Seller's Agent in 2022
Brandon Steffen
Steffen Group
(260) 710-5684
27 in this area
156 Total Sales
1115 W Wayne St Fort Wayne, IN 46802
West Central NeighborhoodEstimated Value: $441,000 - $476,000
6
Beds
4
Baths
3,227
Sq Ft
$142/Sq Ft
Est. Value
Highlights
- The property is located in a historic district
- Covered patio or porch
- Forced Air Heating and Cooling System
- Wood Flooring
- Laundry in Utility Room
- 4-minute walk to Moody Park
About This Home
As of December 2022This property will sell at Public Auction - Saturday, November 12th at 10:00 AM. OPEN HOUSES: Thursday, November 3rd from 5:00pm to 6:00 pm and Wednesday, November 9th from 5:00 pm to 6:00 pm. For the Investor - Rare opportunity to purchase a restored 4-plex in the heart of the Historic West Central Neighborhood. This building was completely restored and won the Arch award for its historic renovation. The building features (2) two-bedroom units and (2) one-bedroom units with washer and dryer in each unit. The apartments have a tremendous amount of character and charm, with many unique architectural features. For the Homeowner - If you have been looking for a property to convert back to a grand single-family residence do not overlook this property! The home is located in one of West Central's most prestigious blocks - explore the potential that this home offers. Terms: An earnest money deposit in the amount of 10% will be required the day of the auction, with the balance due within 30 days. Seller to provide an Owner's Policy of Title Insurance in the amount of the purchase price. Taxes will be prorated to the day of final closing. The property is selling for cash - in the event the Buyer is obtaining financing, financing must be prearranged prior to the auction. Bidding is not contingent upon financing, appraisals or inspections. Property selling "As- Is".
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,091
Year Built
- Built in 1890
Lot Details
- 7,405 Sq Ft Lot
- Lot Dimensions are 50' x 150'
- Level Lot
- Historic Home
Home Design
- Quadruplex
- Poured Concrete
- Wood Siding
Interior Spaces
- 2-Story Property
- Partially Finished Basement
- Crawl Space
- Laundry in Utility Room
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Full Bathrooms
Parking
- 4 Parking Spaces
- Off-Street Parking
Schools
- Washington Elementary School
- Memorial Park Middle School
- South Side High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
Additional Features
- Covered patio or porch
- The property is located in a historic district
Listing and Financial Details
- Tenant pays for fuel, heating
- The owner pays for building insurance, cooling, electric, lawn maintenance, maintenance, sewer, snow removal, tax, trash collection, water
- Assessor Parcel Number 02-12-03-430-003.000-074
Community Details
Overview
- 4 Units
- Rock Hill / Rockhill Subdivision
Pet Policy
- Pet Restriction
Building Details
- Electric Expense $4,539
- Insurance Expense $2,270
- Water Sewer Expense $1,500
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 24, 2022
Closed on
Dec 8, 2022
Sold by
Mcdonald Ventures Llc
Bought by
Hyphy Realty Llc
Seller's Agent
Brandon Steffen
Steffen Group
Buyer's Agent
Pamela Waller
RE/MAX Integrity
List Price
$410,000
Sold Price
$410,000
Views
11
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
$48,500
Avg. Annual Appreciation
3.25%
Original Mortgage
$155,685
Outstanding Balance
$151,873
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$294,627
Purchase Details
Closed on
Mar 26, 2019
Sold by
Cowan Robert E and Cowan Darlene R
Bought by
Mcdonald Ventures Llc
Purchase Details
Closed on
Jul 19, 2010
Sold by
Beltran Alan R
Bought by
Cowan Robert E
Purchase Details
Closed on
Jul 19, 2002
Sold by
Smith Mark Paul and Smith Jo Ellen
Bought by
Beltran Alan R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,700
Interest Rate
6.7%
Mortgage Type
Commercial
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 | -- | Metropolitan Title | |
| Mcdonald Ventures Llc | -- | None Available | |
| Cowan Robert E | $85,000 | None Available | |
| Beltran Alan R | -- | Commonwealth/Dreibelbiss Tit |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Jwoenker Jack | $155,685 | |
| Open | Hyphy Realty Llc | $280,000 | |
| Previous Owner | Beltran Alan R | $30,497 | |
| Previous Owner | Beltran Alan R | $182,700 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/08/2022 12/08/22 | Sold | $410,000 | 0.0% | $127 / Sq Ft |
| 11/12/2022 11/12/22 | Pending | -- | -- | -- |
| 10/24/2022 10/24/22 | For Sale | $410,000 | -- | $127 / 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 | $12,775 | $343,600 | $45,800 | $297,800 |
| 2022 | $6,569 | $292,300 | $70,500 | $221,800 |
| 2021 | $7,091 | $316,600 | $70,500 | $246,100 |
| 2020 | $6,934 | $316,900 | $70,500 | $246,400 |
| 2019 | $5,956 | $273,500 | $21,600 | $251,900 |
| 2018 | $3,628 | $165,500 | $17,500 | $148,000 |
| 2017 | $3,661 | $165,500 | $17,500 | $148,000 |
| 2016 | $3,606 | $165,500 | $17,500 | $148,000 |
| 2014 | $3,440 | $165,500 | $17,500 | $148,000 |
| 2013 | $3,436 | $165,500 | $17,500 | $148,000 |
Source: Public Records
Agents Affiliated with this Home
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-
P
Buyer's Agent in 2022
Pamela Waller
RE/MAX
(260) 609-6217
4 in this area
19 Total Sales
Map
Source: Indiana Regional MLS
MLS Number: 202244039
APN: 02-12-03-490-003.000-074
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