NOT LISTED FOR SALE

2514 N Wells St Fort Wayne, IN 46808

Five Points Neighborhood

Estimated Value: $99,000 - $141,000

2 Beds
1 Bath
1,034 Sq Ft
$125/Sq Ft Est. Value

Last Sold October 04, 2023

Last sale price $120,000 $116 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $829/month

18 Days on Market

About This Home

As of October 2023

Rents out for $1250/month **GREAT INVESTMENT OPPORTUNITY** Welcome to 2514 Wells Street! This charming 2 bed, 1 bath home is nestled in the sought-after 46808 district of Fort Wayne. An ideal investment opportunity for newcomers or seasoned investors looking to expand their portfolio. Currently tenant-occupied, boasting a stellar rental history. Don't miss the chance to acquire this gem in a prime location!

Last Agent to Sell the Property

Jacob Hege

Uptown Realty Group Listed on: 08/16/2023

Co-Listed By

Joseph Hege

Uptown Realty Group

Last Buyer's Agent

Kimberlee Miller

CENTURY 21 Bradley Realty, Inc

CENTURY 21 Bradley Realty, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,348

Year Built

  • Built in 1935

Lot Details

  • 6,750 Sq Ft Lot
  • Lot Dimensions are 45x150
  • Level Lot

Home Design

  • Vinyl Construction Material

Interior Spaces

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Franke Park Elementary School
  • Lakeside Middle School
  • North Side High School

Utilities

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

Community Details

  • Pfeiffer Place Subdivision

Listing and Financial Details

  • Assessor Parcel Number 02-07-35-184-003.000-074

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,348

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1935
  • Style: Two Story
  • Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: Lot 338 Pfeiffer Place, 2nd add |
  • Parcel Number ID: 02-07-35-184-003.000-074
  • Platted: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 1554
  • Total Finished Sq Ft: 1034
  • Above Grade Finished Sq Ft: 1034
  • Below Grade Sq Ft: 520
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Living Great Room: Dimensions: 16x13, On Level: Main
  • Kitchen: Dimensions: 12x9, On Level: Main
  • Bedroom 1: Dimensions: 11x11, On Level: Upper
  • Bedroom 2: Dimensions: 10x10, On Level: Upper
  • Total Below Grade Sq Ft: 520

Exterior Features

  • Exterior: Vinyl
  • Outbuilding1: None

Utilities

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

Schools

  • Elementary School: Franke Park

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 45x150
  • Estimated Lot Sq Ft: 6750
  • Estimated Lot Size Acres: 0.155

Tax Info

  • Annual Taxes: 1348.5

MLS Schools

  • High School: North Side
  • Middle School: Lakeside
  • School District: Fort Wayne Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2023
Closed on
Oct 4, 2023
Sold by
Schatzman Mark L and Schatzman Gina
Bought by
Ingalls Colin and Ingalls Carly
Seller's Agent
Jacob Hege
Uptown Realty Group
Buyer's Agent
Kimberlee Miller
CENTURY 21 Bradley Realty, Inc
List Price
$130,000
Sold Price
$120,000
Premium/Discount to List
-$10,000
-7.69%
Views
71
Current Estimated Value
$129,279

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,279
Avg. Annual Appreciation
3.43%
Original Mortgage
$96,000
Outstanding Balance
$93,978
Interest Rate
7.23%
Mortgage Type
New Conventional
Estimated Equity
$35,301

Purchase Details

Listed on
Aug 16, 2023
Closed on
Oct 3, 2023
Sold by
Schatzman Mark L and Schatzman Gina
Bought by
Ingalls Colin and Ingalls Carly
Seller's Agent
Jacob Hege
Uptown Realty Group
Buyer's Agent
Kimberlee Miller
CENTURY 21 Bradley Realty, Inc
List Price
$130,000
Sold Price
$120,000
Premium/Discount to List
-$10,000
-7.69%
Views
71

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Outstanding Balance
$93,978
Interest Rate
7.23%
Mortgage Type
New Conventional
Estimated Equity
$35,301

Purchase Details

Closed on
Jul 21, 2020
Sold by
Sunshine Real Estate Llc
Bought by
Schatzman Mark L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 10, 2014
Sold by
Sunshine Real Estate Llc and Drake Pamela A
Bought by
Fuess Donald L and Drake Pamela A

Purchase Details

Closed on
Dec 30, 2005
Sold by
Fuess Donald L and Drake Gary A
Bought by
Sunshine Real Estate Llc

Purchase Details

Closed on
Oct 21, 2004
Sold by
Ohio Farmers Ins Co
Bought by
Fuess Donald L and Drake Pamela A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,400
Interest Rate
5.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 26, 2004
Sold by
Osborne Scott E
Bought by
Ohio Farmers Insurance Co Of Medina Cnty
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
Ingalls Colin -- Trademark Title Services
Ingalls Colin -- Trademark Title Services
Schatzman Mark L $63,840 Metropolitan Title
Sunshine Real Estate Llc -- Metropolitan Title
Fuess Donald L -- Centurion Land Title Inc
Sunshine Real Estate Llc -- None Available
Fuess Donald L -- Century Title Services
Ohio Farmers Insurance Co Of Medina Cnty -- Three Rivers Title Co Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ingalls Colin $96,000
Closed Ingalls Colin $96,000
Previous Owner Schatzman Mark L $48,000
Previous Owner Fuess Donald L $30,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/04/2023 10/04/23 Sold $120,000 -4.0% $116 / Sq Ft
09/03/2023 09/03/23 Pending -- -- --
08/30/2023 08/30/23 Price Changed $125,000 -3.8% $121 / Sq Ft
08/16/2023 08/16/23 For Sale $130,000 -- $126 / 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 $1,786 $107,100 $11,000 $96,100
2022 $1,349 $60,000 $9,100 $50,900
2021 $1,127 $50,300 $7,100 $43,200
2020 $869 $39,700 $6,200 $33,500
2019 $573 $26,300 $4,200 $22,100
2018 $601 $27,400 $4,800 $22,600
2017 $1,042 $47,100 $9,500 $37,600
2016 $1,055 $48,400 $9,500 $38,900
2014 $567 $27,300 $6,100 $21,200
2013 $436 $21,000 $4,600 $16,400
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2023

    Jacob Hege

    Uptown Realty Group

    (260) 222-6970

    1 in this area

    84 Total Sales

    Jacob Hege
    Section Image

  • J

    Seller Co-Listing Agent in 2023

    Joseph Hege

    Uptown Realty Group

    (260) 615-0738

    1 in this area

    86 Total Sales

    Joseph Hege
    Section Image
  • Kimberlee Miller

    Buyer's Agent in 2023

    Kimberlee Miller

    CENTURY 21 Bradley Realty, Inc

    (260) 387-0391

    2 in this area

    74 Total Sales

    Kimberlee Miller
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202329400

Indiana Regional MLS

APN: 02-07-35-184-003.000-074

Indiana Allen County Fort Wayne 46808 Five Points

2514 N Wells St, Fort Wayne, IN

Not Listed for Sale

Detached

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