NOT LISTED FOR SALE

5510 N Wabash Rd Marion, IN 46952

Estimated Value: $295,000 - $385,000

3 Beds
3.5 Baths
2,505 Sq Ft
$132/Sq Ft Est. Value

Last Sold February 10, 2020

Last sale price $187,500 $75 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $1,926/month

60 Days on Market

Highlights

  • Living Room with Fireplace
  • Partially Wooded Lot
  • Covered Patio or Porch
  • Ranch Style House
  • Wood Flooring
  • Formal Dining Room

About This Home

As of February 2020

One Owner Sprawling Ranch on 5.43 Acres of gorgeous wooded setting in Oak Hill School District! Awesome Apartment Style Addition built 6 years ago and is ideally suited for separate living quarters. There are 3 Bedrooms & 3.5 Baths. Foyer Entry, Formal Living Room, Formal Dining Room, Separate Family Room. Kitchen has been fully remodeled within last couple years with brand new cabinetry, back splash, & all appliances that remain. Natural Hardwood Flooring throughout home under all carpeting. Brand New Roof in process of being installed November 2019. New Replacement Windows throughout. 2 Car Attached Garage plus 27x40 Pole Building w/ concrete floor & electricity. Composite Style Decking overlooks rear yard. Superb Setting! Great Opportunity for new ownership awaits!

Last Agent to Sell the Property

Joe Schroder

RE/MAX Realty One Listed on: 11/04/2019

RE/MAX Realty One

Last Buyer's Agent

Ronald Huston

Metz Phillipy Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,171

Year Built

  • Built in 1966

Lot Details

  • 5.43 Acre Lot
  • Rural Setting
  • Partially Fenced Property
  • Level Lot
  • Partially Wooded Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Gravel Driveway
  • Off-Street Parking

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Shingle Roof
  • Asphalt Roof
  • Stone Exterior Construction
  • Vinyl Construction Material

Interior Spaces

  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Wood Burning Fireplace
  • Entrance Foyer
  • Living Room with Fireplace
  • 2 Fireplaces
  • Formal Dining Room
  • Crawl Space
  • Storage In Attic
  • Fire and Smoke Detector

Kitchen

  • Gas Oven or Range
  • Laminate Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • In-Law or Guest Suite
  • Bathtub with Shower
  • Garden Bath
  • Separate Shower

Laundry

  • Laundry on main level
  • Washer and Electric Dryer Hookup

Outdoor Features

  • Covered Patio or Porch

Schools

  • Converse/Sweetser/Swayzee Elementary School
  • Oak Hill Middle School
  • Oak Hill High School

Utilities

  • Central Air
  • Heat Pump System
  • Hot Water Heating System
  • Heating System Uses Gas
  • Private Company Owned Well
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 27-03-11-200-006.000-022

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,171

Year Built

Built in 1966

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1966
  • Age: 54
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 9
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 4
  • Total Full Bathrooms: 3
  • Total Number of Half Bathrooms: 1
  • Legal Description: 03-01-134.04 OH NW SEC 11; 5.43 A
  • Parcel Number ID: 27-03-11-200-006.000-022
  • Platted: Yes
  • Amenities: 1st Bdrm En Suite, Attic Storage, Ceiling-9+, Ceiling Fan(s), Countertops-Laminate, Deck Open, Detector-Smoke, Disposal, Dryer Hook Up Electric, Foyer Entry, Garage Door Opener, Jet/Garden Tub, Guest Quarters, Porch Covered, Range/Oven Hook Up Gas, Stand Up Shower, Tub/Shower Combination, Formal Dining Room, Main Floor Laundry, Washer Hook-Up
  • Improvmnts In Last5 Yrs: Yes
  • Location: Rural
  • Road Access: County
  • Road Surface: Asphalt
  • Sp Lp Percent: 93.8
  • County Zoning: Other
  • Year Taxes Payable: 2019
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 2505
  • Total Finished Sq Ft: 2505
  • Above Grade Finished Sq Ft: 2505
  • Price Per Sq Ft: 74.85
  • Basement Foundation: Crawl
  • Number Of Fireplaces: 2
  • Fireplace: Family Rm, Living/Great Rm, Wood Burning, Two
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood Floors, Tile, Vinyl
  • Living Great Room: Dimensions: 21x13, On Level: Main
  • Kitchen: Dimensions: 17x11, On Level: Main
  • Dining Room: Dimensions: 12x12, On Level: Main
  • Family Room: Dimensions: 18x11, On Level: Main
  • Recreation Room: Dimensions: 20x19, On Level: Main
  • Bedroom 1: Dimensions: 15x13, On Level: Main
  • Bedroom 2: Dimensions: 11x11, On Level: Main
  • Bedroom 3: Dimensions: 11x10, On Level: Main
  • Main Level Sq Ft: 2505
  • Number of Main Level Full Bathrooms: 3
  • Number of Main Level Half Bathrooms: 1

Exterior Features

  • Exterior: Brick, Stone, Vinyl
  • Roof Material: Asphalt, Shingle
  • Outbuilding1: Pole/Post Building, Dimensions: 40x27, 1080
  • Fence: Partial

Garage/Parking

  • Driveway: Gravel
  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 26x22
  • Garage Sq Ft: 572
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Electric, Gas, Hot Water, Heat Pump
  • Sewer: Septic
  • Water Utilities: Well
  • Electric Company: AEP/I&M
  • Gas Company: CenterPoint Energy
  • Cable Company: DirectTV, Dish Network
  • Laundry: Dimensions: Mainx6, On Level: 7
  • Well Type: Private

Schools

  • School District: Oak Hill United School Corp.
  • Elementary School: Converse/Sweetser/Swayzee
  • Middle School: Oak Hill
  • High School: Oak Hill
  • Elementary School: Converse/Sweetser/Swayzee

Lot Info

  • Lot Description: Level, Partially Wooded, 3-5.9999
  • Lot Dimensions: 5.43A
  • Estimated Lot Sq Ft: 236531
  • Estimated Lot Size Acres: 5.43

Tax Info

  • Annual Taxes: 1170.68
  • Exemptions: Over 65, Homestead, Mortgage

MLS Schools

  • High School: Oak Hill
  • Middle School: Oak Hill
  • School District: Oak Hill United School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2019
Closed on
Feb 10, 2020
Sold by
Riley Ft
Bought by
Johnson Duane and Johnson Lizette
Seller's Agent
Joe Schroder
RE/MAX Realty One
Buyer's Agent
Ronald Huston
Metz Phillipy Real Estate
List Price
$199,900
Sold Price
$187,500
Premium/Discount to List
-$12,400
-6.2%
Current Estimated Value
$331,440

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$143,940
Avg. Annual Appreciation
10.61%
Original Mortgage
$178,125
Outstanding Balance
$157,717
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$173,723
Source: Public Records

Range of Values:

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Average Value
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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
Johnson Duane -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Duane $178,125
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/10/2020 02/10/20 Sold $187,500 -6.2% $75 / Sq Ft
01/03/2020 01/03/20 Pending -- -- --
11/04/2019 11/04/19 For Sale $199,900 -- $80 / 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 $1,943 $259,300 $39,400 $219,900
2023 $1,739 $218,100 $39,400 $178,700
2022 $1,878 $199,600 $30,900 $168,700
2021 $1,633 $178,800 $30,900 $147,900
2020 $1,589 $182,200 $29,400 $152,800
2019 $899 $174,800 $29,400 $145,400
2018 $1,187 $165,500 $29,400 $136,100
2017 $1,080 $167,500 $29,400 $138,100
2016 $653 $169,900 $29,400 $140,500
2014 $1,016 $174,100 $32,400 $141,700
2013 $1,016 $136,000 $29,400 $106,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201948338

Indiana Regional MLS

APN: 27-03-11-200-006.000-022