$20,000
SOLD DEC 18, 2018

1113 Wabash Ave Fort Wayne, IN 46803

Memorial Park Neighborhood
6 Beds
3 Baths
2,032 Sq Ft
6,970 Sq Ft Lot

Recently Sold

$10 Per Sq Ft

33% Below List Price

35 Days on Market

Highlights

  • Forced Air Heating System
  • Carpet
  • 5-minute walk to Memorial Park

About This Home

As of April 2022

When occupied seller was receiving $530 for 1 bdrm including utilities, $650 for 2 bdrm including utilities, and $700 for 3 bdrm including utilities. Units need to be refurbished. 3 bdrm unit rented at this time. Approximate expenses for utilities is $6,000 to $7000.

Last Agent to Sell the Property

Jay Howell

Red Howell Associates., Inc. Listed on: 11/07/2018

Last Buyer's Agent

Jay Howell

Red Howell Associates., Inc. Listed on: 11/07/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $429

Year Built

  • Built in 1910

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 50x140
  • Sloped Lot

Home Design

  • Triplex
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Carpet
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for water
  • The owner pays for electric, fuel
  • Assessor Parcel Number 02-13-06-378-003.000-074

Community Details

Overview

  • 3 Units

Pet Policy

  • Pet Restriction

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$429

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1910
  • Age: 108
  • Style: Two Story
  • Bedrooms: 6
  • Number Above Grade Bedrooms: 6
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: Lot 37 White 1st Add |
  • Parcel Number ID: 02-13-06-378-003.000-074
  • Platted: Yes
  • Amenities: Basement
  • Sp Lp Percent: 66.89
  • Special Features: None

Interior Features

  • Total Sq Ft: 3048
  • Total Finished Sq Ft: 2032
  • Above Grade Finished Sq Ft: 2032
  • Below Grade Sq Ft: 1016
  • Price Per Sq Ft: 9.84
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Flooring: Carpet
  • Main Level Sq Ft: 1016
  • Total Below Grade Sq Ft: 1016

Exterior Features

  • Exterior: Vinyl
  • Stories: 2

Utilities

  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • School District: Fort Wayne Community
  • Elementary School: Forest Park
  • Middle School: Lakeside
  • High School: North Side

Lot Info

  • Lot Description: Slope
  • Lot Dimensions: 50x140
  • Estimated Lot Sq Ft: 6970
  • Estimated Lot Size Acres: 0.16

Rental Info

  • Owner Pays: Electric, Fuel
  • Tenant Pays: Water

Tax Info

  • Annual Property Tax: 429.14

Multi Family

  • Number Of Units: 3
  • Num Of1 Bedrooms: 1
  • Num Of2 Bedrooms: 2
  • Number Of 3 Bedrooms: 3
  • Num Of Units Rented: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2022
Closed on
Apr 29, 2022
Sold by
Qasim Alsalman
Bought by
Aguilera Oscar Manuel Puga
Seller's Agent
Kathy Hutchins
CENTURY 21 Bradley Realty, Inc
List Price
$150,000
Sold Price
$145,000
Premium/Discount to List
-$5,000
-3.33%
Current Estimated Value
$169,751

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,751
Avg. Annual Appreciation
4.56%
Original Mortgage
$142,373
Outstanding Balance
$135,281
Interest Rate
4.42%
Mortgage Type
FHA
Estimated Equity
$33,310

Purchase Details

Listed on
Nov 7, 2018
Closed on
Dec 18, 2018
Sold by
Tippmann Ed
Bought by
Alsalman Qasim and Alsalman Ahmed M
Seller's Agent
Jay Howell
Red Howell Associates., Inc.
Buyer's Agent
Jay Howell
Red Howell Associates., Inc.
List Price
$29,900
Sold Price
$20,000
Premium/Discount to List
-$9,900
-33.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
80.32%
Original Mortgage
$10,000
Interest Rate
4.9%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 29, 2010
Sold by
The Hicksville Bank
Bought by
Tippmann Ed

Purchase Details

Closed on
May 10, 2004
Sold by
Gerbers Kevin
Bought by
Kmg Rentals Llc

Purchase Details

Closed on
Oct 15, 2002
Sold by
S & L Enterprises I Llc
Bought by
Gerbers Kevin and Kmg Rentals Llc
Source: Public Records

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 Type Sale Price Title Company
Warranty Deed $145,000 Trademark Title Services
Warranty Deed -- None Available
Contract Of Sale $20,000 None Available
Special Warranty Deed -- Lawyers Title
Quit Claim Deed -- Meridian Title Corporation
Corporate Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $142,373 FHA
Previous Owner $10,000 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2022 04/29/22 Sold $145,000 -3.3% $71 / Sq Ft
03/15/2022 03/15/22 Pending -- -- --
02/25/2022 02/25/22 For Sale $150,000 +650.0% $74 / Sq Ft
12/18/2018 12/18/18 Sold $20,000 -33.1% $10 / Sq Ft
12/13/2018 12/13/18 Price Changed $29,900 0.0% $15 / Sq Ft
12/12/2018 12/12/18 Pending -- -- --
11/16/2018 11/16/18 Pending -- -- --
11/08/2018 11/08/18 For Sale $29,900 +49.5% $15 / Sq Ft
11/07/2018 11/07/18 Off Market $20,000 -- --
11/07/2018 11/07/18 For Sale $29,900 -- $15 / 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 $1,731 $147,100 $17,000 $130,100
2022 $949 $65,600 $10,000 $55,600
2021 $529 $31,600 $1,900 $29,700
2020 $641 $38,600 $1,900 $36,700
2019 $317 $19,400 $1,600 $17,800
2018 $425 $19,400 $1,600 $17,800
2017 $429 $45,200 $1,600 $43,600
2016 $506 $23,200 $1,600 $21,600
2014 $370 $17,800 $2,000 $15,800
2013 $326 $15,700 $1,500 $14,200
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2022

    Kathy Hutchins

    CENTURY 21 Bradley Realty, Inc

    (260) 609-3570

    2 in this area

    18 Total Sales

    Kathy Hutchins
    Section Image

  • J

    Seller's Agent in 2018

    Jay Howell

    Red Howell Associates., Inc.

    (260) 704-5251

    3 in this area

    79 Total Sales

    Jay Howell
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 201849703

Indiana Regional MLS

APN: 02-13-06-378-003.000-074

Indiana Allen County Fort Wayne 46803 Memorial Park

1113 Wabash Ave, Fort Wayne, IN

This home is located at 1113 Wabash Ave, Fort Wayne, IN 46803 and is currently priced at $20,000, approximately $9 per square foot. This property was built in 1910. 1113 Wabash Ave is a home located in Allen County with nearby schools including Forest Park Elementary School, Lakeside Middle School, and North Side 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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