$169,900
$10K PRICE INCREASE

Estimated payment $1,175/month

Total Views 12,722
3 Beds
4 Baths
2,220 Sq Ft
$77 Price per Sq Ft

Highlights

  • Corner Lot
  • Carpet
  • 3-minute walk to Weisser Park
  • Baseboard Heating

About This Home

Investment Opportunity for the handyman! This 4 unit building includes 3 one bed/one baths and 1 efficiency. Each unit has it's own entrance. New roof/Gutters ($20k) installed 6-27-25, Up and coming area provides lots of potential. Close to downtown and shopping. Apt. #1 Rented on Month to Month Lease of $750.00 Apt. #2 Rented on Month to Month Lease of $650.00 Apt. #3 Rented on Month to Month Lease of $650.00 Apt. #4 Vacant - Soon to be rented. Owner is actively seeking potential Tenets. Utilities: 1. Electricity - paid by tenants 2. Gas - $50 p/m paid by tenant 3. Trash/Water - paid by owner

Listing Agent

Tim Chaney

Coldwell Banker Real Estate Gr Brokerage Phone: 260-498-9997 Listed on: 03/13/2025

Coldwell Banker Real Estate Gr

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,839

Year Built

  • Built in 1920

Lot Details

  • 4,400 Sq Ft Lot
  • Lot Dimensions are 40 x 110
  • Corner Lot

Interior Spaces

  • 2-Story Property
  • Carpet
  • Unfinished Basement
  • Block Basement Construction

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Full Bathrooms

Parking

  • 3 Parking Spaces
  • Off-Street Parking

Schools

  • Abbett Elementary School
  • Miami Middle School
  • Wayne High School

Utilities

  • Baseboard Heating

Listing and Financial Details

  • The owner pays for heating, lawn maintenance, maintenance
  • Assessor Parcel Number 02-12-13-134-001.000-074

Community Details

Overview

  • 4 Units
  • Industrial Park Subdivision

Pet Policy

  • Pet Restriction

Building Details

  • Insurance Expense $960
  • Maintenance Expense $6,799
  • Water Sewer Expense $3,000

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,839

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Apartment Building
  • Year Built: 1920
  • Age: 105
  • Style: Two Story
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: LOT 176 INDUSTRIAL PARK ADD Ex 40'
  • Parcel Number ID: 02-12-13-134-001.000-074
  • Platted: Yes
  • Amenities: Off Street Parking
  • Cross Street: Colerick Street
  • Monthly Gross Income: 2050
  • Year Taxes Payable: 2839.47
  • Special Features: None

Interior Features

  • Total Sq Ft: 3288
  • Total Finished Sq Ft: 2220
  • Above Grade Finished Sq Ft: 2220
  • Below Grade Sq Ft: 1068
  • Price Per Sq Ft: 76.53
  • Basement: Yes
  • Basement Foundation: Unfinished
  • Basement Material: Block
  • Flooring: Carpet
  • Total Below Grade Sq Ft: 1068
  • Number Of Ranges Ovens: 4

Exterior Features

  • Exterior: Aluminum
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 3

Utilities

  • Heating Fuel: Baseboard
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 960
  • Annual Maintenance Expense: 6799.47
  • Annual Water Sewer Expense: 3000

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • School District: Fort Wayne Community
  • Elementary School: Abbett
  • Middle School: Miami
  • High School: Wayne
  • Elementary School: Abbett

Lot Info

  • Lot Description: Corner
  • Lot Dimensions: 40 x 110
  • Estimated Lot Sq Ft: 4400
  • Estimated Lot Size Acres: 0.1

Rental Info

  • Owner Pays: Heating, Lawn Maintenance, Maintenance
  • Tenant Pays: Cable

Multi Family

  • Gross Monthly Rent: 2050
  • Number Of Refrigerators: 3
  • Number Of Units: 4
  • Num Of1 Bedrooms: 3
  • Num Of Efficiencies: 1

Tax Info

  • Annual Property Tax: 2839.47

MLS Schools

  • High School: Wayne
  • Middle School: Miami
  • School District: Fort Wayne Community

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $3,510 $131,300 $15,800 $115,500
2022 $2,063 $91,800 $7,100 $84,700
2021 $1,241 $55,400 $7,100 $48,300
2020 $1,468 $67,100 $1,200 $65,900
2019 $1,126 $51,700 $1,200 $50,500
2018 $0 $54,900 $1,200 $53,700
2017 -- $50,700 $1,200 $49,500
2016 -- $47,900 $1,200 $46,700
2014 $442 $31,600 $1,200 $30,400
2013 $442 $19,700 $1,200 $18,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2025 07/03/25 Price Changed $169,900 +6.3% $77 / Sq Ft
03/13/2025 03/13/25 For Sale $159,900 +14.2% $72 / Sq Ft
04/04/2024 04/04/24 Sold $140,000 -6.6% $63 / Sq Ft
02/07/2024 02/07/24 Pending -- -- --
01/01/2024 01/01/24 Price Changed $149,900 -3.2% $68 / Sq Ft
10/05/2023 10/05/23 Price Changed $154,900 -3.1% $70 / Sq Ft
09/16/2023 09/16/23 For Sale $159,900 -- $72 / Sq Ft
Source: Indiana Regional MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Public Action Common In Florida Clerks Tax Deed Or Tax Deeds Or Property Sold For Taxes -- None Available
Warranty Deed -- Lincoln Title
Warranty Deed -- Ace Title Box
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $105,000 New Conventional
Source: Public Records

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Source: Indiana Regional MLS

MLS Number: 202509680

Indiana Regional MLS

APN: 02-12-13-134-001.000-074