NOT LISTED FOR SALE

1118 Columbia Ave Fort Wayne, IN 46805

Northside Neighborhood

Estimated Value: $208,000 - $214,000

4 Beds
3 Baths
2,204 Sq Ft
$95/Sq Ft Est. Value

Last Sold April 27, 2017

Last sale price $35,000 $16 Per Sq Ft

Est. 501% increase in value since last sale

Current estimated payment $1,420/month

30 Days on Market

Highlights

  • Luxury Vinyl Tile Flooring
  • Level Lot
  • 5-minute walk to East Central Park

About This Home

As of April 2017

Great investment! Great income potential! This triplex is completely rented out for instant monthly income. Wonderful location near Lakeside Park. GFA furnaces updated in 2003. Unit #1 on Main level (front unit) has Living Room, Kitchen, Bedroom and Bath. Updated flooring in bedroom & hallway. Unit #2 is Up with Living Room, Kitchen, 2 Bedrooms & Bath. Unit #3 is also on Main with Living Room & Kitchen combo, Bedroom, Bath and Enclosed porch. Don't wait! Start your journey towards potentially earning additional income for yourself. Note: Property is sold AS-IS. Seller is unwilling to make any improvements or repairs so please be aware & understand this before scheduling a showing or making any offer. This is an older home with upgrades & repairs possibly needed so purchase price has already been set to reflect this potential. Long standing tenants.

Last Agent to Sell the Property

Rhonda Koehlinger

Blake Realty Listed on: 03/22/2017

Last Buyer's Agent

Diane Blake

Blake Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 6,750 Sq Ft Lot
  • Lot Dimensions are 45x150x45x150
  • Level Lot

Home Design

  • Triplex
  • Vinyl Construction Material

Interior Spaces

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

Flooring

  • Carpet
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Parking

  • 1 Parking Space
  • Off-Street Parking

Utilities

  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for cable, fuel, heating
  • The owner pays for building insurance, electric, lawn maintenance, maintenance, sewer, tax, trash collection, water
  • Assessor Parcel Number 02-12-01-251-005.000-074

Community Details

Overview

  • 3 Units

Pet Policy

  • Pet Restriction

Building Details

  • 1 Separate Electric Meter
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,800
  • Fuel Expense $300
  • Insurance Expense $750
  • Maintenance Expense $300
  • Trash Expense $350
  • Water Sewer Expense $960

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1900
  • Age: 117
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: LOT 304 LAKESIDE PARK ADD
  • Parcel Number ID: 02-12-01-251-005.000-074
  • Platted: Yes
  • Amenities: Off Street Parking
  • Inside City Limits: Yes
  • Sp Lp Percent: 77.78
  • Annual Miscellaneous: 150
  • Monthly Gross Income: 1220
  • Special Features: None

Interior Features

  • Total Sq Ft: 3614
  • Total Finished Sq Ft: 2204
  • Above Grade Finished Sq Ft: 2204
  • Above Grade Unfinished Sq Ft: 308
  • Below Grade Sq Ft: 1102
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Flooring: Carpet, Vinyl Tile
  • Total Below Grade Sq Ft: 1102
  • Number Of Ranges Ovens: 3

Exterior Features

  • Exterior: Vinyl
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 1

Utilities

  • Heating Fuel: Gas
  • Sewer: City
  • Water Utilities: City
  • Annual Electric: 1800
  • Annual Fuel Expense: 300
  • Annual Insurance Expense: 750
  • Annual Maintenance Expense: 300
  • Annual Trash Expense: 350
  • Annual Water Sewer Expense: 960
  • Number Electric Meters: 1
  • Number Gas Meters: 3
  • Number Of W D Hookups: 1
  • Number Water Meters: 1

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: Level
  • Lot Dimensions: 45x150x45x150
  • Estimated Lot Sq Ft: 6750
  • Estimated Lot Size Acres: 0.155
  • Lot Number: 304
  • Zoning: R3 - Multiple Family Residential

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Building Insurance, Electric, Lawn Maintenance, Maintenance, Sewer, Tax, Trash Collection, Water
  • Tenant Pays: Cable, Fuel, Heating

Multi Family

  • Gross Monthly Rent: 1220
  • Number Of Refrigerators: 3
  • Number Of Units: 3
  • Num Of1 Bedrooms: 2
  • Num Of2 Bedrooms: 1
  • Num Of Units Rented: 3

Tax Info

  • Annual Property Tax: 891.96

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 6, 2020
Sold by
Palermo Alex A
Bought by
Wunderlich Nicholas and Wunderlich Karlie
Current Estimated Value
$210,333

Purchase Details

Closed on
Jan 31, 2020
Sold by
Palermo Alex A
Bought by
Wunderlich Nicholas and Wunderlich Karlie

Purchase Details

Listed on
Mar 22, 2017
Closed on
Apr 27, 2017
Sold by
Killoran James A and Killoran Carolyn H
Bought by
Palermo Alx A
Seller's Agent
Rhonda Koehlinger
Blake Realty
Buyer's Agent
Diane Blake
Blake Realty
List Price
$52,500
Sold Price
$35,000
Premium/Discount to List
-$17,500
-33.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.88%

Purchase Details

Closed on
Nov 28, 2016
Sold by
Killoran James A and Killoran Carolyn H
Bought by
Killoran James A and Killoran Carolyn H

Purchase Details

Closed on
Aug 24, 2009
Sold by
Killoran James A and Killoran Carolyn H
Bought by
Killoran James A and Killoran Carolyn H
Source: Public Records

Range of Values:

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Average Value
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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 Buyer Sale Price Title Company
Wunderlich Nicholas -- --
Wunderlich Nicholas -- None Available
Palermo Alx A $35,000 Trademark Title, Inc
Killoran James A -- None Available
Killoran James A -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/27/2017 04/27/17 Sold $35,000 -33.3% $16 / Sq Ft
04/21/2017 04/21/17 Pending -- -- --
03/22/2017 03/22/17 For Sale $52,500 -- $24 / 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 $3,306 $167,300 $36,200 $131,100
2022 $2,861 $127,300 $27,000 $100,300
2021 $2,428 $108,400 $9,900 $98,500
2020 $2,219 $101,400 $9,900 $91,500
2019 $1,929 $88,600 $9,900 $78,700
2018 $1,846 $84,200 $9,900 $74,300
2017 $1,279 $57,800 $6,000 $51,800
2016 $928 $42,600 $9,900 $32,700
2014 $852 $41,000 $9,000 $32,000
2013 $851 $41,000 $9,000 $32,000
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2017

    Rhonda Koehlinger

    Blake Realty

    (260) 341-0347

    43 Total Sales

    Rhonda Koehlinger
    Section Image
  • Diane Blake

    Buyer's Agent in 2017

    Diane Blake

    Blake Realty

    (260) 385-8858

    112 Total Sales

    Diane Blake
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 201711440

Indiana Regional MLS

APN: 02-12-01-251-005.000-074

Indiana Allen County Fort Wayne 46805 Northside

1118 Columbia Ave, Fort Wayne, IN

This home is located at 1118 Columbia Ave, Fort Wayne, IN 46805 since 22 March 2017 and is currently estimated at $210,333, approximately $95 per square foot. This property was built in 1900. 1118 Columbia 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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