NOT LISTED FOR SALE

Estimated Value: $181,000 - $213,000

4 Beds
4 Baths
2,281 Sq Ft
$85/Sq Ft Est. Value

Last Sold December 10, 2024

Last sale price $180,000 $79 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $1,281/month

14 Days on Market

Highlights

  • 0.2 Acre Lot
  • Forced Air Heating System
  • 4-minute walk to Hamilton Park
  • Luxury Vinyl Tile Flooring
  • Level Lot

About This Home

As of December 2024

This 4 plex in the '08 cash flows $2225 a month. This unit consists of 1 - efficiency with a long term tenant, 3 -1 bedrooms with 1 long term tenant and 2 freshly updated and new tenants. The unit has 3 gas meters, 4 electric meters, water/sewer/trash is on RUBS (split per occupancy between tenants). Lawn care is owner responsibility. Basement has a separate outside entrance. Each unit has a stove and refrigerator that will transfer with sale. NO LAUNDRY. Tenant provided window ac units. Rent roll attached.

Last Agent to Sell the Property

Tammie Jones

Open Door Rentals and Real Estate Listed on: 11/01/2024

Last Buyer's Agent

Dylan Dehmiri

eXp Realty, LLC

eXp Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,560

Year Built

  • Built in 1930

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 60x142
  • Level Lot

Home Design

  • Quadruplex
  • Shingle Siding

Interior Spaces

  • 2-Story Property
  • Partially Finished Basement
  • Crawl Space

Flooring

  • Carpet
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Off-Street Parking

Schools

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

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for lawn maintenance, snow removal
  • The owner pays for building insurance, electric, fuel, heating, maintenance, sewer, tax, trash collection, water
  • Assessor Parcel Number 02-12-03-226-004.000-074

Community Details

Overview

  • 4 Units
  • Archer Subdivision

Building Details

  • 4 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,560

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Fourplex
  • Year Built: 1930
  • Style: Two Story
  • Bedrooms: 4
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: Lot 148 Archers Add
  • Parcel Number ID: 02-12-03-226-004.000-074
  • Platted: Yes
  • Amenities: Off Street Parking, Near Walking Trail, Water Heater Gas
  • Special Features: None

Interior Features

  • Total Sq Ft: 3081
  • Total Finished Sq Ft: 2281
  • Above Grade Finished Sq Ft: 2281
  • Below Grade Sq Ft: 800
  • Basement: Yes
  • Basement Foundation: Crawl, Partial Basement
  • Flooring: Carpet, Vinyl Tile
  • Total Below Grade Sq Ft: 800
  • Number Of Ranges Ovens: 4

Exterior Features

  • Exterior: Shingle
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 2

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 1000
  • Number Electric Meters: 4
  • Number Gas Meters: 3
  • Number Water Meters: 1

Schools

  • Elementary School: Bloomingdale

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 60x142
  • Estimated Lot Sq Ft: 8712
  • Estimated Lot Size Acres: 0.2

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Building Insurance, Electric, Fuel, Heating, Maintenance, Sewer, Tax, Trash Collection, Water
  • Tenant Pays: Lawn Maintenance, Snow Removal

Tax Info

  • Annual Property Tax: 1560

Multi Family

  • Number Of Refrigerators: 4
  • Number Of Units: 4
  • Num Of1 Bedrooms: 4

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
Nov 1, 2024
Closed on
Dec 9, 2024
Sold by
Duzon Julia Boyd and Steindel Taylor John
Bought by
Dicks Taylor G
Seller's Agent
Tammie Jones
Open Door Rentals and Real Estate
Buyer's Agent
Dylan Dehmiri
eXp Realty, LLC
List Price
$190,000
Sold Price
$180,000
Premium/Discount to List
-$10,000
-5.26%
Views
19
Current Estimated Value
$194,105

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,105
Avg. Annual Appreciation
7.84%
Original Mortgage
$135,000
Outstanding Balance
$133,677
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$60,428

Purchase Details

Closed on
Aug 13, 2020
Sold by
Spot On Rentals Llc
Bought by
Duzon Julia Boyd and Steindel Taylor John

Purchase Details

Closed on
Jun 15, 2020
Sold by
Alderly Heaton Llc
Bought by
Spot On Rentals Llc

Purchase Details

Listed on
Sep 1, 2016
Closed on
Nov 7, 2016
Sold by
U S Bank N A
Bought by
Alderly Heaton Llc
Seller's Agent
Thomas Haggarty
RE/MAX Results
Buyer's Agent
Andie Shepherd
Mike Thomas Assoc., Inc
List Price
$22,639
Sold Price
$22,639

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.73%

Purchase Details

Closed on
Aug 9, 2016
Sold by
Dannette
Bought by
Us Bank Na and Lassalle Bank Na

Purchase Details

Closed on
Apr 5, 2007
Sold by
Fisher Property Management Llc
Bought by
Hill Dannette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,880
Interest Rate
6.2%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 9, 2006
Sold by
Brown Frances Joan and Volkert Frances Joan
Bought by
Fisher Property Management Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Dicks Taylor G -- Meridian Title
Dicks Taylor G -- Meridian Title
Duzon Julia Boyd -- Lightner Zachary M
Spot On Rentals Llc -- None Available
Alderly Heaton Llc $22,639 None Available
Us Bank Na -- None Available
Hill Dannette -- Meridian Title Corporation
Fisher Property Management Llc -- Meridian Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dicks Taylor G $135,000
Closed Dicks Taylor G $135,000
Previous Owner Hill Dannette $58,880
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/10/2024 12/10/24 Sold $180,000 -5.3% $79 / Sq Ft
11/15/2024 11/15/24 Pending -- -- --
11/01/2024 11/01/24 For Sale $190,000 +739.3% $83 / Sq Ft
11/17/2016 11/17/16 Sold $22,639 0.0% $10 / Sq Ft View Prior Sale
11/14/2016 11/14/16 Pending -- -- --
09/01/2016 09/01/16 For Sale $22,639 -- $10 / 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 $3,121 $189,000 $21,000 $168,000
2023 $3,121 $136,500 $21,000 $115,500
2022 $3,407 $151,900 $21,000 $130,900
2021 $3,455 $154,600 $10,500 $144,100
2020 $2,513 $115,100 $10,500 $104,600
2019 $1,685 $77,400 $10,500 $66,900
2018 $1,679 $76,600 $10,500 $66,100
2017 $633 $28,600 $11,800 $16,800
2016 $623 $28,600 $11,800 $16,800
2014 $594 $28,600 $11,800 $16,800
2013 $594 $28,600 $11,800 $16,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202442398

Indiana Regional MLS

APN: 02-12-03-226-004.000-074