$230,000

708 N Lake St Unit A & B Warsaw, IN 46580

Estimated payment $1,460/month

Total Views 663
5 Beds
3 Baths
2,016 Sq Ft
$114 Price per Sq Ft

Highlights

  • 44 Feet of Waterfront
  • Lake Property
  • Bathtub with Shower
  • Edgewood Middle School Rated A
  • Dock Rights
  • Forced Air Heating and Cooling System

About This Home

Don’t miss this rare opportunity to own a lakefront duplex on Center Lake, offering both strong rental potential and long-term value. This spacious property can continue operating as an income-producing duplex or be converted back into a single-family residence, giving investors multiple options. The main level unit features three bedrooms, a large living room, a kitchen, and a dining area with direct access to the backyard and lakefront. Upstairs, the second unit offers two oversized bedrooms and bright living and dining spaces with beautiful lake views. A full basement provides laundry facilities and plenty of storage, while both on-street and off-street parking add convenience for tenants. With its prime Center Lake location, versatile layout, and built-in demand for waterfront living, this property is a standout investment opportunity.

Listing Agent

Brian Peterson

Brian Peterson Real Estate Listed on: 08/21/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,473

Year Built

  • Built in 1910

Lot Details

  • 9,240 Sq Ft Lot
  • Lot Dimensions are 44x210
  • 44 Feet of Waterfront
  • Lake Front
  • Property is zoned R3

Parking

  • Off-Street Parking

Home Design

  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Gas Oven or Range
  • Washer Hookup

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Bathtub with Shower
  • Separate Shower

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Outdoor Features

  • Dock Rights
  • Lake Property
  • Lake, Pond or Stream

Location

  • Suburban Location

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • Hood & Britton Subdivision

Listing and Financial Details

  • Assessor Parcel Number 43-11-08-400-229.000-032

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,473

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1910
  • Age: 115
  • Style: Two Story
  • Architectural Style: Square
  • Total Number of Rooms: 11
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 5
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: 4-42-66 S 44' & STP E LOT 475 OP
  • Parcel Number ID: 43-11-08-400-229.000-032
  • Platted: Yes
  • Amenities: Range/Oven Hook Up Gas, Stand Up Shower, Tub/Shower Combination, Washer Hook-Up
  • Improvmnts In Last5 Yrs: Yes
  • Inside City Limits: Yes
  • Location: City/Town/Suburb, Lake
  • Year Taxes Payable: 2025
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 3090
  • Total Finished Sq Ft: 2016
  • Above Grade Finished Sq Ft: 2016
  • Below Grade Sq Ft: 1074
  • Price Per Sq Ft: 114.09
  • Basement: Yes
  • Basement Foundation: Full Basement, Unfinished
  • Basement Material: Block
  • Living Great Room: Dimensions: 15x14, On Level: Main
  • Kitchen: Dimensions: 9x11, On Level: Main
  • Dining Room: Dimensions: 9x11, On Level: Main
  • Family Room: Dimensions: 11x11, On Level: Upper
  • Bedroom 1: Dimensions: 16x11, On Level: Main
  • Bedroom 2: Dimensions: 10x13, On Level: Main
  • Bedroom 3: Dimensions: 12x11, On Level: Upper
  • Bedroom 4: Dimensions: 12x10, On Level: Upper
  • Bedroom 5: Dimensions: 7x11, On Level: Main
  • Main Level Sq Ft: 1074
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 1074

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Outbuilding1: None
  • Lake Type: Non Ski Lake
  • Water Features: Boat Docking Rights
  • Water Frontage: 44
  • Water Name: Center Lake

Garage/Parking

  • Off Street Parking: Yes

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
  • Water Type: Lake

Condo/Co-op/Association

  • Association Restrictions: Yes

Schools

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

Lot Info

  • Lot Description: Waterfront
  • Lot Dimensions: 44X210
  • Estimated Lot Sq Ft: 9240
  • Estimated Lot Size Acres: 0.21
  • Lot Number: 475

Tax Info

  • Annual Taxes: 2472.54
  • Exemptions: Homestead, Supplemental

Multi Family

  • Water Access: Lakefront

MLS Schools

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

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $2,473 $196,900 $53,300 $143,600
2023 $2,214 $181,900 $50,600 $131,300
2022 $1,908 $159,200 $44,400 $114,800
2021 $1,624 $137,100 $44,400 $92,700
2020 $2,663 $127,300 $38,200 $89,100
2019 $2,592 $123,700 $38,200 $85,500
2018 $2,581 $122,900 $38,200 $84,700
2017 $2,459 $116,800 $38,200 $78,600
2016 $2,387 $113,300 $38,200 $75,100
2014 $2,246 $112,300 $38,200 $74,100
2013 $2,246 $112,300 $38,200 $74,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2025 08/21/25 For Sale $230,000 -- $114 / Sq Ft
Source: Indiana Regional MLS

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Warranty Deed $175,000 None Available
Assessor Sales History -- --
Deed $63,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $18,500 New Conventional
Open $175,824 New Conventional
Closed $175,824 New Conventional
Previous Owner $166,250 New Conventional
Source: Public Records

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Source: Indiana Regional MLS

MLS Number: 202533534

Indiana Regional MLS

APN: 43-11-08-400-229.000-032