$239,900 Price Analysis    ♡   Wabash, IN 46992 5 bed 4 bath 2,586 SqFt ($92/SqFt) 0.31 acre lot. Built 1920 Listed 2024-05-30, Taxes $1,366 | ✓ USDA Eligible near Wabash, IN Restrictions may apply due to home size |
This versatile income-generating property features a triplex with three big 1-bedroom units
Plus a detached 2-bedroom unit, all fully occupied! Three units boast washer and dryer access and all ar equipped with a refrigerator and oven. Several off-street parking spaces are available, offering convenient options for tenants. The property has been well cared for and the exterior has been recently painted.
The building has 2 gas and 2 electric me ters with the owner currently covering all utilities and lawncare. Future rent adjustments and utility RUBS offer further income potential. The property is sold as-is, presenting potential value-add opportunities. Don't miss your chance to own this multi-unit income property!
Presented by Jordan Wildman at
Exp Realty, Llc.
Property MLS #202419423 from IRMLS
Full Bathrooms: 4
Heating Features: Forced Air
Flooring: Mixed
Lot Size Acres: 0.31
Lot Size Dimensions: 60X227
Lot Size Square Feet: 13620
High School: Wabash
Middle School: Wabash
School District: Wabash City Schools
Map directions Map directions Map directionsNumber of 1 Bedroom Units: 3
Number of 2 Bedroom Units: 1
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 1
Bedrooms in Unit-3: 1
Bedrooms in Unit-4: 1
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Total Rooms in Unit-1: 5
Total Rooms in Unit-2: 4
Total Rooms in Unit-3: 3
Total Rooms in Unit-4: 4
Unit-1 Square Feet: 682
Unit 1 Total Actual Rent: 175
Unit 2 Total Actual Rent: 160
Unit 3 Total Actual Rent: 145
Unit 4 Total Actual Rent: 165
Lease Term: Week to Week
Tenant Pays: Cable, Cooling, Electric, Snow Removal, Deposit Value
Source Listing Status: Active
County: Wabash County
Directions: Enter address into Google Maps.
Tax Year: 2023
Source Property Type: INVESTMENT
Insurance Expense: 1557
Number of Separate Electric Meters: 2
Number of Separate Gas Meters: 2
Number of Separate Water Meters: 1
Owner Pays: Building Insurance, Heating, Lawn Maintenance, Maintenance, Sewer, Water
Parcel Number: 85-14-11-201-150.000-009
Postal Code Plus 4: 1866
Township: Noble
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2021 | $57,900 + $10,400 $68,300 | $1,366 |
| 2020 | $53,500 + $10,400 $63,900 | $1,278 |
| 2019 | $50,600 + $10,400 $61,000 | $1,220 |
| 2018 | $50,000 + $10,400 $60,400 | $1,208 |
| 2017 | $47,700 + $10,400 $58,100 | $1,200 |
| 2017 | $48,400 + $10,400 $58,800 | $1,200 |
| 2016 | $47,600 + $10,400 $58,000 | $1,186 |
| 2015 | $48,100 + $10,400 $58,500 | $1,184 |
| 2013 | $47,000 + $10,400 $57,400 | $1,862 |
| 2012 | $46,900 + $10,400 $57,300 | $1,946 |
| 2011 | $20,800 + $8,700 $29,500 | $905 |
| 2010 | $22,000 + $8,700 $30,700 | $967 |
| 2008 | $73,400 + $8,700 $82,100 | $2,054 |
$239,900
IRMLS
Listed 2024-05-30
$259,900
IRMLS
Sold 2022-05-04
$1,270,400
Public Record
Sold 2010-10-18
$37,500
Public Record
Listing removed 2010-06-15
$29,900
centralindiana
Relisted 2010-04-05
$29,900
centralindiana
Listing removed 2010-03-16
$29,900
centralindiana
Price Changed 2010-02-13
$29,900
centralindiana
Relisted 2009-10-25
$31,900
centralindiana
Listing removed 2009-09-15
$31,900
centralindiana
Price Changed 2009-07-12
$31,900
centralindiana
Listed 2009-04-13
$39,900
centralindiana
Year Built: 1920
Above Grade Finished Area: 2586
Below Grade Unfinished Area: 1234
Property Age: 104
Levels or Stories: 2
Structure Type: Fourplex
House Style: Two Story
Total Area Sqft: 3820
Total Below Grade Area: 1234
City
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.