NOT LISTED FOR SALE

239 E Woodland Ave Fort Wayne, IN 46803

La Rez Neighborhood

Estimated Value: $142,000 - $215,000

5 Beds
5 Baths
2,062 Sq Ft
$91/Sq Ft Est. Value

Last Sold January 17, 2024

Last sale price $190,000 $92 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $1,247/month

41 Days on Market

Highlights

  • Forced Air Heating System
  • Level Lot
  • 3-minute walk to Ivan Lebamoff Reservoir Park
  • 5 Car Garage
  • Carpet

About This Home

As of January 2024

Uncover the potential of this rare 5-plex in the heart of Fort Wayne, close to all amenities and near Electric Works. Endless possibilities await for investors or those seeking multi-family living. Prime location adds to the appeal. Don't miss the chance to capitalize on this versatile property with abundant opportunities. This 5 plex offers five, 1 bed/1 bath units.

Last Agent to Sell the Property

Alyssa Schendel

North Eastern Group Realty Brokerage Phone: 260-515-6059 Listed on: 12/06/2023

North Eastern Group Realty

Last Buyer's Agent

Alyssa Schendel

North Eastern Group Realty Brokerage Phone: 260-515-6059 Listed on: 12/06/2023

North Eastern Group Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,267

Year Built

  • Built in 1925

Lot Details

  • 4,950 Sq Ft Lot
  • Lot Dimensions are 33x150
  • Level Lot

Parking

  • 5 Car Garage

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 3-Story Property
  • Partially Finished Basement

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Full Bathrooms

Schools

  • Fairfield Elementary School
  • Shawnee Middle School
  • South Side High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for cooling, electric, heating, water, water softener
  • The owner pays for building insurance, maintenance, tax
  • Assessor Parcel Number 02-12-11-480-017.000-074

Community Details

Overview

  • 5 Units
  • Hamilton Subdivision

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Insurance Expense $1,000
  • Maintenance Expense $1,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,267

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Fiveplex
  • Year Built: 1925
  • Age: 99
  • Style: Two Story
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 5
  • Total Bathrooms: 5
  • Total Full Bathrooms: 5
  • Legal Description: E 16 2/3 FT LOT 458 W 16 2/3 FT LOT 459 HAMILTONS 4TH ADD
  • Parcel Number ID: 02-12-11-480-017.000-074
  • Platted: Yes
  • Amenities: Basement
  • Sp Lp Percent: 100
  • Monthly Gross Income: 2000
  • Year Taxes Payable: 2023
  • Special Features: None

Interior Features

  • Total Sq Ft: 2894
  • Total Finished Sq Ft: 2062
  • Above Grade Finished Sq Ft: 2062
  • Below Grade Sq Ft: 832
  • Price Per Sq Ft: 92.14
  • Basement: Yes
  • Basement Foundation: Partial Basement, Unfinished
  • Flooring: Carpet, Laminate
  • Total Below Grade Sq Ft: 832
  • Number Of Ranges Ovens: 5

Exterior Features

  • Exterior: Vinyl
  • Stories: 3

Garage/Parking

  • Number Of Parking Spaces: 5

Utilities

  • Cooling: Window
  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 1000
  • Annual Maintenance Expense: 1500
  • Number Electric Meters: 1
  • Number Gas Meters: 1
  • Number Water Meters: 1

Schools

  • School District: Fort Wayne Community
  • Elementary School: Fairfield
  • Middle School: Shawnee
  • High School: South Side
  • Elementary School: Fairfield

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 33X150
  • Estimated Lot Sq Ft: 4950
  • Estimated Lot Size Acres: 0.11

Rental Info

  • Lease Term: Month to Month, 1 Year
  • Owner Pays: Building Insurance, Maintenance, Tax
  • Tenant Pays: Cooling, Electric, Heating, Water, Water Softener

Multi Family

  • Gross Monthly Rent: 2000
  • Number Of Refrigerators: 5
  • Number Of Units: 5
  • Num Of1 Bedrooms: 5
  • Num Of Units Rented: 4

Tax Info

  • Annual Property Tax: 2267.12

MLS Schools

  • High School: South Side
  • Middle School: Shawnee
  • School District: Fort Wayne Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2023
Closed on
Jan 16, 2024
Sold by
Plant Property Llc
Bought by
Otaku Llc
Seller's Agent
Alyssa Schendel
North Eastern Group Realty
Buyer's Agent
Alyssa Schendel
North Eastern Group Realty
List Price
$190,000
Sold Price
$190,000
Views
45
Current Estimated Value
$187,576

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,424
Avg. Annual Appreciation
-0.76%

Purchase Details

Closed on
Jun 9, 2021
Sold by
Wcc Properties Llc
Bought by
Plant Property Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,600
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Apr 15, 2021
Sold by
Regor Llc
Bought by
Wcc Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,600
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Mar 30, 2021
Sold by
Eregor Llc
Bought by
Wcc Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
3.05%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 25, 2008
Sold by
Bower Larmore Miriam L
Bought by
Regor Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
6.22%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
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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
Otaku Llc -- None Listed On Document
Plant Property Llc -- None Available
Wcc Properties Llc -- None Listed On Document
Wcc Properties Llc $80,000 None Available
Regor Llc -- Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Plant Property Llc $81,600
Previous Owner Wcc Properties Llc $3,000,000
Previous Owner Wcc Properties Llc $0
Previous Owner Regor Llc $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/17/2024 01/17/24 Sold $190,000 0.0% $92 / Sq Ft
01/16/2024 01/16/24 Pending -- -- --
12/06/2023 12/06/23 For Sale $190,000 -- $92 / 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 $2,695 $136,100 $15,600 $120,500
2023 $2,695 $117,900 $12,500 $105,400
2022 $2,159 $96,400 $6,100 $90,300
2021 $1,422 $63,800 $1,200 $62,600
2020 $1,201 $54,900 $1,000 $53,900
2019 $947 $43,500 $1,200 $42,300
2018 $954 $43,500 $1,200 $42,300
2017 $383 $17,300 $1,200 $16,100
2016 $377 $17,300 $1,200 $16,100
2014 $360 $17,300 $1,200 $16,100
2013 $359 $17,300 $1,200 $16,100
Source: Public Records

Agents Affiliated with this Home

  • Alyssa Schendel

    Seller's Agent in 2024

    Alyssa Schendel

    North Eastern Group Realty

    (260) 515-6059

    1 in this area

    273 Total Sales

    Alyssa Schendel
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Map

Source: Indiana Regional MLS

MLS Number: 202343890

Indiana Regional MLS

APN: 02-12-11-480-017.000-074

Indiana Allen County Fort Wayne 46803 La Rez

239 E Woodland Ave, Fort Wayne, IN

This home is located at 239 E Woodland Ave, Fort Wayne, IN 46803 since 06 December 2023 and is currently estimated at $187,576, approximately $90 per square foot. This property was built in 1925. 239 E Woodland Ave is a home located in Allen County with nearby schools including Fairfield Elementary School, Shawnee 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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