524 Prospect Ave Fort Wayne, IN 46805
Spy Run Neighborhood
4
Beds
2
Baths
2,286
Sq Ft
5,602
Sq Ft Lot
Highlights
- Walk-In Closet
- Forced Air Heating System
- Level Lot
- Tile Flooring
About This Home
As of May 2025AWESOME OPPORTUNITY! This upstairs unit of this duplex features 3 bedrooms and 1 bath while the spacious lower unit offers 1 bed and 1 bath on a full basement. Both units have separate laundry on site. The backyard has plenty of space for hobbies with a convenient detached garage! This home has been well maintained and has a newer roof to boot! Conveniently located just a short bike ride from all that downtown Fort Wayne has to offer! Come and see this home today- this is YOUR chance to capitalize on Fort Wayne's rental market!
Last Agent to Sell the Property
Hollie Anderson
Keller Williams Realty Group Listed on: 05/14/2018
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $661
Year Built
- Built in 1920
Lot Details
- 5,602 Sq Ft Lot
- Lot Dimensions are 40x140
- Level Lot
Home Design
- Duplex
Interior Spaces
- 2-Story Property
- Basement Fills Entire Space Under The House
Flooring
- Laminate
- Tile
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
Parking
- 2 Car Garage
- Garage Door Opener
- Off-Street Parking
Schools
- Forest Park Elementary School
- Lakeside Middle School
- North Side High School
Utilities
- Window Unit Cooling System
- Forced Air Heating System
- Cable TV Available
Listing and Financial Details
- Tenant pays for cooling, electric, heating
- The owner pays for water
- Assessor Parcel Number 02-12-01-103-003.000-074
Community Details
Overview
- 2 Units
- H J Rudisills Subdivision
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $492
- Fuel Expense $960
- Water Sewer Expense $1,200
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 8, 2025
Closed on
May 13, 2025
Sold by
Allen County Homes Llc
Bought by
Smith David H
Seller's Agent
Chelsy Vaughn
RE/MAX Results
Buyer's Agent
Warren Barnes
North Eastern Group Realty
List Price
$174,900
Sold Price
$181,500
Premium/Discount to List
$6,600
3.77%
Views
124
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,984
Avg. Annual Appreciation
-7.13%
Original Mortgage
$178,212
Outstanding Balance
$177,898
Interest Rate
6.64%
Mortgage Type
FHA
Estimated Equity
-$382
Purchase Details
Listed on
Dec 19, 2018
Closed on
Nov 26, 2018
Sold by
Larowe Curtis F
Bought by
Allen County Homes Llc
Seller's Agent
Ken Vaughn
RE/MAX Results
Sold Price
$650
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.06%
Original Mortgage
$62,000
Interest Rate
4.9%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Listed on
Jan 29, 2015
Closed on
Mar 27, 2015
Sold by
Reffe Adonica R and Zahedi Adonica R
Bought by
Larowe Curtis F
Seller's Agent
Kristi Abel
CENTURY 21 Bradley Realty, Inc
Buyer's Agent
Laura Issen
CENTURY 21 Bradley Realty, Inc
List Price
$58,000
Sold Price
$56,000
Premium/Discount to List
-$2,000
-3.45%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.26%
Original Mortgage
$42,000
Interest Rate
3.67%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 21, 2003
Sold by
Haas Carl F and Haas Betty J
Bought by
Reffe Adonica R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,500
Interest Rate
5.9%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 3, 2001
Sold by
Wuthrich Betty J and Haas Betty J
Bought by
Haas Carl F and Haas Betty J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$21,000
Interest Rate
7.58%
Similar Home in Fort Wayne, IN
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Listed On Document | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | Three Rivers Title Co Inc | |
| Interfamily Deed Transfer | -- | Three Rivers Title Co Inc |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $178,212 | FHA | |
| Previous Owner | $62,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $42,000 | New Conventional | |
| Previous Owner | $49,500 | New Conventional | |
| Previous Owner | $52,500 | Purchase Money Mortgage | |
| Previous Owner | $21,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/13/2025 05/13/25 | Sold | $181,500 | +3.8% | $80 / Sq Ft |
| 04/01/2025 04/01/25 | Pending | -- | -- | -- |
| 03/14/2025 03/14/25 | For Sale | $174,900 | 0.0% | $78 / Sq Ft |
| 02/18/2025 02/18/25 | Pending | -- | -- | -- |
| 02/08/2025 02/08/25 | For Sale | $174,900 | 0.0% | $78 / Sq Ft |
| 01/10/2019 01/10/19 | Rented | $650 | 0.0% | -- |
| 12/19/2018 12/19/18 | For Rent | $650 | 0.0% | -- |
| 11/26/2018 11/26/18 | Sold | $77,500 | -13.8% | $34 / Sq Ft |
| 11/07/2018 11/07/18 | Pending | -- | -- | -- |
| 09/16/2018 09/16/18 | Price Changed | $89,900 | -5.3% | $39 / Sq Ft |
| 08/31/2018 08/31/18 | Price Changed | $94,900 | -5.0% | $42 / Sq Ft |
| 07/27/2018 07/27/18 | For Sale | $99,900 | 0.0% | $44 / Sq Ft |
| 07/14/2018 07/14/18 | Pending | -- | -- | -- |
| 06/04/2018 06/04/18 | Price Changed | $99,900 | -4.8% | $44 / Sq Ft |
| 05/14/2018 05/14/18 | For Sale | $104,900 | +87.3% | $46 / Sq Ft |
| 03/27/2015 03/27/15 | Sold | $56,000 | -3.4% | $24 / Sq Ft |
| 02/13/2015 02/13/15 | Pending | -- | -- | -- |
| 01/29/2015 01/29/15 | For Sale | $58,000 | -- | $25 / Sq Ft |
Source: Indiana Regional MLS
Tax History Compared to Growth
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 | $3,304 | $137,400 | $18,900 | $118,500 |
| 2022 | $3,270 | $145,500 | $13,600 | $131,900 |
| 2021 | $2,508 | $112,000 | $20,000 | $92,000 |
| 2020 | $1,516 | $69,300 | $4,800 | $64,500 |
| 2019 | $1,439 | $66,100 | $4,800 | $61,300 |
| 2018 | $1,021 | $46,600 | $3,400 | $43,200 |
| 2017 | $661 | $29,900 | $2,000 | $27,900 |
| 2016 | $652 | $29,900 | $2,000 | $27,900 |
| 2014 | $580 | $60,600 | $4,800 | $55,800 |
| 2013 | $568 | $56,000 | $3,200 | $52,800 |
Source: Public Records
Agents Affiliated with this Home
-
Chelsy Vaughn
C
Seller's Agent in 2025
Chelsy Vaughn
RE/MAX
(260) 490-1590
1 in this area
30 Total Sales
-
Ken Vaughn
Seller Co-Listing Agent in 2025
Ken Vaughn
RE/MAX
(260) 413-9416
1 in this area
46 Total Sales
-
Warren Barnes
Buyer's Agent in 2025
Warren Barnes
North Eastern Group Realty
(260) 438-5639
3 in this area
387 Total Sales
-
H
Seller's Agent in 2018
Hollie Anderson
Keller Williams Realty Group
-
Kristi Abel
Seller's Agent in 2015
Kristi Abel
CENTURY 21 Bradley Realty, Inc
(260) 312-4558
109 Total Sales
-
Laura Issen
L
Buyer's Agent in 2015
Laura Issen
CENTURY 21 Bradley Realty, Inc
(260) 438-9887
1 Total Sale
Map
Source: Indiana Regional MLS
MLS Number: 201819760
APN: 02-12-01-103-003.000-074
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