NOT LISTED FOR SALE

2514 N Wells St Fort Wayne, IN 46808

Five Points Neighborhood

Estimated Value: $101,000 - $194,000

2 Beds
1 Bath
1,034 Sq Ft
$138/Sq Ft Est. Value

Last Sold October 04, 2023

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

Est. 19% increase in value since last sale

Current estimated payment $938/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 Listed By

Jacob Hege

Uptown Realty Group Listed on: 08/16/2023

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
  • Age: 88
  • Style: Two Story
  • Total Number of Rooms: 5
  • Bedrooms: 2
  • Number Above Grade 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
  • Sp Lp Percent: 96
  • Year Taxes Payable: 2023
  • 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
  • Price Per Sq Ft: 116.05
  • 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

  • School District: Fort Wayne Community
  • Elementary School: Franke Park
  • Middle School: Lakeside
  • High School: North Side
  • 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 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%
Total Days on Market
18
Views
71
Current Estimated Value
$142,202

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,202
Avg. Annual Appreciation
1.78%
Original Mortgage
$96,000
Outstanding Balance
$94,823
Interest Rate
7.23%
Mortgage Type
New Conventional
Estimated Equity
$28,589

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
Jul 17, 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
Jul 15, 2020
Sold by
Fuess Donald L and Drake Pamela A
Bought by
Sunshine Real Estate Llc

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

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,407
Interest Rate
4.35%
Mortgage Type
New Conventional

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

Range of Values:

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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
Schatzman Mark L $63,840 Metropolitan Title
Sunshine Real Estate Llc -- Metropolitan Title
Schatzman Mark L -- Metropolitan Title Of In Llc
Sunshine Real Estate Llc -- Metropolitan Title Of In Llc
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
Previous Owner Schatzman Mark L $48,000
Previous Owner Schatzman Mark L $48,000
Previous Owner Fuess Donald L $27,407
Previous Owner Fuess Donald L $30,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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

    59 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

    56 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

    81 Total Sales

    Kimberlee Miller
    Section Image
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Map

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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

Homes for Sale in Fort Wayne, IN

This home is located at 2514 N Wells St, Fort Wayne, IN 46808 since 16 August 2023 and is currently estimated at $142,202, approximately $137 per square foot. This property was built in 1935. 2514 N Wells St is a home located in Allen County with nearby schools including Franke Park Elementary School, Northwood Middle School, and North 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.