Updated Triplex while keeping the "Yesteryear" charm in a convenient location with a detached garage. Units A & B have newer hi-efficiency GFA furnaces & central A/C; Unit C has a new PTAC unit for heat & A/C. Units A & B have a full set of appliances including washers & dryers. Many recent improvements have been made, this is a well maintained investment property. Current owners allow use of the detached garage to units A & B. Owners pay for sewer, trash, water & hot water. All units are vacant for new owners to select their new tenants. Rent amounts stated are for the most recent tenants. 3 electric and 3 gas meters are labeled A, B, C. Meters labeled A & B are billed to the tenants of each respective unit. Meters labeled C are billed to the owner for electric to common areas and gas to water heater.
Closed
$227,000
221 N Fort Wayne Ave, Warsaw, IN 46580
5beds
2,710sqft
Triplex
Built in 1920
-- sqft lot
$236,200 Zestimate®
$--/sqft
$1,113 Estimated rent
Home value
$236,200
$203,000 - $274,000
$1,113/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Steve Savage Cell:574-253-1313,
RE/MAX Results
Bought with:
Elizabeth Smith, RB25001279
eXp Realty, LLC
Source: IRMLS,MLS#: 202538033
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Heating
- Natural Gas, Forced Air, Other, High Efficiency Furnace, Fireplace(s)
Cooling
- Central Air, Other, Ceiling Fan(s)
Appliances
- Included: Tankless Water Heater
- Laundry: Sink
Features
- Ceiling Fan(s), Bookcases, Laminate Counters, Entrance Foyer
- Flooring: Carpet, Wood, Vinyl
- Doors: Pocket Doors
- Basement: Full,Unfinished
- Has fireplace: Yes
Interior area
- Total structure area: 4,118
- Total interior livable area: 2,710 sqft
- Finished area above ground: 2,710
- Finished area below ground: 0
Property
Parking
- Total spaces: 6
- Parking features: Detached, Garage, Off Street, On Street, Off Street Parking, Garage Door Opener, Gravel
- Garage spaces: 2
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck, Enclosed
Lot
- Size: 1.44 Acres
- Dimensions: 131' x 48'
- Features: Other, City/Town/Suburb
Details
- Additional structures: Outbuilding
- Parcel number: 431108200718.000032
- Zoning: R2
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Victorian
- Property subtype: Triplex
Materials
- Asbestos
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1920
Utilities & green energy
- Electric: NIPSCO
- Gas: NIPSCO
- Sewer: City
- Water: City, Indiana American Water Co
- Utilities for property: Cable Available
Green energy
- Energy efficient items: HVAC, Water Heater
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: None
Location
- Region: Warsaw
Financial & listing details
- Tax assessed value: $180,200
- Annual tax amount: $3,676
- Date on market: 9/19/2025
- Listing terms: Cash,Conventional
- Inclusions: Building, Lease
- Lease term: Month To Month
- Total actual rent: 26760
- Tenant pays: Electricity, Fuel
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 11/26/2025 | Sold | $227,000-0.9% |
Source:  IRMLS #202538033 Report a problem | ||
| 9/19/2025 | Listed for sale | $229,000+231.9% |
Source: IRMLS #202538033 Report a problem | ||
| 5/29/1996 | Sold | $69,000$25/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,362 +18.7% | $180,200 -14.6% |
| 2024 | $3,676 +11.5% | $211,100 +19.3% |
| 2023 | $3,296 +17.8% | $177,000 +11.7% |
| 2022 | $2,797 +7.8% | $158,500 +18.5% |
| 2021 | $2,594 +6.5% | $133,800 +7.9% |
| 2020 | $2,435 +6.2% | $124,000 +6.7% |
| 2019 | $2,293 -32.7% | $116,200 +6.4% |
| 2018 | $3,406 +58.9% | $109,200 +3.2% |
| 2017 | $2,143 +8.9% | $105,800 +4% |
| 2016 | $1,967 +3.9% | $101,700 +7.4% |
| 2014 | $1,894 -1.6% | $94,700 -1.6% |
| 2013 | $1,924 -4.6% | $96,200 -3.3% |
| 2012 | $2,017 -11% | $99,500 -11.2% |
| 2011 | $2,266 -1.8% | $112,000 -1.8% |
| 2010 | $2,308 -2.9% | $114,100 -2.9% |
| 2009 | $2,377 +15.1% | $117,500 +6.1% |
| 2007 | $2,065 | $110,700 |
| 2006 | -- | $110,700 -7% |
| 2005 | -- | $119,000 |
Find assessor info on the county website
Neighborhood: 46580
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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: 1.4 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.
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- Indiana
- Kosciusko County
- Warsaw
- 46580
- 221 N Fort Wayne Ave
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