | $113 | $28,000 | $19,600 | $8,400 |
| 2019 | $13 | $29,000 | $19,900 | $9,100 |
| 2018 | $123 | $22,400 | $14,100 | $8,300 |
| 2017 | $91 | $20,100 | $14,100 | $6,000 |
| 2016 | $51 | $20,100 | $14,100 | $6,000 |
| 2014 | $404 | $20,200 | $14,100 | $6,100 |
| 2013 | $404 | $20,300 | $14,100 | $6,200 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/07/2025 07/07/25 | For Sale | $55,200 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Available |
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22049247
APN: 54-13-36-111-014.000-006
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Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
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