NOT LISTED FOR SALE

1328 Sinclair St Fort Wayne, IN 46808

Hamilton Neighborhood

Estimated Value: $164,000 - $181,000

4 Beds
4 Baths
2,464 Sq Ft
$70/Sq Ft Est. Value

Last Sold December 31, 2018

Last sale price $53,300 $22 Per Sq Ft

Est. 221% increase in value since last sale

Current estimated payment $1,180/month

17 Days on Market

Highlights

  • Covered patio or porch
  • Central Air
  • Carpet
  • Landscaped
  • Level Lot

About This Home

As of December 2018

The price stated on this property is the assessed tax value (as a guideline). This property is being sold at public auction on Wednesday, December 12, 2018. Auction begins at 5:00 p.m. This property may sell for more or less than the assessed value, depending on the outcome of the auction bidding. Multi-unit rental property in Fort Wayne. Don't miss this opportunity of a lifetime. 2 spectacular rental units available for auction. These rental units generate great cash flow with little effort. Join us auction day for your chance at owning one of these beautiful properties. Visit our website to see the other available property. INVESTMENT OPPORTUNITY | $1,185+ PER MONTH INCOME | SEPARATE ELECTRICAL UTILITIES

Last Agent to Sell the Property

Tim McCulloch

Scheerer McCulloch Real Estate Listed on: 11/25/2018

Last Buyer's Agent

Tim McCulloch

Scheerer McCulloch Real Estate Listed on: 11/25/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,130

Year Built

  • Built in 1930

Lot Details

  • 5,998 Sq Ft Lot
  • Lot Dimensions are 40 x 150
  • Landscaped
  • Level Lot

Home Design

  • Quadruplex
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Carpet
  • Unfinished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Parking

  • 2 Parking Spaces
  • On-Street Parking

Utilities

  • Central Air
  • Heating System Uses Gas

Additional Features

  • Covered patio or porch
  • Suburban Location

Listing and Financial Details

  • Tenant pays for cable, cooling, electric
  • The owner pays for fuel, lawn maintenance, maintenance, sewer, snow removal, tax, trash collection, water
  • Assessor Parcel Number 02-12-03-206-046.000-074

Community Details

Overview

  • 4 Units

Building Details

  • Electric Expense $429
  • Fuel Expense $1,611
  • Insurance Expense $262
  • Water Sewer Expense $1,893

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,130

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Fourplex
  • Year Built: 1930
  • Age: 88
  • Style: Two Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: LOT 84 BASHS ADD |
  • Parcel Number ID: 02-12-03-206-046.000-074
  • Platted: Yes
  • Amenities: Landscaped, Porch Covered
  • Location: City/Town/Suburb
  • Sp Lp Percent: 100
  • Monthly Gross Income: 1185
  • Special Features: None

Interior Features

  • Total Sq Ft: 3696
  • Total Finished Sq Ft: 2464
  • Above Grade Finished Sq Ft: 2464
  • Below Grade Sq Ft: 1232
  • Price Per Sq Ft: 21.63
  • Basement: Yes
  • Basement Foundation: Unfinished
  • Flooring: Carpet
  • Total Below Grade Sq Ft: 1232
  • Number Of Ranges Ovens: 4

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt, Shingle
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 2
  • Parking: Street

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas
  • Sewer: City
  • Water Utilities: City
  • Annual Electric: 429.14
  • Annual Fuel Expense: 1611.08
  • Annual Insurance Expense: 262
  • Annual Water Sewer Expense: 1893.33
  • Number Of W D Hookups: 1

Condo/Co-op/Association

  • Common Amenities: Sidewalks

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 40 x 150
  • Estimated Lot Sq Ft: 5998
  • Estimated Lot Size Acres: 0.1377

Rental Info

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

Multi Family

  • Gross Monthly Rent: 1185
  • Number Of Dryers: 1
  • Number Of Refrigerators: 4
  • Number Of Units: 4
  • Number Of Washers: 1
  • Num Of1 Bedrooms: 4
  • Num Of Units Rented: 4

Tax Info

  • Annual Property Tax: 1130

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 25, 2018
Closed on
Dec 31, 2018
Sold by
Star Financial Bank
Bought by
Common Frog Properties Llc
Seller's Agent
Tim McCulloch
Scheerer McCulloch Real Estate
Buyer's Agent
Tim McCulloch
Scheerer McCulloch Real Estate
List Price
$51,100
Sold Price
$53,300
Premium/Discount to List
$2,200
4.31%
Current Estimated Value
$171,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,700
Avg. Annual Appreciation
13.28%
Original Mortgage
$41,600
Outstanding Balance
$36,537
Interest Rate
6.25%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$84,982
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
Common Frog Properties Llc -- Metropolitan Title Of In
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Common Frog Properties Llc $41,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2018 12/31/18 Sold $53,300 +4.3% $22 / Sq Ft
12/12/2018 12/12/18 Pending -- -- --
11/25/2018 11/25/18 For Sale $51,100 -- $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 $2,817 $155,900 $13,300 $142,600
2022 $1,897 $84,400 $8,000 $76,400
2021 $1,928 $86,100 $5,600 $80,500
2020 $1,543 $70,500 $4,700 $65,800
2019 $1,581 $72,600 $8,500 $64,100
2018 $1,120 $51,100 $8,500 $42,600
2017 $1,130 $51,100 $8,500 $42,600
2016 $1,377 $63,200 $8,500 $54,700
2014 $671 $32,300 $4,400 $27,900
2013 $610 $29,400 $8,500 $20,900
Source: Public Records

Agents Affiliated with this Home

  • Tim McCulloch

    Seller's Agent in 2018

    Tim McCulloch

    Scheerer McCulloch Real Estate

    (260) 740-6429

    1 in this area

    351 Total Sales

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Map

Source: Indiana Regional MLS

MLS Number: 201851639

Indiana Regional MLS

APN: 02-12-03-206-046.000-074

Indiana Allen County Fort Wayne 46808 Hamilton

1328 Sinclair St, Fort Wayne, IN

This home is located at 1328 Sinclair St, Fort Wayne, IN 46808 since 25 November 2018 and is currently estimated at $172,500, approximately $70 per square foot. This property was built in 1930. 1328 Sinclair 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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