NOT LISTED FOR SALE

616 W Prairie St Warsaw, IN 46580

Estimated Value: $229,000 - $270,061

6 Beds
3 Baths
2,208 Sq Ft
$114/Sq Ft Est. Value

Last Sold April 20, 2021

Last sale price $180,000 $82 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $1,713/month

6 Days on Market

Highlights

  • Multiple cooling system units
  • Hot Water Heating System
  • Carpet
  • Edgewood Middle School Rated A
  • Level Lot
  • 1-Story Property

About This Home

As of April 2021

Nice Tri-Plex in a quiet neighborhood. Live in the larger unit and have your tenants make your payments for you. Off street parking, close to schools.

Last Agent to Sell the Property

Norm Weirick

RE/MAX Results- Warsaw Listed on: 04/01/2021

RE/MAX Results- Warsaw

Last Buyer's Agent

James Bausch

RE/MAX Results- Warsaw

RE/MAX Results- Warsaw

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,016

Year Built

  • Built in 1986

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 66 x 132
  • Level Lot

Home Design

  • Triplex
  • Vinyl Construction Material

Interior Spaces

  • 2,208 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Parking

  • 6 Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Outbuilding

Utilities

  • Multiple cooling system units
  • Hot Water Heating System

Listing and Financial Details

  • Tenant pays for cable, electric, heating, sewer
  • The owner pays for building insurance, lawn maintenance, maintenance, sewer, snow removal, tax, trash collection, water
  • Assessor Parcel Number 43-11-18-100-024.000-032

Community Details

Overview

  • 3 Units

Pet Policy

  • Pet Restriction

Building Details

  • Insurance Expense $2,150
  • Maintenance Expense $3,982
  • Water Sewer Expense $1,873

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,016

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1986
  • Age: 35
  • Style: One Story
  • Bedrooms: 6
  • Number Above Grade Bedrooms: 6
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: 004-081-040 Lots 22 & 23 Less W 44' Oakwood Pk
  • Parcel Number ID: 43-11-18-100-024.000-032
  • Platted: Yes
  • Amenities: Off Street Parking, Deck Open
  • Grid: 10 - Central Kosc.
  • Sp Lp Percent: 100.06
  • Annual Miscellaneous: 1130
  • Monthly Gross Income: 1479
  • Special Features: None

Interior Features

  • Total Sq Ft: 2208
  • Total Finished Sq Ft: 2208
  • Above Grade Finished Sq Ft: 2208
  • Price Per Sq Ft: 81.52
  • Basement Foundation: Crawl
  • Flooring: Carpet, Vinyl
  • Number Of Disposals: 1
  • Number Of Ranges Ovens: 3

Exterior Features

  • Exterior: Vinyl
  • Stories: 1
  • Outbuilding: Outbuilding
  • Outbuilding Sq Ft: 120

Garage/Parking

  • Number Of Parking Spaces: 6

Utilities

  • Cooling: Multiple Cooling Units
  • Heating Fuel: Hot Water
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 2150
  • Annual Maintenance Expense: 3982
  • Annual Water Sewer Expense: 1873
  • Number Of W D Hookups: 3

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 66 x 132
  • Estimated Lot Sq Ft: 10560
  • Estimated Lot Size Acres: 0.25
  • Lot Number: 22

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Building Insurance, Lawn Maintenance, Maintenance, Sewer, Snow Removal, Tax, Trash Collection, Water
  • Tenant Pays: Cable, Electric, Heating, Sewer

Multi Family

  • Gross Monthly Rent: 1479
  • Number Of Dryers: 3
  • Number Of Refrigerators: 3
  • Number Of Units: 3
  • Number Of Washers: 3
  • Num Of2 Bedrooms: 3
  • Num Of Units Rented: 1

Tax Info

  • Annual Property Tax: 3016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2021
Closed on
Apr 20, 2021
Sold by
Oakwood Park Apartment Llc
Bought by
Hawk Rentals Llc
Seller's Agent
Norm Weirick
RE/MAX Results- Warsaw
Buyer's Agent
James Bausch
RE/MAX Results- Warsaw
List Price
$179,900
Sold Price
$180,000
Premium/Discount to List
$100
0.06%
Current Estimated Value
$250,765

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,765
Avg. Annual Appreciation
7.90%

Purchase Details

Listed on
Apr 23, 2013
Closed on
Jul 5, 2013
Sold by
Nellans Marcia Ann and Guiff Maranel Sue
Bought by
Oakwood Park Apartments Llc
Seller's Agent
Terry Baker
Kosciusko County Lakes Realty
Buyer's Agent
Norm Weirick
RE/MAX Results- Warsaw
List Price
$134,900
Sold Price
$127,805
Premium/Discount to List
-$7,095
-5.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.49%
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
Hawk Rentals Llc $180,000 None Available
Oakwood Park Apartments Llc -- None Available
Nellans Marci Ann -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gliff Maranel Sue $40,090
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2021 04/20/21 Sold $180,000 +0.1% $82 / Sq Ft
04/07/2021 04/07/21 Pending -- -- --
04/01/2021 04/01/21 For Sale $179,900 +40.8% $81 / Sq Ft
07/05/2013 07/05/13 Sold $127,805 -5.3% $58 / Sq Ft
05/24/2013 05/24/13 Pending -- -- --
04/23/2013 04/23/13 For Sale $134,900 -- $61 / 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 $4,193 $202,900 $24,600 $178,300
2023 $4,256 $204,400 $24,600 $179,800
2022 $3,843 $184,400 $20,600 $163,800
2021 $3,248 $155,000 $19,000 $136,000
2020 $3,016 $143,800 $14,500 $129,300
2019 $2,957 $140,500 $14,500 $126,000
2018 $2,834 $134,200 $14,500 $119,700
2017 $2,750 $130,000 $14,500 $115,500
2016 $2,636 $124,400 $11,400 $113,000
2014 $2,367 $118,100 $11,400 $106,700
2013 $2,367 $121,600 $13,000 $108,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202111033

Indiana Regional MLS

APN: 43-11-18-100-024.000-032