NOT LISTED FOR SALE

Estimated Value: $152,000 - $239,000

1.33 Acres
$146,992 Price per Acre
57,935 Sq Ft Lot

Last Sold April 24, 2020

Last sale price $150,000 $86 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $1,170/month

426 Days on Market

About This Lot

As of April 2020

Prime commercial location that shares a property line with the newly announced G4CE Entertainment Center! 1.33 +/- Acre lot with NC, Neighborhood Center Zoning with utilities to site. Excellent opportunity to own an undeveloped commercially zoned parcel in the up and coming Rothman-Maplecrest area. This property is adjacent to the former Marsh Grocery Store in northeast Fort Wayne. Nearby retailers include Max Fitness, Pizza King, Lutheran Medical Group, and Lassus Handy Dandy. Less than one mile to I-469 and 3.4 miles to I-69.

Last Listed By

Andrew Eckert

Sturges Property Group Listed on: 11/02/2018

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,042

Year Built

  • 1960

Lot Details

  • 1.33 Acre Lot
  • Lot Dimensions are 169x400
  • Finished Lot(s)
  • Subdivision Possible

Parking

  • Driveway

Utilities

  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 02-08-16-227-021.000-072

Property Details

Property Type

Land

Est. Annual Taxes

$1,042

Year Built

1960

Lot Details

0

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Commercial Land
  • Legal Description: N 14.66 A Of E 1185.4 Ft NE1/4 NE1/4 EX FRL E 746.7 FT & EX TR SEC 16 |
  • Parcel Number ID: 02-08-16-227-021.000-072
  • Platted: Yes
  • Road Access: City
  • Road Surface: Concrete
  • Sp Lp Percent: 85.71
  • Parcel Description: Level, Undeveloped
  • Type of Sale: Traditional
  • Can Be Subdivided: Yes
  • Structure Bldg Imprvmnts: Yes
  • Type Use: Commercial
  • Special Features: None
  • Year Built: 1960

Exterior Features

  • Road Frontage: City

Utilities

  • Water Utilities: City
  • Electricity Type: Available
  • Fuel Type: Gas
  • Sewer Type: City

Schools

  • School District: Fort Wayne Community
  • Elementary School: Washington Center
  • Middle School: Jefferson
  • High School: Snider

Lot Info

  • Lot Dimensions: 169x400
  • Estimated Lot Sq Ft: 57935
  • Estimated Lot Size Acres: 1.33

Tax Info

  • Annual Taxes: 1041.92

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 16, 2025
Sold by
Midwest Green Lawn Care & Landscaping Ll
Bought by
Midwest Storage Solutions Llc
Total Days on Market
426
Current Estimated Value
$195,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$610,000
Outstanding Balance
$608,934
Interest Rate
6.69%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$413,434

Purchase Details

Listed on
Nov 2, 2018
Closed on
Apr 28, 2020
Sold by
Sweetwater Restoration Inc
Bought by
Midwest Green Lawn Care & Land
Seller's Agent
Andrew Eckert
Sturges Property Group
Buyer's Agent
UPSTAR NonMember
Non-Member Office
List Price
$195,000
Sold Price
$150,000
Premium/Discount to List
-$45,000
-23.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.33%
Original Mortgage
$112,500
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 2, 2018
Closed on
Apr 24, 2020
Sold by
Sweetwater Restoration Inc
Bought by
Midwest Green Lawn Care & Landscaping Ll
Seller's Agent
Andrew Eckert
Sturges Property Group
Buyer's Agent
UPSTAR NonMember
Non-Member Office
List Price
$195,000
Sold Price
$150,000
Premium/Discount to List
-$45,000
-23.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 12, 2018
Closed on
Oct 18, 2018
Sold by
Hayes Timothy and The Estate Of Imogene I Royse
Bought by
Sweetewater Restorations Inc
Seller's Agent
Mary Sherer
ERA Crossroads
Buyer's Agent
Amanda Blackburn
North Eastern Group Realty
List Price
$90,000
Sold Price
$56,000
Premium/Discount to List
-$34,000
-37.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
89.61%

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
Midwest Storage Solutions Llc -- None Listed On Document
Midwest Green Lawn Care & Land $149,625 Metropolitan Title
Midwest Green Lawn Care & Landscaping Ll $150,000 Metropolitan Title Of In Llc
Sweetewater Restorations Inc -- Centurion Land Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Midwest Storage Solutions Llc $610,000
Previous Owner Midwest Green Lawn Care & Land $112,500
Previous Owner Midwest Green Lawn Care & Landscaping Ll $112,500
Previous Owner Sweetwater Restroration Inc $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2020 04/24/20 Sold $150,000 0.0% $86 / Sq Ft
05/01/2019 05/01/19 Off Market $150,000 -- --
04/23/2019 04/23/19 Price Changed $175,000 -10.3% $100 / Sq Ft
11/02/2018 11/02/18 For Sale $195,000 +248.2% $112 / Sq Ft
10/10/2018 10/10/18 Sold $56,000 -20.0% $32 / Sq Ft
09/25/2018 09/25/18 Pending -- -- --
09/08/2018 09/08/18 Price Changed $70,000 -6.7% $40 / Sq Ft
08/28/2018 08/28/18 Price Changed $75,000 -6.3% $43 / Sq Ft
07/21/2018 07/21/18 Price Changed $80,000 -5.9% $46 / Sq Ft
07/03/2018 07/03/18 Price Changed $85,000 -5.6% $49 / Sq Ft
06/12/2018 06/12/18 For Sale $90,000 -- $51 / 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 $913 $54,100 $54,100 --
2023 $913 $39,600 $39,600 $0
2022 $900 $39,600 $39,600 $0
2021 $901 $39,600 $39,600 $0
2020 $2,085 $94,100 $39,600 $54,500
2019 $2,153 $91,400 $39,600 $51,800
2018 $1,949 $87,600 $39,600 $48,000
2017 $1,042 $115,900 $39,600 $76,300
2016 $735 $114,500 $39,600 $74,900
2014 $707 $103,000 $39,600 $63,400
2013 $722 $107,200 $40,500 $66,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201849132

Indiana Regional MLS

APN: 02-08-16-227-021.000-072