NOT LISTED FOR SALE

Estimated Value: $95,842 - $143,000

3 Beds
1.5 Baths
972 Sq Ft
$112/Sq Ft Est. Value

Last Sold March 13, 2016

Last sale price $21,500 $22 Per Sq Ft

Est. 404% increase in value since last sale

Current estimated payment $678/month

100 Days on Market

Highlights

  • Ranch Style House
  • Forced Air Heating System
  • Carpet
  • Covered Patio or Porch
  • Storm Doors

About This Home

As of March 2016

INVESTOR SPECIAL! LOOK NO FURTHER! This cash flowing rental property in Fort Wayne has much to offer! With 3 bedrooms, and 1.5 bathrooms, this charming home features; a covered front porch, a large partially fenced lot, spacious eat-in kitchen furnished with a stove and refrigerator, along with a full basement that has washer/dryer hook-ups and lots of storage space throughout. Interested? Call and schedule your walk through today before this listing is gone!!

Last Agent to Sell the Property

JP Wielgos

Platinum Property Advisors Listed on: 11/03/2015

Last Buyer's Agent

William Browand

Coldwell Banker Real Estate Gr

Coldwell Banker Real Estate Gr

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $299

Year Built

  • Built in 1946

Lot Details

  • 7,845 Sq Ft Lot
  • Lot Dimensions are 59x133

Home Design

  • Ranch Style House
  • Poured Concrete
  • Shingle Roof

Kitchen

  • Oven or Range
  • Laminate Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Cable TV Available

Additional Features

  • Washer and Gas Dryer Hookup
  • Covered Patio or Porch
  • Suburban Location
  • Partially Finished Basement

Listing and Financial Details

  • Assessor Parcel Number 02-12-13-453-018.000-074

Home Details

Home Type

Single Family

Est. Annual Taxes

$299

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1946
  • Age: 70
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 7
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 1
  • Total Number of Half Bathrooms: 1
  • Legal Description: LOT 275 & 1/2 VAC ST ADJ DREXEL PARK 2ND SEC
  • Parcel Number ID: 02-12-13-453-018.000-074
  • Platted: Yes
  • Amenities: Cable Available, Countertops-Laminate, Dryer Hook Up Gas/Elec, Porch Covered, Range/Oven Hk Up Gas/Elec, Washer Hook-Up
  • Cross Street: Rudisill Ave
  • Inside City Limits: Yes
  • Investment Property: Yes
  • Location: City/Town/Suburb
  • Sp Lp Percent: 86
  • Special Features: None

Interior Features

  • Total Sq Ft: 1428
  • Total Finished Sq Ft: 972
  • Above Grade Finished Sq Ft: 972
  • Below Grade Sq Ft: 456
  • Basement: Yes
  • Basement Foundation: Partial Basement, Unfinished
  • Basement Material: Poured Concrete
  • Flooring: Carpet, Vinyl
  • Bedroom 1: Dimensions: 10x10, On Level: Main
  • Bedroom 2: Dimensions: 10x8, On Level: Main
  • Bedroom 3: Dimensions: 10x12, On Level: Main
  • Number of Main Level Full Bathrooms: 1
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 456

Exterior Features

  • Exterior: Aluminum
  • Roof Material: Shingle
  • Outbuilding1: None

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: AEP/I&M
  • Gas Company: NIPSCO
  • Water Company: Fort Wayne City Utilities
  • Cable Company: DirectTV, Dish Network

Schools

  • School District: Fort Wayne Community
  • Elementary School: Merle J Abbett
  • Middle School: Lane
  • High School: South Side

Lot Info

  • Lot Description: 0-2.9999
  • Lot Dimensions: 59x133
  • Estimated Lot Sq Ft: 7845
  • Estimated Lot Size Acres: 0.1801

Green Features

  • Energy Efficient Windows/Doors: Storm Doors

Tax Info

  • Annual Taxes: 299

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2015
Closed on
Mar 11, 2016
Sold by
Rkm Group Llc
Bought by
Compass Capital Ventures Inc
Seller's Agent
JP Wielgos
Platinum Property Advisors
Buyer's Agent
William Browand
Coldwell Banker Real Estate Gr
List Price
$25,000
Sold Price
$21,500
Premium/Discount to List
-$3,500
-14%
Current Estimated Value
$108,461

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,961
Avg. Annual Appreciation
19.07%

Purchase Details

Closed on
Jun 3, 2008
Sold by
Fw 3908 Bowser Ave Land Trust
Bought by
Rkm Group Llc

Purchase Details

Closed on
Sep 17, 2007
Sold by
Lgw Investment Group Llc
Bought by
Fw 3908 Bowser Ave Land Trust

Purchase Details

Closed on
Jun 28, 2002
Sold by
Wabash County Farm Bureau Credit Union
Bought by
Lgw Investment Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$361,000
Interest Rate
6.93%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 13, 2002
Sold by
Szkudlarek Amy T
Bought by
Wabash County Farm Bureau Credit Union
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
Compass Capital Ventures Inc -- Metropolitan Title Of In
Rkm Group Llc -- Lawyers Title
Fw 3908 Bowser Ave Land Trust -- Lawyers Title
Lgw Investment Group Llc -- Merz Title
Wabash County Farm Bureau Credit Union $513,979 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lgw Investment Group Llc $361,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/13/2016 03/13/16 Sold $21,500 -14.0% $22 / Sq Ft
02/11/2016 02/11/16 Pending -- -- --
11/03/2015 11/03/15 For Sale $25,000 -- $26 / 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 $1,203 $53,600 $14,800 $38,800
2022 $982 $43,700 $8,500 $35,200
2021 $806 $36,000 $8,300 $27,700
2020 $573 $26,200 $1,000 $25,200
2019 $886 $40,700 $1,500 $39,200
2018 $620 $28,300 $1,500 $26,800
2017 $431 $19,500 $1,500 $18,000
2016 $384 $17,600 $1,100 $16,500
2014 $299 $14,400 $1,600 $12,800
2013 $318 $15,300 $1,800 $13,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201551185

Indiana Regional MLS

APN: 02-12-13-453-018.000-074