NOT LISTED FOR SALE

Estimated Value: $132,000 - $190,000

6 Beds
3 Baths
4,252 Sq Ft
$38/Sq Ft Est. Value

Last Sold June 28, 2019

Last sale price $80,000 $19 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $1,062/month

8 Days on Market

Highlights

  • Detached Second Garage
  • Porch
  • Multiple cooling system units
  • Wood Flooring
  • Entrance Foyer
  • 4-minute walk to Ivan Lebamoff Reservoir Park

About This Home

As of June 2019

Remarkable Investment Property located in the heart of Fort Wayne. This property is a triple delight with 3 possible income producing units. All the bones are there, you just need a little elbow grease to get this beauty back to shining! Invest today; Profit Tomorrow!

Last Agent to Sell the Property

Aaron Ruemler

Keller Williams Monticello Listed on: 05/21/2019

Keller Williams Monticello

Last Buyer's Agent

Justin Heflin

Mike Thomas Assoc., Inc

Mike Thomas Assoc., Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,034

Year Built

  • Built in 1903

Lot Details

  • 7,500 Sq Ft Lot
  • Lot Dimensions are 50x150
  • Level Lot

Home Design

  • Triplex
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 3-Story Property
  • Ceiling Fan
  • Entrance Foyer
  • Laminate Countertops
  • Partially Finished Basement

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Parking

  • 4 Car Garage
  • Detached Second Garage
  • Off-Street Parking

Schools

  • Fairfield Elementary School
  • Kekionga Middle School
  • Wayne High School

Utilities

  • Multiple cooling system units
  • Central Air

Additional Features

  • Porch
  • Suburban Location

Community Details

  • 3 Units
  • Community Storage Space

Listing and Financial Details

  • Assessor Parcel Number 02-12-11-429-029.000-074

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,034

Year Built

Built in 1903

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1903
  • Age: 116
  • Style: Three Story
  • Bedrooms: 6
  • Number Above Grade Bedrooms: 6
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: LOT 275 HAMILTONS 4TH ADD
  • Parcel Number ID: 02-12-11-429-029.000-074
  • Platted: Yes
  • Amenities: Basement, Ceiling Fan, Fireplace, Off Street Parking, Storage, Countertops-Laminate, Foyer Entry, Porch Open
  • Location: City/Town/Suburb
  • Sp Lp Percent: 76.26
  • Year Taxes Payable: 2019
  • Special Features: None

Interior Features

  • Total Sq Ft: 6867
  • Total Finished Sq Ft: 4252
  • Above Grade Finished Sq Ft: 4252
  • Above Grade Unfinished Sq Ft: 1046
  • Below Grade Sq Ft: 1569
  • Price Per Sq Ft: 18.81
  • Basement: Yes
  • Basement Foundation: Partial Basement, Slab, Unfinished
  • Flooring: Laminate, Wood
  • Total Below Grade Sq Ft: 1569
  • Number Of Microwaves: 1
  • Number Of Ranges Ovens: 3

Exterior Features

  • Exterior: Brick
  • Roof Material: Shingle
  • Stories: 3
  • Outbuilding: 2nd Detached Garage
  • Outbuilding Sq Ft: 720

Garage/Parking

  • Number Of Parking Spaces: 4
  • Parking: Garage, Off Street

Utilities

  • Cooling: Central Air, Multiple Cooling Units
  • Heating Fuel: Conventional
  • Sewer: City
  • Water Utilities: City
  • Number Of W D Hookups: 1

Schools

  • School District: Fort Wayne Community
  • Elementary School: Fairfield
  • Middle School: Kekionga
  • High School: Wayne
  • Elementary School: Fairfield

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 50X150
  • Estimated Lot Sq Ft: 7500
  • Estimated Lot Size Acres: 0.172

Multi Family

  • Number Of Dishwashers: 1
  • Number Of Refrigerators: 2
  • Number Of Units: 3
  • Num Of2 Bedrooms: 2
  • Number Of 3 Bedrooms: 1

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2019
Closed on
Jun 26, 2019
Sold by
Stallings Ian A and Diener Abigail A
Bought by
Caldwell Properties Llc
Seller's Agent
Aaron Ruemler
Keller Williams Monticello
Buyer's Agent
Justin Heflin
Mike Thomas Assoc., Inc
List Price
$104,900
Sold Price
$80,000
Premium/Discount to List
-$24,900
-23.74%
Total Days on Market
8
Current Estimated Value
$161,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,000
Avg. Annual Appreciation
18.82%

Purchase Details

Closed on
Oct 1, 2003
Sold by
Washington Mutual Bank Fa
Bought by
Hud

Purchase Details

Closed on
May 20, 2003
Sold by
Carrion Juane J and Carrion Juane
Bought by
Washington Mutual Bank Fa and Washington Mutual Home Loans Inc

Purchase Details

Closed on
Jan 8, 2003
Sold by
Hud
Bought by
Stallings G Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,200
Interest Rate
5.74%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 4, 2001
Sold by
Jones John P
Bought by
Carrion Juane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,750
Interest Rate
6.99%
Mortgage Type
FHA
Source: Public Records

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Range of Values:

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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
Caldwell Properties Llc $80,000 Fidelity National Ttl Co Llc
Hud -- --
Washington Mutual Bank Fa $88,007 --
Stallings G Michael -- Metropolitan Title Of In Llc
Carrion Juane -- --
Jones John P -- --
Jones John P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stallings G Michael $33,200
Previous Owner Carrion Juane $78,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2019 06/28/19 Sold $80,000 -23.7% $19 / Sq Ft
06/05/2019 06/05/19 For Sale $104,900 0.0% $25 / Sq Ft
05/29/2019 05/29/19 Pending -- -- --
05/21/2019 05/21/19 For Sale $104,900 -- $25 / 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 $5,034 $271,600 $23,900 $247,700
2022 $4,403 $195,900 $11,900 $184,000
2021 $3,118 $139,200 $12,300 $126,900
2020 $2,825 $129,100 $1,500 $127,600
2019 $2,071 $95,100 $1,500 $93,600
2018 $2,954 $122,200 $1,500 $120,700
2017 $1,708 $77,200 $1,500 $75,700
2016 $1,321 $60,600 $1,500 $59,100
2014 $796 $38,300 $1,800 $36,500
2013 $417 $20,100 $1,800 $18,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201920213

Indiana Regional MLS

APN: 02-12-11-429-029.000-074