NOT LISTED FOR SALE

Estimated Value: $177,000 - $208,000

3 Beds
3 Baths
3,036 Sq Ft
$64/Sq Ft Est. Value

Last Sold May 17, 2019

Last sale price $99,650 $33 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $1,178/month

128 Days on Market

Highlights

  • Forced Air Heating System
  • Level Lot
  • Carpet

About This Home

As of May 2019

100% occupied triplex with views of downtown! Bringing in $1600/month. 2 of the 3 units feature rehabs within the last 6 months. Great income producing property near downtown! Make an offer today!

Last Agent to Sell the Property

Sara Arevalo

CENTURY 21 Bradley Realty, Inc Listed on: 11/08/2018

CENTURY 21 Bradley Realty, Inc

Co-Listed By

Adam Gerig

CENTURY 21 Bradley Realty, Inc

Last Buyer's Agent

David Barlag

CENTURY 21 Bradley Realty, Inc

CENTURY 21 Bradley Realty, Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,200

Year Built

  • Built in 1900

Lot Details

  • 4,008 Sq Ft Lot
  • Lot Dimensions are 45x144
  • Level Lot

Home Design

  • Triplex
  • Vinyl Construction Material

Interior Spaces

  • 3,036 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for heating
  • The owner pays for electric, lawn maintenance, maintenance, sewer, snow removal, tax, trash collection, water
  • Assessor Parcel Number 02-12-01-131-003.000-074

Community Details

Overview

  • 3 Units

Pet Policy

  • Pet Restriction

Building Details

  • Electric Expense $2,100
  • Insurance Expense $700
  • Maintenance Expense $500
  • Water Sewer Expense $1,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,200

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1900
  • Age: 119
  • Style: Two Story
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: LOT 183 LAKESIDE PARK ADDITION |
  • Parcel Number ID: 02-12-01-131-003.000-074
  • Platted: Yes
  • Amenities: Basement
  • Sp Lp Percent: 100
  • Monthly Gross Income: 1600
  • Special Features: None

Interior Features

  • Total Sq Ft: 3036
  • Total Finished Sq Ft: 3036
  • Above Grade Finished Sq Ft: 3036
  • Price Per Sq Ft: 32.82
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Flooring: Carpet, Vinyl
  • Number Of Ranges Ovens: 3

Exterior Features

  • Exterior: Vinyl
  • Stories: 2

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Electric: 2100
  • Annual Insurance Expense: 700
  • Annual Maintenance Expense: 500
  • Annual Water Sewer Expense: 1800

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 45X144
  • Estimated Lot Sq Ft: 4008
  • Estimated Lot Size Acres: 0.092

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Electric, Lawn Maintenance, Maintenance, Sewer, Snow Removal, Tax, Trash Collection, Water
  • Tenant Pays: Heating

Multi Family

  • Gross Monthly Rent: 1600
  • Number Of Refrigerators: 3
  • Number Of Units: 3
  • Num Of1 Bedrooms: 1
  • Num Of2 Bedrooms: 1
  • Num Of Efficiencies: 1
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 1200

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2018
Closed on
May 17, 2019
Sold by
Rei Llc
Bought by
March Heather M
Seller's Agent
Sara Arevalo
CENTURY 21 Bradley Realty, Inc
Buyer's Agent
David Barlag
CENTURY 21 Bradley Realty, Inc
List Price
$99,900
Sold Price
$99,650
Premium/Discount to List
-$250
-0.25%
Current Estimated Value
$193,829

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,179
Avg. Annual Appreciation
9.78%
Original Mortgage
$97,844
Outstanding Balance
$87,903
Interest Rate
4.62%
Mortgage Type
FHA
Estimated Equity
$92,844

Purchase Details

Closed on
May 2, 2018
Sold by
Marqueling Donald J and Marqueling Ann M
Bought by
Gerig Adam
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
March Heather M $99,650 Centurion Land Title Inc
Gerig Adam $65,000 Centurion Land Title Inc
Inpro Rei Llc $65,000 Centurion Land Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open March Heather M $97,844
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2019 05/17/19 Sold $99,650 0.0% $33 / Sq Ft
03/16/2019 03/16/19 Pending -- -- --
12/14/2018 12/14/18 Price Changed $99,650 -0.3% $33 / Sq Ft
12/11/2018 12/11/18 For Sale $99,900 0.0% $33 / Sq Ft
11/18/2018 11/18/18 Pending -- -- --
11/08/2018 11/08/18 For Sale $99,900 -- $33 / 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 $1,795 $149,000 $28,500 $120,500
2023 $1,795 $121,600 $26,700 $94,900
2022 $1,563 $101,600 $9,800 $91,800
2021 $1,648 $101,600 $9,800 $91,800
2020 $1,584 $98,800 $9,800 $89,000
2019 $390 $62,200 $5,000 $57,200
2018 $1,348 $61,500 $5,200 $56,300
2017 $1,301 $58,800 $6,000 $52,800
2016 $1,260 $57,800 $6,200 $51,600
2014 $1,147 $55,200 $7,100 $48,100
2013 $1,615 $77,800 $8,900 $68,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201849975

Indiana Regional MLS

APN: 02-12-01-131-003.000-074