3718 S Wayne Ave Fort Wayne, IN 46807
Oakdale NeighborhoodEstimated payment $1,967/month
Highlights
- Forced Air Heating and Cooling System
- Level Lot
- 4-minute walk to Rudisill Park
About This Home
Investment Highlights Turn-Key Cash Flow: Grossing $2,885/month across three distinct, fully occupied units. Prime 07 Location: Nestled on historic South Wayne Ave, immediately adjacent to the highly desirable Illsley Place and Oakdale historic neighborhoods. Legal Triplex: Fully compliant with an established legal triplex variance in place. Utility Efficiency: All utilities are set up on RUBS (Ratio Utility Billing System) for seamless tenant expense pass-throughs. Low Maintenance Exterior: Features durable aluminum siding and a clean, solid exterior profile. Extensive Capital Improvements & Upgrades Roofing: Complete peace of mind with a brand-new shingle roof equipped with gutter guards, plus a new flat roof section. HVAC & Systems: Brand-new furnaces and central A/C units (all units enjoy Central Air; 1 shared high-efficiency heater for upper levels). Gas line was fully repaired/updated just a few years ago. Structural: Foundation wall professional restoration completed. Interior: Complete top-to-bottom interior remodel across all units featuring updated kitchens, modern bathrooms, refreshed flooring, and updated fixtures. Unit Breakdown & Layouts Unit 1 (Main Level - HUGE): Layout: 3 Bedrooms | 1 Full Bathroom (Boasts over 1,200+ sq. ft.) Features: A true showstopper featuring a gorgeous light-filled Solarium Room, expansive living and dining areas, character-rich details, and generous bedroom sizes. Unit 2 (Upper Level): Layout: 1 Bedroom | 1 Full Bathroom Features: Fully remodeled 1-bed layout with stylish finishes and central air. Unit 3 (Upper Level): Layout: 1 Bedroom | 1 Full Bathroom Features: Efficient, fully remodeled 1-bed unit with high tenant demand. On-Site Amenities & Value-Add Potential Coin-Operated Laundry: On-site coin laundry facility located in the huge basement, providing a steady stream of passive bonus income. Bonus Storage: Large basement offers potential for tenant storage lockers or additional owner storage. Future upside in rent increases given the top-tier location and fresh remodel. A rare, fully remodeled 3-unit property in Fort Wayne's booming 46807 zip code.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,135
Year Built
- Built in 1930
Lot Details
- 8,280 Sq Ft Lot
- Lot Dimensions are 60x138
- Level Lot
Home Design
- Brick Exterior Construction
Interior Spaces
- 2-Story Property
- Unfinished Basement
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 5 Bedrooms
Schools
- Harrison Hill Elementary School
- Kekionga Middle School
- South Side High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
Community Details
- Nindes Subdivision
Listing and Financial Details
- Assessor Parcel Number 02-12-14-310-019.000-074
- Seller Concessions Offered
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $3,211 | $139,300 | $15,200 | $124,100 |
| 2024 | $4,467 | $134,100 | $15,600 | $118,500 |
| 2022 | $3,760 | $167,300 | $24,300 | $143,000 |
| 2021 | $3,109 | $138,800 | $14,300 | $124,500 |
| 2020 | $3,293 | $150,500 | $14,300 | $136,200 |
| 2019 | $3,192 | $146,600 | $14,300 | $132,300 |
| 2018 | $2,611 | $119,100 | $14,300 | $104,800 |
| 2017 | $2,506 | $113,300 | $14,300 | $99,000 |
| 2016 | $2,669 | $122,500 | $14,300 | $108,200 |
| 2014 | $1,615 | $77,700 | $16,300 | $61,400 |
| 2013 | $1,526 | $73,500 | $16,300 | $57,200 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/24/2026 09/24/26 | For Sale | $299,900 | -- | $111 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document | |
| Special Warranty Deed | -- | None Listed On Document | |
| Warranty Deed | -- | Lightner Zachary M | |
| Quit Claim Deed | -- | Metropolitan Title | |
| Warranty Deed | -- | Metropolitan Title | |
| Warranty Deed | -- | Metropolitan Title | |
| Special Warranty Deed | -- | Statewide Title Company Inc | |
| Sheriffs Deed | $16,750 | None Available | |
| Warranty Deed | -- | Kings Title | |
| Contract Of Sale | $80,000 | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $220,000 | Seller Take Back | |
| Previous Owner | $82,600 | New Conventional | |
| Previous Owner | $63,750 | New Conventional | |
| Previous Owner | $85,000 | Purchase Money Mortgage | |
| Previous Owner | $86,850 | Purchase Money Mortgage |
Source: Indiana Regional MLS
MLS Number: 202639696
APN: 02-12-14-310-019.000-074
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Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. 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.
Based on information submitted to the MLS GRID
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