NOT LISTED FOR SALE

Estimated Value: $139,000 - $193,000

5 Beds
2 Baths
2,552 Sq Ft
$64/Sq Ft Est. Value

Last Sold May 03, 2019

Last sale price $61,900 $24 Per Sq Ft

Est. 162% increase in value since last sale

Current estimated payment $1,096/month

5 Days on Market

Highlights

  • Traditional Architecture
  • Ceiling Fan
  • Carpet
  • Forced Air Heating System
  • Level Lot
  • 3-minute walk to Williams Park

About This Home

As of May 2019

Perfect investment opportunity: Full house and apartment!!! Home has a low maintenance exterior, newer roof, has been through City of Fort Wayne's lead based paint abatement program, and has separate utility systems. Convenient location in close proximity to schools & shopping and on Citi-Link Bus Line. Zoned CMD. Building was once a tri-plex. Parking in rear and on street. Both units are leased.

Last Agent to Sell the Property

Yvonne Smith

Coldwell Banker Real Estate Gr Listed on: 03/28/2019

Coldwell Banker Real Estate Gr

Last Buyer's Agent

Heather Klejnot

Coldwell Banker Real Estate Gr

Coldwell Banker Real Estate Gr

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,150

Year Built

  • Built in 1900

Lot Details

  • 4,123 Sq Ft Lot
  • Lot Dimensions are 31x133
  • Level Lot

Home Design

  • Duplex
  • Traditional Architecture
  • Poured Concrete
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Laundry in Kitchen
  • Partially Finished Basement

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • On-Street Parking
  • Off-Street Parking

Location

  • Suburban Location

Schools

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

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for cable, cooling, electric, fuel, heating, lawn maintenance, sewer, snow removal, trash collection, water
  • The owner pays for building insurance, tax
  • Assessor Parcel Number 02-12-14-256-027.000-074

Community Details

Overview

  • 2 Units
  • Cours Subdivision

Pet Policy

  • Pet Restriction

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $800
  • Maintenance Expense $1,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,150

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1900
  • Age: 119
  • Style: Two Story
  • Architectural Style: Traditional
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 5
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: N 31 of S 45 Lot 8 Cours Sub |
  • Parcel Number ID: 02-12-14-256-027.000-074
  • Platted: Yes
  • Amenities: Ceiling Fan, Off Street Parking, Water Heater Gas
  • Cross Street: Wildwood
  • Location: City/Town/Suburb
  • Sp Lp Percent: 89.71
  • Monthly Gross Income: 1125
  • Year Taxes Payable: 2019
  • Special Features: None

Interior Features

  • Total Sq Ft: 3344
  • Total Finished Sq Ft: 2552
  • Above Grade Finished Sq Ft: 2552
  • Below Grade Sq Ft: 792
  • Price Per Sq Ft: 24.26
  • Basement: Yes
  • Basement Foundation: Partial Basement
  • Basement Material: Poured Concrete
  • Flooring: Carpet, Vinyl
  • Total Below Grade Sq Ft: 792
  • Number Of Ranges Ovens: 2

Exterior Features

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

Garage/Parking

  • Number Of Parking Spaces: 2
  • Parking: Street

Utilities

  • Cooling: Window
  • Heating Fuel: Gas, Forced Air
  • Sewer: City, Public
  • Water Utilities: City, Public
  • Electric Company: AEP/I&M
  • Gas Company: NIPSCO
  • Water Company: Fort Wayne City Utilities
  • Annual Insurance Expense: 800
  • Annual Maintenance Expense: 1000
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Of W D Hookups: 2
  • Number Water Meters: 2

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 31x133
  • Estimated Lot Sq Ft: 4123
  • Estimated Lot Size Acres: 0.09
  • Lot Number: 8

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Building Insurance, Tax
  • Tenant Pays: Cable, Cooling, Electric, Fuel, Heating, Lawn Maintenance, Sewer, Snow Removal, Trash Collection, Water

Multi Family

  • Gross Monthly Rent: 1125
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of1 Bedrooms: 1
  • Number Of 4 Bedrooms: 1
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 1150

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 21, 2021
Sold by
Augustine David L
Bought by
I Love Fort Wayne Rentals Llc
Current Estimated Value
$162,486

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,000
Outstanding Balance
$126,975
Interest Rate
3.14%
Mortgage Type
New Conventional
Estimated Equity
$35,511

Purchase Details

Closed on
Dec 1, 2021
Sold by
I Love Fort Wayne Rentals Llc
Bought by
Augustine David L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,000
Outstanding Balance
$126,975
Interest Rate
3.14%
Mortgage Type
New Conventional
Estimated Equity
$35,511

Purchase Details

Closed on
Jan 5, 2004
Sold by
Orranson Holdings Llc
Bought by
Benson Dawn J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,550
Interest Rate
5.91%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
I Love Fort Wayne Rentals Llc -- None Available
Augustine David L -- Trademark Title
Benson Dawn J -- Three Rivers Title Co Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Augustine David L $138,000
Previous Owner Benson Dawn J $53,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/03/2019 05/03/19 Sold $61,900 -10.3% $24 / Sq Ft
04/02/2019 04/02/19 Pending -- -- --
03/28/2019 03/28/19 For Sale $69,000 -- $27 / 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 $2,807 $116,200 $13,700 $102,500
2022 $2,457 $109,300 $10,600 $98,700
2021 $1,344 $60,000 $1,900 $58,100
2020 $1,243 $56,800 $2,000 $54,800
2019 $997 $45,800 $1,900 $43,900
2018 $1,260 $57,500 $3,100 $54,400
2017 $1,040 $47,000 $3,900 $43,100
2016 $683 $32,200 $2,800 $29,400
2014 $692 $33,300 $3,200 $30,100
2013 $654 $31,500 $3,200 $28,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201910825

Indiana Regional MLS

APN: 02-12-14-256-027.000-074