NOT LISTED FOR SALE

2016 Nelson St Fort Wayne, IN 46802

Michigan Avenue Neighborhood

Estimated Value: $49,000 - $113,000

3 Beds
1 Bath
1,425 Sq Ft
$58/Sq Ft Est. Value

Last Sold January 12, 2023

Last sale price $47,500 $33 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $532/month

14 Days on Market

About This Home

As of January 2023

Come check out this investment property, equity opportunity! Cash Only. Seller will not accept offers requesting an inspection - Buyer may have inspection before submitting an offer.

Last Agent to Sell the Property

April West

Scheerer McCulloch Real Estate Listed on: 12/22/2022

Last Buyer's Agent

Linda Williams

Coldwell Banker Real Estate Gr

Coldwell Banker Real Estate Gr

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $399

Year Built

  • Built in 1905

Lot Details

  • 8,000 Sq Ft Lot
  • Lot Dimensions are 50x160
  • Level Lot

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 1.5-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Schools

  • Study Elementary School
  • Kekionga Middle School
  • South Side High School

Utilities

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

Community Details

  • Reidmillers Subdivision

Listing and Financial Details

  • Assessor Parcel Number 02-12-10-429-030.000-074

Home Details

Home Type

Single Family

Est. Annual Taxes

$399

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1905
  • Style: One and Half Story
  • Bedrooms: 3
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: LOT 5 RIEDMILLERS ADDITION
  • Parcel Number ID: 02-12-10-429-030.000-074
  • Platted: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 2425
  • Total Finished Sq Ft: 1425
  • Above Grade Finished Sq Ft: 1425
  • Below Grade Sq Ft: 1000
  • Basement: Yes
  • Basement Foundation: Full Basement, Unfinished
  • Living Great Room: Dimensions: 12x15, On Level: Main
  • Kitchen: Dimensions: 14x9, On Level: Main
  • Dining Room: Dimensions: 12x12, On Level: Main
  • Bedroom 1: Dimensions: 14x9, On Level: Upper
  • Bedroom 2: Dimensions: 11x9, On Level: Upper
  • Bedroom 3: Dimensions: 15x12, On Level: Upper
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 1000

Exterior Features

  • Exterior: Vinyl
  • Outbuilding1: None

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City

Schools

  • Elementary School: Study

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 50X160
  • Estimated Lot Sq Ft: 8000
  • Estimated Lot Size Acres: 0.18
  • Lot Number: 5

Tax Info

  • Annual Taxes: 399

MLS Schools

  • High School: South Side
  • Middle School: Kekionga
  • School District: Fort Wayne Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 22, 2022
Closed on
Jan 12, 2023
Sold by
Wcc Properties Llc
Bought by
Yaruchyk Peter
Seller's Agent
April West
Scheerer McCulloch Real Estate
Buyer's Agent
Linda Williams
Coldwell Banker Real Estate Gr
List Price
$49,900
Sold Price
$47,500
Premium/Discount to List
-$2,400
-4.81%
Views
187
Current Estimated Value
$83,100

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,600
Avg. Annual Appreciation
20.65%
Original Mortgage
$4,000,000
Interest Rate
6.95%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Dec 22, 2022
Closed on
Dec 16, 2022
Sold by
Chapman Donna Mae
Bought by
Wcc Properties Llc
Seller's Agent
April West
Scheerer McCulloch Real Estate
Buyer's Agent
Linda Williams
Coldwell Banker Real Estate Gr
List Price
$49,900
Sold Price
$47,500
Premium/Discount to List
-$2,400
-4.81%
Views
187

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,000,000
Interest Rate
6.95%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Dec 22, 2022
Closed on
Dec 14, 2022
Sold by
Chapman Donna Mae
Bought by
Wcc Properties Llc
Seller's Agent
April West
Scheerer McCulloch Real Estate
Buyer's Agent
Linda Williams
Coldwell Banker Real Estate Gr
List Price
$49,900
Sold Price
$47,500
Premium/Discount to List
-$2,400
-4.81%
Views
187

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,000,000
Interest Rate
6.95%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Yaruchyk Peter -- None Listed On Document
Wcc Properties Llc -- None Listed On Document
Wcc Properties Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Wcc Properties Llc $4,000,000
Closed Wcc Properties Llc $4,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/12/2023 01/12/23 Sold $47,500 -4.8% $33 / Sq Ft
01/05/2023 01/05/23 Pending -- -- --
01/02/2023 01/02/23 For Sale $49,900 0.0% $35 / Sq Ft
12/28/2022 12/28/22 Pending -- -- --
12/22/2022 12/22/22 For Sale $49,900 +66.3% $35 / Sq Ft
12/16/2022 12/16/22 Sold $30,000 -53.8% $21 / Sq Ft View Prior Sale
12/09/2022 12/09/22 Pending -- -- --
12/02/2022 12/02/22 For Sale $65,000 0.0% $46 / Sq Ft
11/23/2022 11/23/22 Pending -- -- --
11/10/2022 11/10/22 For Sale $65,000 0.0% $46 / Sq Ft
11/09/2022 11/09/22 Pending -- -- --
11/03/2022 11/03/22 For Sale $65,000 -- $46 / 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
2025 $1,225 $93,000 $16,400 $76,600
2024 $1,027 $53,600 $10,000 $43,600
2023 $1,027 $44,900 $11,200 $33,700
2022 $433 $63,800 $9,300 $54,500
2021 $399 $55,200 $7,000 $48,200
2020 $416 $56,200 $7,000 $49,200
2019 $303 $39,300 $7,000 $32,300
2018 $313 $39,900 $7,000 $32,900
2017 $282 $34,700 $7,000 $27,700
2016 $282 $34,400 $7,000 $27,400
2014 $199 $24,700 $7,700 $17,000
2013 $197 $24,900 $7,700 $17,200
Source: Public Records

Agents Affiliated with this Home

  • April West

    Seller's Agent in 2023

    April West

    Scheerer McCulloch Real Estate

    (260) 415-1197

    3 in this area

    287 Total Sales

    April West
    Section Image
  • Linda Williams

    Buyer's Agent in 2023

    Linda Williams

    Coldwell Banker Real Estate Gr

    (260) 615-2290

    2 in this area

    216 Total Sales

    Linda Williams
    Section Image

  • K

    Seller's Agent in 2022

    Kyle Garman

    Keller Williams Realty Group

    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202250209

Indiana Regional MLS

APN: 02-12-10-429-030.000-074

Indiana Allen County Fort Wayne 46802 Michigan Avenue

2016 Nelson St, Fort Wayne, IN

Not Listed for Sale

Detached

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