NOT LISTED FOR SALE

428 Nussbaum Ave Fort Wayne, IN 46805

Spy Run Neighborhood

Estimated Value: $121,000 - $144,000

3 Beds
1 Bath
1,107 Sq Ft
$121/Sq Ft Est. Value

Last Sold October 21, 2019

Last sale price $41,513 $38 Per Sq Ft

Est. 222% increase in value since last sale

Current estimated payment $857/month

10 Days on Market

Highlights

  • Detached Second Garage
  • Covered Patio or Porch
  • Forced Air Heating System
  • Wood Flooring
  • Landscaped
  • 4-minute walk to Power Park

About This Home

As of October 2019

The price stated on this property is the assessed tax value (as a guideline). This property is being sold at public auction on Tuesday, October 1, 2019. Auction begins at 5:30 p.m. (Real Estate Sells at 6:30 p.m) This property may sell for more or less than the assessed value, depending on the outcome of the auction bidding. 2 Income Properties in North Central Fort Wayne Sells Absolute No Reserve | 2 Excellent Rental Properties | 618 Tennessee Ave: 2BR 2BA | 428 Nussbaum: 3BR 1BA 2 Great income opportunities, close to Northside High School, Downtown, Old Fort, River Greenway, Headwaters and Promenade Parks.

Last Agent to Sell the Property

Tim McCulloch

Scheerer McCulloch Real Estate Listed on: 09/21/2019

Last Buyer's Agent

Tim McCulloch

Scheerer McCulloch Real Estate Listed on: 09/21/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $653

Year Built

  • Built in 1950

Lot Details

  • 7,562 Sq Ft Lot
  • Lot Dimensions are 45 x 168
  • Chain Link Fence
  • Landscaped
  • Level Lot

Home Design

  • Slab Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,107 Sq Ft Home
  • 1-Story Property
  • Pull Down Stairs to Attic
  • Laminate Countertops
  • Washer Hookup

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Parking Spaces
  • Detached Second Garage
  • Driveway
  • Off-Street Parking

Schools

  • Forest Park Elementary School
  • Lakeside Middle School
  • North Side High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Additional Features

  • Covered Patio or Porch
  • Suburban Location

Listing and Financial Details

  • Tenant pays for cable, cooling, electric, fuel, heating, sewer, trash collection, water
  • The owner pays for tax
  • Assessor Parcel Number 02-07-35-479-011.000-074

Community Details

Overview

  • Nussbaums Subdivision

Building Details

  • Electric Expense $75
  • Fuel Expense $75
  • Insurance Expense $400
  • Maintenance Expense $100
  • Water Sewer Expense $100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$653

Year Built

Built in 1950

Lot Details

7,562 Sq Ft Lot

Listing Details

  • Class: INVESTMENT
  • Year Built: 1950
  • Style: One Story
  • Architectural Style: Ranch
  • Bedrooms: 3
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: LOT 10 NUSSBAUM ADD W 25 FT & E 20 FT LOT 11
  • Parcel Number ID: 02-07-35-479-011.000-074
  • Platted: Yes
  • Amenities: Attic Pull Down Stairs, Countertops-Laminate, Landscaped, Porch Covered, Water Heater Gas, Washer Hook-Up
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Special Features: Auction
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 1107
  • Total Finished Sq Ft: 1107
  • Above Grade Finished Sq Ft: 1107
  • Basement Foundation: Slab
  • Flooring: Carpet, Tile, Wood

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt
  • Fence: Chain Link
  • Stories: 1
  • Outbuilding: 2nd Detached Garage
  • Outbuilding Sq Ft: 576

Garage/Parking

  • Driveway: Concrete
  • Number Of Parking Spaces: 2
  • Parking: Off Street

Utilities

  • Cooling: Wall AC
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Electric: 75
  • Annual Fuel Expense: 75
  • Annual Insurance Expense: 400
  • Annual Maintenance Expense: 100
  • Annual Water Sewer Expense: 100
  • Number Of W D Hookups: 1

Condo/Co-op/Association

  • Common Amenities: Sidewalks

Schools

  • Elementary School: Forest Park

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 45 x 168
  • Estimated Lot Sq Ft: 7562
  • Estimated Lot Size Acres: 0.1736

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Tax
  • Tenant Pays: Cable, Cooling, Electric, Fuel, Heating, Sewer, Trash Collection, Water

Tax Info

  • Annual Property Tax: 653

Multi Family

  • Number Of Units: 1

MLS Schools

  • High School: North Side
  • Middle School: Lakeside
  • School District: Fort Wayne Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2019
Closed on
Oct 23, 2019
Sold by
Paul Scott Properties Llc
Bought by
Ebenezer Properties Llc
Seller's Agent
Tim McCulloch
Scheerer McCulloch Real Estate
Buyer's Agent
Tim McCulloch
Scheerer McCulloch Real Estate
List Price
$29,800
Sold Price
$41,513
Premium/Discount to List
$11,713
39.31%
Current Estimated Value
$133,719

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,206
Avg. Annual Appreciation
20.02%

Purchase Details

Closed on
Jan 3, 2012
Sold by
Prante Esther and Prante Michael L
Bought by
Paul Scott Properties Llc

Purchase Details

Closed on
Mar 10, 2011
Sold by
Prante Nelson L and Prante Esther
Bought by
Prante Michael L and Barva Catherine L
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
Ebenezer Properties Llc -- Titan Title Services
Paul Scott Properties Llc -- Titan Title Services Llc
Prante Michael L -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/21/2019 10/21/19 Sold $41,513 +39.3% $38 / Sq Ft
10/01/2019 10/01/19 Pending -- -- --
09/21/2019 09/21/19 For Sale $29,800 -- $27 / 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 $1,936 $99,200 $33,700 $65,500
2024 $1,936 $84,700 $24,900 $59,800
2022 $1,146 $51,000 $10,800 $40,200
2021 $1,127 $50,300 $15,000 $35,300
2020 $1,228 $56,100 $5,700 $50,400
2019 $649 $29,800 $5,700 $24,100
2018 $653 $29,800 $5,700 $24,100
2017 $575 $26,000 $5,600 $20,400
2016 $558 $25,600 $4,800 $20,800
2014 $432 $20,800 $6,000 $14,800
2013 $502 $24,200 $4,100 $20,100
Source: Public Records

Agents Affiliated with this Home

  • Tim McCulloch

    Seller's Agent in 2019

    Tim McCulloch

    Scheerer McCulloch Real Estate

    (260) 441-8636

    348 Total Sales

    Tim McCulloch
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Map

Source: Indiana Regional MLS

MLS Number: 201941614

Indiana Regional MLS

APN: 02-07-35-479-011.000-074

Indiana Allen County Fort Wayne 46805 Spy Run

428 Nussbaum Ave, Fort Wayne, IN

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS 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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