1103 Crescent Ave Fort Wayne, IN 46805
Northside NeighborhoodEstimated payment $2,006/month
Highlights
- Wood Flooring
- Covered Patio or Porch
- Ceiling Fan
- Corner Lot
- Eat-In Kitchen
- 4-minute walk to Lakeside Park & Rose Garden
About This Home
Located just steps from Lakeside Park, this FULLY RENTED FOURPLEX offers a strong investment opportunity in a highly desirable setting. Each of the four units features 1 bedroom and 1 bathroom, complete with common coin laundry in the basement. The property showcases original hardwood floors, adding character and timeless appeal throughout and a newer roof. Tenants pay electricity individually, with separate electric meters for each unit, helping streamline expenses. Currently generating $2,960 per month in rental income, this well-positioned property combines steady cash flow with an attractive location near parks and local amenities. A solid addition to any investment portfolio!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,840
Year Built
- Built in 1900
Lot Details
- 4,700 Sq Ft Lot
- Lot Dimensions are 47x100
- Corner Lot
- Level Lot
Home Design
- Quadruplex
- Brick Foundation
- Shingle Roof
- Asphalt Roof
- Vinyl Construction Material
Interior Spaces
- 2-Story Property
- Ceiling Fan
- Wood Flooring
- Fire and Smoke Detector
- Eat-In Kitchen
- Washer Hookup
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Full Bathrooms
Unfinished Basement
- Basement Fills Entire Space Under The House
- Laundry in Basement
Parking
- On-Street Parking
- Off-Street Parking
Schools
- Forest Park Elementary School
- Lakeside Middle School
- North Side High School
Utilities
- Baseboard Heating
- Gas Water Heater
Additional Features
- Covered Patio or Porch
- Suburban Location
Listing and Financial Details
- The owner pays for building insurance, fuel, lawn maintenance, maintenance, snow removal, tax, trash collection, water
- Assessor Parcel Number 02-12-01-203-019.000-074
- Seller Concessions Not Offered
Community Details
Overview
- 4 Units
Pet Policy
- Pets Allowed with Restrictions
Building Details
- 4 Separate Electric Meters
- 1 Separate Water Meter
- Fuel Expense $400
- Insurance Expense $1,650
- Maintenance Expense $2,000
- Water Sewer Expense $1,800
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2025 | $4,840 | $206,400 | $24,700 | $181,700 |
| 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 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/06/2026 03/06/26 | For Sale | $299,900 | +33.3% | $101 / Sq Ft | |
| 07/21/2022 07/21/22 | Sold | $225,000 | 0.0% | $75 / Sq Ft | View Prior Sale |
| 07/10/2022 07/10/22 | Pending | -- | -- | -- | |
| 07/08/2022 07/08/22 | For Sale | $225,000 | -- | $75 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document | |
| Warranty Deed | -- | Fidelity National Title | |
| Quit Claim Deed | -- | Hofer Alan K | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | Three Rivers Title Company I | |
| Quit Claim Deed | -- | Three Rivers Title Company I |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $66,500 | Commercial |
Source: Indiana Regional MLS
MLS Number: 202607066
APN: 02-12-01-203-019.000-074
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Ask me questions while you tour the home.