NOT LISTED FOR SALE

1621 N Wells St Fort Wayne, IN 46808

Bloomingdale Neighborhood

Estimated Value: $238,000 - $293,000

5 Beds
6 Baths
3,348 Sq Ft
$79/Sq Ft Est. Value

Last Sold June 13, 2017

Last sale price $97,000 $29 Per Sq Ft

Est. 174% increase in value since last sale

Current estimated payment $1,739/month

4 Days on Market

Highlights

  • Wood Flooring
  • Hot Water Heating System
  • Level Lot

About This Home

As of June 2017

Same owner for many years. Outstanding net profit of $26,441 per year. All 6 units are currently rented. Landlord is retiring. Tenants are month to month. Great location right in middle of the Wells Street Corridor! Seller will not sell on contract. Buyers must show proof of funds or conventional loan pre-approval.

Last Agent to Sell the Property

Rick Widmann

CENTURY 21 Bradley Realty, Inc Listed on: 04/26/2017

CENTURY 21 Bradley Realty, Inc

Last Buyer's Agent

Rick Widmann

CENTURY 21 Bradley Realty, Inc Listed on: 04/26/2017

CENTURY 21 Bradley Realty, Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,198

Year Built

  • Built in 1900

Lot Details

  • 6,752 Sq Ft Lot
  • Lot Dimensions are 45x150
  • Level Lot

Parking

  • 1 Parking Space

Home Design

  • Asbestos Siding

Interior Spaces

  • 2-Story Property
  • Partially Finished Basement

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 6 Full Bathrooms

Utilities

  • Hot Water Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • The owner pays for building insurance, electric, heating, lawn maintenance, maintenance, sewer, tax, water
  • Assessor Parcel Number 02-07-35-383-029.000-074

Community Details

Overview

  • 6 Units

Pet Policy

  • Pet Restriction

Building Details

  • Electric Expense $2,952
  • Fuel Expense $1,558
  • Insurance Expense $800
  • Water Sewer Expense $1,692

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,198

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Sixplex
  • Year Built: 1900
  • Age: 117
  • Style: Two Story
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 5
  • Total Bathrooms: 6
  • Total Full Bathrooms: 6
  • Legal Description: Lot 4 F J BECKS HOMESTEAD ADD
  • Parcel Number ID: 02-07-35-383-029.000-074
  • Platted: Yes
  • Amenities: Basement
  • Sp Lp Percent: 97.1
  • Monthly Gross Income: 2203
  • Special Features: None

Interior Features

  • Total Sq Ft: 4756
  • Total Finished Sq Ft: 3348
  • Above Grade Finished Sq Ft: 3348
  • Below Grade Sq Ft: 1408
  • Basement: Yes
  • Basement Foundation: Partial Basement
  • Flooring: Carpet, Wood, Vinyl
  • Total Below Grade Sq Ft: 1408
  • Number Of Ranges Ovens: 6
  • Number Ttl Rooms Below Grade: 10

Exterior Features

  • Exterior: Asbestos
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 1

Utilities

  • Heating Fuel: Gas, Hot Water
  • Sewer: City
  • Water Utilities: City
  • Annual Electric: 2952
  • Annual Fuel Expense: 1558
  • Annual Insurance Expense: 800
  • Annual Water Sewer Expense: 1692

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • School District: Fort Wayne Community
  • Elementary School: Franke Park
  • Middle School: Northwood
  • High School: North Side

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 45X150
  • Estimated Lot Sq Ft: 6752
  • Estimated Lot Size Acres: 0.155
  • Lot Number: 4

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Building Insurance, Electric, Heating, Lawn Maintenance, Maintenance, Sewer, Tax, Water

Multi Family

  • Gross Monthly Rent: 2820
  • Number Of Refrigerators: 6
  • Number Of Units: 6
  • Num Of1 Bedrooms: 4
  • Num Of Efficiencies: 2
  • Num Of Units Rented: 6

Tax Info

  • Annual Property Tax: 1198

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 26, 2019
Sold by
Inifinity One Llc
Bought by
Hb Realty Llc
Current Estimated Value
$265,500

Purchase Details

Listed on
Apr 26, 2017
Closed on
Jun 13, 2017
Sold by
F & C Investments Inc
Bought by
Infinity One Llc
Seller's Agent
Rick Widmann
CENTURY 21 Bradley Realty, Inc
Buyer's Agent
Rick Widmann
CENTURY 21 Bradley Realty, Inc
List Price
$99,900
Sold Price
$97,000
Premium/Discount to List
-$2,900
-2.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.90%

Purchase Details

Closed on
Feb 14, 2005
Sold by
Mcqueen William F
Bought by
F & C Investments 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
Hb Realty Llc $115,000 Trademark Title, Inc
Infinity One Llc -- Renaissance Title
F & C Investments Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Infinity One Llc $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/13/2017 06/13/17 Sold $97,000 -2.9% $29 / Sq Ft
04/30/2017 04/30/17 Pending -- -- --
04/26/2017 04/26/17 For Sale $99,900 -- $30 / 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 $3,914 $194,900 $10,400 $184,500
2022 $2,791 $124,200 $10,900 $113,300
2021 $1,881 $84,000 $4,200 $79,800
2020 $1,740 $79,500 $4,000 $75,500
2019 $2,376 $109,100 $8,500 $100,600
2018 $2,014 $142,500 $8,500 $134,000
2017 $1,265 $57,200 $9,000 $48,200
2016 $1,246 $57,200 $9,000 $48,200
2014 $1,189 $112,400 $9,000 $103,400
2013 $1,046 $50,400 $9,000 $41,400
Source: Public Records

Agents Affiliated with this Home

  • Rick Widmann

    Seller's Agent in 2017

    Rick Widmann

    CENTURY 21 Bradley Realty, Inc

    (260) 704-6565

    127 Total Sales

    Rick Widmann
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Map

Source: Indiana Regional MLS

MLS Number: 201717784

Indiana Regional MLS

APN: 02-07-35-383-029.000-074

Indiana Allen County Fort Wayne 46808 Bloomingdale

1621 N Wells St, Fort Wayne, IN

This home is located at 1621 N Wells St, Fort Wayne, IN 46808 since 26 April 2017 and is currently estimated at $265,500, approximately $79 per square foot. This property was built in 1900. 1621 N Wells 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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