NOT LISTED FOR SALE

Estimated Value: $121,000 - $152,000

3 Beds
2 Baths
1,346 Sq Ft
$105/Sq Ft Est. Value

Last Sold October 21, 2016

Last sale price $44,500 $33 Per Sq Ft

Est. 217% increase in value since last sale

Current estimated payment $970/month

Highlights

  • Traditional Architecture
  • Level Lot
  • Carpet
  • Forced Air Heating System
  • Wood Siding
  • 3-minute walk to Packard Park

About This Home

As of October 2016

Clean, well cared-for duplex. Newer carpet, newer windows. Split utilities, owner pays water. Washer-dryer hook-up in basement. Two 1-bedroom units. Great investment!

Last Agent to Sell the Property

Patty Tritch

RE/MAX Results Listed on: 09/28/2016

RE/MAX Results

Last Buyer's Agent

Verna Gerber

North Eastern Group Realty

North Eastern Group Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $609

Year Built

  • Built in 1925

Lot Details

  • Lot Dimensions are 38x135
  • Level Lot

Home Design

  • Duplex
  • Traditional Architecture
  • Shingle Roof
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Carpet
  • Basement
  • Basement Cellar

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Off-Street Parking

Location

  • Suburban Location

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • 2 Units
  • Water Sewer Expense $1,200

Listing and Financial Details

  • The owner pays for trash collection, water
  • Assessor Parcel Number 02-12-14-252-022.000-074

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$609

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1925
  • Age: 91
  • Style: Two Story
  • Architectural Style: Traditional
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Lot 19 Louis Foxs Add
  • Parcel Number ID: 02-12-14-252-022.000-074
  • Platted: Yes
  • Location: City/Town/Suburb
  • Sp Lp Percent: 91.75
  • Monthly Gross Income: 775
  • Special Features: None

Interior Features

  • Total Sq Ft: 2018
  • Total Finished Sq Ft: 1346
  • Above Grade Finished Sq Ft: 1346
  • Below Grade Sq Ft: 672
  • Price Per Sq Ft: 33.06
  • Basement: Yes
  • Basement Foundation: Cellar
  • Flooring: Carpet
  • Total Below Grade Sq Ft: 672
  • Number Of Ranges Ovens: 2

Exterior Features

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

Garage/Parking

  • Number Of Parking Spaces: 2
  • Parking: Off Street

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Water Sewer Expense: 1200
  • Number Of W D Hookups: 1

Schools

  • School District: Fort Wayne Community
  • Elementary School: Harrison Hill
  • Middle School: Miami
  • High School: South Side

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 38x135
  • Lot Number: 19
  • Zoning: R2C Residential Two Family

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Trash Collection, Water

Multi Family

  • Gross Monthly Rent: 775
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of1 Bedrooms: 2

Tax Info

  • Annual Property Tax: 609

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2016
Closed on
Oct 21, 2016
Sold by
Bauer Richard
Bought by
Binkley Andrew Jonathan and Binkley Amy Marie
Seller's Agent
Patty Tritch
RE/MAX Results
Buyer's Agent
Verna Gerber
North Eastern Group Realty
List Price
$48,500
Sold Price
$44,500
Premium/Discount to List
-$4,000
-8.25%
Current Estimated Value
$140,937

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,437
Avg. Annual Appreciation
11.57%
Original Mortgage
$120,000
Outstanding Balance
$106,316
Interest Rate
3.44%
Mortgage Type
Credit Line Revolving
Estimated Equity
$11,117

Purchase Details

Closed on
Jan 9, 2006
Sold by
Bauer Real Estate Llc
Bought by
Bauer Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
6.37%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 4, 2005
Sold by
Kmg Rentals Llc
Bought by
Bauer Real Estate Llc

Purchase Details

Closed on
Aug 31, 2005
Sold by
Close Charles J and Lemp Sherry L
Bought by
Kmg Rentals Llc

Purchase Details

Closed on
Apr 9, 2004
Sold by
Lemp Sherry L
Bought by
Close Charles J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,250
Interest Rate
9.35%
Mortgage Type
Stand Alone First
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
Binkley Andrew Jonathan -- Metropolitan Title Of In
Bauer Richard -- --
Bauer Real Estate Llc -- Commonwealth-Dreibelbiss Tit
Kmg Rentals Llc $14,001 --
Close Charles J -- American Title Box
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Binkley Andrew Jonathan $120,000
Previous Owner Bauer Richard $45,000
Previous Owner Close Charles J $41,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2016 10/21/16 Sold $44,500 -8.2% $33 / Sq Ft
09/28/2016 09/28/16 Pending -- -- --
09/28/2016 09/28/16 For Sale $48,500 -- $36 / 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 $2,451 $114,300 $23,700 $90,600
2023 $2,451 $107,200 $23,700 $83,500
2022 $1,701 $75,700 $13,200 $62,500
2021 $858 $38,300 $2,300 $36,000
2020 $685 $31,300 $2,200 $29,100
2019 $664 $30,500 $2,400 $28,100
2018 $960 $43,800 $3,700 $40,100
2017 $803 $36,300 $4,700 $31,600
2016 $776 $35,600 $4,700 $30,900
2014 $634 $30,500 $4,800 $25,700
2013 $608 $29,300 $4,800 $24,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201645005

Indiana Regional MLS

APN: 02-12-14-252-022.000-074