NOT LISTED FOR SALE
14 Beds
10 Baths
6,456 Sq Ft
8,276 Sq Ft Lot

Last Sold August 15, 2014

Last sale price $160,000 $25 Per Sq Ft

137 Days on Market

Highlights

  • Detached Second Garage
  • Corner Lot
  • Eat-In Kitchen
  • Traditional Architecture
  • Enclosed Patio or Porch
  • 2-minute walk to Wayne Knitting Mills Park

About This Home

As of August 2014

UP FOR SALE is this fantastic investment opportunity in a convenient location to all Fort Wayne has to offer. A 3 Bedroom single family home comes with the apartment building, and both have great rental histories. Coin operated laundry facility to stay with property. With 10 units working for you, it proves itself to be one of the best investments one can make.

Last Agent to Sell the Property

Brandon Steffen

Steffen Group Listed on: 02/14/2014

Last Buyer's Agent

Joshua Lewis

Steffen Group

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1910

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 56x150
  • Corner Lot
  • Level Lot

Home Design

  • Traditional Architecture
  • Bungalow
  • Poured Concrete
  • Asphalt Roof
  • Stucco Exterior

Interior Spaces

  • 3-Story Property
  • Ceiling Fan
  • Carpet
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 14 Bedrooms
  • 10 Full Bathrooms

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • 1 Bathroom in Basement
  • 1 Bedroom in Basement

Parking

  • 4 Parking Spaces
  • Detached Second Garage
  • On-Street Parking
  • Off-Street Parking

Schools

  • Price Elementary School
  • Portage Middle School
  • Wayne High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Hot Water Heating System
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Enclosed Patio or Porch
  • Suburban Location

Listing and Financial Details

  • The owner pays for electric, fuel, lawn maintenance, maintenance, snow removal, sewer, tax, water
  • Assessor Parcel Number 02-12-03-335-017.000-074

Community Details

Overview

  • 3 Buildings
  • 10 Units
  • North Highlands Subdivision

Amenities

  • Laundry Facilities

Pet Policy

  • Pet Restriction

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $4,948
  • Fuel Expense $7,569
  • Insurance Expense $1,511
  • Maintenance Expense $2,423
  • Trash Expense $971
  • Water Sewer Expense $4,199

Property Details

Home Type

Apartment

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Apartment Building
  • Year Built: 1910
  • Age: 104
  • Style: Multi-Story (3+)
  • Architectural Style: Bungalow, Traditional
  • Bedrooms: 14
  • Number Above Grade Bedrooms: 13
  • Total Bathrooms: 10
  • Total Full Bathrooms: 10
  • Legal Description: S120 FT LOT 36 & 120 OF E 11FT LOT 37 FRYS ADD. & lOT 36 EX S 120FT & E 11FT LOT 37 EX S 120 FTFRY |
  • Parcel Number ID: 02-12-03-335-017.000-074
  • Platted: Yes
  • Amenities: Basement, Ceiling Fan, Off Street Parking, Near Walking Trail, Cable Available, Eat-In Kitchen, Porch Covered, Porch Enclosed, Water Heater Gas
  • Cross Street: Main St.
  • Location: City/Town/Suburb
  • Number Below Grade Bedrooms: 1
  • Sp Lp Percent: 86.96
  • Annual Miscellaneous: 348.2
  • Monthly Gross Income: 3851
  • Year Taxes Payable: 2014
  • Special Features: None

Interior Features

  • Total Sq Ft: 8160
  • Total Finished Sq Ft: 6456
  • Above Grade Finished Sq Ft: 5604
  • Below Grade Finished Sq Ft: 852
  • Below Grade Sq Ft: 1704
  • Price Per Sq Ft: 28.55
  • Basement: Yes
  • Basement Foundation: Full Basement, Partially Finished
  • Basement Material: Poured Concrete
  • Flooring: Carpet
  • Main Level Sq Ft: 2376
  • Number Below Grade Bathrooms: 1
  • Total Below Grade Sq Ft: 2556
  • Number Of Ranges Ovens: 10
  • Number Ttl Rooms Below Grade: 2

Exterior Features

  • Exterior: Stucco
  • Roof Material: Asphalt
  • Stories: 3
  • Outbuilding: 2nd Detached Garage
  • Outbuilding Sq Ft: 572

Garage/Parking

  • Number Of Parking Spaces: 4
  • Parking: Off Street, Street

Utilities

  • Cooling: Window
  • Heating Fuel: Forced Air, Hot Water
  • Sewer: City
  • Water Utilities: City
  • Annual Electric: 4947.87
  • Annual Fuel Expense: 7569
  • Annual Insurance Expense: 1511
  • Annual Maintenance Expense: 2422.65
  • Annual Trash Expense: 970.8
  • Annual Water Sewer Expense: 4199.29
  • Number Electric Meters: 1
  • Number Gas Meters: 1
  • Number Of W D Hookups: 1
  • Number Water Meters: 1

Condo/Co-op/Association

  • Common Amenities: Laundry Facilities
  • Pet Restrictions: Yes

Schools

  • School District: Fort Wayne Community
  • Elementary School: Price
  • Middle School: Portage
  • High School: Wayne
  • Elementary School: Price

Lot Info

  • Lot Description: Corner, Level
  • Lot Dimensions: 56x150
  • Estimated Lot Sq Ft: 8276
  • Estimated Lot Size Acres: 0.19

Rental Info

  • Lease Term: Month to Month, Week to Week
  • Owner Pays: Electric, Fuel, Lawn Maintenance, Maintenance, Snow Removal, Sewer, Tax, Water

Multi Family

  • Gross Monthly Rent: 3850.55
  • Number Of Dryers: 1
  • Number Of Refrigerators: 10
  • Number Of Units: 10
  • Number Of Washers: 1
  • Num Of1 Bedrooms: 8
  • Number Of 3 Bedrooms: 2
  • Num Of Efficiencies: 1
  • Num Of Units Rented: 10

Tax Info

  • Annual Property Tax: 4577.59

MLS Schools

  • High School: Wayne
  • Middle School: Portage
  • School District: Fort Wayne Community

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2014 08/15/14 Sold $160,000 0.0% $25 / Sq Ft
07/01/2014 07/01/14 Pending -- -- --
02/14/2014 02/14/14 For Sale $160,000 -- $25 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201403600

Indiana Regional MLS