NOT LISTED FOR SALE

5381 W State Road 124 Wabash, IN 46992

Estimated Value: $288,000 - $331,139

3 Beds
2 Baths
2,052 Sq Ft
$151/Sq Ft Est. Value

Last Sold September 25, 2015

Last sale price $220,000 $107 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $1,794/month

26 Days on Market

Highlights

  • Covered Patio or Porch
  • Circular Driveway
  • Eat-In Kitchen
  • Walk-In Pantry
  • 2 Car Detached Garage
  • Double Pane Windows

About This Home

As of September 2015

This home is as American as apple pie! Nicely updated 2 story farmhouse with over 2,000 sq ft of living area, built before 1880 and located on 2.54 Acres has stood the test of time! When you step into this home you immediately feel welcome with it's nostalgic farmhouse style. Spacious Living Room with plenty of natural sunlight coming in from the large windows. The eat in Kitchen has an eclectic 1950's decor feel with modern functionality and custom Red Quartz counter top (2011) by F&M Tile & Terrazzo of Fort Wayne. The kitchen also has a charming sliding door from Van Dyke's Restorers too! Master Bedroom is on the 1 st floor and has nice hardwood floors. A large den/office is right off of the Master Bedroom. The home has a full bathroom on each floor, 2 large bedrooms on the 2nd floor and also a floored attic that could easily turned into a craft or reading room. The 30 x 64 heated / insulated Pole Barn shop, the 54 x 82 Pole Barn, the 36 x 42 Barn, the Lean to, and the original barn built before 1900, all combined give a storage capacity well over $15,000 sq ft!! Recent updates: Roof (2008), Geothermal Heat /AC, new ductwork, Air Purifier by Jones Contracting (2009), 85% of the home has been professionally rewired with new electric box (by Mike Barker in 2012), New well & Kinetico Water Softener (2009), Newer Vinyl Double Hung Windows and Wood Casements (Anderson), Quartz Kitchen Counter top (2011). ***Washer,Dryer,Refrigerator, and Window AC units for upstairs do NOT remain!*** ****The taxes are high due to the parcel being recently divided off of the original 150+ acres. The new taxes with the home, 2.54 Acres, outbuildings are estimated to be around $800/year with only Homestead exemption. Per Wabash County Assessor's office (06/01/2015).****

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,250

Year Built

  • Built in 1880

Lot Details

  • 2.54 Acre Lot
  • Level Lot

Parking

  • 2 Car Detached Garage
  • Circular Driveway
  • Stone Driveway

Home Design

  • Brick Exterior Construction
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Double Pane Windows
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Walk-In Pantry

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Geothermal Heating and Cooling
  • Private Company Owned Well
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 85-18-06-200-005.000-013

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,250

Year Built

Built in 1880

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1880
  • Age: 135
  • Style: Two Story
  • Total Number of Rooms: 8
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: See Attached Survey
  • Parcel Number ID: 85-18-06-200-005.000-013
  • Platted: Yes
  • Amenities: Eat-In Kitchen, Pantry-Walk In, Porch Covered, Porch Open
  • Improvmnts In Last5 Yrs: Yes
  • Road Surface: Asphalt
  • Sp Lp Percent: 96.07
  • Special Features: None

Interior Features

  • Total Sq Ft: 2999
  • Total Finished Sq Ft: 2052
  • Above Grade Finished Sq Ft: 2052
  • Below Grade Sq Ft: 947
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Living Great Room: Dimensions: 29x14, On Level: Main
  • Kitchen: Dimensions: 11x17, On Level: Main
  • Den: Dimensions: 9x17, On Level: Main
  • Extra Room: Unfinished Attic, Dimensions: 12x15, On Level: Upper
  • Bedroom 1: Dimensions: 11x14, On Level: Main
  • Bedroom 2: Dimensions: 22x10, On Level: Upper
  • Bedroom 3: Dimensions: 11x15, On Level: Upper
  • Main Level Sq Ft: 1380
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 947

Exterior Features

  • Exterior: Brick, Vinyl
  • Outbuilding1: Pole/Post Building, Dimensions: 64x30
  • Outbuilding2: Pole/Post Building, Dimensions: 82x54, 4428

Garage/Parking

  • Driveway: Circular, Stone
  • Garage Type: Detached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 24x22
  • Garage Sq Ft: 528

Utilities

  • Cooling: Geothermal
  • Heating Fuel: Geothermal
  • Sewer: Septic
  • Water Utilities: Well
  • Electric Company: REMC
  • Hvac: Geothermal Hvac
  • Laundry: Dimensions: 6xMain, On Level: 7
  • Well Type: Private

Schools

  • School District: MSD of Wabash County Schools
  • Elementary School: Southwood
  • Middle School: Southwood
  • High School: Southwood

Lot Info

  • Lot Description: Level
  • Lot Dimensions: see attached survey
  • Estimated Lot Sq Ft: 110642
  • Estimated Lot Size Acres: 2.54
  • Zoning: AG General Agriculture District

Green Features

  • Energy Efficient Windows/Doors: Double Pane Windows

Tax Info

  • Annual Taxes: 4250

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 7, 2017
Sold by
Gretschmann Kelly Ann
Bought by
Murphy Todd
Current Estimated Value
$309,285

Purchase Details

Closed on
Dec 21, 2016
Sold by
Murphy Todd
Bought by
Murphy Todd and Gretschmann Kelly Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,682
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Listed on
May 15, 2015
Closed on
Sep 25, 2015
Sold by
Murphy Todd
Bought by
Murphy Todd and Gretschmann Kelly Ann
List Price
$229,000
Sold Price
$220,000
Premium/Discount to List
-$9,000
-3.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.31%
Original Mortgage
$216,015
Interest Rate
4.87%
Mortgage Type
FHA

Purchase Details

Listed on
May 15, 2015
Closed on
Sep 15, 2015
Sold by
Stouffer Acres Inc
Bought by
Murphy Todd
List Price
$229,000
Sold Price
$220,000
Premium/Discount to List
-$9,000
-3.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,015
Interest Rate
4.87%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Murphy Todd -- None Available
Murphy Todd -- Titan Title Services Llc
Murphy Todd -- Titan Title Services Llc
Murphy Todd -- None Available
Murphy Todd -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Murphy Todd $213,682
Previous Owner Murphy Todd $216,015
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/25/2015 09/25/15 Sold $220,000 -3.9% $107 / Sq Ft
06/10/2015 06/10/15 Pending -- -- --
05/15/2015 05/15/15 For Sale $229,000 -- $112 / 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 $1,852 $279,300 $35,800 $243,500
2023 $2,000 $273,300 $35,800 $237,500
2022 $1,570 $264,000 $35,800 $228,200
2021 $1,436 $223,400 $25,700 $197,700
2020 $1,364 $214,600 $25,700 $188,900
2019 $1,321 $217,700 $25,700 $192,000
2018 $1,317 $214,400 $25,700 $188,700
2017 $1,248 $212,400 $25,700 $186,700
2016 -- $189,300 $17,600 $171,700
Source: Public Records

Map

Source: Indiana Regional MLS

MLS Number: 201522131

Indiana Regional MLS

APN: 85-18-06-200-016.000-013