$72,000
SOLD FEB 20, 2025

516 W Pike St Warsaw, IN 46580

2 Beds
1 Bath
976 Sq Ft
8,712 Sq Ft Lot

Recently Sold

$74 Per Sq Ft

6% Below List Price

2 Days on Market

Highlights

  • Corner Lot
  • 1-Story Property
  • Forced Air Heating System
  • Edgewood Middle School Rated A

About This Home

As of July 2025

No showings until Tuesday February 4, 2024. Investor Special! Grab your tools and get ready to bring this property back to life! This home features 2 bedrooms with potential for a 3rd if you get creative, and 1 bathroom. It sits on a spacious corner lot with alley access, offering plenty of yard space. Some photos show the work this property needs. Please note: This property will NOT qualify for first-time home buyer programs or down payment assistance. Cash or conventional offers only (no insured conventional loans). Home is sold AS-IS. Priced to reflect condition and work needed. Schedule your showing today!

Last Agent to Sell the Property

Berto Barrera

RE/MAX Results- Warsaw Brokerage Phone: 574-253-7400 Listed on: 02/03/2025

RE/MAX Results- Warsaw

Last Buyer's Agent

Phillip Kuhn

RE/MAX Results- Warsaw

RE/MAX Results- Warsaw

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,269

Year Built

  • Built in 1910

Lot Details

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

Home Design

  • Poured Concrete
  • Vinyl Construction Material

Interior Spaces

  • 976 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Partially Finished Basement

  • Michigan Basement
  • Block Basement Construction
  • Stone or Rock in Basement

Schools

  • Madison Elementary School
  • Lakeview Middle School
  • Warsaw High School

Utilities

  • Forced Air Heating System

Community Details

  • Kist & Woods Subdivision

Listing and Financial Details

  • Assessor Parcel Number 43-11-07-100-405.000-032

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,269

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1910
  • Age: 115
  • Style: One Story
  • Total Number of Rooms: 7
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: 004-037-067 E 1/2 LOTS 27 & 28 KIST & WOODS ADD
  • Parcel Number ID: 43-11-07-100-405.000-032
  • Platted: Yes
  • Sp Lp Percent: 93.51
  • Year Taxes Payable: 24 to pay 25
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 976
  • Total Finished Sq Ft: 976
  • Above Grade Finished Sq Ft: 976
  • Price Per Sq Ft: 73.77
  • Basement Foundation: Partial Basement, Michigan Basement, Unfinished
  • Basement Material: Block, Poured Concrete, Stone
  • Living Great Room: Dimensions: 21x16, On Level: Main
  • Kitchen: Dimensions: 16x12, On Level: Main
  • Extra Room: Dimensions: 14x7
  • Bedroom 1: Dimensions: 11x8, On Level: Main
  • Bedroom 2: Dimensions: 10x10, On Level: Main
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Vinyl
  • Outbuilding1: None

Utilities

  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City

Schools

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

Lot Info

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

Tax Info

  • Annual Taxes: 1268.68
  • Exemptions: Homestead

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2025
Closed on
Jul 18, 2025
Sold by
Viking Custom Homes Llc
Bought by
Sudlow Carson
Seller's Agent
Phillip Kuhn
RE/MAX Results- Warsaw
Buyer's Agent
Heather Sumner
eXp Realty, LLC
List Price
$189,900
Sold Price
$175,000
Premium/Discount to List
-$14,900
-7.85%
Views
84

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.51%
Original Mortgage
$171,830
Outstanding Balance
$171,830
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$3,795

Purchase Details

Listed on
Feb 3, 2025
Closed on
Feb 20, 2025
Sold by
Cochran Beth A
Bought by
Viking Custom Homes Llc
Seller's Agent
Berto Barrera
RE/MAX Results- Warsaw
Buyer's Agent
Phillip Kuhn
RE/MAX Results- Warsaw
List Price
$77,000
Sold Price
$72,000
Premium/Discount to List
-$5,000
-6.49%
Views
34

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
772.46%
Original Mortgage
$98,600
Interest Rate
6.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 5, 1996
Sold by
Crace Kenneth R and Joyce Diana
Bought by
Lantz Linden L
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $72,000 Metropolitan Title
Deed $33,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $98,600 New Conventional
Previous Owner $4,462 FHA
Previous Owner $56,216 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2025 07/18/25 Sold $175,000 -7.8% $167 / Sq Ft
05/15/2025 05/15/25 For Sale $189,900 +163.8% $182 / Sq Ft
02/20/2025 02/20/25 Sold $72,000 -6.5% $74 / Sq Ft
02/05/2025 02/05/25 Pending -- -- --
02/03/2025 02/03/25 For Sale $77,000 -- $79 / 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 $1,314 $134,400 $20,300 $114,100
2023 $1,699 $130,100 $20,300 $109,800
2022 $1,113 $117,100 $17,000 $100,100
2021 $837 $99,000 $15,700 $83,300
2020 $741 $93,500 $12,000 $81,500
2019 $605 $86,900 $12,000 $74,900
2018 $575 $83,200 $12,000 $71,200
2017 $512 $80,300 $12,000 $68,300
2016 $454 $75,400 $9,400 $66,000
2014 $409 $72,400 $9,400 $63,000
2013 $409 $73,800 $9,400 $64,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202503390

Indiana Regional MLS

APN: 43-11-07-100-405.000-032