NOT LISTED FOR SALE

Estimated Value: $68,000 - $163,000

4 Beds
1 Bath
1,840 Sq Ft
$68/Sq Ft Est. Value

Last Sold January 11, 2013

Last sale price $24,000 $13 Per Sq Ft

Est. 420% increase in value since last sale

Current estimated payment $832/month

436 Days on Market

Highlights

  • Corner Lot
  • Enclosed patio or porch
  • Ceiling Fan
  • 1 Car Detached Garage
  • Forced Air Heating System
  • 3-minute walk to Slam City Skatepark

About This Home

As of January 2013

This big house is an investment property that is currently leased. Updates include new furnace 2009,remodeled kitchen 2009 and reconditioned floors 2011.Big enclosed front porch can be used spring thru the fall. The rent is guaranteed by government. High rent. Positive cash flow and professionally managed for you. This is one of 3 properties for sale by a retiring landlord who is looking to sell to another landlord.

Last Agent to Sell the Property

John Mattingly

Perfect Location Realty Listed on: 09/17/2011

Last Buyer's Agent

Tami Dennon

DBD Homes Management and Real Estate

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1920

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 40 x 145
  • Corner Lot
  • Level Lot

Parking

  • 1 Car Detached Garage
  • Off-Street Parking

Home Design

  • Wood Siding
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Basement Fills Entire Space Under The House
  • Gas Oven or Range
  • Gas Dryer Hookup

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Schools

  • Northcrest Elementary School
  • Northwood Middle School
  • North Side High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Additional Features

  • Enclosed patio or porch
  • Suburban Location

Community Details

  • Saunders Subdivision

Listing and Financial Details

  • Assessor Parcel Number 021212234013000074

Home Details

Home Type

Single Family

Year Built

Built in 1920

Lot Details

0

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1920
  • Age: 92
  • Style: Two Story
  • Total Number of Rooms: 7
  • Bedrooms: 4
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: LOT 8 SAUNDERS SUB. ADD. L17 |
  • Parcel Number ID: 021212234013000074
  • Amenities: Ceiling Fan(s), Dryer Hook Up Gas, Near Walking Trail, Porch Enclosed, Range/Oven Hook Up Gas
  • Location: City/Town/Suburb
  • Section Number: L
  • Sp Lp Percent: 85.71
  • State Id: 02-12-12-234-013.000-074
  • Year Taxes Payable: 2011
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 2672
  • Total Finished Sq Ft: 1840
  • Above Grade Finished Sq Ft: 1840
  • Below Grade Sq Ft: 832
  • Price Per Sq Ft: 13.04
  • Basement Foundation: Full Basement
  • Living Great Room: Dimensions: 22x12, On Level: Main
  • Kitchen: Dimensions: 11x13, On Level: Main
  • Breakfast Room: Dimensions: 6x7, On Level: Main
  • Dining Room: Dimensions: 14x12, On Level: Main
  • Family Room: On Level: N/A
  • Den: On Level: N/A
  • Recreation Room: On Level: N/A
  • Extra Room: Y, On Level: N/A
  • Bedroom 1: Dimensions: 13x11, On Level: Upper
  • Bedroom 2: On Level: Upper
  • Bedroom 3: Dimensions: 11x11, On Level: Upper
  • Bedroom 4: Dimensions: 10x8, On Level: Upper
  • Bedroom 5: On Level: N/A
  • Loft: On Level: N/A
  • Total Below Grade Sq Ft: 832

Exterior Features

  • Exterior: Vinyl, Wood
  • Outbuilding1: None

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 1
  • Garage Size: Dimensions: 12x20
  • Garage Sq Ft: 240
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Laundry: On Level: 6

Schools

  • School District: Fort Wayne Community
  • Elementary School: Northcrest
  • Middle School: Northwood
  • High School: North Side
  • Elementary School: Northcrest

Lot Info

  • Lot Description: Corner, Level
  • Lot Dimensions: 40 X 145
  • Estimated Lot Sq Ft: 10890
  • Estimated Lot Size Acres: 0.25
  • Lot Number: 8

Tax Info

  • Annual Taxes: 706

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2011
Closed on
Jan 10, 2013
Sold by
Johnson Jason T
Bought by
Turner Joseph
Seller's Agent
John Mattingly
Perfect Location Realty
Buyer's Agent
Tami Dennon
DBD Homes Management and Real Estate
List Price
$33,000
Sold Price
$24,000
Premium/Discount to List
-$9,000
-27.27%
Total Days on Market
436
Current Estimated Value
$124,885

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,885
Avg. Annual Appreciation
12.69%

Purchase Details

Closed on
Jul 31, 2007
Sold by
Stapp Jerry L
Bought by
Johnson Jason T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,600
Interest Rate
6.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 14, 2007
Sold by
Deutsche Bank National Trust Co
Bought by
Stapp Jerry L

Purchase Details

Closed on
Sep 19, 2006
Sold by
Graves Joann
Bought by
Deutsche Bank National Trust Co and New Century Home Equity Loan Trust 2005-

Purchase Details

Closed on
Jan 24, 2005
Sold by
Mulholland John W and Quintero Daniel J
Bought by
Graves Joann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,000
Interest Rate
7.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 1, 2004
Sold by
Wachovia Bank Na
Bought by
Mulholland John W and Mulholland John W

Purchase Details

Closed on
Nov 14, 2003
Sold by
Turner David S
Bought by
Wachovia Bank Na and Amortizing Residential Collateral Trust
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
Turner Joseph -- Trademark Title
Johnson Jason T -- Commonwealth-Dreibelbiss Tit
Stapp Jerry L -- Investors Titlecorp
Deutsche Bank National Trust Co $40,000 None Available
Graves Joann -- Metropolitan Title Of In
Mulholland John W -- Ace Title Box
Wachovia Bank Na $30,225 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Johnson Jason T $26,600
Previous Owner Graves Joann $54,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/11/2013 01/11/13 Sold $24,000 -27.3% $13 / Sq Ft
11/26/2012 11/26/12 Pending -- -- --
09/17/2011 09/17/11 For Sale $33,000 -- $18 / 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 $1,570 $62,600 $8,500 $54,100
2023 $1,095 $47,900 $3,500 $44,400
2022 $863 $38,400 $3,600 $34,800
2021 $974 $43,500 $1,400 $42,100
2020 $856 $39,100 $1,000 $38,100
2019 $730 $33,500 $1,000 $32,500
2018 $623 $28,400 $700 $27,700
2017 $849 $38,400 $1,300 $37,100
2016 $638 $29,300 $1,300 $28,000
2014 $453 $21,800 $1,300 $20,500
2013 $405 $19,500 $1,300 $18,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201110011

Indiana Regional MLS

APN: 02-12-12-234-013.000-074