NOT LISTED FOR SALE

1037 Lake Ave Fort Wayne, IN 46805

Northside Neighborhood

Estimated Value: $236,000 - $259,317

4 Beds
3 Baths
3,964 Sq Ft
$63/Sq Ft Est. Value

Last Sold July 15, 2024

Last sale price $248,000 $63 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $1,674/month

73 Days on Market

Highlights

  • Wood Flooring
  • Corner Lot
  • Forced Air Heating System
  • Victorian Architecture

About This Home

As of July 2024

Investors, this one is for you! Beautiful multi-family home with Victorian charm. Two units downstairs and one large one upstairs. Two brand new water heaters. Shared laundry in basement. Rent was as follows - Upstairs $950, down $850, downstairs rear studio $650.

Last Buyer's Agent

Tami Dennon

DBD Homes Management and Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $696

Year Built

  • Built in 1895

Lot Details

  • 3,964 Sq Ft Lot
  • Corner Lot

Home Design

  • Triplex
  • Victorian Architecture
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Wood Flooring
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Parking

  • 3 Parking Spaces
  • On-Street Parking

Location

  • Suburban Location

Schools

  • Brentwood Elementary School
  • Lakeside Middle School
  • North Side High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System

Community Details

  • 3 Units
  • Abbott Subdivision

Listing and Financial Details

  • Assessor Parcel Number 02-12-01-135-023.000-074

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$696

Year Built

Built in 1895

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1895
  • Age: 129
  • Style: Two Story
  • Architectural Style: Victorian
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: Ex N 62 FT lot 125 Lakeside AD D
  • Parcel Number ID: 02-12-01-135-023.000-074
  • Platted: Yes
  • Amenities: Basement
  • Location: City/Town/Suburb
  • Sp Lp Percent: 100
  • Monthly Gross Income: 2450
  • Year Taxes Payable: 696
  • Special Features: None

Interior Features

  • Total Sq Ft: 7325
  • Total Finished Sq Ft: 3964
  • Above Grade Finished Sq Ft: 3964
  • Above Grade Unfinished Sq Ft: 2312
  • Below Grade Sq Ft: 1049
  • Price Per Sq Ft: 62.56
  • Basement: Yes
  • Basement Foundation: Partial Basement
  • Flooring: Wood
  • Total Below Grade Sq Ft: 1049
  • Number Of Ranges Ovens: 3
  • Number Ttl Rooms Below Grade: 10

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 3
  • Parking: Street

Utilities

  • Cooling: Window
  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City
  • Number Of W D Hookups: 1

Schools

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

Lot Info

  • Lot Description: Corner
  • Lot Dimensions: .0910
  • Estimated Lot Sq Ft: 3964
  • Estimated Lot Size Acres: 0.091

Multi Family

  • Gross Monthly Rent: 2450
  • Number Of Dryers: 1
  • Number Of Refrigerators: 3
  • Number Of Units: 3
  • Number Of Washers: 1
  • Num Of1 Bedrooms: 1
  • Num Of2 Bedrooms: 1
  • Number Of 3 Bedrooms: 1
  • Number Of 4 Bedrooms: 1

Tax Info

  • Annual Property Tax: 696

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
Jan 19, 2024
Closed on
Jul 12, 2024
Sold by
Hacker Joshua and Hacker Timothy
Bought by
Hb Realty Llc
Buyer's Agent
Tami Dennon
DBD Homes Management and Real Estate
List Price
$251,900
Sold Price
$248,000
Premium/Discount to List
-$3,900
-1.55%
Views
242
Current Estimated Value
$253,200

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,200
Avg. Annual Appreciation
0.83%

Purchase Details

Closed on
Mar 9, 2020
Sold by
Gillan Leonard
Bought by
Gillian Patrick

Purchase Details

Listed on
Aug 23, 2016
Closed on
Sep 29, 2016
Sold by
Eisaman Real Estate Inc
Bought by
Gillian Leonard
Seller's Agent
Michelle Bright
Eisaman Real Estate Inc
Buyer's Agent
Patrick Gillan
Antrim Group
List Price
$59,900
Sold Price
$55,000
Premium/Discount to List
-$4,900
-8.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.65%

Purchase Details

Closed on
Nov 9, 2010
Sold by
Nieter Daniel P
Bought by
Eisaman Real Estate Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
4.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 15, 2008
Sold by
Briggs Julia F
Bought by
Julia F Briggs Trust
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
Hb Realty Llc $248,000 None Listed On Document
Gillian Patrick -- None Available
Gillian Leonard -- Metropolitan Title Of In
Eisaman Real Estate Inc -- Lawyers Title
Julia F Briggs Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hb Realty Llc $3,869,300
Previous Owner Eisaman Real Estate Inc $233,400
Previous Owner Eisaman Real Estate Inc $40,000
Closed Gillian Patrick $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2024 07/15/24 Sold $248,000 -1.5% $63 / Sq Ft
04/01/2024 04/01/24 Pending -- -- --
01/19/2024 01/19/24 For Sale $251,900 +17.2% $64 / Sq Ft
08/10/2023 08/10/23 Sold $215,000 -4.4% $93 / Sq Ft
07/12/2023 07/12/23 Pending -- -- --
07/06/2023 07/06/23 Price Changed $225,000 -10.0% $97 / Sq Ft
07/05/2023 07/05/23 For Sale $250,000 +354.5% $108 / Sq Ft
09/29/2016 09/29/16 Sold $55,000 -8.2% $24 / Sq Ft
09/13/2016 09/13/16 Pending -- -- --
08/23/2016 08/23/16 For Sale $59,900 -- $26 / 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 $214,300 $27,900 $186,400
2023 $3,304 $144,500 $16,000 $128,500
2022 $2,953 $131,400 $16,900 $114,500
2021 $2,072 $92,500 $4,800 $87,700
2020 $1,974 $90,200 $5,000 $85,200
2019 $1,481 $68,000 $4,400 $63,600
2018 $1,480 $67,500 $4,600 $62,900
2017 $1,301 $58,800 $4,900 $53,900
2016 $1,164 $53,400 $5,200 $48,200
2014 $1,052 $50,600 $6,000 $44,600
2013 $1,536 $74,000 $6,900 $67,100
Source: Public Records

Agents Affiliated with this Home

  • T

    Buyer's Agent in 2024

    Tami Dennon

    DBD Homes Management and Real Estate

    (260) 410-2556

    4 in this area

    41 Total Sales

    Section Image
  • Patrick Gillan

    Seller's Agent in 2023

    Patrick Gillan

    Antrim Group

    (260) 420-5730

    9 in this area

    62 Total Sales

    Section Image

  • M

    Seller's Agent in 2016

    Michelle Bright

    Eisaman Real Estate Inc

  • P

    Seller Co-Listing Agent in 2016

    Paul Eisaman Jr.

    Eisaman Real Estate Inc

    (260) 414-7198

    1 in this area

    39 Total Sales

    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202406922

Indiana Regional MLS

APN: 02-12-01-135-023.000-074

Indiana Allen County Fort Wayne 46805 Northside

1037 Lake Ave, Fort Wayne, IN

This home is located at 1037 Lake Ave, Fort Wayne, IN 46805 since 19 January 2024 and is currently estimated at $250,079, approximately $63 per square foot. This property was built in 1895. 1037 Lake Ave 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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