NOT LISTED FOR SALE

6831 S 50 E Wabash, IN 46992

Estimated Value: $102,000 - $188,000

3 Beds
1 Bath
1,472 Sq Ft
$99/Sq Ft Est. Value

Last Sold June 30, 2023

Last sale price $110,000 $75 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $849/month

8 Days on Market

Highlights

  • Covered patio or porch
  • Central Air
  • Level Lot
  • 1 Car Detached Garage

About This Home

As of June 2023

If the charm of an historic farm house is what you've been wanting and if you're willing to put in some effort to bring it into it's full glory, then this one is for you! A row of old-fashioned lilacs lines the left side of the property near the home. A covered porch for "summer sittin'" wraps around the front of the home. It has all the major items taken care of: new roof in 2021, new carpets in 2021 in most rooms, 200 amp electrical service, rebuilt porch, newer gas forced air/heat pumps, one for each level, replacement windows, solid foundation, vinyl siding. Original solid wood doors and detailed wood trim along with pocket doors and built-in shelving just need a little tlc to get looking great again. All the rooms are very spacious! The current owners have only lived there 1 year...they started putting in a new bathroom/laundry room but were unable to finish. Kitchen, bath, and mudroom need new flooring. There's a large, open back yard with enough space for gardening if one desires. With 2 sheds and a one-car detached garage, there's plenty of space for yard tools or machinery. To top it off, it's close to the small town and only 13 minutes from Salamonie Reservoir and just down the road there's a farm that sells fresh farm eggs and meat. This home will be sold "as-is". It is priced accordingly, $10,000 less than the sellers bought it for in 2021 to help the new owners finish the projects, and the sellers will pay closing costs!

Last Agent to Sell the Property

Lisa Foster

Coldwell Banker Real Estate Group Listed on: 05/31/2023

Coldwell Banker Real Estate Group

Last Buyer's Agent

Ronald Huston

Metz Phillipy Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,073

Year Built

  • Built in 1913

Lot Details

  • 0.4 Acre Lot
  • Lot Dimensions are 90 x 208
  • Level Lot

Parking

  • 1 Car Detached Garage
  • Off-Street Parking

Home Design

  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Partially Finished Basement
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Covered patio or porch

Schools

  • Southwood Elementary And Middle School
  • Southwood High School

Utilities

  • Central Air
  • Heat Pump System
  • Heating System Uses Gas
  • Private Company Owned Well
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 85-19-06-400-023.000-005

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,073

Year Built

Built in 1913

Lot Details

0

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1913
  • Age: 110
  • Style: Two Story
  • Total Number of Rooms: 7
  • Total Number of Rooms Below Grade: 1
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: PT SE1/4 6-26-7 .40AC
  • Parcel Number ID: 85-19-06-400-023.000-005
  • Platted: Yes
  • Amenities: Porch Covered
  • Sp Lp Percent: 100
  • Year Taxes Payable: 2022
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 1656
  • Total Finished Sq Ft: 1472
  • Above Grade Finished Sq Ft: 1472
  • Below Grade Sq Ft: 184
  • Price Per Sq Ft: 74.73
  • Basement: Yes
  • Basement Foundation: Crawl, Partial Basement
  • Living Great Room: Dimensions: 15x14, On Level: Main
  • Kitchen: Dimensions: 13x13, On Level: Main
  • Family Room: Dimensions: 15x12, On Level: Main
  • Bedroom 1: Dimensions: 15x15, On Level: Upper
  • Bedroom 2: Dimensions: 13x12, On Level: Upper
  • Bedroom 3: Dimensions: 12x12, On Level: Upper
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 184

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt
  • Outbuilding1: Shed, Dimensions: 8x12
  • Outbuilding2: Dimensions: 12x14, 168

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 1
  • Garage Size: Dimensions: 18x16
  • Garage Sq Ft: 288
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Heat Pump
  • Sewer: Septic
  • Water Utilities: Well
  • Electric Company: Duke Energy Indiana
  • Gas Company: NIPSCO
  • 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: Level
  • Lot Dimensions: 90 x 208
  • Estimated Lot Sq Ft: 17424
  • Estimated Lot Size Acres: 0.4

Tax Info

  • Annual Taxes: 1073

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

Listed on
May 31, 2023
Closed on
Jun 30, 2023
Sold by
Smith Rachel and Smith James C
Bought by
Baldwin Ket M
Seller's Agent
Lisa Foster
Coldwell Banker Real Estate Group
Buyer's Agent
Ronald Huston
Metz Phillipy Real Estate
List Price
$110,000
Sold Price
$110,000
Views
38
Current Estimated Value
$145,381

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,381
Avg. Annual Appreciation
14.18%
Original Mortgage
$104,500
Outstanding Balance
$102,362
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$40,474

Purchase Details

Closed on
Feb 7, 2022
Sold by
Thompson Daniel A
Bought by
Smith Rachel and Smith James C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 28, 2009
Sold by
Corn Karen S and Working Etta Irene
Bought by
Thompson Daniel A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,200
Interest Rate
5.21%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Baldwin Ket M $110,000 None Listed On Document
Smith Rachel $120,000 None Listed On Document
Thompson Daniel A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baldwin Ket M $104,500
Previous Owner Smith Rachel $85,000
Previous Owner Thompson Daniel A $54,000
Previous Owner Thompson Daniel A $39,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2023 06/30/23 Sold $110,000 0.0% $75 / Sq Ft
06/08/2023 06/08/23 Pending -- -- --
05/31/2023 05/31/23 For Sale $110,000 -- $75 / 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 $466 $108,500 $11,200 $97,300
2023 $417 $106,500 $11,200 $95,300
2022 $340 $99,300 $11,200 $88,100
2021 $1,048 $91,000 $9,300 $81,700
2020 $1,019 $89,300 $9,200 $80,100
2019 $911 $83,500 $9,200 $74,300
2018 $878 $81,700 $9,200 $72,500
2017 $825 $79,400 $9,200 $70,200
2016 $817 $93,700 $9,200 $84,500
2014 $601 $87,300 $9,200 $78,100
2013 $627 $82,800 $9,200 $73,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202317964

Indiana Regional MLS

APN: 85-19-06-400-023.000-005