$270,000
$5K PRICE DROP

Estimated payment $1,842/month

Total Views 11,955
4 Beds
4 Baths
2,810 Sq Ft
$96 Price per Sq Ft

Highlights

  • Porch
  • 3 Car Garage
  • Carpet
  • Forced Air Heating System
  • Historic Home
  • 3-minute walk to Old Fort Park

About This Home

Back on the market by no fault of the seller. Well maintained quad-plex in the City of Fort Wayne Historical District. This property features 4 total units that are all rented. This location is perfect for walking or bike riding to downtown festivities, local shops and restaurants. The garage is also rented out to one of the tenants for additional monthly income. Tenants pay electric with water and gas being billed to tenants when the bill is over $100. On street and off street parking. Property management company in place for new owner to utilize.

Listing Agent

Kathy Hutchins

CENTURY 21 Bradley Realty, Inc Brokerage Phone: 260-609-3570 Listed on: 06/03/2025

CENTURY 21 Bradley Realty, Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,840

Year Built

  • Built in 1890

Lot Details

  • 6,750 Sq Ft Lot
  • Lot Dimensions are 45x150
  • Historic Home

Home Design

  • Quadruplex
  • Brick Foundation
  • Asphalt Roof

Interior Spaces

  • 2-Story Property
  • Fire and Smoke Detector

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Partially Finished Basement

  • Exterior Basement Entry
  • Block Basement Construction
  • Crawl Space

Parking

  • 3 Car Garage
  • Gravel Driveway
  • Dirt Driveway
  • On-Street Parking
  • Off-Street Parking

Schools

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

Utilities

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

Additional Features

  • Porch
  • Suburban Location

Listing and Financial Details

  • The owner pays for building insurance, heating, lawn maintenance, maintenance, sewer, trash collection, water
  • Assessor Parcel Number 02-12-01-157-004.000-074

Community Details

Overview

  • 4 Units
  • Lakeside Park Subdivision

Pet Policy

  • Pet Restriction

Building Details

  • 4 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Fuel Expense $1,368
  • Insurance Expense $2,400
  • Maintenance Expense $800
  • Water Sewer Expense $1,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,840

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Fourplex
  • Year Built: 1890
  • Age: 135
  • Style: Two Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: LAKESIDE PARK ADD LOT 7
  • Parcel Number ID: 02-12-01-157-004.000-074
  • Platted: Yes
  • Amenities: Off Street Parking, Detector-Smoke, Porch Open, Water Heater Gas
  • Cross Street: St Joseph Blvd
  • Location: City/Town/Suburb
  • Annual Miscellaneous: 200
  • Monthly Gross Income: 2840
  • Restrictions Yn: Yes
  • Year Taxes Payable: 2025
  • Special Features: None

Interior Features

  • Total Sq Ft: 4780
  • Total Finished Sq Ft: 2810
  • Above Grade Finished Sq Ft: 2810
  • Above Grade Unfinished Sq Ft: 150
  • Below Grade Sq Ft: 1820
  • Price Per Sq Ft: 96.09
  • Basement: Yes
  • Basement Foundation: Crawl, Partial Basement, Unfinished, Outside Entrance
  • Basement Material: Block, Brick
  • Flooring: Carpet, Vinyl
  • Main Level Sq Ft: 905
  • Total Below Grade Sq Ft: 1820
  • Number Of Ranges Ovens: 4

Exterior Features

  • Exterior: Aluminum
  • Roof Material: Asphalt
  • Stories: 2
  • Outbuilding Sq Ft: 396

Garage/Parking

  • Driveway: Dirt, Gravel
  • Number Of Parking Spaces: 3
  • Parking: Garage, Off Street, Street

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
  • Annual Fuel Expense: 1368
  • Annual Insurance Expense: 2400
  • Annual Maintenance Expense: 800
  • Annual Water Sewer Expense: 1200
  • Number Electric Meters: 4
  • Number Gas Meters: 2
  • Number Of W D Hookups: 1
  • Number Water Meters: 1

Condo/Co-op/Association

  • Common Amenities: Sidewalks
  • Pet Restrictions: Yes

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: Historic Designation
  • Lot Dimensions: 45X150
  • Estimated Lot Sq Ft: 6750
  • Estimated Lot Size Acres: 0.16
  • Lot Number: 7

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Building Insurance, Heating, Lawn Maintenance, Maintenance, Sewer, Trash Collection, Water
  • Tenant Pays: Electric

Tax Info

  • Total Assessed Value: 211700
  • Annual Property Tax: 4840

Multi Family

  • Gross Monthly Rent: 2840
  • Number Of Refrigerators: 4
  • Number Of Units: 4
  • Num Of1 Bedrooms: 3
  • Num Of Efficiencies: 1
  • Num Of Units Rented: 4

MLS Schools

  • High School: North Side
  • Middle School: Lakeside
  • 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 $4,012 $211,700 $26,900 $184,800
2022 $2,946 $131,100 $16,400 $114,700
2021 $2,894 $129,200 $6,500 $122,700
2020 $1,987 $90,800 $5,000 $85,800
2019 $1,169 $53,700 $9,900 $43,800
2018 $1,177 $53,700 $9,900 $43,800
2017 $1,188 $53,700 $9,900 $43,800
2016 $1,170 $53,700 $9,900 $43,800
2014 $1,147 $55,200 $6,500 $48,700
2013 $1,380 $66,500 $9,000 $57,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2025 07/30/25 Price Changed $270,000 -1.8% $96 / Sq Ft
07/02/2025 07/02/25 For Sale $275,000 0.0% $98 / Sq Ft
06/12/2025 06/12/25 Pending -- -- --
06/03/2025 06/03/25 For Sale $275,000 +37.5% $98 / Sq Ft
01/20/2023 01/20/23 Sold $200,000 -4.8% $71 / Sq Ft
12/22/2022 12/22/22 Pending -- -- --
12/21/2022 12/21/22 Price Changed $210,000 -6.7% $75 / Sq Ft
11/03/2022 11/03/22 For Sale $225,000 -- $80 / Sq Ft
Source: Indiana Regional MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Metropolitan Title Of In
Warranty Deed $200,000 Metropolitan Title Of In
Deed -- None Listed On Document
Warranty Deed -- --
Interfamily Deed Transfer -- Three Rivers Title Company I
Warranty Deed -- Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $146,250 New Conventional
Closed $146,250 New Conventional
Previous Owner $93,750 New Conventional
Previous Owner $54,000 Commercial
Previous Owner $50,800 Commercial
Source: Public Records

Source: Indiana Regional MLS

MLS Number: 202520857

Indiana Regional MLS

APN: 02-12-01-157-004.000-074