NOT LISTED FOR SALE

1017 W Wayne St Fort Wayne, IN 46802

West Central Neighborhood

Estimated Value: $422,924 - $476,000

5 Beds
4 Baths
4,386 Sq Ft
$102/Sq Ft Est. Value

Last Sold May 27, 2022

Last sale price $385,000 $88 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $3,117/month

2 Days on Market

Highlights

  • Covered patio or porch
  • Landscaped
  • Forced Air Heating System
  • Eat-In Kitchen
  • Luxury Vinyl Tile Flooring
  • Level Lot

About This Home

As of May 2022

This Investment Property was sold in an Office Exclusive sale and is being entered into the Multiple Listing Service for comparable purposes.

Last Agent to Sell the Property

Heather Regan

Regan & Ferguson Group Listed on: 04/09/2022

Co-Listed By

Leslie Ferguson

Regan & Ferguson Group

Last Buyer's Agent

Heather Regan

Regan & Ferguson Group Listed on: 04/09/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,306

Year Built

  • Built in 1910

Lot Details

  • 7,501 Sq Ft Lot
  • Lot Dimensions are 50' x 150' x 50'x 150'
  • Landscaped
  • Level Lot

Home Design

  • Quadruplex
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Eat-In Kitchen

Flooring

  • Carpet
  • Luxury Vinyl Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Parking

  • 5 Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Covered patio or porch

Schools

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

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for cooling, heating
  • The owner pays for sewer, trash collection, water
  • Assessor Parcel Number 02-12-02-359-003.000-074

Community Details

Overview

  • 4 Units
  • Rock Hill / Rockhill Subdivision

Building Details

  • Insurance Expense $3,000
  • Maintenance Expense $2,000
  • Trash Expense $1,200
  • Water Sewer Expense $1,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,306

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Fourplex
  • Year Built: 1910
  • Age: 112
  • Style: Two Story
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 5
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: LOT 115 ROCKHILLS 1ST AMD ADD
  • Parcel Number ID: 02-12-02-359-003.000-074
  • Platted: Yes
  • Amenities: Basement, Off Street Parking, Eat-In Kitchen, Landscaped, Porch Covered, Water Heater Gas
  • Sp Lp Percent: 100
  • Annual Miscellaneous: 500
  • Monthly Gross Income: 2155
  • Year Taxes Payable: 2020
  • Special Features: None

Interior Features

  • Total Sq Ft: 6044
  • Total Finished Sq Ft: 4386
  • Above Grade Finished Sq Ft: 4386
  • Below Grade Sq Ft: 1658
  • Price Per Sq Ft: 87.78
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Basement Material: Block
  • Flooring: Carpet, Vinyl Tile, Vinyl
  • Total Below Grade Sq Ft: 1658
  • Number Of Ranges Ovens: 4

Exterior Features

  • Exterior: Wood
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 5

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 3000
  • Annual Maintenance Expense: 2000
  • Annual Trash Expense: 1200
  • Annual Water Sewer Expense: 1200
  • Number Of W D Hookups: 4

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 50' x 150' x 50'x 150'
  • Estimated Lot Sq Ft: 7501
  • Estimated Lot Size Acres: 0.1722
  • Lot Number: 115

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Sewer, Trash Collection, Water
  • Tenant Pays: Cooling, Heating

Multi Family

  • Gross Monthly Rent: 2155
  • Number Of Dryers: 4
  • Number Of Refrigerators: 4
  • Number Of Units: 4
  • Number Of Washers: 4
  • Num Of1 Bedrooms: 3
  • Num Of2 Bedrooms: 1
  • Num Of Units Rented: 3

Tax Info

  • Annual Property Tax: 4306

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2022
Closed on
Jun 7, 2022
Sold by
1015 & 1017 West Wayne Llc
Bought by
A And J Llc
Seller's Agent
Heather Regan
Regan & Ferguson Group
Buyer's Agent
Heather Regan
Regan & Ferguson Group
List Price
$385,000
Sold Price
$385,000
Total Days on Market
2
Current Estimated Value
$446,641

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,641
Avg. Annual Appreciation
5.01%
Original Mortgage
$288,750
Interest Rate
5.11%
Mortgage Type
Construction

Purchase Details

Closed on
Nov 17, 2011
Sold by
Burdek Jeffrey A and Goodrich Gayle D
Bought by
1015 & 1017 West Wayne Llc

Purchase Details

Closed on
Jun 4, 2009
Sold by
Mckenna Sean
Bought by
Burdek Jeffrey A and Goodrich Gayle D

Purchase Details

Closed on
Aug 8, 2008
Sold by
Kettelkamp Douglas S
Bought by
Mckenna Sean and The 1017 W Wayne St Residential Land Tru

Purchase Details

Closed on
Nov 21, 2003
Sold by
Tourkow Leah S and Sheray Deborah F
Bought by
Kettelkamp Douglas S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,600
Interest Rate
6.03%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 24, 2003
Sold by
Tourkow Frederick R
Bought by
Tourkow Leah S and Sheray Deborah F
Source: Public Records

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Range of Values:

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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
1015 & 1017 West Wayne Llc -- None Available
Burdek Jeffrey A -- Pioneer Title
Mckenna Sean -- None Available
Kettelkamp Douglas S -- Metropolitan Title In Llc
Tourkow Leah S -- --
A And J Llc $385,000 Metropolitan Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open A And J Llc $73,498
Open A And J Llc $3,336,000
Closed A And J Llc $288,750
Previous Owner Kettelkamp Douglas S $102,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2022 05/27/22 Sold $385,000 0.0% $88 / Sq Ft
04/11/2022 04/11/22 Pending -- -- --
04/09/2022 04/09/22 For Sale $385,000 -- $88 / 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
2024 $7,444 $268,100 $50,100 $218,000
2023 $7,444 $325,600 $59,500 $266,100
2022 $6,120 $272,300 $65,100 $207,200
2021 $5,062 $226,000 $49,500 $176,500
2020 $4,306 $196,800 $42,500 $154,300
2019 $4,268 $196,000 $21,600 $174,400
2018 $2,376 $108,400 $17,500 $90,900
2017 $2,398 $108,400 $17,500 $90,900
2016 $2,362 $108,400 $17,500 $90,900
2014 $2,253 $108,400 $17,500 $90,900
2013 $2,250 $108,400 $17,500 $90,900
Source: Public Records

Agents Affiliated with this Home

  • Heather Regan

    Seller's Agent in 2022

    Heather Regan

    Regan & Ferguson Group

    (260) 615-2570

    3 in this area

    349 Total Sales

    Heather Regan
    Section Image
  • Leslie Ferguson

    Seller Co-Listing Agent in 2022

    Leslie Ferguson

    Regan & Ferguson Group

    (260) 312-8294

    3 in this area

    347 Total Sales

    Leslie Ferguson
    Section Image
See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 202220723

Indiana Regional MLS

APN: 02-12-02-359-003.000-074

Indiana Allen County Fort Wayne 46802 West Central

1017 W Wayne St, Fort Wayne, IN

This home is located at 1017 W Wayne St, Fort Wayne, IN 46802 since 09 April 2022 and is currently estimated at $446,641, approximately $101 per square foot. This property was built in 1910. 1017 W Wayne St is a home located in Allen County with nearby schools including Washington Elementary School, Portage Middle School, and Wayne High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS 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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