$255,000
SOLD MAY 20, 2020

650 Lems Way Wabash, IN 46992

4 Beds
2.5 Baths
3,872 Sq Ft
0.66 Acres

Recently Sold

$66 Per Sq Ft

11% Below List Price

739 Days on Market

Highlights

  • Open Floorplan
  • Cathedral Ceiling
  • Great Room
  • Backs to Open Ground
  • Whirlpool Bathtub
  • Solid Surface Countertops

About This Home

As of October 2024

Custom built 2 story home with around 3,872 sq ft of living area. Large lot approximately .66 acres in size. 4-bedrooms, 2.5 baths. Huge family room with a cathedral ceiling and a stone front wood burning fireplace. There is a stone front wet bar off the family room. Formal dining room. Nice kitchen with custom oak cabinets Corian counter tops, breakfast bar and pantry in kitchen. Formal living room. Large master bedroom and private master bath with a whirlpool tub (has its own 50 gal water heater) Cathedral ceiling and separate shower on the main level. New carpet just installed in the master bath in 2019. Solid oak 6 panel doors and custom oak trim throughout. Open custom oak stairway with stone accent to second floor balcony and loft room. 3 additional huge bedrooms and a full bath on the second floor. All Pella windows with inter blinds and exterior doors. New Pella windows installed on the front of the home in 2014. Exterior is stained cedar, Cedar on the front was replaced in 2014. Huge multi level rear deck recently restained. Closed loop geothermal heating and cooling system new in 2007 and the compressor and thermostat were replaced in 2019. 2 water heaters new in 2019. Large walk-in closets with each bedroom. Reverse osmosis drinking water system. Central vacuum system. 2 car attached garage with plenty of additional yard space to add a third garage bay. 2 garage doors were replaced in 2018. 8 x 12 storage shed. Large attic area could be finished into additional living area if desired. Concrete driveway. very nice large private back yard. Seller has just installed new waterproof plank floor coverings in the master bedroom, master bath and second floor bath. The roof was replaced on the north side of the home in 2014 with new 30 yr dimensional shingles. Shingles on the back side of the home are also 30 yr shingles and 15 years old. New dishwasher installed in 2020.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,316

Year Built

  • Built in 1990

Lot Details

  • 0.66 Acre Lot
  • Backs to Open Ground
  • Cul-De-Sac
  • Landscaped
  • Level Lot

HOA Fees

  • $13 Monthly HOA Fees

Parking

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

Home Design

  • Shingle Roof
  • Asphalt Roof
  • Cedar

Interior Spaces

  • 3,872 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wired For Data
  • Bar
  • Woodwork
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Double Pane Windows
  • Entrance Foyer
  • Great Room
  • Formal Dining Room
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Breakfast Bar
  • Electric Oven or Range
  • Kitchen Island
  • Solid Surface Countertops
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry on main level
  • Electric Dryer Hookup

Eco-Friendly Details

  • Energy-Efficient Windows
  • Energy-Efficient HVAC

Schools

  • Metro North/Sharp Creek Elementary School
  • Northfield Middle School
  • Northfield High School

Utilities

  • Central Air
  • Heat Pump System
  • Geothermal Heating and Cooling
  • Cable TV Available

Additional Features

  • Covered patio or porch
  • Suburban Location

Listing and Financial Details

  • Assessor Parcel Number 85-14-10-100-016.000-008

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,316

Year Built

Built in 1990

Lot Details

0

HOA Fees

$13 per month

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1990
  • Age: 30
  • Style: Two Story
  • Total Number of Rooms: 13
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 3
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Legal Description: Pine Knoll Estates Lot 16
  • Parcel Number ID: 85-14-10-100-016.000-008
  • Platted: Yes
  • Amenities: 1st Bdrm En Suite, Bar, Breakfast Bar, Cable Ready, Ceiling-9+, Ceiling-Cathedral, Ceiling Fan(s), Countertops-Solid Surf, Deck Open, Detector-Smoke, Disposal, Dryer Hook Up Electric, Foyer Entry, Garage Door Opener, Jet Tub, Kitchen Island, Landscaped, Natural Woodwork, Open Floor Plan, Porch Covered, Range/Oven Hook Up Elec, Six Panel Doors, Wiring-Data, Stand Up Shower, Tub and Separate Shower, Tub/Shower Combination, Formal Dining Room, Great Room, Main Floor Laundry, Custom Cabinetry
  • Cross Street: Falls Ave
  • Improvmnts In Last5 Yrs: Yes
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Road Access: City
  • Road Surface: Asphalt
  • Sp Lp Percent: 92.73
  • Year Taxes Payable: 2019 pay 2020
  • Special Features: None

Interior Features

  • Total Sq Ft: 3872
  • Total Finished Sq Ft: 3872
  • Above Grade Finished Sq Ft: 3872
  • Price Per Sq Ft: 65.86
  • Basement Foundation: Crawl
  • Number Of Fireplaces: 1
  • Fireplace: Family Rm, Wood Burning
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl, Ceramic Tile
  • Living Great Room: Dimensions: 17x13, On Level: Main
  • Kitchen: Dimensions: 13x12, On Level: Main
  • Dining Room: Dimensions: 14x13, On Level: Main
  • Family Room: Dimensions: 30x18, On Level: Main
  • Den: Dimensions: 17x9, On Level: Upper
  • Extra Room: foyer, Dimensions: 6x5, On Level: Main
  • Bedroom 1: Dimensions: 19x14, On Level: Main
  • Bedroom 2: Dimensions: 26x14, On Level: Upper
  • Bedroom 3: Dimensions: 23x14, On Level: Upper
  • Bedroom 4: Dimensions: 21x11, On Level: Upper
  • Other Room1: Bar, Dimensions: 8x5, On Level: Main
  • Loft: Dimensions: 11x10, On Level: Upper
  • Number of Main Level Full Bathrooms: 1
  • Number of Main Level Half Bathrooms: 1

Exterior Features

  • Exterior: Cedar
  • Roof Material: Asphalt, Shingle
  • Outbuilding1: Shed, Dimensions: 8x12

Garage/Parking

  • Driveway: Concrete
  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 24x24
  • Garage Sq Ft: 576
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air, Geothermal
  • Heating Fuel: Electric, Geothermal, Heat Pump
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Duke Energy Indiana
  • Gas Company: NIPSCO
  • Water Company: Indiana American Water Co
  • Cable Company: Comcast, Cinergy MetroNet
  • Hvac: Geo Heat (Closed Loop)
  • Laundry: Dimensions: Mainx3, On Level: 6

Condo/Co-op/Association

  • Association Restrictions: Yes
  • Association Fees: 150
  • Association Fees Frequency: Annually
  • Other Fee Description: Maintaining entrance and detention pond

Schools

  • School District: MSD of Wabash County Schools
  • Elementary School: Metro North/Sharp Creek
  • Middle School: Northfield
  • High School: Northfield
  • Elementary School: Metro North/Sharp Creek

Lot Info

  • Lot Description: Cul-De-Sac, Level
  • Lot Dimensions: See attached plat
  • Estimated Lot Sq Ft: 28750
  • Estimated Lot Size Acres: 0.66

Green Features

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

Tax Info

  • Annual Taxes: 2316.14
  • Exemptions: Geothermal, Homestead, Mortgage

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2024
Closed on
Oct 25, 2024
Sold by
Buckley Thomas and Buckley Sandra
Bought by
White Christopher J and Vrooman Kylee J
Seller's Agent
Julie Hall
Patton Hall Real Estate
Buyer's Agent
Jennie Terrell
Terrell Realty Group, LLC
List Price
$350,000
Sold Price
$350,000
Views
16
Current Estimated Value
$362,001

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,001
Avg. Annual Appreciation
3.27%
Original Mortgage
$280,000
Outstanding Balance
$278,645
Interest Rate
6.2%
Mortgage Type
New Conventional
Estimated Equity
$78,991

Purchase Details

Listed on
Apr 26, 2023
Closed on
Jun 28, 2023
Sold by
Swan Brent A and Swan Danielle J
Bought by
Buckley Thomas and Buckley Sandra
Seller's Agent
Jennie Terrell
Terrell Realty Group, LLC
Buyer's Agent
Jennie Terrell
Terrell Realty Group, LLC
List Price
$330,000
Sold Price
$325,000
Premium/Discount to List
-$5,000
-1.52%
Views
165

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.73%
Original Mortgage
$292,500
Interest Rate
6.39%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 24, 2018
Closed on
May 20, 2020
Sold by
England David F and England Diane C
Bought by
Swan Brent A and Swan Danielle J
List Price
$285,000
Sold Price
$255,000
Premium/Discount to List
-$30,000
-10.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.11%
Original Mortgage
$250,381
Interest Rate
3.3%
Mortgage Type
FHA

Purchase Details

Closed on
May 11, 2007
Sold by
Angess Lance and Barnhisel Lana
Bought by
Goyette Paul L and Goyette Margaret C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
6.2%
Mortgage Type
New Conventional
Source: Public Records

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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 $350,000 None Listed On Document
Warranty Deed $325,000 None Listed On Document
Warranty Deed $255,000 Wabash Valley Abstract, Inc
Personal Reps Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $280,000 New Conventional
Previous Owner $292,500 New Conventional
Previous Owner $246,835 FHA
Previous Owner $250,381 FHA
Previous Owner $92,000 Credit Line Revolving
Previous Owner $15,000 Credit Line Revolving
Previous Owner $92,000 Unknown
Previous Owner $100,000 Credit Line Revolving
Previous Owner $184,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2024 10/25/24 Sold $350,000 0.0% $95 / Sq Ft
09/18/2024 09/18/24 For Sale $350,000 +7.7% $95 / Sq Ft
06/28/2023 06/28/23 Sold $325,000 0.0% $88 / Sq Ft
05/17/2023 05/17/23 Price Changed $325,000 -1.5% $88 / Sq Ft
04/26/2023 04/26/23 For Sale $330,000 +29.4% $89 / Sq Ft
05/20/2020 05/20/20 Sold $255,000 -7.3% $66 / Sq Ft
05/02/2020 05/02/20 Pending -- -- --
06/06/2019 06/06/19 Price Changed $275,000 -3.5% $71 / Sq Ft
06/01/2019 06/01/19 For Sale $285,000 +11.8% $74 / Sq Ft
06/01/2019 06/01/19 Off Market $255,000 -- --
02/21/2019 02/21/19 Price Changed $285,000 -3.4% $74 / Sq Ft
09/25/2018 09/25/18 For Sale $295,000 +15.7% $76 / Sq Ft
07/06/2018 07/06/18 Off Market $255,000 -- --
04/24/2018 04/24/18 For Sale $295,000 -- $76 / 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 $3,324 $332,400 $40,600 $291,800
2023 $3,189 $319,000 $40,600 $278,400
2022 $2,836 $283,700 $29,900 $253,800
2021 $2,623 $262,400 $29,900 $232,500
2020 $2,467 $246,800 $29,900 $216,900
2019 $2,316 $238,500 $29,900 $208,600
2018 $2,332 $238,700 $29,900 $208,800
2017 $2,258 $237,000 $29,900 $207,100
2016 $1,491 $237,800 $30,000 $207,800
2014 $1,497 $242,500 $30,000 $212,500
2013 $1,135 $237,600 $29,900 $207,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201816645

Indiana Regional MLS

APN: 85-14-10-100-016.000-008