NOT LISTED FOR SALE

Estimated Value: $605,606

1 Bed
1.5 Baths
2,696 Sq Ft
$225/Sq Ft Est. Value

Last Sold September 03, 2024

Last sale price $585,000 $217 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,509/month

54 Days on Market

Highlights

  • Stone Countertops
  • Double Pane Windows
  • Entrance Foyer
  • Covered Patio or Porch
  • Breakfast Bar
  • En-Suite Primary Bedroom

About This Home

As of September 2024

This property offers a rare opportunity to immerse yourself in Downtown Fort Wayne while enjoying the convenience of living and working under one roof. Presently configured for the savvy professional seeking a versatile space, this building boasts a flexible layout where the main level is primed for business operations while the upper level presents a luxurious living sanctuary. Alternatively, explore the potential to generate additional income by renting out sections of the building. Additional income has been generated from leasing five available parking spots. Ascend to the upper level to enjoy panoramic views of the cityscape from every angle. Recently renovated with meticulous attention to detail and luxury materials, this property has undergone significant enhancements with over $200,000 invested since 2021. Ask your agent for full list of improvements. Be sure to check out the 3D tour!

Last Agent to Sell the Property

David Brough

Anthony REALTORS Brokerage Phone: 260-750-2818 Listed on: 06/13/2024

Last Buyer's Agent

LAKYNE Webb

Scheerer McCulloch Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,741

Year Built

  • Built in 1921

Lot Details

  • 3,485 Sq Ft Lot
  • Level Lot

Parking

  • Off-Street Parking

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • 2-Story Property
  • Double Pane Windows
  • Insulated Doors
  • Entrance Foyer
  • Carpet
  • Basement Fills Entire Space Under The House
  • Electric Dryer Hookup

Kitchen

  • Breakfast Bar
  • Electric Oven or Range
  • Stone Countertops
  • Built-In or Custom Kitchen Cabinets

Bedrooms and Bathrooms

  • 1 Bedroom
  • En-Suite Primary Bedroom
  • Separate Shower

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient Windows
  • Energy-Efficient HVAC
  • Energy-Efficient Lighting
  • Energy-Efficient Insulation
  • Energy-Efficient Doors
  • ENERGY STAR/Reflective Roof

Schools

  • Washington Elementary School
  • Portage Middle School
  • Wayne High School

Utilities

  • Forced Air Heating and Cooling System
  • High-Efficiency Furnace
  • Heat Pump System
  • Heating System Uses Gas

Additional Features

  • Covered Patio or Porch
  • Suburban Location

Listing and Financial Details

  • Assessor Parcel Number 02-12-02-388-005.000-074

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,741

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1921
  • Style: Two Story
  • Bedrooms: 1
  • Total Bathrooms: 2
  • Total Full Bathrooms: 1
  • Total Number of Half Bathrooms: 1
  • Legal Description: S 50 FT LOT 1 & E 20 OF S 50 FT LOT 2 EWINGS ADD BLK 30
  • Parcel Number ID: 02-12-02-388-005.000-074
  • Platted: Yes
  • Amenities: 1st Bdrm En Suite, Breakfast Bar, Countertops-Stone, Dryer Hook Up Electric, Foyer Entry, Porch Covered, Range/Oven Hook Up Elec, Stand Up Shower, Custom Cabinetry
  • Improvmnts In Last5 Yrs: Yes
  • Location: City/Town/Suburb
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 4020
  • Total Finished Sq Ft: 2696
  • Above Grade Finished Sq Ft: 2696
  • Below Grade Sq Ft: 1324
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Basement Material: Brick
  • Flooring: Carpet
  • Living Great Room: Dimensions: 20x19, On Level: Upper
  • Kitchen: Dimensions: 11x18, On Level: Upper
  • Dining Room: Dimensions: 18x11, On Level: Upper
  • Extra Room: Conference Room, Dimensions: 11x20, On Level: Main
  • Bedroom 1: Dimensions: 15x13, On Level: Upper
  • Other Room1: First Office, Dimensions: 11x18, On Level: Main
  • Other Room 2: Second Office, Dimensions: 15x12, On Level: Main
  • Other Room 3: Third Office, Dimensions: 11x14, On Level: Main
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 1324

Exterior Features

  • Exterior: Brick
  • Roof Material: Flat
  • Outbuilding1: None

Garage/Parking

  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Electric, Gas, Forced Air, Heat Pump
  • Sewer: City
  • Water Utilities: City
  • Electric Company: AEP/I&M
  • Gas Company: NIPSCO
  • Water Company: Fort Wayne City Utilities
  • Hvac: High Efficiency Furnace

Schools

  • Elementary School: Washington

Lot Info

  • Lot Description: Level
  • Estimated Lot Sq Ft: 3485
  • Estimated Lot Size Acres: 0.08
  • Lot Number: 12

Green Features

  • Energy Efficient: Appliances, Doors, Electrical/Lighting, HVAC, Insulation, Roofing, Windows
  • Energy Efficient Windows/Doors: Double Pane Windows, Insulated Doors

Tax Info

  • Annual Taxes: 2740.92
  • Exemptions: Homestead

MLS Schools

  • High School: Wayne
  • Middle School: Portage
  • School District: Fort Wayne Community

Matterport 3D Tours

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2024
Closed on
Aug 28, 2024
Sold by
Pequignot Shane E and Pequignot Amanda Powers
Bought by
Covington Properties Llc
Seller's Agent
David Brough
Anthony REALTORS
Buyer's Agent
LAKYNE Webb
Scheerer McCulloch Real Estate
List Price
$649,900
Sold Price
$585,000
Premium/Discount to List
-$64,900
-9.99%
Views
14
Current Estimated Value
$605,606

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,606
Original Mortgage
$412,500
Outstanding Balance
$370,821
Interest Rate
6.07%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 22, 2021
Sold by
Pequignot Shane
Bought by
Pequignot Shane E and Pequignot Amanda Powers

Purchase Details

Closed on
Mar 1, 2011
Sold by
Meyers Duwain E and Meyers Mary Ann
Bought by
Pequignot Shane E

Purchase Details

Closed on
Feb 21, 2001
Sold by
Meyers Duwain E and Meyers Mary Ann
Bought by
Pequignot Shane E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,000
Interest Rate
9.5%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Covington Properties Llc -- None Listed On Document
Pequignot Shane E -- None Available
Pequignot Shane E -- None Available
Pequignot Shane E $139,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Covington Properties Llc $412,500
Previous Owner Pequignot Shane E $114,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/03/2024 09/03/24 Sold $585,000 -10.0% $217 / Sq Ft
08/06/2024 08/06/24 Pending -- -- --
06/13/2024 06/13/24 For Sale $649,900 -- $241 / 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 $4,143 $616,300 $52,500 $563,800
2024 $2,988 $168,200 $52,500 $115,700
2023 $2,741 $164,900 $52,500 $112,400
2022 $2,350 $159,700 $52,500 $107,200
2021 $2,350 $126,700 $52,500 $74,200
2020 $4,076 $126,700 $52,500 $74,200
2019 $3,401 $102,200 $28,000 $74,200
2018 $3,262 $102,200 $28,000 $74,200
2017 $3,209 $99,900 $28,000 $71,900
2016 $2,989 $99,200 $17,500 $81,700
2014 $3,466 $112,600 $17,500 $95,100
2013 $3,494 $113,600 $17,500 $96,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202421576

Indiana Regional MLS

APN: 02-12-02-388-005.000-074