$135,000
UNDER CONTRACT $15K PRICE DROP

Estimated payment $1,006/month

Total Views 8,207
4 Beds
2 Baths
1,662 Sq Ft
$81 Price per Sq Ft

Highlights

  • Covered Patio or Porch
  • Forced Air Heating System
  • Hot Water Heating System
  • 3 Car Attached Garage
  • Ceiling Fan
  • Level Lot

About This Home

This fully occupied duplex offers a reliable income. The main unit features 3 bedrooms and 1 bath, while the secondary 1-bedroom, 1-bath mother-in-law suite provides additional rental potential. Both units are leased to long-term tenants (20+ years), with each responsible for their own electric and gas, while the owner covers water and trash—ensuring straightforward management. Garages accessible from the alley offer secure storage or parking options, adding value and appeal. Ideally located just minutes from Downtown Fort Wayne, Lakeside Park, and premier dining and shopping, this property is a prime addition to any portfolio!

Listing Agent

Jordan Wildman

eXp Realty, LLC Brokerage Phone: 260-498-0384 Listed on: 08/11/2025

eXp Realty, LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925

Lot Details

  • 3,869 Sq Ft Lot
  • Lot Dimensions are 53x73
  • Level Lot

Home Design

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

Interior Spaces

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

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 3 Car Attached Garage
  • Gravel Driveway
  • Off-Street Parking

Schools

  • Forest Park Elementary School
  • Northwood Middle School
  • North Side High School

Utilities

  • Window Unit Cooling System
  • Multiple Heating Units
  • Forced Air Heating System
  • Hot Water Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Additional Features

  • Covered Patio or Porch
  • Suburban Location

Listing and Financial Details

  • The owner pays for building insurance, maintenance, tax, trash collection, water
  • Assessor Parcel Number 02-07-36-380-008.000-074
  • Seller Concessions Not Offered

Community Details

Overview

  • 2 Units
  • North Side / Northside Subdivision

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,500
  • Maintenance Expense $1,000
  • Water Sewer Expense $1,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1925
  • Age: 100
  • Style: Two Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: S 55FT LOT 4 LANTZ ADD S 50 EX E 6FT LOT 5 LANTZ ADD
  • Parcel Number ID: 02-07-36-380-008.000-074
  • Platted: Yes
  • Amenities: Basement, Ceiling Fan, Off Street Parking, Patio Covered, Water Heater Gas, Washer Hook-Up
  • Location: City/Town/Suburb
  • Monthly Gross Income: 1175
  • Year Taxes Payable: 2025
  • Special Features: UnderContract

Interior Features

  • Total Sq Ft: 2702
  • Total Finished Sq Ft: 1662
  • Above Grade Finished Sq Ft: 1662
  • Below Grade Sq Ft: 1040
  • Price Per Sq Ft: 81.23
  • Basement: Yes
  • Basement Foundation: Full Basement, Unfinished
  • Basement Material: Poured Concrete
  • Flooring: Carpet
  • Main Level Sq Ft: 1046
  • Total Below Grade Sq Ft: 1040
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt, Shingle
  • Stories: 2

Garage/Parking

  • Driveway: Gravel
  • Number Of Parking Spaces: 3
  • Parking: Garage, Off Street

Utilities

  • Cooling: Window
  • Heating Fuel: Gas, Forced Air, Hot Water, Multiple Heating Systems
  • Sewer: City
  • Water Utilities: City
  • Electric Company: AEP/I&M
  • Gas Company: NIPSCO
  • Water Company: Fort Wayne City Utilities
  • Annual Insurance Expense: 1500
  • Annual Maintenance Expense: 1000
  • Annual Water Sewer Expense: 1000
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Of W D Hookups: 2
  • Number Water Meters: 1

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 53X73
  • Estimated Lot Sq Ft: 3869
  • Estimated Lot Size Acres: 0.09
  • Lot Number: 45

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Building Insurance, Maintenance, Tax, Trash Collection, Water
  • Tenant Pays: Electric, Fuel, Lawn Maintenance

Multi Family

  • Gross Monthly Rent: 1175
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of1 Bedrooms: 1
  • Number Of 3 Bedrooms: 1
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 3859.12

MLS Schools

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

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $3,493 $168,800 $27,100 $141,700
2022 $1,926 $85,700 $8,100 $77,600
2021 $1,884 $84,100 $7,500 $76,600
2020 $1,794 $82,000 $7,900 $74,100
2019 $1,243 $57,100 $7,500 $49,600
2018 $1,032 $47,100 $7,500 $39,600
2017 $1,042 $47,100 $7,500 $39,600
2016 $824 $37,800 $5,200 $32,600
2014 $908 $43,700 $8,100 $35,600
2013 $1,077 $51,900 $10,500 $41,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2025 09/15/25 Price Changed $135,000 -3.5% $81 / Sq Ft
08/20/2025 08/20/25 Price Changed $139,900 -6.7% $84 / Sq Ft
08/13/2025 08/13/25 For Sale $149,900 +66.6% $90 / Sq Ft
11/05/2021 11/05/21 Sold $90,000 -18.1% $54 / Sq Ft
10/03/2021 10/03/21 Pending -- -- --
09/08/2021 09/08/21 Price Changed $109,900 -8.3% $66 / Sq Ft
08/31/2021 08/31/21 For Sale $119,900 -- $72 / Sq Ft
Source: Indiana Regional MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Meridian Title
Warranty Deed -- Meridian Title
Warranty Deed -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $90,000 New Conventional
Closed $90,000 New Conventional
Previous Owner $0 Seller Take Back
Source: Public Records

Source: Indiana Regional MLS

MLS Number: 202531789

Indiana Regional MLS

APN: 02-07-36-380-008.000-074