NOT LISTED FOR SALE

322 S Washington St Warsaw, IN 46580

Estimated Value: $177,000 - $238,000

5 Beds
4 Baths
3,093 Sq Ft
$64/Sq Ft Est. Value

Last Sold September 25, 2015

Last sale price $100,000 $32 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $1,360/month

15 Days on Market

Highlights

  • Corner Lot
  • Covered Patio or Porch
  • Forced Air Heating and Cooling System
  • Edgewood Middle School Rated A
  • Landscaped
  • 1-minute walk to Rarick Park

About This Home

As of September 2015

Solid rental history with potential for increase in rents. Plenty of offstreet parking. Convenient location. Seller pays utilities on unit 2. There are 3 gfa furnaces and 3 central air units and 2 water heaters. Possible 4th unit as an efficiency.

Last Agent to Sell the Property

Marcia Anderson

Coldwell Banker Real Estate Group Listed on: 08/17/2015

Coldwell Banker Real Estate Group

Last Buyer's Agent

Mary Mills

Homes Land & Lakes Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,894

Year Built

  • Built in 1910

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 66x132
  • Landscaped
  • Corner Lot

Home Design

  • Quadruplex
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Washer Hookup

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction
  • Crawl Space

Parking

  • 6 Parking Spaces
  • Off-Street Parking

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Multiple Heating Units
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Covered Patio or Porch
  • Suburban Location

Listing and Financial Details

  • Tenant pays for cable, electric, heating
  • The owner pays for building insurance, cooling, heating, sewer, tax, water
  • Assessor Parcel Number 43-11-08-300-332.000-032

Community Details

Overview

  • 3 Units
  • Hood & Britton Subdivision

Amenities

  • Community Storage Space

Pet Policy

  • Pets Allowed with Restrictions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,894

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Fourplex
  • Year Built: 1910
  • Age: 105
  • Style: Two Story
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 5
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: Lot 338 Hood & Britton Add |
  • Parcel Number ID: 43-11-08-300-332.000-032
  • Platted: Yes
  • Amenities: Basement, Off Street Parking, Storage, Cable Available, Landscaped, Porch Covered, Water Heater Gas, Washer Hook-Up
  • Grid: 10 - Central Kosc.
  • Location: City/Town/Suburb
  • Sp Lp Percent: 97.09
  • Year Taxes Payable: 2015
  • Special Features: None

Interior Features

  • Total Sq Ft: 4920
  • Total Finished Sq Ft: 3093
  • Above Grade Finished Sq Ft: 3093
  • Below Grade Sq Ft: 1827
  • Price Per Sq Ft: 32.33
  • Basement: Yes
  • Basement Foundation: Crawl, Full Basement, Unfinished
  • Basement Material: Block
  • Flooring: Carpet, Vinyl
  • Total Below Grade Sq Ft: 1827
  • Number Of Ranges Ovens: 3

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 6

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air, Multiple Heating Systems
  • Sewer: City
  • Water Utilities: City
  • Electric Company: NIPSCO
  • Gas Company: NIPSCO
  • Water Company: Indiana American Water Co
  • Number Of W D Hookups: 1

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

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

Lot Info

  • Lot Description: Corner
  • Lot Dimensions: 66x132
  • Estimated Lot Sq Ft: 8712
  • Estimated Lot Size Acres: 0.2

Rental Info

  • Lease Term: Negotiable
  • Owner Pays: Building Insurance, Cooling, Heating, Sewer, Tax, Water
  • Tenant Pays: Cable, Electric, Heating

Tax Info

  • Annual Property Tax: 1894

Multi Family

  • Number Of Refrigerators: 3
  • Number Of Units: 3
  • Number Of Washers: 1
  • Num Of1 Bedrooms: 1
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 3

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 17, 2015
Closed on
Sep 25, 2015
Sold by
Williams David T and Williams Candy L
Bought by
Hunter Scott A
Seller's Agent
Marcia Anderson
Coldwell Banker Real Estate Group
Buyer's Agent
Mary Mills
Homes Land & Lakes Realty
List Price
$103,000
Sold Price
$100,000
Premium/Discount to List
-$3,000
-2.91%
Current Estimated Value
$197,007

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,007
Avg. Annual Appreciation
6.96%

Purchase Details

Closed on
Jul 29, 2005
Sold by
Webb Michael J and Webb Se Nam
Bought by
Williams David T and Williams Cindy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,250
Interest Rate
5.74%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 4, 2000
Sold by
White and Barbara
Bought by
Webb Michael J and Webb Se Nam
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
Hunter Scott A -- Attorney
Williams David T -- None Available
Webb Michael J $72,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Williams David T $68,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/25/2015 09/25/15 Sold $100,000 -2.9% $32 / Sq Ft
09/01/2015 09/01/15 Pending -- -- --
08/17/2015 08/17/15 For Sale $103,000 -- $33 / 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 $3,827 $185,200 $20,300 $164,900
2023 $3,749 $180,500 $20,300 $160,200
2022 $3,387 $162,900 $17,000 $145,900
2021 $2,857 $136,700 $15,700 $121,000
2020 $2,799 $133,800 $12,000 $121,800
2019 $2,531 $120,800 $12,000 $108,800
2018 $2,421 $115,300 $12,000 $103,300
2017 $2,351 $111,700 $12,000 $99,700
2016 $2,227 $105,700 $9,400 $96,300
2014 $1,894 $94,700 $9,400 $85,300
2013 $1,894 $96,300 $9,400 $86,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201539323

Indiana Regional MLS

APN: 43-11-08-300-332.000-032