$220,000
SOLD SEP 30, 2025

321 N Union St Unit A & B Warsaw, IN 46580

4 Beds
2.5 Baths
1,932 Sq Ft
4,756 Sq Ft Lot

Recently Sold

$114 Per Sq Ft

2% Below List Price

39 Days on Market

Highlights

  • Traditional Architecture
  • Corner Lot
  • Eat-In Kitchen
  • Edgewood Middle School Rated A
  • Porch
  • Attic Fan

About This Home

As of September 2025

Duplex Investment Opportunity! This well-maintained duplex is fully rented and generating income from day one, making it a perfect addition to your portfolio. Unit A features 3 bedrooms, 1.5 baths, and a spacious two-story layout that appeals to long-term tenants, while Unit B offers 1 bedroom and 1 bath, all on one level for convenience and easy living. Each unit has its own deck and separate utilities, providing privacy and independence for tenants. The property includes parking at the back with a concrete patio, along with additional street parking. Landlord currently covers water, sewer, and trash, keeping things simple. With solid cash flow and strong potential for appreciation, this is a smart investment you don’t want to miss.

Last Agent to Sell the Property

Brian Peterson

Brian Peterson Real Estate Listed on: 08/18/2025

Last Buyer's Agent

Brian Peterson

Brian Peterson Real Estate Listed on: 08/18/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,986

Year Built

  • Built in 1910

Lot Details

  • 4,756 Sq Ft Lot
  • Lot Dimensions are 58x82
  • Corner Lot
  • Level Lot

Home Design

  • Duplex
  • Traditional Architecture
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 1.5-Story Property
  • Partially Finished Basement
  • Crawl Space
  • Attic Fan
  • Eat-In Kitchen

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • 5 Parking Spaces
  • Driveway
  • Off-Street Parking

Schools

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

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Water Softener is Owned

Additional Features

  • Porch
  • Suburban Location

Listing and Financial Details

  • Tenant pays for electric, fuel
  • The owner pays for sewer, trash collection, water
  • Assessor Parcel Number 43-11-07-200-066.000-032

Community Details

Overview

  • 2 Units

Pet Policy

  • Pet Restriction

Building Details

  • Insurance Expense $1,323
  • Water Sewer Expense $2,868

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,986

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1910
  • Style: One and Half Story
  • Architectural Style: Traditional
  • Bedrooms: 4
  • Total Bathrooms: 3
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Legal Description: 4-40-24 STP 58 X 82' NE COR N 1/2 SW 7-32-6 .11A
  • Parcel Number ID: 43-11-07-200-066.000-032
  • Platted: Yes
  • Amenities: Deck Open, Eat-In Kitchen, Porch Open, Water Softener-Owned
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Special Features: None

Interior Features

  • Total Sq Ft: 2716
  • Total Finished Sq Ft: 1932
  • Above Grade Finished Sq Ft: 1932
  • Below Grade Sq Ft: 784
  • Basement: Yes
  • Basement Foundation: Crawl, Partially Finished
  • Flooring: Carpet, Vinyl
  • Main Level Sq Ft: 1148
  • Total Below Grade Sq Ft: 784
  • Number Of Microwaves: 2
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Stories: 1.5

Garage/Parking

  • Driveway: Concrete
  • Number Of Parking Spaces: 5
  • Parking: Off Street

Utilities

  • Cooling: Attic Fan
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: NIPSCO
  • Gas Company: NIPSCO
  • Water Company: Indiana American Water Co
  • Annual Insurance Expense: 1323
  • Annual Water Sewer Expense: 2867.88
  • Number Of W D Hookups: 2

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • Elementary School: Washington

Lot Info

  • Lot Description: Corner, Level
  • Lot Dimensions: 58X82
  • Estimated Lot Sq Ft: 4756
  • Estimated Lot Size Acres: 0.11

Rental Info

  • Owner Pays: Sewer, Trash Collection, Water
  • Tenant Pays: Electric, Fuel

Tax Info

  • Annual Property Tax: 2986.46

Multi Family

  • Number Of Dishwashers: 1
  • Number Of Dryers: 2
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Number Of Washers: 2
  • Num Of1 Bedrooms: 1

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2025
Closed on
Sep 30, 2025
Sold by
Kehoe Kerry K
Bought by
Nectar Holdings Group Llc
Seller's Agent
Brian Peterson
Brian Peterson Real Estate
Buyer's Agent
Brian Peterson
Brian Peterson Real Estate
List Price
$225,000
Sold Price
$220,000
Premium/Discount to List
-$5,000
-2.22%
Views
13

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-8.66%
Original Mortgage
$155,000
Outstanding Balance
$155,000
Interest Rate
6.58%
Mortgage Type
New Conventional
Estimated Equity
$64,602

Purchase Details

Closed on
Apr 23, 1999
Sold by
Busz Dewayne E and Busz Becky L
Bought by
Kehoe Kerry K

Purchase Details

Closed on
Sep 18, 1997
Sold by
Cosgrove Joseph F
Bought by
Busz Dewayne E and Busz Becky L
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Deed $51,000 --
Deed $33,217 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2025 09/30/25 Sold $220,000 -2.2% $114 / Sq Ft
09/26/2025 09/26/25 Pending -- -- --
08/18/2025 08/18/25 For Sale $225,000 -- $116 / 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 $2,914 $141,000 $13,800 $127,200
2023 $2,850 $136,900 $13,800 $123,100
2022 $2,574 $123,500 $11,400 $112,100
2021 $2,181 $104,100 $10,600 $93,500
2020 $2,092 $99,800 $8,100 $91,700
2019 $1,928 $91,800 $8,100 $83,700
2018 $1,845 $87,600 $8,100 $79,500
2017 $1,783 $84,500 $8,100 $76,400
2016 $1,693 $80,100 $6,300 $73,800
2014 $1,402 $69,900 $6,300 $63,600
2013 $1,402 $71,400 $6,300 $65,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202532903

Indiana Regional MLS

APN: 43-11-07-200-066.000-032