NOT LISTED FOR SALE

Estimated Value: $57,000 - $112,000

1 Bed
1 Bath
500 Sq Ft
$173/Sq Ft Est. Value

Last Sold September 03, 2020

Last sale price $35,000 $70 Per Sq Ft

Est. 147% increase in value since last sale

Current estimated payment $478/month

18 Days on Market

Highlights

  • 1 Car Detached Garage
  • Forced Air Heating and Cooling System
  • Wood Siding
  • Enclosed Patio or Porch
  • Level Lot
  • Carpet

About This Home

As of September 2020

This property is a great investment that generates immediate return and is currently rented out at $500 per month with Property Management in place at 8%. A nice little home with a fenced back yard, a garage, an enclosed front porch, a high efficiency furnace, updated circuit breaker panel, and a basement with working toilet. Shrubs are scheduled to be trimmed and cleaned up. Please make offers contingent on buyers final walk through inspection and have proof of funds. Ranch Home 1 bedroom, 1 bath, washer & dryer hook up in basement.

Last Agent to Sell the Property

Gary Brigman

Keller Williams Realty Group Listed on: 07/10/2020

Keller Williams Realty Group

Co-Listed By

Jill Brigman

Keller Williams Realty Group

Last Buyer's Agent

Ian Barnhart

Coldwell Banker Real Estate Gr

Coldwell Banker Real Estate Gr

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $760

Year Built

  • Built in 1920

Lot Details

  • 3,598 Sq Ft Lot
  • Lot Dimensions are 25 x 144
  • Level Lot

Home Design

  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Carpet
  • Washer Hookup

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Parking

  • 1 Car Detached Garage
  • Driveway

Schools

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

Utilities

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

Additional Features

  • Enclosed Patio or Porch
  • Suburban Location

Listing and Financial Details

  • Tenant pays for electric, heating
  • The owner pays for maintenance, tax
  • Assessor Parcel Number 02-12-03-229-011.000-074

Community Details

Overview

  • Beck Subdivision

Building Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$760

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Year Built: 1920
  • Age: 100
  • Style: One Story
  • Bedrooms: 1
  • Number Above Grade Bedrooms: 1
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: N 1/2 Lot 34 Becks Subdivision
  • Parcel Number ID: 02-12-03-229-011.000-074
  • Platted: Yes
  • Amenities: Basement, Porch Enclosed, Washer Hook-Up
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Road Surface: Asphalt
  • Sp Lp Percent: 100
  • Monthly Gross Income: 500
  • Year Taxes Payable: 2019
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 1000
  • Total Finished Sq Ft: 500
  • Above Grade Finished Sq Ft: 500
  • Below Grade Sq Ft: 500
  • Price Per Sq Ft: 70
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Flooring: Carpet
  • Total Below Grade Sq Ft: 500
  • Number Of Ranges Ovens: 1

Exterior Features

  • Exterior: Wood
  • Roof Material: Asphalt
  • Stories: 1

Garage/Parking

  • Number Of Parking Spaces: 3

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • 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: Bloomingdale
  • Middle School: Lakeside
  • High School: North Side
  • Elementary School: Bloomingdale

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 25 x 144
  • Estimated Lot Sq Ft: 3598
  • Estimated Lot Size Acres: 0.0826
  • Lot Number: 34

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Maintenance, Tax
  • Tenant Pays: Electric, Heating

Multi Family

  • Gross Monthly Rent: 500
  • Number Of Dryers: 1
  • Number Of Refrigerators: 1
  • Number Of Units: 1
  • Number Of Washers: 1
  • Num Of1 Bedrooms: 1
  • Num Of Units Rented: 1

Tax Info

  • Annual Property Tax: 760

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
Jul 10, 2020
Closed on
Sep 15, 2020
Sold by
Inpro Venture Capital Inc
Bought by
Miser Jeremiah
Seller's Agent
Gary Brigman
Keller Williams Realty Group
Buyer's Agent
Ian Barnhart
Coldwell Banker Real Estate Gr
List Price
$35,000
Sold Price
$35,000
Current Estimated Value
$86,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,333
Avg. Annual Appreciation
18.23%
Original Mortgage
$33,250
Outstanding Balance
$24,575
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$57,092

Purchase Details

Listed on
Jul 10, 2020
Closed on
Sep 2, 2020
Sold by
Inpro Venture Capital Inc
Bought by
Miser Jeremiah
Seller's Agent
Gary Brigman
Keller Williams Realty Group
Buyer's Agent
Ian Barnhart
Coldwell Banker Real Estate Gr
List Price
$35,000
Sold Price
$35,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,250
Outstanding Balance
$24,575
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$57,092

Purchase Details

Closed on
Jan 30, 2020
Sold by
Compass Capital Ventures Inc
Bought by
Inpro Venture Capital Inc

Purchase Details

Closed on
Jun 16, 2017
Sold by
Alliance Property Management Ltd
Bought by
Compass Capital Ventures Inc and Inpro Venture Capital Inc
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
Miser Jeremiah -- Centurion Land Title Inc
Inpro Venture Capital Inc -- None Available
Compass Capital Ventures Inc $30,000 Attorneys Title Group
Miser Jeremiah $44,222 Centurion Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miser Jeremiah $33,250
Open Miser Jeremiah $363,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/03/2020 09/03/20 Sold $35,000 0.0% $70 / Sq Ft
07/28/2020 07/28/20 Pending -- -- --
07/10/2020 07/10/20 For Sale $35,000 -- $70 / 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 $259 $56,900 $10,400 $46,500
2022 $244 $47,500 $10,400 $37,100
2021 $165 $34,300 $5,200 $29,100
2020 $0 $24,400 $3,300 $21,100
2019 $760 $35,400 $5,200 $30,200
2018 $850 $35,200 $5,200 $30,000
2017 $651 $30,000 $4,100 $25,900
2016 $425 $20,000 $2,800 $17,200
2014 $197 $9,500 $5,200 $4,300
2013 $197 $9,500 $5,200 $4,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202026413

Indiana Regional MLS

APN: 02-12-03-229-011.000-074