NOT LISTED FOR SALE

3324 Broadway Fort Wayne, IN 46807

Broad River Neighborhood

Estimated Value: $128,000 - $209,000

2 Beds
2 Baths
1,391 Sq Ft
$115/Sq Ft Est. Value

Last Sold August 07, 2017

Last sale price $30,000 $22 Per Sq Ft

Est. 435% increase in value since last sale

Current estimated payment $1,014/month

11 Days on Market

Highlights

  • 42 Feet of Waterfront
  • 2 Car Detached Garage
  • Covered Deck
  • Cape Cod Architecture
  • Eat-In Kitchen
  • Tile Flooring

About This Home

As of August 2017

Come see this great investment opportunity on the St. Mary's River! This 2-Unit Duplex is easy to rent and easy to move in new tenants. Cash only, close in 14 days. Look quick, because this house won't last long! Recent improvements: roof 6 years old- $6000, 7 year old deck- $3000, plumbing 5 years- $2000, foundation 2015- $2000

Last Agent to Sell the Property

Robert Griebel

Coldwell Banker Real Estate Gr Listed on: 07/20/2017

Coldwell Banker Real Estate Gr

Co-Listed By

Joel Griebel

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

Year Built

  • Built in 1920

Lot Details

  • 7,100 Sq Ft Lot
  • Lot Dimensions are 42x171
  • 42 Feet of Waterfront
  • Chain Link Fence
  • Level Lot
  • Irregular Lot

Home Design

  • Duplex
  • Cape Cod Architecture
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Eat-In Kitchen

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Partially Finished Basement

  • Block Basement Construction
  • Laundry in Basement

Parking

  • 2 Car Detached Garage
  • Gravel Driveway

Outdoor Features

  • Covered Deck

Schools

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

Utilities

  • Forced Air Heating System
  • Baseboard Heating
  • Heating System Uses Gas
  • The river is a source of water for the property

Listing and Financial Details

  • The owner pays for electric, heating
  • Assessor Parcel Number 02-12-15-281-011.000-074

Community Details

Overview

  • 2 Units
  • High Banks Of Dinnens Subdivision

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $1,200
  • Fuel Expense $1,600
  • Insurance Expense $550
  • Maintenance Expense $100
  • Water Sewer Expense $950

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Waterfront: Yes
  • Year Built: 1920
  • Style: Two Story
  • Architectural Style: Cape Cod
  • Bedrooms: 2
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: LOT 15 HIGH BANKS OF DINNENS SUB ADD |
  • Parcel Number ID: 02-12-15-281-011.000-074
  • Platted: Yes
  • Amenities: Deck Covered, Eat-In Kitchen
  • Special Features: None

Interior Features

  • Total Sq Ft: 2014
  • Total Finished Sq Ft: 1391
  • Above Grade Finished Sq Ft: 1391
  • Below Grade Sq Ft: 623
  • Basement: Yes
  • Basement Foundation: Partial Basement
  • Basement Material: Block
  • Flooring: Carpet, Tile
  • Total Below Grade Sq Ft: 623
  • Number Of Ranges Ovens: 1

Exterior Features

  • Exterior: Wood
  • Roof Material: Asphalt
  • Fence: Chain Link
  • Water Frontage: 42
  • Stories: 2

Garage/Parking

  • Driveway: Gravel
  • Number Of Parking Spaces: 3

Utilities

  • Heating Fuel: Electricity, Gas, Baseboard, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: AEP/I&M
  • Gas Company: NIPSCO
  • Water Type: River
  • Annual Electric: 1200
  • Annual Fuel Expense: 1600
  • Annual Insurance Expense: 550
  • Annual Maintenance Expense: 100
  • Annual Water Sewer Expense: 950
  • Number Electric Meters: 1
  • Number Gas Meters: 1
  • Number Water Meters: 1

Schools

  • Elementary School: South Wayne

Lot Info

  • Lot Description: Irregular, Level, Waterfront
  • Lot Dimensions: 42X171
  • Estimated Lot Sq Ft: 7100
  • Estimated Lot Size Acres: 0.16
  • Lot Number: 15

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Electric, Heating

Tax Info

  • Annual Property Tax: 767.4

Multi Family

  • Number Of Refrigerators: 1
  • Number Of Units: 2
  • Num Of1 Bedrooms: 2
  • Num Of Efficiencies: 1

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
Dec 21, 2021
Sold by
Augustine David L
Bought by
Ll & G Rentals Llc
Current Estimated Value
$160,553

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,000
Outstanding Balance
$63,487
Interest Rate
3.14%
Mortgage Type
New Conventional
Estimated Equity
$97,066

Purchase Details

Closed on
Dec 6, 2021
Sold by
Ll & G 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
$69,000
Outstanding Balance
$63,487
Interest Rate
3.14%
Mortgage Type
New Conventional
Estimated Equity
$97,066

Purchase Details

Listed on
Jul 20, 2017
Closed on
Aug 7, 2017
Sold by
Griebel Properties Llc
Bought by
Ll&G Rentals Llc
Seller's Agent
Robert Griebel
Coldwell Banker Real Estate Gr
Buyer's Agent
Heather Klejnot
Coldwell Banker Real Estate Gr
List Price
$34,900
Sold Price
$30,000
Premium/Discount to List
-$4,900
-14.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.19%
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
Ll & G Rentals Llc -- None Available
Augustine David L -- Trademark Title
Ll&G Rentals Llc $30,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Augustine David L $69,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/07/2017 08/07/17 Sold $30,000 -14.0% $22 / Sq Ft
07/31/2017 07/31/17 Pending -- -- --
07/20/2017 07/20/17 For Sale $34,900 -- $25 / 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 $2,042 $105,800 $15,500 $90,300
2022 $1,946 $86,600 $10,800 $75,800
2021 $941 $42,000 $2,400 $39,600
2020 $748 $34,200 $2,100 $32,100
2019 $301 $13,800 $5,600 $8,200
2018 $241 $11,000 $5,600 $5,400
2017 $825 $37,300 $5,600 $31,700
2016 $767 $35,200 $5,600 $29,600
2014 $611 $29,400 $5,800 $23,600
2013 $614 $29,600 $5,800 $23,800
Source: Public Records

Agents Affiliated with this Home

  • Robert Griebel

    Seller's Agent in 2017

    Robert Griebel

    Coldwell Banker Real Estate Gr

    (260) 486-1300

    123 Total Sales

    Robert Griebel
    Section Image
  • Joel Griebel

    Seller Co-Listing Agent in 2017

    Joel Griebel

    Coldwell Banker Real Estate Gr

    (260) 580-7614

    122 Total Sales

    Joel Griebel
    Section Image
  • Heather Klejnot

    Buyer's Agent in 2017

    Heather Klejnot

    Coldwell Banker Real Estate Gr

    (260) 267-1996

    3 in this area

    32 Total Sales

    Heather Klejnot
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 201733437

Indiana Regional MLS

APN: 02-12-15-281-011.000-074

Indiana Allen County Fort Wayne 46807 Broad River

3324 Broadway, Fort Wayne, IN

Not Listed for Sale

MultiFamily

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