Seller's Agent in 2024
Kami Johnson
Foundations Real Estate Group
(574) 453-6774
65 Total Sales
3925 3915 Meadow Ridge Dr Warsaw, IN 46582
Estimated Value: $143,000 - $662,847
4
Beds
2
Baths
1,488
Sq Ft
$228/Sq Ft
Est. Value
Highlights
- Eat-In Kitchen
- Forced Air Heating and Cooling System
- Laundry Facilities
- Madison Elementary School Rated A-
- Water Softener is Owned
- Level Lot
About This Home
As of November 2024You don't want to miss this investment opportunity. This property on the edge of town includes 5 duplexes with a total of 10 rental units. All units are 744 square feet with 2 bedrooms, 1 full bath, eat in kitchen and living room. Complex includes shared coin laundry featuring 4 washers and dryers. All units are currently rented to wonderful long time tenants. Most leases are month to month at this time. Due to the number of tenants, 2 separate open houses will be held with all 10 units available for tours; Saturday October 26 from 1-3pm and Wednesday October 30th from 4-6pm. Highest and best due by 5:00pm November 2nd. Please allow for a decision by 5pm EST on November 4th due to executor residing in Alaska. Proof of financing required. Annual Financial Information is for all 5 Duplexes.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,236
Year Built
- Built in 1985
Lot Details
- 0.46 Acre Lot
- Lot Dimensions are 125x160
- Rural Setting
- Level Lot
Home Design
- Duplex
- Shingle Roof
- Vinyl Construction Material
Interior Spaces
- 1,488 Sq Ft Home
- 1-Story Property
- Crawl Space
- Eat-In Kitchen
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Parking
- 4 Parking Spaces
- Gravel Driveway
Schools
- Madison Elementary School
- Edgewood Middle School
- Warsaw High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Well
- Water Softener is Owned
- Septic System
- Cable TV Available
Listing and Financial Details
- Tenant pays for electric, fuel
- The owner pays for lawn maintenance
- Assessor Parcel Number 43-07-30-100-207.000-016
Community Details
Pet Policy
- Pet Restriction
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- Insurance Expense $5,066
Additional Features
- 2 Units
- Laundry Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 21, 2024
Closed on
Nov 19, 2024
Sold by
Baker Terry L
Bought by
Jnc Properties Llc
Seller's Agent
Kami Johnson
Foundations Real Estate Group
Buyer's Agent
Travis Bontrager
Bontrager Realty, LLC
List Price
$700,000
Sold Price
$775,000
Premium/Discount to List
$75,000
10.71%
Total Days on Market
12
Views
2
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$435,038
Avg. Annual Appreciation
-83.98%
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 11/22/2024 11/22/24 | Sold | $775,000 | +10.7% | $521 / Sq Ft |
| 11/02/2024 11/02/24 | Pending | -- | -- | -- |
| 10/21/2024 10/21/24 | For Sale | $700,000 | -- | $470 / Sq Ft |
Source: Indiana Regional MLS
Tax History Compared to Growth
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 | $1,623 | $138,900 | $66,800 | $72,100 |
| 2023 | $847 | $71,500 | $18,500 | $53,000 |
| 2022 | $835 | $71,500 | $18,500 | $53,000 |
| 2021 | $794 | $67,000 | $18,500 | $48,500 |
| 2020 | $849 | $70,000 | $18,500 | $51,500 |
| 2019 | $822 | $70,000 | $18,500 | $51,500 |
| 2018 | $820 | $70,000 | $18,500 | $51,500 |
| 2017 | $770 | $69,400 | $18,500 | $50,900 |
| 2016 | $830 | $68,500 | $18,500 | $50,000 |
| 2014 | $768 | $68,700 | $18,500 | $50,200 |
| 2013 | $768 | $66,800 | $18,500 | $48,300 |
Source: Public Records
Agents Affiliated with this Home
-
Kami Johnson
-
Travis Bontrager
Buyer's Agent in 2024
Travis Bontrager
Bontrager Realty, LLC
(574) 238-5912
170 Total Sales
Map
Source: Indiana Regional MLS
MLS Number: 202440879
APN: 43-07-30-100-207.000-016
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