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501 Pope Street

501 Pope Street, Warsaw, IN 46580
Commercial in Wayne
501 Pope Street has been categorized by the local assessors in Warsaw, IN as a industrial type of property. The building on the property was first built in 1966 and is 58 years old. This is a single story building so stairs are not necessary to access other parts of the home. The area measurement of the land has been determined as 27,443 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. We know that this is 4 code building. This code stands for "buildings that have wood or wood and steel frames.". Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of D by the local assessor. In terms of heating, the home is utilizing gas. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. The property was last sold in Sep 10, 2020 for $157,000. That's $18.85 per sqft. 501 Pope Street was last assessed in 2023. The total value of the property was assessed at $105,600. Specifically, the land the property is located on was valued at $43,000. While improvements on the property were assessed at a total of $62,600. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $2,605. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Aluminum Siding
Metal Exterior
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20200324
03/24/2020
Loft
1 Bath
-
$195,000
bedrooms
Loft
bathrooms
1 Bath
$400,000 +105.13%
09/21/2020
-
Steve Savage

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • Building Count: 2
  • Bedroom Count: 0
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Wood
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 27,443
  • Lot Size Frontage Feet: 0
  • Total Building Area: 8,328
  • Gross Building Area: 8,328
  • Building Area: 8,328
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Building Type: Wood &/or steel frames
  • Property Class: Industrial
  • Subdivision: CHAPMANS ADDITION
  • Land Acres: 0.63
  • Standard Land Use Code: Manufacturing (light)
  • Legal Description 1: 4-77-93 LOTS 4, 5, 6, 7, & 8 CHAPMANS ADD

Ownership

  • Current Owner : OUSLEY HOLDINGS LLC
  • Previous Owner : FANCIL JERRY L
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Warsaw Community Schools
  • Census Tract: 961900

Zoning

  • Zoning: C-2 G

Geography

  • Assessors Map Reference: MP 004-077-093
  • Account Number: 004-702021-80
  • District: 0017
  • Section: Jan 01, 1970
  • Parcel: 43-11-17-100-007.000-032
  • Lot: 4-7
  • Meridian: SEC 17 TWN 32 RNG 6
  • Municipality: WAYNE TOWNSHIP
  • Latitude: 41.234
  • Longitude: -85.8512

    Address

  • Full Address: 501 Pope St
  • Address - House Number: 501
  • Address - Street Name: Pope
  • Address - Suffix Type: St
  • State: IN
  • City Name: Warsaw
  • Carrier Code: C016
  • 4-Digit Zip Code: 4454
  • Zip Code: 46580

Valuation

    Tax

  • Total Area: 8,328
  • Tax Year: 2023
  • Tax Amount: $2,605
  • Tax Rate Code Area: 32:WARSAW-

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $320,000
  • First Open Lien Mortgage Lender: 1ST SOURCE BANK
  • First Open Lien Mortgage Recording Date: Sep 21, 2020
  • First Open Lien Mortgage Loan Amount: $320,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 21, 2050

    Market Valuation

  • Market Total Value: $105,600
  • Market Land Value: $43,000
  • Market Improvement Value: $62,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $105,600
  • Assessed Land Value: $43,000
  • Assessed Improvements Value: $62,600

    Sales

  • Current Sale Contract Date: Sep 10, 2020
  • Current Sale Recording Date: Sep 21, 2020
  • Current Sale Transaction ID: 11790485372
  • Current Sale Price: $157,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020090999

    Last Sale Mortgage

  • First Mortgage Lender: 1ST SOURCE BANK
  • First Mortgage Transaction Date: Sep 21, 2020
  • First Mortgage Loan Amount: $320,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

About Warsaw



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 501 Pope Street located in?
The 501 Pope Street is a commercial located in the neighborhood of Wayne in Warsaw, Warsaw.
What is the average sales price for listings in 501 Pope Street?
The average sales price for units in 501 Pope Street is $195,000 currently.

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