NOT LISTED FOR SALE

1305 Zollars Ave Fort Wayne, IN 46802

Michigan Avenue Neighborhood

Estimated Value: $129,035 - $160,000

4 Beds
2 Baths
1,680 Sq Ft
$87/Sq Ft Est. Value

Last Sold August 15, 2019

Last sale price $16,000 $10 Per Sq Ft

Est. 813% increase in value since last sale

Current estimated payment $987/month

287 Days on Market

Highlights

  • Corner Lot
  • Picket Fence
  • Wood Siding
  • Covered Patio or Porch
  • Luxury Vinyl Tile Flooring

About This Home

As of August 2019

Unit 1 is rented for $450/month with tenant paying electric and Unit 2 is a 3/1 with gas heat and can rent for +$575/month. That is over $1,025/month in rental income.Put your skills to work and have a good income producing property...... Unit 2 will need to be rent/live ready but small price to pay to live in a nice unit or have a property that will pay you money. This has been a good rental property for the Owner but due to various reasons, is having to sell. Come look today before it is gone!

Last Agent to Sell the Property

Mark Noneman

Noneman Realty Listed on: 10/31/2018

Last Buyer's Agent

Mark Noneman

Noneman Realty Listed on: 10/31/2018

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 6,403 Sq Ft Lot
  • Lot Dimensions are 66 x 97
  • Picket Fence
  • Wood Fence
  • Corner Lot

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Shingle Roof
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Carpet
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Covered Patio or Porch
  • Suburban Location
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electric
  • The owner pays for building insurance
  • Assessor Parcel Number 02-12-10-431-023.000-074

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $1,000
  • Maintenance Expense $1,000
  • Water Sewer Expense $600

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1900
  • Age: 119
  • Style: Two Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: LOT 13 E 6FT LOT 14 ELECTRIC LIGHT ADD |
  • Parcel Number ID: 02-12-10-431-023.000-074
  • Platted: Yes
  • Amenities: Porch Covered
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Sp Lp Percent: 69.87
  • Annual Miscellaneous: 1000
  • Monthly Gross Income: 425
  • Special Features: None

Interior Features

  • Total Sq Ft: 2226
  • Total Finished Sq Ft: 1680
  • Above Grade Finished Sq Ft: 1680
  • Below Grade Sq Ft: 546
  • Price Per Sq Ft: 9.52
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Flooring: Carpet, Vinyl Tile
  • Total Below Grade Sq Ft: 546
  • Number Of Ranges Ovens: 1
  • Number Ttl Rooms Below Grade: 1

Exterior Features

  • Exterior: Wood
  • Roof Material: Asphalt, Shingle
  • Fence: Picket, Wood
  • Stories: 2

Garage/Parking

  • Parking: Street

Utilities

  • Heating Fuel: Gas
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 1000
  • Annual Maintenance Expense: 1000
  • Annual Water Sewer Expense: 600

Schools

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

Lot Info

  • Lot Description: Corner
  • Lot Dimensions: 66 X 97
  • Estimated Lot Sq Ft: 6403
  • Estimated Lot Size Acres: 0.147
  • Lot Number: 13

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Building Insurance
  • Tenant Pays: Electric

Tax Info

  • Total Assessed Value: 37900
  • Annual Property Tax: 838

Multi Family

  • Gross Monthly Rent: 425
  • Number Of Refrigerators: 1
  • Number Of Units: 2
  • Num Of1 Bedrooms: 1
  • Number Of 3 Bedrooms: 1
  • Num Of Units Rented: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 27, 2024
Sold by
Larin Ana Maria
Bought by
Mejia Blanca L
Current Estimated Value
$146,009

Purchase Details

Listed on
Oct 31, 2018
Closed on
Aug 14, 2019
Sold by
Property Redeemers Llc
Bought by
Larin Ana Maria
Seller's Agent
Mark Noneman
Noneman Realty
Buyer's Agent
Mark Noneman
Noneman Realty
List Price
$22,900
Sold Price
$16,000
Premium/Discount to List
-$6,900
-30.13%

Purchase Details

Closed on
Feb 1, 2008
Sold by
Marino Emmanuel A
Bought by
Property Redeemers Llc

Purchase Details

Closed on
Jan 10, 2008
Sold by
Deutsche Bank National Trust Co
Bought by
Marino Emmanuel A

Purchase Details

Closed on
Nov 9, 2007
Sold by
Kline James
Bought by
Deutsche Bank National Trust Co and Long Beach Mortgage Loan Trust 2005-Wl2

Purchase Details

Closed on
May 23, 2005
Sold by
Tom Miller Properties Llc
Bought by
Kline James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,500
Interest Rate
6.07%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 27, 2004
Sold by
Us Bank Na
Bought by
Tom Miller Properties Llc

Purchase Details

Closed on
Mar 9, 2004
Sold by
Dunell Lisa W
Bought by
Us Bank National Assn and Csfb Abs Trust Series 2001-He4

Purchase Details

Closed on
Sep 6, 2001
Sold by
Durnell Larry W
Bought by
Durnell Lisa W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,600
Interest Rate
7.06%
Source: Public Records

Range of Values:

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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
Mejia Blanca L -- None Listed On Document
Larin Ana Maria $16,000 Metropolitan Title Of In
Property Redeemers Llc -- Moore Title & Escrow
Marino Emmanuel A -- Moore Title & Escrow
Kline James -- Century Title Services
Tom Miller Properties Llc -- Security Title Services Llc
Us Bank National Assn $18,608 --
Durnell Lisa W -- Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Property Redeemers Llc $15,000
Previous Owner Kline James $49,500
Previous Owner Durnell Lisa W $45,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2019 08/15/19 Sold $16,000 -30.1% $10 / Sq Ft
08/14/2019 08/14/19 Pending -- -- --
08/02/2019 08/02/19 For Sale $22,900 0.0% $14 / Sq Ft
08/02/2019 08/02/19 Price Changed $22,900 -4.2% $14 / Sq Ft
07/13/2019 07/13/19 Pending -- -- --
06/14/2019 06/14/19 Price Changed $23,900 -20.1% $14 / Sq Ft
04/25/2019 04/25/19 Price Changed $29,900 -14.3% $18 / Sq Ft
10/31/2018 10/31/18 For Sale $34,900 -- $21 / 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 $2,300 $137,800 $15,900 $121,900
2022 $1,670 $74,300 $9,000 $65,300
2021 $1,442 $64,400 $6,700 $57,700
2020 $1,435 $65,600 $6,700 $58,900
2019 $986 $45,300 $6,700 $38,600
2018 $958 $43,700 $6,700 $37,000
2017 $838 $37,900 $6,700 $31,200
2016 $817 $37,500 $6,700 $30,800
2014 $559 $26,900 $7,800 $19,100
2013 $563 $27,100 $7,800 $19,300
Source: Public Records

Agents Affiliated with this Home

  • Mark Noneman

    Seller's Agent in 2019

    Mark Noneman

    Noneman Realty

    (260) 452-8778

    39 Total Sales

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Map

Source: Indiana Regional MLS

MLS Number: 201848853

Indiana Regional MLS

APN: 02-12-10-431-023.000-074

Indiana Allen County Fort Wayne 46802 Michigan Avenue

1305 Zollars Ave, Fort Wayne, IN

This home is located at 1305 Zollars Ave, Fort Wayne, IN 46802 since 31 October 2018 and is currently estimated at $146,009, approximately $86 per square foot. This property was built in 1900. 1305 Zollars Ave is a home located in Allen County with nearby schools including Study Elementary School, Kekionga Middle School, and South 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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