NOT LISTED FOR SALE

420 N Roosevelt St Warsaw, IN 46580

10 Beds
5 Baths
3,360 Sq Ft
1985 Built

Last Sold January 27, 2022

Last sale price $380,000 $113 Per Sq Ft

6 Days on Market

Highlights

  • Open Floorplan
  • Ranch Style House
  • Double Pane Windows
  • Lincoln Elementary School Rated A-
  • Backs to Open Ground
  • Laundry closet

About This Home

As of January 2022

Well maintained 5-Plex in a convenient location with good rental history. 5 efficiently designed apartment units with 1 unit being handicap accessible. All units on ground floor level; each unit has an open floor plan with kitchen, living room, 2 bedrooms, 1 bathroom and approx. 672 sq. ft.; 4 units have a washer and electric dryer; all units have newer central air conditioning and newer furnaces (4 - 95.5% efficient; 1 - 80% efficient); 5 electric, gas, and water meters; Seller recently added approx. 10" of "AttiCat" fiberglass blown in insulation in the attic and new vapor barrier in the crawl space. This is a well maintained investment property. Seller will entertain all offers on Tuesday 11/30/21 at 4:00PM.

Last Agent to Sell the Property

Steve Savage

RE/MAX Results Listed on: 11/24/2021

RE/MAX Results

Last Buyer's Agent

James Bausch

RE/MAX Results

RE/MAX Results

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,406

Year Built

  • Built in 1985

Lot Details

  • Lot Dimensions are 161' x 117'
  • Backs to Open Ground
  • Level Lot

Home Design

  • Ranch Style House
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 3,360 Sq Ft Home
  • Open Floorplan
  • Double Pane Windows
  • Insulated Doors
  • Crawl Space
  • Laminate Countertops
  • Laundry closet

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 5 Full Bathrooms

Home Security

  • Storm Doors
  • Fire and Smoke Detector

Parking

  • 10 Parking Spaces
  • Gravel Driveway
  • Off-Street Parking

Location

  • Suburban Location

Utilities

  • Forced Air Heating and Cooling System
  • SEER Rated 13+ Air Conditioning Units
  • High-Efficiency Furnace
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable, cooling, heating, water
  • The owner pays for lawn maintenance, maintenance, sewer, snow removal, tax
  • Assessor Parcel Number 43-11-09-200-339.000-032

Community Details

Overview

  • 5 Units

Pet Policy

  • Pets Allowed with Restrictions

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 5 Separate Water Meters
  • Insurance Expense $1,272
  • Maintenance Expense $3,275
  • Trash Expense $740
  • Water Sewer Expense $1,956

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,406

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Fiveplex
  • Year Built: 1985
  • Age: 36
  • Style: One Story
  • Architectural Style: Ranch
  • Bedrooms: 10
  • Number Above Grade Bedrooms: 10
  • Total Bathrooms: 5
  • Total Full Bathrooms: 5
  • Legal Description: 004-048-281.A LOTS 93,94, 100 & LOT 92 LESS S 8' HIGHLAND ADD
  • Parcel Number ID: 43-11-09-200-339.000-032
  • Platted: Yes
  • Amenities: Off Street Parking, Cable Available, Countertops-Laminate, Deck Open, Detector-Smoke, Open Floor Plan, Storm Doors, Water Heater Gas
  • Grid: 10 - Central Kosc.
  • Location: City/Town/Suburb
  • Sp Lp Percent: 96.2
  • Monthly Gross Income: 3380
  • Special Features: None
  • Stories: 0

Interior Features

  • Total Sq Ft: 3360
  • Total Finished Sq Ft: 3360
  • Above Grade Finished Sq Ft: 3360
  • Price Per Sq Ft: 113.1
  • Basement Foundation: Crawl
  • Flooring: Carpet, Vinyl
  • Number Of Ranges Ovens: 5

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt
  • Outbuilding Sq Ft: 60

Garage/Parking

  • Driveway: Gravel
  • Number Of Parking Spaces: 10
  • Parking: Off Street

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: NIPSCO
  • Gas Company: NIPSCO
  • Water Company: Indiana American Water Co
  • Cable Company: Comcast
  • Hvac: High Efficiency Furnace, HVAC (13 Seer)
  • Annual Insurance Expense: 1272
  • Annual Maintenance Expense: 3275
  • Annual Trash Expense: 740
  • Annual Water Sewer Expense: 1956
  • Number Electric Meters: 5
  • Number Gas Meters: 5
  • Number Water Meters: 5

Condo/Co-op/Association

  • Common Amenities: Sidewalks
  • Pet Restrictions: Yes

Schools

  • School District: Warsaw Community
  • Elementary School: Lincoln
  • Middle School: Lakeview
  • High School: Warsaw

Lot Info

  • Lot Description: Level, 0-2.9999
  • Lot Dimensions: 161' x 117'
  • Lot Number: 92

Green Features

  • Energy Efficient Windows/Doors: Double Pane Windows, Insulated Doors

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Lawn Maintenance, Maintenance, Sewer, Snow Removal, Tax
  • Tenant Pays: Cable, Cooling, Heating, Water

Multi Family

  • Gross Monthly Rent: 3380
  • Number Of Dryers: 4
  • Number Of Refrigerators: 5
  • Number Of Units: 5
  • Number Of Washers: 4
  • Num Of2 Bedrooms: 5
  • Num Of Units Rented: 4

Tax Info

  • Annual Property Tax: 3406

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/27/2022 01/27/22 Sold $380,000 -3.8% $113 / Sq Ft
11/24/2021 11/24/21 For Sale $395,000 +102.6% $118 / Sq Ft
02/12/2013 02/12/13 Sold $195,000 -11.3% $53 / Sq Ft View Prior Sale
01/08/2013 01/08/13 Pending -- -- --
11/05/2012 11/05/12 For Sale $219,900 -- $60 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202149092

Indiana Regional MLS