$52,000
SOLD NOV 17, 2017

531 Michigan St Wabash, IN 46992

3 Beds
1 Bath
1,431 Sq Ft
0.3 Acres

Recently Sold

$36 Per Sq Ft

13% Below List Price

149 Days on Market

Highlights

  • Corner Lot
  • Central Air
  • Carpet
  • 2 Car Detached Garage
  • Wood Siding

About This Home

As of November 2020

Don't MISS this one! Seller says sell it!! Price reduced to sell at $56,000 this 3 bedroom 1.5 story home has lots of space and a private 2 lot yard with 2 garages! Enter the home from the large front porch into this charming home. Enter into the Living room with newer carpeting and plenty of space for your furniture. Onto the dinning room area also with newer carpeting and space for your family dinners. The kitchen features vinyl flooring and a exit into your large backyard. Enter the Master bedroom on the main level of the home through french doors off of the dinning area. Head upstairs where you will find the other two bedrooms waiting for you. When you head outside you will find a private yard great to play in and 2 detached garages with metal roofs that were installed in 2014 and the new electric service ran to the large garage in 2016. Home itself had new wiring in 2014.

Last Agent to Sell the Property

Tisha Strickler

Lundquist Appraisals & Real Estate Listed on: 06/14/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $256

Year Built

  • Built in 1916

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 193x146x127.9
  • Corner Lot
  • Level Lot

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Shingle Roof
  • Metal Roof
  • Wood Siding
  • Masonite
  • Vinyl Construction Material

Interior Spaces

  • 1.5-Story Property

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Partially Finished Basement

  • Block Basement Construction
  • Crawl Space

Location

  • Suburban Location

Utilities

  • Central Air
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 85-14-02-404-081.000-009

Home Details

Home Type

Single Family

Est. Annual Taxes

$256

Year Built

Built in 1916

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1916
  • Age: 101
  • Style: One and Half Story
  • Total Number of Rooms: 6
  • Total Number of Rooms Below Grade: 1
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: BD OF Trade Lots 200 & 201
  • Parcel Number ID: 85-14-02-404-081.000-009
  • Platted: Yes
  • Cross Street: Manchester Ave
  • Improvmnts In Last5 Yrs: Yes
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Road Access: City
  • Road Surface: Asphalt
  • Sp Lp Percent: 92.86
  • Special Features: None

Interior Features

  • Total Sq Ft: 1626
  • Total Finished Sq Ft: 1431
  • Above Grade Finished Sq Ft: 1431
  • Below Grade Sq Ft: 195
  • Basement: Yes
  • Basement Foundation: Crawl, Partial Basement, Unfinished
  • Basement Material: Block
  • Flooring: Carpet, Vinyl
  • Living Great Room: Dimensions: 15x15, On Level: Main
  • Kitchen: Dimensions: 12x14, On Level: Main
  • Dining Room: Dimensions: 13x15, On Level: Main
  • Bedroom 1: Dimensions: 9x18, On Level: Main
  • Bedroom 2: Dimensions: 10x15, On Level: Upper
  • Bedroom 3: Dimensions: 13x15, On Level: Upper
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 195

Exterior Features

  • Exterior: Vinyl, Wood, Masonite
  • Roof Material: Metal, Shingle
  • Outbuilding1: 2nd Detached Garage, Dimensions: 20x12, 240

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 24x24
  • Garage Sq Ft: 576

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas
  • Sewer: City
  • Water Utilities: City

Schools

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

Lot Info

  • Lot Description: Corner, Level
  • Lot Dimensions: 193x146x127.9
  • Estimated Lot Sq Ft: 13068
  • Estimated Lot Size Acres: 0.3

Tax Info

  • Annual Taxes: 256.38

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2020
Closed on
Nov 30, 2020
Sold by
Ozenbaugh James E
Bought by
Harner Blake
Seller's Agent
John Lundquist
Lundquist Appraisals & Real Estate
Buyer's Agent
Barb Drye
Metz Phillipy Real Estate
List Price
$69,900
Sold Price
$65,000
Premium/Discount to List
-$4,900
-7.01%
Current Estimated Value
$119,776

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,776
Avg. Annual Appreciation
14.05%
Original Mortgage
$63,050
Outstanding Balance
$56,868
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$63,227

Purchase Details

Listed on
Jun 14, 2017
Closed on
Nov 17, 2017
Sold by
Turner Cody N
Bought by
Ozenbaugh James E
Seller's Agent
Tisha Strickler
Lundquist Appraisals & Real Estate
List Price
$60,000
Sold Price
$52,000
Premium/Discount to List
-$8,000
-13.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.62%
Original Mortgage
$52,525
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 14, 2015
Sold by
Cruz Tristan T
Bought by
Turner Cody N

Purchase Details

Listed on
Aug 6, 2013
Closed on
Mar 21, 2014
Sold by
Jacoby Julia C
Bought by
Turner Cody N and Cruz Tristan T
Seller's Agent
Lori Siders
Siders Premiere Properties, LLC
Buyer's Agent
Lori Siders
Siders Premiere Properties, LLC
List Price
$39,900
Sold Price
$42,500
Premium/Discount to List
$2,600
6.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.57%
Original Mortgage
$43,367
Interest Rate
4.24%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 21, 2011
Sold by
Jacoby Julia A and Maas Janet D Ver
Bought by
Jacoby Julia A

Purchase Details

Closed on
Dec 3, 2009
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Jacoby Julia A

Purchase Details

Closed on
Sep 15, 2009
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Federal National Mortage Assn

Purchase Details

Closed on
Nov 13, 2007
Sold by
Secretary Of Veterans Affairs
Bought by
Terry Crystal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,500
Interest Rate
6.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 31, 2006
Sold by
Gmac Mortgage
Bought by
Secretary Of Hud
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 Type Sale Price Title Company
Warranty Deed -- None Available
Warranty Deed -- None Available
Quit Claim Deed -- None Available
Warranty Deed -- None Available
Interfamily Deed Transfer -- --
Special Warranty Deed -- --
Sheriffs Deed $36,688 --
Special Warranty Deed -- --
Corporate Deed -- --
Sheriffs Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $63,050 New Conventional
Previous Owner $52,525 New Conventional
Previous Owner $43,367 New Conventional
Previous Owner $40,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2020 11/30/20 Sold $65,000 -7.0% $45 / Sq Ft
10/13/2020 10/13/20 For Sale $69,900 +34.4% $49 / Sq Ft
11/17/2017 11/17/17 Sold $52,000 -13.3% $36 / Sq Ft
11/10/2017 11/10/17 Pending -- -- --
06/14/2017 06/14/17 For Sale $60,000 +41.2% $42 / Sq Ft
03/21/2014 03/21/14 Sold $42,500 +6.5% $30 / Sq Ft
02/19/2014 02/19/14 Pending -- -- --
08/06/2013 08/06/13 For Sale $39,900 -- $28 / 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 $624 $80,400 $12,500 $67,900
2023 $536 $77,000 $12,500 $64,500
2022 $534 $72,900 $12,500 $60,400
2021 $474 $67,600 $12,500 $55,100
2020 $438 $63,700 $12,500 $51,200
2019 $358 $61,500 $12,500 $49,000
2018 $356 $61,100 $12,500 $48,600
2017 $363 $57,700 $12,500 $45,200
2016 $280 $57,300 $12,500 $44,800
2014 $254 $60,800 $12,500 $48,300
2013 -- $63,600 $12,500 $51,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201727143

Indiana Regional MLS

APN: 85-14-02-404-081.000-009