NOT LISTED FOR SALE

Estimated Value: $212,192 - $271,000

4 Beds
4 Baths
2,464 Sq Ft
$99/Sq Ft Est. Value

Sale Details

Date Sold: May 30, 2024

Last sale price $210,000 $85 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $1,550 / mo

102 Days on Market

Highlights

  • Covered Patio or Porch
  • Carpet
  • 2-minute walk to April's Garden
  • Forced Air Heating System

About This Home

As of May 2024

Investor special 4 plex in the popular 46802 zip code within walking distance to Electric Works and downtown Fort Wayne. 3 Units currently tenant occupied and 1 vacant unit available for showings. This income producing property has 4 one bedroom apartments. The property currently brings in $2150/ M, investors will see immediate ROI. Owner pays utilities and lawn care.

Last Agent to Sell the Property

Brandon Stone

CENTURY 21 Bradley Realty, Inc Brokerage Phone: 260-446-5159 Listed on: 01/10/2024

CENTURY 21 Bradley Realty, Inc

Last Buyer's Agent

Derek Daniels

RE/MAX Results

RE/MAX Results

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,241

Year Built

  • Built in 1915

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50x150

Home Design

  • Quadruplex
  • Planned Development
  • Asphalt Roof

Interior Spaces

  • 2-Story Property
  • Unfinished Basement

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Parking

  • 4 Parking Spaces
  • Gravel Driveway
  • Off-Street Parking

Schools

  • Fairfield Elementary School
  • Jefferson Middle School
  • Northrop High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System

Additional Features

  • Covered Patio or Porch
  • Suburban Location

Listing and Financial Details

  • The owner pays for electric, fuel, trash collection, water
  • Assessor Parcel Number 02-12-11-332-018.000-074

Community Details

Overview

  • 4 Units
  • Fox Subdivision

Building Details

  • Electric Expense $1,000
  • Fuel Expense $1,000
  • Insurance Expense $1,000
  • Maintenance Expense $500
  • Water Sewer Expense $1,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,241

Year Built

Built in 1915

Lot Details

7,405 Sq Ft Lot

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Fourplex
  • Year Built: 1915
  • Style: Two Story
  • Bedrooms: 4
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: E 1/2 Lot 22 & W 1/2 Lot 23 Hoagland & Williams Addition
  • Parcel Number ID: 02-12-11-332-018.000-074
  • Platted: Yes
  • Amenities: Porch Covered
  • Location: City/Town/Suburb
  • Special Features: None

Interior Features

  • Total Sq Ft: 4608
  • Total Finished Sq Ft: 2464
  • Above Grade Finished Sq Ft: 2464
  • Above Grade Unfinished Sq Ft: 1072
  • Below Grade Sq Ft: 1072
  • Basement: Yes
  • Basement Foundation: Unfinished
  • Flooring: Carpet, Vinyl
  • Total Below Grade Sq Ft: 1072
  • Number Of Ranges Ovens: 4

Exterior Features

  • Exterior: Aluminum
  • Roof Material: Asphalt
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 4
  • Parking: Gravel, Off Street

Utilities

  • Cooling: Window
  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: AEP/I&M
  • Gas Company: NIPSCO
  • Water Company: Fort Wayne City Utilities
  • Annual Electric: 1000
  • Annual Fuel Expense: 1000
  • Annual Insurance Expense: 1000
  • Annual Maintenance Expense: 500
  • Annual Water Sewer Expense: 1200
  • Number Of W D Hookups: 1

Schools

  • Elementary School: Fairfield

Lot Info

  • Lot Description: Planned Unit Development
  • Lot Dimensions: 50x150
  • Estimated Lot Sq Ft: 7405
  • Estimated Lot Size Acres: 0.17

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Electric, Fuel, Trash Collection, Water

Tax Info

  • Annual Property Tax: 2240.76

Multi Family

  • Number Of Refrigerators: 4
  • Number Of Units: 4
  • Num Of1 Bedrooms: 4

MLS Schools

  • High School: Northrop
  • Middle School: Jefferson
  • School District: Fort Wayne Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2024
Closed on
Jun 4, 2024
Sold by
Neutra Properties Llc
Bought by
Jayanetti Dinith and Ranasinghe Chethya Upalakshi
Seller's Agent
Brandon Stone
CENTURY 21 Bradley Realty, Inc
Buyer's Agent
Derek Daniels
RE/MAX Results
List Price
$224,900
Sold Price
$210,000
Premium/Discount to List
-$14,900
-6.63%
Views
144
Current Estimated Value
$244,064

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,064
Avg. Annual Appreciation
8.10%
Original Mortgage
$157,500
Outstanding Balance
$155,135
Interest Rate
7.17%
Mortgage Type
New Conventional
Estimated Equity
$88,929

Purchase Details

Closed on
Jun 29, 2018
Sold by
Gerig Adam
Bought by
Inpro Rei Llc

Purchase Details

Closed on
Jun 27, 2018
Sold by
Michael Dosham
Bought by
Adam Gerig

Purchase Details

Closed on
Sep 24, 2008
Sold by
Knox Lee A
Bought by
Dosham Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,250
Interest Rate
6.52%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 23, 2004
Sold by
Smith Yukako A
Bought by
Knox Lee A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,150
Interest Rate
6.17%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 5, 2004
Sold by
Smith Jason D
Bought by
Smith Yukako A

Purchase Details

Closed on
Feb 1, 2002
Sold by
Smith Jason D
Bought by
Smith Jason D and Smith Yukako A

Purchase Details

Closed on
Sep 13, 2001
Sold by
South Fort Properties Inc
Bought by
Smith Jason D
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Jayanetti Dinith -- Centurion Land Title
Inpro Rei Llc -- Centurion Land Title Inc
Adam Gerig $39,000 --
Gerig Adam $39,000 Centurion Land Title Inc
Dosham Michael -- Metropolitan Title Of In Llc
Knox Lee A -- Commonwealth-Dreibelbiss Tit
Smith Yukako A -- --
Smith Jason D -- Three Rivers Title
Smith Jason D -- Three Rivers Title Company I
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jayanetti Dinith $157,500
Previous Owner Dosham Michael $35,250
Previous Owner Knox Lee A $30,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/30/2024 05/30/24 Sold $210,000 -6.6% $85 / Sq Ft
04/21/2024 04/21/24 Pending -- -- --
01/10/2024 01/10/24 For Sale $224,900 -- $91 / Sq Ft
Source: Indiana Regional MLS

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
2025 $3,066 $235,800 $23,400 $212,400
2024 $2,986 $134,100 $15,300 $118,800
2022 $2,241 $99,700 $10,600 $89,100
2021 $2,291 $102,300 $5,900 $96,400
2020 $2,239 $102,300 $5,900 $96,400
2019 $2,228 $102,300 $5,900 $96,400
2018 $1,306 $59,600 $5,900 $53,700
2017 $1,113 $50,300 $5,900 $44,400
2016 $1,085 $49,800 $5,900 $43,900
2014 $902 $43,400 $6,300 $37,100
2013 $311 $15,000 $6,300 $8,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202401108

Indiana Regional MLS

APN: 02-12-11-332-018.000-074

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