$739,900

Estimated payment $4,636/month

13 Beds
9 Baths
7,522 Sq Ft
$98 Price per Sq Ft

Highlights

  • Wood Flooring
  • Ceiling Fan
  • Laundry Facilities
  • Corner Lot
  • Hot Water Heating System
  • 2-minute walk to Wayne Knitting Mills Park

About This Home

8 UNIT - Apartment bldg PLUS SINGLE FAMILY UNIT 615 FRY ST and detached garage/storage unit 22x26. TURN KEY - IMMEDIATE RENTAL INCOME. 9 UNITS TOTAL 2 water meters - One per living structure. Owner pays all utilities on the apartment building. Tenant pays utilities on the single unit. 609 Fry St has 6,450 above ground square footage - Seven (7) One bedroom units and 1 - Large Three bedroom unit that takes up the 3rd floor. All units have one bathroom and are equipped with refrigerators and stoves. Central Laundry with coin-operated machines on the main level. New washer/dryer installed 2022. Basement boiler - hot water radiant heat - single pipe system. New gas line to boiler 2022. All new windows 2017. New roof 2024. Shared enclosed porch and open deck space above overlooking Main Street. 615 Fry St has 3 bedrooms, 1 bathroom, and 1400 square feet of living space on an unfinished basement. Freshly painted inside and out, new flooring. Updated gas range and refrigerator. Roof is 10 years old roughly, New Furnace and AC 2022. Fantastic downtown location on the corner of W Main St. Several classic Fort Wayne eateries within a couple blocks walking distance. The Rivergreenway walking trail. Several parks, Parkview Field, The new Lutheran Hospital, on and on the list goes.

Listing Agent

Justin Walborn

Mike Thomas Assoc., Inc

Mike Thomas Assoc., Inc

Co-Listing Agent

Jeff Walborn

Mike Thomas Assoc., Inc

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $5,926

Year Built

  • Built in 1910

Lot Details

  • 6,752 Sq Ft Lot
  • Lot Dimensions are 150 x 45
  • Corner Lot

Home Design

  • Flat Roof Shape
  • Poured Concrete
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 3-Story Property
  • Ceiling Fan
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 13 Bedrooms
  • 9 Full Bathrooms

Parking

  • 3 Parking Spaces
  • Driveway
  • On-Street Parking
  • Off-Street Parking

Schools

  • Washington Elementary School
  • Portage Middle School
  • Wayne High School

Utilities

  • Hot Water Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Additional Features

  • Outbuilding
  • Suburban Location

Listing and Financial Details

  • Assessor Parcel Number 02-12-03-335-017.000-074
  • Seller Concessions Not Offered

Community Details

Overview

  • 3 Buildings
  • 9 Units
  • Fry Subdivision

Amenities

  • Laundry Facilities
  • Community Storage Space

Pet Policy

  • Pet Restriction

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $5,870
  • Fuel Expense $2,939
  • Insurance Expense $8,000
  • Trash Expense $1,586
  • Water Sewer Expense $2,994

Property Details

Home Type

Apartment

Est. Annual Taxes

$5,926

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Apartment Building
  • Year Built: 1910
  • Age: 115
  • Style: Three Story
  • Bedrooms: 13
  • Number Above Grade Bedrooms: 13
  • Total Bathrooms: 9
  • Total Full Bathrooms: 9
  • Legal Description: S 120' Lot 36 & S 120' of E 11' Lot 37 Frys Addition
  • Parcel Number ID: 02-12-03-335-017.000-074
  • Platted: Yes
  • Amenities: Basement, Ceiling Fan, Off Street Parking, Near Walking Trail, Storage, Water Heater Gas
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Monthly Gross Income: 7950
  • Year Taxes Payable: 2025
  • Special Features: None

Interior Features

  • Total Sq Ft: 10602
  • Total Finished Sq Ft: 7522
  • Above Grade Finished Sq Ft: 7522
  • Below Grade Sq Ft: 3080
  • Price Per Sq Ft: 98.36
  • Basement: Yes
  • Basement Foundation: Full Basement, Unfinished
  • Basement Material: Poured Concrete
  • Flooring: Carpet, Laminate, Vinyl, Wood
  • Total Below Grade Sq Ft: 3080
  • Number Of Microwaves: 1
  • Number Of Ranges Ovens: 9

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt, Flat, Shingle
  • Stories: 3
  • Outbuilding: Outbuilding
  • Outbuilding Sq Ft: 572

Garage/Parking

  • Driveway: Concrete
  • Number Of Parking Spaces: 3
  • Parking: Off Street, Street

Utilities

  • Heating Fuel: Gas, Hot Water
  • Sewer: City
  • Water Utilities: City
  • Electric Company: AEP/I&M
  • Gas Company: NIPSCO
  • Water Company: Fort Wayne City Utilities
  • Annual Electric: 5870
  • Annual Fuel Expense: 2939
  • Annual Insurance Expense: 8000
  • Annual Trash Expense: 1586
  • Annual Water Sewer Expense: 2994
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Of W D Hookups: 1
  • Number Water Meters: 2

Condo/Co-op/Association

  • Common Amenities: Laundry Facilities, Sidewalks
  • Pet Restrictions: Yes

Schools

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

Lot Info

  • Lot Description: Corner
  • Lot Dimensions: 150 x 45
  • Estimated Lot Sq Ft: 6752
  • Estimated Lot Size Acres: 0.155

Rental Info

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

Multi Family

  • Gross Monthly Rent: 7950
  • Number Of Dryers: 1
  • Number Of Refrigerators: 9
  • Number Of Units: 9
  • Number Of Washers: 1
  • Num Of1 Bedrooms: 7
  • Number Of 3 Bedrooms: 2
  • Num Of Units Rented: 8

Tax Info

  • Annual Property Tax: 5925.82

MLS Schools

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

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $1,406 $72,400 $8,600 $63,800
2023 $1,406 $61,500 $8,600 $52,900
2022 $1,881 $83,700 $8,600 $75,100
2021 $1,622 $72,400 $3,300 $69,100
2020 $1,123 $51,300 $3,300 $48,000
2019 $1,054 $48,400 $3,300 $45,100
2018 $1,039 $47,400 $3,300 $44,100
2017 $1,049 $47,400 $3,300 $44,100
2016 $987 $45,300 $3,300 $42,000
2014 $925 $44,500 $3,300 $41,200
2013 $932 $44,900 $3,300 $41,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2025 05/23/25 For Sale $739,900 0.0% $98 / Sq Ft
01/05/2021 01/05/21 Rented $950 0.0% --
12/29/2020 12/29/20 For Rent $950 -- --
Source: Indiana Regional MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Centurion Land Title Inc
Warranty Deed -- Metropolitan Title
Warranty Deed -- Columbia Land Title Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $176,000 Future Advance Clause Open End Mortgage
Previous Owner $60,000 Future Advance Clause Open End Mortgage
Previous Owner $105,000 Credit Line Revolving
Source: Public Records

Source: Indiana Regional MLS

MLS Number: 202519230

Indiana Regional MLS

APN: 02-12-03-335-010.000-074