NOT LISTED FOR SALE

Estimated Value: $209,000 - $251,000

3 Beds
1.5 Baths
1,384 Sq Ft
$168/Sq Ft Est. Value

Last Sold October 31, 2022

Last sale price $100,000 $72 Per Sq Ft

Est. 133% increase in value since last sale

Current estimated payment $1,458/month

27 Days on Market

About This Home

As of October 2022

ATTENTION! SMALL BUSINESS OPPORTUNITY or MULTI-UNIT DEVELOPMENT OPPORTUNITY. Sold As-is. CASH ONLY. Extremely affordable, great location, don't miss this! Just north of busy Saint Joe Center Rd (Washington Center) intersection, 1.35 acres of land w/ 100ft of frontage on high-traffic road offering lots of exposure + rear egress w/ 100ft of frontage on Becker Dr! ZONED RP, Residential Planning. Build your own multi-unit investment property here or Build-out your business & add outbuilding for storage or workshop, whatever suits. There is currently a home here that can be renovated, needs work. City utilities. *Already have what's needed ingress & egress:Main road is 4-Lane w/ Center Turn Lane. Rear 1/2 of property has gently rolling hills w/ lush vegetation. Surrounded by multi-unit living, busy shopping centers,restaurants, entertainment, Dollar General, gas station, & more. 1 mile from Purdue Fort Wayne University campus, Concordia Theological Seminary, & Ivy Tech Community College. Rear 1/2 shares property line w/ St Joe Retirement Community. The Grove Apartments 0.3mile, shopping plazas 0.3 mile, Hockemeyer & Miller Funeral Home 0.2 mile, BP Gas Station 0.2 mile, Shoaff Park Golf Course 0.8 mile. *Turn left & right to go north or southbound, center turn lane, 4-lane road, 100ftfrontage at front of property & 100ft frontage at rear for egress, & nearly 59,000sqft to work with. What will you do with this opportunity?

Last Agent to Sell the Property

Andrea Zehr

eXp Realty, LLC Listed on: 09/30/2022

eXp Realty, LLC

Last Buyer's Agent

Andrea Zehr

eXp Realty, LLC Listed on: 09/30/2022

eXp Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,665

Year Built

  • Built in 1950

Lot Details

  • 1.35 Acre Lot
  • Lot Dimensions are 100 x 594

Home Design

  • Slab Foundation

Interior Spaces

  • 1,384 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 6 Parking Spaces
  • Off-Street Parking

Location

  • Suburban Location

Schools

  • Northcrest Elementary School
  • Northwood Middle School
  • North Side High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number 02-08-17-377-009.000-072

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,665

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Year Built: 1950
  • Age: 72
  • Style: One and Half Story
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 1
  • Total Number of Half Bathrooms: 1
  • Legal Description: HOFFMAN SUB LOT 19 EX PT TO CITY
  • Parcel Number ID: 02-08-17-377-009.000-072
  • Platted: Yes
  • Amenities: Off Street Parking, Near Walking Trail
  • Location: City/Town/Suburb, Near College Campus, Near Walking Trail
  • Sp Lp Percent: 81.3
  • Year Taxes Payable: 2022
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 1384
  • Total Finished Sq Ft: 1384
  • Above Grade Finished Sq Ft: 1384
  • Price Per Sq Ft: 72.25
  • Basement Foundation: Slab

Exterior Features

  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 6
  • Parking: Off Street

Utilities

  • Cooling: Wall AC
  • Heating Fuel: Baseboard
  • Sewer: City
  • Water Utilities: City

Schools

  • School District: Fort Wayne Community
  • Elementary School: Northcrest
  • Middle School: Northwood
  • High School: North Side
  • Elementary School: Northcrest

Lot Info

  • Lot Description: 0-2.9999
  • Lot Dimensions: 100 x 594
  • Estimated Lot Sq Ft: 58806
  • Estimated Lot Size Acres: 1.35
  • Lot Number: 19

Multi Family

  • Number Of Units: 1

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2022
Closed on
Oct 31, 2022
Sold by
Lynne Management Services Llc
Bought by
Geise Properties 3 Llc
Seller's Agent
Andrea Zehr
eXp Realty, LLC
Buyer's Agent
Andrea Zehr
eXp Realty, LLC
List Price
$123,000
Sold Price
$100,000
Premium/Discount to List
-$23,000
-18.7%
Views
6
Current Estimated Value
$232,989

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,989
Avg. Annual Appreciation
33.73%

Purchase Details

Listed on
Sep 30, 2022
Closed on
Oct 27, 2022
Sold by
Lynne Management Services Llc
Bought by
Geise Properties 3 Llc
Seller's Agent
Andrea Zehr
eXp Realty, LLC
Buyer's Agent
Andrea Zehr
eXp Realty, LLC
List Price
$123,000
Sold Price
$100,000
Premium/Discount to List
-$23,000
-18.7%
Views
6

Purchase Details

Closed on
Jan 21, 2022
Sold by
Leon Nedra A
Bought by
Lynne Management Services Llc

Purchase Details

Closed on
Jan 14, 2022
Sold by
Leon Nedra A
Bought by
Lynne Management Services Llc

Purchase Details

Closed on
Feb 19, 2003
Sold by
Leon Patrick N
Bought by
Leon Nedra A
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
Geise Properties 3 Llc -- Fidelity National Title
Geise Properties 3 Llc $100,000 Fidelity National Title
Lynne Management Services Llc -- None Listed On Document
Leon Nedra A -- --
Lynne Management Services Llc $80,000 Wall Justin R
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2022 10/31/22 Sold $100,000 -18.7% $72 / Sq Ft
10/27/2022 10/27/22 Pending -- -- --
09/30/2022 09/30/22 For Sale $123,000 -- $89 / 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 $2,665 $201,600 $54,500 $147,100
2023 $2,665 $116,200 $39,800 $76,400
2022 $2,499 $110,700 $39,800 $70,900
2021 $2,120 $94,000 $39,800 $54,200
2020 $483 $92,300 $39,800 $52,500
2019 $209 $84,500 $39,800 $44,700
2018 $277 $84,500 $39,800 $44,700
2017 $280 $80,400 $39,800 $40,600
2016 $275 $80,000 $39,800 $40,200
2014 $260 $76,200 $39,800 $36,400
2013 $284 $79,400 $40,700 $38,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202240866

Indiana Regional MLS

APN: 02-08-17-377-009.000-072