NOT LISTED FOR SALE

202 W Butler St Fort Wayne, IN 46802

Hoagland Masterson Neighborhood

Estimated Value: $169,000 - $266,000

5 Beds
4 Baths
2,080 Sq Ft
$110/Sq Ft Est. Value

Last Sold January 17, 2017

Last sale price $31,000 $15 Per Sq Ft

Est. 640% increase in value since last sale

Current estimated payment $1,433/month

79 Days on Market

Highlights

  • Traditional Architecture
  • Corner Lot
  • Forced Air Heating System

About This Home

As of January 2017

GOOD RENTAL HISTORY, GOOD INCOME ON INVESTMENT! EXTRA CLEAN & OCCUPIED. UNIT #1 IS 2 BEDROOMS, 2 BATHS WITH WASHER/GAS DRYER HOOKUP. UNIT #2 IS STUDIO APARTMENT WITH KITCHEN. UNIT #3 HAS 2 BEDROOMS.

Last Agent to Sell the Property

William Johnson

Coldwell Banker Real Estate Group Listed on: 09/01/2016

Coldwell Banker Real Estate Group

Last Buyer's Agent

William Johnson

Coldwell Banker Real Estate Group Listed on: 09/01/2016

Coldwell Banker Real Estate Group

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • Lot Dimensions are 50x90
  • Corner Lot

Parking

  • On-Street Parking

Home Design

  • Triplex
  • Traditional Architecture
  • Poured Concrete
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector
  • Laminate Countertops
  • Laundry in Bathroom

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Schools

  • Fairfield Elementary School
  • Kekionga Middle School
  • Wayne High School

Additional Features

  • Suburban Location
  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for cable, lawn maintenance, snow removal
  • The owner pays for electric, heating, sewer, tax, water
  • Assessor Parcel Number 02-12-11-405-019.000-074

Community Details

Overview

  • 3 Units

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $2,400
  • Fuel Expense $1,500
  • Water Sewer Expense $1,800

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1900
  • Age: 116
  • Style: Two Story
  • Architectural Style: Traditional
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 5
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: LOT 53 EX N 60' WILLIAMS ADDITION |
  • Parcel Number ID: 02-12-11-405-019.000-074
  • Platted: Yes
  • Amenities: Basement, Countertops-Laminate, Detector-Smoke
  • Cross Street: HARRISON
  • Location: City/Town/Suburb
  • Sp Lp Percent: 81.79
  • Monthly Gross Income: 1450
  • Year Taxes Payable: 2016
  • Special Features: None

Interior Features

  • Total Sq Ft: 3120
  • Total Finished Sq Ft: 2080
  • Above Grade Finished Sq Ft: 2080
  • Below Grade Sq Ft: 1040
  • Price Per Sq Ft: 14.9
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Basement Material: Poured Concrete
  • Total Below Grade Sq Ft: 1040
  • Number Of Disposals: 3
  • Number Of Ranges Ovens: 3

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt
  • Stories: 2

Garage/Parking

  • Parking: Street

Utilities

  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Electric: 2400
  • Annual Fuel Expense: 1500
  • Annual Water Sewer Expense: 1800
  • Number Electric Meters: 1
  • Number Gas Meters: 1
  • Number Of W D Hookups: 1
  • Number Water Meters: 1

Schools

  • School District: Fort Wayne Community
  • Elementary School: Fairfield
  • Middle School: Kekionga
  • High School: Wayne
  • Elementary School: Fairfield

Lot Info

  • Lot Description: Corner
  • Lot Dimensions: 50X90
  • Lot Number: 53

Rental Info

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

Multi Family

  • Gross Monthly Rent: 1450
  • Number Of Refrigerators: 3
  • Number Of Units: 3
  • Num Of1 Bedrooms: 1
  • Num Of2 Bedrooms: 2
  • Num Of Efficiencies: 1
  • Num Of Units Rented: 3

Tax Info

  • Annual Property Tax: 824.96

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 13, 2025
Sold by
Kennik Properties Llc
Bought by
10Thirty Group Llc
Current Estimated Value
$229,333

Purchase Details

Closed on
Feb 28, 2023
Sold by
Abdool Nasir
Bought by
Kennik Properties Llc

Purchase Details

Closed on
Apr 2, 2021
Sold by
Risan Properties Llc
Bought by
Abdool Nasir

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 1, 2016
Closed on
Jan 17, 2017
Sold by
Shannon John and Shannon Grace
Bought by
Risan Properties Llc
Seller's Agent
William Johnson
Coldwell Banker Real Estate Group
Buyer's Agent
William Johnson
Coldwell Banker Real Estate Group
List Price
$39,900
Sold Price
$31,000
Premium/Discount to List
-$8,900
-22.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.69%
Original Mortgage
$38,400
Interest Rate
4.13%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 25, 2008
Sold by
The 202 West Butler Street Residential L
Bought by
C & C Rentals Llc

Purchase Details

Closed on
Apr 26, 2007
Sold by
Schirbel Michele Rae and Simon Kelli
Bought by
Conley C and 202 W Butler St Residential Land Trust

Purchase Details

Closed on
Dec 23, 2005
Sold by
Combs Alan D
Bought by
Schiebel Michele Rae and Simon Kelli

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,600
Interest Rate
6.37%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 31, 2001
Sold by
Metro Real Estate Inc
Bought by
Combs Alan D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,000
Interest Rate
6.87%
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
10Thirty Group Llc $325,000 --
Kennik Properties Llc -- --
Abdool Nasir -- None Available
Risan Properties Llc $31,000 Trademark Title
C & C Rentals Llc -- None Available
Conley C -- None Available
Schiebel Michele Rae -- American Title Inc
Combs Alan D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Abdool Nasir $157,500
Previous Owner Risan Properties Llc $54,000
Previous Owner Risan Properties Llc $38,400
Previous Owner Schiebel Michele Rae $61,600
Previous Owner Simon Kelli $15,400
Previous Owner Combs Alan D $36,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/17/2017 01/17/17 Sold $31,000 -22.3% $15 / Sq Ft
11/19/2016 11/19/16 Pending -- -- --
09/01/2016 09/01/16 For Sale $39,900 -- $19 / 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 $1,932 $128,700 $18,700 $110,000
2022 $1,914 $85,500 $11,600 $73,900
2021 $1,570 $70,400 $4,100 $66,300
2020 $1,723 $79,000 $4,700 $74,300
2019 $1,720 $79,000 $4,700 $74,300
2018 $807 $36,800 $4,700 $32,100
2017 $918 $41,500 $4,600 $36,900
2016 $904 $41,500 $4,600 $36,900
2014 $642 $30,900 $5,300 $25,600
2013 $463 $22,300 $5,300 $17,000
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2017

    William Johnson

    Coldwell Banker Real Estate Group

    (260) 489-3336

    William Johnson
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 201641212

Indiana Regional MLS

APN: 02-12-11-405-019.000-074

Indiana Allen County Fort Wayne 46802 Hoagland Masterson

202 W Butler St, Fort Wayne, IN

This home is located at 202 W Butler St, Fort Wayne, IN 46802 since 01 September 2016 and is currently estimated at $229,333, approximately $110 per square foot. This property was built in 1900. 202 W Butler St is a home located in Allen County with nearby schools including Fairfield Elementary School, Kekionga Middle School, and South 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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