NOT LISTED FOR SALE

3316 Broadway Fort Wayne, IN 46807

Broad River Neighborhood

Estimated Value: $121,000 - $147,422

4 Beds
2 Baths
1,609 Sq Ft
$83/Sq Ft Est. Value

Last Sold August 07, 2020

Last sale price $57,000 $35 Per Sq Ft

Est. 140% increase in value since last sale

Current estimated payment $855/month

2 Days on Market

Highlights

  • Fenced Yard
  • Baseboard Heating
  • Carpet
  • Forced Air Heating System
  • Level Lot

About This Home

As of August 2020

Money Making Duplex in the 07' close to The Clyde and Foster Park and just down the road from downtown and Jefferson Point. Charming yard, Vinyl Siding, Vinyl Windows, Fenced Yard and off Street Parking. 5 year old furnace in Lower Apt. Long term tenants in both units. (2/1 up and 2/1 down)

Last Agent to Sell the Property

David Horstman

Perfect Location Realty Listed on: 07/28/2020

Last Buyer's Agent

Jordan Wildman

eXp Realty, LLC

eXp Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,132

Year Built

  • Built in 1918

Lot Details

  • 5,125 Sq Ft Lot
  • Lot Dimensions are 41x125
  • Fenced Yard
  • Wood Fence
  • Chain Link Fence
  • Level Lot

Parking

  • Off-Street Parking

Home Design

  • Duplex

Interior Spaces

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

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Schools

  • South Wayne Elementary School
  • Portage Middle School
  • South Side High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Baseboard Heating
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for cooling, electric, heating
  • The owner pays for sewer, tax, trash collection, water
  • Assessor Parcel Number 02-12-15-281-009.000-074

Community Details

Overview

  • 2 Units
  • High Banks Of Dinnens Subdivision

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Insurance Expense $550
  • Maintenance Expense $400
  • Water Sewer Expense $1,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,132

Year Built

Built in 1918

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1918
  • Style: Two Story
  • Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Lot 13 High Banks of Dinnens Sub. Addition
  • Parcel Number ID: 02-12-15-281-009.000-074
  • Platted: Yes
  • Amenities: Basement, Fenced Yard, Off Street Parking, Near Walking Trail
  • Special Features: None

Interior Features

  • Total Sq Ft: 2205
  • Total Finished Sq Ft: 1609
  • Above Grade Finished Sq Ft: 1609
  • Below Grade Sq Ft: 596
  • Basement: Yes
  • Basement Foundation: Partial Basement
  • Flooring: Carpet, Vinyl
  • Total Below Grade Sq Ft: 596
  • Number Of Ranges Ovens: 2
  • Number Ttl Rooms Below Grade: 1

Exterior Features

  • Exterior: Aluminum
  • Fence: Chain Link, Wood
  • Stories: 2

Utilities

  • Cooling: Window
  • Heating Fuel: Electricity, Gas, Baseboard, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 550
  • Annual Maintenance Expense: 400
  • Annual Water Sewer Expense: 1200
  • Number Electric Meters: 2
  • Number Gas Meters: 1
  • Number Of W D Hookups: 1
  • Number Water Meters: 1

Schools

  • Elementary School: South Wayne

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 41x125
  • Estimated Lot Sq Ft: 5125
  • Estimated Lot Size Acres: 0.1177

Rental Info

  • Lease Term: Month to Month, Negotiable
  • Owner Pays: Sewer, Tax, Trash Collection, Water
  • Tenant Pays: Cooling, Electric, Heating

Tax Info

  • Annual Property Tax: 1132

Multi Family

  • Number Of Dishwashers: 1
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of2 Bedrooms: 2

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 27, 2023
Sold by
Hippert Family Trust
Bought by
Kaykay Properties Trust
Current Estimated Value
$136,636

Purchase Details

Closed on
Feb 24, 2023
Sold by
Hippert Family Trust
Bought by
Kaykay Properties Trust

Purchase Details

Listed on
Jul 28, 2020
Closed on
Aug 7, 2020
Sold by
Shull C and 3316 Broadway 46807 Land Trust
Bought by
Hippert Family Trust and Hippert
Seller's Agent
David Horstman
Perfect Location Realty
Buyer's Agent
Jordan Wildman
eXp Realty, LLC
List Price
$49,900
Sold Price
$57,000
Premium/Discount to List
$7,100
14.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.27%

Purchase Details

Closed on
Sep 20, 2004
Sold by
Ottaco Acceptance Inc
Bought by
Shull C and 3316 Broadway/46807 Land Trust

Purchase Details

Closed on
May 1, 2003
Sold by
First National Bank Of America
Bought by
Ottaco Acceptance Inc

Purchase Details

Closed on
Sep 18, 2002
Sold by
Mattingly John E
Bought by
First National Bank Of America
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
Kaykay Properties Trust -- None Listed On Document
Kaykay Properties Trust -- --
Hippert Family Trust -- None Listed On Document
Shull C -- --
Ottaco Acceptance Inc -- --
First National Bank Of America $237,307 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/07/2020 08/07/20 Sold $57,000 +14.2% $35 / Sq Ft
07/30/2020 07/30/20 Pending -- -- --
07/28/2020 07/28/20 For Sale $49,900 -- $31 / 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 $1,628 $106,000 $19,400 $86,600
2022 $1,576 $70,100 $11,900 $58,200
2021 $1,073 $47,900 $4,000 $43,900
2020 $856 $39,100 $3,600 $35,500
2019 $1,132 $52,000 $4,900 $47,100
2018 $783 $35,700 $4,900 $30,800
2017 $708 $32,000 $4,900 $27,100
2016 $658 $30,200 $4,900 $25,300
2014 $478 $23,000 $4,200 $18,800
2013 $571 $27,500 $5,000 $22,500
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2020

    David Horstman

    Perfect Location Realty

    (260) 450-3345

    17 Total Sales

    David Horstman
    Section Image
  • Jordan Wildman

    Buyer's Agent in 2020

    Jordan Wildman

    eXp Realty, LLC

    (260) 498-0384

    1 in this area

    262 Total Sales

    Jordan Wildman
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202029308

Indiana Regional MLS

APN: 02-12-15-281-009.000-074

Indiana Allen County Fort Wayne 46807 Broad River

3316 Broadway, Fort Wayne, IN

Not Listed for Sale

MultiFamily

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