1511 E Sheridan Street
Warsaw, IN 46580
- 4 beds
- 2 baths
- – sqft
- ~1/2 acre lot
- – on site
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!
Last checked:
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Last updated Mar 28, 2025
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MLS# 202510352 —
The Building
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Year Built:1925
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New Construction:No
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Style:Two Story
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Roof Material:Dimensional Shingles
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Exterior:Aluminum
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Amenities:Cable Ready, Ceiling Fan(s), Countertops-Laminate, Detector-Smoke, Disposal, Dryer Hook Up Gas/Elec, Garage Door Opener, Landscaped, Porch Enclosed
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Basement:Yes
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Basement/Foundation:Crawl, Partial Basement, Partially Finished
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Total SqFt:2713
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Total Finished SqFt:1993
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Above Grade Finished SqFt:1824
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Below Grade Finished SqFt:169
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Total Below Grade SqFt:889
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Below Grade Unfinished SqFt:720
Interior
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Kitchen Level:Main
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Breakfast Room Level:Main
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Living/Great Room Level:Main
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Laundry Level:Basement
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Den Level:Lower
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Flooring:Carpet, Tile, Vinyl
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Fireplace:None
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Fireplace:No
Room Dimensions
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Kitchen Length:12
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Kitchen Width:9
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Breakfast Room Length:15
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Breakfast Room Width:10
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Living/Great Room Width:11
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Living/Great Room Length:12
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Den Length:13
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Den Width:13
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1st Bedroom Length:13
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1st Bedroom Width:12
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2nd Bedroom Length:10
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2nd Bedroom Width:9
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3rd Bedroom Width:10
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3rd Bedroom Length:12
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4th Bedroom Length:11
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4th Bedroom Width:10
Location
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Directions to Property:E Center St to Sherman St. Turn left (North), then when you get to Sheridan St, turn right. Home is second property on the left
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Inside City Limits:Yes
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Cross Street:N Grant Street
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Latitude:41.242003
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Longitude:-85.836278
The Property
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Parcel# ID:43-11-09-400-843.000-032
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Property Subtype:Site-Built Home
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Location:City/Town/Suburb
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Lot Dimensions:95x230
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Lot Description:Level, 0-2.9999
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Approx Lot Size SqFt:20908
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Approx Lot Size Acres:0.48
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City Zoning:R1
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Driveway:Asphalt
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Waterfront:No
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Water Features:None
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Water Type:None
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Water Access:None
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Road Access:City
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Road Surface:Asphalt
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Annual Taxes:2724.15
Beds
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Total # Bedrooms:4
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1st Bedroom Level:Main
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2nd Bedroom Level:Main
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3rd Bedroom Level:Upper
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4th Bdrm Level:Upper
Baths
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Total Baths:2
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Total Full Baths:2
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# of Full Baths Main:1
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# of Full Baths Upper:1
The Listing
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Unbranded Virtual Tour:https://www.propertypanorama.com/instaview/irmls/202510352
Heating & Cooling
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Heating Fuel:Gas, Forced Air
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Cooling:Central Air
Utilities
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Water Utility:Well
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Well Type:Private
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Sewer:City
Schools
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Elementary:Lincoln
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Middle School:Lakeview
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High School:Warsaw
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School District:Warsaw Community
The Community
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Subdivision:None
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Common Amenities:Sidewalks
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Pool:No
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Association Restrictions:No
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Association Dues Frequency:Not Applicable
Parking
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Garage:Yes
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Garage Type:Attached
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Garage Length:26
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Garage SqFt:780
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Garage Width:30
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Garage/# of Cars:2.5
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Off Street Parking:Yes
Monthly cost estimate

Asking price
$215,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$1,151
|
Taxes | $1,742 |
Insurance | $59 |
Utilities | N/A |
Total | $2,952/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
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3/28/25
Mar 28, 2025
|
Listed / Active | IRMLS | $215,000 | 7.6% (2.9% / YR) |
9/1/22
Sep 1, 2022
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IRMLS | $199,900 |