$343,875
SOLD DEC 12, 2024
10 Beds
6 Baths
4,436 Sq Ft
0.28 Acres

Recently Sold

$78 Per Sq Ft

175% Above List Price

21 Days on Market

Highlights

  • Balcony
  • Baseboard Heating
  • Level Lot
  • Tile Flooring

About This Home

As of December 2024

INVESTMENT POTENTIAL ! This is an ONLINE Multi-Tract Commercial Real Estate Auction. All offers must be submitted ONLINE. The current highest bid amount will be available to the public. The MINIMUM starting bid for each is $ 125,000. The Trustee will review the Highest Offer on Tuesday, November 12 @ 3:00 pm. There will be Two Open House dates to view the property on Sun. Nov. 3 (1 – 2pm) & Sun. Nov. 10 (1 – 2pm). >> Properties may be purchased individually, or as a whole. Interior Floor Plans in Documents, Rental income & info available upon request. TRACT #1 is Located @ 6301 Reed Rd which consists of a 4 Unit Brick Apartment Building with 4,436sqft Living Space on 0.28 acres on corner lot. All units are currently leased in this 2 floor complex close to Parks, Shopping & YMCA with 2,218sqft each level. Two Units consist of 2 Beds / 1 Bath with Living room, Kitchen with Laundry hook-up. Two Units consist of 3 Beds / 1.5 Baths with Living & Family Rooms, Kitchen and separate laundry room. Carport allows 3 spots with additional streetside parking for guests. TRACT #2 is Located @ 4717 Furge Dr. which consists of a 4 Unit Brick Apartment Building with 4,436sqft Living Space on 0.28 acres on corner lot. All units are currently leased in this 2 floor complex close to Parks, Shopping & YMCA with 2,218sqft each level. Two Units consist of 2 Beds / 1 Bath with Living room, Kitchen with Laundry hook-up. Two Units consist of 3 Beds / 1.5 Baths with Living & Family Rooms, Kitchen and separate laundry room. Parking consists of 4-6 paved uncovered spaces and additional StreetSide parking for guests. ***Auctioneer reserves the right to make changes to an auction, to split or combine lots, cancel, suspend, or extend the auction event. This property may sell at, above, or below listed price depending on the outcome of the auction bidding.***

Last Agent to Sell the Property

Kurt Ness

Ness Bros. Realtors & Auctioneers Brokerage Phone: 260-459-3911

Last Buyer's Agent

Kurt Ness

Ness Bros. Realtors & Auctioneers Brokerage Phone: 260-459-3911

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,666

Year Built

  • Built in 1972

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 145x85
  • Level Lot

Home Design

  • Brick Exterior Construction
  • Brick Foundation
  • Asphalt Roof

Interior Spaces

  • 4,436 Sq Ft Home
  • 2-Story Property
  • Basement
  • Crawl Space
  • Laundry in Kitchen

Flooring

  • Partially Carpeted
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 10 Bedrooms

Parking

  • 5 Parking Spaces
  • Driveway
  • Parking Lot

Schools

  • St. Joseph Central Elementary School
  • Jefferson Middle School
  • Northrop High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Mounted To A Wall or Window

Additional Features

  • Balcony
  • Suburban Location

Community Details

  • 4 Units
  • Shoaff Park Village Subdivision

Listing and Financial Details

  • Tenant pays for alarm, cable, cooling, electric, fuel, heating
  • The owner pays for building insurance, lawn maintenance, maintenance, sewer, snow removal, tax, water
  • Assessor Parcel Number 02-08-17-431-008.000-072

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,666

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Apartment Building
  • Year Built: 1972
  • Age: 52
  • Style: Two Story
  • Bedrooms: 10
  • Number Above Grade Bedrooms: 10
  • Total Bathrooms: 6
  • Total Full Bathrooms: 4
  • Total Number of Half Bathrooms: 2
  • Legal Description: SHOAFF PARK VILLAGE LOT 5
  • Parcel Number ID: 02-08-17-431-008.000-072
  • Platted: Yes
  • Amenities: Basement, Balcony
  • Location: City/Town/Suburb
  • Road Access: City
  • Road Surface: Asphalt
  • Sp Lp Percent: 100
  • Monthly Gross Income: 3045
  • Year Taxes Payable: 2023
  • Special Features: Auction

Interior Features

  • Total Sq Ft: 4436
  • Total Finished Sq Ft: 4436
  • Above Grade Finished Sq Ft: 4436
  • Price Per Sq Ft: 77.52
  • Basement: Yes
  • Basement Foundation: Crawl
  • Basement Material: Brick
  • Flooring: Part Carpet, Tile, Vinyl
  • Number Of Microwaves: 4
  • Number Of Ranges Ovens: 4

Exterior Features

  • Exterior: Brick
  • Roof Material: Asphalt
  • Stories: 2

Garage/Parking

  • Driveway: Concrete
  • Number Of Parking Spaces: 5
  • Parking: Lot

Utilities

  • Cooling: Wall AC, Window
  • Heating Fuel: Electricity, Baseboard, Wall Heater
  • Sewer: City
  • Water Utilities: City
  • Number Of W D Hookups: 4

Condo/Co-op/Association

  • Common Amenities: Sidewalks

Schools

  • School District: Fort Wayne Community
  • Elementary School: St. Joseph Central
  • Middle School: Jefferson
  • High School: Northrop
  • Elementary School: St. Joseph Central

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 145x85
  • Estimated Lot Sq Ft: 12197
  • Estimated Lot Size Acres: 0.28

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Building Insurance, Lawn Maintenance, Maintenance, Sewer, Snow Removal, Tax, Water
  • Tenant Pays: Alarm, Cable, Cooling, Electric, Fuel, Heating

Multi Family

  • Gross Monthly Rent: 3045
  • Number Of Dryers: 2
  • Number Of Refrigerators: 4
  • Number Of Units: 4
  • Number Of Washers: 2
  • Num Of2 Bedrooms: 2
  • Number Of 3 Bedrooms: 2
  • Num Of Units Rented: 4

Tax Info

  • Annual Property Tax: 2665.7

MLS Schools

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

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/12/2024 12/12/24 Sold $343,875 +175.1% $78 / Sq Ft
11/12/2024 11/12/24 Pending -- -- --
10/22/2024 10/22/24 For Sale $125,000 -- $28 / Sq Ft
Source: Indiana Regional MLS

Source: Indiana Regional MLS

MLS Number: 202440988

Indiana Regional MLS