$105,000
SOLD MAY 4, 2020
3 Beds
2 Baths
1,492 Sq Ft
6,210 Sq Ft Lot

Recently Sold

$70 Per Sq Ft

4% Below List Price

12 Days on Market

Highlights

  • Ceramic Tile Flooring
  • Ceiling Fan
  • Level Lot

About This Home

As of August 2024

Have you been looking for your very own investment? Live on one level, and rent out the other! Or rent out both! Great 46805 location. Right across the street is the River Greenway, walking distance to downtown Fort Wayne with a city bus stop right down the street. Bottom Unit has two bedrooms , potentially three with one full bath, gas forced heat. Upper has 1 bedroom with additional rec space that could be used as a bedroom, rec room, play room with a full bath and is all electric.

Last Agent to Sell the Property

Andrea Gates

Coldwell Banker Real Estate Group

Coldwell Banker Real Estate Group

Last Buyer's Agent

Kira McKinley

McKinley Realty Partners, LLC.

McKinley Realty Partners, LLC.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,578

Year Built

  • Built in 1925

Lot Details

  • 6,210 Sq Ft Lot
  • Lot Dimensions are 45x138
  • Level Lot

Home Design

  • Duplex
  • Planned Development

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Carpet
  • Ceramic Tile
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 4 Parking Spaces
  • Off-Street Parking

Schools

  • Franke Park Elementary School
  • Lakeside Middle School
  • North Side High School

Utilities

  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electric, fuel, heating
  • The owner pays for water
  • Assessor Parcel Number 02-07-36-377-008.000-074

Community Details

Overview

  • 2 Units
  • Rissings Subdivision

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Insurance Expense $600
  • Water Sewer Expense $1,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,578

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1925
  • Age: 95
  • Style: Two Story
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Lot 34 Rissings Add
  • Parcel Number ID: 02-07-36-377-008.000-074
  • Platted: Yes
  • Amenities: Basement, Ceiling Fan, Off Street Parking, Near Walking Trail
  • Cross Street: Sallie Ave
  • Planned Unit Dev: Yes
  • Section Number: 36
  • Sp Lp Percent: 95.54
  • Monthly Gross Income: 1085
  • Year Taxes Payable: 2020
  • Special Features: None

Interior Features

  • Total Sq Ft: 2304
  • Total Finished Sq Ft: 1492
  • Above Grade Finished Sq Ft: 1492
  • Below Grade Sq Ft: 812
  • Price Per Sq Ft: 70.38
  • Basement: Yes
  • Basement Foundation: Full Basement, Unfinished
  • Flooring: Carpet, Ceramic Tile, Vinyl Tile
  • Total Below Grade Sq Ft: 812
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Aluminum
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 4

Utilities

  • Heating Fuel: Electricity, Gas
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 600
  • Annual Water Sewer Expense: 1200
  • Number Electric Meters: 2
  • Number Gas Meters: 1
  • Number Water Meters: 1

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 45x138
  • Estimated Lot Sq Ft: 6210
  • Estimated Lot Size Acres: 0.143
  • Lot Number: 34

Rental Info

  • Lease Term: Negotiable
  • Owner Pays: Water
  • Tenant Pays: Electric, Fuel, Heating

Multi Family

  • Gross Monthly Rent: 1085
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of1 Bedrooms: 1
  • Num Of2 Bedrooms: 1
  • Num Of Units Rented: 1

Tax Info

  • Annual Property Tax: 1578.24

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 19, 2024
Closed on
Aug 9, 2024
Sold by
King Sarah
Bought by
Mason Lauren
Seller's Agent
Jordan Wildman
eXp Realty, LLC
Buyer's Agent
Jordan Wildman
eXp Realty, LLC
List Price
$159,900
Sold Price
$170,000
Premium/Discount to List
$10,100
6.32%
Total Days on Market
12
Views
14
Current Estimated Value
$166,065

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,935
Avg. Annual Appreciation
-1.18%
Original Mortgage
$127,500
Outstanding Balance
$125,648
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$42,740

Purchase Details

Listed on
Dec 20, 2021
Closed on
Mar 23, 2022
Sold by
Hogan Jared T
Bought by
King Sarah
Seller's Agent
Andrew White
Capital Property Management, LLC
Buyer's Agent
Jordan Wildman
eXp Realty, LLC
List Price
$139,900
Sold Price
$130,000
Premium/Discount to List
-$9,900
-7.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.72%
Original Mortgage
$97,500
Interest Rate
3.69%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 11, 2020
Closed on
May 4, 2020
Sold by
Piazza Jeff A
Bought by
Hogan Jared T
Seller's Agent
Andrea Gates
Coldwell Banker Real Estate Group
Buyer's Agent
Kira McKinley
McKinley Realty Partners, LLC.
List Price
$109,900
Sold Price
$105,000
Premium/Discount to List
-$4,900
-4.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.24%
Original Mortgage
$103,098
Interest Rate
3.3%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 21, 2007
Sold by
Fannie Mae
Bought by
Piazza Jeff A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,490
Interest Rate
6.28%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 6, 2006
Sold by
Stefanek John D
Bought by
Federal National Mortgage Association

Map

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 Type Sale Price Title Company
Warranty Deed $170,000 None Listed On Document
Warranty Deed $130,000 Liberty Title & Escrow
Warranty Deed $105,000 Trademark Title Co
Special Warranty Deed -- None Available
Sheriffs Deed $72,868 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $127,500 New Conventional
Previous Owner $97,500 New Conventional
Previous Owner $103,098 FHA
Previous Owner $41,490 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2024 08/09/24 Sold $170,000 +6.3% $114 / Sq Ft
07/20/2024 07/20/24 For Sale $159,900 +23.0% $107 / Sq Ft
03/10/2022 03/10/22 Sold $130,000 -3.7% $87 / Sq Ft
02/13/2022 02/13/22 Pending -- -- --
02/08/2022 02/08/22 Price Changed $135,000 -3.5% $90 / Sq Ft
12/20/2021 12/20/21 For Sale $139,900 +33.2% $94 / Sq Ft
05/04/2020 05/04/20 Sold $105,000 -4.5% $70 / Sq Ft
03/23/2020 03/23/20 Pending -- -- --
03/11/2020 03/11/20 For Sale $109,900 -- $74 / 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
2024 $3,292 $160,600 $33,300 $127,300
2023 $3,292 $144,000 $25,000 $119,000
2022 $1,950 $144,100 $18,000 $126,100
2021 $1,503 $107,900 $11,700 $96,200
2020 $1,120 $82,000 $10,400 $71,600
2019 $1,587 $72,900 $9,500 $63,400
2018 $1,578 $72,000 $10,500 $61,500
2017 $1,327 $60,000 $9,800 $50,200
2016 $824 $37,800 $6,800 $31,000
2014 $813 $39,100 $8,500 $30,600
2013 $587 $28,300 $6,700 $21,600
Source: Public Records

Source: Indiana Regional MLS

MLS Number: 202009116

Indiana Regional MLS

APN: 02-07-36-377-008.000-074