1104 W Wayne St Fort Wayne, IN 46802
West Central NeighborhoodEstimated Value: $390,000 - $495,000
5
Beds
5
Baths
2,600
Sq Ft
$174/Sq Ft
Est. Value
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 2021THIS 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.
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
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
Total Days on Market
37
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,975
Avg. Annual Appreciation
5.98%
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
Similar Homes in Fort Wayne, IN
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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
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
28 in this area
154 Total Sales
-
Pamela Waller
P
Buyer's Agent in 2021
Pamela Waller
RE/MAX
(260) 609-6217
4 in this area
20 Total Sales
Map
Source: Indiana Regional MLS
MLS Number: 202103712
APN: 02-12-03-486-014.000-074
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