NOT LISTED FOR SALE

410 N Lake St Warsaw, IN 46580

Estimated Value: $188,000 - $218,049

4 Beds
2 Baths
1,510 Sq Ft
$136/Sq Ft Est. Value

Last Sold November 04, 2013

Last sale price $94,500 $63 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $1,158/month

275 Days on Market

Highlights

  • Greenhouse
  • Porch
  • Luxury Vinyl Tile Flooring
  • Edgewood Middle School Rated A
  • Double Pane Windows
  • 4-minute walk to Nye Park

About This Home

As of November 2013

This duplex is located close to downtown & center lake park. Beautiful views of Center Lake. Gas & electric paid by tenants, owner pays sewage & water. Refrig & stove included & stacked washer & dryer in one unit & other unit just regular units. Side A average utilities $112.00 Side B average $237.00. Ceramic tile in bathrooms. Lower walkout level completely finished could be converted into 3rd apartment.

Last Agent to Sell the Property

Shelley Johnson

RE/MAX Results Listed on: 01/01/2013

Co-Listed By

Angie Hartley

Brian Peterson Real Estate

Last Buyer's Agent

Steve Savage

RE/MAX Results

RE/MAX Results

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • Lot Dimensions are 65x225
  • Lot Has A Rolling Slope

Parking

  • 3 Parking Spaces

Home Design

  • Duplex
  • Metal Roof
  • Stone Exterior Construction

Interior Spaces

  • 4 Bedrooms
  • 1,510 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Fire and Smoke Detector

Flooring

  • Carpet
  • Luxury Vinyl Tile

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Greenhouse
  • Porch

Schools

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

Utilities

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

Listing and Financial Details

  • Tenant pays for electric, heating
  • The owner pays for sewer, water
  • Assessor Parcel Number 004-042-043

Community Details

Overview

  • 2 Units

Building Details

  • Electric Expense $2,094
  • Fuel Expense $2,094
  • Insurance Expense $800
  • Maintenance Expense $2,421
  • Trash Expense $384
  • Water Sewer Expense $420

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1900
  • Age: 113
  • Style: One and Half Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Legal Description: PT Lots 506 & 507 Runyans |
  • Parcel Number ID: 004-042-043
  • Platted: Yes
  • Amenities: Ceiling Fan, Detector-Smoke, Porch Open, Water Heater Gas
  • Grid: 10 - Central Kosc.
  • Sp Lp Percent: 97.93
  • Monthly Gross Income: 1050
  • Year Taxes Payable: 2013
  • Special Features: None

Interior Features

  • Total Sq Ft: 1510
  • Total Finished Sq Ft: 1510
  • Below Grade Finished Sq Ft: 1510
  • Basement Foundation: Full Basement, Partially Finished, Walk-Out Basement
  • Flooring: Carpet, Vinyl Tile
  • Total Below Grade Sq Ft: 1510
  • Number Of Ranges Ovens: 2
  • Number Ttl Rooms Below Grade: 3

Exterior Features

  • Exterior: Aluminum, Stone
  • Roof Material: Metal
  • Stories: 2
  • Outbuilding: Greenhouse
  • Outbuilding Sq Ft: 480

Garage/Parking

  • Number Of Parking Spaces: 3

Utilities

  • Cooling: Central Air, Window
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Electric: 2094
  • Annual Fuel Expense: 2094
  • Annual Insurance Expense: 800
  • Annual Maintenance Expense: 2421
  • Annual Trash Expense: 384
  • Annual Water Sewer Expense: 420
  • Number Of W D Hookups: 2

Schools

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

Lot Info

  • Lot Description: Rolling
  • Lot Dimensions: 65X225

Green Features

  • Energy Efficient Windows/Doors: Double Pane Windows

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Sewer, Water
  • Tenant Pays: Electric, Heating

Multi Family

  • Gross Monthly Rent: 1050
  • Number Of Dishwashers: 1
  • Number Of Dryers: 1
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Number Of Washers: 1
  • Num Of1 Bedrooms: 2
  • Num Of2 Bedrooms: 2
  • Num Of Efficiencies: 2
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 2421

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 1, 2013
Closed on
Nov 4, 2013
Sold by
Keller John B
Bought by
Horn Yancy and Horn Barbara J
Seller's Agent
Shelley Johnson
RE/MAX Results
Buyer's Agent
Steve Savage
RE/MAX Results
List Price
$102,500
Sold Price
$94,500
Premium/Discount to List
-$8,000
-7.8%
Current Estimated Value
$205,512

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,012
Avg. Annual Appreciation
6.72%
Original Mortgage
$92,787
Outstanding Balance
$70,598
Interest Rate
4.75%
Mortgage Type
FHA
Estimated Equity
$134,914

Purchase Details

Closed on
Jun 2, 1998
Sold by
John Flory and John Kathy L
Bought by
Keller John B

Purchase Details

Closed on
Jun 5, 1996
Sold by
Myers Robert S and Myers Leslie A
Bought by
Flory John and Flory Kathy L
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
Horn Yancy -- None Available
Keller John B $92,300 --
Flory John $72,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Horn Yancy $92,787
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/04/2013 11/04/13 Sold $94,500 -7.8% $63 / Sq Ft
10/03/2013 10/03/13 Pending -- -- --
01/01/2013 01/01/13 For Sale $102,500 -- $68 / 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 $815 $169,800 $26,000 $143,800
2023 $799 $164,900 $26,000 $138,900
2022 $641 $148,400 $21,700 $126,700
2021 $277 $125,400 $20,000 $105,400
2020 $173 $119,100 $15,200 $103,900
2019 $90 $111,700 $15,200 $96,500
2018 $982 $107,200 $15,200 $92,000
2017 $892 $103,300 $15,200 $88,100
2016 $824 $97,700 $12,500 $85,200
2014 $639 $90,000 $12,500 $77,500
2013 $639 $97,800 $11,400 $86,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 666807

Indiana Regional MLS

APN: 43-11-08-400-452.000-032