$240,000
SOLD JUL 28, 2025

402&404 W Carroll St Syracuse, IN 46567

4 Beds
2 Baths
1,701 Sq Ft
6,300 Sq Ft Lot

Recently Sold

$141 Per Sq Ft

5 Days on Market

Highlights

  • Waterfront
  • Patio
  • Landscaped
  • Eat-In Kitchen
  • Shed
  • 4-minute walk to Veteran's Memorial Park

About This Home

As of July 2025

Purpose-Built Duplex | Prime Investment or House Hack Opportunity! Unlock instant cash flow with this well-maintained, purpose-built duplex located just minutes from public beach access. Built in 2005, this low-maintenance property offers an excellent rental history and is currently generating $1,800/month with potential for increased rents. Each spacious unit rents for $900 and features split utilities—tenants cover their own—keeping your overhead low. Perfect for investors or owner-occupants looking to house hack: live in one unit and let the other help pay your mortgage while you build long-term equity. Each unit enjoys its own concrete patio area and partial shed access, adding privacy and storage convenience for tenants. Tucked behind the property, peaceful Turkey Creek offers a serene natural backdrop—perfect for enjoying quiet mornings or unwinding after a long day. This is a rare opportunity to turn your largest monthly expense into a wealth-building asset. 24-hour notice required for all showings—qualified buyers only, please!

Last Agent to Sell the Property

Jessica Arnold

North Eastern Group Realty Brokerage Phone: 260-460-7590 Listed on: 05/23/2025

North Eastern Group Realty

Last Buyer's Agent

Traci Garontakos

The Agency Indy

The Agency Indy

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,022

Year Built

  • Built in 2005

Lot Details

  • 6,300 Sq Ft Lot
  • Lot Dimensions are 50x126
  • Waterfront
  • Creek or Stream
  • Landscaped

Home Design

  • Duplex
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property
  • Basement
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Laminate Countertops

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in Kitchen
  • Washer Hookup

Parking

  • 2 Car Garage
  • Off-Street Parking

Outdoor Features

  • Patio
  • Shed

Location

  • Suburban Location

Schools

  • Syracuse Elementary School
  • Wawasee Middle School
  • Wawasee High School

Utilities

  • Central Air
  • Electric Water Heater

Listing and Financial Details

  • Tenant pays for cable, cooling, electric, fuel, sewer, trash collection, water
  • The owner pays for building insurance, lawn maintenance, snow removal, tax
  • Assessor Parcel Number 43-04-06-200-002.000-026
  • Seller Concessions Offered

Community Details

Overview

  • 2 Units
  • Syracuse Water Power Company Subdivision

Amenities

  • Community Storage Space

Pet Policy

  • Pet Restriction

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $1,547
  • Maintenance Expense $542

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,022

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 2005
  • Age: 20
  • Style: One Story
  • Architectural Style: Ranch
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: 8-24-167.A LOT 17 SYRACUSE WATER PWR CO 2ND ADD
  • Parcel Number ID: 43-04-06-200-002.000-026
  • Platted: Yes
  • Amenities: Off Street Parking, Storage, Countertops-Laminate, Eat-In Kitchen, Landscaped, Patio Open, Water Heater Electric, Washer Hook-Up
  • Location: City/Town/Suburb
  • Sp Lp Percent: 100.04
  • Monthly Gross Income: 1800
  • Year Taxes Payable: 2025
  • Special Features: None

Interior Features

  • Total Sq Ft: 1701
  • Total Finished Sq Ft: 1701
  • Above Grade Finished Sq Ft: 1701
  • Price Per Sq Ft: 141.09
  • Basement Foundation: Crawl
  • Flooring: Carpet, Laminate
  • Main Level Sq Ft: 1701
  • Number Of Microwaves: 1
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Water Name: Turkey Creek
  • Stories: 1
  • Outbuilding: Shed
  • Outbuilding Sq Ft: 140

Garage/Parking

  • Number Of Parking Spaces: 4
  • Parking: Off Street, Paved

Utilities

  • Cooling: Central Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: NIPSCO
  • Gas Company: NIPSCO
  • Water Type: Creek
  • Annual Insurance Expense: 1546.57
  • Annual Maintenance Expense: 542
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Of W D Hookups: 2
  • Number Water Meters: 2

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • School District: Wawasee
  • Elementary School: Syracuse
  • Middle School: Wawasee
  • High School: Wawasee
  • Elementary School: Syracuse

Lot Info

  • Lot Description: Waterfront, Waterfront-High Bank
  • Lot Dimensions: 50X126
  • Estimated Lot Sq Ft: 6300
  • Estimated Lot Size Acres: 0.15
  • Lot Number: 17

Rental Info

  • Lease Term: Month to Month, 1 Year
  • Owner Pays: Building Insurance, Lawn Maintenance, Snow Removal, Tax
  • Tenant Pays: Cable, Cooling, Electric, Fuel, Sewer, Trash Collection, Water

Multi Family

  • Gross Monthly Rent: 1800
  • Number Of Dryers: 2
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Number Of Washers: 2
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 3021.64

MLS Schools

  • High School: Wawasee
  • Middle School: Wawasee
  • School District: Wawasee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2025
Closed on
Jul 28, 2025
Sold by
Dgp Properties Llc
Bought by
Wardlow Ryan M and Wardlow Lauren
Seller's Agent
Jessica Arnold
North Eastern Group Realty
Buyer's Agent
Traci Garontakos
The Agency Indy
List Price
$239,900
Sold Price
$240,000
Premium/Discount to List
$100
0.04%
Views
10

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3080.48%
Original Mortgage
$180,000
Outstanding Balance
$179,847
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$183,658

Purchase Details

Closed on
Aug 18, 2023
Sold by
Preston Drew G
Bought by
Dgp Properties Llc

Purchase Details

Closed on
Sep 20, 2019
Sold by
Cline Eric D and Cline Misty L
Bought by
Preston Drew G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,250
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 24, 2017
Sold by
Eric
Bought by
Douglas and Melissa
Source: Public Records

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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 Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Warranty Deed $155,000 Center Title Services
Deed $41,800 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $180,000 New Conventional
Previous Owner $148,000 New Conventional
Previous Owner $147,250 New Conventional
Previous Owner $102,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2025 07/28/25 Sold $240,000 0.0% $141 / Sq Ft
05/28/2025 05/28/25 Pending -- -- --
05/23/2025 05/23/25 For Sale $239,900 -- $141 / 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 $3,022 $184,100 $14,700 $169,400
2023 $2,929 $171,200 $14,700 $156,500
2022 $1,597 $149,900 $12,700 $137,200
2021 $1,361 $129,500 $12,700 $116,800
2020 $1,311 $124,000 $10,600 $113,400
2019 $1,393 $118,900 $10,600 $108,300
2018 $1,301 $113,600 $10,100 $103,500
2017 $929 $81,900 $10,100 $71,800
2016 $1,393 $80,200 $8,300 $71,900
2014 $1,427 $79,400 $8,300 $71,100
2013 $1,427 $80,300 $8,300 $72,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202519270

Indiana Regional MLS

APN: 43-04-06-200-002.000-026