NOT LISTED FOR SALE

1240 W Washington Blvd Fort Wayne, IN 46802

West Central Neighborhood

Estimated Value: $279,000 - $294,000

4 Beds
4 Baths
2,660 Sq Ft
$108/Sq Ft Est. Value

Last Sold October 14, 2024

Last sale price $275,000 $103 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,003/month

16 Days on Market

Highlights

  • Wood Flooring
  • Porch
  • 4-minute walk to Moody Park
  • Corner Lot
  • Forced Air Heating System

About This Home

As of October 2024

Investors: Reach out to an agent for all details on this property, including rent roll and income/expenses, showing times, etc. This is being sold in package with 4 other properties (10 total units). Seller is willing to package or sell individually.

Last Buyer's Agent

UPSTAR NonMember

Non-Member Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,109

Year Built

  • Built in 1900

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 59x105
  • Corner Lot

Parking

  • On-Street Parking

Home Design

  • Quadruplex
  • Shingle Siding
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Wood Flooring
  • Unfinished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Outdoor Features

  • Porch

Schools

  • Washington Elementary School
  • Portage Middle School
  • Wayne High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • 4 Units
  • Rock Hill / Rockhill Subdivision

Listing and Financial Details

  • Tenant pays for electric, fuel, sewer, water
  • The owner pays for building insurance, maintenance, tax
  • Assessor Parcel Number 02-12-10-228-002.000-074
  • Seller Concessions Offered

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,109

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: Rockhills Addition S 105' Lot 231 & Vac 8' Nelson St Adj on W
  • Parcel Number ID: 02-12-10-228-002.000-074
  • Platted: Yes
  • Amenities: Basement, Porch Open
  • Special Features: None

Interior Features

  • Total Sq Ft: 3990
  • Total Finished Sq Ft: 2660
  • Above Grade Finished Sq Ft: 2660
  • Below Grade Sq Ft: 1330
  • Basement: Yes
  • Basement Foundation: Unfinished
  • Flooring: Wood
  • Total Below Grade Sq Ft: 1330
  • Number Of Ranges Ovens: 4

Exterior Features

  • Exterior: Shingle, Vinyl
  • Stories: 2

Garage/Parking

  • Parking: Street

Utilities

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

Schools

  • Elementary School: Washington

Lot Info

  • Lot Description: Corner
  • Lot Dimensions: 59x105
  • Estimated Lot Sq Ft: 6098
  • Estimated Lot Size Acres: 0.14

Rental Info

  • Lease Term: Month to Month, 1 Year
  • Owner Pays: Building Insurance, Maintenance, Tax
  • Tenant Pays: Electric, Fuel, Sewer, Water

Tax Info

  • Annual Property Tax: 6109.3

Multi Family

  • Number Of Refrigerators: 4
  • Number Of Units: 4
  • Num Of1 Bedrooms: 4
  • Num Of Efficiencies: 1

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2024
Closed on
Oct 3, 2024
Sold by
Nine Units Llc
Bought by
Ramirez Emmanuel
Buyer's Agent
UPSTAR NonMember
Non-Member Office
List Price
$279,000
Sold Price
$275,000
Premium/Discount to List
-$4,000
-1.43%
Views
91
Current Estimated Value
$286,325

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,325
Avg. Annual Appreciation
4.12%
Original Mortgage
$206,250
Outstanding Balance
$204,082
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$82,243

Purchase Details

Closed on
Dec 16, 2021
Sold by
Prime Management Real Estate Llc
Bought by
Nine Units Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Interest Rate
3.11%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Aug 23, 2018
Closed on
Aug 23, 2018
Sold by
A And J Llc
Bought by
Arj Llc
Seller's Agent
Kevin Gerbers
CENTURY 21 Bradley Realty, Inc
Buyer's Agent
Kevin Gerbers
CENTURY 21 Bradley Realty, Inc
List Price
$295,000
Sold Price
$295,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.42%

Purchase Details

Listed on
Jun 15, 2017
Closed on
Jun 23, 2017
Sold by
J & A Equity Llc
Bought by
A And J Llc
Seller's Agent
Patrick Gillan
Antrim Group
Buyer's Agent
Joshua Lewis
Steffen Group
List Price
$120,000
Sold Price
$120,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
115.72%
Original Mortgage
$113,600
Interest Rate
4.02%
Mortgage Type
Commercial

Purchase Details

Listed on
Jun 15, 2017
Closed on
Jun 22, 2017
Sold by
Julie Dewitt
Bought by
J&A Equity Llc
Seller's Agent
Patrick Gillan
Antrim Group
Buyer's Agent
Joshua Lewis
Steffen Group
List Price
$120,000
Sold Price
$120,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,600
Interest Rate
4.02%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 23, 2013
Sold by
Patterson Rebecca A and Etzler Linda S
Bought by
Dewitt Jeffrey W and Dewitt Julie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,500
Interest Rate
4.33%
Mortgage Type
Commercial
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
Ramirez Emmanuel -- None Listed On Document
Nine Units Llc $350,000 None Available
Arj Llc -- None Available
A And J Llc -- Metropolitan Title Of In
J And A Equity Llc $142,000 Metropolitan Title Of In
J&A Equity Llc $120,000 --
Dewitt Jeffrey W -- Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramirez Emmanuel $206,250
Previous Owner Nine Units Llc $262,500
Previous Owner A And J Llc $113,600
Previous Owner Dewitt Jeffrey W $52,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/14/2024 10/14/24 Sold $275,000 -1.4% $103 / Sq Ft
08/28/2024 08/28/24 Pending -- -- --
08/12/2024 08/12/24 For Sale $279,000 -5.4% $105 / Sq Ft
08/23/2018 08/23/18 Sold $295,000 0.0% $111 / Sq Ft View Prior Sale
08/23/2018 08/23/18 Pending -- -- --
08/23/2018 08/23/18 For Sale $295,000 +145.8% $111 / Sq Ft
06/23/2017 06/23/17 Sold $120,000 0.0% $45 / Sq Ft View Prior Sale
06/15/2017 06/15/17 Pending -- -- --
06/15/2017 06/15/17 For Sale $120,000 -- $45 / 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 $5,818 $214,500 $53,700 $160,800
2023 $5,818 $262,400 $65,100 $197,300
2022 $6,307 $260,200 $65,100 $195,100
2021 $6,307 $281,600 $65,100 $216,500
2020 $6,009 $274,600 $65,100 $209,500
2019 $5,098 $234,100 $20,000 $214,100
2018 $2,328 $106,200 $23,500 $82,700
2017 $1,969 $89,000 $23,500 $65,500
2016 $1,864 $89,000 $23,500 $65,500
2014 $1,850 $89,000 $23,500 $65,500
2013 $896 $143,000 $23,500 $119,500
Source: Public Records

Agents Affiliated with this Home

  • U

    Buyer's Agent in 2024

    UPSTAR NonMember

    Non-Member Office

  • Kevin Gerbers

    Seller's Agent in 2018

    Kevin Gerbers

    CENTURY 21 Bradley Realty, Inc

    (260) 426-0633

    8 in this area

    145 Total Sales

    Kevin Gerbers
    Section Image
  • Patrick Gillan

    Seller's Agent in 2017

    Patrick Gillan

    Antrim Group

    (260) 420-5730

    65 Total Sales

    Patrick Gillan
    Section Image
  • Joshua Lewis

    Buyer's Agent in 2017

    Joshua Lewis

    Steffen Group

    (260) 273-9311

    1 in this area

    37 Total Sales

    Joshua Lewis
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202430859

Indiana Regional MLS

APN: 02-12-10-228-002.000-074

Indiana Allen County Fort Wayne 46802 West Central

1240 W Washington Blvd, Fort Wayne, IN

This home is located at 1240 W Washington Blvd, Fort Wayne, IN 46802 since 12 August 2024 and is currently estimated at $286,325, approximately $107 per square foot. This property was built in 1900. 1240 W Washington Blvd is a home located in Allen County with nearby schools including Washington Elementary School, Portage Middle School, and Wayne 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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