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$89,900   Price Analysis
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291 W Main St
Wabash, IN 46992
4 bed 2 bath 2,064 SqFt ($43/SqFt)
2,178SqFt lot. Built 1910
Listed 2024-05-31, Taxes $1,044
USDA Eligible
near Wabash, IN
 Restrictions may apply
due to home size

Affordable Turn Key Duplex!!

* Has Contingent Offer *

Grossing $1516/mo with tr emendous room for improvement. Both units are two bedroom apartments and mnth to month so the new owner could make any changes they so desire.

You could even House hack and live in one unit and rent out the other to dramatically reduce your living expenses!Property to be sold as is (13 Other Properties available for sale in this package!


Presented by Jordan Wildman at
Exp Realty, Llc.
Listing Agent Photo

Property MLS #202419520 from IRMLS

Bedrooms: 4

Total Bathrooms: 2 / 0
Full Bathrooms: 2

Laundry Features: # of Washers: 2, # of Dryers: 2

Cooling Features: Central Air
Fuel Expense: 4701
Heating Features: Forced Air

Furnished Description: Building, Land, Lease
Flooring: Mixed

Basement Description: Full Basement

Lot Description: Level, Slope
Lot Size Acres: 0.05
Lot Size Dimensions: 33X66
Lot Size Square Feet: 2178

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

Wabash High School is a public high school located approximately 0.7 miles away.
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Wabash Middle School is a public elementary and middle school located approximately 0.8 miles away.
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St Bernard Elementary School is a private elementary school located approximately 0.2 miles away.
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Number of Units: 2
Number of 2 Bedroom Units: 2
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 2
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Rooms in Unit-1: 4
Total Rooms in Unit-2: 4
Unit 1 Total Actual Rent: 180
Unit 2 Total Actual Rent: 170

Income Includes: 18200
Lease Term: Week to Week
Tenant Pays: Cooling, Electric, Fuel, Heating, Sewer, Deposit Value

Maintenance Expense: 840

Community Features: Basement

Annual Tax Amount: 1504
Source Listing Status: Cont-AccptngBackupOffers
County: Wabash County
Directions: google maps
Tax Year: 2023
Source Property Type: INVESTMENT
Insurance Expense: 779
Number of Separate Electric Meters: 1
Number of Separate Gas Meters: 1
Number of Separate Water Meters: 1
Owner Pays: Building Insurance, Lawn Maintenance, Maintenance, Sewer, Tax, Trash Collection, Water
Parcel Number: 85-14-11-303-049.000-009
Postal Code Plus 4: 3020
Township: Noble
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2021$49,800 + $2,400
$52,200
$1,044
2020$48,900 + $2,400
$51,300
$1,026
2019$46,600 + $2,400
$49,000
$980
2018$46,600 + $2,400
$49,000
$980
2017$45,800 + $2,400
$48,200
$972
2017$45,000 + $2,400
$47,400
$972
2016$44,700 + $2,400
$47,100
$988
2015$45,300 + $2,400
$47,700
$966
2013$44,300 + $2,400
$46,700
$1,515
2012$43,700 + $2,400
$46,100
$1,565
2011$49,500 + $1,400
$50,900
$1,562
2010$53,600 + $1,400
$55,000
$874
2008$60,400 + $1,400
$61,800
$1,546

Price Changed 2024-06-18
$89,900
IRMLS
Listed 2024-05-31
$119,900
IRMLS
Sold 2022-05-04
$1,270,400
Public Record

Net Operating Income: 10376

Total Square Feet Living: 2064
Year Built: 1910
Above Grade Finished Area: 2064
Below Grade Unfinished Area: 1188
Construction Materials: Block
Property Age: 114
Levels or Stories: 2
Structure Type: Duplex
House Style: Two Story
Total Area Sqft: 3252
Total Below Grade Area: 1188

Sewer: City
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.