NOT LISTED FOR SALE

Estimated Value: $183,000 - $194,927

4 Beds
4 Baths
2,106 Sq Ft
$90/Sq Ft Est. Value

Last Sold March 09, 2022

Last sale price $150,000 $71 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $1,300/month

4 Days on Market

Highlights

  • 0.2 Acre Lot
  • Carpet
  • 1-minute walk to Bloomingdale Park
  • Level Lot

About This Home

As of March 2022

Four unit apartment building for sale in great location. Three apartments are occupied. One vacant. Off street parking. Gas and electric metered separately for each unit. CASH ONLY. AS IS. OFFERS WILL NOT BE RESPONDED TO UNTIL NOON ON 2/21/22.

Last Agent to Sell the Property

Vince Brown

Select Realty, LLC Listed on: 02/17/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,652

Year Built

  • Built in 1900

Lot Details

  • 8,751 Sq Ft Lot
  • Lot Dimensions are 50 x 181 x 57 x 141
  • Level Lot

Home Design

  • Quadruplex
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Partially Finished Basement

  • Block Basement Construction
  • Crawl Space

Parking

  • 4 Parking Spaces
  • Off-Street Parking

Schools

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

Utilities

  • Window Unit Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electric, heating
  • The owner pays for lawn maintenance, snow removal, sewer, trash collection
  • Assessor Parcel Number 02-12-02-152-007.000-074

Community Details

Overview

  • 4 Units
  • Sweetzer Subdivision

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $732
  • Fuel Expense $264
  • Maintenance Expense $3,000
  • Water Sewer Expense $756

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,652

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Fourplex
  • Year Built: 1900
  • Style: Two Story
  • Bedrooms: 4
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: 50 N of S 222.2 of W 175 ft Hanna out lot 13 S of High & E of Barthold
  • Parcel Number ID: 02-12-02-152-007.000-074
  • Platted: Yes
  • Amenities: Off Street Parking
  • Inside City Limits: Yes
  • Zoning Description: multiple family residential
  • County Zoning: R3
  • Special Features: None

Interior Features

  • Total Sq Ft: 3324
  • Total Finished Sq Ft: 2106
  • Above Grade Finished Sq Ft: 2106
  • Below Grade Sq Ft: 1218
  • Basement: Yes
  • Basement Foundation: Crawl, Partial Basement
  • Basement Material: Block
  • Flooring: Carpet, Vinyl
  • Total Below Grade Sq Ft: 1218
  • Number Of Ranges Ovens: 4

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 4
  • Parking: Off Street

Utilities

  • Cooling: Window
  • Heating Fuel: Electricity, Gas
  • Sewer: City
  • Water Utilities: City
  • Electric Company: AEP/I&M
  • Gas Company: NIPSCO
  • Water Company: Fort Wayne City Utilities
  • Annual Electric: 732
  • Annual Fuel Expense: 264
  • Annual Maintenance Expense: 3000
  • Annual Water Sewer Expense: 756
  • Number Electric Meters: 4
  • Number Gas Meters: 4
  • Number Water Meters: 1

Schools

  • Elementary School: Bloomingdale

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 50 x 181 x 57 x 141
  • Estimated Lot Sq Ft: 8751
  • Estimated Lot Size Acres: 0.2009
  • Lot Number: 13

Rental Info

  • Lease Term: 6 Months
  • Owner Pays: Lawn Maintenance, Snow Removal, Sewer, Trash Collection
  • Tenant Pays: Electric, Heating

Tax Info

  • Annual Property Tax: 1652

Multi Family

  • Number Of Refrigerators: 4
  • Number Of Units: 4
  • Num Of1 Bedrooms: 4

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
Feb 17, 2022
Closed on
Mar 4, 2022
Sold by
Mertens Sheila M
Bought by
Cumberland Development Company Llc
Seller's Agent
Vince Brown
Select Realty, LLC
List Price
$110,000
Sold Price
$150,000
Premium/Discount to List
$40,000
36.36%
Current Estimated Value
$189,976

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,976
Avg. Annual Appreciation
6.30%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cumberland Development Company Llc -- Neal Joshua C
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/09/2022 03/09/22 Sold $150,000 +36.4% $71 / Sq Ft
02/21/2022 02/21/22 Pending -- -- --
02/17/2022 02/17/22 For Sale $110,000 -- $52 / 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
2025 $3,804 $9,100 $9,100 --
2024 $3,804 $166,400 $19,700 $146,700
2022 $3,275 $145,700 $19,100 $126,600
2021 $2,040 $91,100 $7,200 $83,900
2020 $1,652 $75,500 $6,100 $69,400
2019 $1,065 $48,900 $8,100 $40,800
2018 $1,072 $48,900 $8,100 $40,800
2017 $1,082 $48,900 $8,100 $40,800
2016 $1,066 $48,900 $8,100 $40,800
2014 $1,016 $48,900 $8,100 $40,800
2013 $1,015 $48,900 $8,100 $40,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202205064

Indiana Regional MLS

APN: 02-12-02-152-007.000-074