NOT LISTED FOR SALE

3895 N Meadow Ridge Dr Warsaw, IN 46582

Estimated Value: $162,000 - $679,423

2 Beds
2 Baths
-- Sq Ft
2.35 Acres

Last Sold April 24, 2014

Last sale price $470,000

Est. 30% decrease in value since last sale

Current estimated payment $1,926/month

272 Days on Market

Highlights

  • Cul-De-Sac
  • Double Pane Windows
  • Luxury Vinyl Tile Flooring
  • Madison Elementary School Rated A-
  • Patio
  • Forced Air Heating and Cooling System

About This Home

As of April 2014

5 duplexes for a total of 10 units, onsite laundry, many updates since 2010 making this a worry free income property. Roofs were new in 2008. Complete financials with listing agent. rents listed are as of January 2013. Occupancy not guaranteed to be 100% as of date of closing

Last Agent to Sell the Property

Terry Baker

Kosciusko County Lakes Realty Listed on: 07/24/2013

Last Buyer's Agent

Terry Baker

Kosciusko County Lakes Realty Listed on: 07/24/2013

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,642

Year Built

  • Built in 1985

Lot Details

  • 2.35 Acre Lot
  • Lot Dimensions are 5x125x160
  • Cul-De-Sac
  • Level Lot

Parking

  • 20 Parking Spaces

Home Design

  • Duplex
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 2 Bedrooms
  • 1-Story Property
  • Double Pane Windows
  • Fire and Smoke Detector

Flooring

  • Carpet
  • Luxury Vinyl Tile

Basement

  • Block Basement Construction
  • Crawl Space

Outdoor Features

  • Patio

Schools

  • Madison Elementary School
  • Edgewood Middle School
  • Warsaw High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Well
  • Gas Water Heater
  • Water Softener is Owned
  • Septic System
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electric, heating
  • The owner pays for trash collection, water
  • Assessor Parcel Number 029-117-014.15,16,17,18

Community Details

Overview

  • 10 Units

Pet Policy

  • Pet Restriction

Building Details

  • Electric Expense $1,100
  • Fuel Expense $300
  • Insurance Expense $1,951
  • Maintenance Expense $3,000
  • Trash Expense $374

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,642

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1985
  • Age: 29
  • Style: One Story
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Legal Description: LOTS 6,7,8,9,10 MEADOW RI |
  • Parcel Number ID: 029-117-014.15,16,17,18
  • Platted: Yes
  • Amenities: Cable Ready, Detector-Smoke, Patio Open, Water Heater Gas, Water Softener-Owned
  • Grid: 40 - N.W. Kosc.
  • Sp Lp Percent: 94.09
  • Monthly Gross Income: 5300
  • Year Taxes Payable: 2014
  • Special Features: None

Interior Features

  • Basement Foundation: Crawl
  • Basement Material: Block
  • Flooring: Carpet, Vinyl Tile
  • Number Of Disposals: 10
  • Number Of Ranges Ovens: 10

Exterior Features

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

Garage/Parking

  • Number Of Parking Spaces: 20

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Septic
  • Water Utilities: Well
  • Annual Electric: 1100
  • Annual Fuel Expense: 300
  • Annual Insurance Expense: 1951
  • Annual Maintenance Expense: 3000
  • Annual Trash Expense: 374
  • Number Of W D Hookups: 4

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

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

Lot Info

  • Lot Description: Cul-De-Sac, Level
  • Lot Dimensions: 5X125X160
  • Estimated Lot Sq Ft: 102366
  • Estimated Lot Size Acres: 2.35

Green Features

  • Energy Efficient Windows/Doors: Double Pane Windows

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Trash Collection, Water
  • Tenant Pays: Electric, Heating

Multi Family

  • Gross Monthly Rent: 5300
  • Number Of Dishwashers: 10
  • Number Of Dryers: 4
  • Number Of Refrigerators: 10
  • Number Of Units: 10
  • Number Of Washers: 4
  • Num Of1 Bedrooms: 2
  • Num Of2 Bedrooms: 2
  • Number Of 3 Bedrooms: 2
  • Number Of 4 Bedrooms: 2
  • Num Of Units Rented: 10

Tax Info

  • Annual Property Tax: 5642

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 19, 2024
Sold by
Baker Terry L
Bought by
Jnc Properties Llc
Current Estimated Value
$330,606
Source: Public Records

Range of Values:

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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
Jnc Properties Llc $775,000 Fidelity National Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2014 04/24/14 Sold $470,000 -11.3% --
04/22/2014 04/22/14 Pending -- -- --
07/24/2013 07/24/13 For Sale $530,000 -- --
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 $1,539 $131,700 $58,200 $73,500
2023 $833 $70,300 $16,100 $54,200
2022 $821 $70,300 $16,100 $54,200
2021 $780 $65,800 $16,100 $49,700
2020 $820 $67,600 $16,100 $51,500
2019 $794 $67,600 $16,100 $51,500
2018 $791 $67,600 $16,100 $51,500
2017 $744 $67,000 $16,100 $50,900
2016 $801 $66,100 $16,100 $50,000
2014 $742 $66,300 $16,100 $50,200
2013 $742 $64,400 $16,100 $48,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 675672

Indiana Regional MLS

APN: 43-07-30-100-208.000-016