$60,000
SOLD FEB 4, 2022
2 Beds
1 Bath
682 Sq Ft
5,358 Sq Ft Lot

Recently Sold

$88 Per Sq Ft

14% Below List Price

47 Days on Market

Highlights

  • Corner Lot
  • Carpet
  • 1-Story Property

About This Home

As of February 2022

Great investment property. Currently rented for $700 per month!!! OVER A 10.5% CAP RATE!!!! add this to your portfolio today before it is gone!!

Last Agent to Sell the Property

Jared Kent

Anthony REALTORS Listed on: 11/18/2021

Last Buyer's Agent

Sierra Potts

North Eastern Group Realty

North Eastern Group Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $621

Year Built

  • Built in 1965

Lot Details

  • 5,358 Sq Ft Lot
  • Lot Dimensions are 40x134
  • Corner Lot

Home Design

  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 682 Sq Ft Home
  • 1-Story Property
  • Carpet
  • Basement
  • Crawl Space
  • Washer Hookup

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Heating System Uses Gas

Community Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Insurance Expense $444

Listing and Financial Details

  • Tenant pays for electric, fuel, heating, sewer, trash collection, water
  • Assessor Parcel Number 02-12-24-229-016.000-074

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$621

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Year Built: 1965
  • Age: 57
  • Style: One Story
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: Lot 23 Kenwood Park Add
  • Parcel Number ID: 02-12-24-229-016.000-074
  • Platted: Yes
  • Amenities: Washer Hook-Up
  • Sp Lp Percent: 92.31
  • Monthly Gross Income: 700
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 682
  • Total Finished Sq Ft: 682
  • Above Grade Finished Sq Ft: 682
  • Price Per Sq Ft: 87.98
  • Basement: Yes
  • Basement Foundation: Crawl
  • Flooring: Carpet
  • Number Of Microwaves: 1
  • Number Of Ranges Ovens: 1

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt
  • Stories: 1

Utilities

  • Heating Fuel: Gas
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 444
  • Number Electric Meters: 1
  • Number Gas Meters: 1
  • Number Of W D Hookups: 1
  • Number Water Meters: 1

Schools

  • School District: Fort Wayne Community
  • Elementary School: Price
  • Middle School: Lane
  • High School: South Side

Lot Info

  • Lot Description: Corner
  • Lot Dimensions: 40x134
  • Estimated Lot Sq Ft: 5358
  • Estimated Lot Size Acres: 0.123
  • Lot Number: 23

Rental Info

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

Multi Family

  • Gross Monthly Rent: 700
  • Number Of Dryers: 1
  • Number Of Refrigerators: 1
  • Number Of Units: 1
  • Number Of Washers: 1
  • Num Of2 Bedrooms: 1
  • Num Of Units Rented: 1

Tax Info

  • Annual Property Tax: 621

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2021
Closed on
Feb 4, 2022
Sold by
Romain Nicole
Bought by
Skeleton Key Real Estate Llc
Seller's Agent
Jared Kent
Anthony REALTORS
Buyer's Agent
Sierra Potts
North Eastern Group Realty
List Price
$70,000
Sold Price
$60,000
Premium/Discount to List
-$10,000
-14.29%
Current Estimated Value
$85,322

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,322
Avg. Annual Appreciation
10.24%
Original Mortgage
$51,000
Outstanding Balance
$47,357
Interest Rate
3.55%
Mortgage Type
FHA
Estimated Equity
$37,965

Purchase Details

Closed on
Oct 25, 2021
Sold by
Olsen Investments Llc
Bought by
Jared Kent Realtor Llc

Purchase Details

Closed on
Oct 21, 2021
Sold by
Olsen Investments Llc
Bought by
Jared Kent Realtor Llc

Purchase Details

Listed on
Aug 12, 2019
Closed on
Feb 19, 2020
Sold by
Ameritrust Lending Llc
Bought by
Olsen Investments Llc
Seller's Agent
Brian Schaper
Metro Real Estate, LLC
Buyer's Agent
Jordan Wildman
eXp Realty, LLC
List Price
$29,900
Sold Price
$28,900
Premium/Discount to List
-$1,000
-3.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.41%

Purchase Details

Listed on
Aug 12, 2019
Closed on
Feb 7, 2020
Sold by
Ameritrust Lending Llc
Bought by
Olsen Investments Llc
Seller's Agent
Brian Schaper
Metro Real Estate, LLC
Buyer's Agent
Jordan Wildman
eXp Realty, LLC
List Price
$29,900
Sold Price
$28,900
Premium/Discount to List
-$1,000
-3.34%

Purchase Details

Closed on
Dec 12, 2010
Sold by
Borgmann Lisbeth A and Blosser Lisbeth A
Bought by
Ameritrust Lending Llc

Purchase Details

Closed on
Oct 2, 2006
Sold by
Day Tim
Bought by
Howard Charles W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,475
Interest Rate
9.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 15, 2004
Sold by
Ottaco Acceptance Corp
Bought by
Day Tim

Purchase Details

Closed on
May 1, 2003
Sold by
First National Bank Of America
Bought by
Ottaco Acceptance Inc

Purchase Details

Closed on
Sep 12, 2002
Sold by
Blatz Gregory A
Bought by
First National Bank Of America
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- Stauffer Terry A
Warranty Deed $60,000 Stauffer Terry A
Warranty Deed $43,000 Metropolitan Title Of In Llc
Warranty Deed -- Metropolitan Title
Warranty Deed -- Metropolitan Title
Warranty Deed $28,900 Metropolitan Title Of In Llc
Public Action Common In Florida Clerks Tax Deed Or Tax Deeds Or Property Sold For Taxes $2,357 None Available
Warranty Deed -- Accurate Title
Corporate Deed -- --
Quit Claim Deed -- --
Sheriffs Deed $823,468 Security Title Ins
Sheriffs Deed $823,468 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $51,000 FHA
Closed $51,000 FHA
Previous Owner $28,475 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2022 02/04/22 Sold $60,000 -7.7% $88 / Sq Ft
01/04/2022 01/04/22 Pending -- -- --
12/28/2021 12/28/21 Price Changed $65,000 -7.1% $95 / Sq Ft
11/18/2021 11/18/21 For Sale $70,000 +142.2% $103 / Sq Ft
02/18/2020 02/18/20 Sold $28,900 -3.3% $42 / Sq Ft
01/21/2020 01/21/20 Pending -- -- --
12/18/2019 12/18/19 For Sale $29,900 0.0% $44 / Sq Ft
12/18/2019 12/18/19 Price Changed $29,900 +3.5% $44 / Sq Ft
11/19/2019 11/19/19 Off Market $28,900 -- --
10/23/2019 10/23/19 Price Changed $27,900 -2.1% $41 / Sq Ft
10/20/2019 10/20/19 Price Changed $28,500 -4.7% $42 / Sq Ft
10/03/2019 10/03/19 Price Changed $29,900 -14.3% $44 / Sq Ft
10/02/2019 10/02/19 For Sale $34,900 0.0% $51 / Sq Ft
08/25/2019 08/25/19 Pending -- -- --
08/12/2019 08/12/19 For Sale $34,900 -- $51 / 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 $1,385 $58,000 $12,100 $45,900
2022 $1,169 $52,000 $6,100 $45,900
2021 $672 $30,000 $1,100 $28,900
2020 $621 $28,400 $1,200 $27,200
2019 $501 $23,000 $1,200 $21,800
2018 $539 $24,600 $1,000 $23,600
2017 $414 $18,700 $1,100 $17,600
2016 $373 $17,100 $1,200 $15,900
2014 $293 $14,100 $1,200 $12,900
2013 $293 $15,000 $1,100 $13,900
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 202148277

Indiana Regional MLS

APN: 02-12-24-229-016.000-074