NOT LISTED FOR SALE

Estimated Value: $104,000 - $225,000

5 Beds
2 Baths
1,562 Sq Ft
$92/Sq Ft Est. Value

Last Sold September 21, 2023

Last sale price $94,000 $60 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $929/month

5 Days on Market

Highlights

  • Covered patio or porch
  • Multiple cooling system units
  • Level Lot
  • Fenced Yard
  • Baseboard Heating
  • Carpet

About This Home

As of September 2023

Duplex Investment Property. The first-floor unit has 3 Bedrooms, 1 Bath, living room, kitchen. Upper Unit has 2 Bedrooms, one bath, living room, kitchen, and all new flooring. 2 electric meters. The roof was torn off and replaced in 2020. Electric Heat and window air conditioner units (3-included), 2 refrigerators, 2-ranges, 2 hot water heaters, each unit has its own washer-dryer (included). Quaint Red Brick Street. Off Street parking in the back for 3 cars. Vinyl siding, aluminum facia, good gutters, fenced yard, replacement windows. Only 2 Blocks from Precious Blood Church and School. Just a few Blocks from 3-Rivers Natural Grocery, Lexys Pizza, The Green Frog Inn, Klemm’s Café On Wells.

Last Listed By

Dave McDaniel

RE/MAX Results Brokerage Phone: 260-602-6148 Listed on: 08/26/2023

RE/MAX Results

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,404

Year Built

  • Built in 1890

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 28 x 141
  • Fenced Yard
  • Property is Fully Fenced
  • Chain Link Fence
  • Level Lot

Home Design

  • Duplex
  • Poured Concrete
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Laundry in Kitchen

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Partially Finished Basement

  • Block Basement Construction
  • Stone or Rock in Basement
  • Crawl Space

Parking

  • 3 Parking Spaces
  • Public Parking
  • Private Parking
  • Gravel Driveway
  • On-Street Parking
  • Off-Street Parking

Schools

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

Utilities

  • Multiple cooling system units
  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Radiant Heating System
  • Electric Water Heater

Additional Features

  • Covered patio or porch
  • Suburban Location

Listing and Financial Details

  • Tenant pays for cooling, electric, heating, lawn maintenance, snow removal
  • The owner pays for building insurance, maintenance, sewer, tax, trash collection, water
  • Assessor Parcel Number 02-12-02-127-018.000-074

Community Details

Overview

  • 2 Units
  • Langohrs Subdivision

Pet Policy

  • Pet Restriction

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Water Meter
  • Insurance Expense $600
  • Maintenance Expense $1,000
  • Trash Expense $420
  • Water Sewer Expense $900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,404

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1890
  • Age: 133
  • Style: Two Story
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 5
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: E 28' Lot 15 Langohrs Addition
  • Parcel Number ID: 02-12-02-127-018.000-074
  • Platted: Yes
  • Amenities: Fenced Yard, Porch Covered, Porch Open, Water Heater Electric
  • Cross Street: Wells
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Sp Lp Percent: 78.33
  • Monthly Gross Income: 1200
  • Year Taxes Payable: 2023
  • Special Features: None

Interior Features

  • Total Sq Ft: 2151
  • Total Finished Sq Ft: 1562
  • Above Grade Finished Sq Ft: 1562
  • Below Grade Sq Ft: 589
  • Price Per Sq Ft: 60.18
  • Basement: Yes
  • Basement Foundation: Crawl, Partial Basement
  • Basement Material: Block, Poured Concrete, Stone
  • Flooring: Carpet, Vinyl
  • Total Below Grade Sq Ft: 589
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt
  • Fence: Full, Chain Link
  • Stories: 2

Garage/Parking

  • Driveway: Gravel
  • Number Of Parking Spaces: 3
  • Parking: Gravel, Off Street, Private, Public, Street

Utilities

  • Cooling: Multiple Cooling Units, Wall AC
  • Heating Fuel: Electricity, Baseboard, Radiant
  • Sewer: City
  • Water Utilities: City
  • Electric Company: AEP/I&M
  • Water Company: Fort Wayne City Utilities
  • Annual Insurance Expense: 600
  • Annual Maintenance Expense: 1000
  • Annual Trash Expense: 420
  • Annual Water Sewer Expense: 900
  • Number Electric Meters: 2
  • Number Of W D Hookups: 2
  • Number Water Meters: 1

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, 0-2.9999
  • Lot Dimensions: 28 x 141
  • Estimated Lot Sq Ft: 3920
  • Estimated Lot Size Acres: 0.09

Rental Info

  • Owner Pays: Building Insurance, Maintenance, Sewer, Tax, Trash Collection, Water
  • Tenant Pays: Cooling, Electric, Heating, Lawn Maintenance, Snow Removal

Multi Family

  • Gross Monthly Rent: 1200
  • Number Of Dryers: 2
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Number Of Washers: 2
  • Num Of2 Bedrooms: 1
  • Number Of 3 Bedrooms: 1

Tax Info

  • Annual Property Tax: 1404

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
Mar 28, 2024
Sold by
Rel Real Estate Llc
Bought by
Rel Group Llc
Total Days on Market
5
Current Estimated Value
$143,488

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$595,400
Outstanding Balance
$589,234
Interest Rate
6.9%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$445,746

Purchase Details

Listed on
Aug 26, 2023
Closed on
Sep 29, 2023
Sold by
Appenzeller Kevin
Bought by
Rel Real Estate Llc
Seller's Agent
Dave McDaniel
RE/MAX Results
Buyer's Agent
Tyler Jackson
CENTURY 21 Bradley Realty, Inc
List Price
$120,000
Sold Price
$94,000
Premium/Discount to List
-$26,000
-21.67%
Views
40

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.83%
Original Mortgage
$115,000
Interest Rate
7.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 9, 2011
Sold by
Meyer Don
Bought by
Appenzeller Kevin

Purchase Details

Closed on
Nov 29, 2007
Sold by
Allen County Community Development Corp and Peters F Nelson
Bought by
Meyer Don

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000
Interest Rate
6.13%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 21, 2004
Sold by
Miles Donald Wayne
Bought by
Allen County Community Development Corp

Range of Values:

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Average Value
Not Available
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
Rel Group Llc -- Fidelity National Title
Rel Real Estate Llc -- Meridian Title
Appenzeller Kevin -- Lt
Meyer Don -- None Available
Allen County Community Development Corp -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rel Group Llc $595,400
Previous Owner Rel Real Estate Llc $115,000
Previous Owner Appenzeller Kevin $80,000
Previous Owner Meyer Donald D $10,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/21/2023 09/21/23 Sold $94,000 -21.7% $60 / Sq Ft
08/31/2023 08/31/23 Pending -- -- --
08/26/2023 08/26/23 For Sale $120,000 -- $77 / 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 $1,605 $85,700 $9,800 $75,900
2023 $1,605 $70,200 $11,000 $59,200
2022 $1,405 $62,500 $11,000 $51,500
2021 $1,476 $65,900 $5,800 $60,100
2020 $1,000 $45,700 $5,800 $39,900
2019 $1,422 $65,300 $5,800 $59,500
2018 $1,232 $56,200 $5,800 $50,400
2017 $666 $30,100 $5,800 $24,300
2016 $586 $26,900 $5,800 $21,100
2014 $528 $25,400 $5,800 $19,600
2013 $741 $35,700 $5,800 $29,900
Source: Public Records

Agents Affiliated with this Home

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Source: Indiana Regional MLS

MLS Number: 202330877

Indiana Regional MLS

APN: 02-12-02-127-018.000-074