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  • $230,000

    1422 E Center St, Warsaw, IN 46580

    2beds
    2,166sqft
    : 
    $1,522/mo
    Get pre-qualified
    Duplex
    Built in 1910
    -- sqft lot
    $225,600 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Separate residential apartment upstairsFunctional office layout
    Opportunity and flexibility come together at this completely remodeled mixed-use property located along highly traveled Center Street in Warsaw. Offering 2,544 square feet and extensively renovated in 2023, this property is currently configured with professional office space on the main level and a separate residential apartment upstairs, creating an excellent opportunity for an investor or business owner looking to offset expenses with rental income. The main level offers a functional office layout featuring a private office or conference room, two additional open work areas, a kitchen, and bathroom space. Upstairs, the separate residential apartment provides its own kitchen and living space, allowing the property to serve multiple purposes under its R2 zoning. Both levels also offer the flexibility to be used residentially, making this an attractive option for investors looking for a duplex-style property. The 2023 renovation included updates to the flooring, electrical, plumbing, kitchens, bathrooms, and windows, giving the property a fresh, updated feel while taking care of many of the major improvements. The roof is also approximately three years old. Situated on a .20-acre lot with approximately 10 parking spaces, the property enjoys excellent visibility along Center Street with approximately 9,500 vehicles passing daily and convenient access to downtown Warsaw.
    15 days
    478
    14

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Scott Gingerich 574-306-7377,

    The Gingerich Group

    Source: IRMLS,MLS#: 202640446MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 3
      • Full bathrooms: 2
      • 1/2 bathrooms: 1
      Heating
      • Forced Air
      Cooling
      • Central Air
      Features
      • Ceiling Fan(s)
      • Flooring: Carpet, Vinyl
      • Basement: Partial
      Interior area
      • Total structure area: 2,336
      • Total interior livable area: 2,166 sqft
      • Finished area above ground: 2,166
      • Finished area below ground: 0
      Video & virtual tour

      Property

      Parking
      • Total spaces: 9
      • Parking features: Off Street Parking, Asphalt
      • Has uncovered spaces: Yes
      Features
      • Levels: One and One Half
      • Stories: 2
      Lot
      • Size: 8,712 Square Feet
      • Dimensions: 132X66
      • Features: Level
      Details
      • Additional structures: None
      • Parcel number: 431109300750.000032

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Duplex
      Materials
      • Metal Siding
      Condition
      • New construction: No
      • Year built: 1910

      Utilities & green energy

      • Electric: NIPSCO
      • Gas: NIPSCO
      • Sewer: City
      • Water: City

      Community & HOA

      Community
      • Subdivision: None
      Location
      • Region: Warsaw

      Financial & listing details

      • Tax assessed value: $155,800
      • Annual tax amount: $3,670
      • Date on market: 9/30/2026
      • Listing terms: Cash,Conventional
      • Inclusions: Building, Land, Lease
      • Lease term: Month To Month
      • Total actual rent: 27000
      • Tenant pays: Cable TV

        Estimated market value

        $225,600

        $214,000 - $237,000

        $1,510/mo

        Price history

        DateEventPrice
        9/30/2026Listed for sale$230,000+119%
        Source: IRMLS #202640446 Report a problem
        6/7/2024Listing removed--
        Source: Zillow Rentals Report a problem
        6/6/2024Listed for rent$950
        Source: Zillow Rentals Report a problem
        5/29/2024Listing removed--
        Source: Zillow Rentals Report a problem
        5/4/2024Listed for rent$950
        Source: Zillow Rentals Report a problem
        11/30/2023Sold$105,000-12.5%
        Source: IRMLS #202314821 Report a problem
        10/5/2023Pending sale$120,000
        Source: IRMLS #202314821 Report a problem
        8/16/2023Price change$120,000-14.3%
        Source: IRMLS #202314821 Report a problem
        7/26/2023Pending sale$140,000
        Source: IRMLS #202314821 Report a problem
        6/12/2023Price change$140,000-6.7%
        Source: IRMLS #202314821 Report a problem
        5/9/2023Listed for sale$150,000+13%
        Source: IRMLS #202314821 Report a problem
        8/31/2015Listing removed$132,800$61/sqft
        Source: Coldwell Banker Roth Wehrly Graber #201451982 Report a problem
        7/27/2015Price change$132,800-10.7%$61/sqft
        Source: Coldwell Banker Roth Wehrly Graber #201451982 Report a problem
        2/6/2015Price change$148,700-12%$69/sqft
        Source: Coldwell Banker Roth Wehrly Graber #9002318 Report a problem
        2/3/2015Price change$169,000+13.7%$78/sqft
        Source: Coldwell Banker Roth Wehrly Graber #9002318 Report a problem
        12/8/2014Listed for sale$148,700-6.5%$69/sqft
        Source: Coldwell Banker Roth Wehrly Graber #201451982 Report a problem
        2/20/2013Listing removed$159,000$73/sqft
        Source: Coldwell Banker Roth Wehrly Graber #9002318 Report a problem
        9/30/2012Listed for sale$159,000-11.2%$73/sqft
        Source: Coldwell Banker Roth Wehrly Graber #9000430 Report a problem
        4/12/2012Listing removed$179,000$83/sqft
        Source: Coldwell Banker Roth Wehrly Graber #9000430 Report a problem
        1/31/2012Listed for sale$179,000$83/sqft
        Source: Coldwell Banker Roth Wehrly Graber #9000430 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,837 -23%$155,800 +29.5%
        2024$3,685 +0.9%$120,300 -22.5%
        2023$3,654 +1.3%$155,300
        2022$3,605 -0.5%$155,300 +3.4%
        2021$3,625 +2.5%$150,200 -1.2%
        2020$3,538 -19.4%$152,100 +1.3%
        2019$4,390 -19.2%$150,100 +0.7%
        2018$5,430 -2.7%$149,100 +0.9%
        2017$5,579 +52.7%$147,700 +1.8%
        2016$3,653 +5.4%$145,100 -2.5%
        2014$3,464 +2.1%$148,800 +1.9%
        2013$3,394 +0.5%$146,000 +0.9%
        2012$3,379 +6.7%$144,700 -14.8%
        2007$3,168 $169,800 +0.8%
        2006-- $168,400 +81.5%
        2005-- $92,800
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 46580

        Getting around

        70 / 100
        Somewhat Walkable
        52 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Jefferson
        • Middle: Lakeview
        • High: Warsaw
        • District: Warsaw Community

        Source: IRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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