$220,000
SOLD AUG 15, 2024
3 Beds
2 Baths
1,786 Sq Ft
4,550 Sq Ft Lot

Recently Sold

$123 Per Sq Ft

12% Below List Price

24 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • Wood Siding
  • 4-minute walk to Lakeside Park & Rose Garden
  • Level Lot
  • Carpet

About This Home

As of August 2024

This well maintained duplex presents a great opportunity for investors seeking an income-producing property or for a owner occupant looking to "House Hack". Two well-maintained units. A full cosmetic renovation on the unit upstairs in 2022 ensures turnkey condition for both units. Unit 1 is a spacious 2-bedroom, 1-bathroom unit, featuring hard surface flooring, fresh paint, appliances, with a long term tenant wanting to stay but lease expires at the end of June. Unit 2 is a charming fully renovated studio unit offering a comfortable living space with 1 bathroom, also featuring vinyl plank flooring and fresh paint, new cabinets and counter-tops. Both units have ample parking space & Off-street parking is available for both units. Separate electric meters & gas allow for individual tenant billing, while the owner covers water/trash and lawn care. The location is ideal, just minutes from downtown Fort Wayne (5 minutes) and Electric Works (10 minutes) plus easy access to nearby parks and walking trails.

Last Agent to Sell the Property

Robert Rolf

Mike Thomas Assoc., Inc

Mike Thomas Assoc., Inc

Last Buyer's Agent

Matt Pfeiffer

eXp Realty, LLC

eXp Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,140

Year Built

  • Built in 1930

Lot Details

  • 4,550 Sq Ft Lot
  • Lot Dimensions are 65x70
  • Level Lot

Home Design

  • Duplex
  • Wood Siding

Interior Spaces

  • 2-Story Property

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

  • Laundry in Basement
  • Crawl Space

Parking

  • Paved Parking
  • Off-Street Parking

Schools

  • Forest Park Elementary School
  • Lakeside Middle School
  • North Side High School

Additional Features

  • Suburban Location
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electric, fuel
  • The owner pays for water
  • Assessor Parcel Number 02-12-01-202-014.000-074

Community Details

Overview

  • 2 Units
  • Lakeside Park Subdivision

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Water Sewer Expense $1,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,140

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1930
  • Age: 94
  • Style: Two Story
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: N 70' OF W 21'LOT 695 & N 70' LOT 696 LAKESIDE PARK ADDITION PLAT C
  • Parcel Number ID: 02-12-01-202-014.000-074
  • Platted: Yes
  • Amenities: Near Walking Trail
  • Location: City/Town/Suburb
  • Sp Lp Percent: 91.7
  • Monthly Gross Income: 1750
  • Year Taxes Payable: 2024
  • Special Features: None

Interior Features

  • Total Sq Ft: 3566
  • Total Finished Sq Ft: 1786
  • Above Grade Finished Sq Ft: 1786
  • Above Grade Unfinished Sq Ft: 810
  • Below Grade Sq Ft: 970
  • Price Per Sq Ft: 123.18
  • Basement: Yes
  • Basement Foundation: Crawl, Unfinished
  • Flooring: Carpet, Vinyl
  • Total Below Grade Sq Ft: 970
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Wood
  • Stories: 2

Garage/Parking

  • Parking: Off Street, Paved

Utilities

  • Cooling: Central Air
  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Water Sewer Expense: 1400
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Of W D Hookups: 1
  • Number Water Meters: 1

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 65X70
  • Estimated Lot Sq Ft: 4550
  • Estimated Lot Size Acres: 0.1

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Water
  • Tenant Pays: Electric, Fuel

Multi Family

  • Gross Monthly Rent: 1750
  • Number Of Dishwashers: 1
  • Number Of Dryers: 1
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Number Of Washers: 1
  • Num Of1 Bedrooms: 1
  • Num Of2 Bedrooms: 1
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 4140

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2024
Closed on
Aug 16, 2024
Sold by
Haueter Jacob A
Bought by
Camm Holdings Llc
Seller's Agent
Robert Rolf
Mike Thomas Assoc., Inc
Buyer's Agent
Matt Pfeiffer
eXp Realty, LLC
List Price
$249,900
Sold Price
$220,000
Premium/Discount to List
-$29,900
-11.96%
Total Days on Market
24
Views
28
Current Estimated Value
$219,082

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$918
Avg. Annual Appreciation
1.04%
Original Mortgage
$176,000
Outstanding Balance
$155,876
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$65,878

Purchase Details

Listed on
Nov 6, 2018
Closed on
Dec 27, 2018
Sold by
Dupont Leasing Llc
Bought by
Haueter Jacob A
Seller's Agent
Sarah Baldus
Regan & Ferguson Group
Buyer's Agent
Sarah Baldus
Regan & Ferguson Group
List Price
$115,000
Sold Price
$115,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.21%
Original Mortgage
$112,917
Interest Rate
5.25%
Mortgage Type
FHA

Purchase Details

Listed on
Oct 6, 2017
Closed on
Nov 28, 2017
Sold by
Camelot Ridge Resort Llc
Bought by
Dupont Leasing Llc
Seller's Agent
Christopher Will
Mike Thomas Assoc., Inc
Buyer's Agent
Christine Kroft
CENTURY 21 Bradley Realty, Inc
List Price
$99,500
Sold Price
$88,000
Premium/Discount to List
-$11,500
-11.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.83%

Purchase Details

Closed on
Nov 29, 2016
Sold by
Mark Dougals Inc
Bought by
Camelot Ridge Resort Llc

Purchase Details

Closed on
Sep 16, 2003
Sold by
Stieglitz Russell R
Bought by
Mark Douglas Inc

Map

Range of Values:

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Average Value
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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 -- None Listed On Document
Warranty Deed -- None Available
Warranty Deed -- Centurion Land Title Inc
Quit Claim Deed -- None Available
Warranty Deed -- Three Rivers Title Co Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $176,000 New Conventional
Previous Owner $32,000 Credit Line Revolving
Previous Owner $107,320 FHA
Previous Owner $112,917 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2024 08/15/24 Sold $220,000 -8.3% $123 / Sq Ft
06/22/2024 06/22/24 Pending -- -- --
06/17/2024 06/17/24 Price Changed $239,900 -4.0% $134 / Sq Ft
06/11/2024 06/11/24 For Sale $249,900 0.0% $140 / Sq Ft
05/29/2024 05/29/24 Pending -- -- --
05/29/2024 05/29/24 For Sale $249,900 +117.3% $140 / Sq Ft
12/31/2018 12/31/18 Sold $115,000 0.0% $65 / Sq Ft
11/06/2018 11/06/18 Pending -- -- --
11/06/2018 11/06/18 For Sale $115,000 +30.7% $65 / Sq Ft
11/28/2017 11/28/17 Sold $88,000 -11.6% $49 / Sq Ft
10/27/2017 10/27/17 Pending -- -- --
10/06/2017 10/06/17 For Sale $99,500 -- $56 / Sq Ft
Source: Indiana Regional MLS

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 $4,140 $207,800 $30,100 $177,700
2022 $2,182 $156,500 $22,400 $134,100
2021 $2,021 $141,200 $8,300 $132,900
2020 $1,858 $131,400 $8,300 $123,100
2019 $1,604 $113,200 $8,300 $104,900
2018 $2,348 $107,100 $8,300 $98,800
2017 $1,002 $45,300 $4,300 $41,000
2016 $981 $45,000 $5,100 $39,900
2014 $1,178 $56,700 $8,900 $47,800
2013 $1,235 $59,500 $9,500 $50,000
Source: Public Records

Source: Indiana Regional MLS

MLS Number: 202419173

Indiana Regional MLS

APN: 02-12-01-202-014.000-074