NOT LISTED FOR SALE

2503 Barr St Fort Wayne, IN 46803

La Rez Neighborhood

Estimated Value: $46,000 - $167,000

5 Beds
2 Baths
2,404 Sq Ft
$47/Sq Ft Est. Value

Last Sold October 07, 2021

Last sale price $32,000 $13 Per Sq Ft

Est. 251% increase in value since last sale

Current estimated payment $761/month

37 Days on Market

Highlights

  • Traditional Architecture
  • Level Lot
  • Carpet
  • Forced Air Heating System
  • Wood Siding
  • 2-minute walk to Ivan Lebamoff Reservoir Park

About This Home

As of October 2021

Investor special with a 5 minute drive to Downtown and a 4 minute walk to Reservoir Park! Lower unit previously rented for $750 a month. Upper unit was owners apartment but could be rented for $500.00 a month. This home needs a lot of work but has so much potential. This is an estate sale, being sold AS IS.

Last Agent to Sell the Property

Anna Lemus

Keller Williams Realty Group Listed on: 07/21/2021

Last Buyer's Agent

Anna Lemus

Keller Williams Realty Group Listed on: 07/21/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,787

Year Built

  • Built in 1925

Lot Details

  • 2,178 Sq Ft Lot
  • Lot Dimensions are 41x50
  • Level Lot

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Traditional Architecture
  • Poured Concrete
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Carpet
  • Unfinished Basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Location

  • Suburban Location

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 02-12-11-481-008.000-074

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,787

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1925
  • Age: 96
  • Style: Two Story
  • Architectural Style: Traditional
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 5
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: S 41 FT LOT 430 HAMILTONS 4TH ADD
  • Parcel Number ID: 02-12-11-481-008.000-074
  • Platted: Yes
  • Amenities: Basement
  • Location: City/Town/Suburb
  • Sp Lp Percent: 71.11
  • Monthly Gross Income: 1300
  • Special Features: None

Interior Features

  • Total Sq Ft: 3496
  • Total Finished Sq Ft: 2404
  • Above Grade Finished Sq Ft: 2404
  • Below Grade Sq Ft: 1092
  • Price Per Sq Ft: 13.31
  • Basement: Yes
  • Basement Foundation: Unfinished
  • Basement Material: Poured Concrete
  • Flooring: Carpet
  • Total Below Grade Sq Ft: 1092
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Wood
  • Stories: 2

Garage/Parking

  • Parking: Street

Utilities

  • Cooling: Window
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 41x50
  • Estimated Lot Sq Ft: 2178
  • Estimated Lot Size Acres: 0.05

Multi Family

  • Gross Monthly Rent: 1300
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of2 Bedrooms: 1
  • Number Of 3 Bedrooms: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2021
Closed on
Oct 20, 2021
Sold by
Pacheco Oscar
Bought by
Pacheco Oscar and Parra Juneisis
Seller's Agent
Anna Lemus
Keller Williams Realty Group
Buyer's Agent
Anna Lemus
Keller Williams Realty Group
List Price
$45,000
Sold Price
$32,000
Premium/Discount to List
-$13,000
-28.89%
Current Estimated Value
$112,439

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,439
Avg. Annual Appreciation
28.15%

Purchase Details

Listed on
Jul 21, 2021
Closed on
Oct 7, 2021
Sold by
Reynolds Alicia
Bought by
Pacheco Oscar
Seller's Agent
Anna Lemus
Keller Williams Realty Group
Buyer's Agent
Anna Lemus
Keller Williams Realty Group
List Price
$45,000
Sold Price
$32,000
Premium/Discount to List
-$13,000
-28.89%

Purchase Details

Closed on
Apr 20, 2021
Sold by
Williams Famious
Bought by
Reynolds Alicia

Purchase Details

Closed on
May 20, 2012
Sold by
Affordable Housing Inc
Bought by
Williams Famious

Purchase Details

Closed on
Feb 24, 2005
Sold by
T E Smith Builders Inc
Bought by
Affordable Housing Inc

Purchase Details

Closed on
Sep 10, 2002
Sold by
Bell Larry Eugene
Bought by
T E Smith Builders 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
Pacheco Oscar -- Fidelity National Ttl Co Llc
Pacheco Oscar $32,000 Fidelity National Ttl Co Llc
Reynolds Alicia -- --
Williams Famious $15,000 --
Wiliams Famious -- None Available
Affordable Housing Inc -- --
T E Smith Builders Inc -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2021 10/07/21 Sold $32,000 -28.9% $13 / Sq Ft
08/27/2021 08/27/21 Pending -- -- --
07/21/2021 07/21/21 For Sale $45,000 -- $19 / 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 $1,787 $58,700 $12,600 $46,100
2022 $457 $67,300 $7,200 $60,100
2021 $190 $26,300 $900 $25,400
2020 $0 $26,300 $900 $25,400
2019 $232 $23,600 $900 $22,700
2018 $0 $49,000 $900 $48,100
2017 $194 $40,400 $900 $39,500
2016 $194 $28,100 $900 $27,200
2014 $194 $24,100 $900 $23,200
2013 $193 $24,400 $900 $23,500
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2021

    Anna Lemus

    Keller Williams Realty Group

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Map

Source: Indiana Regional MLS

MLS Number: 202129219

Indiana Regional MLS

APN: 02-12-11-481-008.000-074

Indiana Allen County Fort Wayne 46803 La Rez

2503 Barr St, Fort Wayne, IN

This home is located at 2503 Barr St, Fort Wayne, IN 46803 since 21 July 2021 and is currently estimated at $112,439, approximately $46 per square foot. This property was built in 1925. 2503 Barr St 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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