Waiting on your next home that INCLUDES an investment opportunity on almost a half acre in Warsaw?! Updated duplex with lots to offer—makes an ideal double income rental property or perhaps you want to live in one & rent out the other—no matter how you divide it up, this is a great opportunity to live, develop, or grow your investment portfolio! Located not far from downtown Warsaw on a generous half acre lot, this 4 bedroom, 2.5 bath home (2 bedrooms & 1 bath on each floor, half bath in the garage)has all new paint & flooring, new AC in 2021 & is completely move in ready! It also has a unique bonus situation going on with the heated 24x36 attached garage which has a half bath, a small kitchenette (minor plumbing maintenance needed to make it function), & partially finished basement with bonus room (has wood panel walls, closet & small windows) & lots of potential! Oversized 2 car garage has built-in storage plus gas range & cabinets in corner. On the front exterior a wooden ramp leads up to spacious enclosed porch with carpeting & wrap around views. Main floor apartment has large front living area with a cozy kitchen off. Kitchen has plenty of cabinets, 2 entry points & pantry. Comfortably sized bedrooms with sliding closet doors & tub/shower bath with linen closet. Accessed via its own side entrance, the upstairs is very similar except for a slightly smaller, carpeted living room with closet. Good sized bedrooms & tub/shower bath with white tile walls. There’s also a little cement patio behind the garage—the yard backs up to an open, almost empty fenced area of the cemetery making it feel more private & of course, very peaceful & quiet. Home has a high efficiency Lennox furnace & a brand new water softener in addition to a 6” well (so no water bills!) Conveniently close to nearby amenities including walking distance to Pike Lake campground & public beach as well as the Beyer Farm Trail wonderful for strolling in nature! This is truly a special real estate opportunity—don’t let it slip away!
Active
$215,000
1511 E Sheridan St, Warsaw, IN 46580
4beds
1,993sqft
Est.:
Single Family Residence
Built in 1925
0.48 Acres Lot
$211,500 Zestimate®
$--/sqft
$-- HOA
What's special
Partially finished basementHigh efficiency lennox furnaceSpacious enclosed porchBonus roomGenerous half acre lotComfortably sized bedroomsCozy kitchen
- 28 days
- on Zillow |
- 2,296 |
- 156 |
Likely to sell faster than
Zillow last checked: 7 hours ago
Listing updated: March 28, 2025 at 03:20pm
Listed by:
Lauren South lsouth@kw.com,
Keller Williams Realty Group
Source: IRMLS,MLS#: 202510352

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
- Main level bedrooms: 2
Bedroom 1
- Level: Main
Bedroom 2
- Level: Main
Kitchen
- Level: Main
- Area: 108
- Dimensions: 12 x 9
Living room
- Level: Main
- Area: 132
- Dimensions: 12 x 11
Office
- Level: Lower
- Area: 169
- Dimensions: 13 x 13
Heating
- Natural Gas, Forced Air
Cooling
- Central Air
Appliances
- Included: Disposal, Microwave, Refrigerator, Gas Range
- Laundry: Dryer Hook Up Gas/Elec
Features
- Ceiling Fan(s), Laminate Counters
- Flooring: Carpet, Tile, Vinyl
- Basement: Crawl Space,Partial,Partially Finished,Block
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 2,713
- Total interior livable area: 1,993 sqft
- Finished area above ground: 1,824
- Finished area below ground: 169
Video & virtual tour
Property
Parking
- Total spaces: 2.5
- Parking features: Attached, Garage Door Opener, Asphalt
- Attached garage spaces: 2.5
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Enclosed
- Waterfront features: None
Lot
- Size: 0.48 Acres
- Dimensions: 95x230
- Features: Level, 0-2.9999, City/Town/Suburb, Landscaped
Details
- Additional structures: None
- Parcel number: 431109400843.000032
- Zoning: R1
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Aluminum Siding
- Roof: Dimensional Shingles
Condition
- New construction: No
- Year built: 1925
Utilities & green energy
- Electric: NIPSCO
- Gas: NIPSCO
- Sewer: City
- Water: Well
- Utilities for property: Cable Connected
Community & HOA
Community
- Features: Sidewalks
- Security: Smoke Detector(s)
- Subdivision: None
Location
- Region: Warsaw
Financial & listing details
- Tax assessed value: $215,100
- Annual tax amount: $2,724
- Date on market: 3/28/2025
- Listing terms: Cash,Conventional
- Road surface type: Asphalt
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