NOT LISTED FOR SALE

1516 Dot St Warsaw, IN 46580

Estimated Value: $161,000 - $233,610

4 Beds
2 Baths
1,440 Sq Ft
$131/Sq Ft Est. Value

Last Sold August 29, 2018

Last sale price $93,500 $65 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $1,127/month

2 Days on Market

Highlights

  • Eat-In Kitchen
  • Laundry closet
  • Storm Doors
  • Madison Elementary School Rated A-
  • Forced Air Heating and Cooling System
  • Level Lot

About This Home

As of August 2018

Convenient location, good rental history, this duplex offers 2 bedrooms and 1 bath with each unit, both units are currently rented and renter pays utilities.

Last Agent to Sell the Property

Steve Savage

RE/MAX Results Listed on: 07/17/2018

RE/MAX Results

Last Buyer's Agent

Tony Kaehr

Coldwell Banker Real Estate Group

Coldwell Banker Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,369

Year Built

  • Built in 1990

Lot Details

  • 8,000 Sq Ft Lot
  • Lot Dimensions are 100x80
  • Level Lot

Home Design

  • Duplex
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Laminate Countertops

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Washer Hookup

Home Security

  • Storm Doors
  • Fire and Smoke Detector

Parking

  • 2 Parking Spaces
  • Driveway
  • Paved Parking

Location

  • Suburban Location

Utilities

  • Forced Air Heating and Cooling System
  • Shared Well
  • Well
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable, cooling, electric, fuel, heating, snow removal, trash collection
  • The owner pays for lawn maintenance, maintenance
  • Assessor Parcel Number 43-11-07-400-348.000-032

Community Details

Overview

  • 2 Units

Pet Policy

  • Pets Allowed with Restrictions

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Insurance Expense $2,436
  • Maintenance Expense $165

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,369

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1990
  • Style: One Story
  • Architectural Style: Ranch
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: 004-038-188 Lot 10 Boggs SD 2nd Add |
  • Parcel Number ID: 43-11-07-400-348.000-032
  • Platted: Yes
  • Amenities: Cable Available, Countertops-Laminate, Detector-Smoke, Eat-In Kitchen, Storm Doors, Washer Hook-Up
  • Grid: 10 - Central Kosc.
  • Location: City/Town/Suburb
  • Sp Lp Percent: 93.59
  • Monthly Gross Income: 1080
  • Special Features: None

Interior Features

  • Total Sq Ft: 1440
  • Total Finished Sq Ft: 1440
  • Above Grade Finished Sq Ft: 1440
  • Price Per Sq Ft: 64.93
  • Basement Foundation: Crawl
  • Flooring: Carpet, Laminate
  • Main Level Sq Ft: 1440
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt
  • Stories: 1

Garage/Parking

  • Driveway: Asphalt
  • Number Of Parking Spaces: 2
  • Parking: Paved

Utilities

  • Cooling: Central Air
  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: Well
  • Electric Company: NIPSCO
  • Gas Company: NIPSCO
  • Cable Company: Comcast
  • Well Type: Shared
  • Annual Insurance Expense: 2436
  • Annual Maintenance Expense: 165
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Of W D Hookups: 2

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 100X80
  • Estimated Lot Sq Ft: 8000
  • Estimated Lot Size Acres: 0.1837
  • Lot Number: 10

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Lawn Maintenance, Maintenance
  • Tenant Pays: Cable, Cooling, Electric, Fuel, Heating, Snow Removal, Trash Collection

Multi Family

  • Gross Monthly Rent: 1080
  • Number Of Dishwashers: 2
  • Number Of Dryers: 1
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Number Of Washers: 1
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 1369.48

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2018
Closed on
Aug 29, 2018
Sold by
King Michael L and King Lisa A
Bought by
Solorzano Carlos M and Solorzano Matilde A
Seller's Agent
Steve Savage
RE/MAX Results
Buyer's Agent
Tony Kaehr
Coldwell Banker Real Estate Group
List Price
$99,900
Sold Price
$93,500
Premium/Discount to List
-$6,400
-6.41%
Current Estimated Value
$188,153

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,653
Avg. Annual Appreciation
10.24%
Original Mortgage
$74,800
Outstanding Balance
$65,096
Interest Rate
4.5%
Mortgage Type
Commercial
Estimated Equity
$123,057

Purchase Details

Listed on
Jul 17, 2018
Closed on
Aug 27, 2018
Sold by
Yarnall Georgia G and The Georgia G Yarnall Revocabl
Bought by
King Michael L
Seller's Agent
Steve Savage
RE/MAX Results
Buyer's Agent
Tony Kaehr
Coldwell Banker Real Estate Group
List Price
$99,900
Sold Price
$93,500
Premium/Discount to List
-$6,400
-6.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,800
Outstanding Balance
$65,096
Interest Rate
4.5%
Mortgage Type
Commercial
Estimated Equity
$123,057

Purchase Details

Closed on
Mar 1, 1996
Sold by
Etal Johnson Harold F
Bought by
Siegfried Arthur and Siegfried Martha L
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Solorzano Carlos M -- None Available
King Michael L -- None Available
King Michael L -- None Available
Siegfried Arthur $123,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Solorzano Carlos M $74,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/29/2018 08/29/18 Sold $93,500 -6.4% $65 / Sq Ft
07/19/2018 07/19/18 Pending -- -- --
07/17/2018 07/17/18 For Sale $99,900 -- $69 / 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 $1,681 $134,400 $16,000 $118,400
2023 $1,566 $126,300 $16,000 $110,300
2022 $1,372 $115,100 $16,000 $99,100
2021 $1,258 $99,500 $14,000 $85,500
2020 $1,243 $97,500 $12,000 $85,500
2019 $938 $75,400 $12,000 $63,400
2018 $905 $71,600 $12,000 $59,600
2017 $1,431 $68,000 $12,000 $56,000
2016 $1,369 $65,000 $10,000 $55,000
2014 $1,278 $63,900 $10,000 $53,900
2013 $1,278 $61,100 $10,000 $51,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201839287

Indiana Regional MLS

APN: 43-11-07-400-348.000-032