NOT LISTED FOR SALE

619 Gillen Ave Wabash, IN 46992

Estimated Value: $64,000 - $169,000

3 Beds
2 Baths
1,761 Sq Ft
$72/Sq Ft Est. Value

Last Sold March 29, 2023

Last sale price $60,000 $34 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $746/month

Highlights

  • Corner Lot
  • Ceiling Fan
  • Vinyl Flooring
  • Forced Air Heating System

About This Home

As of March 2023

SOLD WHEN LISTED.

Last Agent to Sell the Property

Michael Bright

Lundquist Appraisals & Real Estate Listed on: 03/29/2023

Last Buyer's Agent

Michael Bright

Lundquist Appraisals & Real Estate Listed on: 03/29/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,161

Year Built

  • Built in 1921

Lot Details

  • 7,275 Sq Ft Lot
  • Lot Dimensions are 50x144
  • Corner Lot

Parking

  • 2 Parking Spaces

Home Design

  • Duplex

Interior Spaces

  • 1,761 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Vinyl Flooring
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Oj Neighbors Elementary School
  • Wabash Middle School
  • Wabash High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for electric, heating, sewer, water
  • The owner pays for tax
  • Assessor Parcel Number 85-14-02-404-018.000-009

Community Details

Overview

  • 2 Units
  • Board Of Trade Subdivision

Building Details

  • Maintenance Expense $1,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,161

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1921
  • Style: One Story
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: BD OF TRADE 26 619 GILLEN AVE
  • Parcel Number ID: 85-14-02-404-018.000-009
  • Platted: Yes
  • Amenities: Ceiling Fan
  • Sp Lp Percent: 100
  • Annual Miscellaneous: 1000
  • Monthly Gross Income: 1000
  • Year Taxes Payable: 2023
  • Special Features: None

Interior Features

  • Total Sq Ft: 1761
  • Total Finished Sq Ft: 1761
  • Above Grade Finished Sq Ft: 1761
  • Price Per Sq Ft: 34.07
  • Basement: Yes
  • Basement Foundation: Partial Basement
  • Flooring: Vinyl
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Aluminum
  • Stories: 1.5

Garage/Parking

  • Number Of Parking Spaces: 2

Utilities

  • Cooling: Wall AC
  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Maintenance Expense: 1000
  • Number Of W D Hookups: 1

Schools

  • School District: Wabash City Schools
  • Elementary School: OJ Neighbors
  • Middle School: Wabash
  • High School: Wabash
  • Elementary School: OJ Neighbors

Lot Info

  • Lot Description: Corner
  • Lot Dimensions: 50X144
  • Estimated Lot Sq Ft: 7275
  • Estimated Lot Size Acres: 0.167

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Tax
  • Tenant Pays: Electric, Heating, Sewer, Water

Multi Family

  • Gross Monthly Rent: 1000
  • Number Of Dryers: 1
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Number Of Washers: 1
  • Num Of1 Bedrooms: 1
  • Num Of2 Bedrooms: 1
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 1161

MLS Schools

  • High School: Wabash
  • Middle School: Wabash
  • School District: Wabash City Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 14, 2023
Sold by
Vesta I Re Llc
Bought by
Bright Michael
Current Estimated Value
$126,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Outstanding Balance
$280,216
Interest Rate
6.46%
Mortgage Type
New Conventional
Estimated Equity
-$162,883

Purchase Details

Listed on
Mar 29, 2023
Closed on
Mar 29, 2023
Sold by
Vesta I Re Llc
Bought by
Bright Michael
Seller's Agent
Michael Bright
Lundquist Appraisals & Real Estate
Buyer's Agent
Michael Bright
Lundquist Appraisals & Real Estate
List Price
$60,000
Sold Price
$60,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.77%

Purchase Details

Closed on
Apr 11, 2008
Sold by
Siders Darin A and Siders Lisa L
Bought by
Vesta I Re Llc

Purchase Details

Closed on
Aug 22, 2007
Sold by
Rice Gary A
Bought by
Siders Darin A and Siders Lisa L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,882
Interest Rate
6.77%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Bright Michael $60,000 None Listed On Document
Bright Michael $60,000 --
Vesta I Re Llc -- --
Siders Darin A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bright Michael $300,000
Previous Owner Siders Darin A $36,882
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2023 03/29/23 Sold $60,000 0.0% $34 / Sq Ft
03/29/2023 03/29/23 Pending -- -- --
03/29/2023 03/29/23 For Sale $60,000 -- $34 / 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 $924 $46,200 $7,800 $38,400
2023 $1,188 $59,400 $7,800 $51,600
2022 $1,112 $55,600 $7,800 $47,800
2021 $1,034 $51,700 $7,800 $43,900
2020 $1,072 $53,600 $7,800 $45,800
2019 $1,026 $51,300 $7,800 $43,500
2018 $1,018 $50,900 $7,800 $43,100
2017 $1,014 $49,500 $7,800 $41,700
2016 $996 $48,600 $7,800 $40,800
2014 $931 $48,800 $7,800 $41,000
2013 $958 $47,900 $7,800 $40,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202309205

Indiana Regional MLS

APN: 85-14-02-404-018.000-009