NOT LISTED FOR SALE

1437 & 1437 1/2 Oakland St Fort Wayne, IN 46808

Hamilton Neighborhood

Estimated Value: $182,000 - $187,000

3 Beds
2 Baths
1,968 Sq Ft
$94/Sq Ft Est. Value

Last Sold December 15, 2021

Last sale price $126,837 $64 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $1,276/month

5 Days on Market

Highlights

  • Wood Flooring
  • Covered Patio or Porch
  • Forced Air Heating and Cooling System
  • Corner Lot
  • 2 Car Detached Garage
  • Ceiling Fan

About This Home

As of December 2021

This is an investment property with 2 units on a corner lot with a fenced in yard. Both units come with a new water heater in 2021. One unit is on the main level and the second unit is on the upper level. The first unit features 3 bedrooms, 2 baths, a kitchen new central air conditioning, washer/dryer hookup In the basement, storage area and a covered porch. The second unit has an airy tree house feel and features 2 bedrooms, a huge kitchen with black and white flooring and separate living area.

Last Agent to Sell the Property

Nancey Weaver

Agency & Co. Real Estate Brokerage Email: n.weaver@kw.com Listed on: 08/19/2021

Last Buyer's Agent

Emmanuel Romero

Keller Williams Realty Group

Keller Williams Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,510

Year Built

  • Built in 1900

Lot Details

  • 5,472 Sq Ft Lot
  • Lot Dimensions are 41 x 144
  • Chain Link Fence
  • Corner Lot

Home Design

  • Duplex

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Unfinished Basement

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Detached Garage
  • Off-Street Parking

Outdoor Features

  • Covered Patio or Porch

Schools

  • Bloomingdale Elementary School
  • Lakeside Middle School
  • North Side High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electric, lawn maintenance, snow removal, trash collection
  • The owner pays for building insurance, water
  • Assessor Parcel Number 02-12-03-233-010.000-074

Community Details

Overview

  • 2 Units
  • L F Curdes Subdivision

Amenities

  • Community Storage Space

Building Details

  • Electric Expense $3,600
  • Fuel Expense $1,560
  • Insurance Expense $688
  • Water Sewer Expense $2,760

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,510

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1900
  • Age: 121
  • Style: Two Story
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: N 1 Ft Lot 9 Lot 10 LF Curdes 2nd Add
  • Parcel Number ID: 02-12-03-233-010.000-074
  • Platted: Yes
  • Amenities: Basement, Ceiling Fan, Storage, Porch Covered
  • Sp Lp Percent: 97.64
  • Monthly Gross Income: 1075
  • Year Taxes Payable: 2020
  • Special Features: None

Interior Features

  • Total Sq Ft: 2520
  • Total Finished Sq Ft: 1968
  • Above Grade Finished Sq Ft: 1968
  • Below Grade Sq Ft: 552
  • Price Per Sq Ft: 64.45
  • Basement: Yes
  • Basement Foundation: Unfinished
  • Flooring: Carpet, Laminate, Wood
  • Total Below Grade Sq Ft: 552
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Aluminum
  • Fence: Chain Link
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 2
  • Parking: Garage, Off Street

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Electric: 3600
  • Annual Fuel Expense: 1560
  • Annual Insurance Expense: 688
  • Annual Water Sewer Expense: 2760
  • Number Of W D Hookups: 1

Schools

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

Lot Info

  • Lot Description: Corner
  • Lot Dimensions: 41 x 144
  • Estimated Lot Sq Ft: 5472
  • Estimated Lot Size Acres: 0.126

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Building Insurance, Water
  • Tenant Pays: Electric, Lawn Maintenance, Snow Removal, Trash Collection

Multi Family

  • Gross Monthly Rent: 1075
  • Number Of Dryers: 1
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Number Of Washers: 1
  • Num Of2 Bedrooms: 1
  • Number Of 3 Bedrooms: 1
  • Num Of Efficiencies: 2
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 1509.86

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2021
Closed on
Dec 10, 2021
Sold by
Termar Properties Llc
Bought by
Fort Wayne Llc
Seller's Agent
Nancey Weaver
Agency & Co. Real Estate
Buyer's Agent
Emmanuel Romero
Keller Williams Realty Group
List Price
$129,900
Sold Price
$126,837
Premium/Discount to List
-$3,063
-2.36%
Current Estimated Value
$185,111

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,274
Avg. Annual Appreciation
12.10%
Original Mortgage
$603,268
Outstanding Balance
$556,190
Interest Rate
2.98%
Mortgage Type
Commercial
Estimated Equity
-$360,889

Purchase Details

Closed on
Jan 18, 2007
Sold by
Wissel Mark W and Lundquist Terrance J
Bought by
Termar Properties Llc

Purchase Details

Closed on
Jun 27, 2005
Sold by
Wells Fargo Bank Minnesota Na
Bought by
Wissel Mark W and Lundquist Terrance J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$23,400
Interest Rate
5.68%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 15, 2005
Sold by
Stewart James J and Stewart Jill I
Bought by
Wells Fargo Bank Minnesotta Na and Option One Mortgage Loan Trust 2003-2 As
Source: Public Records

Range of Values:

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Average Value
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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
Fort Wayne Llc $126,837 Trademark Title
Termar Properties Llc -- None Available
Wissel Mark W -- Investors Titlecorp
Wells Fargo Bank Minnesotta Na $58,565 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fort Wayne Llc $603,268
Previous Owner Wissel Mark W $23,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2021 12/15/21 Sold $126,837 -2.4% $64 / Sq Ft
08/24/2021 08/24/21 Pending -- -- --
08/19/2021 08/19/21 For Sale $129,900 -- $66 / 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 $3,576 $154,800 $16,400 $138,400
2023 $3,576 $156,400 $16,400 $140,000
2022 $3,144 $139,900 $16,400 $123,500
2021 $1,608 $71,800 $5,100 $66,700
2020 $1,510 $69,000 $5,100 $63,900
2019 $1,093 $50,200 $4,700 $45,500
2018 $1,081 $49,300 $5,000 $44,300
2017 $900 $40,700 $5,100 $35,600
2016 $872 $40,000 $5,200 $34,800
2014 $671 $32,300 $4,600 $27,700
2013 $785 $37,800 $8,500 $29,300
Source: Public Records

Agents Affiliated with this Home

  • Nancey Weaver

    Seller's Agent in 2021

    Nancey Weaver

    Agency & Co. Real Estate

    (260) 494-2154

    2 in this area

    84 Total Sales

    Nancey Weaver
    Section Image
  • Emmanuel Romero

    Buyer's Agent in 2021

    Emmanuel Romero

    Keller Williams Realty Group

    (260) 301-4599

    2 in this area

    32 Total Sales

    Emmanuel Romero
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202134455

Indiana Regional MLS

APN: 02-12-03-233-010.000-074

Indiana Allen County Fort Wayne 46808 Hamilton

1437 & 1437 1/2 Oakland St, Fort Wayne, IN

This home is located at 1437 & 1437 1/2 Oakland St, Fort Wayne, IN 46808 since 19 August 2021 and is currently estimated at $185,111, approximately $94 per square foot. This property was built in 1900. 1437 & 1437 1/2 Oakland 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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