$55,000
SOLD SEP 28, 2017
3 Beds
2 Baths
1,498 Sq Ft
6,299 Sq Ft Lot

Recently Sold

$37 Per Sq Ft

21% Below List Price

61 Days on Market

Highlights

  • Walk-In Pantry
  • Balcony
  • Enclosed Patio or Porch
  • Fenced Yard
  • 2 Car Detached Garage
  • Ceramic Tile Flooring

About This Home

As of July 2020

Fantastic ROI Opportunity! Live in one unit while the other unit pays for your mortgage OR rent both units for some sweet cash flow. This duplex is conveniently located near St Francis and the Wells Street Corridor. Main floor unit features 2 bedrooms, 1 full bath, basement w/ laundry. Upper unit is 1 bedroom, 1 bath apartment perfect for a college student. Tons of updates including newer heater and some replacement windows. Spacious detached garage. All appliances stay including washer & dryer. Two bedroom units in the area are renting for $600-$650 and one bedrooms for $500-$550.

Last Agent to Sell the Property

David Brough

Anthony REALTORS Listed on: 07/17/2017

Last Buyer's Agent

Jeff Holtsclaw

CENTURY 21 Bradley Realty, Inc

CENTURY 21 Bradley Realty, Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,031

Year Built

  • Built in 1910

Lot Details

  • 6,299 Sq Ft Lot
  • Lot Dimensions are 45 x140
  • Fenced Yard
  • Level Lot

Home Design

  • Duplex
  • Shingle Roof
  • Asphalt Roof
  • Cedar

Interior Spaces

  • 1.5-Story Property
  • Storage In Attic
  • Walk-In Pantry

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Basement

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

Parking

  • 2 Car Detached Garage
  • Off-Street Parking

Outdoor Features

  • Balcony
  • Enclosed Patio or Porch

Location

  • Suburban Location

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Homestead Exemption
  • Tenant pays for cable
  • The owner pays for cable, electric, heating, snow removal, tax, trash collection, water
  • Assessor Parcel Number 02-12-03-130-011.000-074

Community Details

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Water Meter
  • Electric Expense $2,300
  • Water Sewer Expense $748

Additional Features

  • 2 Units
  • Community Storage Space

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,031

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1910
  • Age: 107
  • Style: Two Story
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: LOT 11 BLOCK 7 RUMSEYS SUBDIVISION
  • Parcel Number ID: 02-12-03-130-011.000-074
  • Platted: Yes
  • Amenities: Basement, Fenced Yard, Off Street Parking, Storage, Attic Storage, Balcony, Cable Available, Cable Ready, Pantry-Walk In, Porch Enclosed, Water Heater Electric, Sump Pump
  • Location: City/Town/Suburb
  • Sp Lp Percent: 88.85
  • Special Features: None

Interior Features

  • Total Sq Ft: 2310
  • Total Finished Sq Ft: 1498
  • Above Grade Finished Sq Ft: 1498
  • Below Grade Sq Ft: 812
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Flooring: Carpet, Ceramic Tile, Laminate, Tile, Vinyl
  • Total Below Grade Sq Ft: 812
  • Number Of Ranges Ovens: 1
  • Number Ttl Rooms Below Grade: 1

Exterior Features

  • Exterior: Cedar
  • Roof Material: Asphalt, Shingle
  • Stories: 1.5

Garage/Parking

  • Number Of Parking Spaces: 3
  • Parking: Off Street

Utilities

  • Cooling: Window
  • Heating Fuel: Electricity, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: AEP/I&M
  • Water Company: Fort Wayne City Utilities
  • Annual Electric: 2300
  • Annual Water Sewer Expense: 748
  • Number Electric Meters: 1
  • Number Of W D Hookups: 1
  • Number Water Meters: 1

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 45 x140
  • Estimated Lot Sq Ft: 6299
  • Estimated Lot Size Acres: 0.1446
  • Lot Number: 11

Rental Info

  • Lease Term: Negotiable
  • Owner Pays: Cable, Electric, Heating, Snow Removal, Tax, Trash Collection, Water
  • Tenant Pays: Cable

Tax Info

  • Total Assessed Value: 69900
  • Exemptions: Homestead
  • Annual Property Tax: 1030.8

Multi Family

  • Number Of Dryers: 1
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Number Of Washers: 1
  • Num Of1 Bedrooms: 1
  • Num Of2 Bedrooms: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2020
Closed on
Jul 17, 2020
Sold by
Patd Llc
Bought by
Smith Sarah
Seller's Agent
Sara Arevalo
CENTURY 21 Bradley Realty, Inc
Buyer's Agent
Patty Tritch
RE/MAX Results
List Price
$89,900
Sold Price
$72,000
Premium/Discount to List
-$17,900
-19.91%
Current Estimated Value
$138,165

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,165
Avg. Annual Appreciation
13.22%
Original Mortgage
$54,000
Outstanding Balance
$47,884
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$90,281

Purchase Details

Listed on
May 5, 2020
Closed on
Jul 1, 2020
Sold by
Patd Llc
Bought by
Smith Sarah
Seller's Agent
Sara Arevalo
CENTURY 21 Bradley Realty, Inc
Buyer's Agent
Patty Tritch
RE/MAX Results
List Price
$89,900
Sold Price
$72,000
Premium/Discount to List
-$17,900
-19.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,000
Outstanding Balance
$47,884
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$90,281

Purchase Details

Closed on
Mar 20, 2019
Sold by
Patd Inc
Bought by
Patd Llc

Purchase Details

Closed on
Dec 13, 2018
Sold by
Patd Llc
Bought by
Patd Inc

Purchase Details

Listed on
Jul 17, 2017
Closed on
Sep 28, 2017
Sold by
Tun David Thein and Tun Brian N
Bought by
Patd Llc
Seller's Agent
David Brough
Anthony REALTORS
Buyer's Agent
Jeff Holtsclaw
CENTURY 21 Bradley Realty, Inc
List Price
$69,900
Sold Price
$55,000
Premium/Discount to List
-$14,900
-21.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.19%

Purchase Details

Closed on
Dec 13, 2008
Sold by
Mulder Paul Wayne and Mulder Mary Jane
Bought by
Tun David Thein
Source: Public Records

Range of Values:

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Average Value
Not Available
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 -- None Listed On Document
Warranty Deed $72,000 Metropolitan Title Of Indiana
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Warranty Deed $55,000 Metropolitan Title Of In
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $54,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/02/2021 02/02/21 Rented $750 0.0% --
01/20/2021 01/20/21 For Rent $750 0.0% --
07/02/2020 07/02/20 Sold $72,000 -19.9% $45 / Sq Ft
06/02/2020 06/02/20 Pending -- -- --
05/05/2020 05/05/20 For Sale $89,900 +63.5% $56 / Sq Ft
09/28/2017 09/28/17 Sold $55,000 -21.3% $37 / Sq Ft
09/16/2017 09/16/17 Pending -- -- --
07/17/2017 07/17/17 For Sale $69,900 -- $47 / 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 $2,360 $127,500 $17,900 $109,600
2022 $2,344 $104,300 $17,900 $86,400
2021 $2,307 $103,000 $9,000 $94,000
2020 $1,856 $84,800 $9,000 $75,800
2019 $1,712 $78,600 $9,000 $69,600
2018 $1,708 $77,900 $9,000 $68,900
2017 $1,074 $76,800 $9,000 $67,800
2016 $1,031 $74,500 $9,000 $65,500
2014 $823 $62,500 $9,300 $53,200
2013 $823 $63,000 $9,300 $53,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201732707

Indiana Regional MLS

APN: 02-12-03-130-011.000-074