$3,500,000

1875 & 1825 W Winona Ave Warsaw, IN 46580

Estimated payment $19,465/month

Total Views 9,906
4 Beds
1.5 Baths
3,097 Sq Ft
$1,130 Price per Sq Ft

Highlights

  • 48.53 Acre Lot
  • Partially Wooded Lot
  • Corner Lot
  • Edgewood Middle School Rated A
  • Wood Flooring
  • Ceiling height of 9 feet or more

About This Home

Developer’s Dream – 48+ Acres with Pond, Homes, and Outbuildings all within city limits! A rare and exceptional opportunity awaits with this parcel that is over 43 acres and ideal for a future housing addition or mixed-use development. Currently operating as a horse farm, the property includes two homes, a well-maintained pole building, garage, and multiple sheds. A tranquil pond and mature wooded areas offer natural beauty and potential for green spaces or recreational amenities. Located in a growing community with a rising demand for residential options, this land provides the perfect canvas for your vision. Whether you're seeking a residential subdivision, private estate lots, or commercial potential, this property offers flexibility, location, and strong investment appeal. Located near a golf course and in proximity to expanding communities, this is a prime spot to bring your vision to life.

Listing Agent

Susan Hoffman

RE/MAX Results- Warsaw Brokerage Phone: 260-578-7224 Listed on: 06/30/2025

RE/MAX Results- Warsaw

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,177

Year Built

  • Built in 1910

Lot Details

  • 48.53 Acre Lot
  • Corner Lot
  • Level Lot
  • Partially Wooded Lot

Parking

  • 10 Parking Spaces

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Wood Flooring
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms

Location

  • Suburban Location

Schools

  • Washington Elementary School
  • Edgewood Middle School
  • Warsaw High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Well
  • Electric Water Heater
  • Water Softener is Owned
  • Septic System

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 43-10-13-100-347.000-032

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,177

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Year Built: 1910
  • Age: 115
  • Style: Two Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 1
  • Total Number of Half Bathrooms: 1
  • Legal Description: 4-85-12.A TR NE NE 13-32-5 1.11A, 4-85-12 PT E 1/2 13 PT WETLANDS RES PROGRAM(23.35A) & PT FOREST RES (22.18A) 13-32-5 47.42A
  • Parcel Number ID: 43-10-13-100-347.000-032
  • Platted: Yes
  • Amenities: Fireplace, Ceiling-9+, Water Heater Electric, Water Softener-Owned
  • Location: City/Town/Suburb
  • Parcel Id2: 43-10-13-100-007.000-032
  • Year Taxes Payable: 7744.70
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 4130
  • Total Finished Sq Ft: 3097
  • Above Grade Finished Sq Ft: 3097
  • Below Grade Sq Ft: 1033
  • Price Per Sq Ft: 1130.13
  • Basement: Yes
  • Basement Foundation: Partial Basement
  • Flooring: Wood
  • Total Below Grade Sq Ft: 1033
  • Number Of Microwaves: 1
  • Number Of Ranges Ovens: 1

Exterior Features

  • Exterior: Vinyl
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 10

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Septic
  • Water Utilities: Well
  • Electric Company: NIPSCO
  • Gas Company: NIPSCO
  • Number Of W D Hookups: 1

Schools

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

Lot Info

  • Lot Description: Corner, Level, Partially Wooded, Rolling
  • Estimated Lot Sq Ft: 2113967
  • Estimated Lot Size Acres: 48.53

Rental Info

  • Owner Pays: Electric, Heating

Tax Info

  • Exemptions: Homestead, Supplemental

Multi Family

  • Number Of Dishwashers: 1
  • Number Of Dryers: 1
  • Number Of Refrigerators: 2
  • Number Of Washers: 1

MLS Schools

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

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $5,177 $235,500 $66,500 $169,000
2023 $4,903 $216,400 $59,100 $157,300
2022 $3,891 $225,000 $51,400 $173,600
2021 $4,221 $185,900 $47,300 $138,600
2020 $3,088 $133,500 $45,100 $88,400
2019 $3,129 $135,900 $50,500 $85,400
2018 $3,110 $132,900 $51,500 $81,400
2017 $3,075 $132,500 $56,100 $76,400
2016 $3,063 $131,000 $57,000 $74,000
2014 $2,689 $128,100 $58,800 $69,300
2013 $2,689 $119,900 $53,100 $66,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2025 06/30/25 For Sale $3,500,000 -- $1,130 / Sq Ft
Source: Indiana Regional MLS

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Available
Source: Public Records

Source: Indiana Regional MLS

MLS Number: 202527465

Indiana Regional MLS

APN: 43-10-13-100-007.000-032