NOT LISTED FOR SALE

304 E Masterson Ave Fort Wayne, IN 46803

La Rez Neighborhood

Estimated Value: $110,000 - $199,753

5 Beds
4 Baths
2,460 Sq Ft
$69/Sq Ft Est. Value

Last Sold April 19, 2022

Last sale price $167,500 $68 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $1,138/month

12 Days on Market

Highlights

  • Corner Lot
  • Forced Air Heating and Cooling System
  • Vinyl Flooring
  • Covered Patio or Porch

About This Home

As of April 2022

This nicely remodeled Tri-Plex is just minutes from downtown. It has 2 new furnaces, a new roof, new windows, new water heater, updates to the kitchens and bathrooms, and all new flooring and paint. The main floor has 3 nicely sized bedrooms and 2 full bathrooms. Both upstairs units have a kitchen, full bath, living room, and a bedroom. All 3 units are spacious with generously sized rooms and storage. Plenty of on street parking. Small low maintenance yard. The current owner has never leased this home so there is no rental or maintenance history.

Last Agent to Sell the Property

Pete Hilty

Coldwell Banker Real Estate Gr Listed on: 03/08/2022

Coldwell Banker Real Estate Gr

Last Buyer's Agent

Kyle Ness

Ness Bros. Realtors & Auctioneers

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,554

Year Built

  • Built in 1900

Lot Details

  • 4,450 Sq Ft Lot
  • Lot Dimensions are 50x89
  • Corner Lot

Home Design

  • Triplex
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Partially Finished Basement
  • Crawl Space
  • Laundry in Kitchen

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Outdoor Features

  • Covered Patio or Porch

Schools

  • Fairfield Elementary School
  • Kekionga Middle School
  • South Side High School

Utilities

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

Listing and Financial Details

  • Tenant pays for cable
  • The owner pays for electric, fuel, sewer, trash collection, water
  • Assessor Parcel Number 02-12-11-286-001.000-074

Community Details

Overview

  • 3 Units
  • Hamilton Subdivision

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,554

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1900
  • Style: Two Story
  • Bedrooms: 5
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: Lot 174 Ex S 55' Hamiltons 4th Addition
  • Parcel Number ID: 02-12-11-286-001.000-074
  • Platted: Yes
  • Amenities: Deck Open, Porch Covered
  • Special Features: None

Interior Features

  • Total Sq Ft: 3672
  • Total Finished Sq Ft: 2460
  • Above Grade Finished Sq Ft: 2460
  • Below Grade Sq Ft: 1212
  • Basement: Yes
  • Basement Foundation: Crawl, Partial Basement
  • Flooring: Laminate, Vinyl
  • Total Below Grade Sq Ft: 1212

Exterior Features

  • Exterior: Vinyl
  • Stories: 2

Utilities

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

Schools

  • Elementary School: Fairfield

Lot Info

  • Lot Description: Corner
  • Lot Dimensions: 50x89
  • Estimated Lot Sq Ft: 4450
  • Estimated Lot Size Acres: 0.1

Rental Info

  • Lease Term: Negotiable
  • Owner Pays: Electric, Fuel, Sewer, Trash Collection, Water
  • Tenant Pays: Cable

Tax Info

  • Annual Property Tax: 1553.62

Multi Family

  • Number Of Units: 3
  • Num Of1 Bedrooms: 2

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2022
Closed on
Apr 19, 2022
Sold by
Hbs Property Management Llc
Bought by
Batterton Greg W
Seller's Agent
Pete Hilty
Coldwell Banker Real Estate Gr
Buyer's Agent
Kyle Ness
Ness Bros. Realtors & Auctioneers
List Price
$164,900
Sold Price
$167,500
Premium/Discount to List
$2,600
1.58%
Current Estimated Value
$174,726

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,226
Avg. Annual Appreciation
0.27%
Original Mortgage
$125,625
Outstanding Balance
$116,855
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$52,333

Purchase Details

Listed on
May 10, 2021
Closed on
May 26, 2021
Sold by
Hagar Mansoour
Bought by
Hbs Property Management Llc
Seller's Agent
Randy Harvey
Coldwell Banker Real Estate Gr
Buyer's Agent
Pete Hilty
Coldwell Banker Real Estate Gr
List Price
$59,900
Sold Price
$59,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
213.48%

Purchase Details

Listed on
Jun 11, 2019
Closed on
Aug 10, 2019
Sold by
U S Bank National Association
Bought by
Hagar Mansoour
Seller's Agent
Randy Harvey
Coldwell Banker Real Estate Gr
Buyer's Agent
Randy Harvey
Coldwell Banker Real Estate Gr
List Price
$24,900
Sold Price
$25,900
Premium/Discount to List
$1,000
4.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
58.92%

Purchase Details

Closed on
Jan 8, 2019
Sold by
Tinker Darnell
Bought by
Us Bank National Association

Purchase Details

Closed on
Dec 20, 2013
Sold by
Tinker Darnell
Bought by
Finan Michelle P

Purchase Details

Closed on
Mar 8, 2010
Sold by
Storry Luevenia
Bought by
Tinker Darnell
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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
Batterton Greg W $167,500 Christoff Joseph A
Hbs Property Management Llc -- None Listed On Document
Hagar Mansoour -- None Available
Us Bank National Association $47,700 None Available
Finan Michelle P -- None Available
Tinker Darnell -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Batterton Greg W $125,625
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/19/2022 04/19/22 Sold $167,500 +1.6% $68 / Sq Ft
03/20/2022 03/20/22 Pending -- -- --
03/17/2022 03/17/22 For Sale $164,900 0.0% $67 / Sq Ft
03/08/2022 03/08/22 Pending -- -- --
03/08/2022 03/08/22 For Sale $164,900 +175.3% $67 / Sq Ft
05/26/2021 05/26/21 Sold $59,900 0.0% $24 / Sq Ft View Prior Sale
05/12/2021 05/12/21 Pending -- -- --
05/10/2021 05/10/21 For Sale $59,900 +131.3% $24 / Sq Ft
08/05/2019 08/05/19 Sold $25,900 +4.0% $11 / Sq Ft View Prior Sale
07/08/2019 07/08/19 Pending -- -- --
06/11/2019 06/11/19 For Sale $24,900 -- $10 / 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
2025 $2,673 $206,900 $16,500 $190,400
2024 $3,386 $116,900 $8,500 $108,400
2022 $1,305 $58,400 $7,300 $51,100
2021 $1,772 $79,100 $9,200 $69,900
2020 $1,554 $71,000 $1,000 $70,000
2019 $881 $52,400 $1,000 $51,400
2018 $1,142 $67,200 $1,000 $66,200
2017 $727 $42,400 $1,000 $41,400
2016 $648 $38,300 $1,000 $37,300
2014 $323 $20,300 $1,300 $19,000
2013 $1,117 $53,800 $1,300 $52,500
Source: Public Records

Agents Affiliated with this Home

  • Pete Hilty

    Seller's Agent in 2022

    Pete Hilty

    Coldwell Banker Real Estate Gr

    (260) 705-8077

    3 in this area

    108 Total Sales

    Pete Hilty
    Section Image
  • Kyle Ness

    Buyer's Agent in 2022

    Kyle Ness

    Ness Bros. Realtors & Auctioneers

    (260) 417-2056

    3 in this area

    183 Total Sales

    Kyle Ness
    Section Image
  • Randy Harvey

    Seller's Agent in 2021

    Randy Harvey

    Coldwell Banker Real Estate Gr

    (260) 413-2854

    1 in this area

    272 Total Sales

    Randy Harvey
    Section Image
See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 202207346

Indiana Regional MLS

APN: 02-12-11-286-001.000-074

Indiana Allen County Fort Wayne 46803 La Rez

304 E Masterson Ave, Fort Wayne, IN

Not Listed for Sale

MultiFamily

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