1016 W Wayne St Unit 3 Fort Wayne, IN 46802
West Central NeighborhoodEstimated Value: $482,000 - $622,615
3
Beds
4
Baths
3,216
Sq Ft
$170/Sq Ft
Est. Value
Highlights
- Detached Second Garage
- Porch
- Forced Air Heating and Cooling System
- Wood Flooring
- Laundry in Utility Room
- Level Lot
About This Home
As of April 2021THIS PROPERTY WILL SELL AT PUBLIC AUCTION - SATURDAY, MARCH 13TH AT 10:00 AM. The auction will be held at the Courtyard by Marriott located at 1150 S. Harrison St., downtown Fort Wayne. OPEN HOUSES: Wednesday, February 24th from 5:00 pm to 6:00 pm & Sunday, February 28th from 1:00 to 2:00 pm. This property will be sold in conjunction with 7 other investment properties owned by the Estate of John Silverman. Each property will be offered individually, in combination and as an entire package. This triplex is located in the heart of West Central and features a large two bedroom apartment that has been completely redone. The rear two units need updating prior to renting. This property would also make an excellent investment property or an excellent property to convert back to a single family home. This building has 3 gas forced air furnaces with separately metered gas and separately metered electric. This property is being sold "As-Is" and "Where-Is" - The property is being sold for cash, in the event that a Buyer is obtaining financing, financing must be arranged prior to auction. An non-refundable earnest money deposit in the amount of 10% will be required day of the auction. Real Estate taxes shall be prorated. The Seller will provide the Buyer with an Owners Policy of Title Insurance in the amount of the purchase price. This property will fall in a price range affordable to many - Inspect, Arrange Financing and Come Prepared to Bid your Price on Auction Day.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,922
Year Built
- Built in 1920
Lot Details
- 4,051 Sq Ft Lot
- Lot Dimensions are 27x150
- Level Lot
Home Design
- Triplex
- Brick Exterior Construction
Interior Spaces
- 2-Story Property
- Basement Fills Entire Space Under The House
- Laundry in Utility Room
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 3 Bedrooms
- 4 Full Bathrooms
Parking
- 3 Parking Spaces
- Detached Second Garage
- Off-Street Parking
Outdoor Features
- Porch
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Gas Water Heater
Community Details
- 3 Units
- Community Storage Space
Listing and Financial Details
- Tenant pays for cable, cooling, electric, fuel, heating
- The owner pays for building insurance, maintenance, sewer, tax, trash collection, water
- Assessor Parcel Number 02-12-02-356-009.000-074
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 22, 2024
Sold by
Sector Tasha
Bought by
Williams Therese M and Bybee Charles D
Total Days on Market
38
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,000
Outstanding Balance
$446,301
Interest Rate
5.76%
Mortgage Type
New Conventional
Estimated Equity
$98,853
Purchase Details
Listed on
Feb 3, 2021
Closed on
Apr 16, 2021
Sold by
Wetzel Rachel and Estate Of John Silverman
Bought by
Sector Tasha
Seller's Agent
Brandon Steffen
Steffen Group
Buyer's Agent
Brandon Steffen
Steffen Group
List Price
$333,300
Sold Price
$333,300
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.59%
Original Mortgage
$382,500
Interest Rate
3%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Sep 25, 2019
Sold by
Jc Silverman Properties Llc
Bought by
Silverman John C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
3.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 30, 2013
Sold by
Silverman John C
Bought by
Jc Silverman Properties Llc
Purchase Details
Closed on
Jun 7, 2012
Sold by
J S & T Corp
Bought by
Silverman John
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,400
Interest Rate
3.87%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 19, 2008
Sold by
Carney Matthew J
Bought by
J S & T Corp
Purchase Details
Closed on
Dec 17, 2001
Sold by
Vanrooyen Theodore W and Vanrooyen Barbara P
Bought by
Carney Matthew J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,100
Interest Rate
6.87%
Similar Home in Fort Wayne, IN
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Williams Therese M | -- | Metropolitan Title Of In | |
| Sector Tasha | $333,300 | Metropolitan Title Of Indian | |
| Silverman John C | -- | Trademark Title | |
| Jc Silverman Properties Llc | -- | None Available | |
| Silverman John | -- | Metropolitan Title Of In | |
| J S & T Corp | -- | Metropolitan Title Of In Llc | |
| Carney Matthew J | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Williams Therese M | $472,000 | |
| Previous Owner | Sector Tasha | $389,265 | |
| Previous Owner | Sector Tasha | $382,500 | |
| Previous Owner | Silverman John C | $60,000 | |
| Previous Owner | Silverman John | $64,400 | |
| Previous Owner | Carney Matthew J | $79,100 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/16/2021 04/16/21 | Sold | $333,300 | 0.0% | $104 / Sq Ft |
| 03/13/2021 03/13/21 | Pending | -- | -- | -- |
| 02/03/2021 02/03/21 | For Sale | $333,300 | -- | $104 / Sq Ft |
Source: Indiana Regional MLS
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $3,091 | $565,000 | $41,900 | $523,100 |
| 2022 | $2,938 | $260,000 | $41,900 | $218,100 |
| 2021 | $4,567 | $203,900 | $31,500 | $172,400 |
| 2020 | $4,254 | $194,400 | $30,900 | $163,500 |
| 2019 | $2,922 | $134,200 | $7,200 | $127,000 |
| 2018 | $1,640 | $96,100 | $6,300 | $89,800 |
| 2017 | $1,533 | $69,300 | $4,800 | $64,500 |
| 2016 | $1,499 | $68,800 | $5,100 | $63,700 |
| 2014 | $1,476 | $71,000 | $5,800 | $65,200 |
| 2013 | $1,403 | $67,600 | $13,500 | $54,100 |
Source: Public Records
Agents Affiliated with this Home
-
Brandon Steffen
Seller's Agent in 2021
Brandon Steffen
Steffen Group
(260) 710-5684
26 in this area
152 Total Sales
Map
Source: Indiana Regional MLS
MLS Number: 202103582
APN: 02-12-02-356-009.000-074
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