1005 Cottage Ave Fort Wayne, IN 46807
Historic South Wayne NeighborhoodEstimated payment $1,033/month
Highlights
- Wooded Lot
- Covered Patio or Porch
- 1 Car Detached Garage
- Traditional Architecture
- Formal Dining Room
- Walk-In Closet
About This Home
Investor opportunity in the heart of Fort Wayne's desirable 46807 district (TENANT ALREADY IN PLACE) ! This well-maintained 3-bedroom, 1-bath two-story home offers immediate cash flow with a tenant already in place through March 2027 at $1,600 per month, creating a turnkey investment with stable income from day one.Located just minutes from Electric Works, downtown Fort Wayne, restaurants, entertainment, parks, and major employment centers, this property combines historic character with numerous updates completed during the current ownership period. Improvements include a remodeled kitchen with updated cabinetry and countertops, remodeled bathroom, updated flooring, refreshed interior and exterior finishes, and freshly painted front porch accents. Major mechanical updates include a new furnace and central air conditioning installed in 2022, with the HVAC system professionally serviced on June 19, 2026. Additional updates include a refrigerator and stove installed in 2022, along with a washer and dryer added in 2025.The property also benefits from a structural engineer assessment completed in 2022 regarding the basement, providing additional information and peace of mind for future ownership.The home offers approximately 1,408 square feet, spacious bedrooms, a dedicated dining room, basement storage, detached garage with alley access, a large covered front porch, and a generously sized lot. Investors will appreciate the opportunity to acquire a performing asset with an established tenant already in place, reducing vacancy concerns and providing predictable income from day one.Whether you're expanding your portfolio or seeking a well-maintained investment property in one of Fort Wayne's most active growth corridors, 1005 Cottage Avenue presents an excellent opportunity to secure a leased property with proven rental income and substantial recent improvements.Tenant occupied through March 2027. Lease available upon request. Minimum 24-hour notice required for all showings, and showings to only be on Tuesdays. Property is being sold AS-IS. Some photos have been digital staged for tenant privacy.
Listing Agent
CENTURY 21 Bradley Realty, Inc Brokerage Phone: 260-515-3438 Listed on: 06/19/2026
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,769
Year Built
- Built in 1906
Lot Details
- 5,454 Sq Ft Lot
- Lot Dimensions are 41' x 133'
- Property has an invisible fence for dogs
- Chain Link Fence
- Level Lot
- Wooded Lot
- Property is zoned R1
Parking
- 1 Car Detached Garage
- Gravel Driveway
Home Design
- Traditional Architecture
- Shingle Roof
- Asphalt Roof
- Wood Siding
- Masonite
Interior Spaces
- 2-Story Property
- Formal Dining Room
- Partially Finished Basement
Kitchen
- Electric Oven or Range
- Laminate Countertops
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 3 Bedrooms
- Walk-In Closet
- 1 Full Bathroom
- Bathtub with Shower
Laundry
- Laundry on main level
- Washer and Electric Dryer Hookup
Schools
- South Wayne Elementary School
- Portage Middle School
- South Side High School
Utilities
- Forced Air Heating and Cooling System
- ENERGY STAR Qualified Air Conditioning
- High-Efficiency Furnace
- Heating System Uses Gas
- Cable TV Available
Additional Features
- Covered Patio or Porch
- Suburban Location
Community Details
- Weber Subdivision
Listing and Financial Details
- Assessor Parcel Number 02-08-21-331-015.000-072
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $1,769 | $174,200 | $12,600 | $161,600 |
| 2024 | $1,527 | $147,500 | $12,600 | $134,900 |
| 2023 | $1,527 | $150,400 | $12,600 | $137,800 |
| 2022 | $1,382 | $131,100 | $26,500 | $104,600 |
| 2021 | $1,317 | $58,800 | $7,000 | $51,800 |
| 2020 | $1,256 | $57,400 | $8,400 | $49,000 |
| 2019 | $888 | $40,800 | $6,100 | $34,700 |
| 2018 | $1,537 | $70,100 | $11,300 | $58,800 |
| 2017 | $1,489 | $67,300 | $11,300 | $56,000 |
| 2016 | $1,388 | $63,700 | $11,300 | $52,400 |
| 2014 | $447 | $21,500 | $4,100 | $17,400 |
| 2013 | $546 | $26,300 | $5,000 | $21,300 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/23/2026 06/23/26 | For Sale | $164,900 | -- | $117 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $140,000 | Centurion Land Title | |
| Warranty Deed | -- | Fidelity National Title | |
| Warranty Deed | $70,000 | Fidelity National Title Co | |
| Warranty Deed | -- | Fidelity National Title | |
| Warranty Deed | -- | Fidelity National Title | |
| Special Warranty Deed | -- | None Available | |
| Warranty Deed | -- | None Available | |
| Sheriffs Deed | $94,395 | None Available | |
| Warranty Deed | -- | Trademark Title | |
| Special Warranty Deed | -- | None Available | |
| Sheriffs Deed | $44,100 | None Available | |
| Contract Of Sale | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Contract Of Sale | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Special Warranty Deed | -- | Investors Titlecorp | |
| Sheriffs Deed | $34,200 | -- | |
| Warranty Deed | -- | Contract Processing & Title | |
| Special Warranty Deed | -- | Contract Processing & Title | |
| Limited Warranty Deed | -- | -- | |
| Sheriffs Deed | $46,851 | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $137,464 | FHA | |
| Previous Owner | $78,452 | FHA | |
| Previous Owner | $58,400 | Purchase Money Mortgage | |
| Previous Owner | $58,974 | FHA | |
| Previous Owner | $38,000 | No Value Available |
Source: Indiana Regional MLS
MLS Number: 202624367
APN: 02-12-14-104-004.000-074
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Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
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Ask me questions while you tour the home.