$299,000

504 Ross Ave Warsaw, IN 46580

$3,551
Closing credit¹
0.3 acres
Multi-Family

Property details

About 504 Ross Ave

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*

Highlights

Home typeDuplex
HeatingNatural Gas, Forced Air
StatusActive
CoolingCentral Air
Lot size0.32 Acres
Year built1989
MLS #202500558

Virtual tour

Summary

  • MLS Number: 202500558
  • Office Name: RE/MAX Results- Warsaw
  • Office Phone: (574) 253-7400
  • Listing Agent: Berto Barrera

IDX The data on this website relating to real estate for sale comes in part from the Internet Data Exchange (IDX) program of the Indiana Regional MLS (IRMLS). IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. ©2011-2025 Indiana Regional MLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/14/2025, 9:20:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

back of house with a lawn

$299,000

504 Ross Ave

$3,551

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Jun 01, 2023
Home Sold
$305,000
Apr 27, 2022
Home Sold
$205,000
May 08, 2017
Home Sold
$95,000

Tax history

YearAssessmentProperty Tax
2023$252,000$2,823
2021$192,100$4,229
2020$176,400$3,572
2019$170,200$3,346
2017$154,400$3,253

History based on county public records data.

Nearby schools

5

Lincoln Elementary School

Public District KG-6

1.3 mi

203 N Lincoln St

5

Harrison Elementary School

Public District KG-6

1.5 mi

1300 Husky Trl

6

Madison Elementary School

Public District KG-6

1.9 mi

1436 W 300 N

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $41,038. Most Warsaw, IN residents have annual incomes less than $<35k. The majority of families are single, no kids. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

44%
<35k
41%
35k-100k
11%
100k-200k
4%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

49%
Single, No Kids
14%
Single, with Kids
24%
Married, No Kids
13%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

17%
<11 yrs old
6%
12-17 yrs old
25%
18-34 yrs old
32%
35-64 yrs old
20%
65+ yrs old

What do the neighbors do for fun?

  • Pro WrestlingPro Wrestling
  • Figure SkatingFigure Skating
  • NASCARNASCAR

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • KmartKmart
  • Wal-MartWal-Mart

Where do the neighbors go to eat?

  • Dominos PizzaDominos Pizza
  • Bob EvansBob Evans
  • SonicSonic

What do the neighbors drive?

  • FordFord
  • BuickBuick
  • OldsmobileOldsmobile

What do the neighbors listen to?

  • New CountryNew Country
  • OldiesOldies
  • Contemporary InspirationalContemporary Inspirational
All data provided by Home Junction and Claritas

This home is located at 504 Ross Ave in Warsaw, IN and zip code 46580. This home, which was built in 1989, sits on a 0.32 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since January 7, 2025 and is currently priced at $299,000.

In February 2025 more than 8 listings in Warsaw, IN were sold above the asking price. During the same period more than 4 listings were sold at asking price, while more than 21 were sold below. The number of listings in Warsaw, IN increased by 3.7% between January and February 2025.

From Rocket Homes Real Estate and based on county public records data.

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