NOT LISTED FOR SALE

405 Wooster Rd Winona Lake, IN 46590

Estimated Value: $262,000 - $297,524

4 Beds
3 Baths
2,733 Sq Ft
$100/Sq Ft Est. Value

Last Sold May 23, 2013

Last sale price $121,500 $44 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $1,947/month

28 Days on Market

Highlights

  • 1-Story Property
  • Luxury Vinyl Tile Flooring
  • Garage
  • Warsaw Community High School Rated A-
  • Forced Air Heating and Cooling System
  • 3-minute walk to Grace College Disc Golf Course

About This Home

As of May 2013

Duplex located in Winona Lake within walking distance of Grace College and Village of Winona. Upstairs unit is 3 bedroom, 2 bath. Lower level unit is 1 bedroom, 1 bath. Both units are very spacious. Attached 2 car garage. Great income potential. To set showings, please call 1-855-746-9850. Legal desc: 006-070-016 Lot 25 Less W. 25 ft. Farmstead Add. (Complete duplex has 4 BR, 3 BA total - see breakdown of each unit in Remarks.)

Last Listed By

Sally Bailey

Coldwell Banker Real Estate Group Listed on: 03/14/2013

Coldwell Banker Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,110

Year Built

  • Built in 1958

Lot Details

  • Lot Dimensions are 75x128
  • Lot Has A Rolling Slope

Parking

  • Garage

Home Design

  • Duplex
  • Brick Exterior Construction
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,733 Sq Ft Home
  • 1-Story Property
  • Storage In Attic

Flooring

  • Carpet
  • Luxury Vinyl Tile

Partially Finished Basement

  • Walk-Out Basement
  • Block Basement Construction

Schools

  • Jefferson Elementary School
  • Lakeview Middle School
  • Warsaw High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 006-070-016

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,110

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1958
  • Style: One Story
  • Legal Description: See Addendum |
  • Parcel Number ID: 006-070-016
  • Platted: Yes
  • Amenities: Fireplace, Attic Storage, Water Heater Electric, Water Heater Gas
  • Grid: 10 - Central Kosc.
  • Sp Lp Percent: 99.59
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 2733
  • Basement Foundation: Partially Finished, Walk-Out Basement
  • Basement Material: Block
  • Flooring: Carpet, Vinyl Tile

Exterior Features

  • Exterior: Brick, Vinyl
  • Roof Material: Shingle

Garage/Parking

  • Parking: Garage

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air

Schools

  • Elementary School: Jefferson
  • Middle School: Lakeview
  • High School: Warsaw
  • Elementary School: Jefferson

Lot Info

  • Lot Description: Rolling
  • Lot Dimensions: 75x128

Multi Family

  • Number Of Units: 2

MLS Schools

  • High School: Warsaw
  • Middle School: Lakeview

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 17, 2020
Sold by
Hickle Dustin M and Hickle Molly J
Bought by
Mahphd Llc
Total Days on Market
28
Current Estimated Value
$274,381

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,639,000
Outstanding Balance
$1,465,618
Interest Rate
3.2%
Mortgage Type
Commercial
Estimated Equity
-$1,216,729

Purchase Details

Listed on
Mar 14, 2013
Closed on
May 23, 2013
Sold by
Harman Linda L
Bought by
Hickle Dustin M and Hickle Molly J
Seller's Agent
Sally Bailey
Coldwell Banker Real Estate Group
Buyer's Agent
Sally Bailey
Coldwell Banker Real Estate Group
List Price
$122,000
Sold Price
$121,500
Premium/Discount to List
-$500
-0.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.17%
Original Mortgage
$119,298
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 14, 2002
Sold by
Harman Linda L and Tyson Victoria J
Bought by
Harman Linda L

Purchase Details

Closed on
Oct 5, 2001
Sold by
Michele Elrod Merlyn
Bought by
Harman Linda L and Harman Tyson Victoria J Ti

Purchase Details

Closed on
Oct 4, 2001
Sold by
Rudnick Timothy A and Rudnick Kathleen M
Bought by
Harman Linda L and Harman Tyson Victoria J Ti

Purchase Details

Closed on
Aug 6, 2001
Sold by
Michele Elrod Merlyn
Bought by
Elrod William Derek

Purchase Details

Closed on
Aug 7, 1997
Sold by
Harman Linda L and Tyson Victoria J
Bought by
Brandenburg Ronald L

Range of Values:

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Average Value
Not Available
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
Mahphd Llc $190,000 Center Title Services
Hickle Dustin M -- None Available
Harman Linda L $60,000 --
Harman Linda L -- --
Harman Linda L -- --
Elrod William Derek -- --
Brandenburg Ronald L $95,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mahphd Llc $1,639,000
Previous Owner Hickle Dustin M $119,298
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2013 05/23/13 Sold $121,500 -0.4% $44 / Sq Ft
04/11/2013 04/11/13 Pending -- -- --
03/14/2013 03/14/13 For Sale $122,000 -- $45 / 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 $5,110 $291,300 $20,300 $271,000
2023 $3,903 $214,700 $20,300 $194,400
2022 $3,589 $194,900 $18,500 $176,400
2021 $3,033 $158,600 $18,500 $140,100
2020 $2,697 $139,900 $17,600 $122,300
2019 $1,503 $135,500 $17,600 $117,900
2018 $1,507 $132,700 $16,600 $116,100
2017 $1,382 $127,800 $16,600 $111,200
2016 $1,397 $125,900 $16,600 $109,300
2014 $1,224 $117,400 $16,400 $101,000
2013 $1,224 $116,800 $16,400 $100,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 666881

Indiana Regional MLS

APN: 43-11-15-400-257.000-033