NOT LISTED FOR SALE

Estimated Value: $178,000 - $194,000

5 Beds
3 Baths
1,868 Sq Ft
$99/Sq Ft Est. Value

Last Sold August 26, 2019

Last sale price $67,500 $36 Per Sq Ft

Est. 175% increase in value since last sale

Current estimated payment $1,178/month

11 Days on Market

Highlights

  • Eat-In Kitchen
  • Forced Air Heating System
  • Level Lot

About This Home

As of August 2019

Great opportunity to be a Landlord! Well-priced and well-maintained property held by the same owner for 18 years. Located in a great rental neighborhood. 2-Bedroom units and a Studio.

Last Agent to Sell the Property

Laura Martinez

Coldwell Banker Real Estate Gr Listed on: 07/09/2019

Coldwell Banker Real Estate Gr

Last Buyer's Agent

John Schindler

Coldwell Banker Real Estate Gr

Coldwell Banker Real Estate Gr

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,010

Year Built

  • Built in 1930

Lot Details

  • 2,178 Sq Ft Lot
  • Lot Dimensions are 40 x 150
  • Level Lot

Home Design

  • Triplex
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Laminate Flooring
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Partially Finished Basement

  • Exterior Basement Entry
  • Block Basement Construction

Parking

  • 3 Parking Spaces
  • Gravel Driveway
  • On-Street Parking
  • Off-Street Parking

Location

  • Suburban Location

Schools

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

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for cable, electric, heating
  • The owner pays for building insurance, maintenance, sewer, trash collection, water
  • Assessor Parcel Number 02-12-11-407-029.000-074

Community Details

Overview

  • 3 Units

Pet Policy

  • Pet Restriction

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $942
  • Maintenance Expense $500
  • Water Sewer Expense $1,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,010

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1930
  • Age: 89
  • Style: Two Story
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 5
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: E 40ft Lot 89 Williams Add
  • Parcel Number ID: 02-12-11-407-029.000-074
  • Platted: Yes
  • Amenities: Off Street Parking, Eat-In Kitchen, Water Heater Gas
  • Cross Street: Webster
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Section Number: 11
  • Sp Lp Percent: 84.38
  • Annual Miscellaneous: 100
  • Monthly Gross Income: 1010
  • Year Taxes Payable: 2018/2019
  • Special Features: None

Interior Features

  • Total Sq Ft: 2937
  • Total Finished Sq Ft: 1868
  • Above Grade Finished Sq Ft: 1868
  • Below Grade Sq Ft: 1069
  • Price Per Sq Ft: 36.13
  • Basement: Yes
  • Basement Foundation: Outside Entrance Only, Partial Basement
  • Basement Material: Block
  • Flooring: Laminate
  • Total Below Grade Sq Ft: 1069
  • Number Of Ranges Ovens: 3

Exterior Features

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

Garage/Parking

  • Number Of Parking Spaces: 3
  • Parking: Gravel, Off Street, Street

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: AEP/I&M
  • Gas Company: NIPSCO
  • Water Company: Fort Wayne City Utilities
  • Annual Insurance Expense: 942
  • Annual Maintenance Expense: 500
  • Annual Water Sewer Expense: 1200
  • Number Electric Meters: 3
  • Number Gas Meters: 3
  • Number Water Meters: 1

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 40 x 150
  • Estimated Lot Sq Ft: 2178
  • Estimated Lot Size Acres: 0.05
  • Lot Number: 89

Rental Info

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

Multi Family

  • Gross Monthly Rent: 1010
  • Number Of Refrigerators: 3
  • Number Of Units: 3
  • Num Of2 Bedrooms: 2
  • Num Of Efficiencies: 1
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 1010

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 22, 2025
Sold by
Indiana Home Solutions Llc
Bought by
Birdman Llc
Current Estimated Value
$185,393

Purchase Details

Closed on
Jan 21, 2025
Sold by
Fitzgerald Riley R
Bought by
Indiana Home Solutions Llc

Purchase Details

Listed on
Jul 9, 2019
Closed on
Aug 26, 2019
Sold by
Vazquez Jose L
Bought by
Fitzgerald Riley R
Seller's Agent
Laura Martinez
Coldwell Banker Real Estate Gr
Buyer's Agent
John Schindler
Coldwell Banker Real Estate Gr
List Price
$80,000
Sold Price
$67,500
Premium/Discount to List
-$12,500
-15.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.92%
Original Mortgage
$50,625
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 21, 2001
Sold by
Steinke Timothy S
Bought by
Vazquez Jose L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,119
Interest Rate
7.06%
Source: Public Records

Range of Values:

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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
Birdman Llc $175,000 Centurion Land Title
Indiana Home Solutions Llc $150,000 Centurion Land Title
Fitzgerald Riley R $67,500 Riverbend Title Llc
Vazquez Jose L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fitzgerald Riley R $50,625
Previous Owner Vazquez Jose L $56,119
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/26/2019 08/26/19 Sold $67,500 -15.6% $36 / Sq Ft
07/20/2019 07/20/19 Pending -- -- --
07/09/2019 07/09/19 For Sale $80,000 -- $43 / 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 $2,341 $157,400 $20,700 $136,700
2023 $2,341 $102,400 $20,700 $81,700
2022 $2,227 $99,100 $12,800 $86,300
2021 $1,653 $73,800 $5,200 $68,600
2020 $1,615 $73,800 $5,200 $68,600
2019 $1,607 $73,800 $5,200 $68,600
2018 $1,011 $46,100 $5,200 $40,900
2017 $861 $38,900 $5,200 $33,700
2016 $839 $38,500 $5,200 $33,300
2014 $474 $22,800 $5,300 $17,500
2013 $471 $22,700 $5,300 $17,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201928942

Indiana Regional MLS

APN: 02-12-11-407-029.000-074