1426 High St Fort Wayne, IN 46808
Nebraska NeighborhoodEstimated payment $1,756/month
Highlights
- Porch
- Forced Air Heating System
- Carpet
- Eat-In Kitchen
- Level Lot
About This Home
This well-maintained 5-plex in Fort Wayne offers a compelling opportunity for investors seeking consistent income and long-term value. Featuring five one-bedroom, one-bathroom units, this property offers a well-balanced layout for strong rental demand. 4 UNITS ARE CURRENTLY RENTED with additional income through RUBS for all utilities. This prime location caters to a variety of tenant preferences, reflected in the property's historical gross rent of $3,090 per month. The property boasts a coveted location close to the downtown core, ensuring convenient access to amenities, while also being just minutes from Promenade Park and the beautiful Lindenwood Nature Preserve. With its strong rental demand, potential for appreciation, and access to both urban excitement and natural beauty, this 5-plex positions you for success in a growing market.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,456
Year Built
- Built in 1900
Lot Details
- 0.27 Acre Lot
- Lot Dimensions are 86x139
- Level Lot
Parking
- 2 Parking Spaces
Home Design
- Asphalt Roof
- Vinyl Construction Material
Interior Spaces
- 3,034 Sq Ft Home
- 2-Story Property
- Partially Finished Basement
Kitchen
- Eat-In Kitchen
- Laminate Countertops
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Full Bathrooms
Outdoor Features
- Porch
Schools
- Washington Elementary School
- Portage Middle School
- Wayne High School
Utilities
- Forced Air Heating System
- Heating System Uses Gas
Listing and Financial Details
- The owner pays for building insurance, lawn maintenance, maintenance, snow removal, tax, trash collection
- Assessor Parcel Number 02-12-03-252-022.000-074
Community Details
Overview
- 5 Units
- Wayne Heights Subdivision
Building Details
- 1 Separate Electric Meter
- 1 Separate Gas Meter
- 1 Separate Water Meter
- Insurance Expense $2,300
- Maintenance Expense $2,000
Map
Home Values in the Area
Average Home Value in this Area
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 | $3,912 | $194,900 | $19,600 | $175,300 |
| 2023 | $3,912 | $171,100 | $17,000 | $154,100 |
| 2022 | $2,791 | $124,200 | $13,900 | $110,300 |
| 2021 | $2,730 | $121,900 | $9,300 | $112,600 |
| 2020 | $3,419 | $156,500 | $12,900 | $143,600 |
| 2019 | $2,627 | $120,900 | $12,900 | $108,000 |
| 2018 | $1,448 | $66,200 | $7,600 | $58,600 |
| 2017 | $1,176 | $53,300 | $6,900 | $46,400 |
| 2016 | $1,150 | $52,900 | $7,100 | $45,800 |
| 2014 | $1,240 | $59,700 | $10,500 | $49,200 |
| 2013 | $867 | $41,800 | $12,500 | $29,300 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/04/2025 08/04/25 | Price Changed | $259,900 | -0.8% | $86 / Sq Ft |
| 07/09/2025 07/09/25 | Price Changed | $262,000 | -1.1% | $86 / Sq Ft |
| 06/03/2025 06/03/25 | Price Changed | $265,000 | -1.8% | $87 / Sq Ft |
| 04/28/2025 04/28/25 | Price Changed | $269,900 | -3.6% | $89 / Sq Ft |
| 03/17/2025 03/17/25 | Price Changed | $279,900 | -1.8% | $92 / Sq Ft |
| 02/07/2025 02/07/25 | For Sale | $284,900 | +171.3% | $94 / Sq Ft |
| 01/12/2021 01/12/21 | Sold | $105,000 | -4.5% | $35 / Sq Ft |
| 11/06/2020 11/06/20 | Pending | -- | -- | -- |
| 10/28/2020 10/28/20 | For Sale | $110,000 | 0.0% | $36 / Sq Ft |
| 10/28/2020 10/28/20 | Rented | $595 | 0.0% | -- |
| 10/27/2020 10/27/20 | Pending | -- | -- | -- |
| 10/27/2020 10/27/20 | Under Contract | -- | -- | -- |
| 10/22/2020 10/22/20 | For Sale | $110,000 | 0.0% | $36 / Sq Ft |
| 10/08/2020 10/08/20 | For Rent | $595 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Listed On Document | |
| Warranty Deed | -- | Centurion Land Title | |
| Warranty Deed | -- | Metropolitan Title | |
| Warranty Deed | $65,000 | Pioneer Title Co Of Ada Cnty | |
| Warranty Deed | -- | Centurion Land Title Inc |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $126,000 | New Conventional |
Source: Indiana Regional MLS
MLS Number: 202504025
APN: 02-12-03-252-022.000-074
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