Seller's Agent in 2021
Gary Brigman
Keller Williams Realty Group
(260) 410-0064
2 in this area
121 Total Sales
1404 Fletcher Ave Fort Wayne, IN 46803
Memorial Park Neighborhood
2
Beds
2
Baths
2,340
Sq Ft
8,276
Sq Ft Lot
Highlights
- Fenced Yard
- Patio
- Ceiling Fan
- Porch
- Shed
- 3-minute walk to Slam City Skatepark
About This Home
As of December 2021City/County Approved ROOMING HOUSE - Completely remodeled and converted into sleeping rooms for the public. This property was the Indiana Tech PHI KAPPA Theta FRAT House for 45 years. It is one of the best investments you'll find on the market today. The annual gross and net income is so far above the competing listings, it's truly worth looking into. Renters love living in a dorm style frat house cheaply. Some of them actually pitch in and make dinner together. The rooms are big, and the house is quiet. Some rooms have a second room attached for the same price, and others have a loft for a second bed. Some renters have stayed 3 yrs, 2 yrs, 1 yr, and one month. This property has been inspected twice by the neighborhood code enforcement dept. and passed both times. The last inspection was 11/16/2011. If you are looking for a yearly income with very little work, you have just found it! There is so much more info about this property available. Check it out!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $386
Year Built
- Built in 1900
Lot Details
- 8,276 Sq Ft Lot
- Lot Dimensions are 50x163
- Fenced Yard
- Level Lot
Interior Spaces
- 3-Story Property
- Ceiling Fan
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Outdoor Features
- Patio
- Shed
- Porch
Location
- Suburban Location
Schools
- Washington Elementary School
- Kekionga Middle School
- Snider High School
Utilities
- Window Unit Cooling System
- Baseboard Heating
- Electric Water Heater
Listing and Financial Details
- Tenant pays for heating
- The owner pays for building insurance, cable, electric, fuel, heating, lawn maintenance, maintenance, snow removal, sewer, tax, trash collection, water
- Assessor Parcel Number 021307103016000074
Community Details
Building Details
- Electric Expense $4,200
- Insurance Expense $900
- Maintenance Expense $4,322
- Water Sewer Expense $1,020
Additional Features
- 9 Units
- Community Storage Space
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%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,914
Avg. Annual Appreciation
10.12%
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
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $106,000 | None Available | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $115,000 | Commercial |
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
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
-
Gary Brigman
-
Jill Brigman
J
Seller Co-Listing Agent in 2021
Jill Brigman
Keller Williams Realty Group
(260) 410-0174
2 in this area
162 Total Sales
-
David Budd
Buyer's Agent in 2021
David Budd
Tree City Realty
(260) 479-7017
2 in this area
57 Total Sales
-
Kurt Ness
Seller's Agent in 2012
Kurt Ness
Ness Bros. Realtors & Auctioneers
(260) 417-1545
1 in this area
136 Total Sales
Map
Source: Indiana Regional MLS
MLS Number: 201105431
APN: 02-13-07-103-016.000-074
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