NOT LISTED FOR SALE

Estimated Value: $161,000 - $205,000

4 Beds
2 Baths
1,856 Sq Ft
$97/Sq Ft Est. Value

Last Sold August 01, 2017

Last sale price $87,000 $47 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $1,256/month

6 Days on Market

Highlights

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

About This Home

As of August 2017

This is a remodeled 2 story duplex. Both top and bottom are 2 bedroom units. Both units have beautiful kitchens and good size room. Both units have full size washer and dryers. No pets have ever been n the home since it has been remodeled. Lower tenant is a long term tenant that is on month to month. New HVAC install 2014. Owner pays water and lawn maintenance. Upper tenant lease is up 09/30/2017. Both are great tenants with good history!

Last Agent to Sell the Property

Lynn Generette-Haffner

CENTURY 21 Bradley Realty, Inc Listed on: 07/07/2017

CENTURY 21 Bradley Realty, Inc

Last Buyer's Agent

Tim Haber

CENTURY 21 Bradley Realty, Inc

CENTURY 21 Bradley Realty, Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,656

Year Built

  • Built in 1925

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 29 x 150
  • Level Lot

Home Design

  • Duplex
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Ceiling Fan

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Parking

  • 4 Parking Spaces
  • Off-Street Parking

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for cooling, electric, heating
  • The owner pays for sewer, water
  • Assessor Parcel Number 02-07-36-405-007.000-074

Community Details

Overview

  • 2 Units

Pet Policy

  • Pet Restriction

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $700
  • Water Sewer Expense $900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,656

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1925
  • Age: 92
  • Style: Two Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: S 15' LOT 15 & N 14' LOT 14 BLOCK 28 FOREST PARK ADDITION
  • Parcel Number ID: 02-07-36-405-007.000-074
  • Platted: Yes
  • Amenities: Basement, Ceiling Fan, Off Street Parking
  • Cross Street: East State
  • Sp Lp Percent: 92.55
  • Monthly Gross Income: 1250
  • Special Features: None

Interior Features

  • Total Sq Ft: 2736
  • Total Finished Sq Ft: 1856
  • Above Grade Finished Sq Ft: 1856
  • Below Grade Sq Ft: 880
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Basement Material: Block
  • Flooring: Carpet, Laminate
  • Total Below Grade Sq Ft: 880
  • Number Of Ranges Ovens: 2
  • Number Ttl Rooms Below Grade: 1

Exterior Features

  • Exterior: Vinyl
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 4

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 700
  • Annual Water Sewer Expense: 900
  • 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: Forest Park
  • Middle School: Lakeside
  • High School: North Side

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 29 X 150
  • Estimated Lot Sq Ft: 4356
  • Estimated Lot Size Acres: 0.1

Rental Info

  • Lease Term: Month to Month, 1 Year
  • Owner Pays: Sewer, Water
  • Tenant Pays: Cooling, Electric, Heating

Multi Family

  • Gross Monthly Rent: 1250
  • Number Of Dryers: 2
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Number Of Washers: 2
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 1656

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2017
Closed on
Jul 31, 2017
Sold by
J&K Simpson Properties Llc
Bought by
Delanor Consutlants Llc
Seller's Agent
Lynn Generette-Haffner
CENTURY 21 Bradley Realty, Inc
Buyer's Agent
Tim Haber
CENTURY 21 Bradley Realty, Inc
List Price
$94,000
Sold Price
$87,000
Premium/Discount to List
-$7,000
-7.45%
Current Estimated Value
$180,097

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,097
Avg. Annual Appreciation
9.46%

Purchase Details

Closed on
Sep 12, 2013
Sold by
Simpson Jeffery
Bought by
J&K Simpsons Properties Llc

Purchase Details

Closed on
Aug 22, 2013
Sold by
Brennecke Denise A
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Jun 26, 2007
Sold by
Brennecke Denise A and Grauel Linda M
Bought by
Brennecke Denise A and Grauel Linda M

Purchase Details

Closed on
Sep 7, 2006
Sold by
Archer John W and Archer Roberta H
Bought by
Brennecke Denise A and Grauel Linda M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,900
Interest Rate
6.59%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 20, 2004
Sold by
Whiteleather Dennis M
Bought by
Archer John W and Archer Roberta H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,500
Interest Rate
5.82%
Mortgage Type
Purchase Money Mortgage
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 Buyer Sale Price Title Company
Delanor Consutlants Llc $87,000 Fidelity Natl Title Co Llc
J&K Simpsons Properties Llc -- None Available
Wells Fargo Bank Na $22,000 None Available
Brennecke Denise A -- None Available
Brennecke Denise A -- Lawyers Title
Archer John W -- Commonwealth-Dreibelbiss Tit
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brennecke Denise A $54,000
Previous Owner Brennecke Denise A $54,900
Previous Owner Archer John W $58,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2017 08/01/17 Sold $87,000 -7.4% $47 / Sq Ft
07/13/2017 07/13/17 Pending -- -- --
07/07/2017 07/07/17 For Sale $94,000 0.0% $51 / Sq Ft
08/25/2016 08/25/16 Rented $625 0.0% --
08/22/2016 08/22/16 Under Contract -- -- --
08/03/2016 08/03/16 For Rent $625 +4.2% --
07/28/2015 07/28/15 Rented $600 0.0% --
07/17/2015 07/17/15 Under Contract -- -- --
07/01/2015 07/01/15 For Rent $600 0.0% --
07/25/2014 07/25/14 Rented $600 -4.0% --
07/07/2014 07/07/14 Under Contract -- -- --
04/17/2014 04/17/14 Rented $625 0.0% --
04/16/2014 04/16/14 Under Contract -- -- --
03/05/2014 03/05/14 For Rent $625 +4.2% --
02/01/2014 02/01/14 For Rent $600 -- --
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 $3,304 $148,200 $21,000 $127,200
2022 $2,295 $102,100 $16,800 $85,300
2021 $2,271 $101,400 $8,000 $93,400
2020 $2,184 $99,800 $8,000 $91,800
2019 $2,108 $96,800 $8,000 $88,800
2018 $1,957 $89,300 $8,000 $81,300
2017 $1,858 $84,000 $8,000 $76,000
2016 $1,656 $76,000 $8,000 $68,000
2014 $838 $40,300 $8,000 $32,300
2013 $1,046 $50,400 $5,500 $44,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201730894

Indiana Regional MLS

APN: 02-07-36-405-007.000-074