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785 Spring St

Wabash, IN 46992

3 bd 1 ba 1,060 sqft Built 1940 Lot 5,888 sqft single_family
Most recent sale
$125,000
May 20, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 20, 2022 Sold $125,000 Public Record
May 17, 2022 Sold $125,000 IRMLS
Mar 10, 2022 Price changed $134,900 MLS #202205665
Feb 23, 2022 Listed $144,900 MLS #202205665
Nov 15, 2021 Sold $52,000 Public Record
Nov 12, 2021 Sold $52,000 IRMLS
Nov 22, 2009 Listing removed $44,900 centralindiana
Aug 19, 2009 Listed $44,900 MLS #77057089

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $99,700 $6,900 $106,600 $1,066
2022 $54,000 $6,900 $60,900 $429
2021 $49,600 $6,900 $56,500 $380
2020 $45,100 $6,900 $52,000 $340
2019 $44,900 $6,900 $51,800 $288
2018 $44,500 $6,900 $51,400 $286
2017 $42,700 $6,800 $49,500 $306
2016 $42,600 $6,800 $49,400 $196
2015 $42,800 $6,800 $49,600 $175
2014 $42,800 $6,800 $49,600 $155
2013 $41,800 $6,900 $48,700 $313
2012 $41,500 $6,900 $48,400 $325
2011 $31,900 $5,700 $37,600 $208
2010 $33,800 $5,700 $39,500 $28
2008 $34,800 $5,700 $40,500 $5

Property facts

Year built
1940
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,060 sqft
Lot size
5,888 sqft
ZIP code
46992
City
Wabash
Street
Spring St
Coordinates
40.80857, -85.81955

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$750
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 785 Spring St last sell?
785 Spring St most recently sold on May 20, 2022 for $125,000.
What is the current tax assessment for 785 Spring St?
The most recent total assessment for 785 Spring St (year 2024) is $106,600 with $1,066 in property tax.
How does 785 Spring St's assessment compare to its last sale price?
The current assessment is 14.7% below the last sale price of $125,000.
When was 785 Spring St built?
785 Spring St was built in 1940.
How does 785 Spring St compare to others on Spring St?
We track 8 other properties on Spring St. Browse the list under "Other properties on Spring St" to compare beds, baths, and sale history.
What are the property facts for 785 Spring St?
785 Spring St is a 3 bed, 1 bath, 1,060 sqft, 5,888 sqft lot single_family.
Is 785 Spring St a flip candidate?
Yes — 785 Spring St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 785 Spring St a tax-appeal candidate?
No — 785 Spring St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+2.2%
Implied 1-yr
+8.9%
2026 Q3
$170.8K
2026 Q4
$174.1K
ZIP 46992 — Median Price History + Forecast

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