NOT LISTED FOR SALE

303 N Columbia St Warsaw, IN 46580

Estimated Value: $165,000 - $214,000

5 Beds
3 Baths
2,158 Sq Ft
$93/Sq Ft Est. Value

Last Sold January 07, 2019

Last sale price $70,000 $32 Per Sq Ft

Est. 185% increase in value since last sale

Current estimated payment $1,362/month

48 Days on Market

Highlights

  • Forced Air Heating System
  • Edgewood Middle School Rated A
  • Level Lot

About This Home

As of January 2019

Fully rented triplex with stable renters with one year leases. Brings in $390 a week with renters paying their own utilities. All basically functional with some esthetic repairs needed. Seller will not do any repairs

Last Agent to Sell the Property

Alan Hoyt

eXp Realty, LLC Listed on: 10/14/2018

eXp Realty, LLC

Last Buyer's Agent

Liz Clark

Century 21 Affiliated

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1870

Lot Details

  • 5,796 Sq Ft Lot
  • Lot Dimensions are 63x92
  • Level Lot

Parking

  • 3 Parking Spaces

Home Design

  • Triplex
  • Asphalt

Interior Spaces

  • 2-Story Property
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electric, fuel
  • The owner pays for sewer, tax, trash collection, water
  • Assessor Parcel Number 43-11-08-300-678.000-032

Community Details

Overview

  • 3 Units

Building Details

  • Insurance Expense $1,500
  • Maintenance Expense $2,000
  • Trash Expense $1,000
  • Water Sewer Expense $1,200

Property Details

Home Type

Multi-Family

Year Built

Built in 1870

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1870
  • Age: 148
  • Style: Two Story
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 5
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: 004-043-074 Less W 40 Ft & N 3 Ft Lot 420 Hood & Britton Add AKA City of Warsaw |
  • Parcel Number ID: 43-11-08-300-678.000-032
  • Platted: Yes
  • Grid: 10 - Central Kosc.
  • Sp Lp Percent: 92.11
  • Annual Miscellaneous: 500
  • Monthly Gross Income: 1690
  • Special Features: None

Interior Features

  • Total Sq Ft: 2582
  • Total Finished Sq Ft: 2158
  • Above Grade Finished Sq Ft: 2158
  • Below Grade Sq Ft: 424
  • Price Per Sq Ft: 32.44
  • Basement: Yes
  • Basement Foundation: Partial Basement
  • Flooring: Mixed
  • Total Below Grade Sq Ft: 424
  • Number Of Ranges Ovens: 3

Exterior Features

  • Exterior: Asphalt
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 3

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 1500
  • Annual Maintenance Expense: 2000
  • Annual Trash Expense: 1000
  • Annual Water Sewer Expense: 1200
  • Number Of W D Hookups: 3

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 63x92
  • Estimated Lot Sq Ft: 5796
  • Estimated Lot Size Acres: 0.1331
  • Lot Number: 420

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Sewer, Tax, Trash Collection, Water
  • Tenant Pays: Electric, Fuel

Tax Info

  • Total Assessed Value: 85400
  • Annual Property Tax: 1799

Multi Family

  • Gross Monthly Rent: 1690
  • Number Of Refrigerators: 3
  • Number Of Units: 3
  • Num Of1 Bedrooms: 2
  • Num Of2 Bedrooms: 1
  • Num Of Units Rented: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2018
Closed on
Jan 7, 2019
Sold by
Islas Jorge A and Islas Rosario L
Bought by
Ormsby Brandee
Seller's Agent
Alan Hoyt
eXp Realty, LLC
Buyer's Agent
Liz Clark
Century 21 Affiliated
List Price
$89,600
Sold Price
$70,000
Premium/Discount to List
-$19,600
-21.88%
Current Estimated Value
$199,661

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,661
Avg. Annual Appreciation
15.03%
Original Mortgage
$52,500
Outstanding Balance
$46,789
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
$129,119

Purchase Details

Closed on
Mar 1, 2005
Sold by
Islas Rito
Bought by
Islas Jorge A and Islas Rosario L

Purchase Details

Closed on
Aug 6, 2001
Sold by
Laughlin Donald E and Laughlin Rosemary E
Bought by
Islas Rito L

Purchase Details

Closed on
Jul 1, 1999
Sold by
Frantz James R and Frantz Nanette M
Bought by
Laughlin Donald E and Laughlin Rosemary E
Source: Public Records

Range of Values:

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Average Value
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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
Ormsby Brandee $70,000 Metropolitan Title Of In Llc
Islas Jorge A -- None Available
Islas Rito L $72,500 --
Laughlin Donald E $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ormsby Brandee $52,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/07/2019 01/07/19 Sold $70,000 -7.9% $32 / Sq Ft
12/01/2018 12/01/18 Pending -- -- --
11/12/2018 11/12/18 Price Changed $76,000 -5.7% $35 / Sq Ft
11/03/2018 11/03/18 Price Changed $80,600 -5.8% $37 / Sq Ft
10/27/2018 10/27/18 Price Changed $85,600 -4.5% $40 / Sq Ft
10/14/2018 10/14/18 For Sale $89,600 -- $42 / 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 $3,104 $150,200 $16,900 $133,300
2023 $2,888 $138,900 $16,100 $122,800
2022 $2,591 $125,300 $13,400 $111,900
2021 $2,186 $105,200 $12,500 $92,700
2020 $2,027 $97,500 $9,500 $88,000
2019 $1,940 $92,500 $9,500 $83,000
2018 $1,854 $88,200 $9,500 $78,700
2017 $1,799 $85,400 $9,500 $75,900
2016 $1,702 $80,700 $7,400 $73,300
2014 $1,513 $75,600 $7,400 $68,200
2013 $1,513 $76,800 $7,400 $69,400
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2019

    Alan Hoyt

    eXp Realty, LLC

    (574) 453-8470

    54 Total Sales

    Section Image

  • L

    Buyer's Agent in 2019

    Liz Clark

    Century 21 Affiliated

    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 201846347

Indiana Regional MLS

APN: 43-11-08-300-678.000-032

Indiana Kosciusko County Warsaw 46580

303 N Columbia St, Warsaw, IN

This home is located at 303 N Columbia St, Warsaw, IN 46580 since 14 October 2018 and is currently estimated at $199,661, approximately $92 per square foot. This property was built in 1870. 303 N Columbia St is a home located in Kosciusko County with nearby schools including Washington 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.

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