NOT LISTED FOR SALE

2512 & 2512 1/2 S Wayne Ave Fort Wayne, IN 46807

Historic South Wayne Neighborhood

Estimated Value: $122,000 - $151,000

3 Beds
2 Baths
1,000 Sq Ft
$131/Sq Ft Est. Value

Last Sold December 15, 2021

Last sale price $122,109 $122 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $892/month

5 Days on Market

Highlights

  • Partially Wooded Lot
  • Patio
  • Ceiling Fan
  • Wood Flooring
  • Forced Air Heating System
  • Wood Siding

About This Home

As of December 2021

This beautiful and well maintained home is a 2 unit investment property with new hardwood floors throughout, a new roof in 2019 and a huge backyard. There are also washer and dryer hookups in both units. The first unit contains 2 bedrooms and 1 large bathroom. There is also a large kitchen with a new refrigerator, and a separate a dining room. The first unit also features two living areas, large closets and lots of storage. The second unit is spacious and offers 1 bedroom, 1 bath, all new appliances and lots of storage In both units. New paint and flooring you'll want to live there yourself!

Last Agent to Sell the Property

Nancey Weaver

Agency & Co. Real Estate Brokerage Email: n.weaver@kw.com Listed on: 08/19/2021

Last Buyer's Agent

Emmanuel Romero

Keller Williams Realty Group

Keller Williams Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,015

Year Built

  • Built in 1900

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 40x150
  • Sloped Lot
  • Partially Wooded Lot

Home Design

  • Duplex
  • Wood Siding
  • Asphalt

Interior Spaces

  • 1,000 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Patio

Schools

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

Utilities

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

Listing and Financial Details

  • Tenant pays for alarm, cable, electric, trash collection
  • The owner pays for building insurance, water
  • Assessor Parcel Number 02-12-11-359-062.000-074

Community Details

Overview

  • 2 Units
  • C K Fairfields Subdivision

Pet Policy

  • Pet Restriction

Building Details

  • Electric Expense $1,680
  • Fuel Expense $1,380
  • Insurance Expense $2,064
  • Water Sewer Expense $2,328

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,015

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1900
  • Age: 121
  • Style: One and Half Story
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: S 1/2 Lot 2 CK Fairfields 2nd Add
  • Parcel Number ID: 02-12-11-359-062.000-074
  • Platted: Yes
  • Amenities: Basement, Ceiling Fan, Patio Open, Water Heater Gas
  • Location: Near Walking Trail
  • Section Number: 9
  • Sp Lp Percent: 97.77
  • Monthly Gross Income: 1025
  • Year Taxes Payable: 2020
  • Special Features: None

Interior Features

  • Total Sq Ft: 1000
  • Total Finished Sq Ft: 1000
  • Above Grade Finished Sq Ft: 1000
  • Price Per Sq Ft: 122.11
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Flooring: Carpet, Wood
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Asphalt, Wood
  • Stories: 1.5

Garage/Parking

  • Number Of Parking Spaces: 2
  • Parking: Off Street

Utilities

  • Cooling: Window
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Electric: 1680
  • Annual Fuel Expense: 1380
  • Annual Insurance Expense: 2064
  • Annual Water Sewer Expense: 2328
  • Number Of W D Hookups: 2

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

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

Lot Info

  • Lot Description: Partially Wooded, Slope
  • Lot Dimensions: 40X150
  • Estimated Lot Sq Ft: 6534
  • Estimated Lot Size Acres: 0.15
  • Lot Number: 2

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Building Insurance, Water
  • Tenant Pays: Alarm, Cable, Electric, Trash Collection

Multi Family

  • Gross Monthly Rent: 1025
  • Number Of Dryers: 2
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Number Of Washers: 2
  • Num Of1 Bedrooms: 2
  • Num Of Efficiencies: 2
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 1015.32

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 29, 2024
Sold by
Fort Wayne Llc-S Fort Wayne Fund 10 Seri
Bought by
Simmons Matthew
Current Estimated Value
$136,652

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Outstanding Balance
$89,554
Interest Rate
6.08%
Mortgage Type
New Conventional
Estimated Equity
$34,668

Purchase Details

Listed on
Aug 19, 2021
Closed on
Dec 10, 2021
Sold by
Termar Properties Llc
Bought by
Fort Wayne Llc
Seller's Agent
Nancey Weaver
Agency & Co. Real Estate
Buyer's Agent
Emmanuel Romero
Keller Williams Realty Group
List Price
$124,900
Sold Price
$122,109
Premium/Discount to List
-$2,791
-2.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.47%
Original Mortgage
$603,268
Interest Rate
2.98%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 18, 2007
Sold by
Wissel Mark W and Lundquist Terrance J
Bought by
Termar Properties Llc

Purchase Details

Closed on
Apr 1, 2004
Sold by
Steininger A G
Bought by
Lundquist Terry J and Wissel Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,000
Interest Rate
5.65%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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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
Simmons Matthew -- None Listed On Document
Simmons Matthew -- None Listed On Document
Fort Wayne Llc $122,109 Trademark Title
Termar Properties Llc -- None Available
Lundquist Terry J -- Three Rivers Title Co Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Simmons Matthew $90,000
Closed Simmons Matthew $90,000
Previous Owner Fort Wayne Llc $603,268
Previous Owner Termer Properties Llc $108,640
Previous Owner Lundquist Terry J $33,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2021 12/15/21 Sold $122,109 -2.2% $122 / Sq Ft
08/24/2021 08/24/21 Pending -- -- --
08/19/2021 08/19/21 For Sale $124,900 -- $125 / 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 $1,731 $118,300 $20,000 $98,300
2023 $1,731 $75,700 $20,000 $55,700
2022 $1,672 $74,400 $12,300 $62,100
2021 $1,039 $46,400 $5,000 $41,400
2020 $1,015 $46,400 $5,000 $41,400
2019 $1,010 $71,800 $5,000 $66,800
2018 $995 $45,400 $5,000 $40,400
2017 $843 $38,100 $5,000 $33,100
2016 $859 $39,400 $4,900 $34,500
2014 $542 $26,100 $5,000 $21,100
2013 $521 $25,100 $5,000 $20,100
Source: Public Records

Agents Affiliated with this Home

  • Nancey Weaver

    Seller's Agent in 2021

    Nancey Weaver

    Agency & Co. Real Estate

    (260) 494-2154

    2 in this area

    81 Total Sales

    Section Image

  • E

    Buyer's Agent in 2021

    Emmanuel Romero

    Keller Williams Realty Group

    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202134458

Indiana Regional MLS

APN: 02-12-11-359-062.000-074

Indiana Allen County Fort Wayne 46807 Historic South Wayne

2512 & 2512 1/2 S Wayne Ave, Fort Wayne, IN

This home is located at 2512 & 2512 1/2 S Wayne Ave, Fort Wayne, IN 46807 since 19 August 2021 and is currently estimated at $130,770, approximately $130 per square foot. This property was built in 1900. 2512 & 2512 1/2 S Wayne Ave is a home located in Allen County with nearby schools including South Wayne Elementary School, Portage 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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