NOT LISTED FOR SALE

340 W Dewald St Fort Wayne, IN 46802

Hoagland Masterson Neighborhood

Estimated Value: $188,000 - $251,000

5 Beds
3 Baths
2,588 Sq Ft
$86/Sq Ft Est. Value

Last Sold February 18, 2022

Last sale price $161,900 $63 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $1,422/month

4 Days on Market

Highlights

  • Forced Air Heating System
  • Carpet
  • 4-minute walk to April's Garden
  • Ceiling Fan

About This Home

As of February 2022

Turnkey Triplex ready for the next investor. 3 units. The main floor unit is a 3 BR 1 bath with a basement. The main unit is currently rented for $550/month and is on a month to month lease. Units 2 and 3 are both 1 BR units and will rent for $550 and $600 per month. Owner is responsible for water, currently about $100/month. Tenants are responsible for Electric and Gas. Celisa Property Management is the current property manager and the cost is $170/month if the buyer is interested in keeping them. This building can be purchased in a package deal with 1331 Spy Run

Last Agent to Sell the Property

Neal Sherk

North Eastern Group Realty Listed on: 01/26/2022

North Eastern Group Realty

Last Buyer's Agent

Jordan Wildman

eXp Realty, LLC

eXp Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,490

Year Built

  • Built in 1900

Lot Details

  • 7,048 Sq Ft Lot
  • Lot Dimensions are 47 x 150

Parking

  • 3 Parking Spaces

Home Design

  • Triplex
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Fire and Smoke Detector
  • Laminate Countertops
  • Partially Finished Basement

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for electric, heating
  • The owner pays for building insurance, maintenance, sewer, tax, water
  • Assessor Parcel Number 02-12-11-407-021.000-074

Community Details

Overview

  • 3 Units

Pet Policy

  • Pet Restriction

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $956
  • Water Sewer Expense $1,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,490

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1900
  • Age: 122
  • Style: Two Story
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 5
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: Lot 96 Williams Add
  • Parcel Number ID: 02-12-11-407-021.000-074
  • Platted: Yes
  • Amenities: Basement, Ceiling Fan, Countertops-Laminate, Detector-Smoke, Water Heater Gas
  • Sp Lp Percent: 100
  • Annual Miscellaneous: 2040
  • Monthly Gross Income: 1700
  • Restrictions Yn: Yes
  • Special Features: None

Interior Features

  • Total Sq Ft: 3356
  • Total Finished Sq Ft: 2588
  • Above Grade Finished Sq Ft: 2588
  • Below Grade Sq Ft: 768
  • Price Per Sq Ft: 62.56
  • Basement: Yes
  • Basement Foundation: Partial Basement
  • Flooring: Carpet, Vinyl
  • Total Below Grade Sq Ft: 768
  • Number Of Ranges Ovens: 3

Exterior Features

  • Exterior: Vinyl
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 3

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 956.04
  • Annual Water Sewer Expense: 1200
  • Number Electric Meters: 3
  • Number Gas Meters: 3
  • Number Water Meters: 1

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • School District: Fort Wayne Community
  • Elementary School: Fairfield
  • Middle School: Kekionga
  • High School: Wayne

Lot Info

  • Lot Description: 0-2.9999
  • Lot Dimensions: 47 x 150
  • Estimated Lot Sq Ft: 7048
  • Estimated Lot Size Acres: 0.1618
  • Lot Number: 96

Rental Info

  • Lease Term: 1 Year, Month to Month
  • Owner Pays: Building Insurance, Maintenance, Sewer, Tax, Water
  • Tenant Pays: Electric, Heating

Multi Family

  • Gross Monthly Rent: 1700
  • Number Of Refrigerators: 3
  • Number Of Units: 3
  • Num Of1 Bedrooms: 2
  • Number Of 3 Bedrooms: 3
  • Num Of Units Rented: 1

Tax Info

  • Annual Property Tax: 1490.16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2022
Closed on
Feb 28, 2022
Sold by
Bnb Investment Properties Inc
Bought by
Grams Austin and Lepper Mackenzie
Seller's Agent
Neal Sherk
North Eastern Group Realty
Buyer's Agent
Jordan Wildman
eXp Realty, LLC
List Price
$161,900
Sold Price
$161,900
Current Estimated Value
$221,546

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,646
Avg. Annual Appreciation
9.26%
Original Mortgage
$121,425
Outstanding Balance
$114,194
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$107,352

Purchase Details

Listed on
Jan 26, 2022
Closed on
Feb 22, 2022
Sold by
Bnb Investment Properties Inc
Bought by
Grams Austin and Lepper Mackenzie
Seller's Agent
Neal Sherk
North Eastern Group Realty
Buyer's Agent
Jordan Wildman
eXp Realty, LLC
List Price
$161,900
Sold Price
$161,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,425
Outstanding Balance
$114,194
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$107,352

Purchase Details

Listed on
Dec 6, 2019
Closed on
Feb 26, 2020
Sold by
Neutra Properties Llc
Bought by
Bnb Investment Properties Inc
Seller's Agent
Gary Brigman
Keller Williams Realty Group
Buyer's Agent
Neal Sherk
North Eastern Group Realty
List Price
$79,900
Sold Price
$75,000
Premium/Discount to List
-$4,900
-6.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
47.21%
Original Mortgage
$60,000
Interest Rate
3.4%
Mortgage Type
Commercial

Purchase Details

Listed on
Dec 6, 2019
Closed on
Feb 25, 2020
Sold by
Neutra Properties Llc
Bought by
Bnb Investments Properties Inc
Seller's Agent
Gary Brigman
Keller Williams Realty Group
Buyer's Agent
Neal Sherk
North Eastern Group Realty
List Price
$79,900
Sold Price
$75,000
Premium/Discount to List
-$4,900
-6.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
3.4%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 8, 2018
Sold by
Lee Huard James
Bought by
Adam Gerig
Source: Public Records

Range of Values:

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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
Grams Austin -- Lightner Zachary M
Grams Austin $161,900 Lightner Zachary M
Bnb Investment Properties Inc $79,800 Centurion Land Title
Bnb Investments Properties Inc $75,000 Centurion Land Title Inc
Adam Gerig $39,000 --
Inpro Rei Llc $39,000 Centurion Land Title Inc
Gerig Adam $39,000 Centrion Land Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Grams Austin $43,000
Open Grams Austin $121,425
Closed Grams Austin $121,425
Closed Lepper Mackenzie $121,425
Previous Owner Bnb Investment Properties $60,000
Previous Owner Bnb Investment Properties Inc $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/18/2022 02/18/22 Sold $161,900 0.0% $63 / Sq Ft
01/30/2022 01/30/22 Pending -- -- --
01/26/2022 01/26/22 For Sale $161,900 +115.9% $63 / Sq Ft
02/24/2020 02/24/20 Sold $75,000 -6.1% $29 / Sq Ft
01/29/2020 01/29/20 Pending -- -- --
12/06/2019 12/06/19 For Sale $79,900 -- $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 $2,609 $143,000 $16,500 $126,500
2023 $2,609 $114,100 $20,900 $93,200
2022 $2,506 $111,500 $12,300 $99,200
2021 $1,613 $72,000 $4,300 $67,700
2020 $1,490 $68,100 $4,100 $64,000
2019 $2,067 $94,900 $5,700 $89,200
2018 $1,203 $54,900 $5,100 $49,800
2017 $1,102 $49,800 $5,500 $44,300
2016 $1,085 $49,800 $5,500 $44,300
2014 $719 $34,600 $5,400 $29,200
2013 $664 $32,000 $6,300 $25,700
Source: Public Records

Agents Affiliated with this Home

  • Neal Sherk

    Seller's Agent in 2022

    Neal Sherk

    North Eastern Group Realty

    (260) 341-0714

    1 in this area

    79 Total Sales

    Neal Sherk
    Section Image
  • Jordan Wildman

    Buyer's Agent in 2022

    Jordan Wildman

    eXp Realty, LLC

    (260) 498-0384

    8 in this area

    239 Total Sales

    Jordan Wildman
    Section Image
  • Gary Brigman

    Seller's Agent in 2020

    Gary Brigman

    Keller Williams Realty Group

    (260) 410-0064

    1 in this area

    123 Total Sales

    Gary Brigman
    Section Image

  • J

    Seller Co-Listing Agent in 2020

    Jill Brigman

    Keller Williams Realty Group

    (260) 410-0174

    1 in this area

    164 Total Sales

    Jill Brigman
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202202956

Indiana Regional MLS

APN: 02-12-11-407-021.000-074

Indiana Allen County Fort Wayne 46802 Hoagland Masterson

340 W Dewald St, Fort Wayne, IN

This home is located at 340 W Dewald St, Fort Wayne, IN 46802 since 26 January 2022 and is currently estimated at $221,546, approximately $85 per square foot. This property was built in 1900. 340 W Dewald St is a home located in Allen County with nearby schools including Fairfield Elementary School, Kekionga Middle School, and South Side High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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