NOT LISTED FOR SALE

1128 Michigan Ave Fort Wayne, IN 46802

Michigan Avenue Neighborhood

Estimated Value: $84,000 - $186,000

3 Beds
1.5 Baths
1,542 Sq Ft
$77/Sq Ft Est. Value

Last Sold April 01, 2022

Last sale price $75,000 $49 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $817/month

2 Days on Market

Highlights

  • Partially Wooded Lot
  • Covered Patio or Porch
  • Wood Siding
  • Wood Flooring
  • Forced Air Heating System

About This Home

As of April 2022

***Great Investment Opportunity Near Fort Wayne's Electric Works Project*** This 3 Bedroom 1.5 Bath home is located just minutes from Downtown Fort Wayne. It features hardwood floors on the main and has replacement windows all around. The home is currently vacant and was previously under rented at the price of $500 per month. Today the home is vacant and would not only make an excellent investment for someone looking for an affordable rental but will also appeal to a first time home owner looking for something on a budget. There is also a bonus room downstairs that would make for a perfect office or den. Inspections are welcome but all sales are As-Is and Seller is not willing to make repairs. This home is also part of an investment portfolio and Sellers are willing to entertain a package deal. SEE MLS #'s 202208119, 202208279, 202208289, 202208301, 202208308

Last Agent to Sell the Property

David Barlag

CENTURY 21 Bradley Realty, Inc Listed on: 03/14/2022

CENTURY 21 Bradley Realty, Inc

Last Buyer's Agent

Rachel Morgan-Hamilton

Beach Vibes Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,298

Year Built

  • Built in 1890

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 40 x 136
  • Partially Wooded Lot

Home Design

  • Shingle Roof
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Wood Flooring
  • Partially Finished Basement
  • Stone or Rock in Basement
  • Gas Oven or Range

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Study Elementary School
  • Kekionga Middle School
  • South Side High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Additional Features

  • Covered Patio or Porch
  • Suburban Location

Community Details

  • Old Orchard Subdivision

Listing and Financial Details

  • Assessor Parcel Number 02-12-10-434-005.000-074

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,298

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1890
  • Age: 132
  • Style: Two Story
  • Total Number of Rooms: 7
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 1
  • Total Number of Half Bathrooms: 1
  • Legal Description: Lot 24 Old Orchard Add
  • Parcel Number ID: 02-12-10-434-005.000-074
  • Platted: Yes
  • Amenities: Deck Open, Near Walking Trail, Porch Covered, Range/Oven Hook Up Gas
  • Cross Street: Broadway
  • Location: City/Town/Suburb
  • Sp Lp Percent: 83.43
  • Year Taxes Payable: 2020
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 2456
  • Total Finished Sq Ft: 1542
  • Above Grade Finished Sq Ft: 1542
  • Below Grade Sq Ft: 914
  • Price Per Sq Ft: 48.64
  • Basement: Yes
  • Basement Foundation: Partial Basement
  • Basement Material: Stone
  • Flooring: Hardwood Floors
  • Living Great Room: Dimensions: 13x15, On Level: Main
  • Kitchen: Dimensions: 11x13, On Level: Main
  • Dining Room: Dimensions: 12x13, On Level: Main
  • Extra Room: Dimensions: 7x10, On Level: Upper
  • Bedroom 1: Dimensions: 10x13, On Level: Main
  • Bedroom 2: Dimensions: 13x15, On Level: Upper
  • Bedroom 3: Dimensions: 12x13, On Level: Upper
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 914

Exterior Features

  • Exterior: Wood
  • Roof Material: Asphalt, Shingle
  • Outbuilding1: None

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Laundry: Dimensions: Mainx8, On Level: 5

Schools

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

Lot Info

  • Lot Description: Partially Wooded
  • Lot Dimensions: 40 x 136
  • Estimated Lot Sq Ft: 5227
  • Estimated Lot Size Acres: 0.12
  • Lot Number: 24

Tax Info

  • Annual Taxes: 1298

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2022
Closed on
Apr 11, 2022
Sold by
Phennix Holdings Llc
Bought by
Neutra Properties Llc
Seller's Agent
David Barlag
CENTURY 21 Bradley Realty, Inc
Buyer's Agent
Rachel Morgan-Hamilton
Beach Vibes Realty
List Price
$89,900
Sold Price
$75,000
Premium/Discount to List
-$14,900
-16.57%
Current Estimated Value
$118,215

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,215
Avg. Annual Appreciation
14.36%

Purchase Details

Listed on
Mar 14, 2022
Closed on
Apr 5, 2022
Sold by
Phennix Holdings Llc
Bought by
Neutra Properties Llc
Seller's Agent
David Barlag
CENTURY 21 Bradley Realty, Inc
Buyer's Agent
Rachel Morgan-Hamilton
Beach Vibes Realty
List Price
$89,900
Sold Price
$75,000
Premium/Discount to List
-$14,900
-16.57%

Purchase Details

Closed on
Feb 9, 2010
Sold by
First Merchants Bank N A
Bought by
Halmari Ilkka

Purchase Details

Closed on
Jun 12, 2009
Sold by
Kmg Rentals Ii Llc
Bought by
First Merchants Bank Na

Purchase Details

Closed on
Oct 23, 2007
Sold by
Nta Property Management Llc
Bought by
Kmg Rentals Ii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,600
Interest Rate
6.38%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 1, 2006
Sold by
Blosser Lisbeth A
Bought by
Nta Property Management Llc

Purchase Details

Closed on
Jan 2, 2001
Sold by
Swihart Thomas A
Bought by
Bonar Terry L and Bonar Melodie L
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
Neutra Properties Llc -- Centurion Land Title
Phennix Holdings Llc -- Centurion Land Title
Halmari Ilkka -- Riverbend Title
First Merchants Bank Na -- Commonwealth-Dreibelbiss Tit
Kmg Rentals Ii Llc -- Titan Title Services Llc
Nta Property Management Llc $13,000 None Available
Bonar Terry L -- --
Neutra Properties Llc $75,000 Centurion Land Title
Phennix Holdings Llc $75,000 Centurion Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kmg Rentals Ii Llc $48,000
Previous Owner Kmg Rentals Ii Llc $45,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2022 04/01/22 Sold $75,000 -16.6% $49 / Sq Ft
03/16/2022 03/16/22 Pending -- -- --
03/14/2022 03/14/22 For Sale $89,900 -- $58 / 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 $2,074 $71,500 $7,800 $63,700
2022 $1,510 $67,200 $7,700 $59,500
2021 $1,304 $58,200 $5,700 $52,500
2020 $1,547 $59,300 $5,700 $53,600
2019 $891 $40,900 $5,700 $35,200
2018 $840 $38,300 $5,200 $33,100
2017 $708 $32,000 $5,000 $27,000
2016 $582 $26,700 $4,200 $22,500
2014 $557 $26,800 $6,000 $20,800
2013 $560 $27,000 $6,000 $21,000
Source: Public Records

Agents Affiliated with this Home

  • David Barlag

    Seller's Agent in 2022

    David Barlag

    CENTURY 21 Bradley Realty, Inc

    (260) 750-5737

    3 in this area

    100 Total Sales

    David Barlag
    Section Image
  • Rachel Morgan-Hamilton

    Buyer's Agent in 2022

    Rachel Morgan-Hamilton

    Beach Vibes Realty

    (260) 494-6154

    1 in this area

    33 Total Sales

    Rachel Morgan-Hamilton
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202208279

Indiana Regional MLS

APN: 02-12-10-434-005.000-074

Indiana Allen County Fort Wayne 46802 Michigan Avenue

1128 Michigan Ave, Fort Wayne, IN

This home is located at 1128 Michigan Ave, Fort Wayne, IN 46802 since 14 March 2022 and is currently estimated at $118,215, approximately $76 per square foot. This property was built in 1890. 1128 Michigan Ave 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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