NOT LISTED FOR SALE

4416 Spatz Ave Fort Wayne, IN 46806

Pettit-Rudisill Neighborhood

Estimated Value: $70,000 - $92,000

3 Beds
1 Bath
864 Sq Ft
$94/Sq Ft Est. Value

Last Sold February 26, 2021

Last sale price $52,750 $61 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $487/month

1 Day on Market

Highlights

  • Wood Flooring
  • Government Subsidized Program
  • Baseboard Heating
  • Bungalow
  • Laundry in Utility Room
  • Level Lot

About This Home

As of February 2021

This is a 3 bedroom, 1 Bath with Vinyl siding, electric baseboard heat, newer vinyl windows, basement with laundry room, and extra partial finished room. long term tenant 6 yrs, $700 per month income. Section 8 Gov. assistance secure income. Basement has been waterproofed.

Last Agent to Sell the Property

Gary Brigman

Keller Williams Realty Group Listed on: 02/12/2021

Keller Williams Realty Group

Co-Listed By

Jill Brigman

Keller Williams Realty Group

Last Buyer's Agent

Gary Brigman

Keller Williams Realty Group Listed on: 02/12/2021

Keller Williams Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $573

Year Built

  • Built in 1945

Lot Details

  • 5,471 Sq Ft Lot
  • Lot Dimensions are 48 x 114
  • Level Lot

Home Design

  • Bungalow
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property
  • Laundry in Utility Room

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Parking

  • 2 Parking Spaces
  • Driveway
  • On-Street Parking

Utilities

  • Window Unit Cooling System
  • Baseboard Heating

Additional Features

  • Suburban Location
  • Government Subsidized Program

Community Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter

Listing and Financial Details

  • Tenant pays for electric, water
  • The owner pays for tax
  • Assessor Parcel Number 02-12-24-132-014.000-074

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$573

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Year Built: 1945
  • Age: 76
  • Style: One Story
  • Architectural Style: Bungalow
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: N20 ft of lot 347 and S 28ft of 349 Bercots Add.
  • Parcel Number ID: 02-12-24-132-014.000-074
  • Platted: Yes
  • Amenities: Basement
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Road Access: City
  • Road Surface: Asphalt
  • Sp Lp Percent: 96.79
  • Government Subsidized: Yes
  • Monthly Gross Income: 700
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 1728
  • Total Finished Sq Ft: 864
  • Above Grade Finished Sq Ft: 864
  • Below Grade Sq Ft: 864
  • Price Per Sq Ft: 61.05
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Basement Material: Block
  • Flooring: Carpet, Wood
  • Main Level Sq Ft: 864
  • Total Below Grade Sq Ft: 864
  • Number Of Ranges Ovens: 1

Exterior Features

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

Garage/Parking

  • Number Of Parking Spaces: 2
  • Parking: Street

Utilities

  • Cooling: Window
  • Heating Fuel: Electricity, Baseboard
  • Sewer: City
  • Water Utilities: City
  • 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: Abbett
  • Middle School: Lane
  • High School: South Side

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 48 x 114
  • Estimated Lot Sq Ft: 5471
  • Estimated Lot Size Acres: 0.1256
  • Lot Number: 348

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Tax
  • Tenant Pays: Electric, Water

Multi Family

  • Gross Monthly Rent: 700
  • Number Of Refrigerators: 1
  • Number Of Units: 1
  • Number Of 3 Bedrooms: 1
  • Num Of Units Rented: 1

Tax Info

  • Annual Property Tax: 573

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2021
Closed on
Feb 26, 2021
Sold by
Bredemeyer Properties Llc
Bought by
Dwc Properties Llc
Seller's Agent
Gary Brigman
Keller Williams Realty Group
Buyer's Agent
Gary Brigman
Keller Williams Realty Group
List Price
$54,500
Sold Price
$52,750
Premium/Discount to List
-$1,750
-3.21%
Current Estimated Value
$81,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,250
Avg. Annual Appreciation
10.43%

Purchase Details

Closed on
Nov 6, 2009
Sold by
Kmg Rentals Ii Llc
Bought by
Bredemeyer Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$29,100
Interest Rate
5.11%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Nov 13, 2007
Sold by
Statewide Real Estate Solutions Llc
Bought by
Kmg Rentals Ii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,000
Interest Rate
20%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 27, 2007
Sold by
Beacon Cu
Bought by
Statewide Real Estate Solutions Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000
Interest Rate
6.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 22, 2006
Sold by
Franklin Welby E
Bought by
Beacon Cu

Purchase Details

Closed on
Feb 26, 2002
Sold by
Franklin Welby E
Bought by
En Aid Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Dwc Properties Llc $205,000 Trademark Title
Bredemeyer Properties Llc -- Lawyers Title
Kmg Rentals Ii Llc -- Commonwealth-Dreibelbiss Tit
Statewide Real Estate Solutions Llc -- Metropolitan Title Of In Llc
Beacon Cu $477,760 None Available
En Aid Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dwc Properties Llc $583,000
Previous Owner Bredemeyer Properties Llc $29,100
Previous Owner Kmg Rentals Ii Llc $39,000
Previous Owner Statewide Real Estate Solutions Llc $10,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2021 02/26/21 Sold $52,750 -3.2% $61 / Sq Ft
02/13/2021 02/13/21 Pending -- -- --
02/12/2021 02/12/21 For Sale $54,500 -- $63 / 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 $583 $50,400 $9,200 $41,200
2022 $1,429 $63,600 $6,800 $56,800
2021 $672 $30,000 $4,400 $25,600
2020 $534 $24,400 $900 $23,500
2019 $573 $26,300 $800 $25,500
2018 $544 $24,800 $1,000 $23,800
2017 $526 $23,800 $1,200 $22,600
2016 $401 $18,400 $1,100 $17,300
2014 $391 $18,800 $1,400 $17,400
2013 $363 $17,500 $1,200 $16,300
Source: Public Records

Agents Affiliated with this Home

  • Gary Brigman

    Seller's Agent in 2021

    Gary Brigman

    Keller Williams Realty Group

    (260) 410-0064

    30 in this area

    121 Total Sales

    Gary Brigman
    Section Image

  • J

    Seller Co-Listing Agent in 2021

    Jill Brigman

    Keller Williams Realty Group

    (260) 410-0174

    29 in this area

    162 Total Sales

    Jill Brigman
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202104610

Indiana Regional MLS

APN: 02-12-24-132-014.000-074

Indiana Allen County Fort Wayne 46806 Pettit-Rudisill

4416 Spatz Ave, Fort Wayne, IN

This home is located at 4416 Spatz Ave, Fort Wayne, IN 46806 since 12 February 2021 and is currently estimated at $81,000, approximately $93 per square foot. This property was built in 1945. 4416 Spatz Ave is a home located in Allen County with nearby schools including Merle J Abbett Elementary School, Lane Middle School, and South Side High School.

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 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.

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