NOT LISTED FOR SALE

Estimated Value: $232,112 - $253,000

4 Beds
4 Baths
2,432 Sq Ft
$100/Sq Ft Est. Value

Last Sold August 12, 2019

Last sale price $130,500 $54 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $1,713/month

5 Days on Market

Highlights

  • Cul-De-Sac
  • Ceiling Fan
  • Carpet
  • Forced Air Heating and Cooling System

About This Home

As of August 2019

Property Sold As Is.

Last Listed By

Abigail Yeiser

Mike Thomas Assoc., Inc Listed on: 06/22/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,236

Year Built

  • Built in 1978

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 94x144
  • Cul-De-Sac

Home Design

  • Duplex
  • Slab Foundation
  • Vinyl Construction Material

Interior Spaces

  • 2,432 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • 4 Car Garage
  • Garage Door Opener
  • Off-Street Parking

Location

  • Suburban Location

Schools

  • Harris Elementary School
  • Lane Middle School
  • Snider High School

Utilities

  • Forced Air Heating and Cooling System
  • Window Unit Cooling System
  • Heating System Uses Gas
  • Cable TV Available

Listing and Financial Details

  • Homestead Exemption
  • Tenant pays for cable, cooling, electric, fuel, heating, lawn maintenance, sewer, snow removal, trash collection, water
  • The owner pays for building insurance
  • Assessor Parcel Number 02-08-20-108-004.000-072

Community Details

Overview

  • 2 Units
  • Marketplace Villas Subdivision

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,236

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1978
  • Age: 41
  • Style: Two Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 4
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 2
  • Legal Description: Villas Of The Market Place Lot 20 EX N 30.47 Tri SPC
  • Parcel Number ID: 02-08-20-108-004.000-072
  • Platted: Yes
  • Amenities: Ceiling Fan, Off Street Parking, Cable Available, Garage Door Opener
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Sp Lp Percent: 87.06
  • Monthly Gross Income: 700
  • Year Taxes Payable: 2018
  • Special Features: None

Interior Features

  • Total Sq Ft: 2432
  • Total Finished Sq Ft: 2432
  • Above Grade Finished Sq Ft: 2432
  • Price Per Sq Ft: 53.66
  • Basement Foundation: Slab
  • Flooring: Carpet, Laminate, Vinyl
  • Number Of Disposals: 2
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Vinyl
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 4

Utilities

  • Cooling: Central Air, Window
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Of W D Hookups: 2
  • Number Water Meters: 2

Schools

  • School District: Fort Wayne Community
  • Elementary School: Harris
  • Middle School: Lane
  • High School: Snider
  • Elementary School: Harris

Lot Info

  • Lot Description: Cul-De-Sac
  • Lot Dimensions: 94X144
  • Estimated Lot Sq Ft: 13534
  • Estimated Lot Size Acres: 0.3107
  • Lot Number: 20

Rental Info

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

Tax Info

  • Total Assessed Value: 111400
  • Exemptions: Homestead, Mortgage
  • Annual Property Tax: 1236

Multi Family

  • Gross Monthly Rent: 700
  • Number Of Dishwashers: 2
  • Number Of Dryers: 2
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Number Of Washers: 2
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 1

MLS Schools

  • High School: Snider
  • Middle School: Lane
  • School District: Fort Wayne Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2019
Closed on
Aug 12, 2019
Sold by
Gugelman Kent E and Gugelman Cynthia L
Bought by
Schenkel George T
Seller's Agent
Abigail Yeiser
Mike Thomas Assoc., Inc
Buyer's Agent
Val Bartrom
Mike Thomas Assoc., Inc
List Price
$149,900
Sold Price
$130,500
Premium/Discount to List
-$19,400
-12.94%
Total Days on Market
5
Current Estimated Value
$242,528

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,028
Avg. Annual Appreciation
11.56%
Original Mortgage
$107,950
Outstanding Balance
$95,786
Interest Rate
3.6%
Estimated Equity
$148,978

Purchase Details

Closed on
Mar 11, 2014
Sold by
Gugelman Kent E and Gugelman Cynthia L
Bought by
Gugelman Kent E and Gugelman Cynthia L

Purchase Details

Closed on
Dec 23, 2005
Sold by
Gugelman Kent E
Bought by
Gugelman Kent E and Gugelman Cynthia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
6.3%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

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
Schenkel George T $130,500 Liberty Title & Escrow Co
Gugelman Kent E -- None Available
Gugelman Kent E -- Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schenkel George T $107,950
Previous Owner Gugelman Kent E $80,700
Previous Owner Gugelman Kent E $85,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2019 08/12/19 Sold $130,500 -12.9% $54 / Sq Ft
06/27/2019 06/27/19 Pending -- -- --
06/22/2019 06/22/19 For Sale $149,900 -- $62 / 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 $4,412 $186,600 $29,100 $157,500
2022 $4,041 $179,800 $29,100 $150,700
2021 $3,563 $159,100 $20,800 $138,300
2020 $1,906 $138,700 $20,800 $117,900
2019 $1,412 $112,600 $20,800 $91,800
2018 $1,236 $108,500 $20,800 $87,700
2017 $1,336 $111,400 $20,800 $90,600
2016 $1,295 $109,600 $20,800 $88,800
2014 $1,399 $107,400 $20,800 $86,600
2013 $2,229 $107,400 $20,800 $86,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201926150

Indiana Regional MLS

APN: 02-08-20-108-004.000-072