NOT LISTED FOR SALE

1502 Rivercrest Dr Warsaw, IN 46580

Estimated Value: $244,000 - $272,525

4 Beds
2.5 Baths
2,365 Sq Ft
$109/Sq Ft Est. Value

Last Sold June 18, 2020

Last sale price $126,000 $53 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $1,468/month

63 Days on Market

Highlights

  • 100 Feet of Waterfront
  • 1 Fireplace
  • Bathtub with Shower
  • Madison Elementary School Rated A-
  • 2 Car Attached Garage
  • Central Air

About This Home

As of June 2020

***You are in LUCK! Buyer's financing fell through. Here's your opportunity! Bring the toolbox, this investor-friendly home is looking for a face-lift. Sitting on over 3/4's of an acre and backing right up to the Tippy River this home is going to make someone a beautiful home. With a solid roof, windows, and foundation, the shell is in good shape for you to bring your remodeling abilities. A newer high efficient boiler is coupled with dual A/C air handlers and a generator is in place for any power outages. A recently water-proofed basement comes with an E-Z Breathe system and a battery-backup sump pump. Home is also available for sale with three wooded lots at a discounted price of $154,000. See MLS #'s 202010039, 202010040, and 202010041.

Last Agent to Sell the Property

James Bausch

RE/MAX Results Listed on: 04/01/2020

RE/MAX Results

Last Buyer's Agent

Heather Deal

H Team Dream Homes

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $909

Year Built

  • Built in 1964

Lot Details

  • 0.77 Acre Lot
  • Lot Dimensions are 335x100
  • 100 Feet of Waterfront
  • River Front
  • Rural Setting
  • Vinyl Fence
  • Sloped Lot
  • Property is zoned R1

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Poured Concrete
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Water Views

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathtub with Shower
  • Separate Shower

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Natural lighting in basement

Schools

  • Madison Elementary School
  • Edgewood Middle School
  • Warsaw High School

Utilities

  • Central Air
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Gas
  • The river is a source of water for the property
  • Private Company Owned Well
  • Well
  • Septic System
  • TV Antenna

Community Details

  • Pipers Melody Acres Subdivision

Listing and Financial Details

  • Assessor Parcel Number 43-11-06-300-101.000-031

Home Details

Home Type

Single Family

Est. Annual Taxes

$909

Year Built

Built in 1964

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1964
  • Age: 56
  • Style: Two Story
  • Total Number of Rooms: 13
  • Total Number of Rooms Below Grade: 2
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 3
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Legal Description: 003-023-020 LOT 4 BLK 1 PIPERS MELODY ACRES003-023-034 | LOT 1 BLK 2 PIPERS MELODY ACRES AND 003-023-035 | LOT 2 BLK 2 PIPERS MELODY ACRES AND 003-023-035.A | LOT 3 BLK 2 PIPERS MELODY ACRES
  • Parcel Number ID: 43-11-06-300-101.000-031
  • Platted: Yes
  • Amenities: Antenna, Ceiling Fan(s), Stand Up Shower, Tub/Shower Combination
  • Grid: 15 - Central Kosc. Water
  • Location: Rural Subdivision
  • Sp Lp Percent: 90.65
  • County Zoning: R1
  • Year Taxes Payable: 2019
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 2790
  • Total Finished Sq Ft: 2365
  • Above Grade Finished Sq Ft: 1940
  • Below Grade Finished Sq Ft: 425
  • Below Grade Sq Ft: 425
  • Price Per Sq Ft: 64.95
  • Basement: Yes
  • Basement Foundation: Daylight, Full Basement, Partially Finished
  • Basement Material: Poured Concrete
  • Number Of Fireplaces: 1
  • Fireplace: Den, One
  • Fireplace: Yes
  • Living Great Room: Dimensions: 23x12, On Level: Main
  • Kitchen: Dimensions: 12x11, On Level: Main
  • Dining Room: Dimensions: 13x11, On Level: Main
  • Family Room: Dimensions: 20x12, On Level: Main
  • Recreation Room: Dimensions: 32x11, On Level: Lower
  • Extra Room: Utilities & Storage, Dimensions: 32x11, On Level: Lower
  • Bedroom 1: Dimensions: 14x10, On Level: Upper
  • Bedroom 2: Dimensions: 13x10, On Level: Upper
  • Bedroom 3: Dimensions: 10x10, On Level: Upper
  • Bedroom 4: Dimensions: 11x9, On Level: Upper
  • Main Level Sq Ft: 1090
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 850

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt, Shingle
  • Outbuilding1: None
  • Fence: Vinyl
  • Water Frontage: 100
  • Water Name: Tippecanoe River

Garage/Parking

  • Driveway: Concrete
  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 25x20
  • Garage Sq Ft: 500
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Baseboard, Hot Water
  • Sewer: Septic
  • Water Utilities: Well
  • Water Type: River
  • Well Type: Private

Schools

  • School District: Warsaw Community
  • Elementary School: Madison
  • Middle School: Edgewood
  • High School: Warsaw
  • Elementary School: Madison

Lot Info

  • Lot Description: Slope, Waterfront, 0-2.9999, Water View
  • Lot Dimensions: 335x100
  • Estimated Lot Sq Ft: 33541
  • Estimated Lot Size Acres: 0.77
  • Lot Number: 4

Tax Info

  • Annual Taxes: 909
  • Total Assessed Value: 137900
  • Exemptions: Homestead, Supplemental

Multi Family

  • Water Access: Riverfront

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2020
Closed on
Jun 19, 2020
Sold by
Lisenbee Wright Peggi
Bought by
Hayes Cale S
Seller's Agent
James Bausch
RE/MAX Results
Buyer's Agent
Heather Deal
H Team Dream Homes
List Price
$139,000
Sold Price
$126,000
Premium/Discount to List
-$13,000
-9.35%
Current Estimated Value
$257,631

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,631
Avg. Annual Appreciation
14.25%
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
Hayes Cale S -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/18/2020 06/18/20 Sold $126,000 -9.4% $53 / Sq Ft
06/03/2020 06/03/20 Pending -- -- --
04/01/2020 04/01/20 For Sale $139,000 -- $59 / 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 $1,406 $193,400 $20,500 $172,900
2023 $1,274 $185,200 $20,500 $164,700
2022 $1,249 $170,000 $20,500 $149,500
2021 $1,030 $147,300 $20,500 $126,800
2020 $986 $143,500 $17,600 $125,900
2019 $909 $137,900 $17,600 $120,300
2018 $896 $131,600 $17,600 $114,000
2017 $782 $125,300 $17,600 $107,700
2016 $845 $125,300 $17,600 $107,700
2014 $746 $124,900 $17,600 $107,300
2013 $746 $121,000 $17,600 $103,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202011667

Indiana Regional MLS

APN: 43-11-06-300-101.000-031