7851 S 50 E Wabash, IN 46992
Estimated Value: $172,000 - $249,842
3
Beds
1
Bath
2,360
Sq Ft
$89/Sq Ft
Est. Value
Highlights
- Traditional Architecture
- Covered patio or porch
- Utility Sink
- Wood Flooring
- 2 Car Detached Garage
- Eat-In Kitchen
About This Home
As of May 2024Welcome to this beautiful home with the potential to be a mini farm. With 3 bedrooms,1 bath, and sitting on 2.5 acres of pasture and grounds, this property has plenty to offer anyone wanting to live the country life. There is a barn with one horse stall in it, with potential for more, there is a 2 car detached garage that was new in 2018, a gazebo that was new in 2019, and a grain bin that could be repurposed for many uses. There is fenced pasture on quite a bit of land for horses or animals of your choice to roam, and the front porch is a peaceful place to sit and watch a sunset or drink your morning coffee.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $795
Year Built
- Built in 1920
Lot Details
- 2.51 Acre Lot
- Rural Setting
- Barbed Wire
- Landscaped
- Level Lot
Parking
- 2 Car Detached Garage
- Garage Door Opener
- Gravel Driveway
Home Design
- Traditional Architecture
- Metal Roof
- Vinyl Construction Material
Interior Spaces
- 2-Story Property
- Built-in Bookshelves
- Woodwork
- Ceiling height of 9 feet or more
- Laundry on main level
Kitchen
- Eat-In Kitchen
- Laminate Countertops
- Utility Sink
Flooring
- Wood
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
- Separate Shower
Partially Finished Basement
- Sump Pump
- Stone or Rock in Basement
- Crawl Space
Outdoor Features
- Covered patio or porch
Schools
- Southwood Elementary And Middle School
- Southwood High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Powered By Leased Propane
- Generator Hookup
- Propane
- Private Company Owned Well
- Well
- Septic System
Listing and Financial Details
- Assessor Parcel Number 85-19-07-400-008.000-005
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 14, 2024
Closed on
May 21, 2024
Sold by
Stegall Robert E
Bought by
Spencer Jeremiah
Seller's Agent
Trisha McGowan
Patton Hall Real Estate
Buyer's Agent
Trisha McGowan
Patton Hall Real Estate
List Price
$195,000
Sold Price
$195,000
Total Days on Market
26
Views
66
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,461
Avg. Annual Appreciation
6.78%
Original Mortgage
$175,000
Outstanding Balance
$173,493
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$35,968
Purchase Details
Listed on
Feb 24, 2020
Closed on
Sep 11, 2020
Sold by
Case Scott E and Case Angela S
Bought by
Stegall Robert E
Seller's Agent
Trisha McGowan
Patton Hall Real Estate
Buyer's Agent
Trisha McGowan
Patton Hall Real Estate
List Price
$129,900
Sold Price
$110,000
Premium/Discount to List
-$19,900
-15.32%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.73%
Original Mortgage
$113,960
Interest Rate
2.8%
Mortgage Type
VA
Purchase Details
Listed on
Jan 23, 2016
Closed on
Mar 24, 2016
Sold by
Heck Myron L
Bought by
Case Scott E and Powell Angela S
List Price
$85,000
Sold Price
$79,000
Premium/Discount to List
-$6,000
-7.06%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.69%
Original Mortgage
$75,050
Interest Rate
3.65%
Mortgage Type
New Conventional
Similar Homes in Wabash, IN
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Spencer Jeremiah | $195,000 | None Listed On Document | |
| Stegall Robert E | $110,000 | Wabash Valley Abstract, Inc | |
| Case Scott E | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Spencer Jeremiah | $175,000 | |
| Previous Owner | Stegall Robert E | $113,960 | |
| Previous Owner | Case Scott E | $86,487 | |
| Previous Owner | Case Scott E | $75,050 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/22/2024 05/22/24 | Sold | $195,000 | 0.0% | $83 / Sq Ft |
| 05/10/2024 05/10/24 | Pending | -- | -- | -- |
| 04/14/2024 04/14/24 | For Sale | $195,000 | +77.3% | $83 / Sq Ft |
| 09/11/2020 09/11/20 | Sold | $110,000 | 0.0% | $47 / Sq Ft |
| 05/29/2020 05/29/20 | Pending | -- | -- | -- |
| 05/29/2020 05/29/20 | Price Changed | $110,000 | -11.9% | $47 / Sq Ft |
| 03/25/2020 03/25/20 | Price Changed | $124,900 | -3.8% | $53 / Sq Ft |
| 02/24/2020 02/24/20 | For Sale | $129,900 | +64.4% | $55 / Sq Ft |
| 03/24/2016 03/24/16 | Sold | $79,000 | -7.1% | $56 / Sq Ft |
| 03/20/2016 03/20/16 | Pending | -- | -- | -- |
| 01/23/2016 01/23/16 | For Sale | $85,000 | -- | $61 / Sq Ft |
Source: Indiana Regional MLS
Tax History Compared to Growth
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 | $796 | $145,200 | $24,600 | $120,600 |
| 2023 | $789 | $143,400 | $24,600 | $118,800 |
| 2022 | $606 | $135,400 | $24,600 | $110,800 |
| 2021 | $566 | $121,400 | $20,300 | $101,100 |
| 2020 | $600 | $132,100 | $20,000 | $112,100 |
| 2019 | $581 | $132,600 | $20,000 | $112,600 |
| 2018 | $534 | $123,700 | $20,000 | $103,700 |
| 2017 | $493 | $119,400 | $20,000 | $99,400 |
| 2016 | $361 | $112,400 | $20,000 | $92,400 |
| 2014 | $292 | $106,300 | $20,000 | $86,300 |
| 2013 | $251 | $101,400 | $20,000 | $81,400 |
Source: Public Records
Agents Affiliated with this Home
-
Trisha McGowan
Seller's Agent in 2024
Trisha McGowan
Patton Hall Real Estate
(260) 330-4227
84 Total Sales
Map
Source: Indiana Regional MLS
MLS Number: 202412770
APN: 85-19-07-400-008.000-005
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