585 Walnut St
Wabash, IN 46992
3 bd 1 ba 1,648 sqft Built 1920 Lot 30,492 sqft single_family
Most recent sale
$50,000
Jul 22, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jan 8, 2026 | Listing removed | $65,000 | IRMLS |
| Jul 22, 2022 | Sold | $50,000 | Public Record |
| Jul 21, 2022 | Sold | $50,000 | IRMLS |
| Jun 13, 2022 | Listed | $54,900 | MLS #202223403 |
| Jan 27, 2022 | Listing removed | $69,500 | IRMLS |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $42,500 | $26,500 | $69,000 | $1,380 |
| 2022 | $72,800 | $26,500 | $99,300 | $2,013 |
| 2021 | $66,600 | $26,500 | $93,100 | $1,889 |
| 2020 | $61,300 | $26,500 | $87,800 | $471 |
| 2018 | $58,000 | $26,500 | $84,500 | $84 |
| 2017 | $56,300 | $26,500 | $82,800 | $105 |
| 2016 | $56,100 | $26,500 | $82,600 | $88 |
| 2015 | $55,800 | $26,500 | $82,300 | $88 |
| 2014 | $56,000 | $26,500 | $82,500 | $57 |
| 2013 | $54,800 | $26,500 | $81,300 | $392 |
| 2012 | $54,700 | $26,500 | $81,200 | $409 |
| 2011 | $45,700 | $22,100 | $67,800 | $290 |
| 2010 | $47,900 | $22,100 | $70,000 | $132 |
| 2009 | $48,300 | $22,100 | $70,400 | $108 |
| 2008 | $49,900 | $18,600 | $68,500 | $117 |
Property facts
Year built
1920
Property type
single_family
Stories
2
Beds
3
Baths
1
Living area
1,648 sqft
Lot size
30,492 sqft
ZIP code
46992
City
Wabash
Street
Walnut St
Coordinates
40.80321, -85.81245
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$300
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 585 Walnut St last sell?
585 Walnut St most recently sold on Jul 22, 2022 for $50,000.
What is the current tax assessment for 585 Walnut St?
The most recent total assessment for 585 Walnut St (year 2024) is $69,000 with $1,380 in property tax.
How does 585 Walnut St's assessment compare to its last sale price?
The current assessment is 38.0% above the last sale price of $50,000.
When was 585 Walnut St built?
585 Walnut St was built in 1920.
How does 585 Walnut St compare to others on Walnut St?
We track 8 other properties on Walnut St. Browse the list under "Other properties on Walnut St" to compare beds, baths, and sale history.
What are the property facts for 585 Walnut St?
585 Walnut St is a 3 bed, 1 bath, 1,648 sqft, 30,492 sqft lot single_family.
Is 585 Walnut St a flip candidate?
No — 585 Walnut St does not appear in our flips dataset.
Is 585 Walnut St a tax-appeal candidate?
Yes — 585 Walnut St appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+2.2%
Implied 1-yr
+8.9%
2026 Q3
$170.8K
2026 Q4
$174.1K
ZIP 46992 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Walnut St