228 W Leith St Fort Wayne, IN 46807
Fairfield NeighborhoodEstimated payment $854/month
Highlights
- Bathtub with Shower
- Partially Fenced Property
- Vinyl Flooring
- Forced Air Heating and Cooling System
- Lot Has A Rolling Slope
About This Home
Discover a beautifully remodeled 3-bedroom, 2-bath investment property just minutes from downtown Fort Wayne, shopping, and dining. Fully updated in 2019 with vinyl flooring, fresh paint, appliances, and upgraded mechanicals, this home offers peace of mind and low-maintenance ownership. Currently OCCUPIED and generating $1,150/month, with tenants paying all utilities, this property provides immediate cashflow. The lease expires in November, offering the flexibility to continue as a high-performing investment or transition into a private residence. Additional features include a spacious backyard and off-street parking, making it highly attractive to long-term renters. Perfectly located near Williams Park, Lutheran Park, and Ivan Lebamoff Reservoir Park, this investment also offers the option to be packaged with 1001 Lincoln Ave, 939 Lincoln Ave, and/or 1510 Taylor St for a rare multi-property portfolio in one of Fort Wayne’s strongest rental corridors.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,987
Year Built
- Built in 1920
Lot Details
- 3,800 Sq Ft Lot
- Lot Dimensions are 25x152
- Partially Fenced Property
- Lot Has A Rolling Slope
Home Design
- Brick Foundation
- Poured Concrete
- Shingle Roof
- Asphalt Roof
Interior Spaces
- 2-Story Property
- Vinyl Flooring
- Unfinished Basement
- Basement Fills Entire Space Under The House
- Built-In or Custom Kitchen Cabinets
- Washer and Gas Dryer Hookup
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
- Bathtub with Shower
Parking
- Driveway
- Off-Street Parking
Schools
- Fairfield Elementary School
- Kekionga Middle School
- South Side High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
Community Details
- Reese Subdivision
Listing and Financial Details
- Assessor Parcel Number 02-12-14-201-058.000-074
- Seller Concessions Not Offered
Map
Home Values in the Area
Average Home Value in this Area
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 | $1,605 | $108,400 | $13,300 | $95,100 |
| 2023 | $1,605 | $70,200 | $13,300 | $56,900 |
| 2022 | $1,659 | $73,800 | $8,200 | $65,600 |
| 2021 | $1,436 | $64,100 | $3,300 | $60,800 |
| 2020 | $781 | $35,700 | $3,300 | $32,400 |
| 2019 | $777 | $35,700 | $3,300 | $32,400 |
| 2018 | $1,087 | $49,600 | $3,300 | $46,300 |
| 2017 | $1,177 | $47,100 | $3,300 | $43,800 |
| 2016 | $832 | $38,200 | $3,300 | $34,900 |
| 2014 | $569 | $27,400 | $3,300 | $24,100 |
| 2013 | $573 | $27,600 | $3,300 | $24,300 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/03/2025 10/03/25 | Price Changed | $130,000 | -3.7% | $93 / Sq Ft |
| 09/12/2025 09/12/25 | Price Changed | $135,000 | -3.6% | $96 / Sq Ft |
| 08/27/2025 08/27/25 | For Sale | $140,000 | -- | $100 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $27,000 | Centurion Land Title Inc | |
| Warranty Deed | $22,000 | Centurion Land Title Inc | |
| Warranty Deed | -- | Centurion Land Title Inc | |
| Contract Of Sale | $39,281 | Titan Title Services Llc | |
| Quit Claim Deed | $18,501 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $39,281 | Seller Take Back | |
| Previous Owner | $45,000 | Credit Line Revolving |
Source: Indiana Regional MLS
MLS Number: 202534602
APN: 02-12-14-201-058.000-074
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