NEW 2 HRS AGO

For sale

$179,000

Est. $1,180/mo —

•

2,104

sq ft

2316 S Lake Sharon Rd, Warsaw, IN 46580

About this home

Opportunity awaits with this versatile duplex in a fantastic location between Warsaw and Winona Lake, featuring views of Lake Sharon! Originally built as a single-family home, this one-story property offers flexibility for its next owner. Currently configured as two separate units, each featuring 2 bedrooms and 1 full bathroom, the property provides an opportunity to generate rental income or convert back into a single-family residence. Both units are currently occupied by long-term tenants on month-to-month leases, offering immediate income with flexibility for future plans. With both units currently rented below market rates, there is potential to increase rental income and improve the property's overall return. Whether you're an investor looking to expand your portfolio or a buyer interested in creating a single-family home or a way to have a lower mortgage payment, this property offers plenty of possibilities. Conveniently located within 4 miles of the Village at Winona, Grace College, and the Winona Heritage trails, with the added bonus of peaceful water views of Lake Sharon, you don't miss this opportunity!

Multi-familyProperty Type

1967Year Built

0.51 acresLot Size

$85Price/Sq.Ft.

4 spacesParking

Listed by Savannah Beer • Patton Hall Real Estate

Listed by Austin Beer • Patton Hall Real Estate

Contact: Cell: 219-682-8348

Listing updated: Nov 5, 2026 at 03:38pm

Redfin checked: a minute ago

•Source:IRMLS #202645709

Payment calculator

$1,180 per month

Principal and interest$965

Property taxes

$146

HOA dues

Home insurance

$69

Utilities

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Open houses

No upcoming open houses.

Nearby open houses (10)

OPEN SAT, 1PM TO 3PM
$409,900
3 beds2 baths1,845 sq ft
939 E Dresdin Dr, Warsaw, IN 46580
0.42 acre lot • 3 garage spots • Built 2026
OPEN SAT, 1PM TO 4PM3D & VIDEO TOUR
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5 beds3 baths2,600 sq ft
1280 Greensburg Dr, Warsaw, IN 46582
0.27 acre lot • 3 garage spots • Built 2026
OPEN SUN, 1PM TO 3PM
$489,395
3 beds2 baths2,548 sq ft
2231 Bandit Cv, Winona Lake, IN 46590
$142 HOA • 3 garage spots • Built 2026
OPEN SUN, 1PM TO 2PM
$208,700
3 beds2 baths1,940 sq ft
309 E Broad St, South Whitley, IN 46787
5,916 sq ft lot • 2 garage spots • Built 1902
OPEN SUN, 1PM TO 2PM
Unknown
3 beds2 baths1,475 sq ft
201 Chickadee Ln, Warsaw, IN 46580
0.54 acre lot • 3 garage spots • Built 2013
OPEN SUN, 1PM TO 4PM
$359,900
4 beds2.5 baths1,643 sq ft
130 Longrifle Rd, Warsaw, IN 46580
0.27 acre lot • 3 garage spots • Built 2024
OPEN SUN, 2PM TO 4PM
$259,000
3 beds2 baths1,586 sq ft
1124 E Main St, Warsaw, IN 46580
7,953 sq ft lot • 2 garage spots • Built 1886
OPEN NOV 17, 5:30PM TO 6PM
Unknown
3 beds2 baths2,213 sq ft
10670 S 100 Rd W, Silver Lake, IN 46982
3.09 acre lot • Garage • Built 1920
OPEN NOV 21, 10AM TO 12PM
$159,900
4 beds3.5 baths3,188 sq ft
936 E Main St, Warsaw, IN 46580
0.29 acre lot • 2 garage spots • Built 1930
OPEN NOV 21, 1PM TO 3PM
$135,000
3 beds1 bath1,014 sq ft
404 Aspen Ct, Warsaw, IN 46580
0.3 acre lot • Garage • Built 1991

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Around this home

Schools

K - 12
Preschool & daycare

Eisenhower Elementary School

Public K-6 • Assigned • 3.0mi

8/10

Edgewood Middle School

Public 7-8 • Assigned • 4.2mi

7/10

Warsaw Community High School

Public 9-12 • Assigned • 4.1mi

9/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Property details

Interior
Exterior
Finance

Kitchen

Bathroom

Bedroom

Living

Dining

Bathrooms
2 full bathrooms
4 main-level bathrooms

Kitchen
Range, refrigerator

Laundry & utility
Washer, dryer, washer hookup
Crawl-space basement

Flooring
Carpet

Heating & cooling
Forced-air heating
Window-unit cooling

Sale and tax history for 2316 S Lake Sharon Rd

Sale History
Tax History

Year

Property tax

Land + Additions

Assessment*

2024

$1,755 (+4.8%)

$16,700 + $96,700

$113,400

2023

$1,675 (+10.1%)

$16,700 + $91,500

$108,200

2022

$1,521 (+12.3%)

$16,700 + $82,300

$99,000

2021

$1,355 (+2.4%)

$16,700 + $70,800

$87,500

2020

$1,323 (+4.5%)

$15,200 + $69,100

$84,300

2019

$1,267 (−0.9%)

$15,200 + $67,300

$82,500

2018

$1,279

$15,200 + $63,600

$78,800

2017

$1,278 (−6.5%)

$15,200 + $68,500

$83,700

2016

$1,367 (+12.2%)

$14,400 + $68,500

$82,900

2015

$1,218 (+9.4%)

$14,400 + $65,600

$80,000

2013

$1,113

$14,400 + $62,500

$76,900

Public record

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

0.51 Acres

Year renovated

1970

Finished Sq. Ft.

2,104

Unfinished Sq. Ft.

—

Total Sq. Ft.

2,104

Year built

1967

Style

Multi-Family (2-4 Unit)

County

Kosciusko County

APN

431126100065000031

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Oct 13, 2026.

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

3/10 Heat Factor

7 days above 100° expected this year, 16 days in 30 years

2/10 Wind Factor

Minor risk of severe winds over next 30 years

3/10 Air Factor

1 unhealthy days expected this year, 3 days in 30 years

Provided by First Street

Historical weather

Warsaw, IN • 46580

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

99/ 100

Exceptional sunlight

Sunscore

This home ranks in the top 21% for direct sun exposure in Warsaw. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

9 hrs

5.4 hrs

JuneDecember

Provided by Shadowmap

Redfin Estimate for 2316 S Lake Sharon Rd

$178,728

$272 under list price of $179K

Nearby comparable homes

The Redfin Estimate uses 6 recent nearby sales, priced between $135K to $220K.

SOLD SEP 18, 2026
$199,000 Last sold price
3 beds1 bath1,612 sq ft
7037 E 1150 S, South Whitley, IN 46787
$38/sq ft
smaller lot
57 years older
SOLD JUL 31, 2026
$219,900 Last sold price
4 beds2 baths2,058 sq ft
508 S Line St, South Whitley, IN 46787
$22/sq ft
smaller lot
17 years older
SOLD OCT 9, 2026
$135,000 Last sold price
3 beds1 bath1,200 sq ft
201 S Fosler Ave, South Whitley, IN 46787
$28/sq ft
smaller lot
48 years older
SOLD SEP 3, 2026
$165,000 Last sold price
3 beds2 baths1,344 sq ft
4979 E 1500 Rd N, North Manchester, IN 46962
$38/sq ft
larger lot
20 years newer
SOLD SEP 4, 2026
$180,000 Last sold price
2 beds2 baths1,927 sq ft
1105 SR 114 East Rd, North Manchester, IN 46962
$8/sq ft
smaller lot
17 years older
SOLD SEP 25, 2026
$170,000 Last sold price
2 beds1 bath1,016 sq ft
506 S Jackson St, South Whitley, IN 46787
$82/sq ft
smaller lot
25 years older

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Early Access listings

EARLY ACCESSREDFIN COMING SOON

$290,000

4 beds3 baths2,700 sq ft

8124 Grove Berry Way, Indianapolis, IN 46239

Nearby similar homes

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Open work areas • Updated flooring • 8,712 sq ft lot

$225,000

3 beds2 baths1,652 sq ft

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Two separate units • Rental income • Convenient area

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Versatile space • Tall ceilings • Open flexible layout

New listings for sale in 46580

NEW 2 HRS AGO

$179,000

4 beds2 baths2,104 sq ft

2316 S Lake Sharon Rd, Warsaw, IN 46580

Versatile duplex • Views of lake sharon • One-story property

$178,000

2 beds1.5 baths900 sq ft

719 Ellsworth St, Warsaw, IN 46580

Refreshed kitchen • Large main bathroom • Unfinished basement

OPEN NOV 21, 1PM TO 3PM

$135,000

3 beds1 bath1,014 sq ft

404 Aspen Ct, Warsaw, IN 46580

Heated garage • 600 square foot deck • Utility shed

$269,900

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1135 S Zimmer Rd, Warsaw, IN 46580

0.27 acre lot • 2 garage spots • Built 1987

$399,900

3 beds2 baths1,785 sq ft

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Open concept layout • Newer plumbing • Full basement

OPEN NOV 21, 10AM TO 12PM

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4 beds3.5 baths3,188 sq ft

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0.29 acre lot • 2 garage spots • Built 1930

OPEN SUN, 2PM TO 4PM

$259,000

3 beds2 baths1,586 sq ft

1124 E Main St, Warsaw, IN 46580

7,953 sq ft lot • 2 garage spots • Built 1886

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Side porch • 2 kitchens • Built in cabinets

Details provided by IRMLS and may not match the public record. Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Payment calculator

Affordability tools

See this home in person

Nearby open houses (10)

Interested in buying?

Around this home

Schools

Lifestyle

Property details

Sale and tax history for 2316 S Lake Sharon Rd

Public record

Climate risks

Historical weather

Sun exposure

Redfin Estimate for 2316 S Lake Sharon Rd

Early Access listings

Nearby similar homes

New listings for sale in 46580

More real estate resources