NOT LISTED FOR SALE

Estimated Value: $278,474 - $325,000

10 Beds
4 Baths
4,448 Sq Ft
$68/Sq Ft Est. Value

Last Sold May 18, 2018

Last sale price $149,900 $34 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $2,023/month

27 Days on Market

Highlights

  • Wood Flooring
  • Covered patio or porch
  • Ceiling height of 9 feet or more
  • Corner Lot
  • Balcony
  • 1-minute walk to April's Garden

About This Home

As of May 2018

FOUR-PLEX! LESS THAN 1 MILE TO GE "ELECTRIC WORKS" CAMPUS and TINCAPS STADIUM! 4448 sq ft! Two units have 3 bedrooms and two units have 2 bedrooms; each has 1 bathroom and separate balcony. 3 units are currently rented between $600 and $650 per month. The 4th unit needs remodeled before renting. TONS OF UPDATES IN LAST 4 YEARS! Updated roof, attic insulation, AC units, water heaters, appliances, porch pillars and supporting structures, sump pumps, windows, storage shed, rear fence, main alarm system, bathrooms, lighting, and drainage. Very well maintained! Being sold as-is. Separate electric and gas meters for each unit! Owner pays water, tax, alarm and insurance.

Last Agent to Sell the Property

Heather Klejnot

Coldwell Banker Real Estate Gr Listed on: 04/19/2018

Coldwell Banker Real Estate Gr

Last Buyer's Agent

Tim Haber

CENTURY 21 Bradley Realty, Inc

CENTURY 21 Bradley Realty, Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,686

Year Built

  • Built in 1910

Lot Details

  • 4,500 Sq Ft Lot
  • Lot Dimensions are 50 x 90
  • Wood Fence
  • Corner Lot
  • Level Lot

Parking

  • On-Street Parking

Home Design

  • Quadruplex
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Storage In Attic
  • Security System Leased

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 4 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Outdoor Features

  • Balcony
  • Covered patio or porch

Location

  • Suburban Location

Utilities

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

Listing and Financial Details

  • Tenant pays for cable, cooling, electric, heating
  • The owner pays for alarm, building insurance, lawn maintenance, maintenance, sewer, trash collection, water
  • Assessor Parcel Number 02-12-11-404-001.000-074

Community Details

Overview

  • 4 Units

Pet Policy

  • Pet Restriction

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,200
  • Maintenance Expense $300
  • Water Sewer Expense $1,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,686

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Fourplex
  • Year Built: 1910
  • Age: 108
  • Style: Two Story
  • Bedrooms: 10
  • Number Above Grade Bedrooms: 10
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: N 90 ft Lot 24 Williams Add |
  • Parcel Number ID: 02-12-11-404-001.000-074
  • Platted: Yes
  • Amenities: Basement, Alarm System-Sec Rented, Attic Storage, Balcony, Ceiling-9+, Porch Covered, Water Heater Gas, Sump Pump
  • Cross Street: Fairfield
  • Location: City/Town/Suburb
  • Sp Lp Percent: 88.23
  • Monthly Gross Income: 1850
  • Special Features: None

Interior Features

  • Total Sq Ft: 6792
  • Total Finished Sq Ft: 4448
  • Above Grade Finished Sq Ft: 4448
  • Below Grade Sq Ft: 2344
  • Price Per Sq Ft: 33.7
  • Basement: Yes
  • Basement Foundation: Full Basement, Unfinished
  • Flooring: Carpet, Laminate, Wood, Vinyl
  • Total Below Grade Sq Ft: 2344
  • Number Of Ranges Ovens: 4

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Fence: Wood
  • Stories: 2

Garage/Parking

  • Parking: Street

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Public
  • Water Utilities: Public
  • Annual Insurance Expense: 1200
  • Annual Maintenance Expense: 300
  • Annual Water Sewer Expense: 1800
  • Number Electric Meters: 4
  • Number Gas Meters: 4
  • 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: Corner, Level
  • Lot Dimensions: 50 x 90
  • Estimated Lot Sq Ft: 4500
  • Estimated Lot Size Acres: 0.1
  • Lot Number: 24

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Alarm, Building Insurance, Lawn Maintenance, Maintenance, Sewer, Trash Collection, Water
  • Tenant Pays: Cable, Cooling, Electric, Heating

Multi Family

  • Gross Monthly Rent: 1850
  • Number Of Refrigerators: 4
  • Number Of Units: 4
  • Num Of2 Bedrooms: 2
  • Number Of 3 Bedrooms: 2
  • Num Of Units Rented: 3

Tax Info

  • Annual Property Tax: 1686

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2018
Closed on
May 18, 2018
Sold by
Ll And G Rentals Llc
Bought by
Delanor Constultants Llc
Seller's Agent
Heather Klejnot
Coldwell Banker Real Estate Gr
Buyer's Agent
Tim Haber
CENTURY 21 Bradley Realty, Inc
List Price
$169,900
Sold Price
$149,900
Premium/Discount to List
-$20,000
-11.77%
Current Estimated Value
$300,825

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$150,925
Avg. Annual Appreciation
10.13%

Purchase Details

Closed on
Dec 30, 2015
Sold by
Augustine David L and Augustine Chavala
Bought by
Ll & G Rentals Llc

Purchase Details

Listed on
Feb 4, 2015
Closed on
Mar 20, 2015
Sold by
Drummond Thomas A
Bought by
Augustine David L and Augustine Chavala
Seller's Agent
Susanne Rippey
Coldwell Banker Real Estate Group
Buyer's Agent
Laura Brune
CENTURY 21 Bradley Realty, Inc
List Price
$49,900
Sold Price
$42,000
Premium/Discount to List
-$7,900
-15.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.89%

Purchase Details

Closed on
Sep 7, 2010
Sold by
The Bank Of New York Mellon
Bought by
Drummond Thomas A

Purchase Details

Closed on
Feb 20, 2010
Sold by
Odell Ralph E and Odell Suellen
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Oct 29, 2002
Sold by
Moore Albert J
Bought by
Odell Ralph E and Odell Suellen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,800
Interest Rate
6.18%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 10, 2002
Sold by
Moore Albert J
Bought by
Moore Albert J and Albert J Moore Living Trust
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
Delanor Constultants Llc $149,900 Fidelity Natl Title Co Llc
Ll & G Rentals Llc -- None Available
Augustine David L -- Trademark Title
Drummond Thomas A -- Meridian Title
The Bank Of New York Mellon -- None Available
Odell Ralph E -- --
Moore Albert J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Delanor Consultants Llc $680,657
Previous Owner Ll And G Rentals Llc $50,000
Previous Owner Odell Ralph E $53,800
Closed Odell Ralph E $10,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/18/2018 05/18/18 Sold $149,900 -11.8% $34 / Sq Ft
05/16/2018 05/16/18 Pending -- -- --
04/19/2018 04/19/18 For Sale $169,900 +304.5% $38 / Sq Ft
03/23/2015 03/23/15 Sold $42,000 -15.8% $9 / Sq Ft
03/18/2015 03/18/15 Pending -- -- --
02/04/2015 02/04/15 For Sale $49,900 -- $11 / 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 $4,348 $305,400 $19,000 $286,400
2022 $4,034 $179,500 $10,400 $169,100
2021 $2,956 $132,000 $4,000 $128,000
2020 $3,320 $151,700 $3,400 $148,300
2019 $3,312 $152,100 $4,700 $147,400
2018 $2,006 $91,500 $4,700 $86,800
2017 $1,686 $76,200 $4,700 $71,500
2016 $1,643 $75,400 $4,700 $70,700
2014 $1,050 $50,500 $5,400 $45,100
2013 $1,059 $51,000 $5,400 $45,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201815414

Indiana Regional MLS

APN: 02-12-11-404-001.000-074