$250,000
SOLD FEB 27, 2025
4 Beds
2 Baths
1,768 Sq Ft
0.32 Acres

Recently Sold

$141 Per Sq Ft

7% Below List Price

10 Days on Market

Highlights

  • Utility Room in Garage
  • Patio
  • Multiple cooling system units
  • 1 Car Attached Garage
  • Entrance Foyer
  • Forced Air Heating and Cooling System

About This Home

As of February 2025

** Open House Jan 19th 1-3PM!!** Location! Location! Location! Check out this Fantastic Investment Opportunity with this Large Duplex. 2200 sq ft in total of two units. 4 Bedrooms, and 2 full baths. Each unit features Large Living Rooms, Both Kitchens open to the Living rooms, and a large rear yard! Each side includes a 1-car Attached Garage, and each unit includes a Private Patio (separated in the back). Close to PFW, Ivy Tech, Restaurants, Shopping, and much more! Built as a Duplex. Tenants pay their own utilities.

Last Agent to Sell the Property

Joel Griebel

Coldwell Banker Real Estate Gr Brokerage Phone: 260-580-7614 Listed on: 01/17/2025

Coldwell Banker Real Estate Gr

Co-Listed By

Robert Griebel

Coldwell Banker Real Estate Gr Brokerage Phone: 260-580-7614

Last Buyer's Agent

Peyton McHale

F.C. Tucker Fort Wayne

F.C. Tucker Fort Wayne

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,608

Year Built

  • Built in 1980

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 75x183
  • Level Lot

Home Design

  • Duplex
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Entrance Foyer
  • Utility Room in Garage
  • Laundry in Kitchen
  • Fire and Smoke Detector
  • Laminate Countertops

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Attic

  • Storage In Attic
  • Pull Down Stairs to Attic

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Schools

  • Harris Elementary School
  • Lane Middle School
  • Snider High School

Utilities

  • Multiple cooling system units
  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Additional Features

  • Patio
  • Suburban Location

Listing and Financial Details

  • Tenant pays for cable, cooling, electric, fuel, heating, sewer, trash collection, water
  • The owner pays for building insurance, maintenance, tax
  • Assessor Parcel Number 02-08-20-107-006.000-072
  • Seller Concessions Not Offered

Community Details

Overview

  • 2 Units
  • Marketplace Villas Subdivision

Amenities

  • Community Storage Space

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $350

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,608

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1980
  • Style: One Story
  • Architectural Style: Ranch
  • Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: VILLAS OF THE MARKETPLACE SEC II LOT 35
  • Parcel Number ID: 02-08-20-107-006.000-072
  • Platted: Yes
  • Amenities: Ceiling Fan, Off Street Parking, Near Walking Trail, Storage, Attic Pull Down Stairs, Attic Storage, Countertops-Laminate, Detector-Smoke, Foyer Entry, Garage Door Opener, Patio Open, Water Heater Gas, Garage Utilities
  • Inside City Limits: Yes
  • Location: City/Town/Suburb, Near Walking Trail
  • Special Features: None

Interior Features

  • Total Sq Ft: 1768
  • Total Finished Sq Ft: 1768
  • Above Grade Finished Sq Ft: 1768
  • Basement Foundation: Slab
  • Flooring: Carpet, Laminate
  • Main Level Sq Ft: 1768
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Brick, Wood
  • Roof Material: Asphalt, Shingle
  • Stories: 1

Garage/Parking

  • Driveway: Concrete
  • Number Of Parking Spaces: 4
  • Parking: Garage, Paved, Private

Utilities

  • Cooling: Central Air, Multiple Cooling Units
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: AEP/I&M
  • Gas Company: NIPSCO
  • Water Company: Fort Wayne City Utilities
  • Hvac: Ceiling Fan
  • Annual Insurance Expense: 350
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Of W D Hookups: 2
  • Number Water Meters: 2

Condo/Co-op/Association

  • Common Amenities: Sidewalks

Schools

  • Elementary School: Harris

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 75X183
  • Estimated Lot Sq Ft: 13725
  • Estimated Lot Size Acres: 0.32
  • Lot Number: 35

Rental Info

  • Owner Pays: Building Insurance, Maintenance, Tax
  • Tenant Pays: Cable, Cooling, Electric, Fuel, Heating, Sewer, Trash Collection, Water

Tax Info

  • Annual Property Tax: 2608

Multi Family

  • Number Of Dishwashers: 2
  • Number Of Dryers: 2
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Number Of Washers: 2
  • Num Of2 Bedrooms: 2

MLS Schools

  • High School: Snider
  • Middle School: Lane
  • School District: Fort Wayne Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2025
Closed on
Feb 24, 2025
Sold by
Bacon Mark A and Bacon Janice W
Bought by
Yoder Devon
Seller's Agent
Joel Griebel
Coldwell Banker Real Estate Gr
Buyer's Agent
Peyton McHale
F.C. Tucker Fort Wayne
List Price
$269,900
Sold Price
$250,000
Premium/Discount to List
-$19,900
-7.37%
Views
42
Current Estimated Value
$234,061

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$15,939
Avg. Annual Appreciation
5.52%
Original Mortgage
$237,500
Outstanding Balance
$235,517
Interest Rate
7.04%
Mortgage Type
New Conventional
Estimated Equity
$27,852
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 Type Sale Price Title Company
Warranty Deed -- Meridian Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $237,500 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/27/2025 02/27/25 Sold $250,000 -7.4% $141 / Sq Ft
01/27/2025 01/27/25 Pending -- -- --
01/17/2025 01/17/25 For Sale $269,900 -- $153 / Sq Ft
Source: Indiana Regional MLS

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
2025 $2,657 $176,000 $27,900 $148,100
2024 $2,609 $116,200 $19,200 $97,000
2022 $2,506 $111,500 $20,300 $91,200
2021 $2,448 $109,300 $16,300 $93,000
2020 $2,333 $106,600 $21,300 $85,300
2019 $2,071 $95,100 $16,300 $78,800
2018 $2,242 $102,300 $19,100 $83,200
2017 $2,222 $100,200 $18,900 $81,300
2016 $2,171 $99,400 $18,900 $80,500
2014 $2,047 $98,500 $20,000 $78,500
2013 $2,041 $98,300 $20,000 $78,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202501572

Indiana Regional MLS

APN: 02-08-20-107-006.000-072

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