NOT LISTED FOR SALE

509 E Fort Wayne St Warsaw, IN 46580

Estimated Value: $238,000 - $266,133

4 Beds
5 Baths
2,682 Sq Ft
$93/Sq Ft Est. Value

Last Sold September 01, 2020

Last sale price $174,900 $65 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $1,795/month

72 Days on Market

Highlights

  • Wood Flooring
  • Victorian Architecture
  • Corner Lot
  • Lincoln Elementary School Rated A-
  • Whirlpool Bathtub
  • 4-minute walk to Central Park

About This Home

As of September 2020

A unique investment opportunity to own a beautiful historic home! This stunning home is currently set up as a duplex. The main level unit showcases two bedrooms with baths, two living spaces plus dining and kitchen. Tall ceilings, carpet and hardwood floors and charming character. Access to the basement is just off the kitchen where you'll find laundry hook up, mechanicals and ample storage space. Upper level offers living area open to the kitchen, and has two bedrooms + full baths with central a/c. Amenities include cottage watchman fire security system, two furnaces, kitchen appliances, on demand water heater, Manobloc water lines, newer windows and roof is only 10 years old!

Last Agent to Sell the Property

Brian Peterson

Brian Peterson Real Estate Listed on: 06/15/2020

Last Buyer's Agent

Jeff Owens

Patton Hall Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,622

Year Built

  • Built in 1910

Lot Details

  • 9,240 Sq Ft Lot
  • Lot Dimensions are 66x140
  • Corner Lot
  • Level Lot

Home Design

  • Duplex
  • Victorian Architecture
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 2.5-Story Property
  • Unfinished Basement
  • Block Basement Construction

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Full Bathrooms
  • Whirlpool Bathtub

Parking

  • 3 Parking Spaces
  • On-Street Parking
  • Off-Street Parking

Location

  • Suburban Location

Schools

  • Lincoln Elementary School
  • Lakeview Middle School
  • Warsaw High School

Utilities

  • Forced Air Heating and Cooling System
  • Window Unit Cooling System

Community Details

  • 2 Units
  • Electric Expense $4,200

Listing and Financial Details

  • Assessor Parcel Number 43-11-08-200-631.000-032

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,622

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1910
  • Age: 110
  • Style: Two Story
  • Architectural Style: Victorian
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 5
  • Total Full Bathrooms: 5
  • Legal Description: 004-044-024 Lot 253 Lansdale Add & Pt Vac Alley 004-044-024.AB S 9 Ft Lot 256 Lansdale Add & Pt Vac Alley
  • Parcel Number ID: 43-11-08-200-631.000-032
  • Platted: Yes
  • Amenities: Basement, Fireplace, Jet Tub
  • Grid: 10 - Central Kosc.
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Parcel Id2: 43-11-08-200-615.000-032
  • Sp Lp Percent: 100
  • Year Taxes Payable: 2020
  • Special Features: None

Interior Features

  • Total Sq Ft: 3371
  • Total Finished Sq Ft: 2682
  • Above Grade Finished Sq Ft: 2682
  • Below Grade Sq Ft: 689
  • Price Per Sq Ft: 65.21
  • Basement: Yes
  • Basement Foundation: Unfinished
  • Basement Material: Block
  • Flooring: Carpet, Tile, Vinyl, Wood
  • Total Below Grade Sq Ft: 689
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Brick
  • Roof Material: Shingle
  • Stories: 2.5

Garage/Parking

  • Number Of Parking Spaces: 3
  • Parking: Off Street, Street

Utilities

  • Cooling: Central Air, Window
  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: NIPSCO
  • Gas Company: NIPSCO
  • Annual Electric: 4200
  • Number Of W D Hookups: 1

Schools

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

Lot Info

  • Lot Description: Corner, Level, 0-2.9999
  • Lot Dimensions: 66X140
  • Estimated Lot Sq Ft: 9240
  • Estimated Lot Size Acres: 0.2121
  • Lot Number: 253

Tax Info

  • Annual Property Tax: 2622

Multi Family

  • Number Of Dishwashers: 2
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of2 Bedrooms: 2

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2020
Closed on
Sep 1, 2020
Sold by
Long Larry J and Long Mary Ellen
Bought by
Horikawa Gail K and Waltz Niki
Seller's Agent
Brian Peterson
Brian Peterson Real Estate
Buyer's Agent
Jeff Owens
Patton Hall Real Estate
List Price
$174,900
Sold Price
$174,900
Current Estimated Value
$249,533

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,633
Avg. Annual Appreciation
8.12%
Original Mortgage
$157,410
Outstanding Balance
$141,268
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$116,333

Purchase Details

Closed on
Feb 26, 2014
Sold by
Long Larry J
Bought by
Larry J Long & Mary Ellen Long Revocable and Long Mary Ellen
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
Horikawa Gail K $174,900 Fidelity National Title Compan
Larry J Long & Mary Ellen Long Revocable -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Horikawa Gail K $157,410
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2020 09/01/20 Sold $174,900 0.0% $65 / Sq Ft
08/26/2020 08/26/20 Pending -- -- --
06/15/2020 06/15/20 For Sale $174,900 -- $65 / 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 $5,226 $252,900 $22,000 $230,900
2023 $4,858 $233,900 $22,000 $211,900
2022 $4,356 $209,500 $18,400 $191,100
2021 $3,739 $178,900 $18,400 $160,500
2020 $2,927 $139,900 $14,300 $125,600
2019 $2,611 $124,600 $14,300 $110,300
2018 $2,459 $117,100 $12,900 $104,200
2017 $2,372 $112,700 $12,900 $99,800
2016 $2,275 $108,000 $11,600 $96,400
2014 $1,514 $75,700 $11,600 $64,100
2013 $1,514 $76,900 $11,600 $65,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202023608

Indiana Regional MLS

APN: 43-11-08-200-631.000-032