NOT LISTED FOR SALE

603 E Clark St Warsaw, IN 46580

Estimated Value: $246,000 - $311,000

6 Beds
6 Baths
3,060 Sq Ft
$96/Sq Ft Est. Value

Last Sold April 25, 2013

Last sale price $70,000 $23 Per Sq Ft

Est. 308% increase in value since last sale

Current estimated payment $2,009/month

14 Days on Market

Highlights

  • Wood Flooring
  • Corner Lot
  • Double Pane Windows
  • Lincoln Elementary School Rated A-
  • Enclosed Patio or Porch
  • Forced Air Heating System

About This Home

As of April 2013

GREAT INCOME PROPERTY. UNITS WERE RENTING FOR 400 A MONTH. PROPERTY IS MOVE IN READY. START MAKING MONEY RIGHT AWAY. BANK OF AMERICA PRE-QUALIFICATION REQUIRED ON ALL OFFERS. PLEASE ALLOW 2-3 BUSINESS DAYS FOR SELLER RESPONSE.Bank of America, N.A. employees and employees household members of the Bank are prohibited from purchasing this property, whether directly or indirectly.

Last Agent to Sell the Property

Greg White

Re/Max Lakes Listed on: 02/22/2013

Last Buyer's Agent

Teresa Bakehorn

Our House Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,933

Year Built

  • Built in 1890

Lot Details

  • Lot Dimensions are 129x111
  • Corner Lot
  • Level Lot

Parking

  • Garage

Home Design

  • Quadruplex
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 3,060 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Crawl Space

Flooring

  • Wood
  • Carpet

Outdoor Features

  • Enclosed Patio or Porch

Schools

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

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Electric Water Heater

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 004-044-011

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,933

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Fourplex
  • Year Built: 1890
  • Style: Two Story
  • Legal Description: MDL PT OL 7 LANSDALES ADD |
  • Parcel Number ID: 004-044-011
  • Platted: Yes
  • Amenities: Ceiling Fan, Fireplace, Porch Enclosed, Water Heater Electric
  • Grid: 10 - Central Kosc.
  • Sp Lp Percent: 100.14
  • Special Features: 20
  • Stories: 2

Interior Features

  • Total Sq Ft: 3060
  • Basement Foundation: Crawl
  • Flooring: Carpet, Wood

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle

Garage/Parking

  • Parking: Garage

Utilities

  • Heating Fuel: Gas, Forced Air
  • Water Utilities: City

Schools

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

Lot Info

  • Lot Description: Corner, Level
  • Lot Dimensions: 129X111

Green Features

  • Energy Efficient Windows/Doors: Double Pane Windows

Multi Family

  • Number Of Units: 4

MLS Schools

  • High School: Warsaw
  • Middle School: Lakeview

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2013
Closed on
Apr 23, 2013
Sold by
The Bank Of New York Mellon
Bought by
Mineral Springs Llc
Seller's Agent
Greg White
Re/Max Lakes
Buyer's Agent
Teresa Bakehorn
Our House Real Estate
List Price
$93,900
Sold Price
$70,000
Premium/Discount to List
-$23,900
-25.45%
Current Estimated Value
$285,441

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$215,441
Avg. Annual Appreciation
11.10%
Original Mortgage
$70,000
Interest Rate
6%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 27, 2012
Sold by
Oest Violet R
Bought by
The Bank Of New York Mellon and The Bank Of New York
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Mineral Springs Llc -- Security Title Services Llc
The Bank Of New York Mellon $85,872 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Mineral Springs Llc $82,500
Closed Mineral Springs Llc $70,000
Closed Mineral Springs Llc $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2013 04/25/13 Sold $70,000 -25.5% $23 / Sq Ft
03/08/2013 03/08/13 Pending -- -- --
02/22/2013 02/22/13 For Sale $93,900 -- $31 / 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 $5,933 $286,800 $30,300 $256,500
2023 $4,625 $222,700 $30,300 $192,400
2022 $4,140 $198,800 $25,300 $173,500
2021 $3,225 $154,300 $25,300 $129,000
2020 $2,956 $141,300 $19,600 $121,700
2019 $2,933 $139,700 $25,200 $114,500
2018 $2,740 $130,500 $22,800 $107,700
2017 $2,680 $127,000 $22,800 $104,200
2016 $2,558 $121,100 $20,400 $100,700
2014 $2,054 $102,700 $20,400 $82,300
2013 $2,054 $104,300 $20,400 $83,900
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 666731

Indiana Regional MLS

APN: 43-11-08-200-528.000-032