NOT LISTED FOR SALE

Estimated Value: $64,000 - $125,598

2 Beds
1 Bath
1,496 Sq Ft
$67/Sq Ft Est. Value

Last Sold September 30, 2020

Last sale price $38,400 $26 Per Sq Ft

Est. 160% increase in value since last sale

Current estimated payment $621/month

49 Days on Market

Highlights

  • Covered Patio or Porch
  • Wood Siding
  • 1-Story Property
  • Level Lot
  • Carpet

About This Home

As of September 2020

Nice 2 bedroom rental with long term tenant, wanting to stay on. Good cash flow and ready to add to your portfolio.

Last Agent to Sell the Property

Patsy Wimmer

Rockfield Realty Group Listed on: 07/10/2020

Last Buyer's Agent

Tawana Isabel

Rockfield Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $608

Year Built

  • Built in 1930

Lot Details

  • 1,751 Sq Ft Lot
  • Lot Dimensions are 34 x 50
  • Level Lot

Home Design

  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Carpet
  • Carbon Monoxide Detectors

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Outdoor Features

  • Covered Patio or Porch

Schools

  • Bloomingdale Elementary School
  • Lakeside Middle School
  • North Side High School

Utilities

  • Window Unit Cooling System
  • Heating System Uses Gas
  • Community Well
  • Electric Water Heater

Listing and Financial Details

  • Tenant pays for electric, fuel, water
  • Assessor Parcel Number 02-12-03-227-008.000-074

Community Details

Overview

  • Archer Subdivision

Pet Policy

  • Pet Restriction

Building Details

  • Insurance Expense $388
  • Maintenance Expense $600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$608

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Year Built: 1930
  • Age: 90
  • Style: One Story
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: E 35 FT LOT 94 ARCHERS ADD
  • Parcel Number ID: 02-12-03-227-008.000-074
  • Platted: Yes
  • Amenities: Basement, Detector-Carbon Monoxide, Patio Covered, Porch Covered, Water Heater Electric
  • Road Access: City
  • Road Surface: Paved
  • Sp Lp Percent: 93.66
  • Annual Miscellaneous: 372
  • Monthly Gross Income: 450
  • Year Taxes Payable: 2019
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 1496
  • Total Finished Sq Ft: 1496
  • Above Grade Finished Sq Ft: 748
  • Below Grade Finished Sq Ft: 748
  • Price Per Sq Ft: 51.34
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Flooring: Carpet
  • Total Below Grade Sq Ft: 748
  • Number Of Ranges Ovens: 1
  • Number Ttl Rooms Below Grade: 1

Exterior Features

  • Exterior: Wood
  • Stories: 1

Utilities

  • Cooling: Window
  • Heating Fuel: Gas
  • Sewer: City
  • Water Utilities: City
  • Well Type: Community
  • Annual Insurance Expense: 388
  • Annual Maintenance Expense: 600
  • Number Of W D Hookups: 1

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 34 X 50
  • Estimated Lot Sq Ft: 1751
  • Estimated Lot Size Acres: 0.0402

Rental Info

  • Lease Term: 2 Years
  • Tenant Pays: Electric, Fuel, Water

Multi Family

  • Gross Monthly Rent: 450
  • Number Of Refrigerators: 1
  • Number Of Units: 1
  • Num Of2 Bedrooms: 1
  • Num Of Units Rented: 1

Tax Info

  • Annual Property Tax: 608

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
Jul 10, 2020
Closed on
Sep 30, 2020
Sold by
Wimmer William R
Bought by
Cloud 9 Real Estate Services Llc
Seller's Agent
Patsy Wimmer
Rockfield Realty Group
Buyer's Agent
Tawana Isabel
Rockfield Realty Group
List Price
$41,000
Sold Price
$38,400
Premium/Discount to List
-$2,600
-6.34%
Current Estimated Value
$99,866

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,466
Avg. Annual Appreciation
21.16%
Original Mortgage
$157,500
Outstanding Balance
$112,219
Interest Rate
2.5%
Mortgage Type
New Conventional
Estimated Equity
-$12,353

Purchase Details

Closed on
Aug 9, 2006
Sold by
Brown Frances Joan and Volkert Frances Joan
Bought by
Fisher Property Management Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$11,000
Interest Rate
6.78%
Mortgage Type
Unknown
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
Cloud 9 Real Estate Services Llc -- Fidelity National Title
Fisher Property Management Llc -- Meridian Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cloud 9 Real Estate Services Llc $157,500
Previous Owner Fisher Property Management Llc $11,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2020 09/30/20 Sold $38,400 -6.3% $26 / Sq Ft
08/28/2020 08/28/20 Pending -- -- --
07/10/2020 07/10/20 For Sale $41,000 -- $27 / 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 $1,129 $68,000 $8,700 $59,300
2022 $964 $42,900 $3,700 $39,200
2021 $730 $32,600 $2,500 $30,100
2020 $641 $29,300 $2,800 $26,500
2019 $608 $27,900 $2,900 $25,000
2018 $739 $33,700 $3,500 $30,200
2017 $739 $33,400 $3,400 $30,000
2016 $484 $22,200 $2,300 $19,900
2014 $478 $23,000 $2,900 $20,100
2013 $436 $21,000 $2,600 $18,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202026454

Indiana Regional MLS

APN: 02-12-03-227-008.000-074