NOT LISTED FOR SALE

Estimated Value: $174,000 - $202,000

3 Beds
3 Baths
1,600 Sq Ft
$117/Sq Ft Est. Value

Last Sold October 24, 2012

Last sale price $20,000 $12 Per Sq Ft

Est. 777% increase in value since last sale

Current estimated payment $1,114/month

132 Days on Market

Highlights

  • Porch
  • Baseboard Heating
  • Carpet
  • Forced Air Heating System
  • Level Lot
  • 3-minute walk to Moody Park

About This Home

As of October 2012

ATTENTION INVESTORS--Here's a RARE OPPORTUNITY---for only $28,900 you can own this great income producing TRIPLEX. All units are 1 bedroom and all have SEPERATE UTILITIES except water!! Most of the work has been done for you with the following updates: most windows, vinyl siding, 3 water heaters, 2 furnaces, 2 kitchens, 3 baths, and flooring in 2 of the units, all within the past 10 years! The 3rd unit is ready for your handy work to finish as you want, newer kitchen and bath are done. Add to this a detached garage and convenient locatiion, close to the bus line, downtown and parks and you have a great investment!!

Last Agent to Sell the Property

Sandi Gratz

CENTURY 21 Bradley Realty, Inc Listed on: 06/01/2012

CENTURY 21 Bradley Realty, Inc

Last Buyer's Agent

Mark Noneman

Noneman Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1912

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 25x150
  • Level Lot

Parking

  • Off-Street Parking

Home Design

  • Triplex
  • Vinyl Construction Material

Interior Spaces

  • 3 Full Bathrooms
  • 2-Story Property
  • Partially Finished Basement

Flooring

  • Carpet
  • Laminate

Schools

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

Utilities

  • Forced Air Heating System
  • Baseboard Heating
  • Heating System Uses Gas
  • Electric Water Heater

Additional Features

  • Porch
  • Suburban Location

Listing and Financial Details

  • Tenant pays for heating, lawn maintenance
  • The owner pays for water
  • Assessor Parcel Number 021210279010000074

Community Details

Overview

  • 3 Units
  • Swinney Subdivision

Building Details

  • 3 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $350
  • Maintenance Expense $200
  • Water Sewer Expense $700

Property Details

Home Type

Multi-Family

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1912
  • Age: 100
  • Style: Two Story
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: E 1/2 Lot 16 Swinneys Add |
  • Parcel Number ID: 021210279010000074
  • Platted: Yes
  • Amenities: Off Street Parking, Porch Open, Water Heater Electric
  • Location: City/Town/Suburb
  • Sp Lp Percent: 69.2
  • State Id: 02-12-10-279-010.000-074
  • Annual Miscellaneous: 100
  • Special Features: None

Interior Features

  • Total Sq Ft: 2432
  • Total Finished Sq Ft: 1600
  • Above Grade Finished Sq Ft: 1600
  • Below Grade Sq Ft: 832
  • Price Per Sq Ft: 12.5
  • Basement Foundation: Partial Basement
  • Flooring: Carpet, Laminate
  • Total Below Grade Sq Ft: 832
  • Number Of Ranges Ovens: 3

Exterior Features

  • Exterior: Vinyl
  • Stories: 2

Utilities

  • Heating Fuel: Electricity, Gas, Baseboard, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 350
  • Annual Maintenance Expense: 200
  • Annual Water Sewer Expense: 700
  • Number Electric Meters: 3
  • Number Gas Meters: 2
  • Number Water Meters: 1

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 25x150
  • Estimated Lot Sq Ft: 4792
  • Estimated Lot Size Acres: 0.11
  • Lot Number: 16

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Water
  • Tenant Pays: Heating, Lawn Maintenance

Tax Info

  • Annual Property Tax: 532

Multi Family

  • Number Of Refrigerators: 3
  • Number Of Units: 3
  • Num Of1 Bedrooms: 3

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 19, 2015
Sold by
Revest Now Llc
Bought by
1215 Wall Land Trust
Current Estimated Value
$175,333

Purchase Details

Listed on
Jun 1, 2012
Closed on
Oct 19, 2012
Sold by
Beason Wall Street Llc
Bought by
Revest Now Llc
Seller's Agent
Sandi Gratz
CENTURY 21 Bradley Realty, Inc
Buyer's Agent
Mark Noneman
Noneman Realty
List Price
$28,900
Sold Price
$20,000
Premium/Discount to List
-$8,900
-30.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.71%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
1215 Wall Land Trust -- None Available
Revest Now Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Revest Now Llc $27,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/24/2012 10/24/12 Sold $20,000 -30.8% $13 / Sq Ft
10/11/2012 10/11/12 Pending -- -- --
06/01/2012 06/01/12 For Sale $28,900 -- $18 / 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 $1,907 $117,500 $9,400 $108,100
2023 $1,907 $83,400 $9,400 $74,000
2022 $1,623 $72,200 $5,300 $66,900
2021 $1,413 $63,100 $4,000 $59,100
2020 $1,411 $64,500 $4,000 $60,500
2019 $226 $10,400 $4,000 $6,400
2018 $248 $11,300 $4,000 $7,300
2017 $854 $38,600 $4,000 $34,600
2016 $835 $38,300 $4,000 $34,300
2014 $515 $24,800 $4,000 $20,800
2013 $488 $23,500 $4,000 $19,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201206133

Indiana Regional MLS

APN: 02-12-10-279-010.000-074