462 E Suttenfield St Fort Wayne, IN 46803
La Rez NeighborhoodEstimated payment $703/month
Highlights
- Wood Flooring
- Shed
- Level Lot
- Porch
- Forced Air Heating System
- Wood Siding
About This Home
Conveniently located near downtown, this duplex presents an incredible opportunity for investors, flippers, or owner-occupants looking to build equity and customize a property from the ground up. The owner has already taken the property all the way down to the studs, giving you a clean slate to design and finish exactly how you envision. With the major demolition already completed, you can move directly into rebuilding and installing all new electrical, plumbing, HVAC, windows, finishes, and other updates to create a modern income-producing property. Basement walls are solid, and the property offers strong upside potential for the right buyer. Plans and blueprints are available to help guide the design and layout, while still allowing flexibility to customize the duplex to your liking. Estimated rental income after completion is approximately $1,300–$1,500 per side, with an estimated after-repair value around $240,000–$250,000. The owner is a licensed contractor and may be willing to discuss completing the renovation for the buyer. FHA 203(k) financing could be a fantastic option — live in one unit while renting the other to help offset your mortgage payment. The possibilities are endless. Don’t miss this opportunity to create value and build wealth with a duplex in a convenient downtown location.
Listing Agent
JM Realty Associates, Inc. Brokerage Phone: 260-479-8161 Listed on: 05/15/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1915
Lot Details
- 2,347 Sq Ft Lot
- Lot Dimensions are 30 x 77
- Level Lot
Home Design
- Duplex
- Wood Siding
Interior Spaces
- 3-Story Property
- Basement
- Crawl Space
Flooring
- Wood
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Outdoor Features
- Shed
- Porch
Schools
- Fairfield Elementary School
- Shawnee Middle School
- South Side High School
Utilities
- Forced Air Heating System
- Heating System Uses Gas
Community Details
- 2 Units
- Purman Subdivision
Listing and Financial Details
- Assessor Parcel Number 02-12-12-354-009.000-074
Map
Home Values in the Area
Average Home Value in this Area
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 | $1,361 | $60,500 | $11,000 | $49,500 |
| 2024 | $2,719 | $61,900 | $11,700 | $50,200 |
| 2022 | $993 | $44,200 | $4,100 | $40,100 |
| 2021 | $643 | $28,700 | $800 | $27,900 |
| 2020 | $824 | $28,700 | $800 | $27,900 |
| 2019 | $560 | $25,700 | $800 | $24,900 |
| 2018 | $982 | $38,500 | $800 | $37,700 |
| 2017 | $554 | $31,900 | $800 | $31,100 |
| 2016 | $181 | $22,100 | $800 | $21,300 |
| 2014 | $142 | $17,600 | $800 | $16,800 |
| 2013 | $141 | $17,800 | $800 | $17,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/15/2026 05/15/26 | For Sale | $109,000 | -- | $65 / Sq Ft |
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 |
|---|---|---|---|
| Quit Claim Deed | -- | Near North Title Group | |
| Warranty Deed | -- | None Listed On Document | |
| Quit Claim Deed | -- | None Listed On Document | |
| Quit Claim Deed | -- | None Listed On Document | |
| Quit Claim Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available |
Source: Indiana Regional MLS
MLS Number: 202618627
APN: 02-12-12-354-009.000-074
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Based on information submitted to the MLS GRID
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Ask me questions while you tour the home.