NOT LISTED FOR SALE

Estimated Value: $78,000 - $131,000

3 Beds
1 Bath
880 Sq Ft
$115/Sq Ft Est. Value

Last Sold December 20, 2018

Last sale price $40,700 $46 Per Sq Ft

Est. 148% increase in value since last sale

Current estimated payment $643/month

48 Days on Market

Highlights

  • Covered Patio or Porch
  • Forced Air Heating System
  • Vinyl Flooring
  • East Allen University Rated A
  • Level Lot
  • 1-Story Property

About This Home

As of December 2018

Awesome investment opportunity, FRESHLY remodeled and recently rented home. Home is extremely clean and offers a very strong return. Three bedrooms and 1 updated bath. Don't let this one pass you by.

Last Agent to Sell the Property

Rick Feltner

First Choice Housing Listed on: 11/01/2018

Last Buyer's Agent

Rick Feltner

First Choice Housing Listed on: 11/01/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $314

Year Built

  • Built in 1952

Lot Details

  • 6,395 Sq Ft Lot
  • Lot Dimensions are 52x123
  • Level Lot

Home Design

  • Slab Foundation
  • Vinyl Construction Material

Interior Spaces

  • 880 Sq Ft Home
  • 1-Story Property
  • Vinyl Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Additional Features

  • Covered Patio or Porch
  • Forced Air Heating System

Community Details

  • Insurance Expense $360
  • Maintenance Expense $500

Listing and Financial Details

  • Tenant pays for electric, heating, trash collection, water
  • The owner pays for building insurance, maintenance, tax
  • Assessor Parcel Number 02-13-19-134-002.000-070

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$314

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Year Built: 1952
  • Age: 66
  • Style: One Story
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: Anthony Wayne VIII Lot 237 Block 7 |
  • Parcel Number ID: 02-13-19-134-002.000-070
  • Platted: Yes
  • Amenities: Patio Covered
  • Sp Lp Percent: 90.65
  • Monthly Gross Income: 630
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 880
  • Total Finished Sq Ft: 880
  • Above Grade Finished Sq Ft: 880
  • Price Per Sq Ft: 46.25
  • Basement Foundation: Slab
  • Flooring: Vinyl

Exterior Features

  • Exterior: Vinyl
  • Stories: 1

Utilities

  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 360
  • Annual Maintenance Expense: 500
  • Number Of W D Hookups: 1

Schools

  • School District: Fort Wayne Community
  • Elementary School: Irwin
  • Middle School: Memorial Park
  • High School: South Side

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 52x123
  • Estimated Lot Sq Ft: 6395
  • Estimated Lot Size Acres: 0.1468
  • Lot Number: 237

Rental Info

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

Tax Info

  • Total Assessed Value: 15700
  • Annual Property Tax: 314

Multi Family

  • Gross Monthly Rent: 630
  • Number Of Units: 1
  • Number Of 3 Bedrooms: 1
  • Num Of Units Rented: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 20, 2025
Sold by
Grajeda Perla Y Loya
Bought by
Sabais Pedro Garcia and Rodriguez Araceli Serrato
Current Estimated Value
$101,000

Purchase Details

Closed on
Jun 11, 2025
Sold by
Alger 2002 Trust and Alger Shaun Timothy
Bought by
Gnajeda Perla Y Loya

Purchase Details

Listed on
Nov 1, 2018
Closed on
Dec 20, 2018
Sold by
Inpro Rei Llc
Bought by
The Alger 2002 Trust
Seller's Agent
Rick Feltner
First Choice Housing
Buyer's Agent
Rick Feltner
First Choice Housing
List Price
$44,900
Sold Price
$40,700
Premium/Discount to List
-$4,200
-9.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.74%

Purchase Details

Closed on
May 9, 2018
Sold by
Blumnathal Allen and Blomanthal Allen
Bought by
Inpro Rei Llc

Purchase Details

Closed on
Jan 14, 2010
Sold by
Purvis Steve
Bought by
Blomanthal Allen

Purchase Details

Closed on
Sep 15, 2009
Sold by
First Merchants Bank Na
Bought by
Purvis Steve

Purchase Details

Closed on
Jun 12, 2009
Sold by
Kmg Rentals Ii Llc
Bought by
First Merchants Bank Na

Purchase Details

Closed on
Oct 31, 2007
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Kmg Rentals Ii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,400
Interest Rate
6.47%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 24, 2007
Sold by
Lindsey Ronnie
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jun 15, 2005
Sold by
Johnson Marilyn P
Bought by
Lindsey Ronnie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,700
Interest Rate
5.86%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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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
Sabais Pedro Garcia -- None Listed On Document
Gnajeda Perla Y Loya -- None Listed On Document
The Alger 2002 Trust -- Centurion Land Title
Inpro Rei Llc $18,334 Trademark Title Co
Inpro Rei Llc $18,334 Trademark Title Co
Blomanthal Allen -- None Available
Purvis Steve -- None Available
First Merchants Bank Na -- Commonwealth-Dreibelbiss Tit
Kmg Rentals Ii Llc -- None Available
Federal Home Loan Mortgage Corporation $21,000 None Available
Lindsey Ronnie -- American Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kmg Rentals Ii Llc $23,200
Previous Owner Kmg Rentals Ii Llc $30,400
Previous Owner Johnson Marilyn $38,700
Previous Owner Lindsey Ronnie $38,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2018 12/20/18 Sold $40,700 -9.4% $46 / Sq Ft
11/01/2018 11/01/18 For Sale $44,900 -- $51 / 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 $1,325 $76,700 $3,200 $73,500
2022 $1,044 $52,200 $3,200 $49,000
2021 $776 $38,800 $3,200 $35,600
2020 $681 $33,800 $3,200 $30,600
2019 $443 $21,900 $3,200 $18,700
2018 $354 $17,700 $3,200 $14,500
2017 $319 $15,700 $3,200 $12,500
2016 $363 $17,900 $3,600 $14,300
2014 $430 $21,500 $4,200 $17,300
2013 $400 $20,000 $3,900 $16,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201848892

Indiana Regional MLS

APN: 02-13-19-134-002.000-070