NOT LISTED FOR SALE

421 S Columbia St Warsaw, IN 46580

Estimated Value: $132,000 - $192,000

4 Beds
2 Baths
600 Sq Ft
$278/Sq Ft Est. Value

Last Sold March 18, 2014

Last sale price $47,900 $80 Per Sq Ft

Est. 249% increase in value since last sale

Current estimated payment $1,140/month

400 Days on Market

Highlights

  • Partially Wooded Lot
  • Wood Flooring
  • Covered Patio or Porch
  • Edgewood Middle School Rated A
  • Corner Lot
  • 1-minute walk to Rarick Park

About This Home

As of March 2014

In town duplex with a 3 Bedroom unit remodeled in 2012 including updated kitchen, paint, and flooring. All appliances remain. Smaller 1 bedroom unit with long term tenant. Good rental history, nice location close to downtown Warsaw. Perfect investment opportunity! 1 Bedroom unit~tenant has been in property for years. 3 bedroom unit is updated and move in ready!

Last Agent to Sell the Property

The Mark Skibowski Team

Re/Max Lakes Listed on: 01/11/2013

Re/Max Lakes

Last Buyer's Agent

Linda McLaughlin

Maplewoods Realty Group

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 66x132
  • Corner Lot
  • Level Lot
  • Partially Wooded Lot

Parking

  • 2 Parking Spaces

Home Design

  • Duplex
  • Shingle Roof
  • Masonite

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Fire and Smoke Detector

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Partially Finished Basement

  • Stone or Rock in Basement
  • 1 Bedroom in Basement

Outdoor Features

  • Covered Patio or Porch
  • Shed

Schools

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

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater
  • Multiple Phone Lines

Listing and Financial Details

  • Tenant pays for electric, heating
  • The owner pays for sewer
  • Assessor Parcel Number 004-043-112

Community Details

Overview

  • 2 Units

Pet Policy

  • Pet Restriction

Building Details

  • Insurance Expense $1,500
  • Water Sewer Expense $396

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: 114
  • Style: Two Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: 004-043-112 Lot 21 Hardmans Add |
  • Parcel Number ID: 004-043-112
  • Platted: Yes
  • Amenities: Ceiling Fan, Closet(s) Walk-in, Detector-Smoke, Multiple Phone Lines, Porch Covered, Water Heater Gas
  • Grid: 10 - Central Kosc.
  • Number Below Grade Bedrooms: 1
  • Sp Lp Percent: 95.99
  • Monthly Gross Income: 925
  • Year Taxes Payable: 2013
  • Special Features: None

Interior Features

  • Total Sq Ft: 600
  • Below Grade Sq Ft: 600
  • Basement Foundation: Partial Basement, Unfinished
  • Basement Material: Stone
  • Flooring: Carpet, Wood
  • Main Level Sq Ft: 996
  • Total Below Grade Sq Ft: 600
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Masonite
  • Roof Material: Shingle
  • Stories: 2
  • Outbuilding: Shed
  • Outbuilding Sq Ft: 80

Garage/Parking

  • Number Of Parking Spaces: 2

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 1500
  • Annual Water Sewer Expense: 396
  • Number Of W D Hookups: 1

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: Corner, Level, Partially Wooded
  • Lot Dimensions: 66x132
  • Estimated Lot Sq Ft: 8712
  • Estimated Lot Size Acres: 0.2

Rental Info

  • Lease Term: Negotiable
  • Owner Pays: Sewer
  • Tenant Pays: Electric, Heating

Multi Family

  • Gross Monthly Rent: 925
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of1 Bedrooms: 1
  • Number Of 3 Bedrooms: 1
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 1443

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 5, 2021
Sold by
Indiana 02 Llc
Bought by
Lopez Diego
Current Estimated Value
$167,057

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,000
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Jan 11, 2013
Closed on
Mar 18, 2014
Sold by
Nielsen Leonard B and Nielsen Debra K
Bought by
Martingale Properties Of Indiana 02 Llc
Seller's Agent
The Mark Skibowski Team
Re/Max Lakes
Buyer's Agent
Linda McLaughlin
Maplewoods Realty Group
List Price
$76,900
Sold Price
$47,900
Premium/Discount to List
-$29,000
-37.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.94%
Original Mortgage
$38,400
Interest Rate
4.24%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 6, 2000
Sold by
Nielsen Leonard B and Nielsen Debra K
Bought by
Nielsen Leonard and Nielsen Debra

Purchase Details

Closed on
Apr 21, 1998
Sold by
Otto Burchett
Bought by
Nielsen Leonard B and Nielsen Debra K
Source: Public Records

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
Lopez Diego $92,000 None Available
Martingale Properties Of Indiana 02 Llc -- None Available
Nielsen Leonard -- --
Nielsen Leonard B $48,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lopez Diego $64,000
Open Lopez Diego $200,000
Closed Lopez Diego $69,000
Previous Owner Indiana 02 Llc $55,000
Previous Owner Martingale Properties Of Indiana 02 Llc $38,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2014 03/18/14 Sold $47,900 -37.7% $80 / Sq Ft
02/15/2014 02/15/14 Pending -- -- --
01/11/2013 01/11/13 For Sale $76,900 -- $128 / 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 $2,759 $133,500 $20,300 $113,200
2023 $2,450 $117,800 $20,300 $97,500
2022 $2,203 $105,800 $17,000 $88,800
2021 $1,869 $89,300 $15,700 $73,600
2020 $1,804 $86,100 $12,000 $74,100
2019 $1,351 $64,500 $12,000 $52,500
2018 $1,300 $61,900 $12,000 $49,900
2017 $1,263 $60,000 $12,000 $48,000
2016 $1,176 $55,800 $9,400 $46,400
2014 $1,338 $66,900 $9,400 $57,500
2013 $1,338 $68,000 $9,400 $58,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 666717

Indiana Regional MLS

APN: 43-11-08-300-128.000-032