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Single Family ResidenceResidential
$221,625$111 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 83How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Sep 24, 2026
Last sold for $185,000 on Aug 8, 2024

5498 S 500 W

WABASH, IN 46992
4
Beds
2.5
Baths
1,999 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
1.5 ac
Lot SizeThe size of the land the home sits on, from county records.
1991
Year BuiltThe year the home was originally built, according to county records.
2
StoriesHow many floors the home has above ground.
12
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.
2
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$222K
$185K low$259K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$185,000 · Aug 8, 2024

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$1,451 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$254,100 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$24,300
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$229,800
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$218,400
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$254,100

Climate Risk

Overall riskThe average of the five hazard scores below, on a 0 to 100 scale. Higher means greater projected risk over the coming decades.11
44
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
7
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
6
DroughtProjected water shortage risk, scored 0 to 100. Higher means more strain on the local water supply.
Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.10 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.30%
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.minimal

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyWABASH
Lot (acres)The size of the land the home sits on, from county records.1.50
ConstructionThe main material the home's frame and walls are built from.Masonry/Concrete Masonry Units (Cmus)
FoundationWhat the home is built on, such as a concrete slab, a crawl space, or a basement.No Foundation
RoofThe main material covering the roof, such as asphalt shingle or tile.Asphalt
FireplaceWhether the home has a fireplace, and what kind.Yes
PoolWhether the property has a pool, and what kind, such as in-ground.No
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Shed · 200 ft²

Transaction History(2)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

M
Southwood Jr-Sr High SchoolB
Middle · Grades 6–12 · 5.5 mi
E
Southwood Elementary SchoolB
Elementary · Grades PK–5 · 5.9 mi

District: Wabash County Schools Metropolitan School District

Neighborhood · ZIP 46992These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.122
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.116
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.32

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.89%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.16%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.9.9%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.1%
PopulationHow many people live in this area.15,988
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.97 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$67,823
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$83,083
Average tempThe average temperature here across a full year.50°F
Annual precipHow much rain and melted snow falls here in a typical year.39 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.55%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

5498 S 500 W measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth more than 72% of homes in Wabash 46992
  • Bigger than 74% of homes in Wabash 46992
  • Has a bigger lot than 75% of homes in Wabash 46992
  • Newer than 84% of homes in Wabash 46992

What homes are worth in Wabash 46992

Each bar is how many homes fall in that price range. The marker is this home.

This home
$53K$467K

This home is worth more than 72% of homes in Wabash 46992.

How it measures up in Wabash 46992

The dot is this home. The mark in the middle is the typical home in Wabash 46992.

Estimated value$221,625
CheaperTypical $162,506Pricier

Pricier than 72% of homes nearby

Price per ft²$111
CheaperTypical $106Pricier

Pricier than 55% of homes nearby

Living area1,999 ft²
SmallerTypical 1,572 ft²Bigger

Bigger than 74% of homes nearby

Lot size1.5 ac
SmallerTypical 0.33 acBigger

Bigger than 75% of homes nearby

Year built1991
OlderTypical 1955Newer

Newer than 84% of homes nearby

How 5498 S 500 W ranks against every home in each area.
MeasureThis homeWabash 46992Wabash County
Estimated valuepricier than$221,62572% of homes69% of homes
Price per ft²pricier than$11155% of homes52% of homes
Living areabigger than1,999 ft²74% of homes72% of homes
Lot sizebigger than1.5 ac75% of homes69% of homes
Year builtnewer than199184% of homes82% of homes

About 5498 S 500 W

How much is 5498 S 500 W, Wabash, IN worth?

The TopHap Estimate for 5498 S 500 W, Wabash, IN is $221,625 as of Sep 24, 2026. The likely range is $184,740 to $258,510. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 5498 S 500 W, Wabash, IN last sell?

5498 S 500 W, Wabash, IN last sold on Aug 8, 2024 for $185,000, according to the county's recorded deed.

How big is 5498 S 500 W, Wabash, IN?

5498 S 500 W, Wabash, IN has 4 bedrooms, 2.5 bathrooms, 1,999 square feet of living space and a 1.50-acre lot.

When was 5498 S 500 W, Wabash, IN built?

5498 S 500 W, Wabash, IN was built in 1991, making it 35 years old. The building has 2 stories.

What schools serve 5498 S 500 W, Wabash, IN?

5498 S 500 W, Wabash, IN is assigned to Southwood Jr-Sr High School (middle), rated B; Southwood Elementary School (elementary), rated B. All sit in Wabash County Schools Metropolitan School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 5498 S 500 W, Wabash, IN compare to other homes in Wabash 46992?

Among the 6,461 homes in Wabash 46992, it is worth more than 72% of them ($221,625 against a typical $162,506), its price per square foot is higher than 55% of them ($111 against a typical $106), it is bigger than 74% of them (1,999 ft² against a typical 1,572 ft²), its lot is bigger than 75% of them (1.5 ac against a typical 0.33 ac) and it is newer than 84% of them (1991 against a typical 1955). Measured against all of Wabash County, it is worth more than 69% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 5498 S 500 W, Wabash, IN?

The 2025 property tax bill for 5498 S 500 W, Wabash, IN was $1,451. The county assessed it at $254,100.

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