NOT LISTED FOR SALE

Estimated Value: $141,000 - $180,100

4 Beds
2 Baths
2,610 Sq Ft
$59/Sq Ft Est. Value

Last Sold August 09, 2019

Last sale price $77,100 $30 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $1,061/month

4 Days on Market

Highlights

  • Ceramic Tile Flooring
  • Forced Air Heating System
  • Level Lot

About This Home

As of August 2019

Well maintained duplex with a townhouse feel located in the '07. Each unit is roughly a 1400 sf two story with a divided basement. The first floors of consist of a living room, dining room, and kitchen and the second floors have two large bedrooms and a bathroom. The kitchens have been updated with ceramic flooring, new countertops, and new backsplashes. The baths have updated flooring, vanities, and mirrors. Both units have newer carpeting, windows, furnaces, and hot water heaters. All utilities are separate for each unit, with tenant responsible for bills. Each unit has window AC units and there are washer/dryer hookups in the basement. Off-street parking is available. Both units are currently rented at $495 and $500 monthly by tenants who have lived there for 1.5 and 3.5 years.

Last Agent to Sell the Property

David Budd

Tree City Realty Listed on: 07/12/2019

Last Buyer's Agent

David Budd

Tree City Realty Listed on: 07/12/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,260

Year Built

  • Built in 1900

Lot Details

  • 3,859 Sq Ft Lot
  • Lot Dimensions are 33 x 117
  • Level Lot

Home Design

  • Duplex
  • Poured Concrete
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Schools

  • South Wayne Elementary School
  • Portage Middle School
  • South Side High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for electric, heating, sewer, trash collection, water
  • The owner pays for building insurance, tax
  • Assessor Parcel Number 02-12-11-359-050.000-074

Community Details

Overview

  • 2 Units
  • Fairfield Subdivision

Pet Policy

  • Pet Restriction

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $400
  • Maintenance Expense $200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,260

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1900
  • Age: 119
  • Style: Two Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: S 1/2 LOT 8 EX S 2' C K FAIRFIELDS 2ND ADDITION
  • Parcel Number ID: 02-12-11-359-050.000-074
  • Platted: Yes
  • Amenities: Basement
  • Inside City Limits: Yes
  • Sp Lp Percent: 110.14
  • Annual Miscellaneous: 200
  • Monthly Gross Income: 995
  • Year Taxes Payable: 2018
  • Special Features: None

Interior Features

  • Total Sq Ft: 3898
  • Total Finished Sq Ft: 2610
  • Above Grade Finished Sq Ft: 2610
  • Below Grade Sq Ft: 1288
  • Price Per Sq Ft: 29.54
  • Basement: Yes
  • Basement Foundation: Full Basement, Unfinished
  • Basement Material: Poured Concrete
  • Flooring: Carpet, Ceramic Tile
  • Total Below Grade Sq Ft: 1288
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Vinyl
  • Stories: 2

Utilities

  • Cooling: Window
  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 400
  • Annual Maintenance Expense: 200
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Of W D Hookups: 2
  • Number Water Meters: 2

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 33 x 117
  • Estimated Lot Sq Ft: 3859
  • Estimated Lot Size Acres: 0.0886
  • Lot Number: 8

Rental Info

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

Tax Info

  • Total Assessed Value: 57500
  • Annual Property Tax: 1260

Multi Family

  • Gross Monthly Rent: 995
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 2

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2019
Closed on
Aug 9, 2019
Sold by
Bad Robot Llc
Bought by
Cocoa Properties Llc
Seller's Agent
David Budd
Tree City Realty
Buyer's Agent
David Budd
Tree City Realty
List Price
$70,000
Sold Price
$77,100
Premium/Discount to List
$7,100
10.14%
Current Estimated Value
$153,275

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,175
Avg. Annual Appreciation
10.70%

Purchase Details

Listed on
Jun 15, 2013
Closed on
Aug 21, 2013
Sold by
Summit City Investments Inc
Bought by
Bad Robot Llc
Seller's Agent
Bryan Bankert
ERA Crossroads
Buyer's Agent
Nick Miller
Minear Real Estate
List Price
$39,900
Sold Price
$36,150
Premium/Discount to List
-$3,750
-9.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.53%
Original Mortgage
$26,625
Interest Rate
4.53%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Feb 1, 2007
Sold by
Armel Sandra K
Bought by
Summit City Investments Inc
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
Cocoa Properties Llc $77,100 Trademark Title
Bad Robot Llc -- Titan Title Services Llc
Summit City Investments Inc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bad Robot Llc $26,625
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2019 08/09/19 Sold $77,100 +10.1% $30 / Sq Ft
07/16/2019 07/16/19 Pending -- -- --
07/12/2019 07/12/19 For Sale $70,000 +93.6% $27 / Sq Ft
08/21/2013 08/21/13 Sold $36,150 -9.4% $14 / Sq Ft
07/13/2013 07/13/13 Pending -- -- --
06/15/2013 06/15/13 For Sale $39,900 -- $15 / 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 $2,572 $143,000 $12,000 $131,000
2022 $2,274 $101,200 $7,900 $93,300
2021 $1,613 $72,000 $2,900 $69,100
2020 $1,490 $68,100 $2,100 $66,000
2019 $997 $45,800 $2,000 $43,800
2018 $1,260 $57,500 $3,800 $53,700
2017 $1,099 $49,700 $3,900 $45,800
2016 $867 $46,700 $3,400 $43,300
2014 $599 $28,800 $2,800 $26,000
2013 $691 $33,300 $3,000 $30,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201929688

Indiana Regional MLS

APN: 02-12-11-359-050.000-074