NOT LISTED FOR SALE

Estimated Value: $88,000 - $94,000

3 Beds
1 Bath
896 Sq Ft
$101/Sq Ft Est. Value

Last Sold September 14, 2016

Last sale price $9,000 $10 Per Sq Ft

Est. 904% increase in value since last sale

Current estimated payment $595/month

18 Days on Market

Highlights

  • Forced Air Heating System
  • Wood Siding
  • 1-Story Property
  • Level Lot
  • Carpet

About This Home

As of September 2016

INVESTORS! This is a great cash flowing investment property that you do not want to miss out on! Will not last long!

Last Agent to Sell the Property

Michelle Bright

Eisaman Real Estate Inc Listed on: 08/26/2016

Co-Listed By

Paul Eisaman Jr.

Eisaman Real Estate Inc

Last Buyer's Agent

Aaron Shively

Pinnacle Group Real Estate Services

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Lot Details

  • 4,609 Sq Ft Lot
  • Lot Dimensions are 36x128
  • Level Lot

Home Design

  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Schools

  • Lincoln Elementary School
  • Shawnee Middle School
  • Northrop High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • Drexel Park Subdivision

Listing and Financial Details

  • Tenant pays for electric, lawn maintenance, sewer, trash collection, water
  • Assessor Parcel Number 02-12-13-253-028.000-074

Property Details

Home Type

Multi-Family

Year Built

Built in 1930

Lot Details

4,609 Sq Ft Lot

Listing Details

  • Class: INVESTMENT
  • Year Built: 1930
  • Style: One Story
  • Bedrooms: 3
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: LOT 134 DREXEL PARK ADD |
  • Parcel Number ID: 02-12-13-253-028.000-074
  • Platted: Yes
  • Amenities: Basement
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 1792
  • Total Finished Sq Ft: 896
  • Above Grade Finished Sq Ft: 896
  • Below Grade Sq Ft: 896
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Flooring: Carpet, Vinyl
  • Total Below Grade Sq Ft: 896
  • Number Of Ranges Ovens: 1

Exterior Features

  • Exterior: Wood
  • Stories: 1

Utilities

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

Schools

  • Elementary School: Lincoln

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 36X128
  • Estimated Lot Sq Ft: 4609
  • Estimated Lot Size Acres: 0.1058
  • Lot Number: 134

Rental Info

  • Lease Term: 1 Year
  • Tenant Pays: Electric, Lawn Maintenance, Sewer, Trash Collection, Water

Tax Info

  • Annual Property Tax: 266

Multi Family

  • Number Of Refrigerators: 1
  • Number Of Units: 1

MLS Schools

  • High School: Northrop
  • Middle School: Shawnee
  • School District: Fort Wayne Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2016
Closed on
Sep 13, 2016
Sold by
Filnley Properties Llc
Bought by
Invvestmentgroup Emerson
Seller's Agent
Michelle Bright
Eisaman Real Estate Inc
Buyer's Agent
Aaron Shively
Pinnacle Group Real Estate Services
List Price
$14,000
Sold Price
$9,000
Premium/Discount to List
-$5,000
-35.71%
Current Estimated Value
$90,347

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,347
Avg. Annual Appreciation
27.41%

Purchase Details

Closed on
Jul 28, 2003
Sold by
Tippmann Eugene R and Tippmann Eugene
Bought by
Finley Brian and Finley Jessica L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,400
Interest Rate
5.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 20, 2002
Sold by
Tippman James E
Bought by
Tippman Eugene R

Purchase Details

Closed on
Nov 13, 2002
Sold by
Williams Charles L and Williams Valerie L
Bought by
Tippmann James E
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Invvestmentgroup Emerson -- None Available
Finley Brian -- Commonwealth/Dreibelbiss Tit
Tippman Eugene R -- --
Tippmann James E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Finley Brian $234,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/14/2016 09/14/16 Sold $9,000 -35.7% $10 / Sq Ft
09/13/2016 09/13/16 Pending -- -- --
08/26/2016 08/26/16 For Sale $14,000 -- $16 / Sq Ft
Source: Indiana Regional MLS

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 $1,431 $58,300 $15,300 $43,000
2024 $1,248 $62,600 $15,300 $47,300
2022 $930 $41,400 $6,800 $34,600
2021 $602 $26,900 $6,800 $20,100
2020 $663 $30,300 $1,100 $29,200
2019 $510 $23,400 $1,100 $22,300
2018 $546 $24,900 $1,100 $23,800
2017 $509 $23,000 $1,100 $21,900
2016 $475 $21,800 $1,100 $20,700
2014 $289 $13,900 $1,100 $12,800
2013 $278 $13,400 $1,100 $12,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201640119

Indiana Regional MLS

APN: 02-12-13-253-028.000-074

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