NOT LISTED FOR SALE

1625 E Rudisill Blvd Fort Wayne, IN 46806

Pettit-Rudisill Neighborhood

Estimated Value: $153,000 - $160,000

4 Beds
2 Baths
3,420 Sq Ft
$46/Sq Ft Est. Value

Last Sold August 19, 2024

Last sale price $160,000 $47 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $1,003/month

1 Day on Market

Highlights

  • Wood Flooring
  • Forced Air Heating System
  • 1-Story Property
  • Corner Lot

About This Home

As of August 2024

**Cash cow- over 11% CAP! More once the other unit is rented at market value! ** Purpose built side by side duplex with all utilities separated. Each side is 2 bed, 1 bath- 2 separate entrances to each unit. Tenant pays all utilities. Units are mirror image of each other design-wise. One side is vacant - ready to rent or for owner occupied $825 - one side is vacant and ready to rent or for owner occupant. Live in one and rent the other or rent both. New roof 2022, newer furnaces in both units. All new windows in one unit. Separate parking for each unit. Tenant pays gas, electric, water, sewer and trash. Both units have two separate entrances and each unit sits on a full basement. The Go Show is for the vacant unit only, 1627. Please allow 24hrs to schedule showings on occupied unit. DO NOT DISTURB THE TENANT otherwise. Rent for one side is is estimated based on what similar units (from same owner) are renting on the same block. Occupied unit is renting at way below market value so there is room for more cash flow once tenant vacates. Lease ends 9/30/ 2024.

Last Agent to Sell the Property

Rumbi Chakabva

Coldwell Banker Real Estate Gr Brokerage Phone: 260-450-5796 Listed on: 08/09/2024

Coldwell Banker Real Estate Gr

Last Buyer's Agent

Ahtway Freeda

Allure Realty LLC

Allure Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,589

Year Built

  • Built in 1950

Lot Details

  • 6,032 Sq Ft Lot
  • Lot Dimensions are 58x104
  • Corner Lot

Home Design

  • Duplex

Interior Spaces

  • 1-Story Property

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

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

Parking

  • 2 Parking Spaces
  • Off-Street Parking

Schools

  • Maplewood Elementary School
  • Miami Middle School
  • Wayne High School

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for electric, fuel, heating, sewer, snow removal, trash collection, water
  • The owner pays for building insurance, tax
  • Assessor Parcel Number 02-12-13-432-020.000-074

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $700
  • Maintenance Expense $1,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,589

Year Built

Built in 1950

Lot Details

6,032 Sq Ft Lot

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1950
  • Style: One Story
  • Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: LOT 5 ANTON S STASZAKS SUBDIVISION
  • Parcel Number ID: 02-12-13-432-020.000-074
  • Platted: Yes
  • Amenities: Basement, Off Street Parking
  • Special Features: None

Interior Features

  • Total Sq Ft: 3420
  • Total Finished Sq Ft: 3420
  • Above Grade Finished Sq Ft: 1710
  • Below Grade Finished Sq Ft: 1710
  • Basement: Yes
  • Basement Foundation: Full Basement, Unfinished
  • Flooring: Wood, Vinyl
  • Total Below Grade Sq Ft: 1710
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Aluminum
  • Stories: 1

Garage/Parking

  • Number Of Parking Spaces: 2

Utilities

  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 700
  • Annual Maintenance Expense: 1000
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Of W D Hookups: 2
  • Number Water Meters: 2

Schools

  • Elementary School: Maplewood

Lot Info

  • Lot Description: Corner
  • Lot Dimensions: 58X104
  • Estimated Lot Sq Ft: 6032
  • Estimated Lot Size Acres: 0.14
  • Lot Number: 5

Rental Info

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

Tax Info

  • Annual Property Tax: 1588.9

Multi Family

  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of2 Bedrooms: 2

MLS Schools

  • High School: Wayne
  • Middle School: Miami
  • School District: Fort Wayne Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2024
Closed on
Aug 16, 2024
Sold by
Mvp Investments Llc
Bought by
Khan Mohammed
Seller's Agent
Rumbi Chakabva
Coldwell Banker Real Estate Gr
Buyer's Agent
Ahtway Freeda
Allure Realty LLC
List Price
$164,900
Sold Price
$160,000
Premium/Discount to List
-$4,900
-2.97%
Views
7
Current Estimated Value
$156,835

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,165
Avg. Annual Appreciation
-1.25%

Purchase Details

Closed on
Dec 11, 2020
Sold by
Keirn Nathan Allen
Bought by
Mvp Investments Llc

Purchase Details

Closed on
Oct 30, 2014
Sold by
Wells Roth Rex A
Bought by
Keirn Nathan Allen

Purchase Details

Closed on
Nov 15, 2011
Sold by
County Of Allen
Bought by
Ira Rex A Wells Roth

Purchase Details

Closed on
Mar 19, 2007
Sold by
Metro Real Estate Inc
Bought by
Ryan Bruce A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
8.45%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 20, 2002
Sold by
Johnson Marilyn P
Bought by
First Fsb
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Khan Mohammed -- None Listed On Document
Mvp Investments Llc -- None Listed On Document
Keirn Nathan Allen -- Mad Anthony Title
Ira Rex A Wells Roth $2,185 None Available
Ryan Bruce A -- Integrity Land Title Corp
First Fsb -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ryan Bruce A $52,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/19/2024 08/19/24 Sold $160,000 -3.0% $47 / Sq Ft
08/10/2024 08/10/24 Pending -- -- --
08/09/2024 08/09/24 For Sale $164,900 -- $48 / Sq Ft
Source: Indiana Regional MLS

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
2025 $2,138 $137,800 $20,900 $116,900
2024 $1,589 $93,500 $15,100 $78,400
2023 $1,589 $69,500 $4,800 $64,700
2022 $1,205 $53,600 $6,300 $47,300
2021 $1,178 $52,600 $7,500 $45,100
2020 $780 $35,200 $800 $34,400
2019 $758 $34,300 $800 $33,500
2018 $622 $28,800 $800 $28,000
2017 $625 $28,700 $1,400 $27,300
2016 $747 $34,400 $1,400 $33,000
2014 $487 $23,000 $1,600 $21,400
2013 $110 $4,900 $1,600 $3,300
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2024

    Rumbi Chakabva

    Coldwell Banker Real Estate Gr

    (260) 450-5796

    5 in this area

    129 Total Sales

    Rumbi Chakabva
    Section Image
  • Ahtway Freeda

    Buyer's Agent in 2024

    Ahtway Freeda

    Allure Realty LLC

    (260) 740-4986

    30 in this area

    161 Total Sales

    Ahtway Freeda
    Section Image
See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 202430258

Indiana Regional MLS

APN: 02-12-13-432-020.000-074

Indiana Allen County Fort Wayne 46806 Pettit-Rudisill

1625 E Rudisill Blvd, Fort Wayne, IN

Not Listed for Sale

MultiFamily

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 Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. 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.
Based on information submitted to the MLS GRID

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.