NOT LISTED FOR SALE

212 S Union St Warsaw, IN 46580

Estimated Value: $190,000 - $227,000

4 Beds
3 Baths
2,016 Sq Ft
$101/Sq Ft Est. Value

Last Sold October 05, 2018

Last sale price $77,500 $38 Per Sq Ft

Est. 163% increase in value since last sale

Current estimated payment $1,326/month

289 Days on Market

Highlights

  • Forced Air Heating System
  • Laundry Facilities
  • Carpet
  • Edgewood Middle School Rated A
  • Level Lot
  • 1-Story Property

About This Home

As of October 2018

Great Investment Property! 3 unit apartment building, city water and sewer. Great in town location. 1 - 2 bedroom unit & 2 - 1 bedroom units. Shared laundry.

Last Agent to Sell the Property

Kim Hart

RE/MAX Results Listed on: 11/13/2017

RE/MAX Results

Last Buyer's Agent

Loretta Reeder

Brian Peterson Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,788

Year Built

  • Built in 1900

Lot Details

  • 5,808 Sq Ft Lot
  • Lot Dimensions are 44x132
  • Level Lot

Parking

  • 3 Parking Spaces

Home Design

  • Triplex
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property
  • Carpet
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Location

  • Suburban Location

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • The owner pays for electric, fuel, lawn maintenance, trash collection, water
  • Assessor Parcel Number 43-11-07-200-637.000-032

Community Details

Pet Policy

  • Pets Allowed with Restrictions

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $2,993
  • Fuel Expense $1,289
  • Insurance Expense $2,479
  • Maintenance Expense $500
  • Trash Expense $504
  • Water Sewer Expense $1,874

Additional Features

  • 3 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,788

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1900
  • Age: 118
  • Style: One Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: 4-40-141 S2/3 Lot 2 Chipmans Add
  • Parcel Number ID: 43-11-07-200-637.000-032
  • Platted: Yes
  • Amenities: Basement, Water Heater Gas
  • Cross Street: Market
  • Grid: 10 - Central Kosc.
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Sp Lp Percent: 81.58
  • Monthly Gross Income: 1475
  • Special Features: None

Interior Features

  • Total Sq Ft: 3600
  • Total Finished Sq Ft: 2016
  • Above Grade Finished Sq Ft: 2016
  • Below Grade Sq Ft: 1584
  • Price Per Sq Ft: 38.44
  • Basement: Yes
  • Basement Foundation: Partial Basement
  • Flooring: Carpet
  • Total Below Grade Sq Ft: 1584
  • Number Of Ranges Ovens: 3

Exterior Features

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

Garage/Parking

  • Number Of Parking Spaces: 3

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: NIPSCO
  • Gas Company: NIPSCO
  • Water Company: Indiana American Water Co
  • Cable Company: Comcast
  • Annual Electric: 2993
  • Annual Fuel Expense: 1289
  • Annual Insurance Expense: 2479
  • Annual Maintenance Expense: 500
  • Annual Trash Expense: 504
  • Annual Water Sewer Expense: 1874
  • Number Electric Meters: 3
  • Number Gas Meters: 3
  • Number Of W D Hookups: 1
  • Number Water Meters: 1

Condo/Co-op/Association

  • Common Amenities: Laundry Facilities
  • Pet Restrictions: Yes

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 44x132
  • Estimated Lot Sq Ft: 5808
  • Estimated Lot Size Acres: 0.13

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Electric, Fuel, Lawn Maintenance, Trash Collection, Water

Multi Family

  • Gross Monthly Rent: 1475
  • Number Of Dryers: 1
  • Number Of Refrigerators: 3
  • Number Of Units: 3
  • Number Of Washers: 1
  • Num Of1 Bedrooms: 2
  • Num Of2 Bedrooms: 1
  • Num Of Units Rented: 3

Tax Info

  • Annual Property Tax: 1788

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/05/2018 10/05/18 Sold $77,500 -18.4% $38 / Sq Ft
08/29/2018 08/29/18 Pending -- -- --
08/27/2018 08/27/18 For Sale $95,000 0.0% $47 / Sq Ft
07/15/2018 07/15/18 Pending -- -- --
05/14/2018 05/14/18 Price Changed $95,000 -9.5% $47 / Sq Ft
11/13/2017 11/13/17 For Sale $105,000 -- $52 / 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 $2,986 $144,500 $13,600 $130,900
2023 $2,922 $140,700 $13,600 $127,100
2022 $2,643 $127,100 $11,300 $115,800
2021 $2,222 $106,300 $10,500 $95,800
2020 $2,142 $102,400 $8,000 $94,400
2019 $2,041 $97,400 $8,000 $89,400
2018 $1,948 $92,900 $8,000 $84,900
2017 $1,883 $89,600 $8,000 $81,600
2016 $1,788 $85,000 $6,300 $78,700
2014 $1,462 $73,100 $6,300 $66,800
2013 $1,462 $74,300 $6,300 $68,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201752653

Indiana Regional MLS

APN: 43-11-07-200-637.000-032