NOT LISTED FOR SALE

108 E Center St Warsaw, IN 46580

Estimated Value: $459,620

1 Bed
3 Baths
2,568 Sq Ft
$179/Sq Ft Est. Value

Last Sold June 17, 2024

Last sale price $420,000 $164 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,712/month

79 Days on Market

Highlights

  • Luxury Vinyl Tile Flooring
  • Multiple cooling system units
  • Level Lot
  • Edgewood Middle School Rated A
  • Forced Air Heating System
  • 5-minute walk to Nye Park

About This Home

As of June 2024

Historic building in downtown Warsaw has been completely refurbished and remodeled. Exposed brick main retail floor PLUS upper level 2 bedroom, 1.5 bath apartment. Put your business on main floor and live upstairs, or gain 2 streams of income and rent both! Extensive list of improvements include brand new roof, new electrical and plumbing, all new flooring, 3 new heat pumps, new ceiling in retail space plus 1/2 bath and office/break room area. Apartment was completely gutted and re-built - there is also a composite deck off the bedroom to enjoy and relax. The basement is also great usable space for storage, etc. Complete list of improvements in Associated Docs.

Last Agent to Sell the Property

Teresa Bakehorn

Our House Real Estate Listed on: 02/08/2024

Last Buyer's Agent

Brian Peterson

Brian Peterson Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,721

Year Built

  • Built in 1880

Lot Details

  • 1,307 Sq Ft Lot
  • Lot Dimensions are 66x22
  • Level Lot

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Luxury Vinyl Tile Flooring
  • Washer Hookup
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 1 Bedroom

Schools

  • Lincoln Elementary School
  • Lakeview Middle School
  • Warsaw High School

Utilities

  • Multiple cooling system units
  • Forced Air Heating System
  • Heat Pump System
  • Heating System Uses Gas

Community Details

  • Community Storage Space

Listing and Financial Details

  • Assessor Parcel Number 43-11-08-300-013.000-032

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,721

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Year Built: 1880
  • Age: 144
  • Style: Two Story
  • Bedrooms: 1
  • Number Above Grade Bedrooms: 1
  • Total Bathrooms: 3
  • Total Full Bathrooms: 1
  • Total Number of Half Bathrooms: 2
  • Legal Description: 004-043-334 Pt Lot 44 O P; 004-043-333.B 2'x23' TR E PT W1/2 MDL 1/3 LOT 44 OP
  • Parcel Number ID: 43-11-08-300-013.000-032
  • Platted: Yes
  • Amenities: Basement, Storage, Deck Open, Washer Hook-Up
  • Grid: 10 - Central Kosc.
  • Parcel Id2: 43-11-08-300-971.000-032
  • Sp Lp Percent: 89.55
  • Year Taxes Payable: 2024
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 3768
  • Total Finished Sq Ft: 2568
  • Above Grade Finished Sq Ft: 2368
  • Below Grade Finished Sq Ft: 200
  • Below Grade Sq Ft: 1200
  • Price Per Sq Ft: 177.36
  • Basement: Yes
  • Basement Foundation: Partially Finished
  • Flooring: Vinyl Tile
  • Main Level Sq Ft: 1386
  • Total Below Grade Sq Ft: 1400
  • Number Of Ranges Ovens: 1
  • Number Ttl Rooms Below Grade: 3

Exterior Features

  • Exterior: Brick
  • Stories: 2

Utilities

  • Cooling: Heat Pump, Multiple Cooling Units
  • Heating Fuel: Gas, Forced Air, Heat Pump
  • Sewer: City
  • Water Utilities: City
  • Number Of W D Hookups: 1

Schools

  • School District: Warsaw Community
  • Elementary School: Lincoln
  • Middle School: Lakeview
  • High School: Warsaw
  • Elementary School: Lincoln

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 66x22
  • Estimated Lot Sq Ft: 1307
  • Estimated Lot Size Acres: 0.03

Multi Family

  • Number Of Dishwashers: 1
  • Number Of Dryers: 1
  • Number Of Refrigerators: 1
  • Number Of Units: 1
  • Number Of Washers: 1
  • Num Of1 Bedrooms: 1

MLS Schools

  • High School: Warsaw
  • Middle School: Lakeview
  • School District: Warsaw Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2024
Closed on
Jun 17, 2024
Sold by
Silver Capital Investments Llc
Bought by
Tbrh Llc
Seller's Agent
Teresa Bakehorn
Our House Real Estate
Buyer's Agent
Brian Peterson
Brian Peterson Real Estate
List Price
$499,000
Sold Price
$420,000
Premium/Discount to List
-$79,000
-15.83%
Views
74
Current Estimated Value
$459,620

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,620
Original Mortgage
$320,000
Outstanding Balance
$299,155
Interest Rate
7.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 28, 2022
Sold by
Kramer Jerry T
Bought by
Silver Capital Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,640
Interest Rate
6.92%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Tbrh Llc $420,000 Metropolitan Title
Silver Capital Investments Llc -- Metropolitan Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tbrh Llc $320,000
Previous Owner Silver Capital Investments Llc $132,640
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2024 06/17/24 Sold $420,000 -10.4% $164 / Sq Ft
04/27/2024 04/27/24 Pending -- -- --
04/05/2024 04/05/24 Price Changed $469,000 -6.0% $183 / Sq Ft
02/08/2024 02/08/24 For Sale $499,000 -- $194 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,721 $119,500 $24,400 $95,100
2023 $2,749 $119,500 $24,400 $95,100
2022 $1,330 $119,500 $24,400 $95,100
2021 $1,183 $114,200 $24,700 $89,500
2020 $1,161 $113,600 $24,900 $88,700
2019 $1,135 $110,000 $23,900 $86,100
2018 $1,514 $109,500 $23,400 $86,100
2017 $1,421 $107,000 $23,600 $83,400
2016 $1,420 $104,700 $23,100 $81,600
2014 $1,238 $98,100 $21,500 $76,600
2013 $1,238 $96,200 $21,100 $75,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202403959

Indiana Regional MLS

APN: 43-11-08-300-013.000-032