$75,000
SOLD JUL 28, 2016
5 Beds
4 Baths
3,074 Sq Ft
6,752 Sq Ft Lot

Recently Sold

$24 Per Sq Ft

29% Below List Price

210 Days on Market

Highlights

  • Central Air
  • Level Lot
  • Wood Siding

About This Home

As of July 2016

Very well maintained 4-plex with 3 units currently occupied. Perfect to live in one(biggest of 4 units) and let the other 3 units make your payments! Natural woodwork is ornate in front apartment. Close to Lakeside Park & River Greenway. Basement has a laundry hookup available. Newer electrical panel in back unit. 4 stoves and 4 refrigerators are included. Large enclosed porch on font unit. Shed and off street parking. This is a great opportunity for a perfect starter investment or the experienced property manager.

Last Agent to Sell the Property

Adam Gerig

CENTURY 21 Bradley Realty, Inc Listed on: 11/23/2015

CENTURY 21 Bradley Realty, Inc

Last Buyer's Agent

Abby Dick

Coldwell Banker Real Estate Gr

Coldwell Banker Real Estate Gr

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 6,752 Sq Ft Lot
  • Lot Dimensions are 45x150
  • Level Lot

Home Design

  • Quadruplex
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Parking

  • 3 Parking Spaces
  • Off-Street Parking

Schools

  • Forest Park Elementary School
  • Lakeside Middle School
  • North Side High School

Utilities

  • Central Air
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electric, heating
  • The owner pays for water
  • Assessor Parcel Number 02-12-01-205-010.000-074

Community Details

Overview

  • 4 Units
  • Lakeside Park Subdivision

Pet Policy

  • Pet Restriction

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Fourplex
  • Year Built: 1910
  • Age: 106
  • Style: Two Story
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 5
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: LOT 395 LAKESIDE PARK ADD |
  • Parcel Number ID: 02-12-01-205-010.000-074
  • Platted: Yes
  • Amenities: Basement, Off Street Parking
  • Sp Lp Percent: 80.73
  • Monthly Gross Income: 1160
  • Year Taxes Payable: 2014
  • Special Features: None

Interior Features

  • Total Sq Ft: 3474
  • Total Finished Sq Ft: 3074
  • Above Grade Finished Sq Ft: 3074
  • Below Grade Sq Ft: 400
  • Price Per Sq Ft: 24.4
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Flooring: Mixed
  • Total Below Grade Sq Ft: 400
  • Number Of Ranges Ovens: 4

Exterior Features

  • Exterior: Wood
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 3

Utilities

  • Cooling: Central Air
  • Heating Fuel: Electricity, Gas
  • Sewer: City
  • Water Utilities: City
  • Number Of W D Hookups: 1

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 45x150
  • Estimated Lot Sq Ft: 6752
  • Estimated Lot Size Acres: 0.155
  • Lot Number: 395

Rental Info

  • Lease Term: 1 Year, Month to Month
  • Owner Pays: Water
  • Tenant Pays: Electric, Heating

Tax Info

  • Total Assessed Value: 98200
  • Annual Property Tax: 2039

Multi Family

  • Gross Monthly Rent: 1160
  • Number Of Dryers: 1
  • Number Of Refrigerators: 4
  • Number Of Units: 4
  • Number Of Washers: 1
  • Num Of1 Bedrooms: 3
  • Num Of2 Bedrooms: 1
  • Num Of Units Rented: 3

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
Nov 23, 2015
Closed on
Aug 5, 2016
Sold by
Kobos Jason A
Bought by
Michael J Macintyre Inc
Seller's Agent
Adam Gerig
CENTURY 21 Bradley Realty, Inc
Buyer's Agent
Abby Dick
Coldwell Banker Real Estate Gr
List Price
$105,900
Sold Price
$75,000
Premium/Discount to List
-$30,900
-29.18%
Current Estimated Value
$308,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$233,000
Avg. Annual Appreciation
15.85%
Original Mortgage
$56,250
Interest Rate
3.43%

Purchase Details

Listed on
Nov 23, 2015
Closed on
Jul 29, 2016
Sold by
Kobos Jason A and Kobos Jason A
Bought by
Michael J Macintyre Inc
Seller's Agent
Adam Gerig
CENTURY 21 Bradley Realty, Inc
Buyer's Agent
Abby Dick
Coldwell Banker Real Estate Gr
List Price
$105,900
Sold Price
$75,000
Premium/Discount to List
-$30,900
-29.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,250
Interest Rate
3.43%

Purchase Details

Closed on
Sep 18, 2008
Sold by
Bank Of New York
Bought by
Kobos Jason A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,472
Interest Rate
6.52%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 2, 2008
Sold by
Countrywide Home Loans Inc
Bought by
Bank Of New York and Certificateholders Of Countrywide Asset

Purchase Details

Closed on
Apr 22, 2008
Sold by
Silva Raymond P
Bought by
Countrywide Home Loans Inc and Americas Wholesale Lender

Purchase Details

Closed on
Jun 29, 2007
Sold by
Silva Raymond P and Silva Nancy
Bought by
Silva Nancy

Purchase Details

Closed on
Aug 31, 2006
Sold by
Silva Raymond Paul
Bought by
Silva Raymond P and Silva Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,500
Interest Rate
10.48%
Mortgage Type
Commercial
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 Type Sale Price Title Company
Deed $66,200 --
Warranty Deed -- --
Special Warranty Deed -- Resource Title Agency Inc
Limited Warranty Deed -- None Available
Sheriffs Deed $72,250 None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Progressive Land Title Of In
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $56,250 No Value Available
Closed -- No Value Available
Closed $56,250 New Conventional
Previous Owner $65,472 FHA
Previous Owner $108,500 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/03/2018 03/03/18 Rented $475 +11.8% --
03/02/2018 03/02/18 Under Contract -- -- --
01/11/2018 01/11/18 Rented $425 -10.5% --
01/06/2018 01/06/18 For Rent $475 +5.6% --
01/05/2018 01/05/18 Under Contract -- -- --
10/26/2017 10/26/17 For Rent $450 +5.9% --
04/05/2017 04/05/17 Rented $425 0.0% --
03/21/2017 03/21/17 Under Contract -- -- --
02/18/2017 02/18/17 For Rent $425 0.0% --
07/28/2016 07/28/16 Sold $75,000 -29.2% $24 / Sq Ft
06/20/2016 06/20/16 Pending -- -- --
11/23/2015 11/23/15 For Sale $105,900 -- $34 / 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 $4,412 $243,400 $33,500 $209,900
2023 $4,412 $193,000 $20,800 $172,200
2022 $3,275 $145,700 $18,200 $127,500
2021 $3,216 $143,600 $7,300 $136,300
2020 $2,112 $96,500 $5,200 $91,300
2019 $1,651 $75,800 $9,900 $65,900
2018 $1,662 $75,800 $9,900 $65,900
2017 $1,677 $75,800 $9,900 $65,900
2016 $1,646 $75,800 $9,900 $65,900
2014 $2,039 $98,200 $9,900 $88,300
2013 $1,903 $91,800 $9,000 $82,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201608810

Indiana Regional MLS

APN: 02-12-01-205-010.000-074