NOT LISTED FOR SALE

Estimated Value: $95,000 - $145,000

3 Beds
1 Bath
1,290 Sq Ft
$94/Sq Ft Est. Value

Last Sold December 04, 2018

Last sale price $1,710,000 $1,326 Per Sq Ft

Current estimated payment $744/month

50 Days on Market

Highlights

  • Forced Air Heating System
  • Carpet
  • 4-minute walk to McMillen Park
  • Level Lot
  • 1-Story Property

About This Home

As of December 2018

This property is offered as a package with the following listings: 3535 Abbott St, 2923 Alexander, 3622 Avondale, 3717 Barr St, 2802 Bowser, 3306 Bowser, 3022 Central Dr, 3206 Central Dr, 3402 Central Dr, 3917 Reed St, 4329 Reed St, 1715 Richardson St, 1432 Rudisill Ave, 702 Saint Marys Ave, 816 E Sherwood Terrace, 3716 Warsaw, 3718 Warsaw, 4314 Warsaw, 4724 Warsaw, 4802 Gaywood, 4925 Gaywood, 1119 Osage, 4023 South Park Dr, 4413 Queen St, 2725 Reed St, 3315 Reed St, 3415 Reed St, 3602 Reed St, 4002 Bowser, 4434 Bowser, 1921 Drexel, 3722 Gaywood, 4502 Gaywood, 3815 S Hanna, 3418 Havester Ave, 4329 Holton, 4818 Holton, 2926 John St, 4005 Holton Ave, 5106 Lillie St, 2300 Marcy Lane, 821 Milton St, 3617 Monroe St, 5211 Mount Vernon, 5215 Mount Vernon, 5220 Mount Vernon, 3417 Oliver St, 5130 Oliver St, 2514 S Wayne Ave, 3510 Weisser Park, 3626 Weisser Park, 4324 Weisser Park, 4414 Weisser park, 4811 Weisser Park, 3124 Winter St, 3323 Winter St, 4026 Winter St Properties are offered "as-is". Showings available to serious buyers only. Offer and proof of funds to be submitted and accepted prior to showing/Inspection. Proforma Cap rate of almost 11% on cash purchase. Cash on cash return with loan in place is substantially higher. 3635 Abbott St is rented at $625/month.

Last Agent to Sell the Property

Sara Arevalo

CENTURY 21 Bradley Realty, Inc Listed on: 08/29/2018

CENTURY 21 Bradley Realty, Inc

Co-Listed By

Adam Gerig

CENTURY 21 Bradley Realty, Inc

Last Buyer's Agent

Tami Dennon

DBD Homes Management and Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $412

Year Built

  • Built in 1955

Lot Details

  • 8,520 Sq Ft Lot
  • Lot Dimensions are 60x142
  • Level Lot

Parking

  • Off-Street Parking

Home Design

  • Slab Foundation
  • Vinyl Construction Material

Interior Spaces

  • 1,290 Sq Ft Home
  • 1-Story Property

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Schools

  • Haley Elementary School
  • Lane Middle School
  • Snider High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electric, heating, lawn maintenance, snow removal, trash collection, water
  • The owner pays for maintenance, tax
  • Assessor Parcel Number 02-13-18-328-006.000-074

Community Details

Overview

  • South Walton Ave Acres Subdivision

Building Details

  • Insurance Expense $250
  • Maintenance Expense $1,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$412

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Year Built: 1955
  • Style: One Story
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: S WALTON AV ACRES S60FT LOT 3
  • Parcel Number ID: 02-13-18-328-006.000-074
  • Platted: Yes
  • Amenities: Off Street Parking
  • Inside City Limits: Yes
  • Sp Lp Percent: 100
  • Monthly Gross Income: 625
  • Year Taxes Payable: 2018
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 1290
  • Total Finished Sq Ft: 1290
  • Above Grade Finished Sq Ft: 1290
  • Price Per Sq Ft: 1325.58
  • Basement Foundation: Slab
  • Flooring: Carpet, Vinyl
  • Number Of Ranges Ovens: 1

Exterior Features

  • Exterior: Vinyl
  • Stories: 1

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 250
  • Annual Maintenance Expense: 1000

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 60x142
  • Estimated Lot Sq Ft: 8520
  • Estimated Lot Size Acres: 0.1956
  • Lot Number: 3

Rental Info

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

Tax Info

  • Total Assessed Value: 18800
  • Annual Property Tax: 412

Multi Family

  • Gross Monthly Rent: 625
  • Number Of Refrigerators: 1
  • Number Of Units: 1
  • Number Of 3 Bedrooms: 1
  • Num Of Units Rented: 1

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
Aug 29, 2018
Closed on
Nov 29, 2018
Sold by
Inpro Investment Partners Ii Llc
Bought by
Hb Realty Llc
Seller's Agent
Sara Arevalo
CENTURY 21 Bradley Realty, Inc
Buyer's Agent
Tami Dennon
DBD Homes Management and Real Estate
List Price
$1,710,000
Sold Price
$1,710,000
Current Estimated Value
$114,588

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,595,412
Avg. Annual Appreciation
-33.45%

Purchase Details

Closed on
Dec 2, 2013
Sold by
Eilatan Financial Inc
Bought by
Inpro Iverstment Partners Ii Llc
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
Hb Realty Llc -- Trademark Title
Inpro Iverstment Partners Ii Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ellatan Financial Inc $80,470
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/04/2018 12/04/18 Sold $1,710,000 0.0% $1,326 / Sq Ft
10/18/2018 10/18/18 Pending -- -- --
08/29/2018 08/29/18 For Sale $1,710,000 -- $1,326 / 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 $1,399 $56,400 $17,600 $38,800
2022 $897 $39,900 $10,100 $29,800
2021 $759 $33,900 $1,700 $32,200
2020 $783 $35,800 $1,700 $34,100
2019 $523 $24,000 $1,700 $22,300
2018 $412 $18,800 $1,700 $17,100
2017 $380 $17,200 $1,700 $15,500
2016 $431 $19,600 $1,700 $17,900
2014 $287 $13,800 $1,700 $12,100
2013 $286 $13,800 $1,700 $12,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201934571

Indiana Regional MLS

APN: 02-13-18-328-006.000-074