NOT LISTED FOR SALE

521 Mcclellan St Warsaw, IN 46580

Estimated Value: $197,000 - $282,000

4 Beds
2 Baths
2,306 Sq Ft
$101/Sq Ft Est. Value

Last Sold May 18, 2022

Last sale price $180,000 $78 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $1,404/month

3 Days on Market

Highlights

  • Traditional Architecture
  • Corner Lot
  • Double Pane Windows
  • Eisenhower Elementary School Rated A-
  • 1 Car Detached Garage
  • 3-minute walk to Kiwanis Park

About This Home

As of May 2022

Fully occupied duplex in a convenient location with a good rental history and positive cash flow. Recent improvements include but not limited to : 2016- main level Hi eff furnace ; 2017- 2 gas hot water heaters; 2018- L-2 Hi eff furnace; 2020- main level bathroom vanity; 2021- roof w/gutter guards & L 2 carpet, vinyl laminate flooring; 2022- main level kitchen cabinets (upper), sink, faucet, carpet, vinyl laminate flooring, double walk in doors, limestone driveway. Main floor tenant has use of detached garage. this duplex has been easy to rent and is in good condition. 24 hour notice for showings.

Last Agent to Sell the Property

Steve Savage

RE/MAX Results Listed on: 03/21/2022

RE/MAX Results

Last Buyer's Agent

Sabas Valencia

RE/MAX Results

RE/MAX Results

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,169

Year Built

  • Built in 1890

Lot Details

  • Lot Dimensions are 132' x 66'
  • Corner Lot

Home Design

  • Duplex
  • Traditional Architecture
  • Asphalt Roof
  • Rubber Roof

Interior Spaces

  • 2-Story Property
  • Double Pane Windows
  • Partially Finished Basement
  • Natural lighting in basement
  • Fire and Smoke Detector
  • Laminate Countertops
  • Washer Hookup

Flooring

  • Carpet
  • Laminate
  • Luxury Vinyl Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Car Detached Garage
  • Stone Driveway
  • Off-Street Parking

Schools

  • Eisenhower Elementary School
  • Edgewood Middle School
  • Warsaw High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • High-Efficiency Furnace
  • Heating System Uses Gas
  • Gas Water Heater

Additional Features

  • Energy-Efficient HVAC
  • Suburban Location

Listing and Financial Details

  • Tenant pays for cable, electric, heating, lawn maintenance, snow removal, water
  • The owner pays for sewer
  • Assessor Parcel Number 43-11-17-100-101.000-032

Community Details

Overview

  • 2 Units
  • Chapman Subdivision

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $1,025
  • Maintenance Expense $700
  • Water Sewer Expense $672

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,169

Year Built

Built in 1890

Lot Details

8,712 Sq Ft Lot

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1890
  • Style: Two Story
  • Architectural Style: Traditional
  • Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: 004-077-110.A LOT 30 CHAPMANS ADD
  • Parcel Number ID: 43-11-17-100-101.000-032
  • Platted: Yes
  • Amenities: Countertops-Laminate, Detector-Smoke, Water Heater Gas, Washer Hook-Up
  • Grid: 10 - Central Kosc.
  • Location: City/Town/Suburb
  • Special Features: None

Interior Features

  • Total Sq Ft: 3060
  • Total Finished Sq Ft: 2306
  • Above Grade Finished Sq Ft: 2306
  • Below Grade Sq Ft: 754
  • Basement: Yes
  • Basement Foundation: Daylight, Partial Basement, Unfinished
  • Flooring: Carpet, Laminate, Vinyl Tile, Vinyl
  • Total Below Grade Sq Ft: 754
  • Number Of Microwaves: 1
  • Number Of Ranges Ovens: 2
  • Number Ttl Rooms Below Grade: 1

Exterior Features

  • Roof Material: Asphalt, Rubber
  • Stories: 2
  • Outbuilding Sq Ft: 400

Garage/Parking

  • Driveway: Stone
  • Number Of Parking Spaces: 7
  • Parking: Garage, Off Street

Utilities

  • Cooling: Window
  • 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
  • Annual Insurance Expense: 1025
  • Annual Maintenance Expense: 700
  • Annual Water Sewer Expense: 672
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Of W D Hookups: 2
  • Number Water Meters: 2

Schools

  • Elementary School: Eisenhower

Green Features

  • Energy Efficient: HVAC
  • Energy Efficient Windows/Doors: Double Pane Windows

Lot Info

  • Lot Description: Corner
  • Lot Dimensions: 132' x 66'
  • Lot Number: 30

Rental Info

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

Tax Info

  • Annual Property Tax: 2169

Multi Family

  • Number Of Dryers: 1
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of2 Bedrooms: 2

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 21, 2022
Closed on
May 18, 2022
Sold by
King Michael L and King Lisa A
Bought by
Jaimes Carely M
Seller's Agent
Steve Savage
RE/MAX Results
Buyer's Agent
Sabas Valencia
RE/MAX Results
List Price
$179,000
Sold Price
$180,000
Premium/Discount to List
$1,000
0.56%
Current Estimated Value
$233,151

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,151
Avg. Annual Appreciation
7.14%
Original Mortgage
$176,739
Outstanding Balance
$167,122
Interest Rate
4.75%
Mortgage Type
FHA
Estimated Equity
$66,029

Purchase Details

Closed on
Oct 2, 2018
Sold by
King Michael L and King Lisa A
Bought by
King Mcihael L and King Lisa A

Purchase Details

Closed on
Jun 9, 2018
Sold by
King Michael and King Lisa A
Bought by
King Michael L and King Lisa A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Jaimes Carely M $180,000 Hardig Edward W
King Mcihael L -- None Available
King Michael L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jaimes Carely M $176,739
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/18/2022 05/18/22 Sold $180,000 +0.6% $78 / Sq Ft
03/21/2022 03/21/22 For Sale $179,000 -- $78 / Sq Ft
Source: Indiana Regional MLS

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 $2,430 $184,600 $21,400 $163,200
2023 $2,330 $180,100 $21,400 $158,700
2022 $1,613 $132,800 $17,800 $115,000
2021 $2,362 $113,000 $17,800 $95,200
2020 $2,169 $103,700 $13,900 $89,800
2019 $2,070 $98,800 $13,900 $84,900
2018 $1,942 $92,500 $12,500 $80,000
2017 $1,886 $89,600 $12,500 $77,100
2016 $1,804 $85,600 $11,200 $74,400
2014 $1,690 $84,500 $11,200 $73,300
2013 $1,690 $85,900 $11,200 $74,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202209411

Indiana Regional MLS

APN: 43-11-17-100-101.000-032

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