NOT LISTED FOR SALE

703 E Fort Wayne St Warsaw, IN 46580

Estimated Value: $217,000 - $244,000

6 Beds
2 Baths
2,514 Sq Ft
$92/Sq Ft Est. Value

Last Sold January 29, 2021

Last sale price $175,000 $70 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $1,552/month

10 Days on Market

Highlights

  • Open Floorplan
  • Backs to Open Ground
  • 1 Car Detached Garage
  • Lincoln Elementary School Rated A-
  • Corner Lot
  • 4-minute walk to Richardson-DuBois Park

About This Home

As of January 2021

Great Investment property in Warsaw! This duplex is located on a large corner lot within walking distance to 2 lakes, parks, school, restaurants and downtown. All brick on the front and sides of the duplex has just been redone along with many other updates. Large open concept living/dining rooms on both sides with 9'+ ceilings. 701 has 2 bedrooms on the upper level and 703 has 1 bedroom on the main and 3 bedrooms on the upper level. Both sides have laundry hook ups. The roof is 5 years old. Great opportunity to live in one side and rent the other as the current owners have done, or rent both sides! Tree lined street with a sidewalk in a very convenient location.

Last Agent to Sell the Property

Angie Hartley

Brian Peterson Real Estate Listed on: 12/04/2020

Last Buyer's Agent

The Mark Skibowski Team

Re/Max Lakes

Re/Max Lakes

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,145

Year Built

  • Built in 1900

Lot Details

  • 10,824 Sq Ft Lot
  • Lot Dimensions are 82x132
  • Backs to Open Ground
  • Corner Lot

Home Design

  • Duplex
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Built-in Bookshelves
  • Ceiling height of 9 feet or more
  • Entrance Foyer
  • Partially Finished Basement
  • Crawl Space
  • Washer Hookup

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Home Security

  • Storm Doors
  • Fire and Smoke Detector

Parking

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

Location

  • Suburban Location

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 43-11-08-200-644.000-032

Community Details

Overview

  • 2 Units

Building Details

  • Electric Expense $2,436
  • Fuel Expense $1,596

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,145

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1900
  • Age: 121
  • Style: Two Story
  • Bedrooms: 6
  • Number Above Grade Bedrooms: 6
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: 004-044-047 LOT 246 & 16 X 132 FT W SIDE LOT 245 LANSDALES ADD AKA OP OF WARSAW
  • Parcel Number ID: 43-11-08-200-644.000-032
  • Platted: Yes
  • Amenities: Basement, Off Street Parking, Built-In Bookcase, Cable Available, Ceiling-9+, Detector-Smoke, Foyer Entry, Open Floor Plan, Storm Doors, Water Heater Gas, Washer Hook-Up
  • Grid: 10 - Central Kosc.
  • Location: City/Town/Suburb
  • Sp Lp Percent: 97.77
  • Special Features: None

Interior Features

  • Total Sq Ft: 3083
  • Total Finished Sq Ft: 2514
  • Above Grade Finished Sq Ft: 2423
  • Below Grade Finished Sq Ft: 91
  • Below Grade Sq Ft: 569
  • Price Per Sq Ft: 72.22
  • Basement: Yes
  • Basement Foundation: Crawl, Partial Basement
  • Flooring: Carpet, Laminate
  • Main Level Sq Ft: 1301
  • Total Below Grade Sq Ft: 660
  • Number Of Disposals: 1
  • Number Of Ranges Ovens: 2
  • Number Ttl Rooms Below Grade: 1

Exterior Features

  • Exterior: Aluminum, Brick
  • Roof Material: Shingle
  • Stories: 2

Garage/Parking

  • Driveway: Gravel
  • Number Of Parking Spaces: 4
  • Parking: Gravel, Off Street

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: NIPSCO
  • Gas Company: NIPSCO
  • Water Company: Indiana American Water Co
  • Annual Electric: 2436
  • Annual Fuel Expense: 1596
  • Number Of W D Hookups: 2

Schools

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

Lot Info

  • Lot Description: Corner
  • Lot Dimensions: 82X132
  • Estimated Lot Sq Ft: 10824
  • Estimated Lot Size Acres: 0.2485
  • Lot Number: 246

Tax Info

  • Exemptions: Homestead
  • Annual Property Tax: 1145

Multi Family

  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of2 Bedrooms: 1
  • Number Of 4 Bedrooms: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2020
Closed on
Jan 28, 2021
Sold by
Applegate Richard and Applegate Veronica
Bought by
Flores Jose and Flores Edgar Ivan
Seller's Agent
Angie Hartley
Brian Peterson Real Estate
Buyer's Agent
The Mark Skibowski Team
Re/Max Lakes
List Price
$179,000
Sold Price
$175,000
Premium/Discount to List
-$4,000
-2.23%
Current Estimated Value
$216,831

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,831
Avg. Annual Appreciation
4.44%
Original Mortgage
$22,500
Outstanding Balance
$20,840
Interest Rate
4.37%
Mortgage Type
New Conventional
Estimated Equity
$192,094
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
Flores Jose $175,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flores Jose $22,500
Previous Owner Applegate Richard $76,000
Previous Owner Applegate Richard $109,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2021 01/29/21 Sold $175,000 -2.2% $70 / Sq Ft
12/14/2020 12/14/20 Pending -- -- --
12/04/2020 12/04/20 For Sale $179,000 -- $71 / 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 $4,249 $205,600 $26,600 $179,000
2023 $4,168 $200,200 $26,600 $173,600
2022 $3,724 $178,700 $22,100 $156,600
2021 $1,430 $138,800 $22,100 $116,700
2020 $1,335 $127,400 $17,200 $110,200
2019 $1,145 $116,600 $15,500 $101,100
2018 $1,085 $109,400 $14,000 $95,400
2017 $1,001 $106,000 $14,000 $92,000
2016 $952 $101,400 $12,600 $88,800
2014 $805 $95,300 $12,600 $82,700
2013 $805 $96,800 $12,600 $84,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202047981

Indiana Regional MLS

APN: 43-11-08-200-644.000-032