NOT LISTED FOR SALE

2015 Bayer Ave Fort Wayne, IN 46805

Northside Neighborhood

Estimated Value: $161,000 - $204,692

3 Beds
2 Baths
2,168 Sq Ft
$87/Sq Ft Est. Value

Last Sold July 06, 2022

Last sale price $150,000 $69 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $1,190/month

17 Days on Market

Highlights

  • Detached Second Garage
  • Wood Flooring
  • Fenced Yard
  • Vaulted Ceiling
  • Covered Patio or Porch
  • 2 Car Detached Garage

About This Home

As of July 2022

This duplex currently occupies long standing tenants with leases expiring August 31, 2022. With some cosmetic attention, minor repairs and upgrades, the rent potential of this property greatly increases. The lower unit boasts original hard wood floor, hard wood columns and a beautiful pocket door. The large basement is greatly underutilized, offering a fireplace, storage space, and washer/dryer hookups. The upstairs unit offers cottage charm, including original hard wood floors and a 3rd floor bedroom with sloping ceilings. A detached 2-car garage and fenced in back yard add to the function of this great investment. This property will be sold AS IS.

Last Agent to Sell the Property

Joy Tiernon

Select Realty, LLC Listed on: 05/18/2022

Co-Listed By

Vince Brown

Select Realty, LLC

Last Buyer's Agent

Michael Wyss

CENTURY 21 Bradley Realty, Inc

CENTURY 21 Bradley Realty, Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,867

Year Built

  • Built in 1925

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 70x76
  • Fenced Yard

Home Design

  • Duplex
  • Brick Exterior Construction
  • Poured Concrete
  • Shingle Siding

Interior Spaces

  • 3-Story Property
  • Vaulted Ceiling
  • Laminate Countertops
  • Washer Hookup

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

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

Parking

  • 2 Car Detached Garage
  • Detached Second Garage
  • Off-Street Parking

Outdoor Features

  • Covered Patio or Porch

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for cable, cooling, electric, heating
  • The owner pays for lawn maintenance, maintenance, sewer, snow removal, trash collection, water
  • Assessor Parcel Number 02-07-36-329-023.000-074

Community Details

Overview

  • 2 Units
  • Romy Subdivision

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,867

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1925
  • Age: 97
  • Style: Two and Half Story
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Lots 31 & 32 Bayers Addition
  • Parcel Number ID: 02-07-36-329-023.000-074
  • Platted: Yes
  • Amenities: Fenced Yard, Fireplace, Off Street Parking, Ceilings-Vaulted, Countertops-Laminate, Porch Covered, Water Heater Gas, Washer Hook-Up
  • Sp Lp Percent: 100
  • Monthly Gross Income: 1191
  • Year Taxes Payable: 2022
  • Special Features: None

Interior Features

  • Total Sq Ft: 3324
  • Total Finished Sq Ft: 2168
  • Above Grade Finished Sq Ft: 2168
  • Below Grade Sq Ft: 1156
  • Price Per Sq Ft: 69.19
  • Basement: Yes
  • Basement Foundation: Full Basement, Unfinished
  • Basement Material: Block, Poured Concrete
  • Flooring: Wood, Vinyl
  • Total Below Grade Sq Ft: 1156
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Brick, Shingle
  • Stories: 3
  • Outbuilding: 2nd Detached Garage
  • Outbuilding Sq Ft: 200

Garage/Parking

  • Number Of Parking Spaces: 2

Utilities

  • Cooling: Central Air
  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Of W D Hookups: 1
  • Number Water Meters: 1

Schools

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

Lot Info

  • Lot Description: 0-2.9999
  • Lot Dimensions: 70x76
  • Estimated Lot Sq Ft: 7405
  • Estimated Lot Size Acres: 0.17

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Lawn Maintenance, Maintenance, Sewer, Snow Removal, Trash Collection, Water
  • Tenant Pays: Cable, Cooling, Electric, Heating

Multi Family

  • Gross Monthly Rent: 1191
  • Number Of Dryers: 1
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Number Of Washers: 1
  • Num Of1 Bedrooms: 1
  • Num Of2 Bedrooms: 1
  • Num Of Units Rented: 2

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
May 18, 2022
Closed on
Jul 20, 2022
Sold by
Shepard David B
Bought by
Kolter Nicole M
Seller's Agent
Joy Tiernon
Select Realty, LLC
Buyer's Agent
Michael Wyss
CENTURY 21 Bradley Realty, Inc
List Price
$150,000
Sold Price
$150,000
Current Estimated Value
$188,923

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,923
Avg. Annual Appreciation
6.11%
Original Mortgage
$120,000
Outstanding Balance
$115,425
Interest Rate
5.23%
Mortgage Type
New Conventional
Estimated Equity
$64,860

Purchase Details

Closed on
Mar 8, 2007
Sold by
Montgomery Megan
Bought by
Shepard David B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 30, 2005
Sold by
Seel David
Bought by
Montgomery Megan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,575
Interest Rate
5.88%
Mortgage Type
Fannie Mae Freddie Mac
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
Kolter Nicole M -- Harlan Jeffrey S
Shepard David B -- Riverbend Title
Montgomery Megan -- Commonwealth-Dreibelbiss Tit
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kolter Nicole M $120,000
Previous Owner Shepard David B $70,700
Previous Owner Shepard David B $72,000
Previous Owner Montgomery Megan $74,575
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/06/2022 07/06/22 Sold $150,000 0.0% $69 / Sq Ft
06/04/2022 06/04/22 Pending -- -- --
06/02/2022 06/02/22 For Sale $150,000 0.0% $69 / Sq Ft
05/19/2022 05/19/22 Pending -- -- --
05/18/2022 05/18/22 For Sale $150,000 0.0% $69 / Sq Ft
09/19/2017 09/19/17 Rented $525 0.0% --
09/13/2017 09/13/17 Under Contract -- -- --
08/18/2017 08/18/17 For Rent $525 -8.7% --
06/24/2016 06/24/16 Rented $575 0.0% --
06/18/2016 06/18/16 Under Contract -- -- --
06/13/2016 06/13/16 For Rent $575 0.0% --
04/15/2015 04/15/15 Rented $575 0.0% --
04/13/2015 04/13/15 Under Contract -- -- --
03/17/2015 03/17/15 For Rent $575 -- --
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 $1,867 $161,700 $29,000 $132,700
2022 $1,529 $110,000 $7,900 $102,100
2021 $2,072 $92,500 $8,500 $84,000
2020 $1,974 $90,200 $8,900 $81,300
2019 $1,831 $84,100 $8,600 $75,500
2018 $1,578 $72,000 $8,900 $63,100
2017 $1,327 $60,000 $8,300 $51,700
2016 $920 $42,200 $6,500 $35,700
2014 $908 $43,700 $7,400 $36,300
2013 $1,308 $63,000 $11,600 $51,400
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    Joy Tiernon

    Select Realty, LLC

    3 in this area

    28 Total Sales

    Section Image
  • Vince Brown

    Seller Co-Listing Agent in 2022

    Vince Brown

    Select Realty, LLC

    (260) 504-1815

    4 in this area

    49 Total Sales

    Section Image

  • M

    Buyer's Agent in 2022

    Michael Wyss

    CENTURY 21 Bradley Realty, Inc

    Section Image

  • D

    Seller's Agent in 2017

    Diane Moberg

    Lighthouse Professional Realty

See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 202218784

Indiana Regional MLS

APN: 02-07-36-329-023.000-074

Indiana Allen County Fort Wayne 46805 Northside

2015 Bayer Ave, Fort Wayne, IN

This home is located at 2015 Bayer Ave, Fort Wayne, IN 46805 since 18 May 2022 and is currently estimated at $188,923, approximately $87 per square foot. This property was built in 1925. 2015 Bayer 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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