NOT LISTED FOR SALE

1506 Tippecanoe Dr Warsaw, IN 46580

Estimated Value: $127,885 - $152,000

2 Beds
1 Bath
13,500 Sq Ft
$10/Sq Ft Est. Value

Last Sold September 05, 2014

Last sale price $270,000 $20 Per Sq Ft

Est. 49% decrease in value since last sale

Current estimated payment $861/month

189 Days on Market

Highlights

  • Luxury Vinyl Tile Flooring
  • Forced Air Heating and Cooling System
  • Level Lot
  • Madison Elementary School Rated A-

About This Home

As of September 2014

1506 Tippecanoe Drive is a two story apartment building with 8 - two bedroom units. Each 2 bedroom unit includes carport, private basement storage, and washer/dryer. Good location. City water and sewer. Call for details or to take a look.

Last Agent to Sell the Property

Fred Steffen

Steffen Realty Listed on: 02/11/2014

Last Buyer's Agent

Fred Steffen

Steffen Realty Listed on: 02/11/2014

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,348

Year Built

  • Built in 1988

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 129 x 178
  • Level Lot

Home Design

  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Carpet
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 16 Parking Spaces
  • Carport
  • Parking Lot
  • Off-Street Parking

Location

  • Suburban Location

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electric, heating, sewer, water
  • The owner pays for building insurance, lawn maintenance, maintenance
  • Assessor Parcel Number 43-11-07-400-053.000-032

Community Details

Overview

  • 8 Units

Pet Policy

  • Pet Restriction

Building Details

  • Electric Expense $224
  • Fuel Expense $400
  • Insurance Expense $1,726
  • Maintenance Expense $10,515
  • Water Sewer Expense $8,914

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,348

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Eightplex
  • Year Built: 1988
  • Age: 26
  • Style: Two Story
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: 004-038-005.JC2 C 2 CHECOSE VILLAGE CONDOS PHASE 2 |
  • Parcel Number ID: 43-11-07-400-053.000-032
  • Platted: Yes
  • Amenities: Off Street Parking
  • Grid: 10 - Central Kosc.
  • Location: City/Town/Suburb
  • Sp Lp Percent: 83.08
  • Monthly Gross Income: 4148
  • Year Taxes Payable: 2013
  • Special Features: None

Interior Features

  • Total Sq Ft: 13500
  • Total Finished Sq Ft: 13500
  • Above Grade Finished Sq Ft: 9000
  • Below Grade Finished Sq Ft: 4500
  • Price Per Sq Ft: 30
  • Basement Foundation: Full Basement
  • Flooring: Carpet, Vinyl Tile
  • Total Below Grade Sq Ft: 4500
  • Number Of Disposals: 8
  • Number Of Ranges Ovens: 8

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 16
  • Parking: Lot, Off Street, Private

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Electric: 224.31
  • Annual Fuel Expense: 400.3
  • Annual Insurance Expense: 1726.47
  • Annual Maintenance Expense: 10514.7
  • Annual Water Sewer Expense: 8914.21
  • Number Of W D Hookups: 8

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 129 x 178
  • Estimated Lot Sq Ft: 6970
  • Estimated Lot Size Acres: 0.16

Rental Info

  • Lease Term: 6 Months
  • Owner Pays: Building Insurance, Lawn Maintenance, Maintenance
  • Tenant Pays: Electric, Heating, Sewer, Water

Multi Family

  • Gross Monthly Rent: 4500
  • Number Of Dryers: 8
  • Number Of Refrigerators: 8
  • Number Of Units: 8
  • Number Of Washers: 8
  • Num Of2 Bedrooms: 8
  • Num Of Units Rented: 8

Tax Info

  • Annual Property Tax: 6347.84

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 30, 2019
Sold by
Ruckman Family Limited Partnership
Bought by
Hb Realty Llc
Current Estimated Value
$136,721

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$930,320
Interest Rate
4.1%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Feb 25, 1999
Sold by
Gore Chester M and Gore Dorothy L
Bought by
Steffen Harlan W
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Hb Realty Llc -- Liberty Title & Escrow Co
Steffen Harlan W $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alpha Warsaw Llc $1,200,000
Open Alpha Warsaw Llc $2,400,000
Previous Owner Hb Realty Llc $930,320
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/05/2014 09/05/14 Sold $270,000 -16.9% $20 / Sq Ft
08/19/2014 08/19/14 Pending -- -- --
02/11/2014 02/11/14 For Sale $325,000 -- $24 / 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 $1,399 $67,700 $3,700 $64,000
2023 $758 $36,500 $3,900 $32,600
2022 $759 $36,500 $3,900 $32,600
2021 $715 $34,200 $3,900 $30,300
2020 $720 $34,400 $3,900 $30,500
2019 $721 $34,400 $3,900 $30,500
2018 $750 $35,700 $3,900 $31,800
2017 $743 $35,300 $3,900 $31,400
2016 $841 $39,900 $9,000 $30,900
2014 $798 $39,900 $9,000 $30,900
2013 $798 $39,300 $9,000 $30,300
Source: Public Records

Agents Affiliated with this Home

  • Fred Steffen

    Seller's Agent in 2014

    Fred Steffen

    Steffen Realty

    (574) 528-0705

    66 Total Sales

    Fred Steffen
    Section Image
See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 201403162

Indiana Regional MLS

APN: 43-11-07-400-053.000-032

Indiana Kosciusko County Warsaw 46580

1506 Tippecanoe Dr, Warsaw, IN

This home is located at 1506 Tippecanoe Dr, Warsaw, IN 46580 since 11 February 2014 and is currently estimated at $136,721, approximately $10 per square foot. This property was built in 1988. 1506 Tippecanoe Dr is a home located in Kosciusko County with nearby schools including Madison Elementary School, Edgewood Middle School, and Warsaw Community High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes