NOT LISTED FOR SALE

Estimated Value: $132,000 - $181,000

9 Beds
2 Baths
3,666 Sq Ft
$41/Sq Ft Est. Value

Last Sold December 20, 2021

Last sale price $106,000 $29 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $1,063/month

211 Days on Market

Highlights

  • Corner Lot
  • Baseboard Heating
  • 3-minute walk to Slam City Skatepark
  • Laundry in Utility Room

About This Home

As of December 2021

This is a 9 room rental property, Rent collected weekly. Vinyl siding, Updated circuit breaker panel, updated Romex wiring, extra insulation blown in walls, Majority of windows are vinyl, hardwood floors, disconnected gas Furnace in basement, electric hot water heater. Tenants share two full bathrooms and a common kitchen. Property has a dry full basement for storage and a built in deposit box. 9 units Gross= $995 Weekly/$3980 per Month, $51,740 Annual income. Most tenants are students and demand is very high for weekly rentals. Range, Refrigerator, Microwave, Washer, Dryer and several mini fridges, and TVs included. Washer and Dryer are coin operated and also contribute to extra income av. $98/mo. This is a great return on investment and a good turn key business opportunity! Rooms are: $120,$115, $115,$115,$110,$110,$110,$110,and $90 weekly, Room Measurements in documents.

Last Agent to Sell the Property

Gary Brigman

Keller Williams Realty Group Listed on: 05/05/2021

Keller Williams Realty Group

Co-Listed By

Jill Brigman

Keller Williams Realty Group

Last Buyer's Agent

David Budd

Tree City Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,686

Year Built

  • Built in 1900

Lot Details

  • 8,150 Sq Ft Lot
  • Lot Dimensions are 50 x 163
  • Corner Lot

Home Design

  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 3-Story Property
  • Basement Fills Entire Space Under The House
  • Laundry in Utility Room

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 2 Full Bathrooms

Parking

  • 9 Parking Spaces
  • Driveway
  • On-Street Parking

Location

  • Suburban Location

Utilities

  • Window Unit Cooling System
  • Baseboard Heating

Listing and Financial Details

  • The owner pays for electric, sewer, tax, water
  • Assessor Parcel Number 02-13-07-103-016.000-074

Community Details

Overview

  • 9 Units

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,686

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Year Built: 1900
  • Age: 121
  • Style: Multi-Story (3+)
  • Architectural Style: Foursquare
  • Bedrooms: 9
  • Number Above Grade Bedrooms: 9
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Lot 23 OL 8 Fletchers Add
  • Parcel Number ID: 02-13-07-103-016.000-074
  • Platted: Yes
  • Amenities: Basement
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Road Access: City
  • Road Surface: Asphalt
  • Sp Lp Percent: 82.17
  • Monthly Gross Income: 3920
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 4966
  • Total Finished Sq Ft: 3666
  • Above Grade Finished Sq Ft: 3666
  • Below Grade Sq Ft: 1300
  • Price Per Sq Ft: 28.91
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Basement Material: Poured Concrete
  • Flooring: Mixed
  • Total Below Grade Sq Ft: 1300
  • Number Of Ranges Ovens: 1

Exterior Features

  • Exterior: Aluminum
  • Roof Material: Asphalt
  • Stories: 3

Garage/Parking

  • Number Of Parking Spaces: 9
  • Parking: Street

Utilities

  • Cooling: Window
  • Heating Fuel: Baseboard
  • Sewer: City
  • Water Utilities: City
  • Number Electric Meters: 1
  • Number Gas Meters: 1
  • Number Of W D Hookups: 1
  • Number Water Meters: 1

Schools

  • School District: Fort Wayne Community
  • Elementary School: Washington
  • Middle School: Portage
  • High School: Wayne

Lot Info

  • Lot Description: Corner
  • Lot Dimensions: 50 x 163
  • Estimated Lot Sq Ft: 8150
  • Estimated Lot Size Acres: 0.1871
  • Lot Number: 23

Rental Info

  • Lease Term: Week to Week
  • Owner Pays: Electric, Sewer, Tax, Water

Multi Family

  • Gross Monthly Rent: 3920
  • Number Of Refrigerators: 1
  • Number Of Units: 9
  • Num Of1 Bedrooms: 9
  • Num Of Units Rented: 9

Tax Info

  • Annual Property Tax: 1686

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2021
Closed on
Dec 20, 2021
Sold by
Hutker Heath
Bought by
Duo Properties Inc
Seller's Agent
Gary Brigman
Keller Williams Realty Group
Buyer's Agent
David Budd
Tree City Realty
List Price
$132,000
Sold Price
$106,000
Premium/Discount to List
-$26,000
-19.7%
Total Days on Market
211
Current Estimated Value
$151,552

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,552
Avg. Annual Appreciation
12.09%

Purchase Details

Listed on
Aug 23, 2017
Closed on
Dec 28, 2017
Sold by
Janson Properties Llc
Bought by
Hutker Haerth
Seller's Agent
David Budd
Tree City Realty
Buyer's Agent
Gary Brigman
Keller Williams Realty Group
List Price
$125,000
Sold Price
$105,000
Premium/Discount to List
-$20,000
-16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.24%
Original Mortgage
$115,000
Interest Rate
3.95%
Mortgage Type
Commercial

Purchase Details

Listed on
May 12, 2011
Closed on
Apr 13, 2012
Sold by
Mcdowell Robert E and Mcdowell Tina L
Bought by
Janson Properties Llc
Seller's Agent
Kurt Ness
Ness Bros. Realtors & Auctioneers
Buyer's Agent
David Budd
Tree City Realty
List Price
$65,000
Sold Price
$51,500
Premium/Discount to List
-$13,500
-20.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.34%

Purchase Details

Closed on
Jan 10, 2008
Sold by
Indiana Chi Rho Alumni Association Of Ph and Knapp Robert
Bought by
Mcdowell Robert E and Mcdowell Tina L
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Duo Properties Inc $106,000 None Available
Hutker Haerth -- None Available
Janson Properties Llc -- None Available
Mcdowell Robert E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hutker Haerth $115,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2021 12/20/21 Sold $106,000 -17.8% $29 / Sq Ft
12/02/2021 12/02/21 Pending -- -- --
12/01/2021 12/01/21 Price Changed $129,000 -2.3% $35 / Sq Ft
11/30/2021 11/30/21 For Sale $132,000 0.0% $36 / Sq Ft
11/29/2021 11/29/21 Pending -- -- --
11/12/2021 11/12/21 Price Changed $132,000 -0.8% $36 / Sq Ft
11/04/2021 11/04/21 Price Changed $133,000 -0.7% $36 / Sq Ft
10/25/2021 10/25/21 For Sale $134,000 0.0% $37 / Sq Ft
10/08/2021 10/08/21 Pending -- -- --
09/30/2021 09/30/21 Price Changed $134,000 -0.7% $37 / Sq Ft
09/29/2021 09/29/21 Price Changed $135,000 -0.7% $37 / Sq Ft
09/24/2021 09/24/21 Price Changed $136,000 -0.4% $37 / Sq Ft
09/21/2021 09/21/21 Price Changed $136,500 -0.4% $37 / Sq Ft
08/25/2021 08/25/21 Price Changed $137,000 -0.7% $37 / Sq Ft
08/10/2021 08/10/21 Price Changed $138,000 -1.4% $38 / Sq Ft
07/27/2021 07/27/21 Price Changed $140,000 -3.4% $38 / Sq Ft
07/24/2021 07/24/21 Price Changed $145,000 -3.3% $40 / Sq Ft
07/16/2021 07/16/21 Price Changed $150,000 -3.2% $41 / Sq Ft
06/26/2021 06/26/21 For Sale $155,000 0.0% $42 / Sq Ft
06/04/2021 06/04/21 Pending -- -- --
05/25/2021 05/25/21 Price Changed $155,000 -3.1% $42 / Sq Ft
05/05/2021 05/05/21 For Sale $160,000 +52.4% $44 / Sq Ft
12/20/2017 12/20/17 Sold $105,000 -16.0% $29 / Sq Ft
11/20/2017 11/20/17 Pending -- -- --
08/23/2017 08/23/17 For Sale $125,000 +142.7% $34 / Sq Ft
04/13/2012 04/13/12 Sold $51,500 -20.8% $22 / Sq Ft
03/15/2012 03/15/12 Pending -- -- --
05/12/2011 05/12/11 For Sale $65,000 -- $28 / 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 $2,549 $137,300 $19,500 $117,800
2022 $1,933 $86,000 $10,500 $75,500
2021 $1,404 $63,000 $2,200 $60,800
2020 $1,686 $77,300 $2,200 $75,100
2019 $1,070 $49,400 $1,900 $47,500
2018 $1,303 $59,700 $1,900 $57,800
2017 $269 $44,600 $1,900 $42,700
2016 $713 $32,700 $1,900 $30,800
2014 $515 $24,800 $2,100 $22,700
2013 $468 $22,500 $2,100 $20,400
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 202115768

Indiana Regional MLS

APN: 02-13-07-103-016.000-074