NOT LISTED FOR SALE

Estimated Value: $118,000 - $178,000

4 Beds
2 Baths
1,944 Sq Ft
$79/Sq Ft Est. Value

Last Sold July 10, 2015

Last sale price $29,900 $15 Per Sq Ft

Est. 414% increase in value since last sale

Current estimated payment $1,021/month

56 Days on Market

Highlights

  • Wood Flooring
  • Patio
  • Forced Air Heating System
  • Corner Lot

About This Home

As of July 2015

Great Modern Built Duplex. This property has wonderful potential. Beautiful neighborhood. Needs considerable work, but will be worth the investment. Nice basement that is shared by both units. Would be great for coin operated laundry

Last Agent to Sell the Property

Joe Leksich

eXp Realty, LLC Listed on: 04/29/2015

eXp Realty, LLC

Co-Listed By

Shanna Birtzer

Keller Williams Realty Group

Last Buyer's Agent

Ken Zell

RE/MAX Results

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $536

Year Built

  • Built in 1945

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 58x70
  • Corner Lot

Parking

  • Off-Street Parking

Home Design

  • Duplex
  • Poured Concrete
  • Cedar

Interior Spaces

  • 2-Story Property
  • Partially Finished Basement

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Patio

Schools

  • Harrison Elementary School
  • Kekionga Middle School
  • South Side High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for cable, electric, fuel, heating, sewer, trash collection, water
  • The owner pays for building insurance, lawn maintenance, maintenance, snow removal, tax
  • Assessor Parcel Number 02-12-14-301-016.000-074

Community Details

Overview

  • 2 Units
  • Bushman Subdivision

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$536

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1945
  • Age: 70
  • Style: Two Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Lot 19 and 20 Bushman Addition |
  • Parcel Number ID: 02-12-14-301-016.000-074
  • Platted: Yes
  • Amenities: Off Street Parking, Patio Open
  • Location: Near Walking Trail
  • Sp Lp Percent: 83.29
  • Year Taxes Payable: 2014
  • Special Features: 1028

Interior Features

  • Total Sq Ft: 2344
  • Total Finished Sq Ft: 1944
  • Above Grade Finished Sq Ft: 1944
  • Below Grade Sq Ft: 400
  • Price Per Sq Ft: 15.38
  • Basement: Yes
  • Basement Foundation: Partial Basement
  • Basement Material: Poured Concrete
  • Flooring: Carpet, Wood
  • Total Below Grade Sq Ft: 400

Exterior Features

  • Exterior: Cedar
  • Stories: 2

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Of W D Hookups: 1
  • Number Water Meters: 2

Schools

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

Lot Info

  • Lot Description: Corner
  • Lot Dimensions: 58x70
  • Estimated Lot Sq Ft: 5227
  • Estimated Lot Size Acres: 0.12

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Building Insurance, Lawn Maintenance, Maintenance, Snow Removal, Tax
  • Tenant Pays: Cable, Electric, Fuel, Heating, Sewer, Trash Collection, Water

Tax Info

  • Annual Property Tax: 535.92

Multi Family

  • Number Of Units: 2
  • Num Of2 Bedrooms: 2

MLS Schools

  • High School: South Side
  • Middle School: Kekionga
  • School District: Fort Wayne Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 1, 2024
Sold by
Mendizabal Rosa E and Yep Rosa E
Bought by
Yep Rosa E and Yep Humberto Carlos
Current Estimated Value
$153,784

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
Outstanding Balance
$33,648
Interest Rate
6.29%
Mortgage Type
New Conventional
Estimated Equity
$120,136

Purchase Details

Closed on
Mar 29, 2024
Sold by
Mendizabal Rosa E and Yep Rosa E
Bought by
Yep Rosa E and Yep Humberto Carlos

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
Outstanding Balance
$33,648
Interest Rate
6.29%
Mortgage Type
New Conventional
Estimated Equity
$120,136

Purchase Details

Closed on
Mar 3, 2017
Sold by
Mendizabal Rosa E
Bought by
Mendizabal Rosa E and Yep Humberto Carlos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,000
Interest Rate
4.19%
Mortgage Type
Commercial

Purchase Details

Listed on
Apr 29, 2015
Closed on
Jul 10, 2015
Sold by
Aperture Partners I Llc
Bought by
Mendizabal Rosa E
Seller's Agent
Joe Leksich
eXp Realty, LLC
Buyer's Agent
Ken Zell
RE/MAX Results
List Price
$39,900
Sold Price
$29,900
Premium/Discount to List
-$10,000
-25.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.44%

Purchase Details

Closed on
Apr 30, 2014
Sold by
Sherk Lynne Marie and Sherk Lynne
Bought by
Aperture Partners I Llc

Purchase Details

Closed on
Apr 24, 2013
Sold by
Sherk Neal G and Sherk Lynne Marie
Bought by
Sherk Lynne Marie

Purchase Details

Closed on
Apr 11, 2005
Sold by
Sherk Neal G
Bought by
Sherk Neal G and Sherk Lynne Marie

Purchase Details

Closed on
Nov 19, 2001
Sold by
Sherk Gordon G
Bought by
Sherk Neal G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,093
Interest Rate
9.25%
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
Yep Rosa E -- Metropolitan Title Of In
Yep Rosa E -- Metropolitan Title Of In
Mendizabal Rosa E -- None Available
Mendizabal Rosa E -- Centurion Land Title Inc
Aperture Partners I Llc -- None Available
Sherk Lynne Marie -- Lawyers Title
Sherk Neal G -- --
Sherk Neal G -- Real Estate Title Services L
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yep Rosa E $45,000
Closed Yep Rosa E $45,000
Previous Owner Mendizabal Rosa E $39,000
Previous Owner Sherk Neal G $68,000
Previous Owner Sherk Neal G $17,000
Previous Owner Sherk Neal G $77,093
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2015 07/10/15 Sold $29,900 -25.1% $15 / Sq Ft
06/24/2015 06/24/15 Pending -- -- --
04/29/2015 04/29/15 For Sale $39,900 -- $21 / 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 $2,407 $116,200 $14,300 $101,900
2023 $2,407 $105,300 $17,600 $87,700
2022 $1,890 $84,100 $13,000 $71,100
2021 $1,073 $47,900 $5,200 $42,700
2020 $856 $39,100 $3,900 $35,200
2019 $830 $38,100 $3,900 $34,200
2018 $1,140 $52,000 $6,400 $45,600
2017 $1,119 $77,600 $10,100 $67,500
2016 $1,828 $83,900 $10,100 $73,800
2014 $536 $25,900 $4,000 $21,900
2013 -- $33,300 $5,500 $27,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201519099

Indiana Regional MLS

APN: 02-12-14-301-016.000-074