NOT LISTED FOR SALE

2721 Drexel Ave Fort Wayne, IN 46806

Greater McMillen Park Neighborhood

Estimated Value: $92,000 - $107,000

3 Beds
1 Bath
1,043 Sq Ft
$98/Sq Ft Est. Value

Last Sold April 21, 2017

Last sale price $9,000 $9 Per Sq Ft

Est. 1,037% increase in value since last sale

Current estimated payment $661/month

Highlights

  • Ranch Style House
  • Forced Air Heating System
  • Level Lot
  • 1 Car Detached Garage

About This Home

As of April 2017

Great 6 HOME package Investment opportunity! This property is part of a 6 home package deal for $154,900. The 6 address are as follows: 5121 Bowser, 5022 Bowser, 4845 Oliver, 4502 Bowser, 4305 Spatz, 2721 Drexel. MLS #'s: 201705775, 201705779, 201705782, 201705783, 201705786, 201705789. Rents can have this investment paid off in less than 5-7 years with the right management. Some homes are currently rented.

Last Agent to Sell the Property

Kate Brubaker

Uptown Realty Group Listed on: 02/13/2017

Last Buyer's Agent

Paul Eisaman Jr.

Eisaman Real Estate Inc

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1960

Lot Details

  • 9,296 Sq Ft Lot
  • Lot Dimensions are 83x112
  • Level Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Ranch Style House
  • Slab Foundation
  • Shingle Roof
  • Vinyl Construction Material

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 02-13-18-256-019.000-074

Home Details

Home Type

Single Family

Year Built

Built in 1960

Lot Details

0

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1960
  • Age: 57
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 5
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: Oak Pk SEC B LOT 108 & 25 VAC ST
  • Parcel Number ID: 02-13-18-256-019.000-074
  • Platted: Yes
  • Inside City Limits: Yes
  • Investment Property: Yes
  • Section Number: B
  • Sp Lp Percent: 30.1
  • Special Features: None

Interior Features

  • Total Sq Ft: 1043
  • Total Finished Sq Ft: 1043
  • Above Grade Finished Sq Ft: 1043
  • Basement Foundation: Slab
  • Living Great Room: Dimensions: 10x10, On Level: Main
  • Kitchen: Dimensions: 10x10, On Level: Main
  • Bedroom 1: Dimensions: 10x10, On Level: Main
  • Bedroom 2: Dimensions: 10x10, On Level: Main
  • Bedroom 3: Dimensions: 10x10, On Level: Main
  • Other Room1: Dimensions: 5x7, On Level: Main
  • Main Level Sq Ft: 1043
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Outbuilding1: None

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 1
  • Garage Size: Dimensions: 16x13
  • Garage Sq Ft: 208

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: AEP/I&M
  • Gas Company: NIPSCO
  • Water Company: Fort Wayne City Utilities

Schools

  • School District: Fort Wayne Community
  • Elementary School: Haley
  • Middle School: Lane
  • High School: Snider

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 83x112
  • Estimated Lot Sq Ft: 9296
  • Estimated Lot Size Acres: 0.2134
  • Lot Number: 108
  • Zoning: R - 1 - Single Family

Tax Info

  • Annual Taxes: 310

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 22, 2019
Sold by
Inpro Investment Partners V Llc
Bought by
Carreon Matthew
Current Estimated Value
$102,317

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,500
Outstanding Balance
$90,306
Interest Rate
3.8%
Mortgage Type
Commercial
Estimated Equity
$13,587

Purchase Details

Listed on
Feb 13, 2017
Closed on
Apr 21, 2017
Sold by
Fielding Properties Llc
Bought by
Inpro Llc
Seller's Agent
Kate Brubaker
Uptown Realty Group
Buyer's Agent
Paul Eisaman Jr.
Eisaman Real Estate Inc
List Price
$29,900
Sold Price
$9,000
Premium/Discount to List
-$20,900
-69.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.23%

Purchase Details

Closed on
Sep 5, 2009
Sold by
Barlow Jonathon
Bought by
Fielding Properties Llc

Purchase Details

Closed on
Jul 7, 2009
Sold by
Wireman Eugene and Wireman Rhonda K
Bought by
Barlow Jonathon

Purchase Details

Closed on
Feb 4, 2002
Sold by
Palo Verde Trading Company Llc
Bought by
Wireman Eugene and Wireman Rhonda K

Purchase Details

Closed on
Dec 21, 2000
Sold by
Ironwood Acceptance Company
Bought by
Palo Verde Trading Company Llc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Carreon Matthew $35,000 Trademark Title
Inpro Llc $132,000 --
Inpro Inv Partners V Llc $132,000 Metropolitan Title Of In
Fielding Properties Llc -- None Available
Barlow Jonathon -- Metropolitan Title Company
Wireman Eugene -- --
Palo Verde Trading Company Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carreon Matthew $129,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/21/2017 04/21/17 Sold $9,000 -69.9% $9 / Sq Ft
02/13/2017 02/13/17 Pending -- -- --
02/13/2017 02/13/17 For Sale $29,900 -- $29 / 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 $1,211 $60,600 $24,000 $36,600
2022 $802 $35,700 $7,000 $28,700
2021 $643 $28,700 $1,600 $27,100
2020 $641 $29,300 $1,500 $27,800
2019 $483 $22,200 $1,900 $20,300
2018 $487 $22,200 $1,900 $20,300
2017 $460 $20,800 $1,900 $18,900
2016 $405 $18,600 $1,900 $16,700
2014 $310 $14,900 $2,100 $12,800
2013 $270 $13,000 $2,100 $10,900
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2017

    Kate Brubaker

    Uptown Realty Group

    (260) 466-1169

    36 Total Sales

    Section Image

  • P

    Buyer's Agent in 2017

    Paul Eisaman Jr.

    Eisaman Real Estate Inc

    (260) 414-7198

    39 Total Sales

    Section Image
See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 201705789

Indiana Regional MLS

APN: 02-13-18-256-019.000-074

Indiana Allen County Fort Wayne 46806 Greater McMillen Park

2721 Drexel Ave, Fort Wayne, IN

This home is located at 2721 Drexel Ave, Fort Wayne, IN 46806 since 13 February 2017 and is currently estimated at $102,317, approximately $98 per square foot. This property was built in 1960. 2721 Drexel Ave is a home located in Allen County with nearby schools including J Wilbur Haley Elementary School, Lane Middle School, and R Nelson Snider 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.

Nearby Homes