706 3rd St Fort Wayne, IN 46808
Bloomingdale Neighborhood
4
Beds
2
Baths
1,884
Sq Ft
4,792
Sq Ft Lot
Highlights
- Wood Flooring
- Level Lot
- 4-minute walk to Bloomingdale Park
- Covered patio or porch
About This Home
As of March 2025Amazing investment opportunity just one block from the upcoming riverfront development! This up-and-down duplex is a work in progress, with all the major exterior updates already completed, including a brand-new roof, windows, and siding. The electric is separately metered for both units, offering ultimate convenience for future tenants or owners. The interior is ready for your finishing touches—let your imagination run wild to design a space that meets your rental income goals, whether for long-term tenants or short-term rentals like Airbnb. Each unit features 2 bedrooms and 1 full bath, with separate furnaces and shared basement access. The property also includes 2 off-street parking spaces accessed from the alley. Prime location, endless potential—this is your chance to invest in a property with huge upside in a growing area!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,473
Year Built
- Built in 1880
Lot Details
- 4,792 Sq Ft Lot
- Lot Dimensions are 29 x 161
- Level Lot
Home Design
- Duplex
- Brick Exterior Construction
- Vinyl Construction Material
Interior Spaces
- 2-Story Property
- Wood Flooring
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Parking
- 2 Parking Spaces
- Off-Street Parking
Outdoor Features
- Covered patio or porch
Schools
- Bloomingdale Elementary School
- Lakeside Middle School
- North Side High School
Utilities
- Window Unit Cooling System
- Heating System Uses Gas
Listing and Financial Details
- Tenant pays for electric, heating, water
- The owner pays for building insurance, tax
- Assessor Parcel Number 02-12-02-105-031.000-074
Community Details
Overview
- 2 Units
- Sweetzer Subdivision
Building Details
- 2 Separate Electric Meters
- 1 Separate Gas Meter
- 1 Separate Water Meter
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 8, 2021
Closed on
Apr 26, 2021
Sold by
Ace Properties & Investments Llc
Bought by
A R Properties Llc
Seller's Agent
Brandon Stone
CENTURY 21 Bradley Realty, Inc
Buyer's Agent
Brandon Stone
CENTURY 21 Bradley Realty, Inc
List Price
$69,900
Sold Price
$45,000
Premium/Discount to List
-$24,900
-35.62%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,333
Avg. Annual Appreciation
26.23%
Purchase Details
Listed on
Apr 8, 2021
Closed on
Apr 8, 2021
Sold by
Select Property Services Llc
Bought by
Ace Properties & Investments Llc
Seller's Agent
Brandon Stone
CENTURY 21 Bradley Realty, Inc
Buyer's Agent
Brandon Stone
CENTURY 21 Bradley Realty, Inc
List Price
$69,900
Sold Price
$45,000
Premium/Discount to List
-$24,900
-35.62%
Purchase Details
Closed on
Oct 31, 2019
Sold by
Mertens Stephen M
Bought by
Select Property Services Llc
Purchase Details
Closed on
Nov 1, 2015
Sold by
Mertens Steven M
Bought by
Bill Baldillaz
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,399
Interest Rate
3.97%
Similar Homes in Fort Wayne, IN
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $45,000 | Centurion Land Title Inc | |
| Warranty Deed | $30,000 | Centurion Land Title Inc | |
| Warranty Deed | $30,000 | Centurion Land Title Inc | |
| Contract Of Sale | $40,000 | None Available | |
| Quit Claim Deed | -- | -- | |
| Contract Of Sale | $100,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $83,399 | No Value Available | |
| Closed | $0 | Land Contract Argmt. Of Sale |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/05/2025 03/05/25 | Sold | $85,000 | -14.9% | $45 / Sq Ft |
| 02/04/2025 02/04/25 | Pending | -- | -- | -- |
| 02/02/2025 02/02/25 | Price Changed | $99,900 | -16.7% | $53 / Sq Ft |
| 01/24/2025 01/24/25 | For Sale | $119,900 | +166.4% | $64 / Sq Ft |
| 04/26/2021 04/26/21 | Sold | $45,000 | -18.0% | $24 / Sq Ft |
| 04/21/2021 04/21/21 | Pending | -- | -- | -- |
| 04/19/2021 04/19/21 | Price Changed | $54,900 | -8.3% | $29 / Sq Ft |
| 04/16/2021 04/16/21 | Price Changed | $59,900 | -7.7% | $32 / Sq Ft |
| 04/14/2021 04/14/21 | Price Changed | $64,900 | -7.2% | $34 / Sq Ft |
| 04/08/2021 04/08/21 | For Sale | $69,900 | -- | $37 / Sq Ft |
Source: Indiana Regional MLS
Tax History Compared to Growth
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 | $3,473 | $150,400 | $13,200 | $137,200 |
| 2022 | $3,036 | $135,100 | $13,200 | $121,900 |
| 2021 | $354 | $15,800 | $6,400 | $9,400 |
| 2020 | $641 | $15,600 | $6,400 | $9,200 |
| 2019 | $1,648 | $75,700 | $6,400 | $69,300 |
| 2018 | $1,550 | $70,700 | $6,400 | $64,300 |
| 2017 | $1,372 | $62,000 | $6,400 | $55,600 |
| 2016 | $723 | $33,200 | $3,600 | $29,600 |
| 2014 | $596 | $28,700 | $3,200 | $25,500 |
| 2013 | $697 | $33,600 | $6,400 | $27,200 |
Source: Public Records
Agents Affiliated with this Home
-
Andrew Kershner
Seller's Agent in 2025
Andrew Kershner
Mike Thomas Assoc., Inc
(260) 602-0757
1 in this area
45 Total Sales
-
Ben Ruhl
Buyer's Agent in 2025
Ben Ruhl
Coldwell Banker Real Estate Group
(260) 750-2120
2 in this area
81 Total Sales
-
Brandon Stone
Seller's Agent in 2021
Brandon Stone
CENTURY 21 Bradley Realty, Inc
(260) 446-5159
23 in this area
533 Total Sales
Map
Source: Indiana Regional MLS
MLS Number: 202502308
APN: 02-12-02-105-031.000-074
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