NOT LISTED FOR SALE

4601 Bowser Ave Fort Wayne, IN 46806

Pettit-Rudisill Neighborhood

Estimated Value: $58,000 - $101,000

3 Beds
1 Bath
925 Sq Ft
$93/Sq Ft Est. Value

Last Sold August 25, 2020

Last sale price $37,500 $41 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $555/month

100 Days on Market

Highlights

  • Patio
  • Laundry in Utility Room
  • Level Lot
  • Bungalow
  • Forced Air Heating System
  • Carpet

About This Home

As of August 2020

This property is a great investment opportunity and is currently rented at $500/ month and has property Management in place. This can be purchased as an individual property or as part of a portfolio. Offers can be contingent on final walk through inspection. Sold as is.

Last Agent to Sell the Property

Gary Brigman

Keller Williams Realty Group Listed on: 05/04/2020

Keller Williams Realty Group

Co-Listed By

Jill Brigman

Keller Williams Realty Group

Last Buyer's Agent

Isaac Stoller

Steffen Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $505

Year Built

  • Built in 1952

Lot Details

  • 7,444 Sq Ft Lot
  • Lot Dimensions are 22 x133
  • Level Lot

Home Design

  • Bungalow
  • Slab Foundation
  • Asphalt Roof
  • Asphalt

Interior Spaces

  • 925 Sq Ft Home
  • 1-Story Property
  • Carpet
  • Laundry in Utility Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • 4 Parking Spaces
  • Driveway
  • On-Street Parking

Schools

  • Abbett Elementary School
  • Lane Middle School
  • South Side High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Additional Features

  • Patio
  • Suburban Location

Listing and Financial Details

  • Tenant pays for electric, fuel
  • The owner pays for tax
  • Assessor Parcel Number 02-12-24-254-001.000-074

Community Details

Overview

  • Mount Vernon Park Subdivision

Building Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$505

Year Built

Built in 1952

Lot Details

7,444 Sq Ft Lot

Listing Details

  • Class: INVESTMENT
  • Year Built: 1952
  • Style: One Story
  • Architectural Style: Bungalow
  • Bedrooms: 3
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: Lot 30 Mount Vernon Park Addition Sec II
  • Parcel Number ID: 02-12-24-254-001.000-074
  • Platted: Yes
  • Amenities: Patio Open
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Road Access: City
  • Road Surface: Asphalt
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 925
  • Total Finished Sq Ft: 925
  • Above Grade Finished Sq Ft: 925
  • Basement Foundation: Slab
  • Flooring: Carpet
  • Number Of Ranges Ovens: 1

Exterior Features

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

Garage/Parking

  • Number Of Parking Spaces: 4
  • Parking: Street

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Number Electric Meters: 1
  • Number Gas Meters: 1
  • Number Of W D Hookups: 1
  • Number Water Meters: 1

Schools

  • Elementary School: Abbett

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 22 x133
  • Estimated Lot Sq Ft: 7444
  • Estimated Lot Size Acres: 0.1709
  • Lot Number: 30

Rental Info

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

Tax Info

  • Annual Property Tax: 505

Multi Family

  • Number Of Refrigerators: 1
  • Number Of Units: 1

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2020
Closed on
Sep 2, 2020
Sold by
Neutra Properties Llc
Bought by
Bowser Rei Llc
Seller's Agent
Gary Brigman
Keller Williams Realty Group
Buyer's Agent
Isaac Stoller
Steffen Group
List Price
$42,000
Sold Price
$37,500
Premium/Discount to List
-$4,500
-10.71%
Current Estimated Value
$86,090

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,590
Avg. Annual Appreciation
16.38%

Purchase Details

Closed on
May 9, 2018
Sold by
Blumnathal Allen and Blomanthal Allen
Bought by
Inpro Rei Llc

Purchase Details

Closed on
Jan 14, 2010
Sold by
Purvis Steve
Bought by
Blomanthal Allen

Purchase Details

Closed on
Sep 15, 2009
Sold by
First Merchants Bank Na
Bought by
Purvis Steve

Purchase Details

Closed on
Jun 12, 2009
Sold by
Kmg Rentals Ii Llc
Bought by
First Merchants Bank Na

Purchase Details

Closed on
Dec 10, 2007
Sold by
Beacon Cu
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
$32,000
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 6, 2007
Sold by
Brown Dennis E and Brown Laura L
Bought by
Beacon Cu
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bowser Rei Llc -- Centurion Land Title
Inpro Rei Llc -- None Available
Blomanthal Allen -- None Available
Purvis Steve -- None Available
First Merchants Bank Na -- Commonwealth-Dreibelbiss Tit
Kmg Rentals Ii Llc -- Metropolitan Title Company
Beacon Cu $233,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kmg Rentals Ii Llc $32,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/25/2020 08/25/20 Sold $37,500 -10.7% $41 / Sq Ft
08/12/2020 08/12/20 Pending -- -- --
05/04/2020 05/04/20 For Sale $42,000 -- $45 / 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 $1,349 $51,800 $15,700 $36,100
2024 $1,349 $59,000 $15,700 $43,300
2023 $1,356 $59,300 $7,900 $51,400
2022 $1,209 $53,800 $7,900 $45,900
2021 $746 $33,300 $1,600 $31,700
2020 $624 $28,500 $1,600 $26,900
2019 $505 $23,200 $1,600 $21,600
2018 $563 $25,700 $1,600 $24,100
2017 $438 $19,800 $1,600 $18,200
2016 $375 $17,200 $1,600 $15,600
2014 $216 $10,400 $1,900 $8,500
2013 $214 $10,300 $1,900 $8,400
Source: Public Records

Agents Affiliated with this Home

  • Gary Brigman

    Seller's Agent in 2020

    Gary Brigman

    Keller Williams Realty Group

    (260) 410-0064

    22 in this area

    106 Total Sales

    Gary Brigman
    Section Image

  • J

    Seller Co-Listing Agent in 2020

    Jill Brigman

    Keller Williams Realty Group

    (260) 410-0174

    21 in this area

    141 Total Sales

    Jill Brigman
    Section Image
  • Isaac Stoller

    Buyer's Agent in 2020

    Isaac Stoller

    Steffen Group

    (260) 413-3515

    1 in this area

    168 Total Sales

    Isaac Stoller
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202015776

Indiana Regional MLS

APN: 02-12-24-254-001.000-074

Indiana Allen County Fort Wayne 46806 Pettit-Rudisill

4601 Bowser 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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