NOT LISTED FOR SALE

2502 Thompson Ave Fort Wayne, IN 46807

Broad River Neighborhood

Estimated Value: $127,000 - $164,000

4 Beds
2 Baths
2,250 Sq Ft
$65/Sq Ft Est. Value

Last Sold December 05, 2018

Last sale price $33,000 $15 Per Sq Ft

Est. 341% increase in value since last sale

Current estimated payment $960/month

62 Days on Market

Highlights

  • Forced Air Heating System
  • Level Lot
  • Carpet

About This Home

As of December 2018

DUPLEX ... 2 STORY 750 SQ FT PER SIDE, 2 BEDROOMS I BATH, SEPARATE UTILITIES, OWNER PAYS WATER IN #2504 NEWER FURNACE

Last Agent to Sell the Property

Joyce Swartz

Coldwell Banker Real Estate Group Listed on: 09/26/2018

Coldwell Banker Real Estate Group

Last Buyer's Agent

Jackie McBride

Perfect Pad Realty, LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1943

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 140x50
  • Level Lot

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Unfinished Basement
  • Laundry in Basement

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Private Water Source

Listing and Financial Details

  • Tenant pays for electric, fuel, lawn maintenance, snow removal
  • The owner pays for building insurance, maintenance, tax, trash collection, water
  • Assessor Parcel Number 02-12-10-453-012.000-074

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Insurance Expense $1,250
  • Maintenance Expense $800
  • Water Sewer Expense $1,800

Property Details

Home Type

Multi-Family

Year Built

Built in 1943

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1943
  • Style: Two Story
  • Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: N 50 FT OF E 140 FT W OF THOMPSON & S OF HUESTIS AVE THOMPSON O L 2 |
  • Parcel Number ID: 02-12-10-453-012.000-074
  • Platted: Yes
  • Amenities: Basement
  • Special Features: None

Interior Features

  • Total Sq Ft: 3000
  • Total Finished Sq Ft: 2250
  • Above Grade Finished Sq Ft: 1500
  • Below Grade Finished Sq Ft: 750
  • Below Grade Sq Ft: 750
  • Basement: Yes
  • Basement Foundation: Unfinished
  • Flooring: Carpet, Vinyl
  • Main Level Sq Ft: 1500
  • Total Below Grade Sq Ft: 1500
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Vinyl
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 4

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: Private
  • Annual Insurance Expense: 1250
  • Annual Maintenance Expense: 800
  • Annual Water Sewer Expense: 1800
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Of W D Hookups: 2

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 140X50
  • Estimated Lot Sq Ft: 6970
  • Estimated Lot Size Acres: 0.16

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Building Insurance, Maintenance, Tax, Trash Collection, Water
  • Tenant Pays: Electric, Fuel, Lawn Maintenance, Snow Removal

Tax Info

  • Annual Property Tax: 1119.3

Multi Family

  • Number Of Dryers: 2
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Number Of Washers: 2
  • Num Of2 Bedrooms: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2018
Closed on
Dec 5, 2018
Sold by
Joseph Bukola Opeyemi and Swartz Joyce
Bought by
Fridley Properties Llc
Seller's Agent
Joyce Swartz
Coldwell Banker Real Estate Group
Buyer's Agent
Jackie McBride
Perfect Pad Realty, LLC
List Price
$46,000
Sold Price
$33,000
Premium/Discount to List
-$13,000
-28.26%
Current Estimated Value
$145,522

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,522
Avg. Annual Appreciation
23.03%

Purchase Details

Listed on
Jun 12, 2014
Closed on
Jul 28, 2014
Sold by
Fannie Mae
Bought by
Joseph Bukola Opeyemi
Seller's Agent
Knoris Holloway
Star Realty
Buyer's Agent
Knoris Holloway
Star Realty
List Price
$14,900
Sold Price
$19,200
Premium/Discount to List
$4,300
28.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.26%

Purchase Details

Closed on
Apr 22, 2014
Sold by
Benavides Arturo and Petersen Lee
Bought by
Federal National Mortgage Association and Fannie Mae

Purchase Details

Closed on
Apr 26, 2004
Sold by
Foltz Christopher R
Bought by
Benavides Arturo and Peterson Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,100
Interest Rate
5.85%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Fridley Properties Llc -- Centurion Land Title Co
Joseph Bukola Opeyemi -- Statewide Title Company Inc
Federal National Mortgage Association $49,137 None Available
Benavides Arturo -- Metropolitan Title In Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Benavides Arturo $44,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/05/2018 12/05/18 Sold $33,000 -28.3% $15 / Sq Ft
11/27/2018 11/27/18 Pending -- -- --
09/26/2018 09/26/18 For Sale $46,000 +139.6% $20 / Sq Ft
07/31/2014 07/31/14 Sold $19,200 +28.9% $13 / Sq Ft View Prior Sale
07/15/2014 07/15/14 Pending -- -- --
06/12/2014 06/12/14 For Sale $14,900 -- $10 / 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
2025 $2,451 $119,900 $8,300 $111,600
2024 $2,478 $107,200 $8,200 $99,000
2022 $1,699 $75,600 $8,100 $67,500
2021 $1,613 $72,000 $9,300 $62,700
2020 $344 $15,700 $9,300 $6,400
2019 $340 $15,600 $9,300 $6,300
2018 $537 $52,000 $7,200 $44,800
2017 $1,119 $50,600 $7,300 $43,300
2016 $920 $62,500 $9,300 $53,200
2014 $536 $25,900 $4,400 $21,500
2013 $481 $23,300 $3,200 $20,100
Source: Public Records

Agents Affiliated with this Home

  • Joyce Swartz

    Seller's Agent in 2018

    Joyce Swartz

    Coldwell Banker Real Estate Group

    (260) 438-3835

    181 Total Sales

    Joyce Swartz
    Section Image
  • Jackie McBride

    Buyer's Agent in 2018

    Jackie McBride

    Perfect Pad Realty, LLC

    (260) 450-3071

    33 Total Sales

    Jackie McBride
    Section Image

  • K

    Seller's Agent in 2014

    Knoris Holloway

    Star Realty

See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 201844037

Indiana Regional MLS

APN: 02-12-10-453-012.000-074

Indiana Allen County Fort Wayne 46807 Broad River

2502 Thompson Ave, Fort Wayne, IN

Not Listed for Sale

MultiFamily

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