$125,000
SOLD JUL 29, 2022
3 Beds
2 Baths
2,336 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$54 Per Sq Ft

17% Below List Price

42 Days on Market

Highlights

  • 0.17 Acre Lot
  • Wood Flooring
  • 1 Car Detached Garage
  • Craftsman Architecture
  • Covered Patio or Porch
  • Walk-In Closet

About This Home

As of July 2022

Gorgeous hardwood floors and woodwork add charm to this incredible investment property located near the trendy Wells street corridor! The main floor unit has 2 bedrooms and the upper unit has 1 spacious bedroom with walk-in closet. Both units have nice kitchens and all appliances on site stay!

Last Agent to Sell the Property

Melissa Maddox

North Eastern Group Realty Listed on: 06/03/2022

North Eastern Group Realty

Last Buyer's Agent

Jihan Rachel Brooks

DRH Realty of Indiana, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,884

Year Built

  • Built in 1925

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50 x 150
  • Level Lot

Home Design

  • Duplex
  • Craftsman Architecture
  • Poured Concrete
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 2-Story Property
  • Wood Flooring
  • Fire and Smoke Detector

Bedrooms and Bathrooms

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

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Stone or Rock in Basement
  • Laundry in Basement

Parking

  • 1 Car Detached Garage
  • Off-Street Parking

Outdoor Features

  • Covered Patio or Porch

Schools

  • Franke Park Elementary School
  • Northwood Middle School
  • North Side High School

Utilities

  • Forced Air Heating and Cooling System
  • Window Unit Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for cable, electric, snow removal
  • The owner pays for building insurance, heating, lawn maintenance, sewer, trash collection, water
  • Assessor Parcel Number 02-07-35-331-026.000-074

Community Details

Overview

  • 2 Units
  • North Wayne Subdivision

Amenities

  • Community Storage Space

Pet Policy

  • Pet Restriction

Building Details

  • Fuel Expense $2,160
  • Insurance Expense $800
  • Maintenance Expense $1,200
  • Water Sewer Expense $1,920

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,884

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1925
  • Age: 97
  • Style: Two Story
  • Architectural Style: Craftsman
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: LOT 9 NORTH Wayne Addition
  • Parcel Number ID: 02-07-35-331-026.000-074
  • Platted: Yes
  • Amenities: Off Street Parking, Storage, Closet(s) Walk-in, Detector-Smoke, Porch Covered, Water Heater Gas
  • Sp Lp Percent: 83.39
  • Monthly Gross Income: 1410
  • Year Taxes Payable: 2022
  • Special Features: None

Interior Features

  • Total Sq Ft: 3496
  • Total Finished Sq Ft: 2336
  • Above Grade Finished Sq Ft: 2336
  • Below Grade Sq Ft: 1160
  • Price Per Sq Ft: 53.51
  • Basement: Yes
  • Basement Foundation: Full Basement, Unfinished
  • Basement Material: Poured Concrete, Stone
  • Flooring: Wood
  • Total Below Grade Sq Ft: 1160
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Aluminum
  • Roof Material: Asphalt, Shingle
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 3

Utilities

  • Cooling: Central Air, Window
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Fuel Expense: 2160
  • Annual Insurance Expense: 800
  • Annual Maintenance Expense: 1200
  • Annual Water Sewer Expense: 1920
  • Number Of W D Hookups: 1

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • School District: Fort Wayne Community
  • Elementary School: Franke Park
  • Middle School: Northwood
  • High School: North Side
  • Elementary School: Franke Park

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 50 x 150
  • Estimated Lot Sq Ft: 7405
  • Estimated Lot Size Acres: 0.17

Rental Info

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

Multi Family

  • Gross Monthly Rent: 1410
  • 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

Tax Info

  • Annual Property Tax: 1884

MLS Schools

  • High School: North Side
  • Middle School: Northwood
  • School District: Fort Wayne Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2022
Closed on
Jul 26, 2022
Sold by
Wayne Erxleben
Bought by
Ross Adam and Ross Patrick
Seller's Agent
Melissa Maddox
North Eastern Group Realty
Buyer's Agent
Jihan Rachel Brooks
DRH Realty of Indiana, LLC
List Price
$149,900
Sold Price
$125,000
Premium/Discount to List
-$24,900
-16.61%
Current Estimated Value
$175,669

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,669
Avg. Annual Appreciation
12.95%

Purchase Details

Listed on
Sep 29, 2015
Closed on
Feb 16, 2016
Sold by
Menefee Renovations Llc
Bought by
Erxleben Wayne
Seller's Agent
Ian Barnhart
Coldwell Banker Real Estate Gr
Buyer's Agent
Marti McFarren
RE/MAX Results
List Price
$75,000
Sold Price
$71,000
Premium/Discount to List
-$4,000
-5.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.17%
Original Mortgage
$53,250
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 16, 2015
Sold by
Klejnot Heather M and Menefee Tyler G
Bought by
Menefee Renovation Llc and Klejnot Heather M

Purchase Details

Listed on
Jan 19, 2013
Closed on
Apr 15, 2013
Sold by
Camp Paul G
Bought by
Klejnot Heather M and Menefee Tyler G
Seller's Agent
Patty Tritch
RE/MAX Results
Buyer's Agent
Carley Scheumann
CENTURY 21 Bradley Realty, Inc
List Price
$53,500
Sold Price
$50,000
Premium/Discount to List
-$3,500
-6.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.00%
Original Mortgage
$36,750
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 17, 2010
Sold by
Herring D Patrick
Bought by
Camp Paul G
Source: Public Records

Similar Homes in Fort Wayne, IN

  • 712 Putnam St, Fort Wayne, IN 46808

    $142,500

    • 3 Beds
    • 2 Baths
    • 1,630 Sq Ft
    • 712 Putnam St
    • Fort Wayne, IN

    Here is your chance for a great investment opportunity. With two great units, 1 bed, 1 bath on the main level and 2 bed, 1 bath upstairs and detached garage out back. Fully rented and ready to cash flow.

    Jack May American Dream Team Real Estate Brokers

    Section Image
  • 1602 Geller St, Fort Wayne, IN 46808

    $150,000

    • 2 Beds
    • 2 Baths
    • 1,604 Sq Ft
    • 1602 Geller St
    • Fort Wayne, IN

    A rare opportunity to own a beautifully updated duplex just minutes from the heart of downtown! Situated on a spacious corner double lot, this turnkey property offers two generous 1 bed / 1 bath units, each with its own private deck — ideal for relaxing or entertaining. Both units have been thoughtfully renovated within the last 1–5 years, blending modern finishes with classic charm. Tenants

    Jordan Wildman eXp Realty, LLC

    Section Image
  • 922 & 924 Pape Ave, Fort Wayne, IN 46808

    $139,900

    • 5 Beds
    • 2 Baths
    • 1,960 Sq Ft
    • 922 & 924 Pape Ave
    • Fort Wayne, IN

    Great investment opportunity in Fort Wayne's 46808 zip code! This duplex offers spacious kitchens, living rooms, and bedrooms in both units. Current rents are $750 and $650 per month, with tenants responsible for all utilities and operating on month to month leases. The two bedroom unit has a third room that is currently being used as a third bedroom, a great bonus space that has endless

    Aaron Boone Keller Williams Realty Group

    Section Image
  • 1822 Tecumseh St, Fort Wayne, IN 46805

    $139,900

    • 4 Beds
    • 2 Baths
    • 1,662 Sq Ft
    • 1822 Tecumseh St
    • Fort Wayne, IN

    This fully occupied duplex offers a reliable income. The main unit features 3 bedrooms and 1 bath, while the secondary 1-bedroom, 1-bath mother-in-law suite provides additional rental potential. Both units are leased to long-term tenants (20+ years), with each responsible for their own electric and gas, while the owner covers water and trash—ensuring straightforward management. Garages accessible

    Jordan Wildman eXp Realty, LLC

    Section Image
  • 917 W Washington Blvd, Fort Wayne, IN 46802

    $140,000

    • 6 Beds
    • 2 Baths
    • 2,088 Sq Ft
    • 917 W Washington Blvd
    • Fort Wayne, IN

    Investment opportunity in the heart of downtown! This duplex in the West Central historic district is zoned R3 and ideally located just minutes from Promenade Park, Parkview Field, Electric Works, and a vibrant mix of dining and entertainment. Each unit offers a possible 3-bedroom, 1-bath layout and generates approximately $1,400/month in rent, providing strong income potential. This property

    Honey Fender Anthony REALTORS

    Section Image
  • 320 Brandriff St, Fort Wayne, IN 46802

    $139,900

    • 3 Beds
    • 2 Baths
    • 2,072 Sq Ft
    • 320 Brandriff St
    • Fort Wayne, IN

    Discover an exceptional income-generating opportunity with this beautifully renovated duplex. Offering a total of 2,072 sq ft of stylish living space, this property features two distinct units, both currently tenanted for immediate returns. Currently the total rent is $1475/mo with all utilities paid by the tenants The first unit provides a chic one-bedroom, one-bathroom layout, ideal for urban

    Jordan Wildman eXp Realty, LLC

    Section Image
  • 2120 Broadway, Fort Wayne, IN 46802

    $145,000

    • 3 Beds
    • 3 Baths
    • 1,325 Sq Ft
    • 2120 Broadway
    • Fort Wayne, IN

    Newly remodeled tri-plex, currently with one vacancy but listed for rent. Total possible income is $1980 per month, with how they are listed for rent. Opportunity to combine the purchase with a 6 plex next door at 2130 Broadway. Owner currently pays all utilities and lawn care. Once unit is fully rented, from the new, desirable rehab, it should well exceed the 1% rule. Purchase comes with the

    Eric Bol CENTURY 21 Bradley Realty, Inc

    Section Image
  • 2411 Fox Ave, Fort Wayne, IN 46807

    $146,900

    • 4 Beds
    • 3 Baths
    • 1,818 Sq Ft
    • 2411 Fox Ave
    • Fort Wayne, IN

    Seeking a reliable investment opportunity with immediate returns? This FULLY OCCUPIED triplex bringing in 1935/mo + All utilities passed on to tenants via billback. It is positioned near the exciting Electric Works development offers exactly that. Featuring one efficiency unit, one 1-bedroom unit, and a spacious 2-bedroom unit, this property caters to a variety of renters, maximizing your

    Jordan Wildman eXp Realty, LLC

    Section Image
  • 930 Home Ave, Fort Wayne, IN 46807

    $129,900

    • 4 Beds
    • 2 Baths
    • 1,494 Sq Ft
    • 930 Home Ave
    • Fort Wayne, IN

    Want to be a part of the downtown GE campus revitalization? This home is currently a two unit duplex. Main floor unit is a nice size two bedroom apartment. The back portion of the house has a one bedroom apartment. Home could be converted back to a single family or you could live in one unit and rent the other! Single meter for utilities. Priced to sell at $129,900!

    Troy Wieland Wieland Real Estate

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $125,000 Fidelity National Title
Deed -- Metropolitan Title Of In Llc
Interfamily Deed Transfer -- None Available
Warranty Deed -- None Available
Quit Claim Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $93,750 New Conventional
Previous Owner $53,250 New Conventional
Previous Owner $36,750 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2022 07/29/22 Sold $125,000 -16.6% $54 / Sq Ft
07/15/2022 07/15/22 Pending -- -- --
06/28/2022 06/28/22 For Sale $149,900 0.0% $64 / Sq Ft
06/22/2022 06/22/22 Pending -- -- --
06/10/2022 06/10/22 For Sale $149,900 0.0% $64 / Sq Ft
06/06/2022 06/06/22 Pending -- -- --
06/03/2022 06/03/22 For Sale $149,900 +111.1% $64 / Sq Ft
02/16/2016 02/16/16 Sold $71,000 -5.3% $31 / Sq Ft
01/03/2016 01/03/16 Pending -- -- --
09/29/2015 09/29/15 For Sale $75,000 +50.0% $32 / Sq Ft
04/15/2013 04/15/13 Sold $50,000 -6.5% $22 / Sq Ft
01/31/2013 01/31/13 Pending -- -- --
01/19/2013 01/19/13 For Sale $53,500 -- $23 / 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 $2,389 $148,900 $19,900 $129,000
2022 $2,119 $94,300 $15,100 $79,200
2021 $1,884 $84,100 $5,300 $78,800
2020 $1,794 $82,000 $6,700 $75,300
2019 $1,335 $61,300 $5,100 $56,200
2018 $1,477 $67,400 $6,300 $61,100
2017 $801 $36,200 $3,400 $32,800
2016 $2,044 $93,800 $9,300 $84,500
2014 $1,804 $86,800 $10,000 $76,800
2013 $816 $39,300 $10,000 $29,300
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 202221575

Indiana Regional MLS

APN: 02-07-35-331-026.000-074