NOT LISTED FOR SALE

Estimated Value: $255,000 - $273,000

4 Beds
4 Baths
2,984 Sq Ft
$88/Sq Ft Est. Value

Last Sold July 21, 2022

Last sale price $225,000 $75 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $1,795/month

2 Days on Market

Highlights

  • Colonial Architecture
  • Corner Lot
  • Baseboard Heating
  • Wood Flooring
  • Ceiling height of 9 feet or more
  • 4-minute walk to Lakeside Park & Rose Garden

About This Home

As of July 2022

05 Money maker across the street from the Lakeside Pond, steps from the Rose Gardens, and a short walk to downtown. Four 1 bed, 1 bath units. 3 Have remodeled kitchens. All have original hardwood floors. Newer roof shingles. All have separate electrical meters. laundry in the basement. Fully occupied. OFFER IN HAND WITH A 9PM DEADLINE.

Last Listed By

JB Langas

Hansen Langas, REALTORS & Appraisers Listed on: 07/08/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,987

Year Built

  • Built in 1900

Lot Details

  • 4,800 Sq Ft Lot
  • Lot Dimensions are 48 x 100
  • Corner Lot

Home Design

  • Quadruplex
  • Colonial Architecture
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Parking

  • On-Street Parking
  • Off-Street Parking

Schools

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

Additional Features

  • Suburban Location
  • Baseboard Heating

Listing and Financial Details

  • Tenant pays for cable, cooling, heating
  • The owner pays for building insurance, maintenance, sewer, water
  • Assessor Parcel Number 02-12-01-203-019.000-074

Community Details

Overview

  • 4 Units

Pet Policy

  • Pet Restriction

Building Details

  • 4 Separate Electric Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,130
  • Maintenance Expense $500
  • Water Sewer Expense $1,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,987

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Fourplex
  • Year Built: 1900
  • Age: 122
  • Style: Two Story
  • Architectural Style: Colonial
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: EX W 48FT LOT 420 LAKESIDE PARK ADD
  • Parcel Number ID: 02-12-01-203-019.000-074
  • Platted: Yes
  • Amenities: Basement, Ceiling-9+, Deck Open
  • Cross Street: Lake ave
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Sp Lp Percent: 100
  • Zoning Description: Multifamily
  • Monthly Gross Income: 2065
  • Year Taxes Payable: 2021
  • Special Features: None

Interior Features

  • Total Sq Ft: 4488
  • Total Finished Sq Ft: 2984
  • Above Grade Finished Sq Ft: 2984
  • Below Grade Sq Ft: 1504
  • Price Per Sq Ft: 75.4
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Basement Material: Poured Concrete
  • Flooring: Wood
  • Total Below Grade Sq Ft: 1504
  • Number Of Ranges Ovens: 4

Exterior Features

  • Exterior: Aluminum
  • Roof Material: Asphalt
  • Stories: 2

Garage/Parking

  • Parking: Off Street, Street

Utilities

  • Heating Fuel: Electricity, Baseboard
  • Sewer: City
  • Water Utilities: City
  • Electric Company: AEP/I&M
  • Water Company: Fort Wayne City Utilities
  • Annual Insurance Expense: 1130
  • Annual Maintenance Expense: 500
  • Annual Water Sewer Expense: 1200
  • Number Electric Meters: 4
  • Number Of W D Hookups: 1
  • 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
  • Elementary School: Forest Park

Lot Info

  • Lot Description: Corner
  • Lot Dimensions: 48 x 100
  • Estimated Lot Sq Ft: 4800
  • Estimated Lot Size Acres: 0.11

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Building Insurance, Maintenance, Sewer, Water
  • Tenant Pays: Cable, Cooling, Heating

Multi Family

  • Gross Monthly Rent: 2065
  • Number Of Dryers: 1
  • Number Of Refrigerators: 4
  • Number Of Units: 4
  • Number Of Washers: 1
  • Num Of1 Bedrooms: 4
  • Num Of Units Rented: 4

Tax Info

  • Annual Property Tax: 1987

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
Jul 8, 2022
Closed on
Aug 11, 2022
Sold by
Chan Andrew
Bought by
Cmah Group Llc
Seller's Agent
JB Langas
Hansen Langas, REALTORS & Appraisers
Buyer's Agent
Patrick Gillan
Antrim Group
List Price
$225,000
Sold Price
$225,000
Total Days on Market
2
Current Estimated Value
$263,475

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,475
Avg. Annual Appreciation
5.82%

Purchase Details

Listed on
Jul 8, 2022
Closed on
Jul 19, 2022
Sold by
Measley Julie A
Bought by
Chan Andrew
Seller's Agent
JB Langas
Hansen Langas, REALTORS & Appraisers
Buyer's Agent
Patrick Gillan
Antrim Group
List Price
$225,000
Sold Price
$225,000

Purchase Details

Closed on
Jul 26, 2013
Sold by
Measley Jana
Bought by
Measley Jana and Finn Julie A

Purchase Details

Closed on
Jan 27, 2011
Sold by
Hoover Lori A
Bought by
Measley Jana

Purchase Details

Closed on
Apr 9, 2001
Sold by
Measley Jana
Bought by
Hoover Lori A and Measley Jana L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,500
Interest Rate
7.05%
Mortgage Type
Commercial

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
Cmah Group Llc -- --
Chan Andrew $225,000 Fidelity National Title
Measley Jana -- None Available
Measley Jana -- None Available
Hoover Lori A -- Three Rivers Title Company I
Measley Jana -- Three Rivers Title Company I
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Measley Jana L $86,800
Previous Owner Measley Jana L $97,600
Previous Owner Measley Jana $66,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2022 07/21/22 Sold $225,000 0.0% $75 / Sq Ft
07/10/2022 07/10/22 Pending -- -- --
07/08/2022 07/08/22 For Sale $225,000 -- $75 / 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 $4,012 $211,700 $27,300 $184,400
2022 $2,946 $131,100 $15,300 $115,800
2021 $2,894 $129,200 $6,100 $123,100
2020 $1,987 $90,800 $4,600 $86,200
2019 $1,420 $65,200 $8,300 $56,900
2018 $1,429 $65,200 $8,300 $56,900
2017 $1,442 $65,200 $8,300 $56,900
2016 $1,421 $65,200 $8,300 $56,900
2014 $1,631 $78,500 $7,700 $70,800
2013 -- $78,500 $7,700 $70,800
Source: Public Records

Agents Affiliated with this Home

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Source: Indiana Regional MLS

MLS Number: 202227916

Indiana Regional MLS

APN: 02-12-01-203-019.000-074