$90,000
SOLD MAY 29, 2025
2 Beds
1 Bath
936 Sq Ft
7,841 Sq Ft Lot

Recently Sold

$96 Per Sq Ft

9% Below List Price

15 Days on Market

Highlights

  • Ranch Style House
  • Corner Lot
  • Forced Air Heating and Cooling System
  • Wood Flooring
  • 3 Car Detached Garage

About This Home

As of May 2025

This unique estate property offers a combination of residential comfort, a potential for it to be an income producing asset for investors, and ample workspace in the 1364 sq ft building with heat, all situated on a desirable corner lot with C2 zoning. The home is a cozy 2-bedroom, 1-bathroom ranch has an unfinished basement and a welcoming layout that includes both a dining room and living room, Investors, take note, there is strong rental potential here. With the flexibility of commercial zoning and two separate structures, this property could easily serve as an income-producing asset. Whether you're looking to expand a business, launch a new venture, or generate rental income, this rare opportunity offers the space, zoning, and versatility to make it happen. Just steps from the house, you’ll find a massive 1,364 square foot detached garage and shop, ideal for trades, hobbies, storage, or even a home-based business. The shop includes a kitchen area and a bathroom space with a toliet, making it well-equipped for extended workdays or project use. It is heated with a gas furnace in the center room and a gas wall unit in the front, ensuring year-round functionality. The garage also features two large overhead doors—one 8 feet and the other 10 feet high—providing easy access for vehicles, equipment, or large-scale projects. A spacious deck connects the home and the shop, creating a private outdoor area perfect for relaxing or entertaining. Situated on a corner lot with frontage on both ends, this property is full of potential for someone looking to combine home life with business or create an income producing asset. Being sold As Is. Commercial zoning so verify lender can do loan prior to scheduling a showing if using financing.

Last Agent to Sell the Property

Kristi Abel

CENTURY 21 Bradley Realty, Inc Brokerage Phone: 260-312-4558 Listed on: 05/06/2025

CENTURY 21 Bradley Realty, Inc

Last Buyer's Agent

Ty McInturff

CENTURY 21 Bradley Realty, Inc

CENTURY 21 Bradley Realty, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,158

Year Built

  • Built in 1940

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 50 x 137
  • Corner Lot
  • Level Lot

Parking

  • 3 Car Detached Garage

Home Design

  • Ranch Style House
  • Asphalt Roof

Interior Spaces

  • Wood Flooring
  • Unfinished Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • South Wayne Elementary School
  • Portage Middle School
  • South Side High School

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • Wiebkes Subdivision

Listing and Financial Details

  • Assessor Parcel Number 02-12-13-155-011.000-074

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,158

Year Built

Built in 1940

Lot Details

0

Parking

3

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1940
  • Age: 85
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 5
  • Total Number of Rooms Below Grade: 1
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: E 10 Lot 11 Lot 12 Wiebkes Sub Add
  • Parcel Number ID: 02-12-13-155-011.000-074
  • Platted: Yes
  • Sp Lp Percent: 90.91
  • Year Taxes Payable: 2026
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1872
  • Total Finished Sq Ft: 936
  • Above Grade Finished Sq Ft: 936
  • Below Grade Sq Ft: 936
  • Price Per Sq Ft: 96.15
  • Basement: Yes
  • Basement Foundation: Unfinished
  • Flooring: Hardwood Floors
  • Living Great Room: Dimensions: 17x12, On Level: Main
  • Kitchen: Dimensions: 12x8, On Level: Main
  • Dining Room: Dimensions: 13x9, On Level: Main
  • Bedroom 1: Dimensions: 12x11, On Level: Main
  • Bedroom 2: Dimensions: 12x7, On Level: Main
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 936

Exterior Features

  • Exterior: Aluminum
  • Roof Material: Asphalt
  • Outbuilding1: None

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 3
  • Garage Size: Dimensions: 58x23
  • Garage Sq Ft: 1334
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Forced Air
  • Sewer: Public
  • Water Utilities: Public

Schools

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

Lot Info

  • Lot Description: Corner, Level
  • Lot Dimensions: 50 x 137
  • Estimated Lot Sq Ft: 7841
  • Estimated Lot Size Acres: 0.18

Tax Info

  • Annual Taxes: 1157.68

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2025
Closed on
May 29, 2025
Sold by
Smith Marshall G
Bought by
Mr Ventures Llc
Seller's Agent
Kristi Abel
CENTURY 21 Bradley Realty, Inc
Buyer's Agent
Ty McInturff
CENTURY 21 Bradley Realty, Inc
List Price
$99,000
Sold Price
$90,000
Premium/Discount to List
-$9,000
-9.09%
Views
84
Current Estimated Value
$92,618

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,618
Avg. Annual Appreciation
8.29%
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Personal Reps Deed -- Centurion Land Title
Personal Reps Deed -- Centurion Land Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/29/2025 05/29/25 Sold $90,000 -9.1% $96 / Sq Ft
05/21/2025 05/21/25 Pending -- -- --
05/06/2025 05/06/25 For Sale $99,000 -- $106 / 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 $281 $47,800 $3,800 $44,000
2022 $27 $43,000 $3,800 $39,200
2021 $27 $39,600 $3,800 $35,800
2020 $28 $39,600 $3,800 $35,800
2019 $77 $39,600 $3,800 $35,800
2018 $287 $39,600 $3,800 $35,800
2017 $449 $46,700 $3,800 $42,900
2016 $412 $46,300 $3,800 $42,500
2014 $424 $44,800 $4,200 $40,600
2013 $426 $45,200 $4,200 $41,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202516221

Indiana Regional MLS

APN: 02-12-13-155-011.000-074