NOT LISTED FOR SALE

1022 E Pettit Ave Fort Wayne, IN 46806

Mount Vernon Park Neighborhood

Estimated Value: $74,000 - $98,000

3 Beds
1 Bath
906 Sq Ft
$99/Sq Ft Est. Value

Last Sold October 25, 2013

Last sale price $11,000 $12 Per Sq Ft

Est. 718% increase in value since last sale

Current estimated payment $621/month

93 Days on Market

Highlights

  • Ranch Style House
  • Storm Windows
  • 4-minute walk to Brewer Park
  • Corner Lot
  • Forced Air Heating System

About This Home

As of October 2013

STARTER HOME FOR 1ST TIME HOME BUYERS OR GREAT INVESTMENT RENTAL HOME. RETIRING LANDLORD SALE. OWNER NEVER OCCUPIED THE HOME. BEING SOLD AS - IS.

Last Agent to Sell the Property

John Mattingly

Perfect Location Realty Listed on: 07/14/2013

Last Buyer's Agent

John Mattingly

Perfect Location Realty Listed on: 07/14/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $216

Year Built

  • Built in 1950

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 72 x 85
  • Corner Lot

Home Design

  • 906 Sq Ft Home
  • Ranch Style House
  • Slab Foundation

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Home Security

  • Storm Windows
  • Storm Doors

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 02-12-24-401-001.000-074

Home Details

Home Type

Single Family

Est. Annual Taxes

$216

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1950
  • Age: 63
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 5
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: LOT 162 MOUNT VERNON ADD SEC 3
  • Parcel Number ID: 02-12-24-401-001.000-074
  • Platted: Yes
  • Cross Street: GAYWOOD
  • Investment Property: Yes
  • Section Number: 3
  • Sp Lp Percent: 50.23
  • Special Features: None

Interior Features

  • Total Sq Ft: 906
  • Total Finished Sq Ft: 906
  • Above Grade Finished Sq Ft: 906
  • Price Per Sq Ft: 12.14
  • Basement Foundation: Slab
  • Bedroom 1: Dimensions: 8x12, On Level: Main
  • Bedroom 2: Dimensions: 8x11, On Level: Main
  • Bedroom 3: Dimensions: 11x11, On Level: Main
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Aluminum
  • Outbuilding1: None

Utilities

  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City

Schools

  • School District: Fort Wayne Community
  • Elementary School: Abbett
  • Middle School: Lakeside
  • High School: South Side

Lot Info

  • Lot Description: Corner
  • Lot Dimensions: 72 X 85
  • Estimated Lot Sq Ft: 10890
  • Estimated Lot Size Acres: 0.25
  • Lot Number: 162
  • Zoning: A Single Family Residential

Green Features

  • Energy Efficient Windows/Doors: Storm Doors, Storm Windows

Tax Info

  • Annual Taxes: 216

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2013
Closed on
Dec 5, 2013
Sold by
Hilty Linda M
Bought by
Burns Steve L and Burns Geoffrey Allen
Seller's Agent
John Mattingly
Perfect Location Realty
Buyer's Agent
John Mattingly
Perfect Location Realty
List Price
$26,900
Sold Price
$11,000
Premium/Discount to List
-$15,900
-59.11%
Total Days on Market
93
Current Estimated Value
$90,023

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,023
Avg. Annual Appreciation
19.87%

Purchase Details

Listed on
Jul 14, 2013
Closed on
Oct 24, 2013
Sold by
Chernabaeff Sam J and Chernabaeff Tanya A
Bought by
Hilty Linda M
Seller's Agent
John Mattingly
Perfect Location Realty
Buyer's Agent
John Mattingly
Perfect Location Realty
List Price
$26,900
Sold Price
$11,000
Premium/Discount to List
-$15,900
-59.11%

Purchase Details

Closed on
Sep 23, 2009
Sold by
Seg Commercial Llc
Bought by
Chernabaeff Sam J and Chernabaeff Tanya A

Purchase Details

Closed on
Sep 8, 2009
Sold by
Gillombardo John
Bought by
Seg Commercial Llc

Purchase Details

Closed on
Feb 6, 2009
Sold by
Seg Commercial Llc
Bought by
Gillombardo John

Purchase Details

Closed on
Jan 12, 2009
Sold by
Fannie Mae
Bought by
Seg Commercial Llc

Purchase Details

Closed on
Sep 17, 2008
Sold by
Astemborski Jim
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Dec 13, 2005
Sold by
Indiana Resource Network Inc
Bought by
Astemborski Jim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,500
Interest Rate
6.36%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 8, 2004
Sold by
Fannie Mae
Bought by
Indiana Resource Network Inc

Purchase Details

Closed on
Nov 5, 2004
Sold by
Chase Manhttan Mortgage Corp
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Oct 13, 2004
Sold by
Lapsley Jr Jay C and Stevenson Kenneth
Bought by
Chase Manhattan Mortgage Corp

Purchase Details

Closed on
Apr 24, 2002
Sold by
Ford Timmy and Ford Nicole D
Bought by
Lapsley Jr Jay C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$29,600
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage
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
Burns Steve L -- Meridian Title
Hilty Linda M -- Trademark Title
Chernabaeff Sam J $26,900 None Available
Seg Commercial Llc $17,900 None Available
Gillombardo John $17,900 None Available
Seg Commercial Llc -- Title One
Federal National Mortgage Association $29,180 None Available
Astemborski Jim -- --
Indiana Resource Network Inc -- Investors Titlecorp
Federal National Mortgage Association -- --
Chase Manhattan Mortgage Corp $35,644 --
Lapsley Jr Jay C -- Acceleated Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Astemborski Jim $31,500
Previous Owner Lapsley Jr Jay C $29,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2013 10/25/13 Sold $11,000 -59.1% $12 / Sq Ft
10/15/2013 10/15/13 Pending -- -- --
07/14/2013 07/14/13 For Sale $26,900 -- $30 / 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 $1,385 $60,100 $15,700 $44,400
2022 $881 $39,200 $5,900 $33,300
2021 $672 $30,000 $1,500 $28,500
2020 $650 $29,700 $1,600 $28,100
2019 $527 $24,200 $1,600 $22,600
2018 $677 $30,900 $1,600 $29,300
2017 $458 $20,700 $1,600 $19,100
2016 $390 $17,900 $1,600 $16,300
2014 $318 $15,300 $1,800 $13,500
2013 $338 $16,300 $1,800 $14,500
Source: Public Records

Agents Affiliated with this Home

  • John Mattingly

    Seller's Agent in 2013

    John Mattingly

    Perfect Location Realty

    (260) 804-4196

    5 Total Sales

    John Mattingly
    Section Image
See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 201309043

Indiana Regional MLS

APN: 02-12-24-401-001.000-074

Indiana Allen County Fort Wayne 46806 Mount Vernon Park

1022 E Pettit Ave, Fort Wayne, IN

This home is located at 1022 E Pettit Ave, Fort Wayne, IN 46806 since 14 July 2013 and is currently estimated at $90,023, approximately $99 per square foot. This property was built in 1950. 1022 E Pettit Ave is a home located in Allen County with nearby schools including Levan R Scott Academy, Miami 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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