NOT LISTED FOR SALE

6488 S 550 W Wabash, IN 46992

Estimated Value: $123,000 - $240,000

2 Beds
1 Bath
1,872 Sq Ft
$93/Sq Ft Est. Value

Last Sold March 28, 2018

Last sale price $55,000 $29 Per Sq Ft

Est. 215% increase in value since last sale

Current estimated payment $940/month

71 Days on Market

Highlights

  • 2 Car Detached Garage
  • Forced Air Heating System
  • Carpet
  • Eat-In Kitchen

About This Home

As of March 2018

This home is just waiting for someone to love it! Over 1800 sq ft and two car detached garage. Beautiful hardwood floors under carpet in living room just need to be spruced back up. Eat in kitchen. 3 bedroom one bath home in Southwood Schools.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $242

Year Built

  • Built in 1890

Lot Details

  • 0.51 Acre Lot
  • Rural Setting

Parking

  • 2 Car Detached Garage
  • Gravel Driveway

Home Design

  • Metal Roof
  • Vinyl Construction Material

Interior Spaces

  • 1.5-Story Property
  • Crawl Space
  • Eat-In Kitchen
  • Laundry on main level

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Private Company Owned Well
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 851806100011000013

Home Details

Home Type

Single Family

Est. Annual Taxes

$242

Year Built

Built in 1890

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1890
  • Age: 128
  • Style: One and Half Story
  • Total Number of Rooms: 6
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: PT FR NW1/4 6-26-6 .508AC DITCH 511 |
  • Parcel Number ID: 851806100011000013
  • Platted: Yes
  • Amenities: Eat-In Kitchen, Main Floor Laundry
  • Location: Rural
  • Sp Lp Percent: 78.68
  • Special Features: None

Interior Features

  • Total Sq Ft: 1872
  • Total Finished Sq Ft: 1872
  • Above Grade Finished Sq Ft: 1872
  • Price Per Sq Ft: 29.38
  • Basement Foundation: Crawl
  • Flooring: Carpet, Vinyl
  • Bedroom 1: Dimensions: 10x11, On Level: Main
  • Bedroom 2: Dimensions: 14x12, On Level: Upper
  • Bedroom 3: Dimensions: 12x12, On Level: Upper
  • Main Level Sq Ft: 1040
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Metal
  • Outbuilding1: None

Garage/Parking

  • Driveway: Gravel
  • Garage Type: Detached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 32x30
  • Garage Sq Ft: 960
  • Garage: Yes

Utilities

  • Heating Fuel: Forced Air
  • Sewer: Septic
  • Water Utilities: Well
  • Electric Company: REMC
  • Well Type: Private

Schools

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

Lot Info

  • Lot Description: 0-2.9999
  • Lot Dimensions: .0508
  • Estimated Lot Sq Ft: 22128
  • Estimated Lot Size Acres: 0.508

Tax Info

  • Annual Taxes: 95.1
  • Exemptions: Homestead, Mortgage

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2018
Closed on
Mar 28, 2018
Sold by
Beacon Credit Union
Bought by
Harber
List Price
$69,900
Sold Price
$55,000
Premium/Discount to List
-$14,900
-21.32%
Current Estimated Value
$173,415

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,415
Avg. Annual Appreciation
13.85%
Original Mortgage
$49,500
Outstanding Balance
$42,965
Interest Rate
4.38%
Mortgage Type
New Conventional
Estimated Equity
$102,718

Purchase Details

Listed on
Jan 4, 2018
Closed on
Mar 27, 2018
Sold by
Beacon Cu
Bought by
Harber Roger E
List Price
$69,900
Sold Price
$55,000
Premium/Discount to List
-$14,900
-21.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,500
Outstanding Balance
$42,965
Interest Rate
4.38%
Mortgage Type
New Conventional
Estimated Equity
$102,718

Purchase Details

Closed on
Dec 1, 2017
Sold by
Biggs Kameron and Biggs Kristian
Bought by
Beacon Credit Union
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
Harber $55,000 --
Harber Roger E -- None Available
Beacon Credit Union -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harber Roger E $49,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2018 03/28/18 Sold $55,000 -21.3% $29 / Sq Ft
03/16/2018 03/16/18 Pending -- -- --
01/04/2018 01/04/18 For Sale $69,900 -- $37 / 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 $242 $80,400 $12,700 $67,700
2023 $211 $77,300 $12,700 $64,600
2022 $145 $72,500 $12,700 $59,800
2021 $147 $63,400 $10,600 $52,800
2020 $137 $61,700 $10,700 $51,000
2019 $120 $57,400 $10,700 $46,700
2018 $115 $55,900 $10,700 $45,200
2017 $48 $55,400 $10,700 $44,700
2016 $95 $53,500 $9,200 $44,300
2014 $57 $51,700 $9,200 $42,500
2013 $45 $50,700 $9,200 $41,500
Source: Public Records

Map

Source: Indiana Regional MLS

MLS Number: 201800525

Indiana Regional MLS

APN: 85-18-06-100-011.000-013