NOT LISTED FOR SALE

1304 Marion St Fort Wayne, IN 46808

Bloomingdale Neighborhood

Estimated Value: $185,000 - $199,000

4 Beds
4 Baths
3,096 Sq Ft
$62/Sq Ft Est. Value

Last Sold March 12, 2018

Last sale price $72,000 $23 Per Sq Ft

Est. 167% increase in value since last sale

Current estimated payment $1,315/month

About This Home

As of March 2018

Investment opportunity. Fully rented.

Last Agent to Sell the Property

Kevin Gerbers

CENTURY 21 Bradley Realty, Inc Listed on: 03/06/2018

CENTURY 21 Bradley Realty, Inc

Last Buyer's Agent

Kevin Gerbers

CENTURY 21 Bradley Realty, Inc Listed on: 03/06/2018

CENTURY 21 Bradley Realty, Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $968

Year Built

  • Built in 1920

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 48x137
  • Corner Lot
  • Level Lot

Home Design

  • Quadruplex
  • Poured Concrete
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Schools

  • Bloomingdale Elementary School
  • Lakeside Middle School
  • North Side High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for cable
  • The owner pays for building insurance, fuel, lawn maintenance, sewer, tax, trash collection
  • Assessor Parcel Number 02-12-02-130-005.000-074

Community Details

Overview

  • 4 Units

Building Details

  • Electric Expense $2,200
  • Fuel Expense $2,000
  • Insurance Expense $800
  • Maintenance Expense $2,500
  • Water Sewer Expense $2,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$968

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Fourplex
  • Year Built: 1920
  • Age: 98
  • Style: Two Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: Lot 16 Bowersville Add |
  • Parcel Number ID: 02-12-02-130-005.000-074
  • Platted: Yes
  • Sp Lp Percent: 100
  • Monthly Gross Income: 2000
  • Year Taxes Payable: 2017
  • Special Features: None

Interior Features

  • Total Sq Ft: 3096
  • Total Finished Sq Ft: 3096
  • Above Grade Finished Sq Ft: 2400
  • Below Grade Finished Sq Ft: 696
  • Price Per Sq Ft: 30
  • Basement: Yes
  • Basement Foundation: Partial Basement, Unfinished
  • Basement Material: Poured Concrete
  • Flooring: Mixed
  • Total Below Grade Sq Ft: 696
  • Number Of Ranges Ovens: 4

Exterior Features

  • Exterior: Vinyl
  • Stories: 2

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Electric: 2200
  • Annual Fuel Expense: 2000
  • Annual Insurance Expense: 800
  • Annual Maintenance Expense: 2500
  • Annual Water Sewer Expense: 2100

Schools

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

Lot Info

  • Lot Description: Corner, Level
  • Lot Dimensions: 48x137
  • Estimated Lot Sq Ft: 6534
  • Estimated Lot Size Acres: 0.15

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Building Insurance, Fuel, Lawn Maintenance, Sewer, Tax, Trash Collection
  • Tenant Pays: Cable

Multi Family

  • Gross Monthly Rent: 2000
  • Number Of Refrigerators: 4
  • Number Of Units: 4
  • Num Of1 Bedrooms: 4
  • Num Of Units Rented: 4

Tax Info

  • Annual Property Tax: 967.52

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 16, 2021
Sold by
Bmbc Properties Llc
Bought by
Phir Llc
Current Estimated Value
$192,011

Purchase Details

Listed on
Mar 6, 2018
Closed on
Mar 27, 2018
Sold by
Enterline Brabndon
Bought by
Bmbc Properties Llc
Seller's Agent
Kevin Gerbers
CENTURY 21 Bradley Realty, Inc
Buyer's Agent
Kevin Gerbers
CENTURY 21 Bradley Realty, Inc
List Price
$72,000
Sold Price
$72,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.41%
Original Mortgage
$50,400
Interest Rate
4.38%
Mortgage Type
Commercial

Purchase Details

Listed on
Mar 6, 2018
Closed on
Mar 13, 2018
Sold by
Kirbside Container Llc
Bought by
Enterline Brandon
Seller's Agent
Kevin Gerbers
CENTURY 21 Bradley Realty, Inc
Buyer's Agent
Kevin Gerbers
CENTURY 21 Bradley Realty, Inc
List Price
$72,000
Sold Price
$72,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,400
Interest Rate
4.38%
Mortgage Type
Commercial

Purchase Details

Listed on
Mar 6, 2018
Closed on
Jan 31, 2018
Sold by
Liechty Trust
Bought by
Kirbside Container Llc
Seller's Agent
Kevin Gerbers
CENTURY 21 Bradley Realty, Inc
Buyer's Agent
Kevin Gerbers
CENTURY 21 Bradley Realty, Inc
List Price
$72,000
Sold Price
$72,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,400
Interest Rate
4.38%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 27, 2001
Sold by
Prather Earl S and Prather Meta Y
Bought by
Liechty Richard P and 1995 Revocable Trust Of Richard P Liecht
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
Phir Llc $115,000 None Available
Bmbc Properties Llc -- None Available
Enterline Brandon -- Metropolitan Title
Kirbside Container Llc $33,000 --
Kirbside Container Llc $32,960 Metropolitan Title Of In
Liechty Richard P $32,960 Metropolitan Title Of In
Liechty Richard P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ophir Llc $92,250
Previous Owner Bmbc Properties Llc $50,400
Previous Owner Enterline Brandon $50,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2018 03/12/18 Sold $72,000 0.0% $23 / Sq Ft
03/06/2018 03/06/18 Pending -- -- --
03/06/2018 03/06/18 For Sale $72,000 -- $23 / 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 $3,507 $152,500 $16,000 $136,500
2023 $3,443 $150,600 $15,900 $134,700
2022 $2,567 $114,200 $13,600 $100,600
2021 $3,301 $147,400 $8,400 $139,000
2020 $1,254 $57,300 $8,400 $48,900
2019 $1,237 $56,800 $8,400 $48,400
2018 $1,876 $85,600 $8,400 $77,200
2017 $1,104 $49,900 $8,400 $41,500
2016 $968 $44,400 $8,400 $36,000
2014 $900 $43,300 $9,800 $33,500
2013 $907 $43,700 $9,800 $33,900
Source: Public Records

Agents Affiliated with this Home

  • Kevin Gerbers

    Seller's Agent in 2018

    Kevin Gerbers

    CENTURY 21 Bradley Realty, Inc

    (260) 426-0633

    1 in this area

    143 Total Sales

    Kevin Gerbers
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Map

Source: Indiana Regional MLS

MLS Number: 201808190

Indiana Regional MLS

APN: 02-12-02-130-005.000-074

Indiana Allen County Fort Wayne 46808 Bloomingdale

1304 Marion St, Fort Wayne, IN

This home is located at 1304 Marion St, Fort Wayne, IN 46808 since 06 March 2018 and is currently estimated at $192,011, approximately $62 per square foot. This property was built in 1920. 1304 Marion St is a home located in Allen County with nearby schools including Bloomingdale Elementary School, Lakeside Middle School, and North Side 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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