Motivated seller! Two units. Get ready to make passive income! This fantastic investment opportunity right across from Pike Lake and just minutes from downtown Warsaw! This spacious duplex has been recently updated and offers plenty of potential. Unit A features 3 bedrooms, 1.5 bathrooms, a cozy sunroom, plus a newer furnace and AC system for added comfort. Unit B boasts 4 bedrooms, 2 full bathrooms, 2 half baths, and a dedicated office space — perfect for work-from-home tenants. Each unit provides approximately 2,000 sq. ft. of living space, ensuring ample room for tenants to enjoy. Tenants are responsible for their own electricity and gas, while the owner covers sewer and trash services, currently at $116/month. Previous rental income: Unit A: $1,425/month| Unit B: $1,525/month. Don’t miss out on this incredible opportunity! Schedule your showing today! *Only one unit is currently pictured*
Closed
$270,000
504 Ross Ave, Warsaw, IN 46580
7beds
4,006sqft
Duplex
Built in 1989
-- sqft lot
$279,900 Zestimate®
$--/sqft
$1,582 Estimated rent
Home value
$279,900
$216,000 - $367,000
$1,582/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: April 17, 2025 at 12:47pm
Listed by:
Berto Barrera Cell:574-253-7400,
RE/MAX Results
Bought with:
Teddy Shepherd, RB24001829
Coldwell Banker Real Estate Group
Source: IRMLS,MLS#: 202500558
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 6
- Full bathrooms: 3
- 1/2 bathrooms: 3
Heating
- Natural Gas, Forced Air
Cooling
- Central Air
Appliances
- Included: Gas Water Heater
Features
- Ceiling Fan(s), Laminate Counters
- Flooring: Carpet, Vinyl
- Basement: None
Interior area
- Total structure area: 4,006
- Total interior livable area: 4,006 sqft
- Finished area above ground: 4,006
- Finished area below ground: 0
Property
Parking
- Total spaces: 4
Features
- Stories: 2
- Patio & porch: Enclosed
Lot
- Size: 0.32 Acres
- Dimensions: 111x125
- Features: Cul-De-Sac, Flood Plain
Details
- Additional structures: None
- Parcel number: 431105200257.000032
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Shingle Siding, Vinyl Siding
Condition
- New construction: No
- Year built: 1989
Utilities & green energy
- Sewer: City
- Water: Well
Community & neighborhood
Location
- Region: Warsaw
- Subdivision: Devanathan
HOA & financial
Other financial information
- Total actual rent: 35400
Price history
| Date | Event | Price |
|---|---|---|
| 4/15/2025 | Sold | $270,000-6.6% |
Source:  IRMLS #202500558 Report a problem | ||
| 3/26/2025 | Pending sale | $289,000 |
Source: IRMLS #202500558 Report a problem | ||
| 3/18/2025 | Price change | $289,000-3.3% |
Source: IRMLS #202500558 Report a problem | ||
| 2/11/2025 | Price change | $299,000-3.2% |
Source: IRMLS #202500558 Report a problem | ||
| 2/3/2025 | Price change | $309,000-3.1% |
Source: IRMLS #202500558 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $5,243 +12.2% | $302,100 +19.9% |
| 2023 | $4,675 +16.2% | $252,000 +12.2% |
| 2022 | $4,021 +8.8% | $224,500 +16.9% |
Find assessor info on the county website
Neighborhood: 46580
Nearby schools
GreatSchools rating
- 6/10Lincoln Elementary SchoolGrades: K-6Distance: 1.4 mi
- 8/10Lakeview Middle SchoolGrades: 7-8Distance: 1.4 mi
- 9/10Warsaw Community High SchoolGrades: 9-12Distance: 2.2 mi
Schools provided by the listing agent
- Elementary: Harrison
- 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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