NOT LISTED FOR SALE

618 Tennessee Ave Fort Wayne, IN 46805

Spy Run Neighborhood

Estimated Value: $98,000 - $148,337

2 Beds
2 Baths
1,057 Sq Ft
$110/Sq Ft Est. Value

Last Sold November 05, 2019

Last sale price $60,988 $58 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $760/month

19 Days on Market

Highlights

  • Wood Flooring
  • Fenced Yard
  • Landscaped
  • Covered patio or porch
  • Built-in Bookshelves
  • Central Air

About This Home

As of November 2019

The price stated on this property is the assessed tax value (as a guideline). This property is being sold at public auction on Tuesday, October 1, 2019. Auction begins at 5:30 p.m. (Real Estate to sell at 5:30 p.m). This property may sell for more or less than the assessed value, depending on the outcome of the auction bidding. 2 Income Properties in North Central Fort Wayne Sells Absolute No Reserve | 2 Excellent Rental Properties | 618 Tennessee Ave: 2BR 2BA | 428 Nussbaum: 3BR 1BA 2 Great income opportunities, close to Northside High School, Downtown, Old Fort, River Greenway, Headwaters and Promenade Parks.

Last Agent to Sell the Property

Tim McCulloch

Scheerer McCulloch Real Estate Listed on: 09/12/2019

Last Buyer's Agent

Dave McDaniel

RE/MAX Results

RE/MAX Results

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $939

Year Built

  • Built in 1950

Lot Details

  • 5,083 Sq Ft Lot
  • Lot Dimensions are 41 x 124
  • Fenced Yard
  • Chain Link Fence
  • Landscaped
  • Level Lot

Home Design

  • Poured Concrete
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property
  • Built-in Bookshelves
  • Laminate Countertops
  • Washer Hookup

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Finished Basement

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

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Gravel Driveway
  • Off-Street Parking

Schools

  • Forest Park Elementary School
  • Lakeside Middle School
  • North Side High School

Utilities

  • Central Air
  • Heating System Uses Gas
  • Gas Water Heater

Additional Features

  • Covered patio or porch
  • Suburban Location

Listing and Financial Details

  • Tenant pays for cooling, electric, fuel, heating, sewer, trash collection, water
  • Assessor Parcel Number 02-12-01-101-008.000-074

Community Details

Overview

  • Monument Place Subdivision

Building Details

  • Electric Expense $75
  • Fuel Expense $75
  • Insurance Expense $400
  • Maintenance Expense $100
  • Water Sewer Expense $100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$939

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Year Built: 1950
  • Age: 69
  • Style: One Story
  • Architectural Style: Ranch
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: LOT 10 MONUMENT PLACE ADD
  • Parcel Number ID: 02-12-01-101-008.000-074
  • Platted: Yes
  • Amenities: Basement, Fenced Yard, Off Street Parking, Built-In Bookcase, Countertops-Laminate, Garage Door Opener, Landscaped, Porch Covered, Water Heater Gas, Washer Hook-Up
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Sp Lp Percent: 100
  • Monthly Gross Income: 700
  • Year Taxes Payable: 939.36
  • Special Features: Auction
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 1450
  • Total Finished Sq Ft: 1057
  • Above Grade Finished Sq Ft: 725
  • Below Grade Finished Sq Ft: 332
  • Below Grade Sq Ft: 393
  • Price Per Sq Ft: 84.12
  • Basement: Yes
  • Basement Foundation: Finished, Full Basement
  • Basement Material: Poured Concrete
  • Flooring: Vinyl, Wood
  • Number Below Grade Bathrooms: 1
  • Total Below Grade Sq Ft: 725
  • Number Of Ranges Ovens: 1

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt
  • Fence: Chain Link
  • Stories: 1

Garage/Parking

  • Driveway: Gravel
  • Number Of Parking Spaces: 2
  • Parking: Off Street

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas
  • Sewer: City
  • Water Utilities: City
  • Annual Electric: 75
  • Annual Fuel Expense: 75
  • Annual Insurance Expense: 400
  • Annual Maintenance Expense: 100
  • Annual Water Sewer Expense: 100
  • Number Of W D Hookups: 1

Condo/Co-op/Association

  • Common Amenities: Sidewalks

Schools

  • School District: Fort Wayne Community
  • Elementary School: Forest Park
  • Middle School: Lakeside
  • High School: North Side
  • Elementary School: Forest Park

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 41 x 124
  • Estimated Lot Sq Ft: 5083
  • Estimated Lot Size Acres: 0.1167

Rental Info

  • Lease Term: 1 Year
  • Tenant Pays: Cooling, Electric, Fuel, Heating, Sewer, Trash Collection, Water

Multi Family

  • Gross Monthly Rent: 700
  • Number Of Refrigerators: 1
  • Number Of Units: 1
  • Num Of2 Bedrooms: 1
  • Num Of Units Rented: 1

Tax Info

  • Annual Property Tax: 939.36

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2019
Closed on
Oct 31, 2019
Sold by
Paul Scott Properties Llc
Bought by
Appenzeller Kevin M
Seller's Agent
Tim McCulloch
Scheerer McCulloch Real Estate
Buyer's Agent
Dave McDaniel
RE/MAX Results
List Price
$34,000
Sold Price
$60,988
Premium/Discount to List
$26,988
79.38%
Current Estimated Value
$109,119

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,131
Avg. Annual Appreciation
9.83%
Original Mortgage
$44,625
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 2, 2010
Sold by
Breyer Patricia L and Kane Sally J
Bought by
Paul Scott Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$19,200
Interest Rate
4.77%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Appenzeller Kevin M -- Titan Title Serivces Llc
Paul Scott Properties Llc -- Titan Title Services Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Appenzeller Kevin M $90,000
Closed Appenzeller Kevin M $44,625
Closed Appenzeller Kevin M $44,625
Previous Owner Paul Scott Properties Llc $35,000
Previous Owner Paul Scott Properties Llc $19,200
Previous Owner Brown Nina J $26,500
Previous Owner Brown Nina J $54,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/05/2019 11/05/19 Sold $60,988 +79.4% $58 / Sq Ft
10/01/2019 10/01/19 Pending -- -- --
09/12/2019 09/12/19 For Sale $34,000 -- $32 / 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 $1,900 $89,600 $22,400 $67,200
2022 $1,663 $74,000 $13,000 $61,000
2021 $1,698 $75,800 $19,200 $56,600
2020 $1,573 $71,900 $4,700 $67,200
2019 $740 $34,000 $4,600 $29,400
2018 $601 $27,400 $3,700 $23,700
2017 $500 $22,600 $3,500 $19,100
2016 $784 $36,000 $4,700 $31,300
2014 $488 $23,500 $4,700 $18,800
2013 $878 $42,300 $4,700 $37,600
Source: Public Records

Agents Affiliated with this Home

  • Tim McCulloch

    Seller's Agent in 2019

    Tim McCulloch

    Scheerer McCulloch Real Estate

    (260) 740-6429

    352 Total Sales

    Section Image
  • Dave McDaniel

    Buyer's Agent in 2019

    Dave McDaniel

    RE/MAX

    (260) 602-6148

    156 Total Sales

    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 201940276

Indiana Regional MLS

APN: 02-12-01-101-008.000-074

Indiana Allen County Fort Wayne 46805 Spy Run

618 Tennessee Ave, Fort Wayne, IN

This home is located at 618 Tennessee Ave, Fort Wayne, IN 46805 since 12 September 2019 and is currently estimated at $116,084, approximately $109 per square foot. This property was built in 1950. 618 Tennessee Ave is a home located in Allen County with nearby schools including Forest Park Elementary School, Lakeside Middle School, and North Side High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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