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$80,000   Price Analysis
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456 W Canal St
Wabash, IN 46992
5 bed 3 bath 1,668 SqFt ($47/SqFt)
5,663SqFt lot. Built 1910
Listed 2024-04-18, Taxes $1,024
USDA Eligible
near Wabash, IN
 

Investors- Don't miss this triplex situatd near downtown Wabash.

Each unit rents for $500 each. One upper and one lower unit in the house and one unit in the garage.

Two of the three units are currently on leases through 2024. Buyer to confirm schools and square footage per unit.


Presented by Amy Brown at
Heartland Real Estate Brokers.
Listing Agent Photo

Property MLS #202413087 from IRMLS

Bedrooms: 5

Total Bathrooms: 3 / 0
Full Bathrooms: 3

Cooling Features: Window
Heating Features: Gas, Forced Air

Furnished Description: Building, Land
Flooring: Carpet, Laminate, Wood

Basement Description: Crawl

Fencing: Chain Link

Lot Description: Level
Lot Size Acres: 0.1300046
Lot Size Dimensions: 44x132
Lot Size Square Feet: 5663

Garage Spaces: 6
Garage Description: Off Street, Street

Number of Buildings: 2
Number of Units: 3
Number of 1 Bedroom Units: 1
Number of 2 Bedroom Units: 2
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 1
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Total Rooms in Unit-1: 4
Total Rooms in Unit-2: 4
Total Rooms in Unit-3: 4
Unit-1 Square Feet: 546
Unit-2 Square Feet: 546
Unit-3 Square Feet: 576
Unit 1 Total Actual Rent: 500
Unit 2 Total Actual Rent: 500
Unit 3 Total Actual Rent: 500

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 0.8 miles away.
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Wabash Middle School is a public elementary and middle school located approximately 0.9 miles away.
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St Bernard Elementary School is a private elementary school located approximately 0.4 miles away.
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Income Includes: 18000
Lease Term: 1 Year
Tenant Pays: Electric, Fuel

Maintenance Expense: 500

Community Features: Off Street Parking, Porch Covered

Annual Tax Amount: 1230
Source Listing Status: Active
County: Wabash County
Directions: US 24 to Stitt St exit. Turn right right on Bond, then left on Canal to property on Left.
Tax Year: 2023
Source Property Type: INVESTMENT
Insurance Expense: 591
Owner Pays: Sewer, Tax, Trash Collection, Water
Parcel Number: 85-14-40-404-065.000-009
Property Location: City/Town/Suburb
Township: Noble
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2021$46,800 + $4,400
$51,200
$1,024
2020$46,100 + $4,400
$50,500
$1,010
2019$44,300 + $4,400
$48,700
$974
2018$44,300 + $4,400
$48,700
$974
2017$57,300 + $4,400
$61,700
$1,228
2017$55,800 + $4,400
$60,200
$1,228
2016$56,000 + $4,400
$60,400
$1,258
2015$56,600 + $4,400
$61,000
$1,232
2013$55,300 + $4,400
$59,700
$1,936
2012$54,800 + $4,400
$59,200
$2,010
2011$49,700 + $2,600
$52,300
$1,605
2010$53,300 + $2,600
$55,900
$902
2008$60,200 + $2,600
$62,800
$1,571

Listed 2024-04-18
$80,000
IRMLS
Listing removed 2017-10-24
$39,900
IRMLS
Listed 2017-09-12
$39,900
IRMLS
Sold 2013-09-12
$23,700
Public Record

Net Operating Income: 13322.38

Total Square Feet Living: 1668
Year Built: 1910
Above Grade Finished Area: 1668
Property Age: 114
Roof: Shingle
Levels or Stories: 2
Structure Type: Triplex
House Style: Two Story
Total Area Main: 1092
Total Area Sqft: 1668
Total Area Upper: 1092

Sewer: City
City
Water Sewer Expense: 2356.62
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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.