NOT LISTED FOR SALE

901 E Market St Warsaw, IN 46580

Estimated Value: $192,241 - $230,000

4 Beds
2 Baths
1,944 Sq Ft
$108/Sq Ft Est. Value

Last Sold October 10, 2018

Last sale price $110,000 $57 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $1,335/month

6 Days on Market

Highlights

  • Corner Lot
  • Covered Patio or Porch
  • Laundry in Utility Room
  • Lincoln Elementary School Rated A-
  • Pocket Doors
  • 2-minute walk to Fribley Field

About This Home

As of October 2018

Charming and spacious home classified as a Duplex but used now as a Single Family. The apartment upstairs has not been rented or used as additional income. The home has new GFA installed 2017, Central air installed 08/15/18, for main level only. All hardwood floors on main level with 3 bedrooms, 1 bath & laundry. Other updates include flooring, lighting, paint, some plumbing and faucets. Upper level apartment offers large living room, 1 bedroom & 1 full bath, it is electric baseboard heat & 2 window A/C units. The basement access for mechanical's is in laundry room.

Last Agent to Sell the Property

Loretta Reeder

Brian Peterson Real Estate Listed on: 08/17/2018

Last Buyer's Agent

Loretta Reeder

Brian Peterson Real Estate Listed on: 08/17/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $896

Year Built

  • Built in 1920

Lot Details

  • 6,190 Sq Ft Lot
  • Lot Dimensions are 72x89
  • Corner Lot
  • Level Lot

Home Design

  • Duplex
  • Shingle Roof

Interior Spaces

  • 1.5-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Pocket Doors
  • Laminate Flooring
  • Laminate Countertops
  • Laundry in Utility Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Partially Finished Basement

  • Block Basement Construction
  • Natural lighting in basement

Home Security

  • Storm Doors
  • Fire and Smoke Detector

Parking

  • 2 Parking Spaces
  • Driveway
  • On-Street Parking
  • Off-Street Parking

Utilities

  • Forced Air Heating and Cooling System
  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Gas

Additional Features

  • Energy-Efficient HVAC
  • Covered Patio or Porch
  • Suburban Location

Listing and Financial Details

  • Homestead Exemption
  • Tenant pays for cable, electric, heating
  • The owner pays for lawn maintenance, maintenance, sewer, tax, trash collection, water
  • Assessor Parcel Number 43-11-08-200-194.000-032

Community Details

Overview

  • 2 Units

Pet Policy

  • Pet Restriction

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $1,776
  • Fuel Expense $1,272
  • Insurance Expense $2,142
  • Water Sewer Expense $1,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$896

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1920
  • Age: 98
  • Style: One and Half Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: 004-044-337 S Pt Lot 18 Stp Adj E Side & S Lot 18 Long & Lightfoot's Add Replat |
  • Parcel Number ID: 43-11-08-200-194.000-032
  • Platted: Yes
  • Amenities: Ceiling Fan, Ceiling-9+, Countertops-Laminate, Detector-Smoke, Patio Open, Pocket Doors, Porch Covered, Storm Doors
  • Grid: 10 - Central Kosc.
  • Location: City/Town/Suburb
  • Road Access: City
  • Road Surface: Paved
  • Sp Lp Percent: 91.74
  • Special Features: None

Interior Features

  • Total Sq Ft: 1944
  • Total Finished Sq Ft: 1944
  • Above Grade Finished Sq Ft: 1944
  • Price Per Sq Ft: 56.58
  • Basement: Yes
  • Basement Foundation: Daylight, Partial Basement, Unfinished
  • Basement Material: Block
  • Flooring: Laminate
  • Main Level Sq Ft: 1164
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Aluminum
  • Roof Material: Shingle
  • Stories: 1.5
  • Outbuilding Sq Ft: 96

Garage/Parking

  • Driveway: Concrete
  • Number Of Parking Spaces: 2
  • Parking: Off Street, Street

Utilities

  • Cooling: Central Air, Window
  • Heating Fuel: Electricity, Gas, Baseboard, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: NIPSCO
  • Gas Company: NIPSCO
  • Water Company: Indiana American Water Co
  • Cable Company: Comcast
  • Annual Electric: 1776
  • Annual Fuel Expense: 1272
  • Annual Insurance Expense: 2142
  • Annual Water Sewer Expense: 1200
  • Number Electric Meters: 2
  • Number Gas Meters: 1
  • Number Of W D Hookups: 1
  • Number Water Meters: 1

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

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

Lot Info

  • Lot Description: Corner, Level
  • Lot Dimensions: 72X89
  • Estimated Lot Sq Ft: 6190
  • Estimated Lot Size Acres: 0.1421
  • Lot Number: 18

Green Features

  • Energy Efficient: HVAC

Rental Info

  • Owner Pays: Lawn Maintenance, Maintenance, Sewer, Tax, Trash Collection, Water
  • Tenant Pays: Cable, Electric, Heating

Tax Info

  • Exemptions: Homestead, Mortgage
  • Annual Property Tax: 895.64

Multi Family

  • Number Of Dishwashers: 1
  • Number Of Dryers: 1
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Number Of Washers: 1
  • Num Of1 Bedrooms: 3
  • Num Of2 Bedrooms: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 15, 2020
Sold by
Hodson Ryan J
Bought by
Bornes Jubilee
Current Estimated Value
$209,560

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,735
Outstanding Balance
$109,275
Interest Rate
3.2%
Mortgage Type
FHA
Estimated Equity
$95,699

Purchase Details

Listed on
Aug 17, 2018
Closed on
Oct 10, 2018
Sold by
Winston William R
Bought by
Hodson Ryan J
Seller's Agent
Loretta Reeder
Brian Peterson Real Estate
Buyer's Agent
Loretta Reeder
Brian Peterson Real Estate
List Price
$119,900
Sold Price
$110,000
Premium/Discount to List
-$9,900
-8.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.47%
Original Mortgage
$104,500
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 11, 2016
Closed on
Oct 7, 2016
Sold by
Sumpter Linda and Sumpter Alan Wayne
Bought by
Winston William R
Seller's Agent
David Blackwell
Blackwell Real Estate
Buyer's Agent
James Bausch
RE/MAX Results- Warsaw
List Price
$75,000
Sold Price
$77,000
Premium/Discount to List
$2,000
2.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.42%
Original Mortgage
$75,605
Interest Rate
3.5%
Mortgage Type
FHA
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
Bornes Jubilee $125,000 Fidelity National Title Compan
Hodson Ryan J -- None Available
Winston William R -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bornes Jubilee $122,735
Previous Owner Hodson Ryan J $104,500
Previous Owner Winston William R $75,605
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/10/2018 10/10/18 Sold $110,000 -8.3% $57 / Sq Ft
08/23/2018 08/23/18 Pending -- -- --
08/17/2018 08/17/18 For Sale $119,900 +55.7% $62 / Sq Ft
10/07/2016 10/07/16 Sold $77,000 +2.7% $40 / Sq Ft
07/18/2016 07/18/16 Pending -- -- --
07/11/2016 07/11/16 For Sale $75,000 -- $39 / 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 $2,324 $179,200 $19,200 $160,000
2023 $2,084 $165,800 $19,200 $146,600
2022 $1,816 $148,100 $15,900 $132,200
2021 $1,504 $126,500 $15,900 $110,600
2020 $1,259 $112,000 $12,400 $99,600
2019 $1,057 $95,600 $12,400 $83,200
2018 $938 $88,100 $11,200 $76,900
2017 $896 $85,100 $11,200 $73,900
2016 $503 $79,400 $10,300 $69,100
2014 $1,500 $74,900 $10,300 $64,600
2013 $1,500 $76,100 $10,300 $65,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201837100

Indiana Regional MLS

APN: 43-11-08-200-194.000-032