NOT LISTED FOR SALE

Estimated Value: $130,000 - $173,000

4 Beds
4 Baths
1,440 Sq Ft
$104/Sq Ft Est. Value

Last Sold July 31, 2024

Last sale price $153,100 $106 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $885/month

2 Days on Market

Highlights

  • Fenced Yard
  • ENERGY STAR Qualified Water Heater
  • 1-Story Property
  • Forced Air Heating and Cooling System
  • Carpet

About This Home

As of July 2024

Introducing a fantastic investment duplex property, perfect for savvy investors or those looking to live in one unit while renting out the other. Each unit features 2 bedrooms and 1.5 baths, providing ample space for comfort and convenience. Both units include a cozy living room, a functional kitchen equipped with essential appliances, and in-unit laundry facilities for added ease. This property boasts a new roof installed in May 2023, ensuring peace of mind and long-term durability. One unit is currently rented, generating immediate income, while the other unit is vacant and ready for your personal touches or a new tenant. This duplex offers a blend of potential and stability. Don’t miss out on this incredible opportunity to expand your real estate portfolio!

Last Agent to Sell the Property

Tina Stuckey

Mike Thomas Assoc., Inc Brokerage Phone: 260-452-8556 Listed on: 07/12/2024

Mike Thomas Assoc., Inc

Last Buyer's Agent

Tina Stuckey

Mike Thomas Assoc., Inc Brokerage Phone: 260-452-8556 Listed on: 07/12/2024

Mike Thomas Assoc., Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,715

Year Built

  • Built in 1940

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50 x 144
  • Fenced Yard
  • Chain Link Fence

Home Design

  • Duplex
  • Slab Foundation
  • Poured Concrete
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,440 Sq Ft Home
  • 1-Story Property
  • Fire and Smoke Detector
  • Laminate Countertops

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • 4 Parking Spaces
  • On-Street Parking
  • Off-Street Parking

Schools

  • Franke Park Elementary School
  • Northwood Middle School
  • North Side High School

Utilities

  • Forced Air Heating and Cooling System
  • SEER Rated 13+ Air Conditioning Units
  • High-Efficiency Furnace
  • Heating System Uses Gas
  • ENERGY STAR Qualified Water Heater
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Energy-Efficient HVAC
  • Suburban Location

Listing and Financial Details

  • Tenant pays for cable, electric, fuel, heating, lawn maintenance, sewer, water
  • The owner pays for maintenance
  • Assessor Parcel Number 02-12-03-228-015.000-074

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $1,500
  • Maintenance Expense $1,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,715

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1940
  • Style: One Story
  • Architectural Style: Ranch
  • Bedrooms: 4
  • Total Bathrooms: 4
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 2
  • Legal Description: Lot 17 BECKS SUB ADDITION
  • Parcel Number ID: 02-12-03-228-015.000-074
  • Platted: Yes
  • Amenities: Fenced Yard, Off Street Parking, Near Walking Trail, Cable Available, Countertops-Laminate, Detector-Smoke, Water Heater Gas
  • Location: City/Town/Suburb
  • Special Features: None

Interior Features

  • Total Sq Ft: 1440
  • Total Finished Sq Ft: 1440
  • Above Grade Finished Sq Ft: 1440
  • Basement Foundation: Slab
  • Basement Material: Poured Concrete
  • Flooring: Carpet, Laminate
  • Number Of Disposals: 2
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Fence: Chain Link
  • Stories: 1

Garage/Parking

  • Number Of Parking Spaces: 4
  • Parking: Street

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: AEP/I&M
  • Gas Company: NIPSCO
  • Water Company: Fort Wayne City Utilities
  • Hvac: High Efficiency Furnace, HVAC (13 Seer)
  • Annual Insurance Expense: 1500
  • Annual Maintenance Expense: 1500
  • Number Of W D Hookups: 2

Schools

  • Elementary School: Franke Park

Lot Info

  • Lot Description: 0-2.9999
  • Lot Dimensions: 50 x 144
  • Estimated Lot Sq Ft: 7405
  • Estimated Lot Size Acres: 0.17

Green Features

  • Energy Efficient: HVAC, Water Heater

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Maintenance
  • Tenant Pays: Cable, Electric, Fuel, Heating, Lawn Maintenance, Sewer, Water

Tax Info

  • Annual Property Tax: 1714.64

Multi Family

  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of2 Bedrooms: 2

MLS Schools

  • High School: North Side
  • Middle School: Northwood
  • School District: Fort Wayne Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2024
Closed on
Jul 31, 2024
Sold by
Keller Cameron
Bought by
Le Chuyen
Seller's Agent
Tina Stuckey
Mike Thomas Assoc., Inc
Buyer's Agent
Tina Stuckey
Mike Thomas Assoc., Inc
List Price
$159,900
Sold Price
$153,100
Premium/Discount to List
-$6,800
-4.25%
Views
55
Current Estimated Value
$149,647

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,453
Avg. Annual Appreciation
-1.53%
Original Mortgage
$114,825
Outstanding Balance
$113,212
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$36,435

Purchase Details

Closed on
May 31, 2024
Sold by
Hazelett Janet
Bought by
Keller Cameron

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
7.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 13, 2008
Sold by
328 Oakdale Llc
Bought by
Hazelett Janet

Purchase Details

Closed on
Aug 3, 2004
Sold by
Willcutts William and Willcutts Maryanne
Bought by
328 Oakdale Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,050
Interest Rate
6.46%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 7, 2004
Sold by
Cook Gary A
Bought by
Willcutts William and Willcutts Mary Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,050
Interest Rate
6.46%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Le Chuyen -- None Listed On Document
Keller Cameron -- None Listed On Document
Hazelett Janet -- Mad Anthony Title
328 Oakdale Llc -- --
Willcutts William -- Metropolitan Title In Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Le Chuyen $114,825
Previous Owner Keller Cameron $112,500
Previous Owner Willcutts William $56,050
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2024 07/31/24 Sold $153,100 -4.3% $106 / Sq Ft
07/14/2024 07/14/24 Pending -- -- --
07/12/2024 07/12/24 For Sale $159,900 -- $111 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Tax History

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 $1,298 $115,100 $19,100 $96,000
2024 $1,715 $100,400 $19,100 $81,300
2023 $1,715 $75,000 $19,100 $55,900
2022 $1,852 $82,400 $19,100 $63,300
2021 $1,776 $79,300 $9,600 $69,700
2020 $1,429 $65,300 $9,600 $55,700
2019 $1,315 $60,400 $9,600 $50,800
2018 $1,313 $59,900 $9,600 $50,300
2017 $825 $37,300 $6,100 $31,200
2016 $632 $29,000 $5,100 $23,900
2014 $522 $25,100 $5,600 $19,500
2013 -- $35,300 $10,400 $24,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202425917

Indiana Regional MLS

APN: 02-12-03-228-015.000-074