NOT LISTED FOR SALE

Estimated Value: $161,000 - $186,000

4 Beds
2 Baths
1,500 Sq Ft
$115/Sq Ft Est. Value

Last Sold August 23, 2017

Last sale price $88,000 $59 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $1,052/month

3 Days on Market

Highlights

  • Wood Flooring
  • 1 Car Detached Garage
  • Landscaped
  • Fenced Yard
  • Entrance Foyer
  • Central Air

About This Home

As of August 2017

**24 Hours' Notice required for all showings** A duplex owner's ideal set up; the property was built as a duplex. Has 2 electric, 2 gas and 2 water meters. 2 Identical apartments, 1 on second floor and 1 on main level. Each has 2 bedrooms and 1 bath. The basement has 2 washer and 2 dryer connections and a partition wall separating the basement space into two private lockable areas. 2 separate gas forced heating and central air systems. Brick patio in back yard. Alley access with off street parking for 4 cars. 1 car garage with new roof in 2010, 6ft privacy fence around backyard installed in 2010. The apartments are in nice shape, one has refinished HW floors, the other has HW under the carpet. Includes all of the appliances. Within walking distance to Trine University health sciences school on the Parkview Randallia campus. New Roof in 2014.

Last Agent to Sell the Property

Dave McDaniel

RE/MAX Results Listed on: 06/23/2017

RE/MAX Results

Last Buyer's Agent

Laura 'Special K Kinner

RE/MAX Results

RE/MAX Results

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,679

Year Built

  • Built in 1945

Lot Details

  • 4,726 Sq Ft Lot
  • Lot Dimensions are 35x135
  • Fenced Yard
  • Landscaped
  • Level Lot

Home Design

  • Duplex
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Entrance Foyer

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Parking

  • 1 Car Detached Garage
  • Garage Door Opener
  • Gravel Driveway
  • Off-Street Parking

Utilities

  • Central Air
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for cooling, electric, heating, lawn maintenance, sewer, snow removal, trash collection, water
  • The owner pays for building insurance, maintenance, tax
  • Assessor Parcel Number 02-08-31-258-016.000-074

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $829

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,679

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1945
  • Age: 72
  • Style: Two Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Lot 21 Grasmere Heights Add
  • Parcel Number ID: 02-08-31-258-016.000-074
  • Platted: Yes
  • Amenities: Basement, Ceiling Fan, Fenced Yard, Off Street Parking, Foyer Entry, Garage Door Opener, Landscaped, Water Heater Gas
  • Cross Street: Rolston St.
  • Inside City Limits: Yes
  • Road Access: City
  • Road Surface: Paved
  • Sp Lp Percent: 100.57
  • Monthly Gross Income: 1200
  • Restrictions Yn: Yes
  • Special Features: None

Interior Features

  • Total Sq Ft: 2250
  • Total Finished Sq Ft: 1500
  • Above Grade Finished Sq Ft: 1500
  • Below Grade Sq Ft: 750
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Basement Material: Poured Concrete
  • Flooring: Carpet, Wood, Vinyl
  • Main Level Sq Ft: 750
  • Total Below Grade Sq Ft: 750
  • Number Of Ranges Ovens: 2
  • Number Ttl Rooms Below Grade: 2

Exterior Features

  • Exterior: Aluminum
  • Roof Material: Asphalt
  • Fence: Privacy
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 4
  • Parking: Garage, Gravel, Off Street, Private

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 829
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Of W D Hookups: 2
  • Number Water Meters: 2

Schools

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

Lot Info

  • Lot Description: Level, 0-2.9999
  • Lot Dimensions: 35X135
  • Estimated Lot Sq Ft: 4726
  • Estimated Lot Size Acres: 0.1085
  • Lot Number: 21
  • Zoning: R - 2 - Multiple-Family

Rental Info

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

Tax Info

  • Total Assessed Value: 74200
  • Exemptions: Mortgage
  • Annual Property Tax: 1679

Multi Family

  • Gross Monthly Rent: 1200
  • Number Of Dryers: 2
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Number Of Washers: 2
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2017
Closed on
Aug 22, 2017
Sold by
Baker Dina V
Bought by
Capps Joseph E
Seller's Agent
Dave McDaniel
RE/MAX Results
Buyer's Agent
Laura 'Special K Kinner
RE/MAX Results
List Price
$87,500
Sold Price
$88,000
Premium/Discount to List
$500
0.57%
Current Estimated Value
$173,100

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,100
Avg. Annual Appreciation
9.44%
Original Mortgage
$86,406
Outstanding Balance
$72,956
Interest Rate
3.87%
Mortgage Type
FHA
Estimated Equity
$108,681

Purchase Details

Closed on
Nov 9, 2005
Sold by
Stone Janet R
Bought by
Baker Dina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,717
Interest Rate
5.98%
Mortgage Type
FHA
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
Capps Joseph E $88,000 Metropolitan Title Of Indiana,
Baker Dina -- Titan Title Services Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Capps Joseph E $86,406
Previous Owner Baker Dina $81,717
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2017 08/23/17 Sold $88,000 +0.6% $59 / Sq Ft
06/26/2017 06/26/17 Pending -- -- --
06/23/2017 06/23/17 For Sale $87,500 -- $58 / 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 $1,320 $107,300 $24,100 $83,200
2022 $1,569 $122,700 $14,800 $107,900
2021 $1,359 $99,300 $10,100 $89,200
2020 $1,180 $87,800 $10,100 $77,700
2019 $1,216 $89,500 $10,100 $79,400
2018 $1,089 $85,800 $10,100 $75,700
2017 $1,278 $97,100 $10,100 $87,000
2016 $893 $77,300 $10,100 $67,200
2014 $726 $62,800 $10,100 $52,700
2013 $729 $63,000 $9,100 $53,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201728786

Indiana Regional MLS

APN: 02-08-31-258-016.000-074