NOT LISTED FOR SALE

1704 W Main St Fort Wayne, IN 46808

Nebraska Neighborhood
5 Beds
7 Baths
3,481 Sq Ft
6,299 Sq Ft Lot

Last Sold June 13, 2017

Last sale price $110,000 $32 Per Sq Ft

4 Days on Market

Highlights

  • Corner Lot
  • Hot Water Heating System
  • Carpet

About This Home

As of June 2017

Same owner for many years. Outstanding net profit of $28,256 per year. All 7 units are currently rented. Landlord is retiring. Tenants are month to month. Great downtown location! 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

  • $1,344

Year Built

  • Built in 1930

Lot Details

  • 6,299 Sq Ft Lot
  • Lot Dimensions are 45 x 150
  • Corner Lot

Parking

  • 2 Parking Spaces

Home Design

  • Asbestos Siding

Interior Spaces

  • 2-Story Property
  • Partially Finished Basement

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 7 Full Bathrooms

Utilities

  • Hot Water Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for cable
  • The owner pays for building insurance, heating, lawn maintenance, tax, water
  • Assessor Parcel Number 02-12-03-334-015.000-074

Community Details

Overview

  • 7 Units

Pet Policy

  • Pet Restriction

Building Details

  • Electric Expense $2,783
  • Fuel Expense $2,703
  • Insurance Expense $800
  • Water Sewer Expense $3,336

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,344

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Sevenplex
  • Year Built: 1930
  • Age: 87
  • Style: Two Story
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 5
  • Total Bathrooms: 7
  • Total Full Bathrooms: 7
  • Legal Description: Lot 36 W R Nelsons Add
  • Parcel Number ID: 02-12-03-334-015.000-074
  • Platted: Yes
  • Amenities: Basement
  • Cross Street: Watkins
  • Sp Lp Percent: 92.44
  • Monthly Gross Income: 2355
  • Special Features: None

Interior Features

  • Total Sq Ft: 5064
  • Total Finished Sq Ft: 3481
  • Above Grade Finished Sq Ft: 3481
  • Below Grade Sq Ft: 1583
  • Basement: Yes
  • Basement Foundation: Partial Basement
  • Flooring: Carpet, Vinyl
  • Total Below Grade Sq Ft: 1583
  • Number Of Ranges Ovens: 7

Exterior Features

  • Exterior: Asbestos
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 2

Utilities

  • Heating Fuel: Gas, Hot Water
  • Sewer: City
  • Water Utilities: City
  • Annual Electric: 2783
  • Annual Fuel Expense: 2703
  • Annual Insurance Expense: 800
  • Annual Water Sewer Expense: 3336

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • School District: Fort Wayne Community
  • Elementary School: Nebraska
  • Middle School: Portage
  • High School: Wayne

Lot Info

  • Lot Description: Corner
  • Lot Dimensions: 45 x 150
  • Estimated Lot Sq Ft: 6299
  • Estimated Lot Size Acres: 0.1446
  • Lot Number: 36
  • Zoning: R3 - Multiple Family Residential

Rental Info

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

Multi Family

  • Gross Monthly Rent: 3266
  • Number Of Refrigerators: 7
  • Number Of Units: 7
  • Num Of1 Bedrooms: 3
  • Num Of2 Bedrooms: 2
  • Num Of Efficiencies: 2
  • Num Of Units Rented: 7

Tax Info

  • Annual Property Tax: 1344

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2017 06/13/17 Sold $110,000 -7.6% $32 / Sq Ft
04/30/2017 04/30/17 Pending -- -- --
04/26/2017 04/26/17 For Sale $119,000 -- $34 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

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

    126 Total Sales

    Rick Widmann
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 201717788

Indiana Regional MLS

APN: 02-12-03-334-015.000-074

Indiana Allen County Fort Wayne 46808 Nebraska

1704 W Main St, Fort Wayne, IN

This home is located at 1704 W Main St, Fort Wayne, IN 46808 since 26 April 2017. This property was built in 1930. 1704 W Main St is a home located in Allen County with nearby schools including Washington Elementary School, Portage Middle School, and Wayne 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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