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Warsaw Information
Welcome > Local Info > Warsaw Information ...

About the Warsaw, Indiana Area 

Warsaw 

Warsaw is a city in Indiana and the county seat of, Kosciusko County, Indiana, United States[3]. The population was estimated at 13,082 in 2006. The Warsaw area is among the fastest growing areas in Indiana. Cradled among Winona Lake, Pike Lake, Hidden Lake and Center Lake, Warsaw is nicknamed "Lake City," though other cities in the surrounding area are also referred to by that nickname. 

History 

Warsaw, named for the capital of Poland in tribute to Thaddeus Kosciusko, was platted on October 21, 1836. Early Warsaw contained traders, trappers, and merchants supplying manufactured goods to area farmers. Because of the central location in the lake region, tourists soon began visiting Warsaw and eventually made permanent residences in the city, with industry soon following. 

In March 1854, Warsaw became a town, and the initial census on February 2, 1854 showed a total of 752 residents in the town limits. The Pennsylvania Railroad (then known as the Pittsburgh, Fort Wayne, and Chicago Railroad) reached Warsaw in November 1854. The Big 4 Railroad (Cleveland, Cincinnati, Chicago, and St Louis) arrived in Warsaw in August 1870.
Gas lights were installed in August 1880. Telephone lines were strung in 1882, with Dr. Eggleston having the first phone. The waterworks were constructed in 1885. Gas was supplemented with electricity in 1897, but gas was still used in many homes until 1915. 

In 1895, Revra DuPuy founded DePuy Manufacturing in Warsaw to make wire mesh and wooden splints, becoming the world's first manufacturer of orthopedic appliances. In 1905, DePuy hired Justin Zimmer as a splint salesman. Zimmer broke away from DePuy in 1927 to start his own orthopedic company. Warsaw is now known as the "orthopedic capital of the world." 

Geography 

Warsaw occupies the area between Pike Lake, Hidden Lake and Center Lake (to the north) and Winona Lake (to the southeast). The Tippecanoe River passes through the West portion of Warsaw. U.S. Route 30 and Indiana State Road 15 both pass through town, while Indiana State Road 25 begins on West Market Street while traffic is routed to West Winona Avenue along with State Road 15 after US Route 30 bypassed the downtown area.
According to the United States Census Bureau, the city has a total area of 11.6 square miles, of which, 10.5 square miles of it is land and 1.1 square miles of it is water. 

Demographics 


As of the census[1] of 2000, there were 12,415 people, 4,794 households, and 3,068 families residing in the city. The population density was 1,184.6 people per square mile. There were 5,101 housing units at an average density of 486.7/sq mi. The racial makeup of the city was 70.50% White, 1.41% African American, 0.39% Native American, 1.07% Asian, 0.02% Pacific Islander, 5.25% from other races, and 1.37% from two or more races. Hispanic or Latino of any race were 29.21% of the population.
There were 4,794 households out of which 32.4% had children under the age of 18 living with them, 49.0% were married couples living together, 10.8% had a female householder with no husband present, and 36.0% were non-families. 30.4% of all households were made up of individuals and 11.8% had someone living alone who was 65 years of age or older. The average household size was 2.49 and the average family size was 3.11. 

In the city the population was spread out with 26.0% under the age of 18, 10.9% from 18 to 24, 29.0% from 25 to 44, 21.0% from 45 to 64, and 13.2% who were 65 years of age or older. The median age was 34 years. For every 100 females there were 97.3 males. For every 100 females age 18 and over, there were 93.3 males. 

The median income for a household in the city was $36,564, and the median income for a family was $45,153. Males had a median income of $33,322 versus $22,284 for females. The per capita income for the city was $19,262. About 6.8% of families and 9.2% of the population were below the poverty line, including 8.7% of those under age 18 and 13.4% of those age 65 or over. 

Although the population is still represented at 12,000, it may be up to anywhere from 15,000 to 20,000 inside the city limits. The population, combined with the population outside of city limits and the population of Winona Lake, could be up to 40,000. An accurate count will be conducted during the 2010 census. 


Economy 

Warsaw, known as the Orthopedic Capital of the World, is home to the first orthopedic device manufacturer started in 1895 by Revra DePuy of the DePuy Manufacturing Company. Subsequent competitors, such as Zimmer, Inc., Medtronic, Inc., and Biomet, have all been founded in Warsaw to support the industry. Several orthopedic suppliers are also present. 

Other companies headquartered in Warsaw are Da-Lite, makers of commercial and home theater projection screens; Little Crow Foods (manufacturer of CoCo Wheats); R.R. Donnelly & Sons, a magazine printing press; and Dalton Foundry, Malleable iron casting foundry. Historically the home of the Biltwell Basket Company[citation needed] and Explorer Van founded by local entrepreneurs Bob and Doris Kesler. Warsaw is also home to the corporate headquarters of ABC Industries, a leader in mining ventilation products and industrial textile fabrics. 

Culture 

Warsaw is home to the Wagon Wheel Theatre, which hosts local and national plays annually. Several taverns host live music by local musicians, including the Downtown landmark Rex's Rendezvous. North Pointe Cinemas, bowling alleys, and youth and senior centers are present. City Parks, the Greenway Bicycle Trails, City County Athletic Complex (CCAC) and two golf courses offer citizens recreation. Center Lake Park is host to regular concerts during the summer months, along with many other lakes throughout the county. 

Information provided by Wikipedia 

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Real Estate Tips
Investment Real Estate >Investment Property Exchanges

When you buy an investment property, there are two important financial goals to consider. You will want a property capable of producing rental income. When you sell, you hope that the property will have appreciated enough that you will earn a good profit on your investment. If your property has enjoyed a healthy appreciation, you may need to do some careful planning to avoid paying out most of your profits in the form of capital gains taxes.

When selling your primary residence, you may be able to defer your capital gains taxes when you buy your next home. This does not apply, however, to investment property. If you sell one property then purchase another, the taxes will be due for the year the sale occurred. On the other hand, if you arrange to trade one property for another, you may be able to defer the capital gains tax.

It is not as complicated as it sounds! Many real estate agents and attorneys specialize in helping their clients put these kind of transactions together. You don't have to trade buildings with the people buying your property. The property you trade may belong to a third party, and your buyers need only cooperate with the closing attorney to make the transaction work.

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Real Estate Trivia
Q 
What is the world's largest palace?

A 
The Imperial Palace (Gugong) in the center of Beijing, China covers over 178 acres and dates back to the early 1400s.
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Deb Paton-Showley Group, REALTOR®, real estate agent and broker for Warsaw, Syracuse and Winona Lake, Indiana home listings, property and land for sale - NUMBER1EXPERT(tm)

Deb Paton-Showley Group
Coldwell Banker Roth Wehrly Graber

2580 Walton Blvd.
Warsaw, IN 46582
Direct: 574-268-3438
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dshowley@cbrwg.com
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We pride ourselves on serving our clients to the best of our ability. We are proven experts in lake properties, new construction, residential, and lots & land for Warsaw, Winona Lake, Syracuse, Leesburg, and all of Kosciusko county. We specialize in selling homes on Lake Wawasee, Lake Tippecanoe, Syracuse Lake, Webster Lake, Barbee Chain of Lakes, and Winona Lake. We also specialize in custom homes located in Shadow Lake Estates and Eagle Crest Development in Warsaw, IN. Relax, at Paton-Showley Group, we do the work for you! Give us a try today.

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