NOT LISTED FOR SALE

923 E Fort Wayne St Warsaw, IN 46580

Estimated Value: $133,000 - $231,000

3 Beds
2 Baths
1,671 Sq Ft
$106/Sq Ft Est. Value

Last Sold May 31, 2017

Last sale price $70,500 $42 Per Sq Ft

Est. 151% increase in value since last sale

Current estimated payment $1,195/month

133 Days on Market

Highlights

  • Covered Patio or Porch
  • Fenced Yard
  • Shed
  • Lincoln Elementary School Rated A-
  • Eat-In Kitchen
  • Forced Air Heating System

About This Home

As of May 2017

Income producing duplex in Warsaw with 1 bedroom unit on upper level and 2 bedroom unit on lower level. Located within the Lincoln Elementary school district, this property can easily be converted back to a single family home (needs interior stairway). Over 1500 square feet, newer plumbing and electric service. New roof on second floor in 2013, new chimney for furnace and water heater in 2013.

Last Agent to Sell the Property

Julie Hall

Patton Hall Real Estate Listed on: 01/11/2017

Last Buyer's Agent

Daniel Harstine

Integrity Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,540

Year Built

  • Built in 1870

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 62x132
  • Fenced Yard
  • Level Lot

Home Design

  • Duplex
  • Slab Foundation
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Fire and Smoke Detector
  • Eat-In Kitchen
  • Washer Hookup

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Partially Finished Basement

  • Block Basement Construction
  • Crawl Space

Outdoor Features

  • Covered Patio or Porch
  • Shed

Utilities

  • Forced Air Heating System
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for electric, heating, lawn maintenance, sewer, water
  • The owner pays for maintenance, sewer, tax
  • Assessor Parcel Number 43-11-08-200-665.000-032

Community Details

Overview

  • 2 Units

Pet Policy

  • Pet Restriction

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $1,792
  • Insurance Expense $800
  • Maintenance Expense $350
  • Water Sewer Expense $1,229

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,540

Year Built

Built in 1870

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1870
  • Age: 147
  • Style: Two Story
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Lot 14 Conds Add
  • Parcel Number ID: 43-11-08-200-665.000-032
  • Platted: Yes
  • Amenities: Fenced Yard, Detector-Smoke, Eat-In Kitchen, Porch Covered, Water Heater Gas, Washer Hook-Up
  • Grid: 10 - Central Kosc.
  • Inside City Limits: Yes
  • Sp Lp Percent: 90.5
  • Annual Miscellaneous: 1000
  • Monthly Gross Income: 1170
  • Special Features: None

Interior Features

  • Total Sq Ft: 1814
  • Total Finished Sq Ft: 1671
  • Above Grade Finished Sq Ft: 1671
  • Below Grade Sq Ft: 143
  • Price Per Sq Ft: 42.19
  • Basement: Yes
  • Basement Foundation: Crawl, Slab, Partial Basement
  • Basement Material: Block
  • Flooring: Carpet, Vinyl
  • Total Below Grade Sq Ft: 143
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Vinyl
  • Stories: 2
  • Outbuilding: Shed
  • Outbuilding Sq Ft: 144

Utilities

  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Electric: 1792.39
  • Annual Insurance Expense: 800
  • Annual Maintenance Expense: 350
  • Annual Water Sewer Expense: 1228.61
  • Number Electric Meters: 1
  • 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: Level
  • Lot Dimensions: 62X132
  • Estimated Lot Sq Ft: 8276
  • Estimated Lot Size Acres: 0.19

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Maintenance, Sewer, Tax
  • Tenant Pays: Electric, Heating, Lawn Maintenance, Sewer, Water

Multi Family

  • Gross Monthly Rent: 1080
  • Number Of Dryers: 1
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Number Of Washers: 1
  • Num Of1 Bedrooms: 1
  • Num Of2 Bedrooms: 1
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 1540

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2017
Closed on
May 31, 2017
Sold by
Garber Gregory J and Garber Charlene M
Bought by
Haab Benjamin D and Habb Michelle R
Seller's Agent
Julie Hall
Patton Hall Real Estate
Buyer's Agent
Daniel Harstine
Integrity Real Estate
List Price
$77,900
Sold Price
$70,500
Premium/Discount to List
-$7,400
-9.5%
Current Estimated Value
$176,725

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,225
Avg. Annual Appreciation
11.58%
Original Mortgage
$52,875
Outstanding Balance
$27,752
Interest Rate
4.03%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$148,973
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
Haab Benjamin D $70,500 Fidelity National Title Compan
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Haab Benjamin D $52,875
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2017 05/31/17 Sold $70,500 -9.5% $42 / Sq Ft
05/24/2017 05/24/17 Pending -- -- --
01/11/2017 01/11/17 For Sale $77,900 -- $47 / 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 $3,089 $149,500 $20,100 $129,400
2023 $2,797 $134,400 $20,100 $114,300
2022 $2,494 $119,700 $16,700 $103,000
2021 $2,145 $102,400 $16,700 $85,700
2020 $1,968 $93,900 $13,000 $80,900
2019 $1,868 $89,000 $13,000 $76,000
2018 $1,757 $83,500 $11,800 $71,700
2017 $1,704 $80,800 $11,800 $69,000
2016 $1,628 $77,100 $10,500 $66,600
2014 $1,530 $76,500 $10,500 $66,000
2013 $1,530 $77,700 $10,500 $67,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201701210

Indiana Regional MLS

APN: 43-11-08-200-665.000-032