$101,000
SOLD JUL 25, 2013

7466 E 500 S Wabash, IN 46992

3 Beds
1 Bath
1,684 Sq Ft
2.4 Acres

Recently Sold

$60 Per Sq Ft

6% Below List Price

20 Days on Market

Highlights

  • A-Frame Home
  • Partially Wooded Lot
  • Forced Air Heating and Cooling System
  • Vaulted Ceiling
  • 1 Fireplace
  • Carpet

About This Home

As of August 2016

Very nice A-frame house on private wooded 2.4 acre setting. Located within a mile of the Salamonie Reservoir and recreational areas. Interior all recently updated. Wood stove insert is not installed to meet current code. Lp tank is rented from Reynolds Oil. Ingress/egress easement in favor of the property to the north along the east line for 60' access.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $635

Year Built

  • Built in 1972

Lot Details

  • 2.4 Acre Lot
  • Partially Wooded Lot

Home Design

  • A-Frame Home
  • Cedar

Interior Spaces

  • 1,684 Sq Ft Home
  • Vaulted Ceiling
  • 1 Fireplace
  • Crawl Space
  • Electric Dryer Hookup

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 85-16-29-300-005.901-003

Home Details

Home Type

Single Family

Est. Annual Taxes

$635

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1972
  • Architectural Style: A-Frame
  • Total Number of Rooms: 5
  • Bedrooms: 3
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: Pt SW1/4 29-27-8
  • Parcel Number ID: 85-16-29-300-005.901-003
  • Platted: Yes
  • Amenities: Ceilings-Vaulted, Deck Open, Dryer Hook Up Electric
  • Special Features: None

Interior Features

  • Total Sq Ft: 1684
  • Total Finished Sq Ft: 1684
  • Basement Foundation: Crawl
  • Number Of Fireplaces: 1
  • Flooring: Carpet, Laminate, Vinyl
  • Living Great Room: Dimensions: 20x20, On Level: Main
  • Kitchen: Dimensions: 12x11, On Level: Main
  • Bedroom 1: Dimensions: 20x12, On Level: Main
  • Bedroom 2: Dimensions: 12x12, On Level: Main
  • Bedroom 3: Dimensions: 31x15, On Level: Upper
  • Main Level Sq Ft: 1180

Exterior Features

  • Exterior: Cedar

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Septic
  • Water Utilities: Well
  • Laundry: Dimensions: 5xMain, On Level: 3

Schools

  • School District: MSD of Wabash County Schools

Lot Info

  • Lot Description: Partially Wooded
  • Lot Dimensions: 2.40 ac
  • Estimated Lot Size Acres: 2.4

Tax Info

  • Annual Taxes: 635.44

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2016
Closed on
Aug 22, 2016
Sold by
Richards Charles E
Bought by
Titus Levi A and Titus Haily N
Seller's Agent
Lori Siders
Siders Premiere Properties, LLC
Buyer's Agent
Lori Siders
Siders Premiere Properties, LLC
List Price
$130,000
Sold Price
$125,000
Premium/Discount to List
-$5,000
-3.85%
Current Estimated Value
$157,797

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,797
Avg. Annual Appreciation
2.80%
Original Mortgage
$118,750
Outstanding Balance
$96,071
Interest Rate
3.41%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$64,011

Purchase Details

Listed on
Jul 17, 2013
Closed on
Jul 25, 2013
Sold by
Kellam Jeffery
Bought by
Richards Charles E
Seller's Agent
Robert Lundquist
Lundquist Appraisals & Real Estate
Buyer's Agent
Robert Lundquist
Lundquist Appraisals & Real Estate
List Price
$26,000
Sold Price
$26,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
66.50%
Original Mortgage
$80,800
Interest Rate
4.49%
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 -- None Available
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $15,000 Credit Line Revolving
Open $118,750 Future Advance Clause Open End Mortgage
Previous Owner $84,800 Unknown
Previous Owner $80,800 Future Advance Clause Open End Mortgage
Previous Owner $88,000 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2016 08/22/16 Sold $125,000 -3.8% $106 / Sq Ft
08/17/2016 08/17/16 Pending -- -- --
07/20/2016 07/20/16 For Sale $130,000 +400.0% $110 / Sq Ft
07/25/2013 07/25/13 Sold $26,000 -74.3% $26 / Sq Ft
07/25/2013 07/25/13 Sold $101,000 +288.5% $60 / Sq Ft
07/17/2013 07/17/13 Pending -- -- --
07/17/2013 07/17/13 For Sale $26,000 -75.9% $26 / Sq Ft
06/26/2013 06/26/13 Pending -- -- --
06/06/2013 06/06/13 For Sale $108,000 -- $64 / 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 $636 $118,700 $24,300 $94,400
2023 $567 $115,500 $24,300 $91,200
2022 $427 $107,600 $24,300 $83,300
2021 $393 $96,700 $21,300 $75,400
2020 $370 $95,400 $21,300 $74,100
2019 $311 $89,500 $21,300 $68,200
2018 $303 $87,700 $21,300 $66,400
2017 $294 $85,800 $21,300 $64,500
2016 $222 $84,000 $21,300 $62,700
2014 $93 $78,700 $21,300 $57,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 793316

Indiana Regional MLS

APN: 85-16-29-300-010.000-003