NOT LISTED FOR SALE

Estimated Value: $183,000 - $250,336

5 Beds
3 Baths
2,798 Sq Ft
$80/Sq Ft Est. Value

Last Sold May 22, 2020

Last sale price $160,000 $57 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $1,485/month

7 Days on Market

Highlights

  • Wood Flooring
  • Walk-In Pantry
  • Balcony
  • Covered patio or porch
  • Fenced Yard
  • 2 Car Detached Garage

About This Home

As of May 2020

A fantastic opportunity to own a completely remodeled duplex awaits! Rent the upper unit and pay very little for your own living quarters. Or, rent both units out and call this a great investment property. The owners have transformed the backyard into a lush garden that produces food year round. Walk or bike to the greenway, Purdue's campus, downtown and to our new Promenade Park. This property really is in the heart of it all. The beautifully landscaped yard and large covered porch make staying home so easy. Updates are around every corner including items like the roof, electrical, a reverse osmosis system, appliances, flooring and more! Don't let this one pass you by!

Last Agent to Sell the Property

Tess O'Day

Brick and Mortar Real Estate Group Listed on: 04/07/2020

Last Buyer's Agent

Mick McMaken

American Dream Team Real Estate Brokers

American Dream Team Real Estate Brokers

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,792

Year Built

  • Built in 1916

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 50 x 140
  • Fenced Yard
  • Chain Link Fence
  • Landscaped
  • Level Lot

Home Design

  • Duplex
  • Brick Exterior Construction
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Built-in Bookshelves
  • Ceiling height of 9 feet or more
  • Storm Windows
  • Washer Hookup

Kitchen

  • Walk-In Pantry
  • Laminate Countertops

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction
  • Laundry in Basement
  • 1 Bathroom in Basement
  • 2 Bedrooms in Basement

Parking

  • 2 Car Detached Garage
  • Gravel Driveway
  • Off-Street Parking

Outdoor Features

  • Balcony
  • Covered patio or porch

Location

  • Suburban Location

Schools

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

Utilities

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

Listing and Financial Details

  • Homestead Exemption
  • Tenant pays for water
  • The owner pays for building insurance, electric, maintenance, tax
  • Assessor Parcel Number 02-07-36-307-015.000-074

Community Details

Overview

  • 2 Units
  • Romy Subdivision

Amenities

  • Community Storage Space

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,792

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1916
  • Age: 104
  • Style: Two Story
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: E40' OF S 50' LOT 5 & S 50' LOTS 6 & 7 ROMYS SUB |
  • Parcel Number ID: 02-07-36-307-015.000-074
  • Platted: Yes
  • Amenities: Basement, Fenced Yard, Off Street Parking, Near Walking Trail, Storage, Balcony, Built-In Bookcase, Ceiling-9+, Closet(s) Walk-in, Countertops-Laminate, Landscaped, Pantry-Walk In, Porch Covered, Six Panel Doors, Storm Windows, Washer Hook-Up
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Number Below Grade Bedrooms: 2
  • Sp Lp Percent: 100.06
  • Zoning Description: Residential
  • Monthly Gross Income: 620
  • Year Taxes Payable: 2020
  • Special Features: None

Interior Features

  • Total Sq Ft: 2927
  • Total Finished Sq Ft: 2798
  • Above Grade Finished Sq Ft: 1847
  • Below Grade Finished Sq Ft: 951
  • Below Grade Sq Ft: 129
  • Price Per Sq Ft: 86.63
  • Basement: Yes
  • Basement Foundation: Full Basement, Partially Finished
  • Basement Material: Block
  • Flooring: Laminate, Tile, Wood
  • Number Below Grade Bathrooms: 1
  • Total Below Grade Sq Ft: 1080
  • Number Of Disposals: 1
  • Number Of Microwaves: 1
  • Number Of Ranges Ovens: 2
  • Number Ttl Rooms Below Grade: 2

Exterior Features

  • Exterior: Brick, Vinyl
  • Roof Material: Asphalt, Shingle
  • Fence: Chain Link
  • Stories: 2

Garage/Parking

  • Driveway: Gravel
  • Number Of Parking Spaces: 4
  • Parking: Off Street

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Number Of W D Hookups: 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: Level
  • Lot Dimensions: 50 x 140
  • Estimated Lot Sq Ft: 6970
  • Estimated Lot Size Acres: 0.16

Rental Info

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

Tax Info

  • Exemptions: Homestead, Mortgage
  • Annual Property Tax: 1792

Multi Family

  • Gross Monthly Rent: 620
  • Number Of Dishwashers: 1
  • Number Of Dryers: 1
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Number Of Washers: 1
  • Num Of2 Bedrooms: 1
  • Number Of 3 Bedrooms: 1
  • Num Of Units Rented: 1

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 7, 2020
Closed on
May 27, 2020
Sold by
Patch and Faith
Bought by
Dawson Seth
Seller's Agent
Tess O'Day
Brick and Mortar Real Estate Group
Buyer's Agent
Mick McMaken
American Dream Team Real Estate Brokers
List Price
$159,900
Sold Price
$160,000
Premium/Discount to List
$100
0.06%
Total Days on Market
7
Current Estimated Value
$223,834

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,834
Avg. Annual Appreciation
6.90%
Original Mortgage
$157,102
Outstanding Balance
$141,028
Interest Rate
3.3%
Mortgage Type
FHA
Estimated Equity
$83,215

Purchase Details

Listed on
Apr 7, 2020
Closed on
May 22, 2020
Sold by
Patch William and Patch Faith
Bought by
Dawson Seth
Seller's Agent
Tess O'Day
Brick and Mortar Real Estate Group
Buyer's Agent
Mick McMaken
American Dream Team Real Estate Brokers
List Price
$159,900
Sold Price
$160,000
Premium/Discount to List
$100
0.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,102
Outstanding Balance
$141,028
Interest Rate
3.3%
Mortgage Type
FHA
Estimated Equity
$83,215

Purchase Details

Listed on
May 30, 2017
Closed on
Jul 13, 2017
Sold by
Neal Dustin B
Bought by
Faith Patch
Seller's Agent
Angie Ashby
CENTURY 21 Bradley Realty, Inc
Buyer's Agent
Tess O'Day
Brick and Mortar Real Estate Group
List Price
$89,900
Sold Price
$87,500
Premium/Discount to List
-$2,400
-2.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.49%
Original Mortgage
$74,375
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 23, 2010
Sold by
Pressler Scott
Bought by
Neal Dustin B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,109
Interest Rate
4.44%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 8, 2009
Sold by
Pressler Scott
Bought by
Neal Dusty

Purchase Details

Closed on
Aug 29, 2002
Sold by
Waltemath Virginia M
Bought by
Pressler Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,640
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Dawson Seth $158,673 Metropolitan Title
Dawson Seth $160,000 Metropolitan Title Of In Llc
Faith Patch $87,500 --
Patch William $87,500 Metropolitan Title Of In
Neal Dustin B -- None Available
Neal Dusty -- None Available
Pressler Scott -- Metropolitan Title Indiana L
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dawson Seth $157,102
Closed Dawson Seth $157,102
Previous Owner Patch William $74,375
Previous Owner Neal Dustin B $69,109
Previous Owner Pressler Scott $67,640
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2020 05/22/20 Sold $160,000 +0.1% $57 / Sq Ft
04/14/2020 04/14/20 Pending -- -- --
04/07/2020 04/07/20 For Sale $159,900 +82.7% $57 / Sq Ft
07/13/2017 07/13/17 Sold $87,500 -2.7% $31 / Sq Ft
06/02/2017 06/02/17 Pending -- -- --
05/30/2017 05/30/17 For Sale $89,900 -- $32 / 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 $2,824 $213,000 $34,400 $178,600
2022 $2,854 $190,000 $12,100 $177,900
2021 $2,138 $148,100 $12,100 $136,000
2020 $1,923 $138,200 $12,100 $126,100
2019 $1,792 $130,500 $12,100 $118,400
2018 $1,326 $103,600 $12,100 $91,500
2017 $1,168 $91,700 $12,100 $79,600
2016 $1,021 $82,500 $12,100 $70,400
2014 $1,183 $96,700 $13,400 $83,300
2013 $635 $56,000 $8,500 $47,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202012303

Indiana Regional MLS

APN: 02-07-36-307-015.000-074