$107,000
SOLD SEP 14, 2016
5 Beds
3 Baths
2,880 Sq Ft
2,000 Sq Ft Lot

Recently Sold

$37 Per Sq Ft

2% Below List Price

15 Days on Market

Highlights

  • The property is located in a historic district
  • Pocket Doors
  • Level Lot
  • Covered patio or porch
  • Baseboard Heating
  • 3-minute walk to Moody Park

About This Home

As of July 2021

Excellent investment opportunity in Historic West Central! This Triplex offers 2 - 2 bedroom/1 bath units and 1 - 1 bedroom/1 bath unit. Roof new in 2015 with complete tear off! All units have been renovated recently and include a private entrance. Main level unit includes natural wood pocket door and original tiled fireplace! All units are all electric with tenants paying electric. Owner pays water/sewer/trash plus taxes, insurance and maintenance. Refrigerator, range/oven and water heater are included with each unit. Your chance to add to your investment portfolio with this Triplex located in one of Fort Wayne's hottest rental markets! Walking distance to Downtown Fort Wayne and the Historic West Main Street District - offering Entertainment, Restaurants, Pubs, Parkview Field and Shopping!

Last Agent to Sell the Property

Beth Walker

Fairfield Group REALTORS, Inc. Listed on: 08/15/2016

Last Buyer's Agent

Tim Haber

CENTURY 21 Bradley Realty, Inc

CENTURY 21 Bradley Realty, Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,225

Year Built

  • Built in 1906

Lot Details

  • 2,000 Sq Ft Lot
  • Lot Dimensions are 40x50
  • Level Lot
  • Historic Home

Home Design

  • Triplex
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Pocket Doors

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • 1 Bathroom in Basement
  • 1 Bedroom in Basement

Outdoor Features

  • Covered patio or porch

Location

  • Suburban Location
  • The property is located in a historic district

Schools

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

Utilities

  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Tenant pays for cable, cooling, electric, heating
  • The owner pays for building insurance, lawn maintenance, maintenance, snow removal, sewer, trash collection, water
  • Assessor Parcel Number 02-12-10-232-107.000-074

Community Details

Overview

  • 3 Units
  • Rockhill & Nelson Subdivision

Pet Policy

  • Pet Restriction

Building Details

  • 3 Separate Electric Meters
  • 1 Separate Water Meter
  • Insurance Expense $735
  • Maintenance Expense $570
  • Water Sewer Expense $1,194

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,225

Year Built

Built in 1906

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1906
  • Age: 110
  • Style: Two Story
  • Architectural Style: Historic
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: Rockhill & Nelson Add N 40 Lot 36 |
  • Parcel Number ID: 02-12-10-232-107.000-074
  • Platted: Yes
  • Amenities: Pocket Doors, Porch Covered, Water Heater Electric
  • Location: City/Town/Suburb, Historic District, Near Walking Trail
  • Number Below Grade Bedrooms: 1
  • Sp Lp Percent: 98.17
  • Monthly Gross Income: 1500
  • Year Taxes Payable: 2016
  • Special Features: None

Interior Features

  • Total Sq Ft: 2880
  • Total Finished Sq Ft: 2880
  • Above Grade Finished Sq Ft: 1920
  • Below Grade Finished Sq Ft: 960
  • Price Per Sq Ft: 55.73
  • Basement: Yes
  • Basement Foundation: Finished, Full Basement, Outside Entrance
  • Flooring: Mixed
  • Number Below Grade Bathrooms: 1
  • Total Below Grade Sq Ft: 960
  • Number Of Ranges Ovens: 3

Exterior Features

  • Exterior: Wood
  • Stories: 2

Utilities

  • Heating Fuel: Electricity, Baseboard
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 735
  • Annual Maintenance Expense: 570
  • Annual Water Sewer Expense: 1194
  • Number Electric Meters: 3
  • Number Water Meters: 1

Condo/Co-op/Association

  • Association Restrictions: Yes
  • Pet Restrictions: Yes

Schools

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

Lot Info

  • Lot Description: Level, Historic Designation
  • Lot Dimensions: 40x50
  • Estimated Lot Sq Ft: 2000
  • Estimated Lot Size Acres: 0.05
  • Lot Number: 36

Rental Info

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

Multi Family

  • Gross Monthly Rent: 1500
  • Number Of Refrigerators: 3
  • Number Of Units: 3
  • Num Of1 Bedrooms: 1
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 1224.88

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
Jun 7, 2021
Closed on
Jul 9, 2021
Sold by
Delanor Consulants Llc
Bought by
A And J Llc
Seller's Agent
Tim Haber
CENTURY 21 Bradley Realty, Inc
Buyer's Agent
Brandon Steffen
Steffen Group
List Price
$210,000
Sold Price
$215,000
Premium/Discount to List
$5,000
2.38%
Current Estimated Value
$278,240

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,240
Avg. Annual Appreciation
8.15%
Original Mortgage
$161,250
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Aug 15, 2016
Closed on
Sep 14, 2016
Sold by
Freed Gregory and Freed Jill
Bought by
Delanor Consultants Llc
Seller's Agent
Beth Walker
Fairfield Group REALTORS, Inc.
Buyer's Agent
Tim Haber
CENTURY 21 Bradley Realty, Inc
List Price
$109,000
Sold Price
$107,000
Premium/Discount to List
-$2,000
-1.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.58%
Original Mortgage
$75,600
Interest Rate
3.42%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 29, 2010
Sold by
Ball Cheryl M
Bought by
Freed Gregory and Freed Jill

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,250
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 2006
Sold by
Poffenberg Richard
Bought by
Ball Cheryl M

Purchase Details

Closed on
Jan 4, 2005
Sold by
Knight Aaron and Knight Aaron W
Bought by
Poffenberger Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
8.38%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 31, 2003
Sold by
Cline John M and Cline Connie J
Bought by
Knight Aaron W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,250
Interest Rate
5.81%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Similar Home in Fort Wayne, IN

  • 4323 Spatz Ave, Fort Wayne, IN 46806

    $104,900

    • 3 Beds
    • 1 Bath
    • 910 Sq Ft
    • 4323 Spatz Ave
    • Fort Wayne, IN

    This home is currently under property mgt. paying $925 a month rent with a tenants lease agreement until 10/31/25. its a 3 bedroom, 1 full bath 910 SF with central air, aluminum siding, fenced yard, 1 car detached garage, range and refrigerator included. Offers can be made contingent on final walkthrough inspection.

    Jill Brigman Keller Williams Realty Group

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $215,000 Metropolitan Title Of In Llc
Deed -- None Available
Warranty Deed -- Lawyers Title
Warranty Deed -- Lawyers Title
Warranty Deed -- Lawyers Title
Contract Of Sale $105,000 Century Title Services
Warranty Deed -- Three Rivers Title Co Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $73,498 New Conventional
Open $3,336,000 New Conventional
Closed $161,250 Future Advance Clause Open End Mortgage
Previous Owner $500,000 Commercial
Previous Owner $75,600 Commercial
Previous Owner $47,250 New Conventional
Previous Owner $100,000 Seller Take Back
Previous Owner $52,250 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2021 07/09/21 Sold $215,000 +2.4% $75 / Sq Ft
06/09/2021 06/09/21 Pending -- -- --
06/07/2021 06/07/21 For Sale $210,000 +96.3% $73 / Sq Ft
09/14/2016 09/14/16 Sold $107,000 -1.8% $37 / Sq Ft
08/30/2016 08/30/16 Pending -- -- --
08/15/2016 08/15/16 For Sale $109,000 -- $38 / 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 $4,568 $198,000 $34,700 $163,300
2023 $4,568 $199,800 $34,700 $165,100
2022 $4,450 $198,000 $34,700 $163,300
2021 $3,711 $165,700 $30,300 $135,400
2020 $3,457 $158,000 $28,400 $129,600
2019 $2,733 $125,500 $10,600 $114,900
2018 $1,440 $65,700 $5,000 $60,700
2017 $1,296 $58,600 $5,500 $53,100
2016 $1,268 $58,200 $5,700 $52,500
2014 $1,249 $60,100 $6,600 $53,500
2013 $1,038 $50,000 $7,800 $42,200
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 201638514

Indiana Regional MLS

APN: 02-12-10-232-017.000-074