$280,000
SOLD MAY 14, 2025

707 E State Road 124 Wabash, IN 46992

3 Beds
2.5 Baths
1,284 Sq Ft
6.03 Acres

Recently Sold

$218 Per Sq Ft

7% Below List Price

45 Days on Market

Highlights

  • Primary Bedroom Suite
  • Ranch Style House
  • Workshop
  • Partially Wooded Lot
  • Wood Flooring
  • Enclosed Patio or Porch

About This Home

As of May 2025

Motivated sellers! Don't miss this brick ranch home nestled on just over 6 partially wooded acre across from Southwood High School. The property features a picturesque creek running along the east side, offering tranquil natural views. Inside you'll find an open concept living and dining area, a well-appointed kitchen with full cabinetry, and beautiful hardwood floors. The master bedroom includes a private half bath, plus there's a recently remodeled full bathroom with custom shower and two additional bedrooms. The unfinished basement provides excellent potential as a recreation room or additional living space, complete with a brick fireplace. Laundry area, older half bath, and walkout access to attached two-car garage out the lower level. A heated sunroom is a great bonus area and leads to a lovely outdoor space featuring a patio and tiered deck. The entire backyard is fully fenced. Beyond the main yard is a 47x26 pole barn and older 40x22 barn. Both barns have water and electricity. TWN, fiber optic high speed internet! Basement bathroom is very primitive. Portion of barn is in a flood zone and requires flood insurance. Wanting to sell as-is with newly reduced price.

Last Agent to Sell the Property

E Marie Lloyd

Metz Phillipy Real Estate Brokerage Phone: 260-571-4161 Listed on: 03/22/2025

Last Buyer's Agent

Robert Lundquist

Lundquist Appraisals & Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,532

Year Built

  • Built in 1957

Lot Details

  • 6.03 Acre Lot
  • Property fronts a state road
  • Rural Setting
  • Partially Fenced Property
  • Lot Has A Rolling Slope
  • Partially Wooded Lot
  • Property is zoned R1, Single unit dwelling

Parking

  • 2 Car Attached Garage
  • Gravel Driveway
  • Off-Street Parking

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Shingle Roof
  • Asphalt Roof
  • Composite Building Materials

Interior Spaces

  • Wood Burning Fireplace
  • Workshop
  • Washer and Gas Dryer Hookup

Kitchen

  • Oven or Range
  • Laminate Countertops

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Fireplace in Basement
  • Block Basement Construction
  • 1 Bathroom in Basement

Schools

  • Southwood Elementary And Middle School
  • Southwood High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Private Company Owned Well
  • Well
  • Septic System

Additional Features

  • Energy-Efficient Appliances
  • Enclosed Patio or Porch

Listing and Financial Details

  • Assessor Parcel Number 85-19-06-200-015.000-005
  • Seller Concessions Offered

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,532

Year Built

Built in 1957

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1957
  • Age: 68
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 6
  • Total Number of Rooms Below Grade: 2
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Legal Description: PT NE1/4 6-26-7 3.67AC + 2.355AC
  • Parcel Number ID: 85-19-06-200-015.000-005
  • Platted: Yes
  • Amenities: Countertops-Laminate, Deck Open, Dryer Hook Up Gas/Elec, Patio Open, Porch Enclosed, Range/Oven Hk Up Gas/Elec, Workshop, Main Level Bedroom Suite, Washer Hook-Up
  • Cross Street: 50 East
  • Location: Rural
  • Road Access: State
  • Road Surface: Asphalt
  • Sp Lp Percent: 96.22
  • Zoning Description: Single unit dwelling
  • County Zoning: R1
  • Year Taxes Payable: 2024
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 2568
  • Total Finished Sq Ft: 1284
  • Above Grade Finished Sq Ft: 1284
  • Below Grade Sq Ft: 1284
  • Price Per Sq Ft: 218.07
  • Basement: Yes
  • Basement Foundation: Full Basement, Unfinished, Outside Entrance
  • Basement Material: Block
  • Number Of Fireplaces: 1
  • Fireplace: Wood Burning, Basement
  • Fireplace: Yes
  • Flooring: Hardwood Floors, Laminate
  • Living Great Room: Dimensions: 20x14, On Level: Main
  • Kitchen: Dimensions: 11x11, On Level: Main
  • Dining Room: Dimensions: 8x9, On Level: Main
  • Bedroom 1: Dimensions: 16x10, On Level: Main
  • Bedroom 2: Dimensions: 9x10, On Level: Main
  • Bedroom 3: Dimensions: 10x12, On Level: Main
  • Main Level Sq Ft: 1284
  • 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: 1284

Exterior Features

  • Exterior: Brick
  • Roof Material: Asphalt, Composite, Shingle
  • Outbuilding1: Pole/Post Building, Dimensions: 47x26, 1222
  • Fence: Partial
  • Outbuilding2: Barn, Dimensions: 40x22, 880

Garage/Parking

  • Driveway: Asphalt, Gravel
  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 22x20
  • Garage Sq Ft: 440
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Septic
  • Water Utilities: Well
  • Electric Company: REMC
  • Gas Company: NIPSCO
  • Laundry: Dimensions: Basementx12, On Level: 10
  • 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: Partially Wooded, Rolling, 6-9.999, Wooded
  • Lot Dimensions: 6.03 ac
  • Estimated Lot Sq Ft: 262667
  • Estimated Lot Size Acres: 6.03

Green Features

  • Energy Efficient: Appliances

Tax Info

  • Annual Taxes: 1531.66
  • Exemptions: Homestead, Mortgage

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
Mar 22, 2025
Closed on
May 14, 2025
Sold by
Watson Kyle E and Watson Amanda J
Bought by
Ware Kimberly A
Seller's Agent
E Marie Lloyd
Metz Phillipy Real Estate
Buyer's Agent
Robert Lundquist
Lundquist Appraisals & Real Estate
List Price
$300,000
Sold Price
$280,000
Premium/Discount to List
-$20,000
-6.67%
Views
163
Current Estimated Value
$282,241

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,241
Avg. Annual Appreciation
2.69%

Purchase Details

Listed on
Oct 12, 2022
Closed on
Jan 13, 2023
Sold by
Powell Suzanne
Bought by
Watson Kyle E and Watson Amanda J
Seller's Agent
John Lundquist
Lundquist Appraisals & Real Estate
Buyer's Agent
E Marie Lloyd
Metz Phillipy Real Estate
List Price
$265,000
Sold Price
$230,000
Premium/Discount to List
-$35,000
-13.21%
Views
117

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.81%
Original Mortgage
$218,500
Interest Rate
6.49%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 5, 2011
Sold by
Powell William K and Powell Suzanne
Bought by
State Of Indiana

Purchase Details

Closed on
Sep 29, 2010
Sold by
Mcnally George T
Bought by
Powell William K and Powell Suzanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
4.54%
Mortgage Type
Future Advance Clause Open End Mortgage
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 $280,000 None Listed On Document
Warranty Deed $230,000 --
Warranty Deed $23,800 --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $218,500 Construction
Previous Owner $168,000 Construction
Previous Owner $25,000 Credit Line Revolving
Previous Owner $60,000 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2025 05/14/25 Sold $280,000 -3.8% $218 / Sq Ft
04/10/2025 04/10/25 Price Changed $291,000 -3.0% $227 / Sq Ft
03/25/2025 03/25/25 For Sale $300,000 +30.4% $234 / Sq Ft
01/13/2023 01/13/23 Sold $230,000 -11.5% $172 / Sq Ft
11/03/2022 11/03/22 Price Changed $260,000 -1.9% $194 / Sq Ft
10/12/2022 10/12/22 For Sale $265,000 -- $198 / 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 $1,508 $222,700 $40,900 $181,800
2023 $1,129 $177,300 $40,900 $136,400
2022 $452 $166,900 $40,900 $126,000
2021 $390 $149,100 $33,300 $115,800
2020 $313 $140,400 $32,500 $107,900
2019 $262 $132,500 $32,500 $100,000
2018 $313 $130,500 $32,500 $98,000
2017 $290 $129,700 $32,500 $97,200
2016 $203 $121,700 $23,400 $98,300
2014 $100 $114,300 $23,400 $90,900
2013 $73 $109,200 $23,400 $85,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202509481

Indiana Regional MLS

APN: 85-19-06-200-015.000-005