Seller's Agent in 2024
Jordan Wildman
eXp Realty, LLC
(260) 498-0384
245 Total Sales
541 W Hill St Wabash, IN 46992
Estimated Value: $148,000 - $197,000
5
Beds
3
Baths
3,036
Sq Ft
$58/Sq Ft
Est. Value
Highlights
- 2 Car Detached Garage
- Forced Air Heating and Cooling System
- Wood Siding
- Laundry in Utility Room
- Level Lot
- 3-minute walk to Wabash City Park
About This Home
As of July 2024Investors seeking immediate rental income, look no further! This well-maintained triplex in Wabash, Indiana boasts three fully occupied units with flexible month-to-month leases. Two spacious one-bedroom units and a comfortable two-bedroom unit cater to various tenant needs. All units come equipped with a refrigerator, oven, and access to washer and dryer facilities. Central air plus gas-forced heating ensures comfort. Two off-street parking spots offer convenient parking, while an on-site garage provides ample storage for the owner. The building has 1 meter per utility with the owner currently covering all utilities and lawncare. Future rent adjustments and utility RUBS offer further income potential. This turnkey investment boasts established tenants and excellent income – a perfect addition to any investor's portfolio. The property is sold as-is.
Last Agent to Sell the Property
eXp Realty, LLC Brokerage Phone: 260-498-0384 Listed on: 05/30/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,108
Year Built
- Built in 1910
Lot Details
- 8,712 Sq Ft Lot
- Lot Dimensions are 66x132
- Level Lot
Parking
- 2 Car Detached Garage
Home Design
- Triplex
- Wood Siding
Interior Spaces
- 3-Story Property
- Basement Fills Entire Space Under The House
- Laundry in Utility Room
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Full Bathrooms
Schools
- Oj Neighbors Elementary School
- Wabash Middle School
- Wabash High School
Utilities
- Forced Air Heating and Cooling System
Listing and Financial Details
- Tenant pays for cable, snow removal, deposit value
- The owner pays for building insurance, cooling, electric, fuel, heating, lawn maintenance, maintenance, sewer, tax, trash collection, water
- Assessor Parcel Number 85-14-40-402-128.000-009
Community Details
Overview
- 3 Units
Building Details
- 1 Separate Electric Meter
- 1 Separate Gas Meter
- 1 Separate Water Meter
- Electric Expense $2,100
- Fuel Expense $2,000
- Insurance Expense $1,168
- Maintenance Expense $1,000
- Water Sewer Expense $1,200
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 30, 2024
Closed on
Jul 12, 2024
Sold by
Wabash Residences Llc
Bought by
Sjc Holdings Llc
Seller's Agent
Jordan Wildman
eXp Realty, LLC
Buyer's Agent
Amanda Zumbrun
Siders Premiere Properties, LLC
List Price
$179,900
Sold Price
$160,000
Premium/Discount to List
-$19,900
-11.06%
Views
7
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,802
Avg. Annual Appreciation
5.55%
Original Mortgage
$512,000
Outstanding Balance
$502,891
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
-$331,987
Purchase Details
Closed on
Oct 17, 2018
Sold by
Monroe Michael R and Monroe Lisa R
Bought by
Abundant Life Properties Llc
Purchase Details
Listed on
Oct 31, 2016
Closed on
Oct 31, 2016
Sold by
Yohe C Elden
Bought by
Monroe Michael R and Monroe Lisa R
List Price
$35,000
Sold Price
$35,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.46%
Original Mortgage
$145,000
Interest Rate
3.48%
Mortgage Type
Unknown
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Sjc Holdings Llc | $211,200 | None Listed On Document | |
| Abundant Life Properties Llc | -- | None Available | |
| Monroe Michael R | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Sjc Holdings Llc | $512,000 | |
| Previous Owner | Monroe Michael R | $145,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/12/2024 07/12/24 | Sold | $160,000 | -11.1% | $53 / Sq Ft |
| 05/31/2024 05/31/24 | For Sale | $179,900 | +414.0% | $59 / Sq Ft |
| 10/31/2016 10/31/16 | Sold | $35,000 | 0.0% | $12 / Sq Ft |
| 10/31/2016 10/31/16 | Pending | -- | -- | -- |
| 10/31/2016 10/31/16 | For Sale | $35,000 | -- | $12 / Sq Ft |
Source: Indiana Regional MLS
Tax History Compared to Growth
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 | $3,162 | $158,100 | $13,200 | $144,900 |
| 2023 | $3,108 | $155,400 | $13,200 | $142,200 |
| 2022 | $2,786 | $139,300 | $13,200 | $126,100 |
| 2021 | $2,352 | $117,600 | $13,200 | $104,400 |
| 2020 | $858 | $42,900 | $13,200 | $29,700 |
| 2019 | $842 | $42,100 | $13,200 | $28,900 |
| 2018 | $820 | $41,000 | $13,200 | $27,800 |
| 2017 | $1,554 | $76,500 | $13,200 | $63,300 |
| 2016 | $1,558 | $76,700 | $13,200 | $63,500 |
| 2014 | $1,450 | $76,000 | $13,200 | $62,800 |
| 2013 | $1,490 | $74,500 | $13,200 | $61,300 |
Source: Public Records
Agents Affiliated with this Home
-
Jordan Wildman
-
Amanda Zumbrun
A
Buyer's Agent in 2024
Amanda Zumbrun
Siders Premiere Properties, LLC
(260) 228-0470
15 Total Sales
Map
Source: Indiana Regional MLS
MLS Number: 202419412
APN: 85-14-40-402-128.000-009
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