$82,000
SOLD JAN 15, 2019
8 Beds
4 Baths
2,912 Sq Ft
0.38 Acres

Recently Sold

$28 Per Sq Ft

58% Above List Price

16 Days on Market

Highlights

  • Patio
  • Central Air
  • Carpet
  • Landscaped
  • Level Lot

About This Home

As of January 2019

The price stated on this property is the assessed tax value (as a guideline). This property is being sold at public auction on Monday, December 10, 2018. Auction begins at 5:30 p.m. This property may sell for more or less than the assessed value, depending on the outcome of the auction bidding. Multi unit rental property in Fort Wayne. Don't miss this opportunity of a lifetime. 3 spectacular rental units available for auction. These rental units generate great cash flow with little effort. Join us auction day for your chance at owning one of these beautiful properties. Visit our website to see additional properties available for auction on the same day! INVESTMENT OPPORTUNITY | $1,700+ PER MONTH INCOME | SEPARATE GAS & ELECTRICAL UTILITIES

Last Agent to Sell the Property

Tim McCulloch

Scheerer McCulloch Real Estate Listed on: 11/24/2018

Last Buyer's Agent

Tim McCulloch

Scheerer McCulloch Real Estate Listed on: 11/24/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,150

Year Built

  • Built in 1950

Lot Details

  • 0.38 Acre Lot
  • Lot Dimensions are 143 x 115
  • Landscaped
  • Level Lot

Home Design

  • Quadruplex
  • Slab Foundation
  • Poured Concrete
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Carpet
  • Unfinished Basement

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Gravel Driveway
  • Off-Street Parking

Utilities

  • Central Air
  • Heating System Uses Gas

Additional Features

  • Patio
  • Suburban Location

Community Details

  • 4 Units

Listing and Financial Details

  • Tenant pays for cable, cooling, electric
  • The owner pays for fuel, lawn maintenance, maintenance, sewer, snow removal, tax, trash collection, water
  • Assessor Parcel Number 02-12-26-258-009.000-074

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,150

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Fourplex
  • Year Built: 1950
  • Age: 68
  • Style: Two Story
  • Bedrooms: 8
  • Number Above Grade Bedrooms: 8
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: LINCOLNSHIRE SEC A LOTS 45 & LOT 46 EXC W 5FT |
  • Parcel Number ID: 02-12-26-258-009.000-074
  • Platted: Yes
  • Amenities: Off Street Parking, Landscaped, Patio Open
  • Location: City/Town/Suburb
  • Sp Lp Percent: 100
  • Monthly Gross Income: 1700
  • Special Features: None

Interior Features

  • Total Sq Ft: 4212
  • Total Finished Sq Ft: 2912
  • Above Grade Finished Sq Ft: 2912
  • Below Grade Sq Ft: 1300
  • Price Per Sq Ft: 28.16
  • Basement: Yes
  • Basement Foundation: Slab, Unfinished
  • Basement Material: Poured Concrete
  • Flooring: Carpet
  • Total Below Grade Sq Ft: 1300
  • Number Of Ranges Ovens: 1

Exterior Features

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

Garage/Parking

  • Driveway: Gravel
  • Number Of Parking Spaces: 2
  • Parking: Gravel, Off Street

Utilities

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

Condo/Co-op/Association

  • Common Amenities: Sidewalks

Schools

  • School District: Fort Wayne Community
  • Elementary School: Harrison Hill
  • Middle School: Kekionga
  • High School: South Side

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 143 x 115
  • Estimated Lot Sq Ft: 16444
  • Estimated Lot Size Acres: 0.3775

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Fuel, Lawn Maintenance, Maintenance, Sewer, Snow Removal, Tax, Trash Collection, Water
  • Tenant Pays: Cable, Cooling, Electric

Multi Family

  • Gross Monthly Rent: 1700
  • Number Of Dryers: 1
  • Number Of Refrigerators: 1
  • Number Of Units: 4
  • Number Of Washers: 1
  • Num Of1 Bedrooms: 1
  • Num Of2 Bedrooms: 3
  • Num Of Units Rented: 4

Tax Info

  • Annual Property Tax: 1150

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 2, 2022
Sold by
Tim Dunn
Bought by
Camdun Properties Llc
Total Days on Market
16

Purchase Details

Closed on
Jan 7, 2021
Sold by
Camdun Properties Llc
Bought by
Dunn Tim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
2.7%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Nov 24, 2018
Closed on
Jan 14, 2019
Sold by
Star Financial Bank
Bought by
Camdun Properties Llc
Seller's Agent
Tim McCulloch
Scheerer McCulloch Real Estate
Buyer's Agent
Tim McCulloch
Scheerer McCulloch Real Estate
List Price
$52,000
Sold Price
$82,000
Premium/Discount to List
$30,000
57.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.97%
Original Mortgage
$60,000
Interest Rate
4.7%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- --
Quit Claim Deed -- None Available
Personal Reps Deed $80,000 Metropolitan Title Of In Llc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $288,832 New Conventional
Previous Owner $350,000 Credit Line Revolving
Previous Owner $63,500 New Conventional
Previous Owner $60,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2019 01/15/19 Sold $82,000 +57.7% $28 / Sq Ft
12/10/2018 12/10/18 Pending -- -- --
11/24/2018 11/24/18 For Sale $52,000 -- $18 / 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 $3,756 $248,200 $42,500 $205,700
2022 $2,587 $115,100 $12,900 $102,200
2021 $2,558 $114,200 $13,800 $100,400
2020 $2,505 $114,500 $22,200 $92,300
2019 $3,125 $143,500 $22,200 $121,300
2018 $1,140 $52,000 $17,500 $34,500
2017 $1,150 $52,000 $17,500 $34,500
2016 $1,133 $52,000 $17,500 $34,500
2014 $1,081 $52,000 $17,500 $34,500
2013 $1,079 $88,900 $17,500 $71,400
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 201851635

Indiana Regional MLS

APN: 02-12-26-258-009.000-074