NOT LISTED FOR SALE

Estimated Value: $115,000 - $170,000

4 Beds
2 Baths
1,792 Sq Ft
$75/Sq Ft Est. Value

Last Sold November 30, 2020

Last sale price $87,000 $49 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $899/month

7 Days on Market

Highlights

  • Forced Air Heating System
  • Level Lot
  • Carpet
  • Ceiling Fan

About This Home

As of November 2020

Fully rented duplex, 2 bed, 1 bath each, separate entrances, close to downtown, Promenade Park, Glenbrook Mall. Both units have upgraded kitchen and baths, 2 car detached garage, plenty off street off the alley and street parking as well.Lower unit is on month to month, upper unit lease signed a one year lease just over a month ago. Lower unit has access to a full basement with washer and dryer hook up and plenty of storage. Property owner pays water, tenants pay gas and electric. 2 separate high efficiency furnaces. Both units could easily rent for $600 plus. Inspections welcome but selling property "as-is". Duplex is under property management. Very well maintained and cash flowing duplex !

Last Agent to Sell the Property

Rumbi Chakabva

Coldwell Banker Real Estate Group Listed on: 10/13/2020

Coldwell Banker Real Estate Group

Last Buyer's Agent

Rumbi Chakabva

Coldwell Banker Real Estate Group Listed on: 10/13/2020

Coldwell Banker Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,040

Year Built

  • Built in 1920

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 45x140
  • Level Lot

Home Design

  • Duplex
  • Vinyl Construction Material

Interior Spaces

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

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 5 Parking Spaces
  • Off-Street Parking

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for cable, electric, fuel
  • The owner pays for sewer, water
  • Assessor Parcel Number 02-12-03-177-012.000-074

Community Details

Overview

  • 2 Units

Pet Policy

  • Pet Restriction

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1
  • Fuel Expense $1
  • Insurance Expense $1
  • Maintenance Expense $1
  • Trash Expense $1
  • Water Sewer Expense $827

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,040

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1920
  • Age: 100
  • Style: Two Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Lot 12 Rockhill Heirs Add Blk 15
  • Parcel Number ID: 02-12-03-177-012.000-074
  • Platted: Yes
  • Amenities: Basement, Ceiling Fan, Off Street Parking
  • Sp Lp Percent: 94.05
  • Annual Miscellaneous: 1
  • Monthly Gross Income: 1100
  • Special Features: None

Interior Features

  • Total Sq Ft: 2688
  • Total Finished Sq Ft: 1792
  • Above Grade Finished Sq Ft: 1792
  • Below Grade Sq Ft: 896
  • Price Per Sq Ft: 48.55
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Flooring: Carpet, Vinyl
  • Total Below Grade Sq Ft: 896
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Vinyl
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 5

Utilities

  • Cooling: Window
  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Electric: 1
  • Annual Fuel Expense: 1
  • Annual Insurance Expense: 1
  • Annual Maintenance Expense: 1
  • Annual Trash Expense: 1
  • Annual Water Sewer Expense: 827
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Of W D Hookups: 2
  • Number Water Meters: 1

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 45x140
  • Estimated Lot Sq Ft: 6534
  • Estimated Lot Size Acres: 0.15

Rental Info

  • Lease Term: 1 Year, Month to Month
  • Owner Pays: Sewer, Water
  • Tenant Pays: Cable, Electric, Fuel

Multi Family

  • Gross Monthly Rent: 1100
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 1040

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 13, 2022
Sold by
Joseph Caparas Robert and Salvado Jackylin
Bought by
Jc Summit Ventures Llc
Current Estimated Value
$134,392

Purchase Details

Listed on
Oct 13, 2020
Closed on
Nov 25, 2020
Sold by
Watkins Brian A
Bought by
Caparas Robert J and Caparas Jackylin S
Seller's Agent
Rumbi Chakabva
Coldwell Banker Real Estate Group
Buyer's Agent
Rumbi Chakabva
Coldwell Banker Real Estate Group
List Price
$92,500
Sold Price
$87,000
Premium/Discount to List
-$5,500
-5.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.61%
Original Mortgage
$65,250
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 20, 2016
Closed on
May 6, 2016
Sold by
Snyder Sarah
Bought by
Watkins Brian A
Seller's Agent
Jennifer Camperman-Bradford
American Dream Team Real Estate Brokers
Buyer's Agent
Otaimond McFarthing
Coldwell Banker Real Estate Gr
List Price
$69,900
Sold Price
$64,500
Premium/Discount to List
-$5,400
-7.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.77%
Original Mortgage
$48,375
Interest Rate
3.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 27, 2009
Sold by
Lee Richard D and Van Gorder Debra A
Bought by
Snyder Sarah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,974
Interest Rate
5.11%
Mortgage Type
FHA
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
Jc Summit Ventures Llc -- Christoff Joseph A
Caparas Robert J -- None Available
Watkins Brian A -- None Available
Snyder Sarah -- Meridian Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Caparas Robert J $65,250
Previous Owner Watkins Brian A $48,375
Previous Owner Snyder Sarah $3,700
Previous Owner Snyder Sarah $41,974
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2020 11/30/20 Sold $87,000 -5.9% $49 / Sq Ft
10/20/2020 10/20/20 Pending -- -- --
10/13/2020 10/13/20 For Sale $92,500 +43.4% $52 / Sq Ft
05/06/2016 05/06/16 Sold $64,500 -7.7% $36 / Sq Ft
03/07/2016 03/07/16 Pending -- -- --
02/20/2016 02/20/16 For Sale $69,900 -- $39 / 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 $2,021 $85,700 $5,900 $79,800
2022 $1,937 $86,200 $7,200 $79,000
2021 $1,928 $86,100 $7,800 $78,300
2020 $1,365 $62,400 $6,300 $56,100
2019 $1,041 $47,800 $5,600 $42,200
2018 $1,201 $54,800 $6,500 $48,300
2017 $1,009 $45,600 $5,500 $40,100
2016 $578 $54,900 $9,300 $45,600
2014 $558 $28,700 $4,300 $24,400
2013 $553 $54,900 $9,300 $45,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202041449

Indiana Regional MLS

APN: 02-12-03-177-012.000-074