NOT LISTED FOR SALE

6506 S 550 W Wabash, IN 46992

Estimated Value: $190,586 - $305,000

5 Beds
2.5 Baths
2,800 Sq Ft
$86/Sq Ft Est. Value

Last Sold September 29, 2014

Last sale price $122,500 $44 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $1,344/month

30 Days on Market

Highlights

  • Above Ground Pool
  • Covered Patio or Porch
  • Bathtub with Shower
  • Ranch Style House
  • Eat-In Kitchen
  • Landscaped

About This Home

As of September 2014

May look small at first glance, but this home has 1400 sq feet of finished basement for a total of 2,800 finished square feet of living space. Features 5 bedrooms & 2.5 baths. Open concept living with eat in kitchen, living and dining or use as just one big living space. All new light fixtures/ceiling fans. All new flooring on main level. Laundry and half bath on main level with door to covered patio so those muddy/dirty cloths can stay right there. 1 acre lot, one large shed and 1 shed/playhouse combo included. Pool can stay or go whichever the buyer prefers. Large covered patio in back and concrete parking pad. Geothermal heat & air total electric home at only $200 per month on budget. Swingset does not stay. Call today.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $221

Year Built

  • Built in 2000

Lot Details

  • 1 Acre Lot
  • Rural Setting
  • Landscaped
  • Level Lot

Home Design

  • Ranch Style House
  • Poured Concrete
  • Vinyl Construction Material

Interior Spaces

  • Ceiling Fan

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range

Flooring

  • Carpet
  • Laminate
  • Concrete
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Bathtub with Shower

Laundry

  • Laundry on main level
  • Washer and Electric Dryer Hookup

Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Sump Pump
  • 1 Bathroom in Basement
  • 3 Bedrooms in Basement

Home Security

  • Security System Leased
  • Fire and Smoke Detector

Outdoor Features

  • Above Ground Pool
  • Covered Patio or Porch

Utilities

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

Community Details

  • Community Pool

Listing and Financial Details

  • Assessor Parcel Number 85-18-06-300-016.000-013

Home Details

Home Type

Single Family

Est. Annual Taxes

$221

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 2000
  • Age: 14
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 10
  • Total Number of Rooms Below Grade: 5
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 3
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Legal Description: PT SW1/4 6-26-6 1.00AC Ditch 665
  • Parcel Number ID: 85-18-06-300-016.000-013
  • Platted: Yes
  • Amenities: Alarm System-Sec Rented, Ceiling Fan(s), Detector-Smoke, Dryer Hook Up Electric, Eat-In Kitchen, Landscaped, Patio Covered, Porch Open, Range/Oven Hook Up Elec, Tub/Shower Combination, Main Floor Laundry, Sump Pump, Washer Hook-Up
  • Location: Rural
  • Number Below Grade Bedrooms: 3
  • Sp Lp Percent: 98.08
  • Special Features: None

Interior Features

  • Total Sq Ft: 2800
  • Total Finished Sq Ft: 2800
  • Above Grade Finished Sq Ft: 1400
  • Below Grade Finished Sq Ft: 1400
  • Basement: Yes
  • Basement Foundation: Full Basement, Finished, Outside Entrance
  • Basement Material: Poured Concrete
  • Flooring: Carpet, Concrete, Laminate, Vinyl
  • Living Great Room: Dimensions: 16x17, On Level: Main
  • Kitchen: Dimensions: 17x11, On Level: Main
  • Dining Room: Dimensions: 12x18, On Level: Main
  • Family Room: Dimensions: 14x18, On Level: Basement
  • Den: Dimensions: 12x14, On Level: Basement
  • Bedroom 1: Dimensions: 17x14, On Level: Main
  • Bedroom 2: Dimensions: 14x10, On Level: Main
  • Bedroom 3: Dimensions: 14x12, On Level: Basement
  • Bedroom 4: Dimensions: 14x12, On Level: Basement
  • Bedroom 5: Dimensions: 14x12, On Level: Basement
  • 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: 1400

Exterior Features

  • Exterior: Vinyl
  • Outbuilding1: Shed, Dimensions: 16x12
  • Pool: Above Ground
  • Pool: Yes
  • Outbuilding2: Shed, Dimensions: 10x8, 80

Utilities

  • Cooling: Central Air, Geothermal
  • Heating Fuel: Geothermal
  • Sewer: Septic
  • Water Utilities: Well
  • Laundry: Dimensions: 13xMain, On Level: 6
  • Well Type: Private

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 1 Acre
  • Estimated Lot Sq Ft: 43560
  • Estimated Lot Size Acres: 1

Tax Info

  • Annual Taxes: 221.22
  • Exemptions: Homestead, Mortgage

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 23, 2015
Sold by
Folbrecht John W
Bought by
Folbrecht John W and Folbrecht Kelly M
Current Estimated Value
$239,897

Purchase Details

Listed on
Aug 11, 2014
Closed on
Sep 29, 2014
Sold by
Sesco Julie Ann and Ross Julie Ann
Bought by
Folbrecht John W
List Price
$124,900
Sold Price
$122,500
Premium/Discount to List
-$2,400
-1.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.05%
Original Mortgage
$125,133
Outstanding Balance
$97,337
Interest Rate
4.11%
Mortgage Type
VA
Estimated Equity
$136,561

Purchase Details

Closed on
Mar 23, 2007
Sold by
Southwick Charles Thomas
Bought by
Ross Julie Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,050
Interest Rate
6.27%
Mortgage Type
New Conventional
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
Folbrecht John W -- None Available
Folbrecht John W -- None Available
Ross Julie Ann -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Folbrecht John W $125,133
Previous Owner Ross Julie Ann $104,050
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2014 09/29/14 Sold $122,500 -1.9% $44 / Sq Ft
09/10/2014 09/10/14 Pending -- -- --
08/11/2014 08/11/14 For Sale $124,900 -- $45 / 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 $859 $163,000 $17,500 $145,500
2023 $745 $155,700 $17,500 $138,200
2022 $572 $145,000 $17,500 $127,500
2021 $524 $126,600 $14,600 $112,000
2020 $488 $124,400 $15,000 $109,400
2019 $427 $118,400 $15,000 $103,400
2018 $412 $116,200 $15,000 $101,200
2017 $407 $115,700 $15,000 $100,700
2016 $269 $114,100 $13,000 $101,100
2014 $222 $112,700 $13,000 $99,700
2013 $177 $111,600 $13,000 $98,600
Source: Public Records

Map

Source: Indiana Regional MLS

MLS Number: 201435104

Indiana Regional MLS

APN: 85-18-06-300-016.000-013

Indiana Wabash County Wabash 46992

6506 S 550 W, Wabash, IN

This home is located at 6506 S 550 W, Wabash, IN 46992 since 11 August 2014 and is currently estimated at $239,897, approximately $85 per square foot. This property was built in 2000. 6506 S 550 W is a home located in Wabash County.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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