1511 E Sheridan Street, Warsaw, IN 46580
Local realty services provided by:Better Homes and Gardens Real Estate Connections
Listed by:lauren southlsouth@kw.com
Office:keller williams realty group
MLS#:202510352
Source:Indiana Regional MLS
Price summary
- Price:$212,500
- Price per sq. ft.:$78.33
About this home
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!
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Home facts
- Year built:1925
- Listing ID #:202510352
- Added:180 day(s) ago
- Updated:September 24, 2025 at 07:23 AM
Rooms and interior
- Bedrooms:4
- Total bathrooms:2
- Full bathrooms:2
- Living area:1,993 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Forced Air, Gas
Structure and exterior
- Roof:Dimensional Shingles
- Year built:1925
- Building area:1,993 sq. ft.
- Lot area:0.48 Acres
Schools
- High school:Warsaw
- Middle school:Lakeview
- Elementary school:Lincoln
Utilities
- Water:Well
- Sewer:City
Finances and disclosures
- Price:$212,500
- Price per sq. ft.:$78.33
- Tax amount:$2,724
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