NOT LISTED FOR SALE

Estimated Value: $156,807 - $178,000

4 Beds
2 Baths
1,568 Sq Ft
$105/Sq Ft Est. Value

Last Sold January 31, 2018

Last sale price $49,500 $32 Per Sq Ft

Est. 231% increase in value since last sale

Current estimated payment $1,090/month

529 Days on Market

Highlights

  • Level Lot
  • Vinyl Flooring
  • 1-Story Property

About This Home

As of January 2018

Well maintained duplex both units are currently rented. Great income property. Possible land contract. New 1 year lease signed on apt B after a major remodel/redecorate. Tenant now pays for gas and electric. Tenant in apt A now paying an increased rent of $500.00

Last Agent to Sell the Property

Ruth Mercer

CENTURY 21 Bradley Realty, Inc Listed on: 06/30/2016

Co-Listed By

John Mattingly

Perfect Location Realty

Last Buyer's Agent

Mark McKibben

McKibben, Mark - Real Estate/Appraisals

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $660

Year Built

  • Built in 1923

Lot Details

  • 4,752 Sq Ft Lot
  • Lot Dimensions are 33x144
  • Level Lot

Parking

  • 2 Parking Spaces

Home Design

  • Duplex

Interior Spaces

  • 1-Story Property
  • Vinyl Flooring
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Schools

  • Bloomingdale Elementary School
  • Lakeside Middle School
  • North Side High School

Utilities

  • Window Unit Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for snow removal
  • The owner pays for cooling, heating, maintenance, trash collection, water
  • Assessor Parcel Number 02-07-35-376-014.000-074

Community Details

Overview

  • 2 Units
  • Bittinger Subdivision

Pet Policy

  • Pet Restriction

Building Details

  • Electric Expense $600
  • Fuel Expense $500
  • Insurance Expense $1,659
  • Maintenance Expense $595
  • Water Sewer Expense $1,217

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$660

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1923
  • Age: 95
  • Style: One and Half Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Lot # 11 Bittingers Sub |
  • Parcel Number ID: 02-07-35-376-014.000-074
  • Platted: Yes
  • Amenities: Basement
  • Sp Lp Percent: 86.99
  • State Id: in
  • Monthly Gross Income: 1125
  • Year Taxes Payable: 2015
  • Special Features: None

Interior Features

  • Total Sq Ft: 2332
  • Total Finished Sq Ft: 1568
  • Above Grade Finished Sq Ft: 1568
  • Below Grade Sq Ft: 764
  • Price Per Sq Ft: 31.57
  • Basement: Yes
  • Basement Foundation: Partial Basement
  • Flooring: Vinyl
  • Main Level Sq Ft: 1568
  • Total Below Grade Sq Ft: 764
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Aluminum
  • Stories: 1

Garage/Parking

  • Number Of Parking Spaces: 2

Utilities

  • Cooling: Window
  • Heating Fuel: Gas
  • Sewer: City
  • Water Utilities: City
  • Annual Electric: 600
  • Annual Fuel Expense: 500
  • Annual Insurance Expense: 1659
  • Annual Maintenance Expense: 595
  • Annual Water Sewer Expense: 1216.84

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • School District: Fort Wayne Community
  • Elementary School: Bloomingdale
  • Middle School: Lakeside
  • High School: North Side
  • Elementary School: Bloomingdale

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 33X144
  • Estimated Lot Sq Ft: 4752
  • Estimated Lot Size Acres: 0.1091
  • Lot Number: 11

Rental Info

  • Lease Term: Renewal Options
  • Owner Pays: Cooling, Heating, Maintenance, Trash Collection, Water
  • Tenant Pays: Snow Removal

Tax Info

  • Total Assessed Value: 32300
  • Annual Property Tax: 660

Multi Family

  • Gross Monthly Rent: 1125
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of1 Bedrooms: 2
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 2

MLS Schools

  • High School: North Side
  • Middle School: Lakeside
  • School District: Fort Wayne Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 28, 2024
Sold by
Mckibben Dustin M and Mckibben Corynn E
Bought by
Rentals Fw Llc
Current Estimated Value
$163,952

Purchase Details

Closed on
Dec 30, 2021
Sold by
Mckibben Dustin M and Mckibben Corynn E
Bought by
Mckibben Dustin M and Mckibben Coryn

Purchase Details

Listed on
Jun 30, 2016
Closed on
Jan 31, 2018
Sold by
Fleetwood Inc
Bought by
Mckibben Dustin M and Mckibben Coeynn E
Seller's Agent
Ruth Mercer
CENTURY 21 Bradley Realty, Inc
Buyer's Agent
Mark McKibben
McKibben, Mark - Real Estate/Appraisals
List Price
$64,900
Sold Price
$49,500
Premium/Discount to List
-$15,400
-23.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.39%
Original Mortgage
$37,125
Interest Rate
3.94%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
Rentals Fw Llc -- None Listed On Document
Mckibben Dustin M -- None Available
Dustin M Mckibben & Corynn E Mckibben Re -- None Available
Mckibben Dustin M $49,500 Metropolitan Title Of In
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mckibben Dustin M $37,125
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2018 01/31/18 Sold $49,500 -23.7% $32 / Sq Ft
12/11/2017 12/11/17 Pending -- -- --
06/30/2016 06/30/16 For Sale $64,900 -- $41 / 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 $2,442 $146,600 $12,700 $133,900
2022 $2,052 $91,300 $12,700 $78,600
2021 $1,863 $83,200 $6,500 $76,700
2020 $1,783 $81,500 $6,500 $75,000
2019 $1,215 $55,800 $4,600 $51,200
2018 $1,201 $54,800 $5,100 $49,700
2017 $734 $33,200 $3,300 $29,900
2016 $723 $33,200 $3,300 $29,900
2014 $671 $32,300 $3,500 $28,800
2013 $697 $33,600 $6,500 $27,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201630297

Indiana Regional MLS

APN: 02-07-35-376-014.000-074