Investor's Opportunity! Now offering a triplex with in-town conveniences so tenants have quick access to downtown shopping, restaurants, Center Park, and events. This building offers a spacious one bedroom apartment with a full basement for storage and 2-two bedroom apartments. Each unit is separately metered so tenants pay their own electric, gas, and water. Owner pays for lawn care, sewer and trash. There is also a two car garage that could be rented to the tenants for additional income or used as a centrally located storage place for the Warsaw-based investor. Unit 206 was leased at $775/month but is now intentionally vacant so the new owner can place their own tenant. Recent updates include: flooring throughout (2020), 206: cabinetry & countertops (2020) water heater (2022), 208: oven (2021). Unit 204 is large enough to convert to a two bedroom pass through unit. With professional management in place, this turnkey rental is ready for you to grow your portfolio.
Closed
$195,000
204 N Fort Wayne Ave, Warsaw, IN 46580
5beds
3,246sqft
Triplex
Built in 1880
-- sqft lot
$224,400 Zestimate®
$--/sqft
$1,013 Estimated rent
Home value
$224,400
$206,000 - $245,000
$1,013/mo
Zestimate® history
Owner options
List your home for rent
$1,013/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$1,013/mo
Rent Zestimate®
Refinance and save
$1,215/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$1,215/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
James Bausch Cell:574-742-4531,
RE/MAX Results
Bought with:
Geoff Cavender, RB17002203
eXp Realty, LLC
Source: IRMLS,MLS#: 202335195
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Natural Gas, Forced Air
Cooling
- Window Unit(s)
Appliances
- Laundry: Washer Hookup
Features
- Ceiling Fan(s), Storage
- Flooring: Carpet, Laminate
- Basement: Full,Unfinished
Interior area
- Total structure area: 4,418
- Total interior livable area: 3,246 sqft
- Finished area above ground: 3,246
- Finished area below ground: 0
Property
Parking
- Total spaces: 4
- Parking features: Off Street, Off Street Parking
- Covered spaces: 2
Features
- Levels: One and One Half
- Stories: 1.5
- Patio & porch: Porch Covered
Lot
- Size: 1,742 Square Feet
- Dimensions: 27X62
- Features: Corner Lot, 0-2.9999, City/Town/Suburb
Details
- Additional structures: None
- Parcel number: 431108200857.000032
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
Materials
- Vinyl Siding
- Foundation: Basement
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1880
Utilities & green energy
- Electric: NIPSCO
- Gas: NIPSCO
- Sewer: City
- Water: City, Indiana American Water Co
Community & HOA
Community
- Subdivision: Lansdales
Location
- Region: Warsaw
Financial & listing details
- Tax assessed value: $209,500
- Annual tax amount: $3,023
- Date on market: 2/24/2024
- Listing terms: Cash,Conventional
- Inclusions: Building, Land, Lease
- Lease term: 12 Months
- Total actual rent: 27300
- Tenant pays: Electricity, Heating, Water
Price history
| Date | Event | Price |
|---|---|---|
| 2/21/2024 | Sold | $195,000 |
Source:  IRMLS #202335195 Report a problem | ||
| 2/19/2024 | Pending sale | $195,000 |
Source: IRMLS #202335195 Report a problem | ||
| 12/6/2023 | Price change | $195,000-6.7% |
Source: IRMLS #202335195 Report a problem | ||
| 11/9/2023 | Price change | $209,000-4.6% |
Source: IRMLS #202335195 Report a problem | ||
| 10/5/2023 | Price change | $219,000-4.4% |
Source: IRMLS #202335195 Report a problem | ||
| 9/26/2023 | Listed for sale | $229,000+54.2% |
Source: IRMLS #202335195 Report a problem | ||
| 1/8/2020 | Sold | $148,500+121.6%$46/sqft |
Source: Agent Provided Report a problem | ||
| 12/28/1999 | Sold | $67,000$21/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,998 -10.8% | $209,500 +3.6% |
| 2024 | $3,360 +11.2% | $202,200 +25% |
| 2023 | $3,023 +19.2% | $161,800 +11.2% |
| 2022 | $2,537 +0.6% | $145,500 +19.8% |
| 2021 | $2,521 +12.1% | $121,500 +0.8% |
| 2020 | $2,248 +6% | $120,500 +12.3% |
| 2019 | $2,121 +3.4% | $107,300 +6.2% |
| 2018 | $2,050 +3.7% | $101,000 +3.7% |
| 2017 | $1,976 +4.2% | $97,400 +3.8% |
| 2016 | $1,896 +4.1% | $93,800 +3% |
| 2014 | $1,822 -1.8% | $91,100 -1.8% |
| 2013 | $1,856 -3.8% | $92,800 -3.8% |
| 2012 | $1,930 -5.9% | $96,500 -5.9% |
| 2011 | $2,052 -1.6% | $102,600 -1.6% |
| 2010 | $2,086 -2.9% | $104,300 -2.9% |
| 2009 | $2,148 +18.6% | $107,400 +10.6% |
| 2007 | $1,812 | $97,100 |
| 2006 | -- | $97,100 -3.5% |
| 2005 | -- | $100,600 |
Find assessor info on the county website
Neighborhood: 46580
Nearby homes
- $129,9002 bd1 ba1k sqft515 E Main St, Warsaw, IN 46580Off Market
- $183,7004 bd2 ba1.6k sqft214 N Fort Wayne Ave, Warsaw, IN 46580Off Market
- $132,5001 bd1 ba666 sqft518 E Main St, Warsaw, IN 46580Off Market
- $124,2003 bd1 ba1.2k sqft203 N Fort Wayne Ave, Warsaw, IN 46580Off Market
- $117,5004 bd1 ba1.5k sqft124 N Hickory St, Warsaw, IN 46580Off Market
- $122,8003 bd1 ba1.5k sqft120 N Hickory St, Warsaw, IN 46580Off Market
- $174,9004 bd1 ba1.4k sqft215 N Fort Wayne Ave, Warsaw, IN 46580Sold
- $175,6004 bd1 ba1.6k sqft222 N Fort Wayne Ave, Warsaw, IN 46580Off Market
Nearby schools
GreatSchools rating
- 6/10Lincoln Elementary SchoolGrades: K-6Distance: 1 mi
- 8/10Lakeview Middle SchoolGrades: 7-8Distance: 0.5 mi
- 9/10Warsaw Community High SchoolGrades: 9-12Distance: 1.3 mi
Schools provided by the listing agent
- Elementary: Lincoln
- 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.
Get pre-qualified for a loan
At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.An equal housing lender. NMLS #10287.
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$224,400
2% more
+$4,488
With Zillow Showcase(estimated)
$228,888
- Indiana
- Kosciusko County
- Warsaw
- 46580
- 204 N Fort Wayne Ave
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Warsaw Topics
