NOT LISTED FOR SALE

1034 Lake Ave Fort Wayne, IN 46805

Northside Neighborhood

Estimated Value: $219,411 - $277,000

4 Beds
4 Baths
2,381 Sq Ft
$108/Sq Ft Est. Value

Sale Details

Date Sold: March 8, 2024

Last sale price $212,500 $89 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $1,912 / mo

12 Days on Market

Highlights

  • Forced Air Heating System
  • Community Storage Space
  • Carpet
  • Level Lot

About This Home

As of March 2024

Discover an ideal investment opportunity near downtown Fort Wayne! This fourplex sits in the Lakeside Park subdivision and is in close proximity to numerous parks, restaurants, lively entertainment, and the Rivergreenway walking trail. Open front porch with four fully rented units from $525 to $620/mo. Garage works as storage area for renters, and the driveway extends from Lake Ave to alley for extra parking. Don’t miss out on this promising investment!

Last Agent to Sell the Property

Jared Kent

Anthony REALTORS Brokerage Phone: 260-433-1015 Listed on: 01/31/2024

Last Buyer's Agent

Sean Stinson

E. L. S. Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,821

Year Built

  • Built in 1900

Lot Details

  • 6,750 Sq Ft Lot
  • Lot Dimensions are 45x150
  • Level Lot

Parking

  • 4 Parking Spaces

Home Design

  • Quadruplex

Interior Spaces

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

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Schools

  • Forest Park Elementary School
  • Lakeside Middle School
  • North Side High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electric, heating
  • The owner pays for building insurance, fuel, maintenance, sewer, water
  • Assessor Parcel Number 02-12-01-180-009.000-074

Community Details

Overview

  • 4 Units
  • Lakeside Park Subdivision

Amenities

  • Community Storage Space

Pet Policy

  • Pets Allowed with Restrictions

Building Details

  • Electric Expense $398
  • Fuel Expense $492
  • Insurance Expense $1,468
  • Maintenance Expense $1,251
  • Water Sewer Expense $2,008

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,821

Year Built

Built in 1900

Lot Details

6,750 Sq Ft Lot

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Fourplex
  • Year Built: 1900
  • Style: Two Story
  • Bedrooms: 4
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: LOT 243 LAKESIDE PARK ADD
  • Parcel Number ID: 02-12-01-180-009.000-074
  • Platted: Yes
  • Amenities: Storage
  • Special Features: None

Interior Features

  • Total Sq Ft: 3029
  • Total Finished Sq Ft: 2381
  • Above Grade Finished Sq Ft: 2381
  • Below Grade Sq Ft: 648
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Flooring: Carpet
  • Total Below Grade Sq Ft: 648
  • Number Of Ranges Ovens: 4

Exterior Features

  • Exterior: Aluminum
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 4

Utilities

  • Cooling: Wall AC
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Electric: 397.95
  • Annual Fuel Expense: 492.31
  • Annual Insurance Expense: 1468.03
  • Annual Maintenance Expense: 1250.5
  • Annual Water Sewer Expense: 2008.3
  • Number Of W D Hookups: 1

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • Elementary School: Forest Park

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 45X150
  • Estimated Lot Sq Ft: 6750
  • Estimated Lot Size Acres: 0.16
  • Lot Number: 243

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Building Insurance, Fuel, Maintenance, Sewer, Water
  • Tenant Pays: Electric, Heating

Tax Info

  • Annual Property Tax: 3820.76

Multi Family

  • Number Of Refrigerators: 4
  • Number Of Units: 4
  • Num Of1 Bedrooms: 3
  • Num Of2 Bedrooms: 1

MLS Schools

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2024
Closed on
Mar 13, 2024
Sold by
Bought by
Seller's Agent
Jared Kent
Anthony REALTORS
Buyer's Agent
Sean Stinson
E. L. S. Realty Group
List Price
$219,900
Sold Price
$212,500
Premium/Discount to List
-$7,400
-3.37%
Views
36
Current Estimated Value
$257,137

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,637
Avg. Annual Appreciation
8.72%
Original Mortgage
$318,750
Outstanding Balance
$288,262
Interest Rate
5.94%
Mortgage Type
New Conventional
Estimated Equity
-$31,125

Purchase Details

Closed on
May 10, 2023
Sold by
Bought by

Purchase Details

Closed on
May 3, 2023
Sold by
Bought by

Purchase Details

Closed on
Mar 9, 2022
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,300
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 25, 2018
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,675
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 11, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
5.68%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 31, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
5.31%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$212,500 Centurion Land Title
-- Fidelity National Title
-- Fidelity National Title
$176,000 Centurion Land Title
$116,900 --
$116,900 Centrurion Land Title Inc
-- Commonwealth-Dreibelbiss Tit
-- Commonwealth/Dreibelbiss Tit
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $318,750
Previous Owner $102,300
Previous Owner $87,675
Previous Owner $88,000
Previous Owner $92,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/08/2024 03/08/24 Sold $212,500 -3.4% $89 / Sq Ft
02/12/2024 02/12/24 Pending -- -- --
01/31/2024 01/31/24 For Sale $219,900 -- $92 / Sq Ft
Source: Indiana Regional MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $6,317 $280,700 $36,200 $244,500
2024 $1,805 $261,600 $36,200 $225,400
2023 $3,610 $157,900 $18,600 $139,300
2022 $3,821 $170,000 $23,100 $146,900
2021 $2,250 $98,700 $9,900 $88,800
2020 $2,026 $166,800 $9,900 $156,900
2019 $3,162 $145,200 $9,900 $135,300
2018 $1,083 $49,400 $9,900 $39,500
2017 $1,093 $49,400 $9,900 $39,500
2016 $1,076 $49,400 $9,900 $39,500
2014 $1,525 $73,400 $9,900 $63,500
2013 $1,700 $81,900 $9,900 $72,000
Source: Public Records

Agents Affiliated with this Home

  • Jared Kent

    Seller's Agent in 2024

    Jared Kent

    Anthony REALTORS

    (260) 433-1015

    8 in this area

    155 Total Sales

    Jared Kent
    Section Image

  • S

    Buyer's Agent in 2024

    Sean Stinson

    E. L. S. Realty Group

    (260) 704-1381

    2 in this area

    31 Total Sales

    Sean Stinson
    Section Image
See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 202403047

Indiana Regional MLS

APN: 02-12-01-180-009.000-074

Indiana Allen County Fort Wayne 46805 Northside

1034 Lake Ave, Fort Wayne, IN

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 Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. 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.
Based on information submitted to the MLS GRID

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.