NOT LISTED FOR SALE

5552 E 400 S Wabash, IN 46992

Estimated Value: $272,000 - $617,423

3 Beds
3.5 Baths
5,403 Sq Ft
$90/Sq Ft Est. Value

Last Sold January 29, 2020

Last sale price $402,500 $74 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $3,012/month

146 Days on Market

Highlights

  • Primary Bedroom Suite
  • Open Floorplan
  • Lake, Pond or Stream
  • Waterfront
  • Living Room with Fireplace
  • Vaulted Ceiling

About This Home

As of January 2020

Country living at its finest !! This 10 year old custom built home sitting on over 8 acres of rolling and wooded property offers the best of country living and located just 8 miles south east of Wabash IN or just 3 miles north of St Rd 124 and only minutes from the Salamonie State Forest and Reservoir. As you arrive the crystal blue water of the front pond and fountain will immediately catch your eye and upon entering the home your going to love what you see as you enter an open front foyer centered between a front sitting room and the formal dining area you will be drawn to the recently remodeled kitchen complete with SS appliances and quartz counter tops and also the floor to ceiling stone fireplace centered in a wall of windows overlooking the property from the living room ! From there the main level is also home to a 1/2 bath, large laundry room, and the huge master suite in the west end of the home that includes a walk in closet designed by California Closets, a large master bathroom and patio doors leading out to a private deck. Heading upstairs be sure to take a moment to admire the view from atop looking over to the living area below and out across the rolling property behind the home ! The second level of the home is made up of a large open landing leading to a full bathroom and two 22X20 bedrooms. The fully finished walk out basement is a very versatile space, currently set up for entertaining and also home to the large family room there is a large bonus area that could be easily made into a 4th bedroom, a bar area, family room w/ gas log fireplace, kitchenette area and another full bathroom. take the door in the far wall straight into the large finished 2+ car garage or take the patio doors out to a gorgeous custom patio area complete with outdoor kitchen, lounge area and fire pit. behind the home is a second pond to one side and a 40X60 pole building shop on the other, this building offers 2 12' over head doors, a walk door under the corner porch, concrete floor, insulated & finished interior and a separate 200amp electric service. along with the two fully stocked ponds and rolling yard area the back of the property also has several acres of woods completely trailed and excellent for the outdoorsman or to ride atv's. Don't miss out on this incredible property !!

Last Agent to Sell the Property

John Lundquist

Lundquist Appraisals & Real Estate Listed on: 09/02/2019

Last Buyer's Agent

Robert Lundquist

Lundquist Appraisals & Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,304

Year Built

  • Built in 2009

Lot Details

  • 8.14 Acre Lot
  • Waterfront
  • Backs to Open Ground
  • Rural Setting
  • Landscaped
  • Partially Wooded Lot

Parking

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

Home Design

  • Poured Concrete
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Double Pane Windows
  • Insulated Doors
  • Entrance Foyer
  • Living Room with Fireplace
  • 2 Fireplaces
  • Formal Dining Room
  • Utility Room in Garage
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Stone Countertops
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Double Vanity
  • Bathtub With Separate Shower Stall
  • Garden Bath

Laundry

  • Laundry on main level
  • Electric Dryer Hookup

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump
  • 1 Bathroom in Basement

Outdoor Features

  • Sun Deck
  • Lake, Pond or Stream
  • Covered Patio or Porch

Schools

  • Southwood Elementary And Middle School
  • Southwood High School

Utilities

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

Community Details

  • Community Fire Pit

Listing and Financial Details

  • Assessor Parcel Number 85-15-24-400-020.000-003

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,304

Year Built

Built in 2009

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 2009
  • Age: 11
  • Style: Two Story
  • Total Number of Rooms: 13
  • Total Number of Rooms Below Grade: 3
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 4
  • Total Full Bathrooms: 3
  • Total Number of Half Bathrooms: 1
  • Legal Description: PT SE 1/4 24-27-7 8.14AC
  • Parcel Number ID: 85-15-24-400-020.000-003
  • Platted: Yes
  • Amenities: Bar, Ceiling Fan(s), Ceilings-Vaulted, Closet(s) Walk-in, Countertops-Stone, Deck Open, Deck on Waterfront, Detector-Smoke, Disposal, Dryer Hook Up Electric, Eat-In Kitchen, Firepit, Foyer Entry, Garage Door Opener, Garden Tub, Landscaped, Open Floor Plan, Patio Covered, Porch Covered, Twin Sink Vanity, Stand Up Shower, Tub and Separate Shower, Tub/Shower Combination, Main Level Bedroom Suite, Formal Dining Room, Main Floor Laundry, Sump Pump, Custom Cabinetry, Garage Utilities
  • Improvmnts In Last5 Yrs: Yes
  • Location: Rural
  • Sp Lp Percent: 89.64
  • County Zoning: Unknown
  • Year Taxes Payable: 2019
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 5403
  • Total Finished Sq Ft: 5403
  • Above Grade Finished Sq Ft: 3293
  • Below Grade Finished Sq Ft: 2110
  • Price Per Sq Ft: 122.23
  • Basement: Yes
  • Basement Foundation: Full Basement, Walk-Out Basement
  • Basement Material: Poured Concrete
  • Number Of Fireplaces: 2
  • Fireplace: Family Rm, Living/Great Rm, Gas Log
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Laminate
  • Living Great Room: Dimensions: 25x19, On Level: Main
  • Kitchen: Dimensions: 17x13, On Level: Main
  • Dining Room: Dimensions: 11x13, On Level: Main
  • Family Room: Dimensions: 25x19, On Level: Lower
  • Recreation Room: Dimensions: 16x13, On Level: Lower
  • Bedroom 1: Dimensions: 17x13, On Level: Main
  • Bedroom 2: Dimensions: 22x20, On Level: Upper
  • Bedroom 3: Dimensions: 21x20, On Level: Upper
  • Number Below Grade Bathrooms: 1
  • Number of Below Grade Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 1
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 2110

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt, Shingle
  • Outbuilding1: Pole/Post Building, Dimensions: 60x40, 2400

Garage/Parking

  • Driveway: Gravel
  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 26x24
  • Garage Sq Ft: 624
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Forced Air, Geothermal
  • Sewer: Septic
  • Water Utilities: Well
  • Hvac: Geothermal Hvac
  • Laundry: Dimensions: Mainx6, On Level: 10
  • Water Type: Pond
  • Well Type: Private

Schools

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

Lot Info

  • Lot Description: Partially Wooded
  • Lot Dimensions: see attached plat map
  • Estimated Lot Sq Ft: 354578
  • Estimated Lot Size Acres: 8.14

Green Features

  • Energy Efficient Windows/Doors: Double Pane Windows, Insulated Doors

Tax Info

  • Annual Taxes: 2303.9
  • Exemptions: Geothermal, Homestead, Mortgage

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

Closed on
Mar 11, 2021
Sold by
Minnich Tod C and Trowbridge Amy B
Bought by
Minnich Tod C
Current Estimated Value
$488,808

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,400
Outstanding Balance
$270,825
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$232,498

Purchase Details

Listed on
Sep 2, 2019
Closed on
Jan 29, 2020
Sold by
Adsit Gary L and Allen Heather L
Bought by
Minnich Tod C and Trowbridge Amy B
Seller's Agent
John Lundquist
Lundquist Appraisals & Real Estate
Buyer's Agent
Robert Lundquist
Lundquist Appraisals & Real Estate
List Price
$510,000
Sold Price
$402,500
Premium/Discount to List
-$107,500
-21.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.09%
Original Mortgage
$352,500
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 3, 2017
Closed on
Aug 16, 2017
Sold by
Meyer
Bought by
Adsit Adsit
Seller's Agent
Carl Mygrant
Century 21 The Property Shoppe
List Price
$349,900
Sold Price
$335,000
Premium/Discount to List
-$14,900
-4.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.78%
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
Minnich Tod C -- None Available
Minnich Tod C $402,500 Wabash Valley Abstract, Inc
Adsit Adsit $335,000 --
Adsit Gary L $335,000 Fidelity National Title Comp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Minnich Tod C $350,400
Closed Minnich Tod C $43,800
Closed Minnich Tod C $12,800
Closed Minich Tod C $354,000
Closed Minnich Tod C $352,500
Previous Owner Adsit Gary L $137,500
Previous Owner Meyer Scott A $15,774
Closed Adsit Gary L $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2020 01/29/20 Sold $402,500 -10.4% $74 / Sq Ft
01/26/2020 01/26/20 Pending -- -- --
10/30/2019 10/30/19 Price Changed $449,000 -9.9% $83 / Sq Ft
09/25/2019 09/25/19 Price Changed $498,500 -2.3% $92 / Sq Ft
09/02/2019 09/02/19 For Sale $510,000 +52.2% $94 / Sq Ft
08/16/2017 08/16/17 Sold $335,000 -4.3% $63 / Sq Ft
07/13/2017 07/13/17 Pending -- -- --
07/03/2017 07/03/17 For Sale $349,900 -- $65 / 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 $4,191 $531,800 $73,900 $457,900
2023 $4,045 $517,700 $73,900 $443,800
2022 $3,141 $460,600 $73,900 $386,700
2021 $2,978 $404,700 $61,900 $342,800
2020 $2,621 $373,400 $50,000 $323,400
2019 $2,297 $344,600 $50,000 $294,600
2018 $2,280 $340,800 $50,000 $290,800
2017 $1,867 $297,400 $50,700 $246,700
2016 $1,496 $300,400 $50,700 $249,700
2014 $1,358 $286,400 $50,700 $235,700
2013 $1,334 $282,500 $50,700 $231,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201938448

Indiana Regional MLS

APN: 85-15-24-400-020.000-003