NOT LISTED FOR SALE

1018 Dearborn St Fort Wayne, IN 46805

Northside Neighborhood

Estimated Value: $159,412 - $193,000

2 Beds
2 Baths
1,384 Sq Ft
$126/Sq Ft Est. Value

Sale Details

Date Sold: January 17, 2019

Last sale price $61,500 $44 Per Sq Ft

Est. 184% increase in value since last sale

Current estimated payment $1,098 / mo

18 Days on Market

Highlights

  • Covered Patio or Porch
  • Central Air
  • Carpet
  • Covered Deck
  • Level Lot

About This Home

As of January 2019

The price stated on this property is the assessed tax value (as a guideline). This property is being sold at public auction on Thursday, December 13, 2018. Auction begins at 4:30 p.m. This property may sell for more or less than the assessed value, depending on the outcome of the auction bidding. Multi-unit rental property in Fort Wayne. Don't miss this opportunity of a lifetime. 4 spectacular rental units available for auction. These rental units generate great cash flow with little effort. Join us auction day for your chance at owning one of these beautiful properties. Visit our website to see available properties. INVESTMENT OPPORTUNITY | $1,025+ PER MONTH INCOME | SEPARATE ELECTRICAL UTILITIES

Last Agent to Sell the Property

Tim McCulloch

Scheerer McCulloch Real Estate Listed on: 11/25/2018

Last Buyer's Agent

Abbie Stombaugh

eXp Realty, LLC

eXp Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,181

Year Built

  • Built in 1900

Lot Details

  • 1,799 Sq Ft Lot
  • Lot Dimensions are 40 x 45
  • Level Lot

Home Design

  • Duplex
  • Poured Concrete
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Carpet
  • Unfinished Basement
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Public Parking

Outdoor Features

  • Covered Deck
  • Covered Patio or Porch

Location

  • Suburban Location

Utilities

  • Central Air
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for cable, cooling, electric
  • The owner pays for fuel, lawn maintenance, maintenance, sewer, snow removal, tax, trash collection, water
  • Assessor Parcel Number 02-12-01-180-013.000-074

Community Details

Overview

  • 2 Units

Building Details

  • Electric Expense $322
  • Fuel Expense $740
  • Insurance Expense $262
  • Water Sewer Expense $1,014

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,181

Year Built

Built in 1900

Lot Details

1,799 Sq Ft Lot

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1900
  • Style: Two Story
  • Bedrooms: 2
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: S 40 FT LOT 163 LAKESIDE PARK ADD |
  • Parcel Number ID: 02-12-01-180-013.000-074
  • Platted: Yes
  • Amenities: Basement, Deck Covered, Porch Covered
  • Location: City/Town/Suburb
  • Special Features: None

Interior Features

  • Total Sq Ft: 2028
  • Total Finished Sq Ft: 1384
  • Above Grade Finished Sq Ft: 1384
  • Below Grade Sq Ft: 644
  • Basement: Yes
  • Basement Foundation: Crawl, Unfinished
  • Basement Material: Poured Concrete
  • Flooring: Carpet
  • Total Below Grade Sq Ft: 644
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt, Shingle
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 2
  • Parking: Public

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas
  • Sewer: City
  • Water Utilities: City
  • Annual Electric: 322.16
  • Annual Fuel Expense: 740.09
  • Annual Insurance Expense: 262
  • Annual Water Sewer Expense: 1014.17
  • Number Of W D Hookups: 1

Condo/Co-op/Association

  • Common Amenities: Sidewalks

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 40 x 45
  • Estimated Lot Sq Ft: 1799
  • Estimated Lot Size Acres: 0.0413

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Fuel, Lawn Maintenance, Maintenance, Sewer, Snow Removal, Tax, Trash Collection, Water
  • Tenant Pays: Cable, Cooling, Electric

Tax Info

  • Annual Property Tax: 1181

Multi Family

  • Number Of Dryers: 1
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Number Of Washers: 1
  • Num Of1 Bedrooms: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 21, 2022
Sold by
1018 Dearborn Trust
Bought by
112 Marie Trust
Current Estimated Value
$174,603

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,000
Outstanding Balance
$6,629
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$167,974

Purchase Details

Closed on
Nov 18, 2022
Sold by
1018 Dearborn Trust
Bought by
112 Marie Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,000
Outstanding Balance
$6,629
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$167,974

Purchase Details

Closed on
Nov 15, 2022
Sold by
1018 Dearborn Trust
Bought by
112 Marie Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,000
Outstanding Balance
$6,629
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$167,974

Purchase Details

Listed on
Nov 25, 2018
Closed on
Jan 15, 2019
Sold by
Star Financial Bank
Bought by
1018 Dearborn Trust
Seller's Agent
Tim McCulloch
Scheerer McCulloch Real Estate
Buyer's Agent
Abbie Stombaugh
eXp Realty, LLC
List Price
$41,700
Sold Price
$61,500
Premium/Discount to List
$19,800
47.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.32%
Original Mortgage
$281,500
Interest Rate
4.7%
Mortgage Type
Commercial
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

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 Buyer Sale Price Title Company
112 Marie Trust -- Fidelity National Title
112 Marie Trust -- Fidelity National Title
112 Marie Trust $150,000 Fidelity National Title
1018 Dearborn Trust $60,000 Metropolitan Title Of In
Source: Public Records

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 Borrower Loan Amount
Open 112 Marie Trust $15,000
Closed 112 Marie Trust $15,000
Open 112 Marie Trust $120,000
Closed 112 Marie Trust $15,000
Closed 112 Marie Trust $120,000
Closed 112 Marie Trust $120,000
Previous Owner 1018 Dearborn Trust $281,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/17/2019 01/17/19 Sold $61,500 +47.5% $44 / Sq Ft
12/13/2018 12/13/18 Pending -- -- --
11/25/2018 11/25/18 For Sale $41,700 -- $30 / Sq Ft
Source: Indiana Regional MLS

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 $1,998 $157,400 $16,800 $140,600
2024 $1,741 $146,300 $16,800 $129,500
2022 $960 $70,500 $8,000 $62,500
2021 $1,447 $64,600 $2,900 $61,700
2020 $1,794 $82,000 $3,900 $78,100
2019 $1,792 $82,300 $4,600 $77,700
2018 $914 $41,700 $4,600 $37,100
2017 $1,181 $53,400 $3,900 $49,500
2016 $924 $42,400 $3,200 $39,200
2014 $725 $34,900 $4,200 $30,700
2013 $724 $34,900 $4,200 $30,700
Source: Public Records

Agents Affiliated with this Home

  • Tim McCulloch

    Seller's Agent in 2019

    Tim McCulloch

    Scheerer McCulloch Real Estate

    (260) 441-8636

    5 in this area

    347 Total Sales

    Tim McCulloch
    Section Image

  • A

    Buyer's Agent in 2019

    Abbie Stombaugh

    eXp Realty, LLC

    (260) 615-2727

    1 in this area

    4 Total Sales

    Abbie Stombaugh
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 201851653

Indiana Regional MLS

APN: 02-12-01-180-013.000-074

Indiana Allen County Fort Wayne 46805 Northside

1018 Dearborn St, Fort Wayne, IN

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 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.
Based on information submitted to the MLS GRID

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