NOT LISTED FOR SALE

1024 Rivermet Ave Unit 2 Fort Wayne, IN 46805

Northside Neighborhood

Estimated Value: $157,000 - $194,000

3 Beds
2 Baths
2,226 Sq Ft
$82/Sq Ft Est. Value

Last Sold November 19, 2020

Last sale price $144,900 $65 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $1,319/month

2 Days on Market

Highlights

  • Wood Flooring
  • Central Air
  • Level Lot
  • Covered patio or porch

About This Home

As of November 2020

Renters and owners alike will love the uniqueness of these apartments. High ceilings, decorative fireplace, french doors, arched doorways and more. Completely updated, this home has had all new plumbing, updated electrical, new appliances and redesigned and updated kitchens, newer floors and paint, new furnace and central air on second floor, upgraded bathrooms, new water heater and more. The oversized windows bring in a bright open living space to both apartments. Downstairs is a living room and den off the livingroom with french doors and ornamental den. A bathroom sits off the living room with access to the main bedroom. The open concept kitchen is large with eat in kitchen. There is a laundry/ mud room and access to the basement. Upstairs, there is a large kitchen with dining area. The living room is just off the kitchen. The two bedrooms are on the other side of the home and share a bath. The access to the attic is in this apartment. There is a large back yard with storage shed and has off street parking through the alley. Great income potential.

Last Agent to Sell the Property

Kenson Dhanie

Mike Thomas Assoc., Inc Listed on: 10/15/2020

Mike Thomas Assoc., Inc

Last Buyer's Agent

Travis Striggle

Mike Thomas Assoc., Inc

Mike Thomas Assoc., Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,764

Year Built

  • Built in 1905

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 45x150
  • Level Lot

Home Design

  • Duplex
  • Vinyl Construction Material

Interior Spaces

  • 2.5-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Air
  • Window Unit Cooling System
  • Heating System Uses Gas

Additional Features

  • Covered patio or porch
  • Suburban Location

Listing and Financial Details

  • Tenant pays for cable, electric, fuel
  • The owner pays for trash collection, water
  • Assessor Parcel Number 02-12-01-135-006.000-074

Community Details

Overview

  • 2 Units

Pet Policy

  • Pet Restriction

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $840
  • Maintenance Expense $1,027
  • Water Sewer Expense $913

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,764

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1905
  • Age: 115
  • Style: Two Story
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Lot 218 Lakeside Park Add
  • Parcel Number ID: 02-12-01-135-006.000-074
  • Platted: Yes
  • Amenities: Fireplace, Porch Covered
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Section Number: 1
  • Sp Lp Percent: 100
  • Monthly Gross Income: 1410
  • Special Features: None

Interior Features

  • Total Sq Ft: 3284
  • Total Finished Sq Ft: 2226
  • Above Grade Finished Sq Ft: 2226
  • Below Grade Sq Ft: 1058
  • Price Per Sq Ft: 65.09
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Flooring: Carpet, Wood, Vinyl
  • Total Below Grade Sq Ft: 1058
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Vinyl
  • Stories: 2.5

Utilities

  • Cooling: Central Air, Window
  • Heating Fuel: Gas
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 840
  • Annual Maintenance Expense: 1027
  • Annual Water Sewer Expense: 912.84
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Of W D Hookups: 2
  • Number Water Meters: 1

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • School District: Fort Wayne Community
  • Elementary School: Forest Park
  • Middle School: Lakeside
  • High School: North Side

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 45x150
  • Estimated Lot Sq Ft: 6534
  • Estimated Lot Size Acres: 0.15
  • Lot Number: 218

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Trash Collection, Water
  • Tenant Pays: Cable, Electric, Fuel

Multi Family

  • Gross Monthly Rent: 1410
  • Number Of Dishwashers: 1
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of1 Bedrooms: 1
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 1763.86

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2020
Closed on
Dec 30, 2020
Sold by
Gray Chase E
Bought by
Graycraft Investments Llc
Seller's Agent
Kenson Dhanie
Mike Thomas Assoc., Inc
Buyer's Agent
Travis Striggle
Mike Thomas Assoc., Inc
List Price
$144,900
Sold Price
$144,900
Current Estimated Value
$189,096

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,196
Avg. Annual Appreciation
5.13%
Original Mortgage
$123,165
Outstanding Balance
$111,089
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$72,294

Purchase Details

Listed on
Oct 15, 2020
Closed on
Nov 19, 2020
Sold by
Herr Devon L and Herr Debra J
Bought by
Gray Chase E
Seller's Agent
Kenson Dhanie
Mike Thomas Assoc., Inc
Buyer's Agent
Travis Striggle
Mike Thomas Assoc., Inc
List Price
$144,900
Sold Price
$144,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,165
Outstanding Balance
$111,089
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$72,294

Purchase Details

Closed on
Sep 28, 2017
Sold by
Her Devon
Bought by
Herr Devon L and Herr Debra J

Purchase Details

Closed on
Apr 29, 2016
Sold by
The Secretary Of Hsng & Urban Developmen
Bought by
Herr Devon

Purchase Details

Closed on
Dec 9, 2013
Sold by
U S Bank Na
Bought by
The Secretary Of Hsng & Urban Developmen

Purchase Details

Closed on
May 31, 2012
Sold by
Harless Teresa S
Bought by
Us Bank Na

Purchase Details

Closed on
Feb 28, 2007
Sold by
Huser Michael T and Huser Amy K
Bought by
Harless Teresa S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,840
Interest Rate
6.28%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Graycraft Investments Llc -- Titan Title
Gray Chase E -- Fidelity National Ttl Co Llc
Herr Devon L -- None Available
Herr Devon -- None Available
The Secretary Of Hsng & Urban Developmen $51,404 None Available
Us Bank Na $65,600 None Available
Harless Teresa S -- Netco
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gray Chase E $123,165
Previous Owner Harless Teresa S $56,840
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/19/2020 11/19/20 Sold $144,900 0.0% $65 / Sq Ft
10/17/2020 10/17/20 Pending -- -- --
10/15/2020 10/15/20 For Sale $144,900 -- $65 / 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 $3,304 $158,800 $23,900 $134,900
2022 $4,072 $181,200 $27,000 $154,200
2021 $3,393 $151,500 $9,200 $142,300
2020 $1,789 $82,000 $5,300 $76,700
2019 $1,764 $81,000 $6,100 $74,900
2018 $2,104 $96,000 $7,600 $88,400
2017 $1,414 $63,900 $6,200 $57,700
2016 $1,885 $86,500 $9,900 $76,600
2014 $1,482 $71,300 $9,900 $61,400
2013 $1,463 $70,500 $9,900 $60,600
Source: Public Records

Agents Affiliated with this Home

  • Kenson Dhanie

    Seller's Agent in 2020

    Kenson Dhanie

    Mike Thomas Assoc., Inc

    (260) 249-0778

    4 in this area

    169 Total Sales

    Section Image
  • Travis Striggle

    Buyer's Agent in 2020

    Travis Striggle

    Mike Thomas Assoc., Inc

    (260) 414-7940

    2 in this area

    52 Total Sales

    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202041730

Indiana Regional MLS

APN: 02-12-01-135-006.000-074

Indiana Allen County Fort Wayne 46805 Northside

1024 Rivermet Ave Unit 2, Fort Wayne, IN

This home is located at 1024 Rivermet Ave Unit 2, Fort Wayne, IN 46805 since 15 October 2020 and is currently estimated at $181,789, approximately $81 per square foot. This property was built in 1905. 1024 Rivermet Ave Unit 2 is a home located in Allen County with nearby schools including Forest Park Elementary School, Lakeside Middle School, and North Side 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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