$125,000
SOLD JUL 1, 2025
2 Beds
2 Baths
1,584 Sq Ft
2,614 Sq Ft Lot

Recently Sold

$79 Per Sq Ft

14% Below List Price

31 Days on Market

Highlights

  • Wood Flooring
  • Corner Lot
  • Covered Patio or Porch

About This Home

As of July 2025

Great investment Property!!! Conveniently located minutes from Downtown Fort Wayne, GE Works, Foster Park and more, this Duplex is being Sold As with two Current Leases. The property offers two one-bedroom/ one bathroom apartments, offering simple architecture with touches of historic charm. The first tenant pays $750 rent and a $150 utility fee, monthly. The upstairs tenant pays $695 rent and $150 utility fee. The current leases extend through October 31 and September 30th. No Off Street Parking. All utilites remain in Owner's name.

Last Agent to Sell the Property

Joy Tiernon

Select Realty, LLC Brokerage Phone: 260-750-4805 Listed on: 04/30/2025

Last Buyer's Agent

Dylan Dehmiri

eXp Realty, LLC

eXp Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,455

Year Built

  • Built in 1910

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 65x40
  • Corner Lot

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Shingle Roof
  • Concrete Siding
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Unfinished Basement
  • Exterior Basement Entry

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Schools

  • South Wayne Elementary School
  • Portage Middle School
  • South Side High School

Additional Features

  • Covered Patio or Porch
  • Suburban Location
  • Electric Water Heater

Listing and Financial Details

  • The owner pays for electric, lawn maintenance, maintenance, sewer, snow removal, trash collection, water
  • Assessor Parcel Number 02-12-15-229-048.000-074
  • Seller Concessions Not Offered

Community Details

Overview

  • 2 Units
  • Fox Subdivision

Pet Policy

  • Pet Restriction

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,455

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1910
  • Age: 115
  • Style: Two Story
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: LOT 4 CHRISTINE RIPPES SUB ADD
  • Parcel Number ID: 02-12-15-229-048.000-074
  • Platted: Yes
  • Amenities: Porch Covered, Porch Open, Water Heater Electric
  • Location: City/Town/Suburb
  • Parcel Id2: 94-3734-0004
  • Sp Lp Percent: 85.68
  • Monthly Gross Income: 1445
  • Year Taxes Payable: 2024 Payable 2025
  • Special Features: None

Interior Features

  • Total Sq Ft: 2376
  • Total Finished Sq Ft: 1584
  • Above Grade Finished Sq Ft: 1584
  • Below Grade Sq Ft: 792
  • Price Per Sq Ft: 78.91
  • Basement: Yes
  • Basement Foundation: Unfinished, Outside Entrance
  • Flooring: Carpet, Wood, Vinyl
  • Total Below Grade Sq Ft: 792
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Concrete, Vinyl
  • Roof Material: Shingle
  • Stories: 2

Garage/Parking

  • Parking: Street

Utilities

  • Heating Fuel: Electricity
  • Sewer: City
  • Water Utilities: City
  • Electric Company: AEP/I&M
  • Water Company: Fort Wayne City Utilities
  • Number Electric Meters: 1
  • Number Water Meters: 1

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • School District: Fort Wayne Community
  • Elementary School: South Wayne
  • Middle School: Portage
  • High School: South Side
  • Elementary School: South Wayne

Lot Info

  • Lot Description: Corner, 0-2.9999
  • Lot Dimensions: 65x40
  • Estimated Lot Sq Ft: 2614
  • Estimated Lot Size Acres: 0.06

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Electric, Lawn Maintenance, Maintenance, Sewer, Snow Removal, Trash Collection, Water

Multi Family

  • Gross Monthly Rent: 1445
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of1 Bedrooms: 2
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 2455.38

MLS Schools

  • High School: South Side
  • Middle School: Portage
  • School District: Fort Wayne Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2025
Closed on
Jul 1, 2025
Sold by
Imperial Valley Properties Llc
Bought by
Dicks Taylor
Seller's Agent
Joy Tiernon
Select Realty, LLC
Buyer's Agent
Dylan Dehmiri
eXp Realty, LLC
List Price
$145,900
Sold Price
$125,000
Premium/Discount to List
-$20,900
-14.32%
Views
99
Current Estimated Value
$136,972

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,972
Avg. Annual Appreciation
38.63%
Original Mortgage
$150,000
Outstanding Balance
$149,748
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
-$12,776

Purchase Details

Closed on
Jan 10, 2011
Sold by
Grable Jerry
Bought by
Eisaman Real Estate Inc

Purchase Details

Closed on
Dec 12, 2010
Sold by
Borgmann Lisbeth A
Bought by
Grable Jerry

Purchase Details

Closed on
Jun 19, 2008
Sold by
Scott Hutchison Properties Inc
Bought by
Haver Scott

Purchase Details

Closed on
May 24, 2007
Sold by
Hutchison Steven and Hutchison Steve
Bought by
Scott Hutchison Properties Inc

Purchase Details

Closed on
Jun 20, 2005
Sold by
Bank Of New York
Bought by
Hutchison Steve

Purchase Details

Closed on
Jan 21, 2005
Sold by
Al Muhana Ghassan
Bought by
Bank Of New York

Purchase Details

Closed on
May 12, 2003
Sold by
Al Muhana Ghassan
Bought by
Al Shamaly Maitham

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
8.7%

Purchase Details

Closed on
Apr 9, 2003
Sold by
Minnich Gregory A and Minnich Amy M
Bought by
Al Muhana Ghassan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
8.7%
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 Type Sale Price Title Company
Warranty Deed -- Metropolitan Title Of In
Warranty Deed -- None Available
Warranty Deed $9,086 None Available
Warranty Deed -- None Available
Warranty Deed -- None Available
Warranty Deed -- None Available
Warranty Deed -- None Available
Warranty Deed -- Security Title
Warranty Deed $32,000 --
Warranty Deed $174,068 --
Warranty Deed -- Specialty Title Services Of
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $150,000 New Conventional
Previous Owner $56,000 No Value Available
Closed $0 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/01/2025 07/01/25 Sold $125,000 -14.3% $79 / Sq Ft
05/31/2025 05/31/25 Pending -- -- --
04/30/2025 04/30/25 For Sale $145,900 -- $92 / 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 $1,603 $107,400 $14,600 $92,800
2022 $1,591 $70,800 $9,000 $61,800
2021 $858 $38,300 $2,300 $36,000
2020 $685 $31,300 $2,100 $29,200
2019 $1,165 $53,500 $3,700 $49,800
2018 $1,435 $26,700 $3,700 $23,000
2017 $526 $23,800 $3,700 $20,100
2016 $490 $22,500 $3,700 $18,800
2014 $387 $18,600 $4,400 $14,200
2013 $409 $19,700 $4,400 $15,300
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 202515270

Indiana Regional MLS

APN: 02-12-15-229-048.000-074