NOT LISTED FOR SALE

415 W Market St Warsaw, IN 46580

Estimated Value: $144,000 - $243,000

5 Beds
2 Baths
2,114 Sq Ft
$91/Sq Ft Est. Value

Last Sold May 15, 2024

Last sale price $182,000 $86 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,246/month

5 Days on Market

Highlights

  • Ceramic Tile Flooring
  • Forced Air Heating System
  • 4-minute walk to Rarick Park
  • Edgewood Middle School Rated A
  • Level Lot

About This Home

As of May 2024

Need more in your rental portfolio? Here you go!! A duplex in downtown Warsaw. Beautiful looking older home, upper level is a two bedroom apartment and tenanted at this time. Lower level is a 3 bedroom apartment. Owner lives in the lower level so after closing you have a 3 bedroom rent ready apartment for those that have been begging you for a home to rent.

Last Agent to Sell the Property

Alan Hoyt

eXp Realty, LLC Listed on: 03/25/2024

eXp Realty, LLC

Last Buyer's Agent

Charise Goodnight

RE/MAX Realty One

RE/MAX Realty One

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1895

Lot Details

  • 5,412 Sq Ft Lot
  • Lot Dimensions are 41x132
  • Level Lot

Home Design

  • Duplex
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Partially Finished Basement
  • Block Basement Construction

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Parking

  • 4 Parking Spaces
  • Off-Street Parking

Schools

  • Washington Elementary School
  • Edgewood Middle School
  • Warsaw High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electric, heating, sewer, trash collection, water
  • Assessor Parcel Number 43-11-08-300-115.000-032

Community Details

Overview

  • 2 Units
  • Hood & Britton Subdivision

Pet Policy

  • Pet Restriction

Building Details

  • Electric Expense $1,500
  • Fuel Expense $1,500
  • Insurance Expense $2,160
  • Maintenance Expense $1,500
  • Trash Expense $600
  • Water Sewer Expense $696

Property Details

Home Type

Multi-Family

Year Built

Built in 1895

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1895
  • Age: 129
  • Style: Two Story
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 5
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: 4-43-25 E 1/2 LESS 25' E END LOT 463 & E END LOT 464 HOOD & BRITTON ADD AKA CITY OF WARSAW
  • Parcel Number ID: 43-11-08-300-115.000-032
  • Platted: Yes
  • Amenities: Off Street Parking
  • Grid: 10 - Central Kosc.
  • Sp Lp Percent: 95.84
  • Annual Miscellaneous: 500
  • Monthly Gross Income: 850
  • Year Taxes Payable: 2023
  • Special Features: None

Interior Features

  • Total Sq Ft: 2864
  • Total Finished Sq Ft: 2114
  • Above Grade Finished Sq Ft: 2114
  • Below Grade Sq Ft: 750
  • Price Per Sq Ft: 86.09
  • Basement: Yes
  • Basement Foundation: Partial Basement
  • Basement Material: Block
  • Flooring: Carpet, Ceramic Tile, Mixed
  • Total Below Grade Sq Ft: 750
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Vinyl
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 4

Utilities

  • Cooling: Window
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Electric: 1500
  • Annual Fuel Expense: 1500
  • Annual Insurance Expense: 2160
  • Annual Maintenance Expense: 1500
  • Annual Trash Expense: 600
  • Annual Water Sewer Expense: 696
  • Number Of W D Hookups: 2

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 41X132
  • Estimated Lot Sq Ft: 5412
  • Estimated Lot Size Acres: 0.12
  • Lot Number: 463

Rental Info

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

Tax Info

  • Total Assessed Value: 130400
  • Annual Property Tax: 4989.35

Multi Family

  • Gross Monthly Rent: 850
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of2 Bedrooms: 1
  • Number Of 3 Bedrooms: 1
  • Num Of Units Rented: 1

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2024
Closed on
May 15, 2024
Sold by
Saldivar Noe
Bought by
Greenbush 64 Llc
Seller's Agent
Alan Hoyt
eXp Realty, LLC
Buyer's Agent
Charise Goodnight
RE/MAX Realty One
List Price
$189,900
Sold Price
$182,000
Premium/Discount to List
-$7,900
-4.16%
Views
23
Current Estimated Value
$191,515

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,515
Avg. Annual Appreciation
3.68%
Original Mortgage
$145,600
Outstanding Balance
$143,535
Interest Rate
6.82%
Mortgage Type
New Conventional
Estimated Equity
$47,980

Purchase Details

Closed on
Oct 27, 2021
Sold by
Speicher Eric A
Bought by
415W Market St Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 6, 2015
Sold by
Speicher Michaela M
Bought by
Speicher Eric A

Purchase Details

Closed on
Mar 28, 2006
Sold by
Brown Elois E and Brown Joyce E
Bought by
Speicher Eric and Speicher Michaela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,800
Interest Rate
6.38%
Mortgage Type
New Conventional
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
Greenbush 64 Llc $182,000 None Listed On Document
Saldivar Noe $182,000 None Listed On Document
415W Market St Llc $78,000 None Available
Speicher Eric A -- None Available
Speicher Eric -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Greenbush 64 Llc $145,600
Previous Owner 415W Market St Llc $120,000
Previous Owner Speicher Eric $60,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/15/2024 05/15/24 Sold $182,000 -4.2% $86 / Sq Ft
03/25/2024 03/25/24 For Sale $189,900 -- $90 / 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 $2,808 $135,900 $12,600 $123,300
2023 $2,708 $130,400 $12,600 $117,800
2022 $2,372 $114,100 $10,500 $103,600
2021 $1,952 $93,400 $9,800 $83,600
2020 $1,914 $91,500 $7,400 $84,100
2019 $1,823 $87,000 $7,400 $79,600
2018 $1,745 $83,100 $7,400 $75,700
2017 $1,690 $80,300 $7,400 $72,900
2016 $1,608 $76,300 $5,900 $70,400
2014 $1,360 $68,000 $5,900 $62,100
2013 $1,360 $69,100 $5,900 $63,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202409935

Indiana Regional MLS

APN: 43-11-08-300-115.000-032