$145,000

Estimated payment $980/month

3 Beds
2 Baths
1,232 Sq Ft
$118 Price per Sq Ft

Highlights

  • Fenced Yard
  • Patio
  • Forced Air Heating System
  • Built-In Features
  • Tile Flooring
  • 4-minute walk to Ivan Lebamoff Reservoir Park

About This Home

Investment opportunity! This well-maintained duplex offers strong rental income and additional earning potential. The lower unit is currently rented for $1,025 per month, while the upper unit generates $800 per month. Tenants are responsible for utility overages exceeding $200, helping to offset operating costs. A detached garage is separately rented for $40 per month, providing extra monthly income. Situated on a large lot with an expansive side yard, the property offers plenty of outdoor space for recreation and summer activities. Conveniently located within walking distance of Ivan Lebamoff Reservoir Park and just minutes from downtown Fort Wayne's shopping, dining, and entertainment. Professional management is already in place and can remain for a seamless transition to the new owner. This is an excellent opportunity for both seasoned investors and those looking to add a turnkey income-producing property to their portfolio.

Listing Agent

Kathy Hutchins

CENTURY 21 Bradley Realty, Inc Brokerage Phone: 260-609-3570 Listed on: 06/05/2026

CENTURY 21 Bradley Realty, Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,361

Year Built

  • Built in 1971

Lot Details

  • 5,400 Sq Ft Lot
  • Fenced Yard
  • Wood Fence

Home Design

  • Duplex
  • Planned Development
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Built-In Features
  • Fire and Smoke Detector
  • Washer Hookup

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

  • Block Basement Construction
  • Crawl Space

Parking

  • 1 Car Garage
  • On-Street Parking
  • Off-Street Parking

Schools

  • Arlington Elementary School
  • Jefferson Middle School
  • Northrop High School

Utilities

  • Forced Air Heating System
  • Baseboard Heating
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Patio
  • Suburban Location

Listing and Financial Details

  • Assessor Parcel Number 02-12-12-352-013.000-074
  • Seller Concessions Not Offered

Community Details

Overview

  • 2 Units
  • Lasalles Subdivision

Pet Policy

  • Pets Allowed with Restrictions

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $1,999
  • Fuel Expense $1,214
  • Insurance Expense $2,400
  • Maintenance Expense $800
  • Water Sewer Expense $1,143

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,361

Year Built

Built in 1971

Lot Details

5,400 Sq Ft Lot

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1971
  • Style: Two Story
  • Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: W 18' LOT 173 & E 18' LOT 174 LASSELLES ADDITION
  • Parcel Number ID: 02-12-12-352-013.000-074
  • Platted: Yes
  • Amenities: Fenced Yard, Off Street Parking, Built-In Entertainment Ct, Cable Ready, Deck Open, Detector-Smoke, Patio Open, Water Heater Gas, Washer Hook-Up
  • Cross Street: Clinton
  • Location: City/Town/Suburb
  • Special Features: None

Interior Features

  • Total Sq Ft: 1936
  • Total Finished Sq Ft: 1232
  • Above Grade Finished Sq Ft: 1232
  • Below Grade Sq Ft: 704
  • Basement: Yes
  • Basement Foundation: Crawl, Unfinished
  • Basement Material: Block
  • Flooring: Carpet, Tile, Vinyl
  • Main Level Sq Ft: 896
  • Total Below Grade Sq Ft: 704
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt
  • Fence: Wood
  • Stories: 2
  • Outbuilding Sq Ft: 504

Garage/Parking

  • Parking: Garage, Street

Utilities

  • Heating Fuel: Electricity, Gas, Baseboard, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: AEP/I&M
  • Gas Company: NIPSCO
  • Water Company: Fort Wayne City Utilities
  • Annual Electric: 1999
  • Annual Fuel Expense: 1214
  • Annual Insurance Expense: 2400
  • Annual Maintenance Expense: 800
  • Annual Water Sewer Expense: 1143
  • 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

  • Elementary School: Arlington

Lot Info

  • Lot Description: Planned Unit Development
  • Lot Dimensions: 2271
  • Estimated Lot Sq Ft: 5400
  • Estimated Lot Size Acres: 0.12

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Electric, Heating, Lawn Maintenance, Sewer, Trash Collection, Water

Tax Info

  • Annual Property Tax: 2361

Multi Family

  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of1 Bedrooms: 1
  • Num Of2 Bedrooms: 1

MLS Schools

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

Map

Range of Values:

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Value Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $2,361 $104,900 $22,000 $82,900
2024 $530 $92,000 $19,100 $72,900
2022 $1,245 $55,400 $6,700 $48,700
2021 $786 $35,100 $1,300 $33,800
2020 $768 $35,100 $1,300 $33,800
2019 $686 $31,500 $1,300 $30,200
2018 $785 $35,800 $1,300 $34,500
2017 $655 $29,600 $1,300 $28,300
2016 $451 $20,700 $1,300 $19,400
2014 $343 $16,500 $1,300 $15,200
2013 $347 $16,700 $1,300 $15,400
Source: Public Records

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 Prior Sale
06/05/2026 06/05/26 For Sale $145,000 +11.5% $118 / Sq Ft
08/04/2023 08/04/23 Sold $130,000 -3.6% $83 / Sq Ft View Prior Sale
06/30/2023 06/30/23 Pending -- -- --
06/12/2023 06/12/23 For Sale $134,900 0.0% $86 / Sq Ft
06/04/2023 06/04/23 Pending -- -- --
05/31/2023 05/31/23 For Sale $134,900 -- $86 / Sq Ft
Source: Indiana Regional MLS

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
Warranty Deed -- Centurion Land Title
Warranty Deed -- Centurion Land Title
Warranty Deed -- None Listed On Document
Quit Claim Deed -- Metropolitan Title Of In
Quit Claim Deed -- None Available
Public Action Common In Florida Clerks Tax Deed Or Tax Deeds Or Property Sold For Taxes $2,250 None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Sheriffs Deed $35,000 --
Warranty Deed -- --
Source: Public Records

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
Open $97,500 New Conventional
Closed $97,500 New Conventional
Previous Owner $38,400 Balloon
Source: Public Records

Source: Indiana Regional MLS

MLS Number: 202621925

Indiana Regional MLS

APN: 02-12-12-352-013.000-074

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