NOT LISTED FOR SALE

1728 Vermont Ave Fort Wayne, IN 46805

North Anthony Neighborhood

Estimated Value: $116,000 - $152,243

2 Beds
2 Baths
1,012 Sq Ft
$138/Sq Ft Est. Value

Last Sold December 15, 2021

Last sale price $65,000 $64 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $860/month

2 Days on Market

Highlights

  • Corner Lot
  • Ceiling Fan
  • Carpet
  • Entrance Foyer
  • Baseboard Heating
  • 1-Story Property

About This Home

As of December 2021

Great investment property opportunity near Lake Side Park, Ivy Tech and Purdue Fort Wayne. Duplex A is ready to go, duplex B needs a remodel. Home is priced accordingly. Home is sold as is, owner will not make any repairs. You can not only get this investment property for a great deal, but you can make it your own and pick your own tenants. Seller also has a home available on 1728 Hillside.

Last Agent to Sell the Property

Laurie Hammond

Hammond Realty Group Listed on: 11/30/2021

Last Buyer's Agent

Mark Noneman

Noneman Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • Lot Dimensions are 44x70
  • Corner Lot

Home Design

  • Duplex
  • Poured Concrete
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Entrance Foyer
  • Carpet
  • Washer Hookup

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

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

Parking

  • 2 Parking Spaces
  • Driveway
  • Off-Street Parking

Additional Features

  • Suburban Location
  • Baseboard Heating

Listing and Financial Details

  • Homestead Exemption
  • Tenant pays for cable, cooling, electric, fuel, heating, sewer, snow removal, water
  • The owner pays for cooling, electric, heating, sewer, snow removal
  • Assessor Parcel Number 02-07-36-484-006.000-074

Community Details

Overview

  • 2 Units

Building Details

  • Electric Expense $1,000
  • Fuel Expense $1,200
  • Insurance Expense $700
  • Maintenance Expense $500
  • Trash Expense $180
  • Water Sewer Expense $460

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1920
  • Age: 101
  • Style: One Story
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: E 70' Lot 1 Blk 7 Forest Park Add
  • Parcel Number ID: 02-07-36-484-006.000-074
  • Platted: Yes
  • Amenities: Basement, Ceiling Fan, Off Street Parking, Foyer Entry, Washer Hook-Up
  • Location: City/Town/Suburb
  • Road Access: City
  • Road Surface: Asphalt
  • Sp Lp Percent: 100
  • Monthly Gross Income: 1200
  • Special Features: None

Interior Features

  • Total Sq Ft: 2024
  • Total Finished Sq Ft: 1012
  • Above Grade Finished Sq Ft: 1012
  • Below Grade Sq Ft: 1012
  • Price Per Sq Ft: 64.23
  • Basement: Yes
  • Basement Foundation: Full Basement, Unfinished
  • Basement Material: Poured Concrete
  • Flooring: Carpet
  • Main Level Sq Ft: 1012
  • Total Below Grade Sq Ft: 1012
  • Number Of Ranges Ovens: 1

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Stories: 1

Garage/Parking

  • Number Of Parking Spaces: 2

Utilities

  • Heating Fuel: Baseboard
  • Sewer: City
  • Water Utilities: Public
  • Water Company: Fort Wayne City Utilities
  • Annual Electric: 1000
  • Annual Fuel Expense: 1200
  • Annual Insurance Expense: 700
  • Annual Maintenance Expense: 500
  • Annual Trash Expense: 180
  • Annual Water Sewer Expense: 460
  • Number Of W D Hookups: 1

Schools

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

Lot Info

  • Lot Description: Corner
  • Lot Dimensions: 44X70
  • Lot Number: 1

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Cooling, Electric, Heating, Sewer, Snow Removal
  • Tenant Pays: Cable, Cooling, Electric, Fuel, Heating, Sewer, Snow Removal, Water

Tax Info

  • Exemptions: Homestead
  • Annual Property Tax: 1780

Multi Family

  • Gross Monthly Rent: 1200
  • Number Of Refrigerators: 1
  • Number Of Units: 2
  • Num Of1 Bedrooms: 1
  • Num Of2 Bedrooms: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 15, 2022
Sold by
Solid Rock Properties Llc
Bought by
Cresse Stephen T
Current Estimated Value
$139,311

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Outstanding Balance
$65,408
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
$73,903

Purchase Details

Listed on
Nov 30, 2021
Closed on
Feb 9, 2022
Sold by
Solid Rock Properties Llc
Bought by
Cresse Stephen T
Seller's Agent
Laurie Hammond
Hammond Realty Group
Buyer's Agent
Mark Noneman
Noneman Realty
List Price
$65,000
Sold Price
$65,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.54%
Original Mortgage
$75,000
Outstanding Balance
$65,408
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
$73,903

Purchase Details

Listed on
Nov 30, 2021
Closed on
Dec 21, 2021
Sold by
Rkg Financial Llc
Bought by
Solid Rock Properties Llc
Seller's Agent
Laurie Hammond
Hammond Realty Group
Buyer's Agent
Mark Noneman
Noneman Realty
List Price
$65,000
Sold Price
$65,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Outstanding Balance
$65,408
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
$73,903

Purchase Details

Listed on
Nov 30, 2021
Closed on
Dec 16, 2021
Sold by
Rkg Financial Llc
Bought by
Solid Rock Properties Llc
Seller's Agent
Laurie Hammond
Hammond Realty Group
Buyer's Agent
Mark Noneman
Noneman Realty
List Price
$65,000
Sold Price
$65,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 20, 2009
Sold by
Else Michael L and Else Tammy A
Bought by
Rkg Financial Llc

Purchase Details

Closed on
Aug 17, 2007
Sold by
Else Michael L and Else Tammy A
Bought by
Scherer Janiece

Purchase Details

Closed on
Apr 10, 2003
Sold by
Fansler Troy E
Bought by
Else Michael L and Else Tammy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,920
Interest Rate
10.17%
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
Cresse Stephen T -- Metropolitan Title
Cresse Stephen T -- Metropolitan Title
Solid Rock Properties Llc -- None Listed On Document
Solid Rock Properties Llc $65,000 None Available
Rkg Financial Llc -- Metropolitan Title Of In
Scherer Janiece -- Commonwealth-Dreibelbiss Tit
Else Michael L -- Metropolitan Title Indiana L
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cresse Stephen T $75,000
Closed Cresse Stephen T $75,000
Previous Owner Else Michael L $55,000
Previous Owner Else Michael L $50,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2021 12/15/21 Sold $65,000 0.0% $64 / Sq Ft
12/02/2021 12/02/21 Pending -- -- --
11/30/2021 11/30/21 For Sale $65,000 -- $64 / 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 $1,416 $102,600 $24,500 $78,100
2022 $1,571 $69,900 $20,100 $49,800
2021 $1,884 $84,100 $12,000 $72,100
2020 $1,794 $82,000 $12,500 $69,500
2019 $1,185 $54,400 $8,400 $46,000
2018 $1,214 $80,300 $13,000 $67,300
2017 $1,610 $72,800 $13,000 $59,800
2016 $1,392 $63,900 $13,000 $50,900
2014 $1,218 $58,600 $13,000 $45,600
2013 $1,162 $56,000 $12,500 $43,500
Source: Public Records

Agents Affiliated with this Home

  • Laurie Hammond

    Seller's Agent in 2021

    Laurie Hammond

    Hammond Realty Group

    (260) 403-5700

    1 in this area

    9 Total Sales

    Laurie Hammond
    Section Image
  • Mark Noneman

    Buyer's Agent in 2021

    Mark Noneman

    Noneman Realty

    (260) 452-8778

    1 in this area

    40 Total Sales

    Mark Noneman
    Section Image
See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 202149479

Indiana Regional MLS

APN: 02-07-36-484-006.000-074

Indiana Allen County Fort Wayne 46805 North Anthony

1728 Vermont Ave, Fort Wayne, IN

This home is located at 1728 Vermont Ave, Fort Wayne, IN 46805 since 30 November 2021 and is currently estimated at $139,311, approximately $137 per square foot. This property was built in 1920. 1728 Vermont Ave is a home located in Allen County with nearby schools including Forest Park 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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