NOT LISTED FOR SALE

Estimated Value: $187,000 - $242,142

4 Beds
2 Baths
1,960 Sq Ft
$111/Sq Ft Est. Value

Last Sold August 02, 2019

Last sale price $118,500 $60 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $1,361/month

1 Day on Market

Highlights

  • Wood Flooring
  • Covered Patio or Porch
  • 2 Car Detached Garage
  • Corner Lot
  • Balcony
  • Walk-In Closet

About This Home

As of August 2019

This home is located at 1037 Columbia Ave, Fort Wayne, IN 46805 since 28 May 2019 and is currently estimated at $217,036, approximately $110 per square foot. This property was built in 1910. 1037 Columbia Ave is a home located in Allen County with nearby schools including Forest Park Elementary School, Lakeside Middle School, and North Side High School.

Last Agent to Sell the Property

Michael Fries

Mike Thomas Assoc., Inc Listed on: 05/28/2019

Mike Thomas Assoc., Inc

Last Buyer's Agent

Michael Fries

Mike Thomas Assoc., Inc Listed on: 05/28/2019

Mike Thomas Assoc., Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,229

Year Built

  • Built in 1910

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 45 x 100
  • Landscaped
  • Corner Lot

Home Design

  • Duplex
  • Poured Concrete
  • Wood Siding
  • Vinyl Construction Material

Interior Spaces

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

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Chute
  • Washer Hookup

Parking

  • 2 Car Detached Garage
  • Off-Street Parking

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Schools

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

Utilities

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

Listing and Financial Details

  • Tenant pays for cable, cooling, electric, fuel, heating, lawn maintenance, sewer, trash collection, water
  • The owner pays for building insurance
  • Assessor Parcel Number 02-12-01-180-023.000-074

Community Details

Overview

  • 2 Units
  • Lakeside Park Subdivision

Building Details

  • Electric Expense $2,000
  • Fuel Expense $2,000
  • Insurance Expense $1,800
  • Maintenance Expense $800
  • Trash Expense $240
  • Water Sewer Expense $2,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,229

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1910
  • Age: 109
  • Style: Two Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: S 100 FT LOT 253 LAKESIDE PARK ADD
  • Parcel Number ID: 02-12-01-180-023.000-074
  • Platted: Yes
  • Amenities: Basement, Ceiling Fan, Off Street Parking, Near Walking Trail, Balcony, Closet(s) Walk-in, Landscaped, Laundry-Chute, Porch Covered, Water Heater Gas, Washer Hook-Up
  • Inside City Limits: Yes
  • Sp Lp Percent: 102.16
  • Annual Miscellaneous: 200
  • Monthly Gross Income: 1250
  • Year Taxes Payable: 2019
  • Special Features: None

Interior Features

  • Total Sq Ft: 2940
  • Total Finished Sq Ft: 1960
  • Above Grade Finished Sq Ft: 1960
  • Below Grade Sq Ft: 980
  • Price Per Sq Ft: 60.46
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Basement Material: Poured Concrete
  • Flooring: Part Carpet, Wood
  • Total Below Grade Sq Ft: 980
  • Number Of Disposals: 2
  • Number Of Microwaves: 2
  • Number Of Ranges Ovens: 2
  • Number Ttl Rooms Below Grade: 2

Exterior Features

  • Exterior: Vinyl, Wood
  • Stories: 2
  • Outbuilding Sq Ft: 324

Garage/Parking

  • Number Of Parking Spaces: 2

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Electric: 2000
  • Annual Fuel Expense: 2000
  • Annual Insurance Expense: 1800
  • Annual Maintenance Expense: 800
  • Annual Trash Expense: 240
  • Annual Water Sewer Expense: 2500
  • Number Of W D Hookups: 2

Schools

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

Lot Info

  • Lot Description: Corner
  • Lot Dimensions: 45 x 100
  • Estimated Lot Sq Ft: 4356
  • Estimated Lot Size Acres: 0.1

Rental Info

  • Lease Term: 1 Year, Month to Month
  • Owner Pays: Building Insurance
  • Tenant Pays: Cable, Cooling, Electric, Fuel, Heating, Lawn Maintenance, Sewer, Trash Collection, Water

Multi Family

  • Gross Monthly Rent: 1250
  • Number Of Dishwashers: 2
  • Number Of Dryers: 2
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Number Of Washers: 2
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 2229.26

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2019
Closed on
Aug 2, 2019
Sold by
Close Barry J and Close Donna J
Bought by
Aghabekian Thpomas Schuyler
Seller's Agent
Michael Fries
Mike Thomas Assoc., Inc
Buyer's Agent
Michael Fries
Mike Thomas Assoc., Inc
List Price
$116,000
Sold Price
$118,500
Premium/Discount to List
$2,500
2.16%
Current Estimated Value
$210,643

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,143
Avg. Annual Appreciation
9.77%
Original Mortgage
$88,875
Interest Rate
3.6%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Aghabekian Thpomas Schuyler $118,500 Liberty Title & Escrow Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aghabekian Thomas Schuyler $112,000
Previous Owner Aghabekian Thpomas Schuyler $88,875
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2019 08/02/19 Sold $118,500 +2.2% $60 / Sq Ft
05/29/2019 05/29/19 Pending -- -- --
05/28/2019 05/28/19 For Sale $116,000 -- $59 / 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 $2,480 $231,000 $29,700 $201,300
2022 $3,186 $142,100 $17,900 $124,200
2021 $2,253 $100,900 $5,100 $95,800
2020 $2,504 $114,700 $6,300 $108,400
2019 $2,329 $107,200 $8,100 $99,100
2018 $2,229 $101,700 $8,100 $93,600
2017 $1,874 $84,700 $8,100 $76,600
2016 $1,772 $81,300 $8,100 $73,200
2014 $1,388 $66,800 $8,100 $58,700
2013 $1,370 $66,000 $8,100 $57,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201921401

Indiana Regional MLS

APN: 02-12-01-180-023.000-074