NOT LISTED FOR SALE

Estimated Value: $273,000 - $329,300

4 Beds
3 Baths
3,971 Sq Ft
$78/Sq Ft Est. Value

Last Sold October 20, 2017

Last sale price $158,266 $40 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $1,998/month

59 Days on Market

Highlights

  • Wood Flooring
  • 1 Car Detached Garage
  • Laundry closet
  • Corner Lot
  • Built-in Bookshelves
  • Forced Air Heating and Cooling System

About This Home

As of October 2017

Superb opportunity to invest in a historical home that is perfect for owner occupied or solid investment. Each unit has access to finished basement area for storage and utility access. Two car garage can be shared by both tenants. Lovely large patio is enjoyed by both tenants and great for entertaining guests. The unit up has beautiful natural wood work and both units have amazing built ins. Each unit has its own washer and dryer so tenants don't have to bother with laundromat. Charm abounds with gorgeous hardwoods and updated baths in both units. Extra storage for tenants in the HUGE walk up attic and finished basement. This could be a great way for a buyer to manage their property by living in one unit and renting out the other unit and virtually having a tenant cover most of your mortgage payment. Hurry to check this one out! Close to downtown and other city conveniences.

Last Agent to Sell the Property

Angela Palm

The Douglass Home Team, LLC Listed on: 06/15/2017

Last Buyer's Agent

Tim Haber

CENTURY 21 Bradley Realty, Inc

CENTURY 21 Bradley Realty, Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,924

Year Built

  • Built in 1935

Lot Details

  • 0.83 Acre Lot
  • Lot Dimensions are 89x103
  • Wood Fence
  • Corner Lot

Home Design

  • Duplex
  • Brick Exterior Construction
  • Slate Roof

Interior Spaces

  • 2-Story Property
  • Built-in Bookshelves
  • Ceiling Fan
  • Wood Flooring
  • Partially Finished Basement
  • 1 Bathroom in Basement
  • Laundry closet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Attic

  • Storage In Attic
  • Walkup Attic

Parking

  • 1 Car Detached Garage
  • Driveway

Utilities

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

Listing and Financial Details

  • Tenant pays for cable, cooling, electric, fuel, heating, deposit value
  • The owner pays for building insurance, lawn maintenance, sewer, tax, trash collection, water
  • Assessor Parcel Number 02-07-36-230-001.000-174

Community Details

Pet Policy

  • Pet Restriction

Building Details

  • Insurance Expense $1,960
  • Maintenance Expense $1,041
  • Trash Expense $150
  • Water Sewer Expense $960

Additional Features

  • 2 Units
  • Community Storage Space

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,924

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1935
  • Age: 82
  • Style: Two Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: Lots 50-51 EX S14FT LOT 52 PARAMOUNT PLACE EXT ADD
  • Parcel Number ID: 02-07-36-230-001.000-174
  • Platted: Yes
  • Amenities: Basement, Ceiling Fan, Fireplace, Storage, Attic Storage, Attic-Walk-up, Built-In Bookcase
  • Inside City Limits: Yes
  • Sp Lp Percent: 86.53
  • Annual Miscellaneous: 799
  • Monthly Gross Income: 1400
  • Special Features: None

Interior Features

  • Total Sq Ft: 4376
  • Total Finished Sq Ft: 3971
  • Above Grade Finished Sq Ft: 2702
  • Below Grade Finished Sq Ft: 1269
  • Below Grade Sq Ft: 405
  • Basement: Yes
  • Basement Foundation: Partially Finished
  • Flooring: Wood
  • Number Below Grade Bathrooms: 1
  • Total Below Grade Sq Ft: 1674
  • Number Of Ranges Ovens: 2
  • Number Ttl Rooms Below Grade: 2

Exterior Features

  • Exterior: Brick
  • Roof Material: Slate
  • Fence: Wood
  • Stories: 2

Garage/Parking

  • Driveway: Concrete
  • Number Of Parking Spaces: 2
  • Parking: Garage, Private

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Indiana Michigan Power
  • Gas Company: NIPSCO
  • Annual Insurance Expense: 1960
  • Annual Maintenance Expense: 1041
  • Annual Trash Expense: 150
  • Annual Water Sewer Expense: 960
  • Number Of W D Hookups: 2

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

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

Lot Info

  • Lot Description: Corner
  • Lot Dimensions: 89x103
  • Estimated Lot Sq Ft: 36155
  • Estimated Lot Size Acres: 0.83
  • Lot Number: 50

Rental Info

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

Multi Family

  • Gross Monthly Rent: 1400
  • Number Of Dishwashers: 2
  • Number Of Dryers: 2
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Number Of Washers: 2
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 3923.54

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 18, 2023
Sold by
Persing Timothy E and Bazur-Persing Loretta L
Bought by
Goodkarma Rentals Llc
Total Days on Market
59
Current Estimated Value
$309,825

Purchase Details

Closed on
Mar 24, 2020
Sold by
Persing Timothy E and Persing Loretta L
Bought by
Persing Timothy E and Persing Loretta

Purchase Details

Closed on
Apr 19, 2019
Sold by
Kahlenbeck William R and Kahlenbeck Betty J
Bought by
Persing Timothy E and Bazur Persing Loretta L

Purchase Details

Listed on
Jun 15, 2017
Closed on
Oct 20, 2017
Sold by
Kahlenbeck William R and Kahlenbeck Betty J
Bought by
Persing Timothy E and Bazur Persing Lorette L
Seller's Agent
Angela Palm
The Douglass Home Team, LLC
Buyer's Agent
Tim Haber
CENTURY 21 Bradley Realty, Inc
List Price
$189,900
Sold Price
$158,266
Premium/Discount to List
-$31,634
-16.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.87%

Purchase Details

Closed on
Nov 20, 2008
Sold by
Snyder Floridene
Bought by
Kahlenbeck William R and Kahlenbeck Betty J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,567
Interest Rate
6.04%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 13, 2003
Sold by
Kahlenbeck Chad A
Bought by
Floridene Snyder Living Trust and Snyder Floridene
Source: Public Records

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Range of Values:

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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
Goodkarma Rentals Llc -- None Listed On Document
Persing Timothy E -- None Listed On Document
Persing Timothy E $158,266 Fidelity National Ttl Co Llc
Persing Timothy E $158,266 Fidelity Natl Title Co Llc
Kahlenbeck William R -- Metropolitan Title Of In
Floridene Snyder Living Trust -- Metropolitan Title In Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Persing Timothy E $50,000
Previous Owner Bazur-Persing Loretta L $75,000
Previous Owner Kahlenbeck William R $102,951
Previous Owner Kahlenbeck William R $108,567
Closed Persing Timothy E $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2017 10/20/17 Sold $158,266 -16.7% $40 / Sq Ft
08/13/2017 08/13/17 Pending -- -- --
06/15/2017 06/15/17 For Sale $189,900 -- $48 / 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 $3,220 $292,500 $71,300 $221,200
2022 $2,408 $165,900 $36,200 $129,700
2021 $2,123 $147,600 $23,800 $123,800
2020 $2,108 $147,600 $23,800 $123,800
2019 $2,222 $152,300 $23,800 $128,500
2018 $3,333 $152,300 $23,800 $128,500
2017 $2,909 $205,000 $23,800 $181,200
2016 $3,924 $180,300 $23,800 $156,500
2014 $2,556 $123,100 $15,700 $107,400
2013 $2,553 $123,100 $15,700 $107,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201727455

Indiana Regional MLS

APN: 02-07-36-230-001.000-074