NOT LISTED FOR SALE

4017 S Wayne Ave Unit A, B & C Fort Wayne, IN 46807

Fairmont Neighborhood

Estimated Value: $126,000 - $164,000

5 Beds
3 Baths
2,520 Sq Ft
$58/Sq Ft Est. Value

Last Sold June 11, 2013

Last sale price $65,000 $26 Per Sq Ft

Est. 125% increase in value since last sale

Current estimated payment $1,109/month

220 Days on Market

Highlights

  • Wood Flooring
  • Shed
  • Ceiling Fan
  • Porch
  • Forced Air Heating System
  • 4-minute walk to Rudisill Park

About This Home

As of June 2013

Turnkey property - needs nothing! This triplex is fully rented and offers a handsome cash flow. Responsible tenants under renewable annual leases. This apartment building has fresh exterior paint and abundant off-street parking. Each apartment offers independent exterior entrances with security doors for tenant peace-of-mind. The lower unit is a one bedroom apartment with washer and dryer. The main level unit is a three bedroom apartment with galley kitchen. The upper unit is an efficiency apartment with built-ins and walk-out onto flat roof. As the photos demonstrate, this property is in excellent condition and easy to rent. Sale is contingent upon tenants rights. 24 hour showing notice required to accomodate tenants. All appliances (3 refrigerators, 3 ranges, washer and dryer) are negotiable.

Last Agent to Sell the Property

Chris Parker

CENTURY 21 Bradley Realty, Inc Listed on: 09/22/2012

CENTURY 21 Bradley Realty, Inc

Co-Listed By

Greg Adams

CENTURY 21 Bradley Realty, Inc

Last Buyer's Agent

Tony Timms

Custom Key Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,594

Year Built

  • Built in 1930

Lot Details

  • 5,120 Sq Ft Lot
  • Lot Dimensions are 128 x 40
  • Level Lot

Home Design

  • Triplex
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Wood Flooring

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Finished Basement

  • 1 Bathroom in Basement
  • 1 Bedroom in Basement

Parking

  • 6 Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Shed
  • Porch

Location

  • Suburban Location

Schools

  • Harrison Hill Elementary School
  • Miami Middle School
  • South Side High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for cable
  • The owner pays for building insurance, electric, heating, lawn maintenance, maintenance, sewer, tax, trash collection, water
  • Assessor Parcel Number 021214380007000074

Community Details

Overview

  • 3 Units
  • Fairfield Heights Subdivision

Pet Policy

  • Pet Restriction

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $900
  • Fuel Expense $2,200
  • Insurance Expense $875
  • Maintenance Expense $500
  • Water Sewer Expense $550

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,594

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1930
  • Age: 83
  • Style: Two Story
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: LOT 135 FAIRFIELD HEIGHTS ADD |
  • Parcel Number ID: 021214380007000074
  • Platted: Yes
  • Amenities: Basement, Ceiling Fan, Off Street Parking, Porch Open, Water Heater Gas
  • Cross Street: West Foster Parkway
  • Location: City/Town/Suburb
  • Number Below Grade Bedrooms: 1
  • Section Number: 1
  • Sp Lp Percent: 100
  • State Id: 02-12-14-380-007.000-074
  • Annual Miscellaneous: 500
  • Monthly Gross Income: 1520
  • Year Taxes Payable: 2013
  • Special Features: None

Interior Features

  • Total Sq Ft: 2520
  • Total Finished Sq Ft: 2520
  • Above Grade Finished Sq Ft: 1792
  • Below Grade Finished Sq Ft: 728
  • Price Per Sq Ft: 36.27
  • Basement Foundation: Finished
  • Flooring: Mixed, Wood
  • Number Below Grade Bathrooms: 1
  • Total Below Grade Sq Ft: 728
  • Number Of Ranges Ovens: 3
  • Number Ttl Rooms Below Grade: 3

Exterior Features

  • Exterior: Wood
  • Stories: 2
  • Outbuilding: Shed
  • Outbuilding Sq Ft: 25

Garage/Parking

  • Number Of Parking Spaces: 6

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Electric: 900
  • Annual Fuel Expense: 2200
  • Annual Insurance Expense: 875
  • Annual Maintenance Expense: 500
  • Annual Water Sewer Expense: 550
  • Number Electric Meters: 1
  • Number Gas Meters: 1
  • Number Of W D Hookups: 1
  • Number Water Meters: 1

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 128 x 40
  • Estimated Lot Sq Ft: 5120
  • Estimated Lot Size Acres: 0.1175
  • Lot Number: 135

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Building Insurance, Electric, Heating, Lawn Maintenance, Maintenance, Sewer, Tax, Trash Collection, Water
  • Tenant Pays: Cable

Multi Family

  • Gross Monthly Rent: 1505
  • Number Of Dryers: 1
  • Number Of Refrigerators: 3
  • Number Of Units: 3
  • Number Of Washers: 1
  • Num Of1 Bedrooms: 1
  • Number Of 3 Bedrooms: 1
  • Num Of Efficiencies: 1
  • Num Of Units Rented: 3

Tax Info

  • Annual Property Tax: 1594

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 30, 2024
Sold by
Chavez Octavio
Bought by
Paniagua Cristina
Current Estimated Value
$146,333

Purchase Details

Closed on
Oct 5, 2021
Sold by
Rentfrow Brandon S
Bought by
Chavez Octavio

Purchase Details

Listed on
Sep 22, 2012
Closed on
Jun 11, 2013
Sold by
Uribe Morales Veronica and Morales Jonathan A
Bought by
Rentfrow Brandon S
Seller's Agent
Chris Parker
CENTURY 21 Bradley Realty, Inc
Buyer's Agent
Tony Timms
Custom Key Realty
List Price
$69,900
Sold Price
$65,000
Premium/Discount to List
-$4,900
-7.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.41%
Original Mortgage
$63,822
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 10, 2007
Sold by
Roebuck Kimberly D
Bought by
Morales Jonathan A and Uribe Morales Veronica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,379
Interest Rate
6.2%

Purchase Details

Closed on
Mar 28, 2006
Sold by
Roebuck Wesley A
Bought by
Roebuck Kimberly D
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
Paniagua Cristina -- None Listed On Document
Chavez Octavio $48,477 Centurion Land Title Inc
Rentfrow Brandon S -- Mad Anthony Title
Morales Jonathan A -- Riverbend Title
Roebuck Kimberly D -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rentfrow Brandon S $63,822
Previous Owner Morales Jonathan A $65,700
Previous Owner Morales Jonathan A $71,379
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2013 06/11/13 Sold $65,000 -7.0% $26 / Sq Ft
04/30/2013 04/30/13 Pending -- -- --
09/22/2012 09/22/12 For Sale $69,900 -- $28 / 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 $3,738 $173,800 $26,100 $147,700
2022 $3,315 $147,500 $26,100 $121,400
2021 $3,549 $158,800 $16,800 $142,000
2020 $3,082 $141,100 $16,800 $124,300
2019 $1,730 $79,700 $11,900 $67,800
2018 $1,741 $79,700 $11,900 $67,800
2017 $1,757 $79,700 $11,900 $67,800
2016 $1,173 $79,700 $11,900 $67,800
2014 $1,125 $79,700 $11,900 $67,800
2013 $1,120 $79,700 $11,900 $67,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201210246

Indiana Regional MLS

APN: 02-12-14-380-007.000-074