NOT LISTED FOR SALE

1120 W 4th St Fort Wayne, IN 46808

Hamilton Neighborhood

Estimated Value: $63,000 - $96,000

2 Beds
1 Bath
1,496 Sq Ft
$57/Sq Ft Est. Value

Last Sold September 30, 2020

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

Est. 120% increase in value since last sale

Current estimated payment $569/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 L
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%
Total Days on Market
49
Current Estimated Value
$84,640

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,240
Avg. Annual Appreciation
20.30%
Original Mortgage
$157,500
Outstanding Balance
$120,373
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
-$29,167

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

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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
Cloud 9 Real Estate Services L $52,500 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 L $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

  • Patsy Wimmer

    Seller's Agent in 2020

    Patsy Wimmer

    Rockfield Realty Group

    (260) 312-7079

    1 in this area

    11 Total Sales

    Patsy Wimmer
    Section Image
  • Tawana Isabel

    Buyer's Agent in 2020

    Tawana Isabel

    Rockfield Realty Group

    (260) 494-9741

    1 in this area

    37 Total Sales

    Tawana Isabel
    Section Image
See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 202026454

Indiana Regional MLS

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

Indiana Allen County Fort Wayne 46808 Hamilton

1120 W 4th St, Fort Wayne, IN

This home is located at 1120 W 4th St, Fort Wayne, IN 46808 since 10 July 2020 and is currently estimated at $84,640, approximately $56 per square foot. This property was built in 1930. 1120 W 4th St is a home located in Allen County with nearby schools including Bloomingdale 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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