NOT LISTED FOR SALE

Estimated Value: $171,000 - $192,000

4 Beds
2 Baths
2,196 Sq Ft
$83/Sq Ft Est. Value

Last Sold June 13, 2016

Last sale price $74,400 $34 Per Sq Ft

Est. 144% increase in value since last sale

Current estimated payment $1,108/month

15 Days on Market

Highlights

  • Forced Air Heating System
  • Level Lot
  • Carpet

About This Home

As of June 2016

Fantastic duplex rental! Great investment property. This duplex is a large home that is split right down the middle making each side a mirror of the other. Each unit offers a 14x14 living room, 10x16 dining room and 9 x 14 kitchen. There are 2 bedrooms measuring 14x14 and 11x13. There is also a full bath in each unit as well as a full basement with laundry area. Clean duplex with nice neutral colors and nice carpet and vinyl. Kitchen has refrigerator, range, dishwasher and disposal. Units have all utility's on separate meters Don't miss out on this great rental property!

Last Agent to Sell the Property

Brad Minear

Minear Real Estate Listed on: 04/29/2016

Last Buyer's Agent

Bill Willcutts

Re/Max Ability Plus

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $671

Year Built

  • Built in 1925

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 72x57
  • Level Lot

Home Design

  • Duplex
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Basement

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

Schools

  • Bloomingdale Elementary School
  • Lakeside Middle School
  • North Side High School

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for cable, cooling, electric, fuel, sewer
  • The owner pays for building insurance, lawn maintenance, maintenance, tax
  • Assessor Parcel Number 02-07-35-352-002.000-074

Community Details

Overview

  • 2 Units

Building Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$671

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1925
  • Age: 91
  • Style: Two Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: W 18 OF S 50 OF LOT 97 & S 58 EX E 5 OF N 8 OF LOT 98 BECKS 3RD ADD |
  • Parcel Number ID: 02-07-35-352-002.000-074
  • Platted: Yes
  • Amenities: Basement
  • Sp Lp Percent: 99.33
  • Monthly Gross Income: 950
  • Year Taxes Payable: 2015
  • Special Features: None

Interior Features

  • Total Sq Ft: 3294
  • Total Finished Sq Ft: 2196
  • Above Grade Finished Sq Ft: 2196
  • Below Grade Sq Ft: 1098
  • Price Per Sq Ft: 33.88
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Flooring: Carpet, Vinyl
  • Total Below Grade Sq Ft: 1098
  • Number Of Disposals: 2
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Vinyl
  • Stories: 2

Utilities

  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 1000
  • Annual Maintenance Expense: 1000
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Of W D Hookups: 2
  • Number Water Meters: 2

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 72x57
  • Estimated Lot Sq Ft: 3920
  • Estimated Lot Size Acres: 0.09

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Building Insurance, Lawn Maintenance, Maintenance, Tax
  • Tenant Pays: Cable, Cooling, Electric, Fuel, Sewer

Multi Family

  • Gross Monthly Rent: 950
  • Number Of Dishwashers: 2
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 1

Tax Info

  • Annual Property Tax: 671.28

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
Apr 29, 2016
Closed on
Jun 13, 2016
Sold by
Pine Michael D and Pine Julie L
Bought by
Corcoran Conor J and Corcoran Wendy F
Seller's Agent
Brad Minear
Minear Real Estate
Buyer's Agent
Bill Willcutts
Re/Max Ability Plus
List Price
$74,900
Sold Price
$74,400
Premium/Discount to List
-$500
-0.67%
Current Estimated Value
$181,615

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,215
Avg. Annual Appreciation
8.47%
Source: Public Records

Range of Values:

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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
Corcoran Conor J -- Metropolitan Title Of Indian
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Corcoran Conor J $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2016 06/13/16 Sold $74,400 -0.7% $34 / Sq Ft
05/14/2016 05/14/16 Pending -- -- --
04/29/2016 04/29/16 For Sale $74,900 -- $34 / 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 $1,256 $146,600 $12,400 $134,200
2023 $1,256 $94,500 $12,400 $82,100
2022 $871 $63,000 $6,400 $56,600
2021 $844 $60,300 $6,400 $53,900
2020 $836 $60,300 $6,400 $53,900
2019 $1,421 $99,500 $6,400 $93,100
2018 $1,277 $88,900 $6,400 $82,500
2017 $1,054 $72,700 $6,400 $66,300
2016 $586 $40,000 $2,000 $38,000
2014 $671 $32,300 $2,100 $30,200
2013 $872 $42,000 $7,500 $34,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201618732

Indiana Regional MLS

APN: 02-07-35-352-002.000-074