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$80,000   Price Analysis
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1234 Pike St
Wabash, IN 46992
4 bed 3 bath 2,047 SqFt ($39/SqFt)
7,841SqFt lot. Built 1939
Listed 2024-04-18, Taxes $794
USDA Eligible
near Wabash, IN
 Restrictions may apply
due to home size

Investors

Don't miss the opportunity on this triplex on Wabash's South Side.

Two un ts are currently on leases through 2024. Buyer to confirm schools.


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

Property MLS #202413098 from IRMLS

Bedrooms: 4

Total Bathrooms: 3 / 0
Full Bathrooms: 3

Cooling Features: Window
Fuel Expense: 795.72
Heating Features: Gas, Forced Air

Furnished Description: Building, Land, Lease
Flooring: Carpet, Laminate, Vinyl Tile, Wood

Basement Description: Crawl, Partial Basement, Unfinished

Lot Description: Level
Lot Size Acres: 0.1800046
Lot Size Dimensions: 60x132
Lot Size Square Feet: 7841

Driveway: Gravel
Garage Spaces: 3
Garage Description: Gravel, Off Street, Street

Number of Buildings: 1
Number of Units: 3
Number of 1 Bedroom Units: 2
Number of 2 Bedroom Units: 1
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 1
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 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 1.7 miles away.
directions icon Map directions

Wabash Middle School is a public elementary and middle school located approximately 1.8 miles away.
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Emmanuel Christian School is a private elementary, middle and high school located approximately 0.9 miles away.
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Income Includes: 18000
Lease Term: 1 Year
Tenant Pays: Electric, Fuel

Maintenance Expense: 500

Community Features: Porch Covered

Annual Tax Amount: 888
Source Listing Status: Active
County: Wabash County
Directions: SR 15 to Columbus Street, turn left on Vernon St, Turn right on Pike St to address on right
Tax Year: 2023
Source Property Type: INVESTMENT
Insurance Expense: 591
Owner Pays: Building Insurance, Fuel, Sewer, Tax, Trash Collection, Water
Parcel Number: 85-14-63-203-089.000-009
Property Location: City/Town/Suburb
Township: Noble
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2021$29,900 + $9,800
$39,700
$794
2020$29,900 + $9,800
$39,700
$794
2019$38,100 + $9,800
$47,900
$958
2018$36,100 + $9,800
$45,900
$918
2017$34,000 + $9,800
$43,800
$900
2017$34,000 + $9,800
$43,800
$900
2016$33,300 + $9,800
$43,100
$900
2015$32,500 + $9,800
$42,300
$886
2013$30,300 + $9,800
$40,100
$1,300
2012$31,600 + $9,800
$41,400
$1,406
2011$44,400 + $8,100
$52,500
$1,611
2010$51,800 + $8,100
$59,900
$1,060

Listed 2024-04-18
$80,000
IRMLS
Sold 2020-07-01
$93,000
IRMLS
Sold 2019-09-04
$32,000
Public Record

Net Operating Income: 12837.28

Total Square Feet Living: 2047
Year Built: 1939
Above Grade Finished Area: 2047
Below Grade Unfinished Area: 358
Construction Materials: Block
Property Age: 85
Roof: Shingle
Levels or Stories: 2
Structure Type: Triplex
House Style: Two Story
Total Area Main: 1430
Total Area Sqft: 2405
Total Area Upper: 617
Total Below Grade Area: 358

Sewer: City
City
Water Sewer Expense: 2388
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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.