NOT LISTED FOR SALE

1653 N Wells St Fort Wayne, IN 46808

Bloomingdale Neighborhood

Estimated Value: $125,000 - $150,000

2 Beds
2 Baths
1,302 Sq Ft
$105/Sq Ft Est. Value

Last Sold December 03, 2021

Last sale price $70,000 $54 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $866/month

3 Days on Market

Highlights

  • Ceiling height of 9 feet or more
  • Forced Air Heating System
  • Level Lot

About This Home

As of December 2021

DUPLEX IN THE WELLS CORRIDOR!! Well built home. Two one bedroom units both in great shape! The back unit was just fully remodeled with a new kitchen, paint, and flooring! These apartments are well laid out, with a great amount of rear parking. A value-dd potential would be to pass on utility expenses to the tenants, professional property management in place and can be continued

Last Agent to Sell the Property

Jordan Wildman

eXp Realty, LLC Listed on: 10/30/2021

eXp Realty, LLC

Last Buyer's Agent

Jordan Wildman

eXp Realty, LLC Listed on: 10/30/2021

eXp Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $917

Year Built

  • Built in 1900

Lot Details

  • 3,751 Sq Ft Lot
  • Lot Dimensions are 25x150
  • Level Lot

Parking

  • 3 Parking Spaces

Home Design

  • Duplex
  • Shingle Roof

Interior Spaces

  • 1.5-Story Property
  • Ceiling height of 9 feet or more
  • Partially Finished Basement
  • Crawl Space
  • Laundry in Kitchen

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • The owner pays for cooling, electric, fuel, heating, lawn maintenance, maintenance, sewer, tax, trash collection, water
  • Assessor Parcel Number 02-07-35-383-014.000-074

Community Details

Overview

  • 2 Units

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $1,200
  • Fuel Expense $1,200
  • Water Sewer Expense $1,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$917

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1900
  • Age: 121
  • Style: One and Half Story
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: S 25FT LOT 56 HUFFMANS ADD
  • Parcel Number ID: 02-07-35-383-014.000-074
  • Platted: Yes
  • Amenities: Basement, Ceiling-9+
  • Sp Lp Percent: 87.61
  • Monthly Gross Income: 500
  • Special Features: None

Interior Features

  • Total Sq Ft: 1802
  • Total Finished Sq Ft: 1302
  • Above Grade Finished Sq Ft: 1302
  • Above Grade Unfinished Sq Ft: 400
  • Below Grade Sq Ft: 100
  • Price Per Sq Ft: 53.76
  • Basement: Yes
  • Basement Foundation: Crawl, Partial Basement
  • Flooring: Mixed
  • Total Below Grade Sq Ft: 100
  • Number Of Ranges Ovens: 2
  • Number Ttl Rooms Below Grade: 1

Exterior Features

  • Exterior: Aluminum
  • Roof Material: Shingle
  • Stories: 1.5

Garage/Parking

  • Number Of Parking Spaces: 3

Utilities

  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Electric: 1200
  • Annual Fuel Expense: 1200
  • Annual Water Sewer Expense: 1200
  • 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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 25x150
  • Estimated Lot Sq Ft: 3751
  • Estimated Lot Size Acres: 0.0861
  • Lot Number: 56

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Cooling, Electric, Fuel, Heating, Lawn Maintenance, Maintenance, Sewer, Tax, Trash Collection, Water

Multi Family

  • Gross Monthly Rent: 500
  • Number Of Dryers: 1
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Number Of Washers: 1
  • Num Of1 Bedrooms: 2
  • Num Of Units Rented: 1

Tax Info

  • Annual Property Tax: 917

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2021
Closed on
Dec 3, 2021
Sold by
Atc Properties Llc
Bought by
Boismier Daniel
Seller's Agent
Jordan Wildman
eXp Realty, LLC
Buyer's Agent
Jordan Wildman
eXp Realty, LLC
List Price
$79,900
Sold Price
$70,000
Premium/Discount to List
-$9,900
-12.39%
Current Estimated Value
$131,276

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,276
Avg. Annual Appreciation
17.52%
Original Mortgage
$7,000
Interest Rate
3.12%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Oct 17, 2019
Closed on
Nov 12, 2019
Sold by
Ace Properties & Investments Llc
Bought by
Atc Properties Llc
Seller's Agent
Sara Arevalo
CENTURY 21 Bradley Realty, Inc
Buyer's Agent
Christopher Wolf
CENTURY 21 Bradley Realty, Inc
List Price
$36,900
Sold Price
$30,000
Premium/Discount to List
-$6,900
-18.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
50.88%

Purchase Details

Listed on
Oct 17, 2019
Closed on
Oct 1, 2019
Sold by
Lerch Judy D
Bought by
Ace Properties Investments Llc
Seller's Agent
Sara Arevalo
CENTURY 21 Bradley Realty, Inc
Buyer's Agent
Christopher Wolf
CENTURY 21 Bradley Realty, Inc
List Price
$36,900
Sold Price
$30,000
Premium/Discount to List
-$6,900
-18.7%

Purchase Details

Closed on
Jul 22, 2010
Sold by
Lerch Judy D
Bought by
Lerch Judy D

Purchase Details

Closed on
Nov 26, 2004
Sold by
Vetrecht Clifford J
Bought by
Lerch Larry C
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
Boismier Daniel $70,000 None Available
Atc Properties Llc $30,000 Centurion Land Title Inc
Ace Properties Investments Llc $22,000 Centurion Land Title Inc
Lerch Judy D -- None Available
Lerch Larry C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Boismier Daniel $7,000
Open Boismier Daniel $52,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/03/2021 12/03/21 Sold $70,000 -12.4% $54 / Sq Ft
10/30/2021 10/30/21 For Sale $79,900 +166.3% $61 / Sq Ft
11/12/2019 11/12/19 Sold $30,000 -9.1% $23 / Sq Ft
11/04/2019 11/04/19 Pending -- -- --
11/03/2019 11/03/19 Price Changed $33,000 -2.7% $25 / Sq Ft
11/03/2019 11/03/19 Price Changed $33,900 -2.9% $26 / Sq Ft
10/31/2019 10/31/19 Price Changed $34,900 -5.4% $27 / Sq Ft
10/17/2019 10/17/19 For Sale $36,900 -- $28 / 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 $1,765 $101,700 $9,700 $92,000
2023 $1,765 $77,200 $9,700 $67,500
2022 $1,476 $66,000 $9,700 $56,300
2021 $949 $42,700 $5,000 $37,700
2020 $917 $41,900 $5,000 $36,900
2019 $882 $40,500 $5,000 $35,500
2018 $601 $27,400 $3,800 $23,600
2017 $500 $22,600 $2,300 $20,300
2016 $582 $26,700 $3,000 $23,700
2014 $574 $27,600 $3,400 $24,200
2013 $480 $23,100 $2,800 $20,300
Source: Public Records

Agents Affiliated with this Home

  • Jordan Wildman

    Seller's Agent in 2021

    Jordan Wildman

    eXp Realty, LLC

    (260) 498-0384

    10 in this area

    235 Total Sales

    Section Image
  • Sara Arevalo

    Seller's Agent in 2019

    Sara Arevalo

    CENTURY 21 Bradley Realty, Inc

    (260) 580-9336

    4 in this area

    68 Total Sales

    Section Image

  • A

    Seller Co-Listing Agent in 2019

    Adam Gerig

    CENTURY 21 Bradley Realty, Inc

    (260) 399-1177

    45 Total Sales

    Section Image

  • C

    Buyer's Agent in 2019

    Christopher Wolf

    CENTURY 21 Bradley Realty, Inc

    (260) 740-9283

    56 Total Sales

    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202145697

Indiana Regional MLS

APN: 02-07-35-383-014.000-074

Indiana Allen County Fort Wayne 46808 Bloomingdale

1653 N Wells St, Fort Wayne, IN

This home is located at 1653 N Wells St, Fort Wayne, IN 46808 since 30 October 2021 and is currently estimated at $136,725, approximately $105 per square foot. This property was built in 1900. 1653 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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