NOT LISTED FOR SALE

2226 E Market St Warsaw, IN 46580

Estimated Value: $190,000 - $302,964

8 Beds
4 Baths
1,560 Sq Ft
$153/Sq Ft Est. Value

Last Sold July 15, 2022

Last sale price $272,000 $174 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $1,475/month

6 Days on Market

Highlights

  • Kitchen Island
  • Ceramic Tile Flooring
  • Level Lot
  • Lincoln Elementary School Rated A-
  • Forced Air Heating System
  • 1-Story Property

About This Home

As of July 2022

2 DUPLEXES - 4 rentable units. Updated kitchens and baths, 3 units have private laundry, 2 units have attached garage. Additional off street parking. One unit has newer roof. East unit has access to furnace in partial basement - accessed from driveway facing Market St. Good return and low expenses.

Last Agent to Sell the Property

Teresa Bakehorn

Our House Real Estate Listed on: 05/11/2022

Last Buyer's Agent

Scott Gingerich

The Gingerich Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,250

Year Built

  • Built in 1970

Lot Details

  • 0.37 Acre Lot
  • Lot Dimensions are 45x132x6x54x21
  • Level Lot

Home Design

  • Duplex
  • Slab Foundation

Interior Spaces

  • 1,560 Sq Ft Home
  • 1-Story Property
  • Exterior Basement Entry
  • Kitchen Island

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Parking

  • 4 Parking Spaces
  • Off-Street Parking

Schools

  • Lincoln Elementary School
  • Lakeview Middle School
  • Warsaw High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electric, heating, water
  • The owner pays for building insurance, sewer, trash collection
  • Assessor Parcel Number 43-11-09-200-919.000-032

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Mount Memorial Subdivision

Building Details

  • Insurance Expense $1,460
  • Maintenance Expense $1,000
  • Water Sewer Expense $2,150

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,250

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1970
  • Style: One Story
  • Bedrooms: 8
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: 004-048-135 W 44.50' Lot 70 Mt Mem Add, and 004-048-136 E 15.50' Lot 70, S 21' N 1/2 Lot 72 & Pt N 1/2 Lot 71 Mt Mem Add
  • Parcel Number ID: 43-11-09-200-919.000-032
  • Platted: Yes
  • Amenities: Off Street Parking, Kitchen Island
  • Grid: 10 - Central Kosc.
  • Parcel Id2: 43-11-09-200-921.000-032
  • Special Features: None

Interior Features

  • Total Sq Ft: 1560
  • Total Finished Sq Ft: 1560
  • Above Grade Finished Sq Ft: 1560
  • Basement Foundation: Slab, Outside Entrance Only
  • Flooring: Ceramic Tile, Laminate
  • Number Of Microwaves: 4
  • Number Of Ranges Ovens: 4

Exterior Features

  • Exterior: Aluminum
  • Stories: 1

Garage/Parking

  • Number Of Parking Spaces: 4

Utilities

  • Cooling: Window
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 1460
  • Annual Maintenance Expense: 1000
  • Annual Water Sewer Expense: 2150
  • Number Of W D Hookups: 3

Schools

  • Elementary School: Lincoln

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 45x132x6x54x21
  • Estimated Lot Sq Ft: 16117
  • Estimated Lot Size Acres: 0.37

Rental Info

  • Owner Pays: Building Insurance, Sewer, Trash Collection
  • Tenant Pays: Electric, Heating, Water

Tax Info

  • Annual Property Tax: 3250

Multi Family

  • Number Of Dishwashers: 3
  • Number Of Dryers: 3
  • Number Of Refrigerators: 4
  • Number Of Units: 4
  • Number Of Washers: 3
  • Num Of2 Bedrooms: 4

MLS Schools

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

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
07/15/2022 07/15/22 Sold $272,000 +8.8% $174 / Sq Ft
05/17/2022 05/17/22 Pending -- -- --
05/11/2022 05/11/22 For Sale $249,900 -- $160 / 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 $2,728 $132,000 $19,700 $112,300
2023 $2,355 $113,400 $19,700 $93,700
2022 $2,098 $100,900 $16,400 $84,500
2021 $1,808 $86,500 $16,400 $70,100
2020 $1,734 $82,900 $12,800 $70,100
2019 $1,571 $75,000 $12,800 $62,200
2018 $1,476 $70,300 $11,600 $58,700
2017 $1,434 $68,100 $11,600 $56,500
2016 $1,367 $64,900 $10,300 $54,600
2014 $1,214 $60,700 $10,300 $50,400
2013 $1,214 $61,700 $10,300 $51,400
Source: Public Records

Agents Affiliated with this Home

  • Teresa Bakehorn

    Seller's Agent in 2022

    Teresa Bakehorn

    Our House Real Estate

    (574) 551-2601

    605 Total Sales

    Teresa Bakehorn
    Section Image
  • Scott Gingerich

    Buyer's Agent in 2022

    Scott Gingerich

    The Gingerich Group

    (407) 575-0893

    197 Total Sales

    Scott Gingerich
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202217765

Indiana Regional MLS

APN: 43-11-09-200-921.000-032

Indiana Kosciusko County Warsaw 46580

2226 E Market St, Warsaw, IN

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.

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