NOT LISTED FOR SALE

1606 3rd St Fort Wayne, IN 46808

Hamilton Neighborhood

Estimated Value: $142,000 - $172,000

4 Beds
2 Baths
1,768 Sq Ft
$89/Sq Ft Est. Value

Last Sold September 08, 2014

Last sale price $62,000 $35 Per Sq Ft

Est. 153% increase in value since last sale

Current estimated payment $1,084/month

Highlights

  • Detached Second Garage
  • 2 Car Detached Garage
  • Storm Windows
  • Traditional Architecture
  • Eat-In Kitchen
  • Entrance Foyer

About This Home

As of September 2014

Well maintained duplex located on the popular West State area. Main level is a nice 5 room lay out. Hardwood floors in bedrooms, All appliances to remain, plus washer and dryer in basement. Newer carpet, GFA and CA in unit. Plenty of storage. Upper unit has 5 rooms with new carpet, newer windows, newer water heater, Unit air condition available for unit. Newer roof and siding on home, plus new roof and siding on garage. Detach two car garage with opener and activator. Live in the main unit and rent out the upper for making your mortgage payment.

Last Agent to Sell the Property

Ken Trulock

Coldwell Banker Real Estate Gr Listed on: 07/14/2014

Coldwell Banker Real Estate Gr

Last Buyer's Agent

Adam Atherton

Uptown Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $525

Year Built

  • Built in 1935

Lot Details

  • 5,600 Sq Ft Lot
  • Lot Dimensions are 40x140
  • Sloped Lot

Home Design

  • Duplex
  • Traditional Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Insulated Windows
  • Entrance Foyer
  • Washer Hookup

Kitchen

  • Eat-In Kitchen
  • Laminate Countertops

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Basement

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

Home Security

  • Storm Windows
  • Fire and Smoke Detector

Parking

  • 2 Car Detached Garage
  • Detached Second Garage
  • Garage Door Opener
  • Off-Street Parking

Location

  • Suburban Location

Schools

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

Utilities

  • Central Air
  • Window Unit Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Homestead Exemption
  • Tenant pays for cable, cooling, deposit value, electric, fuel, heating, sewer, trash collection, water
  • The owner pays for building insurance, lawn maintenance, snow removal
  • Assessor Parcel Number 02-12-03-203-007.000-074

Community Details

Overview

  • 2 Units
  • Schilling Heirs Subdivision

Amenities

  • Community Storage Space

Pet Policy

  • Pet Restriction

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$525

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1935
  • Age: 79
  • Style: Two Story
  • Architectural Style: Traditional
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Lot 23 Schilling Heirs Add |
  • Parcel Number ID: 02-12-03-203-007.000-074
  • Platted: Yes
  • Amenities: Basement, Ceiling Fan, Off Street Parking, Storage, Cable Available, Cable Ready, Countertops-Laminate, Detector-Smoke, Eat-In Kitchen, Foyer Entry, Garage Door Opener, Storm Windows, Water Heater Gas, Washer Hook-Up
  • Location: City/Town/Suburb
  • Road Access: City
  • Road Surface: Paved
  • Sp Lp Percent: 95.53
  • Year Taxes Payable: 2013/2014
  • Special Features: 1028

Interior Features

  • Total Sq Ft: 2652
  • Total Finished Sq Ft: 1768
  • Above Grade Finished Sq Ft: 1768
  • Below Grade Sq Ft: 884
  • Price Per Sq Ft: 35.07
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Basement Material: Poured Concrete
  • Flooring: Carpet, Ceramic Tile
  • Total Below Grade Sq Ft: 884
  • Number Of Disposals: 1
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Brick, Vinyl
  • Roof Material: Shingle
  • Stories: 2
  • Outbuilding: 2nd Detached Garage
  • Outbuilding Sq Ft: 400

Garage/Parking

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

Utilities

  • Cooling: Central Air, Window
  • Heating Fuel: Gas
  • Sewer: City
  • Water Utilities: City
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Of W D Hookups: 1
  • Number Water Meters: 2

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

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

Lot Info

  • Lot Description: Slope
  • Lot Dimensions: 40x140
  • Estimated Lot Sq Ft: 5600
  • Estimated Lot Size Acres: 0.12
  • Lot Number: 23

Green Features

  • Energy Efficient Windows/Doors: Insulated Glass Windows

Rental Info

  • Lease Term: Negotiable
  • Owner Pays: Building Insurance, Lawn Maintenance, Snow Removal
  • Tenant Pays: Cable, Cooling, Deposit Value, Electric, Fuel, Heating, Sewer, Trash Collection, Water

Tax Info

  • Exemptions: Homestead, Mortgage
  • Annual Property Tax: 525.08

Multi Family

  • Number Of Dishwashers: 1
  • Number Of Dryers: 1
  • Number Of Refrigerators: 1
  • Number Of Units: 2
  • Number Of Washers: 1
  • Num Of2 Bedrooms: 2

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 14, 2014
Closed on
Sep 8, 2014
Sold by
Gelwicks Chad M
Bought by
Morris Kyle and Morris Kendra
Seller's Agent
Ken Trulock
Coldwell Banker Real Estate Gr
Buyer's Agent
Adam Atherton
Uptown Realty Group
List Price
$64,900
Sold Price
$62,000
Premium/Discount to List
-$2,900
-4.47%
Total Days on Market
0
Current Estimated Value
$157,164

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,164
Avg. Annual Appreciation
9.03%
Original Mortgage
$46,500
Outstanding Balance
$36,121
Interest Rate
4.15%
Mortgage Type
New Conventional
Estimated Equity
$121,043

Purchase Details

Closed on
Mar 28, 2002
Sold by
Jones Robert M
Bought by
Gelwicks Chad M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,805
Interest Rate
6.87%
Source: Public Records

Similar Homes in Fort Wayne, IN

  • 1602 Geller St, Fort Wayne, IN 46808

    $155,000

    • 2 Beds
    • 2 Baths
    • 1,604 Sq Ft
    • 1602 Geller St
    • Fort Wayne, IN

    A rare opportunity to own a beautifully updated duplex just minutes from the heart of downtown! Situated on a spacious corner double lot, this turnkey property offers two generous 1 bed / 1 bath units, each with its own private deck — ideal for relaxing or entertaining. Both units have been thoughtfully renovated within the last 1–5 years, blending modern finishes with classic charm. Tenants

    Jordan Wildman eXp Realty, LLC

    Section Image
  • 1320 Taylor St, Fort Wayne, IN 46802

    $154,900

    • 2 Beds
    • 2 Baths
    • 1,200 Sq Ft
    • 1320 Taylor St
    • Fort Wayne, IN

    This all brick two story home is in an excellent location, just outside of the West Central neighborhood and walking distance to Electric Works, Mad Anthony Brewery, many other popular parks, restaurants, & more! Perfect as an investment property, this home has been converted to two 1 bed 1 bath studio apartments. Suite 100, on the bottom floor, includes kitchen appliances, a large living area,

    Evan Riecke Encore Sotheby's International Realty

    Section Image
  • 2120 Broadway, Fort Wayne, IN 46802

    $149,000

    • 3 Beds
    • 3 Baths
    • 1,325 Sq Ft
    • 2120 Broadway
    • Fort Wayne, IN

    Newly remodeled tri-plex, currently with two vacancies but listed for rent. Total possible income is $1980 per month, with how they are listed for rent. Opportunity to combine the purchase with a 6 plex next door at 2130 Broadway. Owner currently pays all utilities and lawn care. Once units are fully rented, from the new, desirable rehab, it should well exceed the 1% rule. Purchase comes with

    Eric Bol CENTURY 21 Bradley Realty, Inc

    Section Image
  • 320 Brandriff St, Fort Wayne, IN 46802

    $139,900

    • 3 Beds
    • 2 Baths
    • 2,072 Sq Ft
    • 320 Brandriff St
    • Fort Wayne, IN

    Discover an exceptional income-generating opportunity with this beautifully renovated duplex. Offering a total of 2,072 sq ft of stylish living space, this property features two distinct units, both currently tenanted for immediate returns. Currently the total rent is $1475/mo with all utilities paid by the tenants The first unit provides a chic one-bedroom, one-bathroom layout, ideal for urban

    Jordan Wildman eXp Realty, LLC

    Section Image
  • 2411 Fox Ave, Fort Wayne, IN 46807

    $149,900

    • 4 Beds
    • 3 Baths
    • 1,818 Sq Ft
    • 2411 Fox Ave
    • Fort Wayne, IN

    Seeking a reliable investment opportunity with immediate returns? This triplex positioned near the exciting Electric Works development offers exactly that. Featuring one efficiency unit, one 1-bedroom unit, and a spacious 2-bedroom unit, this property caters to a variety of renters, maximizing your potential income. ALL THREE UNITS ARE FULLY OCCUPIED, generating cash flow from the moment you

    Jordan Wildman eXp Realty, LLC

    Section Image
  • 2506 Miner St, Fort Wayne, IN 46807

    $159,000

    • 5 Beds
    • 3 Baths
    • 2,105 Sq Ft
    • 2506 Miner St
    • Fort Wayne, IN

    Amazing duplex waiting for the next investor or house hacker! Downstairs unit is 3 bedroom and 2 full bath, and upstairs unit is 2 bedroom and one full bath. Fully occupied units with good rental income. Cash flow property bringing in 1900 per month. Tenants currently pay Gas, and owner pays electric and water. Remodeled in the last couple of years, and very well kept. Could easily become a

    Eric Bol CENTURY 21 Bradley Realty, Inc

    Section Image
  • 814 Grace Ave, Fort Wayne, IN 46807

    $159,900

    • 2 Beds
    • 2 Baths
    • 1,550 Sq Ft
    • 814 Grace Ave
    • Fort Wayne, IN

    Come see this great investment property located in the 07. Both units have private entrance, spacious living room, nice size bedroom and kitchen. Main unit also has a back patio. Detached garage is not rented but could be. Main floor unit is on an annual lease and upper unit will be available by the end of May.

    David Adelsperger CENTURY 21 Bradley Realty, Inc

    Section Image
  • 2832 Broadway, Fort Wayne, IN 46807

    $145,900

    • 2 Beds
    • 2 Baths
    • 1,584 Sq Ft
    • 2832 Broadway
    • Fort Wayne, IN

    Great investment Property!!! Conveniently located minutes from Downtown Fort Wayne, GE Works, Foster Park and more, this Duplex is being Sold As with two Current Leases. The property offers two one-bedroom/ one bathroom apartments, offering simple architecture with touches of historic charm. The first tenant pays $750 rent and a $150 utility fee, monthly. The upstairs tenant pays $695 rent and

    Joy Tiernon Select Realty, LLC

    Section Image
  • 2825 Edwards St, Fort Wayne, IN 46802

    $146,900

    • 4 Beds
    • 2 Baths
    • 1,627 Sq Ft
    • 2825 Edwards St
    • Fort Wayne, IN

    *Offer accepted, accepting backups* This thoughtfully remodeled home offers a rare opportunity to own a turnkey property in one of the city's most sought-after neighborhoods. Renovated in 2023, the interior features tasteful updates throughout, including a modern kitchen, updated bathrooms, and new mechanical systems—furnace and water heater (2024), and a roof replaced just four years ago. Set on

    Jordan Wildman eXp Realty, LLC

    Section Image
See All Homes in Fort Wayne

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Morris Kyle -- Fidelity Natl Title Co Llc
Gelwicks Chad M -- Three Rivers Title Company I
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morris Kyle $46,500
Previous Owner Gelwicks Chad M $58,805
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2014 09/08/14 Sold $62,000 -4.5% $35 / Sq Ft
07/14/2014 07/14/14 Pending -- -- --
07/14/2014 07/14/14 For Sale $64,900 -- $37 / 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 $2,455 $146,200 $16,500 $129,700
2022 $2,672 $118,900 $16,500 $102,400
2021 $2,551 $113,900 $8,200 $105,700
2020 $2,048 $93,600 $8,200 $85,400
2019 $1,886 $86,600 $8,200 $78,400
2018 $1,883 $85,900 $8,200 $77,700
2017 $1,863 $84,200 $8,200 $76,000
2016 $1,778 $81,600 $8,200 $73,400
2014 $812 $68,200 $8,200 $60,000
2013 $815 $68,800 $8,200 $60,600
Source: Public Records

Agents Affiliated with this Home

  • Ken Trulock

    Seller's Agent in 2014

    Ken Trulock

    Coldwell Banker Real Estate Gr

    (260) 705-4908

    Section Image

  • A

    Buyer's Agent in 2014

    Adam Atherton

    Uptown Realty Group

    (260) 415-5206

    35 Total Sales

    Adam Atherton
    Section Image
See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 201429786

Indiana Regional MLS

APN: 02-12-03-203-007.000-074

Indiana Allen County Fort Wayne 46808 Hamilton

1606 3rd St, Fort Wayne, IN

This home is located at 1606 3rd St, Fort Wayne, IN 46808 since 14 July 2014 and is currently estimated at $157,164, approximately $88 per square foot. This property was built in 1935. 1606 3rd St is a home located in Allen County with nearby schools including Francis M. Price Elementary School, Northwood 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.

Nearby Homes