NOT LISTED FOR SALE

1024 Franklin Ave Fort Wayne, IN 46808

Nebraska Neighborhood

Estimated Value: $97,000 - $125,707

2 Beds
1 Bath
760 Sq Ft
$144/Sq Ft Est. Value

Last Sold March 24, 2023

Last sale price $70,000 $92 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $743/month

26 Days on Market

Highlights

  • Ranch Style House
  • Forced Air Heating and Cooling System
  • Vinyl Flooring
  • 2 Car Detached Garage
  • Level Lot

About This Home

As of March 2023

Newly updated home less than 2 miles from Promenade Park and The Landing. Home was updated in 2020 with new electrical, water heater, interior paint, luxury vinyl floors throughout and vinyl siding. Would make a great starter home or investment property as a rental.

Last Agent to Sell the Property

Joseph Wootan

List With Freedom.com LLC Listed on: 02/05/2023

Last Buyer's Agent

Terri Sonner

Life Key Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,467

Year Built

  • Built in 1925

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 35x93
  • Level Lot

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Ranch Style House
  • Poured Concrete
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • Vinyl Flooring
  • Unfinished Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • Papes Subdivision

Listing and Financial Details

  • Assessor Parcel Number 02-12-03-285-006.000-074

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,467

Year Built

Built in 1925

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1925
  • Age: 98
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 4
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: LOT 5 PAPES 2ND ADD
  • Parcel Number ID: 02-12-03-285-006.000-074
  • Platted: Yes
  • Road Access: City
  • Road Surface: Paved
  • Sp Lp Percent: 81.49
  • Year Taxes Payable: 2021
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 760
  • Total Finished Sq Ft: 760
  • Above Grade Finished Sq Ft: 760
  • Price Per Sq Ft: 92.11
  • Basement: Yes
  • Basement Foundation: Unfinished
  • Basement Material: Poured Concrete
  • Flooring: Vinyl
  • Living Great Room: Dimensions: 13x13, On Level: Main
  • Kitchen: Dimensions: 9x8, On Level: Main
  • Bedroom 1: Dimensions: 11x13, On Level: Main
  • Bedroom 2: Dimensions: 10x13, On Level: Main
  • Main Level Sq Ft: 760
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Outbuilding1: None

Garage/Parking

  • Driveway: Concrete
  • Garage Type: Detached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 10x15
  • Garage Sq Ft: 150
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Public
  • Water Utilities: Public
  • Electric Company: AEP/I&M

Schools

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

Lot Info

  • Lot Description: Level, 0-2.9999
  • Lot Dimensions: 35X93
  • Estimated Lot Sq Ft: 10890
  • Estimated Lot Size Acres: 0.25
  • Lot Number: 5

Tax Info

  • Annual Taxes: 1467
  • Total Assessed Value: 71600

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
Feb 5, 2023
Closed on
Mar 23, 2023
Sold by
Sovereign Dfw Llc
Bought by
Only Jesus Way Trust
Seller's Agent
Joseph Wootan
List With Freedom.com LLC
Buyer's Agent
Terri Sonner
Life Key Realty
List Price
$94,900
Sold Price
$70,000
Premium/Discount to List
-$24,900
-26.24%
Views
292
Current Estimated Value
$109,177

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,177
Avg. Annual Appreciation
14.96%

Purchase Details

Listed on
Jan 28, 2020
Closed on
Apr 7, 2020
Sold by
Olive Tree Properties Llc
Bought by
Sovereign Dfw Llc
Seller's Agent
Richard Fletcher
North Eastern Group Realty
Buyer's Agent
Richard Fletcher
North Eastern Group Realty
List Price
$59,900
Sold Price
$53,000
Premium/Discount to List
-$6,900
-11.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.89%
Original Mortgage
$43,000
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 1, 2019
Closed on
Dec 12, 2019
Sold by
Wcc Properties Llc
Bought by
Olive Tree Properties Llc
Seller's Agent
April West
Scheerer McCulloch Real Estate
Buyer's Agent
April West
Scheerer McCulloch Real Estate
List Price
$34,900
Sold Price
$22,000
Premium/Discount to List
-$12,900
-36.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1335.92%

Purchase Details

Listed on
Nov 1, 2019
Closed on
Oct 31, 2019
Sold by
Marino Dawn M and Estate Of Kelly Marino
Bought by
Wcc Properties Llc
Seller's Agent
April West
Scheerer McCulloch Real Estate
Buyer's Agent
April West
Scheerer McCulloch Real Estate
List Price
$34,900
Sold Price
$22,000
Premium/Discount to List
-$12,900
-36.96%
Source: Public Records

Range of Values:

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Average Value
Not Available
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

Date Buyer Sale Price Title Company
Only Jesus Way Trust $80,000 --
Sovereign Dfw Llc -- None Available
Olive Tree Properties Llc -- None Available
Wcc Properties Llc $10,000 Trademark Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sovereign Dfw Llc $121,000
Closed Sovereign Dfw Llc $175,000
Closed Sovereign Dfw Llc $43,000
Closed Sovereign Dfw Llc $43,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2023 03/24/23 Sold $70,000 -18.5% $92 / Sq Ft
03/03/2023 03/03/23 Pending -- -- --
02/18/2023 02/18/23 Price Changed $85,900 -4.4% $113 / Sq Ft
02/09/2023 02/09/23 Price Changed $89,900 -5.3% $118 / Sq Ft
02/05/2023 02/05/23 For Sale $94,900 +79.1% $125 / Sq Ft
04/10/2020 04/10/20 Sold $53,000 -11.5% $70 / Sq Ft
02/27/2020 02/27/20 Pending -- -- --
01/28/2020 01/28/20 For Sale $59,900 +172.3% $79 / Sq Ft
12/12/2019 12/12/19 Sold $22,000 -26.4% $29 / Sq Ft
12/02/2019 12/02/19 Pending -- -- --
11/11/2019 11/11/19 Price Changed $29,900 -14.3% $39 / Sq Ft
11/07/2019 11/07/19 For Sale $34,900 0.0% $46 / Sq Ft
11/06/2019 11/06/19 Pending -- -- --
11/01/2019 11/01/19 For Sale $34,900 -- $46 / 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 $1,781 $79,100 $7,500 $71,600
2022 $1,609 $71,600 $7,500 $64,100
2021 $1,353 $60,400 $6,000 $54,400
2020 $1,166 $53,300 $6,000 $47,300
2019 $0 $38,900 $6,000 $32,900
2018 $0 $36,500 $6,000 $30,500
2017 $0 $32,500 $6,000 $26,500
2016 -- $31,100 $6,000 $25,100
2014 -- $32,600 $6,000 $26,600
2013 -- $32,900 $6,000 $26,900
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2023

    Joseph Wootan

    List With Freedom.com LLC

    (855) 456-4945

    1 in this area

    589 Total Sales

    Joseph Wootan
    Section Image

  • T

    Buyer's Agent in 2023

    Terri Sonner

    Life Key Realty

    (260) 701-9384

    3 in this area

    37 Total Sales

    Terri Sonner
    Section Image
  • Richard Fletcher

    Seller's Agent in 2020

    Richard Fletcher

    North Eastern Group Realty

    (260) 414-1937

    214 Total Sales

    Richard Fletcher
    Section Image
  • April West

    Seller's Agent in 2019

    April West

    Scheerer McCulloch Real Estate

    (260) 415-1197

    3 in this area

    297 Total Sales

    April West
    Section Image
See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 202303294

Indiana Regional MLS

APN: 02-12-03-285-006.000-074

Indiana Allen County Fort Wayne 46808 Nebraska

1024 Franklin Ave, Fort Wayne, IN

This home is located at 1024 Franklin Ave, Fort Wayne, IN 46808 since 05 February 2023 and is currently estimated at $109,177, approximately $143 per square foot. This property was built in 1925. 1024 Franklin Ave 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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