NOT LISTED FOR SALE

1508 Flagstone Dr Fort Wayne, IN 46815

North Anthony Neighborhood

Estimated Value: $222,000 - $269,000

5 Beds
2 Baths
2,303 Sq Ft
$105/Sq Ft Est. Value

Last Sold April 10, 2015

Last sale price $118,500 $51 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $1,594/month

34 Days on Market

Highlights

  • Cathedral Ceiling
  • 1 Car Attached Garage
  • Energy-Efficient Appliances
  • Covered Patio or Porch
  • Laundry closet
  • Ceramic Tile Flooring

About This Home

As of April 2015

Cash Flow... This is what being an investor is all about. Low Maintenance. Great property for the person who wants to try out being an investor. Updated appliances, flooring and many other items. You would be sick to your stomach if you bought any other duplex on the market because you will have more repairs that will eat up your profitability. The goal of being an investor is to KEEP your gross rental income. Have you ever thought of buying your first home and having the next door neighbors paying down your mortgage? Then this is for you! Rents have not been increased in many years. Growth Potential.

Last Agent to Sell the Property

Brad Noll

Noll Team Real Estate Listed on: 01/22/2015

Last Buyer's Agent

Patrick Gillan

Antrim Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,208

Year Built

  • Built in 1996

Lot Details

  • 9,975 Sq Ft Lot
  • Lot Dimensions are 97x103
  • Landscaped
  • Level Lot

HOA Fees

  • $3 Monthly HOA Fees

Home Design

  • Duplex
  • Slab Foundation
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,303 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Laminate Countertops

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Washer Hookup

Attic

  • Storage In Attic
  • Pull Down Stairs to Attic

Parking

  • 1 Car Attached Garage
  • Heated Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Eco-Friendly Details

  • Energy-Efficient Appliances
  • ENERGY STAR Qualified Equipment for Heating

Schools

  • Highland Terrace Elementary School
  • New Haven Middle School
  • New Haven High School

Utilities

  • Forced Air Heating and Cooling System
  • ENERGY STAR Qualified Air Conditioning
  • Heating System Uses Gas
  • ENERGY STAR Qualified Water Heater
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Covered Patio or Porch
  • Suburban Location

Listing and Financial Details

  • Tenant pays for cable, cooling, electric, heating, snow removal, sewer, trash collection, water
  • The owner pays for association dues, lawn maintenance, maintenance, tax
  • Assessor Parcel Number 02-08-33-381-016.000-070

Community Details

Overview

  • 2 Units
  • Fieldstone Place Subdivision

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $363
  • Fuel Expense $719
  • Insurance Expense $815
  • Maintenance Expense $500
  • Water Sewer Expense $414

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,208

Year Built

Built in 1996

Lot Details

0

HOA Fees

$3 per month

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1996
  • Age: 19
  • Style: One Story
  • Architectural Style: Ranch
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 5
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Fieldstone Place lot 15 Sec 4 |
  • Parcel Number ID: 02-08-33-381-016.000-070
  • Platted: Yes
  • Amenities: Ceiling Fan, Attic Pull Down Stairs, Attic Storage, Cable Available, Cable Ready, Ceiling-Cathedral, Countertops-Laminate, Garage Door Opener, Landscaped, Patio Covered, Water Heater Gas, Garage-Heated, Washer Hook-Up
  • Location: City/Town/Suburb
  • Sp Lp Percent: 94.88
  • Monthly Gross Income: 1100
  • Year Taxes Payable: 2014
  • Special Features: None

Interior Features

  • Total Sq Ft: 2303
  • Total Finished Sq Ft: 2303
  • Above Grade Finished Sq Ft: 2303
  • Price Per Sq Ft: 51.45
  • Basement Foundation: Slab
  • Flooring: Carpet, Ceramic Tile
  • Number Of Disposals: 2
  • Number Of Microwaves: 2
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt, Shingle
  • Stories: 1

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: AEP/I&M
  • Gas Company: NIPSCO
  • Cable Company: Comcast
  • Hvac: Energy Star A/C, Energy Star Heating
  • Annual Electric: 363
  • Annual Fuel Expense: 719
  • Annual Insurance Expense: 815
  • Annual Maintenance Expense: 500
  • Annual Water Sewer Expense: 414
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Of W D Hookups: 2
  • Number Water Meters: 2

Condo/Co-op/Association

  • Association Fees: 40
  • Association Fees Frequency: Annually
  • Common Amenities: Cable TV Antenna, Sidewalks

Schools

  • School District: East Allen County
  • Elementary School: Highland Terrace (Closed)
  • Middle School: New Haven
  • High School: New Haven
  • Elementary School: Highland Terrace (Closed)

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 97x103
  • Estimated Lot Sq Ft: 9975
  • Estimated Lot Size Acres: 0.229

Green Features

  • Energy Efficient: Appliances, Water Heater

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Association Dues, Lawn Maintenance, Maintenance, Tax
  • Tenant Pays: Cable, Cooling, Electric, Heating, Snow Removal, Sewer, Trash Collection, Water

Multi Family

  • Gross Monthly Rent: 1100
  • Number Of Dishwashers: 2
  • Number Of Dryers: 2
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Number Of Washers: 2
  • Num Of2 Bedrooms: 1
  • Number Of 3 Bedrooms: 1
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 2208

MLS Schools

  • High School: New Haven
  • Middle School: New Haven
  • School District: East Allen County

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2015
Closed on
Apr 10, 2015
Sold by
Herr Sarah L
Bought by
Berls Charles P and Declar Judy E Berls
Seller's Agent
Brad Noll
Noll Team Real Estate
Buyer's Agent
Patrick Gillan
Antrim Group
List Price
$124,900
Sold Price
$118,500
Premium/Discount to List
-$6,400
-5.12%
Current Estimated Value
$241,061

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,561
Avg. Annual Appreciation
6.98%

Purchase Details

Closed on
Apr 8, 2008
Sold by
Herr David A
Bought by
Herr Sarah L

Purchase Details

Closed on
Sep 27, 2005
Sold by
Brown Phillip E and Brown Jeri M
Bought by
Herr David A

Purchase Details

Closed on
Jul 27, 2004
Sold by
Brown Phillip E
Bought by
Brown Phillip E and Brown Jeri M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 18, 2004
Sold by
Lake City Bank
Bought by
Brown Phillip E
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
Berls Charles P -- Metropolitan Title Of In
Herr Sarah L -- None Available
Herr David A -- Lawyers Title Ins
Brown Phillip E -- Three Rivers Title Co Inc
Brown Phillip E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brown Phillip E $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/10/2015 04/10/15 Sold $118,500 -5.1% $51 / Sq Ft
02/25/2015 02/25/15 Pending -- -- --
01/22/2015 01/22/15 For Sale $124,900 -- $54 / 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 $3,758 $143,000 $11,200 $131,800
2022 $2,780 $139,000 $15,700 $123,300
2021 $2,628 $131,400 $15,700 $115,700
2020 $2,522 $126,100 $15,700 $110,400
2019 $2,312 $115,600 $15,700 $99,900
2018 $2,312 $115,600 $15,700 $99,900
2017 $2,266 $113,300 $15,700 $97,600
2016 $2,296 $114,800 $15,700 $99,100
2014 $2,328 $116,400 $15,700 $100,700
2013 $2,208 $110,400 $15,700 $94,700
Source: Public Records

Agents Affiliated with this Home

  • Brad Noll

    Seller's Agent in 2015

    Brad Noll

    Noll Team Real Estate

    (260) 710-7744

    349 Total Sales

    Brad Noll
    Section Image
  • Patrick Gillan

    Buyer's Agent in 2015

    Patrick Gillan

    Antrim Group

    (260) 420-5730

    1 in this area

    65 Total Sales

    Patrick Gillan
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 201502776

Indiana Regional MLS

APN: 02-08-33-381-016.000-070

Indiana Allen County Fort Wayne 46815 North Anthony

1508 Flagstone Dr, Fort Wayne, IN

This home is located at 1508 Flagstone Dr, Fort Wayne, IN 46815 since 22 January 2015 and is currently estimated at $241,061, approximately $104 per square foot. This property was built in 1996. 1508 Flagstone Dr is a home located in Allen County with nearby schools including New Haven Primary School, New Haven Intermediate School, and New Haven 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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