$79,000
SOLD MAR 24, 2016

7851 S 50 E Wabash, IN 46992

2 Beds
1 Bath
1,400 Sq Ft
2.51 Acres

Recently Sold

$56 Per Sq Ft

7% Below List Price

57 Days on Market

Highlights

  • 1 Car Detached Garage
  • Forced Air Heating and Cooling System
  • Carpet
  • 1-Story Property
  • Level Lot

About This Home

As of May 2024

All newer roof, siding, windows, furnace, central air, septic, water heater and ready for you to put your mark on the interior. Huge eat in kitchen, large utility with wall of built in storage, formal DR, LR, 2 bdrms, full bath and enclosed back porch. Wrap around front porch, detached garage, utility shed, all on 2.51 AC just minutes from Wabash and close to schools! Generator ready if you want one and the attic area can be finished out into more bedrooms. Charm and character in this older home just waiting for you to see it today! Driveway is asphalt, several outbldgs: Utility shed, poultry house, grain bin. Note: Attic area has not been used for long time - used to be bedrooms years ago. Fireplace is decorative elec.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $292

Year Built

  • Built in 1920

Lot Details

  • 2.51 Acre Lot
  • Rural Setting
  • Level Lot

Parking

  • 1 Car Detached Garage
  • Driveway

Home Design

  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Partially Finished Basement

  • Walk-Out Basement
  • Block Basement Construction
  • Stone or Rock in Basement
  • Crawl Space

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$292

Year Built

Built in 1920

Lot Details

0

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1920
  • Age: 96
  • Style: One Story
  • Total Number of Rooms: 7
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: S1/2 SE1/4 7-26-7 2.51 DITCH 561-00261-00
  • Parcel Number ID: 85-19-07-400-008.000-005
  • Platted: Yes
  • Amenities: Generator Ready
  • Location: Rural
  • Sp Lp Percent: 92.94
  • Special Features: None

Interior Features

  • Total Sq Ft: 2360
  • Total Finished Sq Ft: 1400
  • Above Grade Finished Sq Ft: 1400
  • Above Grade Unfinished Sq Ft: 960
  • Basement: Yes
  • Basement Foundation: Crawl, Partial Basement, Walk-Out Basement, Unfinished
  • Basement Material: Block, Stone
  • Flooring: Carpet, Vinyl
  • Living Great Room: Dimensions: 15x14, On Level: Main
  • Kitchen: Dimensions: 18x11, On Level: Main
  • Dining Room: Dimensions: 18x14, On Level: Main
  • Extra Room: Attic Area, Dimensions: 19x21, On Level: Upper
  • Bedroom 1: Dimensions: 15x13, On Level: Main
  • Bedroom 2: Dimensions: 14x13, On Level: Main
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt
  • Outbuilding1: Outbuilding, Dimensions: 48x30

Garage/Parking

  • Driveway: Asphalt
  • Garage Type: Detached
  • Garage Number Of Cars: 1
  • Garage Size: Dimensions: 8x12
  • Garage Sq Ft: 96

Utilities

  • Cooling: Central Air
  • Heating Fuel: Propane, Forced Air, Propane Tank Rented
  • Sewer: Septic
  • Water Utilities: Well
  • Electric Company: REMC
  • Laundry: Dimensions: 7xMain, On Level: 12
  • Well Type: Private

Schools

  • School District: MSD of Wabash County Schools
  • Elementary School: Southwood
  • Middle School: Southwood
  • High School: Southwood

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 2.51 A
  • Estimated Lot Sq Ft: 109336
  • Estimated Lot Size Acres: 2.51

Tax Info

  • Annual Taxes: 292
  • Exemptions: Homestead

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
Views
66
Current Estimated Value
$204,096

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,096
Avg. Annual Appreciation
6.22%
Original Mortgage
$175,000
Outstanding Balance
$173,493
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$36,024

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
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 Type Sale Price Title Company
Warranty Deed $195,000 None Listed On Document
Warranty Deed $110,000 Wabash Valley Abstract, Inc
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $175,000 New Conventional
Previous Owner $113,960 VA
Previous Owner $86,487 FHA
Previous Owner $75,050 New Conventional
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

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 $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

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Map

Source: Indiana Regional MLS

MLS Number: 201602886

Indiana Regional MLS

APN: 85-19-07-400-008.000-005