NOT LISTED FOR SALE

Estimated Value: $199,000 - $226,000

4 Beds
2 Baths
2,140 Sq Ft
$98/Sq Ft Est. Value

Last Sold April 15, 2021

Last sale price $151,500 $71 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $1,441/month

38 Days on Market

Highlights

  • Detached Second Garage
  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System
  • Wood Flooring
  • Patio
  • Ceiling Fan

About This Home

As of April 2021

THIS PROPERTY WILL SELL AT PUBLIC AUCTION - SATURDAY, MARCH 13TH AT 10:00 AM. The auction will be held at the Courtyard by Marriott located at 1150 S. Harrison St., downtown Fort Wayne. OPEN HOUSES: Thursday, February 25th from 5:00 pm to 6:00 pm & Sunday, February 28th from 3:00 to 4:00 pm. This property will be sold in conjunction with 7 other investment properties owned by the Estate of John Silverman. Each property will be offered individually, in combination and as an entire package. This duplex features two nice two bedroom units with one unit on the first floor and one unit on the second floor. Additionally, each unit has a tremendous amount of charm and character with original hardwood floors, fireplaces and much more. The utilities are separated - Tenants pay heat and electric and landlord pay for water and trash removal. The first floor unit is vacant - The Estate is leaving this unit vacant so that the new owner can select the tenant. The property has a strong rental history and has been easy to rent. TERMS: This property is being sold "As-Is" and "Where-Is" - The property is being sold for cash, in the event that a Buyer is obtaining financing, financing must be arranged prior to auction. An non-refundable earnest money deposit in the amount of 10% will be required day of the auction. Real Estate taxes shall be prorated. The Seller will provide the Buyer with an Owners Policy of Title Insurance in the amount of the purchase price. This property will fall in a price range affordable to many - Inspect, Arrange Financing and Come Prepared to Bid your Price on Auction Day.

Last Agent to Sell the Property

Brandon Steffen

Steffen Group Listed on: 02/03/2021

Last Buyer's Agent

Brandon Steffen

Steffen Group Listed on: 02/03/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,239

Year Built

  • Built in 1925

Lot Details

  • 5,428 Sq Ft Lot
  • Lot Dimensions are 59x92
  • Level Lot

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Ceiling Fan

Flooring

  • Wood
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Basement

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

Parking

  • 2 Car Detached Garage
  • Detached Second Garage
  • Off-Street Parking

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Electric Water Heater

Community Details

  • 2 Units
  • Community Storage Space

Listing and Financial Details

  • Tenant pays for cable, cooling, electric, fuel, heating, sewer
  • The owner pays for building insurance, lawn maintenance, maintenance, tax, trash collection, water
  • Assessor Parcel Number 02-07-36-230-020.000-074

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,239

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1925
  • Age: 96
  • Style: Two Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: S 14 FT Lot 52 & ALL LOT 53 Paramount Lace EXT ADD
  • Parcel Number ID: 02-07-36-230-020.000-074
  • Platted: Yes
  • Amenities: Fireplace, Off Street Parking, Storage, Patio Open, Water Heater Electric
  • Location: Near Walking Trail
  • Sp Lp Percent: 100
  • Monthly Gross Income: 1300
  • Special Features: None

Interior Features

  • Total Sq Ft: 3190
  • Total Finished Sq Ft: 2140
  • Above Grade Finished Sq Ft: 2140
  • Below Grade Sq Ft: 1050
  • Price Per Sq Ft: 70.79
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Flooring: Vinyl Tile, Wood
  • Total Below Grade Sq Ft: 1050
  • Number Of Disposals: 2
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Brick
  • Stories: 2
  • Outbuilding: 2nd Detached Garage
  • Outbuilding Sq Ft: 400

Garage/Parking

  • Number Of Parking Spaces: 2

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Hvac: Ceiling Fan
  • Number Of W D Hookups: 1

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 59x92
  • Estimated Lot Sq Ft: 5428
  • Estimated Lot Size Acres: 0.1246
  • Lot Number: 52

Rental Info

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

Tax Info

  • Total Assessed Value: 102800
  • Annual Property Tax: 2239

Multi Family

  • Gross Monthly Rent: 1300
  • Number Of Dryers: 1
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Number Of Washers: 1
  • Num Of2 Bedrooms: 1
  • Number Of 3 Bedrooms: 1
  • Num Of Units Rented: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2021
Closed on
Apr 15, 2021
Sold by
Fair Bennie and Fair Michelle Chambers
Bought by
Door Management Group Llc
Seller's Agent
Brandon Steffen
Steffen Group
Buyer's Agent
Brandon Steffen
Steffen Group
List Price
$151,500
Sold Price
$151,500
Total Days on Market
38
Current Estimated Value
$208,719

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,219
Avg. Annual Appreciation
8.26%
Original Mortgage
$121,200
Outstanding Balance
$110,607
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$100,301

Purchase Details

Listed on
Feb 3, 2021
Closed on
Apr 14, 2021
Sold by
Wetzel Rachel and Silverman Geoffrey
Bought by
Fair Bennie and Fair Michelle Chambers
Seller's Agent
Brandon Steffen
Steffen Group
Buyer's Agent
Brandon Steffen
Steffen Group
List Price
$151,500
Sold Price
$151,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,200
Outstanding Balance
$110,607
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$100,301

Purchase Details

Closed on
Dec 30, 2013
Sold by
Silverman John C
Bought by
Jc Silverman Properties Llc

Purchase Details

Closed on
Jan 7, 2011
Sold by
Silverman Geoffrey L
Bought by
Silverman John C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,750
Interest Rate
4.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 26, 2010
Sold by
Zahm Rick and Zahm Laura
Bought by
Silverman John C and Silverman Geoffrey L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,922
Interest Rate
5.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 18, 2006
Sold by
Stout Michael E and Stout Lori A
Bought by
Zahm Rick and Zahm Laura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,050
Interest Rate
6.46%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Similar Homes in Fort Wayne, IN

  • 2418 Crescent Ave, Fort Wayne, IN 46805

    $235,000

    • 2 Beds
    • 2 Baths
    • 1,586 Sq Ft
    • 2418 Crescent Ave
    • Fort Wayne, IN

    Welcome to 2418 Crescent Avenue, a versatile duplex located in the desirable 46805 zip code. With over 1,500 square feet of finished living space, this property offers 2 bedrooms, 2 full bathrooms, and the flexibility to serve as your personal home or an income-generating rental with 3 separate units. Each unit has been thoughtfully updated to provide modern comforts: Unit 1 boasts new luxury

    Kelly Rader Uptown Realty Group

    Section Image
  • 1703 Cortland Ave, Fort Wayne, IN 46808

    $235,900

    • 6 Beds
    • 2.5 Baths
    • 2,432 Sq Ft
    • 1703 Cortland Ave
    • Fort Wayne, IN

    *NEW PRICE!!!* This charming split duplex, ideally located just outside downtown, offers the perfect combination of convivence and privacy. Each side features 3 spacious bedrooms, with one unit boasting one and a half baths, while the other offers a full bathroom. As you walk in is the living room with the large windows to bring in natural lighting leading you to the kitchen with a private back

    Natasha Peters Coldwell Banker Real Estate Group

    Section Image
  • 1602 Geller St, Fort Wayne, IN 46808

    $155,000

    • 2 Beds
    • 2 Baths
    • 1,604 Sq Ft
    • 1602 Geller St
    • Fort Wayne, IN

    A rare opportunity to own a beautifully updated duplex just minutes from the heart of downtown! Situated on a spacious corner double lot, this turnkey property offers two generous 1 bed / 1 bath units, each with its own private deck — ideal for relaxing or entertaining. Both units have been thoughtfully renovated within the last 1–5 years, blending modern finishes with classic charm. Tenants

    Jordan Wildman eXp Realty, LLC

    Section Image
  • 3511 Kendale Dr, Fort Wayne, IN 46835

    $210,000

    • 4 Beds
    • 2 Baths
    • 1,700 Sq Ft
    • 3511 Kendale Dr
    • Fort Wayne, IN

    MULTIPLE OFFERS IN HAND - Please submit highest and best offers by 5pm on Wednesday, April 23. Offer responses are planned by end of day. - Check out this purpose-built side-by-side duplex in Northeast Fort Wayne! With a total of 1,700sqft, this single story multi-family property features 2 units, each having 2 bedrooms, 1 bathroom, and an attached 1 car garage all on 1 level. All large

    Warren Barnes North Eastern Group Realty

    Section Image
  • 1437 Oakland St, Fort Wayne, IN 46808

    $199,900

    • 5 Beds
    • 2 Baths
    • 2,003 Sq Ft
    • 1437 Oakland St
    • Fort Wayne, IN

    This fully remodeled, income-producing duplex is ideally located just minutes from the heart of downtown Fort Wayne. ALL UNITS AND GARAGE ARE CURRENTLY LEASED, offering immediate cash flow and strong rental appeal. $2255 Monthly! The lower unit features updated flooring, modern lighting, central A/C (2021), and laundry hookups, with potential to convert to a 3-bedroom layout. The upper unit

    Jordan Wildman eXp Realty, LLC

    Section Image
  • 436 E Taber St, Fort Wayne, IN 46803

    $170,000

    • 3 Beds
    • 2 Baths
    • 1,567 Sq Ft
    • 436 E Taber St
    • Fort Wayne, IN

    Well maintained duplex with a very large side yard for those summer activities. There is also a detached garage that can be rented out for additional monthly income. Currently being advertised at $1100/month with utilities included for the lower unit. The upper unit is listed for $695/month with utilities being billed out for anything over $100. Walking distance to Ivan Lebamoff Reservoir Park

    Kathy Hutchins CENTURY 21 Bradley Realty, Inc

    Section Image
  • 919 Parkview Ave, Fort Wayne, IN 46802

    $232,900

    • 5 Beds
    • 3 Baths
    • 2,882 Sq Ft
    • 919 Parkview Ave
    • Fort Wayne, IN

    Investor special brick TRI-Plex located within walking distance to Electric Works across from McCulloch Park. Brand new roof in late 2021. One efficiency unit currented rented @ $350/M. Two 2 bedroom units currently rented at $640/M + $600/M. Investors will see immediate ROI. Landlord pays gas/Water.

    Brandon Stone CENTURY 21 Bradley Realty, Inc

    Section Image
  • 1320 Taylor St, Fort Wayne, IN 46802

    $154,900

    • 2 Beds
    • 2 Baths
    • 1,200 Sq Ft
    • 1320 Taylor St
    • Fort Wayne, IN

    This all brick two story home is in an excellent location, just outside of the West Central neighborhood and walking distance to Electric Works, Mad Anthony Brewery, many other popular parks, restaurants, & more! Perfect as an investment property, this home has been converted to two 1 bed 1 bath studio apartments. Suite 100, on the bottom floor, includes kitchen appliances, a large living area,

    Evan Riecke Encore Sotheby's International Realty

    Section Image
  • 814 Grace Ave, Fort Wayne, IN 46807

    $159,900

    • 2 Beds
    • 2 Baths
    • 1,550 Sq Ft
    • 814 Grace Ave
    • Fort Wayne, IN

    Come see this great investment property located in the 07. Both units have private entrance, spacious living room, nice size bedroom and kitchen. Main unit also has a back patio. Detached garage is not rented but could be. Main floor unit is on an annual lease and upper unit will be available by the end of May.

    David Adelsperger CENTURY 21 Bradley Realty, Inc

    Section Image

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
Door Management Group Llc $151,500 Metropolitan Title & Escrow
Fair Bennie -- Metropolitan Title Of Indian
Jc Silverman Properties Llc -- None Available
Silverman John C -- Metropolitan Title Company
Silverman John C -- Commonwealth-Dreibelbiss Tit
Zahm Rick -- Metropolitan Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fair Bennie $121,200
Previous Owner Silverman John C $70,500
Previous Owner Silverman John C $78,750
Previous Owner Silverman John C $78,922
Previous Owner Zahm Rick $102,050
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2021 04/15/21 Sold $151,500 0.0% $71 / Sq Ft
03/13/2021 03/13/21 Pending -- -- --
02/03/2021 02/03/21 For Sale $151,500 -- $71 / 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 $3,301 $148,600 $22,500 $126,100
2022 $2,955 $131,500 $16,300 $115,200
2021 $2,609 $116,500 $10,100 $106,400
2020 $1,974 $90,200 $8,500 $81,700
2019 $2,239 $102,800 $17,500 $85,300
2018 $2,253 $102,800 $17,500 $85,300
2017 $1,666 $75,300 $7,700 $67,600
2016 $1,613 $74,000 $8,600 $65,400
2014 $1,241 $59,700 $7,200 $52,500
2013 $2,113 $101,800 $9,300 $92,500
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 202103591

Indiana Regional MLS

APN: 02-07-36-230-020.000-074