NOT LISTED FOR SALE

766 Manchester Ave Wabash, IN 46992

Estimated Value: $127,000 - $164,000

10 Beds
4 Baths
4,464 Sq Ft
$32/Sq Ft Est. Value

Last Sold February 08, 2018

Last sale price $50,000 $11 Per Sq Ft

Est. 187% increase in value since last sale

Current estimated payment $973/month

13 Days on Market

Highlights

  • Traditional Architecture
  • Forced Air Heating and Cooling System
  • Carpet
  • Laundry in Utility Room
  • Level Lot

About This Home

As of February 2018

Investment opportunity! 2 single-family homes with a 2-story duplex. Priced to sell!

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1921

Lot Details

  • 9,620 Sq Ft Lot
  • Level Lot

Home Design

  • Quadruplex
  • Traditional Architecture
  • Slab Foundation
  • Shingle Roof
  • Asphalt Roof
  • Metal Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Laminate Countertops
  • Laundry in Utility Room

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 4 Full Bathrooms

Partially Finished Basement

  • Block Basement Construction
  • Stone or Rock in Basement
  • Crawl Space

Parking

  • 4 Parking Spaces
  • Gravel Driveway
  • Off-Street Parking

Location

  • Suburban Location

Utilities

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

Listing and Financial Details

  • Tenant pays for electric, heating
  • The owner pays for water
  • Assessor Parcel Number 85-14-02-404-128.000-009

Community Details

Overview

  • 3 Buildings
  • 4 Units

Pet Policy

  • Pet Restriction

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $300
  • Fuel Expense $300
  • Insurance Expense $2,400
  • Maintenance Expense $1,000
  • Water Sewer Expense $2,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Fourplex
  • Year Built: 1921
  • Age: 97
  • Style: Two Story
  • Architectural Style: Traditional
  • Bedrooms: 10
  • Number Above Grade Bedrooms: 10
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: Bd of Trade PT Lot 13 and Bd of Trade Lot 12 |
  • Parcel Number ID: 85-14-02-404-128.000-009
  • Platted: Yes
  • Amenities: Countertops-Laminate
  • Cross Street: Gillen Ave
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Parcel Id2: 851402404130000009
  • Sp Lp Percent: 66.76
  • Annual Miscellaneous: 1500
  • Monthly Gross Income: 1775
  • Special Features: None

Interior Features

  • Total Sq Ft: 6092
  • Total Finished Sq Ft: 4464
  • Above Grade Finished Sq Ft: 4464
  • Below Grade Sq Ft: 1628
  • Price Per Sq Ft: 11.2
  • Basement: Yes
  • Basement Foundation: Crawl, Slab, Partial Basement
  • Basement Material: Block, Stone
  • Flooring: Carpet, Vinyl
  • Main Level Sq Ft: 2688
  • Total Below Grade Sq Ft: 1628
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt, Metal, Shingle
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 4
  • Parking: Gravel, Off Street

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Duke Energy Indiana
  • Gas Company: NIPSCO
  • Water Company: Indiana American Water Co
  • Annual Electric: 300
  • Annual Fuel Expense: 300
  • Annual Insurance Expense: 2400
  • Annual Maintenance Expense: 1000
  • Annual Water Sewer Expense: 2000
  • Number Electric Meters: 4
  • Number Gas Meters: 4
  • Number Of W D Hookups: 4
  • Number Water Meters: 2

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • School District: Wabash City Schools
  • Elementary School: OJ Neighbors
  • Middle School: Wabash
  • High School: Wabash

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 37 x 140 and 37 x 140 x 100 x 55
  • Estimated Lot Sq Ft: 9620
  • Estimated Lot Size Acres: 0.22

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Water
  • Tenant Pays: Electric, Heating

Multi Family

  • Gross Monthly Rent: 1775
  • Number Of Refrigerators: 2
  • Number Of Units: 4
  • Num Of2 Bedrooms: 2
  • Number Of 3 Bedrooms: 2
  • Num Of Units Rented: 1

Tax Info

  • Annual Property Tax: 3278

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2018
Closed on
Feb 8, 2018
Sold by
Mu2 Llc
Bought by
Schlemmer Philip E and Shellhammer Maynard L
List Price
$74,900
Sold Price
$50,000
Premium/Discount to List
-$24,900
-33.24%
Current Estimated Value
$143,264

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,264
Avg. Annual Appreciation
14.57%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Schlemmer Philip E -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/08/2018 02/08/18 Sold $50,000 -33.2% $11 / Sq Ft
01/25/2018 01/25/18 Pending -- -- --
01/12/2018 01/12/18 For Sale $74,900 -- $17 / 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 $2,160 $108,000 $5,700 $102,300
2023 $2,036 $101,800 $5,700 $96,100
2022 $1,888 $94,400 $5,700 $88,700
2021 $2,228 $111,400 $5,700 $105,700
2020 $2,082 $104,100 $5,700 $98,400
2019 $1,710 $85,500 $5,700 $79,800
2018 $1,694 $84,700 $5,700 $79,000
2017 $2,228 $110,200 $5,700 $104,500
2016 $2,198 $108,700 $5,700 $103,000
2014 $2,181 $114,300 $5,700 $108,600
2013 $2,252 $112,600 $5,700 $106,900
Source: Public Records

Map

Source: Indiana Regional MLS

MLS Number: 201801421

Indiana Regional MLS

APN: 85-14-02-404-128.000-009

Indiana Wabash County Wabash 46992

766 Manchester Ave, Wabash, IN

This home is located at 766 Manchester Ave, Wabash, IN 46992 since 12 January 2018 and is currently estimated at $143,264, approximately $32 per square foot. This property was built in 1921. 766 Manchester Ave is a home located in Wabash County with nearby schools including O.J. Neighbours Elementary School, W C Mills Elementary School, and Wabash Middle School.

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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