$115,000
SOLD AUG 8, 2025

5476 E 500 S Wabash, IN 46992

8 Acres
$14,375 Price per Acre
348,480 Sq Ft Lot

Recently Sold

$58 Per Sq Ft

0 Day on Market

About This Lot

As of August 2025

This home is located at 5476 E 500 S, Wabash, IN 46992 and is currently priced at $115,000, approximately $58 per square foot. 5476 E 500 S is a home located in Wabash County.

Last Agent to Sell the Property

Jennie Terrell

Terrell Realty Group, LLC Brokerage Phone: 260-571-1246 Listed on: 06/02/2025

Last Buyer's Agent

Jennie Terrell

Terrell Realty Group, LLC Brokerage Phone: 260-571-1246 Listed on: 06/02/2025

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,300

Lot Details

  • 8 Acre Lot
  • Property fronts an easement
  • Finished Lot(s)

Schools

  • Southwood Elementary And Middle School
  • Southwood High School

Listing and Financial Details

  • Assessor Parcel Number 85-15-25-300-018.000-003

Property Details

Property Type

Land

Est. Annual Taxes

$2,300

Lot Details

0

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Residential Land
  • Legal Description: PT E1/2 SW1/4 25-27-7 15.30AC DITCH 630--8ACRES TBD
  • Parcel Number ID: 85-15-25-300-018.000-003
  • Platted: Yes
  • Road Access: County
  • Road Surface: Paved
  • Parcel Description: Heavily Wooded
  • Type of Sale: Traditional
  • Type Use: Residential
  • Special Features: None

Exterior Features

  • Road Frontage: Easement

Schools

  • Elementary School: Southwood

Lot Info

  • Lot Dimensions: 348480
  • Estimated Lot Sq Ft: 348480
  • Estimated Lot Size Acres: 8
  • Easements: Yes

Tax Info

  • Annual Taxes: 2300.18

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2025
Closed on
Aug 8, 2025
Sold by
Gressley Jeffrey E and Gressley Rita R
Bought by
Davidson Cody
Seller's Agent
Jennie Terrell
Terrell Realty Group, LLC
Buyer's Agent
Jennie Terrell
Terrell Realty Group, LLC
List Price
$115,000
Sold Price
$115,000
Views
5
Current Estimated Value
$221,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,333
Avg. Annual Appreciation
936.41%
Original Mortgage
$86,250
Outstanding Balance
$86,078
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$135,255

Purchase Details

Closed on
Apr 28, 2022
Sold by
Renee Gressley Cassie
Bought by
Gressley Jeffrey E and Gressley Rita R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,800
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 22, 2015
Sold by
Gressley Jeffrey E and Gressley Rita R
Bought by
Gressley Cassie Renee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
4.05%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed $100,000 Andrews & Crell Pc
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $86,250 New Conventional
Previous Owner $59,800 New Conventional
Previous Owner $60,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/08/2025 08/08/25 Sold $115,000 0.0% $58 / Sq Ft
06/02/2025 06/02/25 Pending -- -- --
06/02/2025 06/02/25 For Sale $115,000 -- $58 / 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 $2,256 $263,800 $86,500 $177,300
2023 $2,174 $255,600 $86,500 $169,100
2022 $1,773 $250,000 $86,500 $163,500
2021 $2,842 $218,100 $70,700 $147,400
2020 $2,836 $217,700 $70,700 $147,000
2019 $2,461 $196,300 $70,700 $125,600
2018 $2,370 $191,700 $70,700 $121,000
2017 $2,200 $186,100 $70,700 $115,400
2016 $1,085 $185,600 $70,700 $114,900
2014 $965 $182,100 $70,700 $111,400
2013 $991 $180,700 $70,700 $110,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202520714

Indiana Regional MLS

APN: 85-15-25-300-018.000-003