NOT LISTED FOR SALE

Estimated Value: $101,431 - $365,000

6 Beds
2 Baths
2,662 Sq Ft
$76/Sq Ft Est. Value

Last Sold September 27, 2017

Last sale price $50,000 $19 Per Sq Ft

Est. 304% increase in value since last sale

Current estimated payment $1,206/month

686 Days on Market

Highlights

  • Covered Patio or Porch
  • Bathtub with Shower
  • Storm Doors
  • Woodwork
  • Forced Air Heating System
  • 4-minute walk to Nuckol's Memorial Park

About This Home

As of September 2017

INVESTOR SPECIAL! LOOK NO FURTHER! Cash flowing duplex rental property near downtown Fort Wayne and Indiana Tech. With 6 bedrooms, and two full bathrooms, this newer rehabbed large duplex in the heart of Fort Wayne offers; separate entrances, off street parking, both covered front and rear porches, separate furnaces, water heaters, laundry hook-ups, and basements, along with high ceilings and lots of closet/storage throughout. Interested? Call and schedule your walk through today before this deal is gone!!

Last Agent to Sell the Property

Rachel Kain

HomeWorks Realty, LLC Listed on: 11/03/2015

Last Buyer's Agent

Martin Brandenberger

Coldwell Banker Real Estate Group

Coldwell Banker Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $540

Year Built

  • Built in 1900

Lot Details

  • 5,998 Sq Ft Lot
  • Lot Dimensions are 40x150

Home Design

  • Duplex
  • Brick Exterior Construction
  • Poured Concrete
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,662 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Washer and Gas Dryer Hookup

Kitchen

  • Gas Oven or Range
  • Laminate Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Home Security

  • Storm Doors
  • Fire and Smoke Detector

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Cable TV Available

Additional Features

  • Covered Patio or Porch
  • Suburban Location

Listing and Financial Details

  • Assessor Parcel Number 02-12-01-356-003.000-074

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$540

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1900
  • Style: Two Story
  • Architectural Style: Duplex
  • Bedrooms: 6
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: E 40FT & 1/2 VAC ALLEY LOT 155 HANNA ADD
  • Parcel Number ID: 02-12-01-356-003.000-074
  • Platted: Yes
  • Amenities: Cable Available, Countertops-Laminate, Detector-Smoke, Dryer Hook Up Gas/Elec, Natural Woodwork, Porch Covered, Range/Oven Hook Up Gas, Six Panel Doors, Storm Doors, Tub/Shower Combination, Washer Hook-Up
  • Cross Street: Hanna St.
  • Improvmnts In Last5 Yrs: Yes
  • Inside City Limits: Yes
  • Investment Property: Yes
  • Location: City/Town/Suburb, Near College Campus
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 2662
  • Total Finished Sq Ft: 2662
  • Above Grade Finished Sq Ft: 2662
  • Basement: Yes
  • Basement Foundation: Full Basement, Unfinished
  • Basement Material: Poured Concrete
  • Flooring: Carpet, Vinyl
  • Bedroom 1: Dimensions: 10x8, On Level: Upper
  • Bedroom 2: Dimensions: 12x8, On Level: Upper
  • Bedroom 3: Dimensions: 12x12, On Level: Upper
  • Bedroom 4: Dimensions: 12x8, On Level: Upper
  • Bedroom 5: Dimensions: 12x12, On Level: Upper

Exterior Features

  • Exterior: Brick, Vinyl
  • Roof Material: Shingle
  • Outbuilding1: None

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: AEP/I&M
  • Gas Company: NIPSCO
  • Water Company: Fort Wayne City Utilities
  • Cable Company: DirectTV, Dish Network

Lot Info

  • Lot Description: 0-2.9999
  • Lot Dimensions: 40x150
  • Estimated Lot Sq Ft: 5998
  • Estimated Lot Size Acres: 0.1377

Green Features

  • Energy Efficient Windows/Doors: Storm Doors

Tax Info

  • Annual Taxes: 540

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 3, 2020
Sold by
Hobson House Inc
Bought by
Monterroso Jose A
Current Estimated Value
$201,858

Purchase Details

Listed on
Nov 3, 2015
Closed on
Sep 27, 2017
Sold by
Rkm Group Llc
Bought by
Hobson House Inc
Seller's Agent
Rachel Kain
HomeWorks Realty, LLC
Buyer's Agent
Martin Brandenberger
Coldwell Banker Real Estate Group
List Price
$55,000
Sold Price
$50,000
Premium/Discount to List
-$5,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.55%

Purchase Details

Closed on
Jun 3, 2008
Sold by
Fw 616-618 E Jefferson Land Trust
Bought by
Rkm Group Llc

Purchase Details

Closed on
May 18, 2007
Sold by
Lgw Investment Group Llc and Radebaugh Mike
Bought by
Fw 616-618 E Jefferson Land Trust

Purchase Details

Closed on
Jun 21, 2004
Sold by
Rasor Christopher and Rasor Kayla
Bought by
Lgw Investments Group Llc

Purchase Details

Closed on
Jul 28, 2003
Sold by
Lgw Investments Group Llc
Bought by
Rasor Christopher and Rasor Kayla

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
5.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 26, 2002
Sold by
Wabash County Farm Bureau Credit Union
Bought by
Lgw Investment Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,000
Interest Rate
6.95%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 20, 2001
Sold by
Szkudlarek Amy T
Bought by
Wabash County Farm Bureau Credit Union
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Monterroso Jose A -- Metropolitan Title
Hobson House Inc -- None Available
Rkm Group Llc -- Lawyers Title
Fw 616-618 E Jefferson Land Trust -- Lawyers Title
Lgw Investments Group Llc -- --
Rasor Christopher -- Metropolitan Title In Llc
Lgw Investment Group Llc -- Three Rivers Title Company I
Wabash County Farm Bureau Credit Union $148,470 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rasor Christopher $700,000
Previous Owner Lgw Investment Group Llc $490,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/27/2017 09/27/17 Sold $50,000 -9.1% $19 / Sq Ft
09/19/2017 09/19/17 Pending -- -- --
11/03/2015 11/03/15 For Sale $55,000 -- $21 / 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 $1,733 $137,400 $14,200 $123,200
2022 $1,353 $60,200 $3,800 $56,400
2021 $1,532 $68,400 $1,700 $66,700
2020 $1,175 $53,700 $1,100 $52,600
2019 $1,341 $61,600 $1,400 $60,200
2018 $1,633 $74,500 $1,400 $73,100
2017 $976 $44,100 $1,100 $43,000
2016 $944 $43,300 $1,700 $41,600
2014 $540 $26,000 $1,500 $24,500
2013 $415 $20,000 $1,300 $18,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201551174

Indiana Regional MLS

APN: 02-12-01-356-003.000-074