NOT LISTED FOR SALE

Estimated Value: $108,000 - $140,510

4 Beds
2 Baths
1,708 Sq Ft
$76/Sq Ft Est. Value

Last Sold July 14, 2022

Last sale price $92,150 $54 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $873/month

1 Day on Market

About This Home

As of July 2022

Up and running duplex located just north of Downtown and within walking distance of Riverfront. Both units feature 2 bedrooms and 1 bath. Lower unit is larger with laundry and basement access. Upper unit is vacant and lower unit is on month-to-month lease. Great cash flow property. Priced for quick As-Is sale.

Last Agent to Sell the Property

Christopher Incremona

Bankers Realty Inc. Listed on: 06/29/2022

Last Buyer's Agent

Jared Paden

Paden Company Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,344

Year Built

  • Built in 1920

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 34x90
  • Corner Lot
  • Level Lot

Home Design

  • Duplex

Interior Spaces

  • 2-Story Property
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Schools

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

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electric
  • The owner pays for sewer, water
  • Assessor Parcel Number 02-12-03-280-003.000-074

Community Details

Overview

  • 2 Units
  • Sauerweins Subdivision

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Fuel Expense $1,512
  • Insurance Expense $600
  • Water Sewer Expense $1,764

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,344

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1920
  • Age: 102
  • Style: Two Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Sauerweins Subdivision N 17 1/3' of E 34' Lot 11 & E 34' Lot 12
  • Parcel Number ID: 02-12-03-280-003.000-074
  • Platted: Yes
  • Amenities: Basement
  • Sp Lp Percent: 92.24
  • Monthly Gross Income: 1400
  • Year Taxes Payable: 2022
  • Special Features: None

Interior Features

  • Total Sq Ft: 2524
  • Total Finished Sq Ft: 1708
  • Above Grade Finished Sq Ft: 1708
  • Below Grade Sq Ft: 816
  • Price Per Sq Ft: 53.95
  • Basement: Yes
  • Basement Foundation: Partial Basement
  • Flooring: Mixed
  • Main Level Sq Ft: 1072
  • Total Below Grade Sq Ft: 816
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Aluminum
  • Stories: 2

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: AEP/I&M
  • Gas Company: NIPSCO
  • Water Company: Fort Wayne City Utilities
  • Annual Fuel Expense: 1512
  • Annual Insurance Expense: 600
  • Annual Water Sewer Expense: 1764
  • Number Electric Meters: 2
  • Number Gas Meters: 1
  • Number Of W D Hookups: 1
  • Number Water Meters: 1

Schools

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

Lot Info

  • Lot Description: Corner, Level
  • Lot Dimensions: 34x90
  • Estimated Lot Sq Ft: 3049
  • Estimated Lot Size Acres: 0.07

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Sewer, Water
  • Tenant Pays: Electric

Multi Family

  • Gross Monthly Rent: 1400
  • Number Of Dishwashers: 1
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 1

Tax Info

  • Annual Property Tax: 1343.82

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
Jun 29, 2022
Closed on
Jul 8, 2022
Sold by
Sorg Property Management Llc
Bought by
A Cord Of Iii Llc
Seller's Agent
Christopher Incremona
Bankers Realty Inc.
Buyer's Agent
Jared Paden
Paden Company Real Estate
List Price
$99,900
Sold Price
$92,150
Premium/Discount to List
-$7,750
-7.76%
Current Estimated Value
$129,628

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,478
Avg. Annual Appreciation
6.69%

Purchase Details

Closed on
Jun 29, 2015
Sold by
Spieth Gloria A
Bought by
Sorg Property Management Llc
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
A Cord Of Iii Llc -- Renaissance Title
Sorg Property Management Llc -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2022 07/14/22 Sold $92,150 -7.8% $54 / Sq Ft
06/30/2022 06/30/22 Pending -- -- --
06/29/2022 06/29/22 For Sale $99,900 -- $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 $2,021 $85,700 $8,300 $77,400
2022 $1,375 $61,200 $6,600 $54,600
2021 $1,344 $60,000 $4,100 $55,900
2020 $1,243 $56,800 $4,000 $52,800
2019 $1,041 $47,800 $4,300 $43,500
2018 $1,201 $54,800 $5,300 $49,500
2017 $734 $33,200 $3,800 $29,400
2016 $723 $33,200 $3,800 $29,400
2014 $567 $32,300 $3,800 $28,500
2013 $438 $21,100 $5,800 $15,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202226483

Indiana Regional MLS

APN: 02-12-03-280-003.000-074