Investors, this fully occupied fourplex in Wabash is a turnkey income property waiting for you! Each of the four spacious one-bedroom units boasts a refrigerator, oven, and access to a brand new, shared laundry room. Peace of mind comes with recently replaced HVAC (furnace and AC) and a new water heater, minimizing maintenance needs. The owner currently covers lawncare and all utilities (1 meter for each utility), future rent adjustments and the potential to implement a RUBS system present exciting opportunities to maximize your income. Residents will love the convenience of not only their in-unit amenities but also the 3 off-street parking spots and the desirable location near shops, restaurants, and entertainment. The property is sold "as-is," allowing you to add your own value and personalize this stable investment.
Closed
$220,000
127 Elm St, Wabash, IN 46992
8beds
2,490sqft
Quadruplex
Built in 1910
-- sqft lot
$209,300 Zestimate®
$--/sqft
$1,029 Estimated rent
Home value
$209,300
$172,000 - $245,000
$1,029/mo
Zestimate® history
Owner options
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$1,029/mo
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$1,029/mo
Rent Zestimate®
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$1,357/mo
Est. payment
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$1,357/mo
Est. payment
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List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Jordan Wildman Home:260-498-0384,
eXp Realty, LLC
Bought with:
Amanda Zumbrun, RB22002029
Siders Premiere Properties, LLC
Source: IRMLS,MLS#: 202419419
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Forced Air
Cooling
- Central Air
Features
- Flooring: Mixed
- Basement: Crawl Space,Block
Interior area
- Total structure area: 2,490
- Total interior livable area: 2,490 sqft
- Finished area above ground: 2,490
- Finished area below ground: 0
Property
Parking
- Total spaces: 6
Features
- Levels: Two
- Stories: 2
- Patio & porch: Porch Covered
Lot
- Size: 8,712 Square Feet
- Dimensions: 66X132
- Features: Level
Details
- Additional structures: None
- Parcel number: 851411401018.000009
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Vinyl Siding
Condition
- New construction: No
- Year built: 1910
Utilities & green energy
- Sewer: City
- Water: City
Community & HOA
Community
- Subdivision: None
Location
- Region: Wabash
Financial & listing details
- Tax assessed value: $95,100
- Annual tax amount: $2,042
- Date on market: 7/16/2024
- Inclusions: Building, Land, Lease
- Lease term: Weekly
- Total actual rent: 34320
- Tenant pays: Cable TV, Snow Removal, Deposit Value
Price history
| Date | Event | Price |
|---|---|---|
| 7/12/2024 | Sold | $220,000-8.3% |
Source:  IRMLS #202419419 Report a problem | ||
| 5/31/2024 | Listed for sale | $239,900+269.1% |
Source: IRMLS #202419419 Report a problem | ||
| 8/9/2010 | Sold | $65,000+702.5%$26/sqft |
Source: Public Record Report a problem | ||
| 6/18/2010 | Price change | $8,100-10%$3/sqft |
Source: Fannie Mae #77060397 Report a problem | ||
| 5/13/2010 | Price change | $9,000-25%$4/sqft |
Source: foreclosure.com Report a problem | ||
| 3/26/2010 | Price change | $12,000-82.4%$5/sqft |
Source: foreclosure.com Report a problem | ||
| 3/21/2010 | Listed for sale | -- |
Source: foreclosure.com Report a problem | ||
| 2/22/2010 | Sold | $68,123$27/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,112 +3.4% | $95,100 -9.9% |
| 2024 | $2,042 +16.4% | $105,600 +3.4% |
| 2023 | $1,754 +8.1% | $102,100 +16.4% |
| 2022 | $1,622 +1.6% | $87,700 +8.1% |
| 2021 | $1,596 +7.4% | $81,100 +1.6% |
| 2020 | $1,486 +0.3% | $79,800 +7.4% |
| 2019 | $1,482 -3% | $74,300 +0.3% |
| 2018 | $1,528 -1.3% | $74,100 -3% |
| 2017 | $1,548 | $76,400 -1.5% |
| 2016 | $1,548 +3.6% | $77,600 -0.9% |
| 2014 | $1,494 -2.7% | $78,300 +2% |
| 2013 | $1,536 +6.1% | $76,800 -1.7% |
| 2012 | $1,448 +4.9% | $78,100 +13.2% |
| 2011 | $1,380 +0.9% | $69,000 |
| 2010 | $1,367 +12.9% | $69,000 |
| 2009 | $1,211 -26.7% | $69,000 +4.5% |
| 2007 | $1,651 -4.2% | $66,000 +0.9% |
| 2006 | $1,724 | $65,400 -1.8% |
| 2005 | -- | $66,600 |
Find assessor info on the county website
Neighborhood: 46992
Nearby homes
- $8251 bd1 ba550 sqft127 Elm St #1, Wabash, IN 46992For Rent
- $--1 bd1 ba375 sqft127 Elm St #3, Wabash, IN 46992Off Market
- $--1 bd1 ba600 sqft127 Elm St #4, Wabash, IN 46992Off Market
- $--1 bd1 ba570 sqft127 Elm St #2, Wabash, IN 46992Off Market
- $114,0005 bd2 ba2.3k sqft139 Elm St, Wabash, IN 46992Off Market
- $144,1003 bd1 ba1.8k sqft111 Elm St, Wabash, IN 46992Off Market
- $160,7005 bd1 ba2.4k sqft165 Elm St, Wabash, IN 46992Off Market
- $156,4003 bd1 ba1.5k sqft124 Elm St, Wabash, IN 46992Sold
Nearby schools
GreatSchools rating
- 5/10Wabash Middle SchoolGrades: 5-8Distance: 0.6 mi
- 5/10Wabash High SchoolGrades: 9-12Distance: 0.5 mi
- 6/10O J Neighbours Elementary SchoolGrades: PK-4Distance: 1 mi
Schools provided by the listing agent
- Elementary: OJ Neighbors
- Middle: Wabash
- High: Wabash
- District: Wabash City Schools
Source: IRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Indiana
- Wabash County
- Wabash
- 46992
- 127 Elm St
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