NOT LISTED FOR SALE

1119 Michigan Ave Unit 2 Fort Wayne, IN 46802

Michigan Avenue Neighborhood

Estimated Value: $147,755 - $174,000

4 Beds
2 Baths
2,076 Sq Ft
$76/Sq Ft Est. Value

Last Sold October 13, 2021

Last sale price $125,950 $61 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $1,069/month

5 Days on Market

Highlights

  • Enclosed patio or porch
  • Ceiling Fan
  • Carpet
  • Forced Air Heating and Cooling System
  • Level Lot
  • 3-minute walk to Miner Park Playground

About This Home

As of October 2021

Offer Accepted, taking back ups! '02 Remodeled Duplex!!!! Rare 4 bed 2 bath Purpose built duplex for SALE!!! Enjoy two Nicely remodeled units, including so many features such as: Brand new A/Cs, Furnace, Water Heaters, kitchens, all new appliances, all utilities split, and freshly remodeled units! The Downstairs unit has o, brand new vinyl plank, freshly painted, new doors, and a massive master bedroom. The upper unit was rented for 750/mo but is now vacant and could be a fantastic house hack where you live in one side and rent out the other! The downstairs has its own separate entrance. This unit is currently leased for 750/mo. This unit has freshly layed vinyl plank floors throughout and so many updates!Both units have their own furnace, A/C, water heater, and breaker box. Both units also have laundry hookup IN UNIT!!! This duplex is perfectly located 2 BLOCKS from ELECTRIC WORKS!!! right downtown in the CORE of opportunity. This is a sound, strong, and well built building. This will not last long!!!

Last Agent to Sell the Property

Jordan Wildman

eXp Realty, LLC Listed on: 09/08/2021

eXp Realty, LLC

Last Buyer's Agent

Heidi Haiflich

North Eastern Group Realty

North Eastern Group Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $500

Year Built

  • Built in 1900

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 40x125
  • Level Lot

Home Design

  • Duplex
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Laundry in Kitchen

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Outdoor Features

  • Enclosed patio or porch

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for cooling, electric, heating, sewer, trash collection, water
  • The owner pays for building insurance, lawn maintenance, maintenance, tax
  • Assessor Parcel Number 02-12-10-435-010.000-074

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $800
  • Maintenance Expense $500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$500

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1900
  • Age: 121
  • Style: Two Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: LOT 41 OLD ORCHARD ADD
  • Parcel Number ID: 02-12-10-435-010.000-074
  • Platted: Yes
  • Amenities: Ceiling Fan, Porch Enclosed, Water Heater Gas
  • Sp Lp Percent: 96.96
  • Monthly Gross Income: 1500
  • Special Features: None

Interior Features

  • Total Sq Ft: 2706
  • Total Finished Sq Ft: 2076
  • Above Grade Finished Sq Ft: 2076
  • Below Grade Sq Ft: 630
  • Price Per Sq Ft: 60.67
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Basement Material: Block
  • Flooring: Carpet, Vinyl
  • Total Below Grade Sq Ft: 630
  • Number Of Microwaves: 2
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Vinyl
  • Stories: 2

Utilities

  • Cooling: Central Air
  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 800
  • Annual Maintenance Expense: 500
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Of W D Hookups: 2
  • Number Water Meters: 2

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 40x125
  • Estimated Lot Sq Ft: 4792
  • Estimated Lot Size Acres: 0.11

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Building Insurance, Lawn Maintenance, Maintenance, Tax
  • Tenant Pays: Cooling, Electric, Heating, Sewer, Trash Collection, Water

Multi Family

  • Gross Monthly Rent: 1500
  • Number Of Dishwashers: 2
  • Number Of Dryers: 2
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Number Of Washers: 2
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 1

Tax Info

  • Annual Property Tax: 500

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2021
Closed on
Oct 13, 2021
Sold by
Fooladian Siyavash
Bought by
Phases & Stages Llc
Seller's Agent
Jordan Wildman
eXp Realty, LLC
Buyer's Agent
Heidi Haiflich
North Eastern Group Realty
List Price
$129,900
Sold Price
$125,950
Premium/Discount to List
-$3,950
-3.04%
Total Days on Market
5
Current Estimated Value
$157,689

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,739
Avg. Annual Appreciation
6.37%
Original Mortgage
$97,600
Outstanding Balance
$84,209
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$73,480

Purchase Details

Closed on
Sep 30, 2020
Sold by
Et Properties Llc
Bought by
Fooladian Siyavash

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,375
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 20, 2020
Sold by
Derksen Calvin W
Bought by
Et Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,375
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 30, 2020
Sold by
Derksen Calvin W
Bought by
Et Properties Llc

Purchase Details

Closed on
Mar 23, 2005
Sold by
Koroma Fayimba P
Bought by
Derksen Calvin W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,400
Interest Rate
5.89%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 22, 2003
Sold by
Eisaman Real Estate Inc
Bought by
Koroma Fayimba P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,000
Interest Rate
6.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 31, 2003
Sold by
Brown Keith L and Brown Jamie S
Bought by
Haenner Dana D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,000
Interest Rate
6.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 22, 2003
Sold by
Haenner Dana
Bought by
Eisaman Real Estate Inc

Purchase Details

Closed on
Apr 14, 2003
Sold by
Brown Keith L and Brown Jamie S
Bought by
Haenner Dana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,000
Interest Rate
6%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 4, 2003
Sold by
Brown Keith L
Bought by
Haenner Dana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,000
Interest Rate
6%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 31, 2001
Sold by
Spring Street Wesleyan Church
Bought by
Brown Keith L and Brown Jamie S

Purchase Details

Closed on
Sep 13, 2001
Sold by
Sloan Dale A
Bought by
Spring Street Wesleyan Church
Source: Public Records

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Range of Values:

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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
Phases & Stages Llc $125,950 None Available
Fooladian Siyavash $72,500 Metropolitan Title Of Indiana
Et Properties Llc -- Harlan Jeffrey S
Et Properties Llc $57,915 Metropolitan Title Of Indian
Derksen Calvin W -- Meridian Title Corp
Koroma Fayimba P -- Ace Title Box
Haenner Dana D -- --
Eisaman Real Estate Inc -- Platinum Title Co
Haenner Dana -- American Title Inc
Haenner Dana -- American Title Inc
Haenner Dana $25,000 --
Brown Keith L -- Commonwealth Land Title Co
Spring Street Wesleyan Church -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Phases & Stages Llc $97,600
Previous Owner Fooladian Siyavash $77,000
Previous Owner Fooladian Siyavash $54,375
Previous Owner Derksen Calvin W $53,723
Previous Owner Derksen Calvin W $165,750
Previous Owner Derksen Calvin W $54,500
Previous Owner Derksen Calvin W $190,400
Previous Owner Koroma Fayimba P $44,000
Previous Owner Haenner Dana $15,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2021 10/13/21 Sold $125,950 -3.0% $61 / Sq Ft
09/08/2021 09/08/21 For Sale $129,900 -- $63 / 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 $2,204 $125,100 $7,900 $117,200
2022 $3,380 $150,400 $7,500 $142,900
2021 $1,635 $73,000 $5,600 $67,400
2020 $434 $11,900 $5,600 $6,300
2019 $14,211 $9,700 $5,600 $4,100
2018 $2,413 $45,100 $5,600 $39,500
2017 $863 $39,000 $5,600 $33,400
2016 $920 $42,200 $6,100 $36,100
2014 $549 $26,400 $5,900 $20,500
2013 $552 $26,600 $5,900 $20,700
Source: Public Records

Agents Affiliated with this Home

  • Jordan Wildman

    Seller's Agent in 2021

    Jordan Wildman

    eXp Realty, LLC

    (260) 498-0384

    1 in this area

    239 Total Sales

    Jordan Wildman
    Section Image
  • Heidi Haiflich

    Buyer's Agent in 2021

    Heidi Haiflich

    North Eastern Group Realty

    (260) 433-3969

    1 in this area

    179 Total Sales

    Heidi Haiflich
    Section Image
See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 202137604

Indiana Regional MLS

APN: 02-12-10-435-010.000-074

Indiana Allen County Fort Wayne 46802 Michigan Avenue

1119 Michigan Ave Unit 2, Fort Wayne, IN

This home is located at 1119 Michigan Ave Unit 2, Fort Wayne, IN 46802 since 08 September 2021 and is currently estimated at $157,689, approximately $75 per square foot. This property was built in 1900. 1119 Michigan Ave Unit 2 is a home located in Allen County with nearby schools including Study Elementary School, Kekionga Middle School, and South 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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