NOT LISTED FOR SALE

Estimated Value: $103,000 - $149,915

2 Beds
1 Bath
885 Sq Ft
$146/Sq Ft Est. Value

Last Sold May 31, 2017

Last sale price $57,000 $64 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $784/month

80 Days on Market

Highlights

  • Corner Lot
  • Fenced Yard
  • Eat-In Kitchen
  • Covered Patio or Porch
  • 1 Car Detached Garage
  • Laundry in Utility Room

About This Home

As of May 2017

Great investment opportunity! Pride in ownership with multiple updates. Set on a double corner lot, this home provides 2 bedrooms, living room, eat-in kitchen, full bath, laundry room, central heat, air conditioning, plus a 1 car detached garage w/electric garage door & remote opener. Home was totally gutted. All new upgraded kitchen cabinets, countertops, & stainless steel sink w/garbage disposal. New stove, frost-free refrigerator w/ice make & built-in microwave included. Separate laundry room remodel to accommodate a furnace room. Washer & dryer remain. All new duct work for new gas furnace & new central AC units. All new windows plus window blinds. New privacy glass-block window in bath, as well as new tub, toilet, vanity, exhaust fan & lighting. Additional updates included upgraded new linoleum in kitchen & bath, new vinyl wood flooring in living room & hall, new carpet in bedrooms, new doorbell, new ceiling fans w/lights throughout. Exterior details include a newly added open slatted covered front deck, new backyard deck, fenced yard, home exterior is aluminum & was painted 2015 w/window shutters added, plus maintenance free vinyl on garage to match home. Excellent condition.

Last Agent to Sell the Property

James Felger

Mike Thomas Assoc., Inc Listed on: 01/30/2017

Mike Thomas Assoc., Inc

Co-Listed By

Aaron Hoover

Keller Williams Realty Group

Last Buyer's Agent

James Felger

Mike Thomas Assoc., Inc Listed on: 01/30/2017

Mike Thomas Assoc., Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $668

Year Built

  • Built in 1960

Lot Details

  • 7,867 Sq Ft Lot
  • Lot Dimensions are 57x138
  • Fenced Yard
  • Chain Link Fence
  • Corner Lot
  • Level Lot

Home Design

  • Slab Foundation

Interior Spaces

  • 885 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Fire and Smoke Detector
  • Laundry in Utility Room

Kitchen

  • Eat-In Kitchen
  • Laminate Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Additional Features

  • Covered Patio or Porch
  • Suburban Location

Listing and Financial Details

  • Tenant pays for cable, cooling, heating, lawn maintenance, sewer, trash collection, water
  • The owner pays for building insurance, tax
  • Assessor Parcel Number 02-08-32-151-001.000-072

Community Details

Pet Policy

  • Pet Restriction

Building Details

  • Insurance Expense $444

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$668

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Year Built: 1960
  • Age: 57
  • Style: One Story
  • Architectural Style: Ranch
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: BELLAIR LOT 34
  • Parcel Number ID: 02-08-32-151-001.000-072
  • Platted: Yes
  • Amenities: Ceiling Fan, Fenced Yard, Off Street Parking, Countertops-Laminate, Detector-Smoke, Eat-In Kitchen, Garage Door Opener, Patio Open, Porch Covered
  • Location: City/Town/Suburb
  • Sp Lp Percent: 75
  • Monthly Gross Income: 700
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 885
  • Total Finished Sq Ft: 885
  • Above Grade Finished Sq Ft: 885
  • Basement Foundation: Slab
  • Flooring: Carpet, Vinyl
  • Number Of Disposals: 1
  • Number Of Microwaves: 1
  • Number Of Ranges Ovens: 1

Exterior Features

  • Exterior: Aluminum
  • Fence: Chain Link
  • Stories: 1

Garage/Parking

  • Number Of Parking Spaces: 2
  • Parking: Garage

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 444.14
  • Number Of W D Hookups: 1

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

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

Lot Info

  • Lot Description: Corner, Level
  • Lot Dimensions: 57x138
  • Estimated Lot Sq Ft: 7867
  • Estimated Lot Size Acres: 0.1806
  • Lot Number: 34

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Building Insurance, Tax
  • Tenant Pays: Cable, Cooling, Heating, Lawn Maintenance, Sewer, Trash Collection, Water

Multi Family

  • Gross Monthly Rent: 700
  • Number Of Dishwashers: 1
  • Number Of Dryers: 1
  • Number Of Refrigerators: 1
  • Number Of Units: 1
  • Number Of Washers: 1
  • Num Of Units Rented: 1

Tax Info

  • Annual Property Tax: 667.92

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2017
Closed on
May 30, 2017
Sold by
Ritchey Edward D and Reilly Carrie M
Bought by
Ideal Properties Llc
Seller's Agent
James Felger
Mike Thomas Assoc., Inc
Buyer's Agent
James Felger
Mike Thomas Assoc., Inc
List Price
$76,000
Sold Price
$57,000
Premium/Discount to List
-$19,000
-25%
Current Estimated Value
$126,465

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,465
Avg. Annual Appreciation
10.56%
Original Mortgage
$45,600
Outstanding Balance
$38,510
Interest Rate
3.97%
Mortgage Type
New Conventional
Estimated Equity
$91,492

Purchase Details

Closed on
May 20, 2016
Sold by
Reilly Carrie M and Mccallum Sheryl L
Bought by
Ritchey Edward D and Reilly Carrie M

Purchase Details

Closed on
Oct 22, 2012
Sold by
Mccallum Sheryl L
Bought by
Reilly Carrie M and Mccallum Sheryl L

Purchase Details

Closed on
Dec 1, 2011
Sold by
U S Bank National Association
Bought by
Mccallum Sheryl L

Purchase Details

Closed on
Sep 13, 2011
Sold by
Macke Douglas R
Bought by
U S Bank National Association

Purchase Details

Closed on
Apr 27, 2004
Sold by
Williams Catherine E and Richter Judith E
Bought by
Macke Douglas R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,250
Interest Rate
8.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 8, 2003
Sold by
Richter Judith E
Bought by
Williams Catherine E and Richter Judith E
Source: Public Records

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
Ideal Properties Llc -- Trademark Title
Ritchey Edward D -- None Available
Reilly Carrie M -- None Available
Mccallum Sheryl L -- None Available
U S Bank National Association $55,000 None Available
Macke Douglas R -- Metropolitan Title Of In Llc
Williams Catherine E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ideal Properties Llc $45,600
Previous Owner Macke Douglas R $52,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2017 05/31/17 Sold $57,000 -25.0% $64 / Sq Ft
04/20/2017 04/20/17 Pending -- -- --
01/30/2017 01/30/17 For Sale $76,000 -- $86 / 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 $1,102 $58,800 $15,100 $43,700
2022 $1,056 $47,000 $14,700 $32,300
2021 $965 $43,100 $11,500 $31,600
2020 $906 $41,400 $10,900 $30,500
2019 $740 $34,000 $9,400 $24,600
2018 $739 $33,700 $9,400 $24,300
2017 $708 $32,000 $9,800 $22,200
2016 $693 $31,800 $10,100 $21,700
2014 $682 $32,800 $10,600 $22,200
2013 $675 $32,500 $10,600 $21,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201703601

Indiana Regional MLS

APN: 02-08-32-151-001.000-072