NOT LISTED FOR SALE

1026 McKinnie Ave Fort Wayne, IN 46806

Pettit-Rudisill Neighborhood

Estimated Value: $47,000 - $74,969

2 Beds
1 Bath
756 Sq Ft
$83/Sq Ft Est. Value

Last Sold September 06, 2023

Last sale price $44,000 $58 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $468/month

20 Days on Market

Highlights

  • Forced Air Heating System
  • Carpet
  • 1-Story Property
  • Level Lot

About This Home

As of September 2023

Wonderful investment opportunity near the heart of Fort Wayne! Surrounded by various parks and plenty of popular restaurants. Close proximity to the ’07 and all it offers. Unit rents for $675/mo. A smart move for your investment plans in a hot market.

Last Agent to Sell the Property

Jared Kent

Anthony REALTORS Brokerage Phone: 260-433-1015 Listed on: 08/09/2023

Last Buyer's Agent

Athway Freeda

eXp Realty, LLC

eXp Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $742

Year Built

  • Built in 1945

Lot Details

  • 6,210 Sq Ft Lot
  • Lot Dimensions are 46x135
  • Level Lot

Parking

  • 1 Parking Space

Home Design

  • Concrete Siding

Interior Spaces

  • 1-Story Property
  • Carpet
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Abbett Elementary School
  • Lane Middle School
  • South Side High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • Mount Vernon Park Subdivision
  • Insurance Expense $600

Listing and Financial Details

  • Tenant pays for electric, fuel, heating, sewer, trash collection, water
  • Assessor Parcel Number 02-12-24-201-010.000-074

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$742

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Year Built: 1945
  • Age: 78
  • Style: One Story
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: LOT 3 MOUNT VERNON PARK ADDITION
  • Parcel Number ID: 02-12-24-201-010.000-074
  • Platted: Yes
  • Sp Lp Percent: 73.46
  • Monthly Gross Income: 675
  • Year Taxes Payable: 2023
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 1512
  • Total Finished Sq Ft: 756
  • Above Grade Finished Sq Ft: 756
  • Below Grade Sq Ft: 756
  • Price Per Sq Ft: 58.2
  • Basement Foundation: Full Basement
  • Flooring: Carpet
  • Total Below Grade Sq Ft: 756
  • Number Of Ranges Ovens: 1

Exterior Features

  • Exterior: Concrete
  • Stories: 1

Garage/Parking

  • Number Of Parking Spaces: 1

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 600
  • Number Of W D Hookups: 1

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 46X135
  • Estimated Lot Sq Ft: 6210
  • Estimated Lot Size Acres: 0.14
  • Lot Number: 3

Rental Info

  • Lease Term: 1 Year
  • Tenant Pays: Electric, Fuel, Heating, Sewer, Trash Collection, Water

Multi Family

  • Gross Monthly Rent: 675
  • Number Of Refrigerators: 1
  • Number Of Units: 1
  • Num Of2 Bedrooms: 1
  • Num Of Units Rented: 1

Tax Info

  • Annual Property Tax: 742

MLS Schools

  • High School: South Side
  • Middle School: Lane
  • School District: Fort Wayne Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2023
Closed on
Sep 6, 2023
Sold by
Mass Bros Llc
Bought by
Snsze Llc
Seller's Agent
Jared Kent
Anthony REALTORS
Buyer's Agent
Athway Freeda
eXp Realty, LLC
List Price
$69,900
Sold Price
$44,000
Premium/Discount to List
-$25,900
-37.05%
Views
125
Current Estimated Value
$62,990

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,990
Avg. Annual Appreciation
19.13%

Purchase Details

Closed on
May 13, 2022
Sold by
Massarweh Faysal
Bought by
Mass Bros Llc

Purchase Details

Closed on
Mar 12, 2019
Sold by
Property X Llc
Bought by
Massarweh Faysal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
4.4%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Oct 18, 2017
Sold by
Lewis James David
Bought by
Menefee Kevin Dwayne

Purchase Details

Closed on
Oct 13, 2017
Sold by
Menefee Kevin Dwayne
Bought by
Property X Llc

Purchase Details

Closed on
Oct 6, 2017
Sold by
David Lewis James
Bought by
Dwayne Menefee Kevin

Purchase Details

Closed on
May 18, 2009
Sold by
Secretary Of Housing & Urban Development
Bought by
Lewis James David

Purchase Details

Closed on
Nov 14, 2008
Sold by
Midfirst Bank
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Jul 22, 2008
Sold by
Hud
Bought by
Midfirst Bank

Purchase Details

Closed on
Jan 23, 2008
Sold by
Midfirst Bank
Bought by
Hud

Purchase Details

Closed on
Nov 29, 2001
Sold by
Tranbarger Dalen and Tranbarger Laura
Bought by
Ames Charles B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,966
Interest Rate
6.6%
Mortgage Type
FHA
Source: Public Records

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 Buyer Sale Price Title Company
Snsze Llc -- Trademark Title Services
Mass Bros Llc -- None Listed On Document
Massarweh Faysal $27,166 Trademark Title
Menefee Kevin Dwayne -- None Available
Property X Llc $12,000 Centurion Land Title Icn
Dwayne Menefee Kevin $15,000 --
Lewis James David -- None Available
Secretary Of Housing & Urban Development -- None Available
Midfirst Bank -- None Available
Hud -- None Available
Midfirst Bank $36,398 None Available
Ames Charles B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Massarweh Faysal $165,000
Previous Owner Ames Charles B $28,966
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2023 09/06/23 Sold $44,000 -26.5% $58 / Sq Ft
08/29/2023 08/29/23 Pending -- -- --
08/17/2023 08/17/23 Price Changed $59,900 -14.3% $79 / Sq Ft
08/09/2023 08/09/23 For Sale $69,900 -- $92 / 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 $1,616 $50,400 $9,600 $40,800
2023 $1,616 $70,700 $7,000 $63,700
2022 $1,373 $61,100 $7,000 $54,100
2021 $880 $39,300 $1,400 $37,900
2020 $742 $33,900 $1,400 $32,500
2019 $520 $23,900 $1,200 $22,700
2018 $467 $21,300 $1,000 $20,300
2017 $518 $23,400 $1,400 $22,000
2016 $453 $20,800 $1,400 $19,400
2014 $384 $18,500 $1,400 $17,100
2013 $145 $18,400 $1,400 $17,000
Source: Public Records

Agents Affiliated with this Home

  • Jared Kent

    Seller's Agent in 2023

    Jared Kent

    Anthony REALTORS

    (260) 433-1015

    3 in this area

    159 Total Sales

    Jared Kent
    Section Image
  • Athway Freeda

    Buyer's Agent in 2023

    Athway Freeda

    eXp Realty, LLC

    (260) 740-4986

    30 in this area

    168 Total Sales

    Athway Freeda
    Section Image
See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 202328280

Indiana Regional MLS

APN: 02-12-24-201-010.000-074

Indiana Allen County Fort Wayne 46806 Pettit-Rudisill

1026 McKinnie Ave, Fort Wayne, IN

This home is located at 1026 McKinnie Ave, Fort Wayne, IN 46806 since 09 August 2023 and is currently estimated at $62,990, approximately $83 per square foot. This property was built in 1945. 1026 McKinnie Ave is a home located in Allen County with nearby schools including Merle J Abbett Elementary School, Lane Middle School, and South 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.

Nearby Homes