NOT LISTED FOR SALE

906 Wabash St Michigan City, IN 46360

Estimated Value: $132,000 - $186,000

4 Beds
2 Baths
2,902 Sq Ft
$53/Sq Ft Est. Value

Last Sold November 29, 2023

Last sale price $125,000 $43 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $909/month

27 Days on Market

About This Home

As of November 2023

CASH OFFERS ONLY. A massive two unit, each with 2 beds/1 bath, with room to add a third unit in attic. Could be used as a single residence. All of the original details remain in this historic property. Complete tear off of roof and foundation work done to make this ready for new owner. Will need new electric, HVAC and plumbing. Located in Historic district where there are incentives in place to help bring this back to original splendor.

Last Agent to Sell the Property

Michael Conner

@properties/Christie's Intl RE License #RB14029383 Listed on: 09/25/2023

@properties/Christie's Intl RE

Last Buyer's Agent

Bonnie Meyer

Coldwell Banker Realty License #RB14046284

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $988

Year Built

  • Built in 1910

Lot Details

  • 3,375 Sq Ft Lot
  • Lot Dimensions are 45 x 75

Home Design

  • Brick Foundation

Interior Spaces

  • 2,902 Sq Ft Home
  • Elevator
  • Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Porch

Community Details

  • 2 Units
  • Land Companys Add Subdivision

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for sewer, water
  • Assessor Parcel Number 460129457016000022

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$988

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1910
  • Reso Property Sub Type: Duplex
  • ResoOtherEquipment: None
  • Co List Office Mls Id: NRA1076
  • Subdivision Name: Land Companys Add
  • WaterExpense: 0.00
  • SewerExpense: 0.00
  • NumberOfStores: 0
  • AuctionYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Elevator
  • Basement: Crawl Space, Full
  • Flooring: Wood
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Acres: 0.0775
  • Construction Type: Brick
  • Patio And Porch Features: Porch

Garage/Parking

  • Parking Features: None

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Available
  • Water Source: Public

Lot Info

  • Lot Dimensions: 45 x 75
  • Lot Size Sq Ft: 3375
  • Parcel #: 460129457016000022

Rental Info

  • Tenant Pays: Electricity, Gas
  • Owner Pays: Sewer, Water
  • LeaseType: Net

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2023
Closed on
Nov 28, 2023
Sold by
Tellus Properties Llc
Bought by
K Wabash Llc
Seller's Agent
Michael Conner
@properties/Christie's Intl RE
Buyer's Agent
Bonnie Meyer
Coldwell Banker Realty
List Price
$145,000
Sold Price
$125,000
Premium/Discount to List
-$20,000
-13.79%
Views
7
Current Estimated Value
$151,104

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,104
Avg. Annual Appreciation
12.44%
Original Mortgage
$65,000
Interest Rate
7.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 5, 2022
Sold by
Conner Ruth
Bought by
Tellus Properties Llc

Purchase Details

Closed on
Oct 11, 2022
Sold by
Laporte County
Bought by
Lowe Sam and Lowe Lola
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
K Wabash Llc $125,000 None Listed On Document
Tellus Properties Llc -- --
Lowe Sam $40,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open K Wabash Llc $240,000
Closed K Wabash Llc $65,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/29/2023 11/29/23 Sold $125,000 -13.8% $43 / Sq Ft
09/25/2023 09/25/23 For Sale $145,000 -- $50 / Sq Ft
Source: Northwest Indiana Association of REALTORS®

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 $988 $130,000 $7,800 $122,200
2022 $3,396 $169,800 $7,800 $162,000
2021 $2,706 $135,300 $7,800 $127,500
2020 $1,958 $135,300 $7,800 $127,500
2019 $658 $85,100 $7,800 $77,300
2018 $1,718 $81,100 $7,800 $73,300
2017 $1,496 $70,000 $3,600 $66,400
2016 $1,548 $72,600 $3,600 $69,000
2014 $1,800 $90,000 $3,600 $86,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 539763

Northwest Indiana Association of REALTORS®

APN: 46-01-29-457-016.000-022