NOT LISTED FOR SALE

1104 W Wayne St Fort Wayne, IN 46802

West Central Neighborhood

Estimated Value: $377,000 - $491,394

5 Beds
5 Baths
2,600 Sq Ft
$173/Sq Ft Est. Value

Last Sold April 23, 2021

Last sale price $353,500 $136 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $3,006/month

37 Days on Market

Highlights

  • Wood Flooring
  • Covered Patio or Porch
  • Forced Air Heating and Cooling System
  • Corner Lot
  • Entrance Foyer
  • 5-minute walk to Moody Park

About This Home

As of April 2021

THIS PROPERTY WILL SELL AT PUBLIC AUCTION - SATURDAY, MARCH 13TH AT 10:00 AM. The auction will be held at the Courtyard by Marriott located at 1150 S. Harrison St., downtown Fort Wayne. OPEN HOUSES: Wednesday, February 24th from 5:00 pm to 6:00 pm & Sunday, February 28th from 1:00 to 2:00 pm. This property will be sold in conjunction with 7 other investment properties owned by the Estate of John Silverman. Each property will be offered individually, in combination and as an entire package. This fourplex is located in the heart of West Central and was completely redone by the previous owner. The units in this building are in excellent condition. The gas and electric are separated and tenants pay for heat and electric. Landlord pays for water and trash. If you are looking for an excellent investment property make sure you take a look at this one. TERMS: This property is being sold "As-Is" and "Where-Is" - The property is being sold for cash, in the event that a Buyer is obtaining financing, financing must be arranged prior to auction. An non-refundable earnest money deposit in the amount of 10% will be required day of the auction. Real Estate taxes shall be prorated. The Seller will provide the Buyer with an Owners Policy of Title Insurance in the amount of the purchase price. This property will fall in a price range affordable to many - Inspect, Arrange Financing and Come Prepared to Bid your Price on Auction Day.

Last Agent to Sell the Property

Brandon Steffen

Steffen Group Listed on: 02/04/2021

Last Buyer's Agent

Pamela Waller

RE/MAX Integrity

RE/MAX Integrity

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,834

Year Built

  • Built in 1930

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 50x110
  • Corner Lot
  • Level Lot

Home Design

  • Quadruplex
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Entrance Foyer
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Full Bathrooms

Outdoor Features

  • Covered Patio or Porch

Utilities

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

Listing and Financial Details

  • Tenant pays for cooling, electric, heating
  • The owner pays for lawn maintenance, maintenance, sewer, trash collection, water
  • Assessor Parcel Number 02-12-03-486-014.000-074

Community Details

Overview

  • 4 Units

Pet Policy

  • Pet Restriction

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,834

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Fourplex
  • Year Built: 1930
  • Age: 91
  • Style: Two Story
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 5
  • Total Bathrooms: 5
  • Total Full Bathrooms: 5
  • Legal Description: Lot 210 Ex N 40' Rockhills 1st Amended Addtion
  • Parcel Number ID: 02-12-03-486-014.000-074
  • Platted: Yes
  • Amenities: Basement, Near Walking Trail, Foyer Entry, Porch Covered, Water Heater Gas
  • Sp Lp Percent: 100
  • Monthly Gross Income: 2250
  • Special Features: None

Interior Features

  • Total Sq Ft: 3720
  • Total Finished Sq Ft: 2600
  • Above Grade Finished Sq Ft: 2600
  • Below Grade Sq Ft: 1120
  • Price Per Sq Ft: 135.96
  • Basement: Yes
  • Basement Foundation: Full Basement, Unfinished
  • Flooring: Wood, Tile
  • Main Level Sq Ft: 1480
  • Total Below Grade Sq Ft: 1120
  • Number Of Ranges Ovens: 4

Exterior Features

  • Exterior: Wood
  • Stories: 2

Utilities

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

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • School District: Fort Wayne Community
  • Elementary School: Washington
  • Middle School: Miami
  • High School: Wayne

Lot Info

  • Lot Description: Corner, Level
  • Lot Dimensions: 50x110
  • Estimated Lot Sq Ft: 5663
  • Estimated Lot Size Acres: 0.13
  • Lot Number: 210

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Lawn Maintenance, Maintenance, Sewer, Trash Collection, Water
  • Tenant Pays: Cooling, Electric, Heating

Multi Family

  • Gross Monthly Rent: 2250
  • Number Of Dryers: 1
  • Number Of Refrigerators: 4
  • Number Of Units: 4
  • Number Of Washers: 1
  • Num Of1 Bedrooms: 3
  • Num Of2 Bedrooms: 1
  • Num Of Units Rented: 4

Tax Info

  • Annual Property Tax: 3834

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2021
Closed on
Apr 22, 2021
Sold by
Silverman Geoffrey and Wetzel Rachel
Bought by
Hyphy Realty Llc
Seller's Agent
Brandon Steffen
Steffen Group
Buyer's Agent
Pamela Waller
RE/MAX Integrity
List Price
$353,500
Sold Price
$353,500
Current Estimated Value
$450,465

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,965
Avg. Annual Appreciation
5.67%
Original Mortgage
$280,000
Outstanding Balance
$256,068
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$193,036

Purchase Details

Closed on
Sep 25, 2019
Sold by
Jc Silverman Properties Llc
Bought by
Silverman John C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,600
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 13, 2015
Sold by
Silverman John C and Armato Lisa M
Bought by
Jc Silverman Properties Llc and Silverman

Purchase Details

Closed on
Jun 30, 2014
Sold by
Silverman John C
Bought by
Silverman John C and Armato Lisa Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,500
Interest Rate
4.13%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 21, 2014
Sold by
Jc Silverman Properties Llc
Bought by
Silverman John C

Purchase Details

Closed on
Dec 30, 2013
Sold by
Silverman John C
Bought by
Jc Silverman Properties Llc

Purchase Details

Closed on
May 9, 2013
Sold by
J S & T Corp
Bought by
Silverman John C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
3.56%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Feb 13, 2006
Sold by
Brick Properties Llc
Bought by
J S & T Corp

Purchase Details

Closed on
Nov 9, 2005
Sold by
Miller Timothy and Miller Susan Jill
Bought by
Brick Properties Llc

Purchase Details

Closed on
Sep 10, 2001
Sold by
Sordelet Richard
Bought by
Miller Timothy and Miller Susan Jill

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,600
Interest Rate
7.9%
Mortgage Type
Commercial
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
Hyphy Realty Llc $353,500 None Available
Silverman John C -- Trademark Title
Jc Silverman Properties Llc -- --
Silverman John C -- Fidelity Natl Title Group
Silverman John C -- None Available
Jc Silverman Properties Llc -- None Available
Silverman John C -- Metropolitan Title Of Indian
J S & T Corp -- None Available
Brick Properties Llc $44,001 --
Miller Timothy -- Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hyphy Realty Llc $280,000
Previous Owner Silverman John C $99,600
Previous Owner Silverman John C $104,500
Previous Owner Silverman John C $105,000
Previous Owner J S & T Corp $120,000
Previous Owner Miller Timothy $129,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/23/2021 04/23/21 Sold $353,500 0.0% $136 / Sq Ft
03/13/2021 03/13/21 Pending -- -- --
02/04/2021 02/04/21 For Sale $353,500 -- $136 / 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 $6,607 $297,800 $41,900 $255,900
2023 $6,607 $289,000 $43,600 $245,400
2022 $6,387 $284,200 $43,400 $240,800
2021 $4,132 $184,500 $35,400 $149,100
2020 $3,928 $179,500 $35,400 $144,100
2019 $3,835 $176,100 $18,600 $157,500
2018 $2,858 $130,400 $20,500 $109,900
2017 $3,223 $145,700 $20,500 $125,200
2016 $3,175 $145,700 $20,500 $125,200
2014 $3,028 $145,700 $20,500 $125,200
2013 $3,025 $145,700 $20,500 $125,200
Source: Public Records

Agents Affiliated with this Home

  • Brandon Steffen

    Seller's Agent in 2021

    Brandon Steffen

    Steffen Group

    (260) 710-5684

    25 in this area

    156 Total Sales

    Brandon Steffen
    Section Image

  • P

    Buyer's Agent in 2021

    Pamela Waller

    RE/MAX

    (260) 609-6217

    4 in this area

    19 Total Sales

    Pamela Waller
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202103712

Indiana Regional MLS

APN: 02-12-03-486-014.000-074

Indiana Allen County Fort Wayne 46802 West Central

1104 W Wayne St, Fort Wayne, IN

This home is located at 1104 W Wayne St, Fort Wayne, IN 46802 since 04 February 2021 and is currently estimated at $450,465, approximately $173 per square foot. This property was built in 1930. 1104 W Wayne St is a home located in Allen County with nearby schools including Washington Elementary School, Portage Middle School, and Wayne 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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