NOT LISTED FOR SALE

720 Mechanic St Fort Wayne, IN 46808

Nebraska Neighborhood

Estimated Value: $141,491 - $171,000

4 Beds
4 Baths
2,274 Sq Ft
$67/Sq Ft Est. Value

Last Sold February 05, 2020

Last sale price $75,000 $33 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $998/month

Highlights

  • Corner Lot
  • Ceiling Fan
  • Carpet
  • Forced Air Heating and Cooling System

About This Home

As of February 2020

This home is located at 720 Mechanic St, Fort Wayne, IN 46808 since 16 January 2020 and is currently estimated at $152,497, approximately $67 per square foot. This property was built in 1910. 720 Mechanic St is a home located in Allen County with nearby schools including Washington Elementary School, Portage Middle School, and Wayne High School.

Last Agent to Sell the Property

UPSTAR NonMember

Non-Member Office Listed on: 01/16/2020

Last Buyer's Agent

Richard Rutledge

Trueblood Real Estate, LLC.

Trueblood Real Estate, LLC.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $627

Year Built

  • Built in 1910

Lot Details

  • 8,185 Sq Ft Lot
  • Lot Dimensions are 62x132
  • Corner Lot

Home Design

  • Quadruplex
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Laminate Countertops

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Partially Finished Basement

  • Block Basement Construction
  • Crawl Space

Parking

  • 4 Parking Spaces
  • On-Street Parking
  • Off-Street Parking

Schools

  • Bloomingdale Elementary School
  • Shawnee Middle School
  • North Side High School

Utilities

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

Listing and Financial Details

  • The owner pays for building insurance, cooling, electric, heating, lawn maintenance, maintenance, sewer, tax, trash collection, water
  • Assessor Parcel Number 02-12-03-405-001.000-074

Community Details

Overview

  • 4 Units

Pet Policy

  • Pet Restriction

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$627

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Fourplex
  • Year Built: 1910
  • Age: 110
  • Style: Two Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: LOT 240 ROCKHILLS 2nd Add
  • Parcel Number ID: 02-12-03-405-001.000-074
  • Platted: Yes
  • Amenities: Basement, Ceiling Fan, Countertops-Laminate, Water Heater Gas
  • Sp Lp Percent: 100
  • Year Taxes Payable: 2019
  • Special Features: None

Interior Features

  • Total Sq Ft: 3264
  • Total Finished Sq Ft: 2274
  • Above Grade Finished Sq Ft: 2274
  • Below Grade Sq Ft: 990
  • Price Per Sq Ft: 32.98
  • Basement: Yes
  • Basement Foundation: Crawl, Partial Basement, Unfinished
  • Basement Material: Block, Poured Concrete
  • Flooring: Carpet, Laminate, Vinyl
  • Total Below Grade Sq Ft: 990
  • Number Of Ranges Ovens: 4

Exterior Features

  • Exterior: Aluminum
  • Roof Material: Asphalt
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 4
  • Parking: Off Street, Street

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Number Electric Meters: 1
  • Number Gas Meters: 1
  • Number Of W D Hookups: 1
  • Number Water Meters: 1

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • School District: Fort Wayne Community
  • Elementary School: Bloomingdale
  • Middle School: Shawnee
  • High School: North Side
  • Elementary School: Bloomingdale

Lot Info

  • Lot Description: Corner
  • Lot Dimensions: 62x132
  • Estimated Lot Sq Ft: 8185
  • Estimated Lot Size Acres: 0.1879
  • Lot Number: 240

Rental Info

  • Lease Term: Negotiable
  • Owner Pays: Building Insurance, Cooling, Electric, Heating, Lawn Maintenance, Maintenance, Sewer, Tax, Trash Collection, Water

Tax Info

  • Annual Property Tax: 627

Multi Family

  • Number Of Refrigerators: 4
  • Number Of Units: 4
  • Num Of1 Bedrooms: 4
  • Num Of Units Rented: 2

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2020
Closed on
Feb 5, 2020
Sold by
Jc Property Management Group Llc
Bought by
Adele P Richardson Supplemental Needs Tr and Daryl M Benson Irrevocable Trust
Seller's Agent
UPSTAR NonMember
Non-Member Office
Buyer's Agent
Richard Rutledge
Trueblood Real Estate, LLC.
List Price
$75,000
Sold Price
$75,000
Current Estimated Value
$152,497

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,497
Avg. Annual Appreciation
13.35%

Purchase Details

Closed on
May 20, 2011
Sold by
Gingerich Nicole
Bought by
Jc Property Management Group Llc

Purchase Details

Closed on
Sep 3, 2010
Sold by
Unique Investment Group Llc
Bought by
Gingerich Nicole

Purchase Details

Closed on
Jun 19, 2009
Sold by
Diplomat Llc
Bought by
Unique Investment Group Llc

Purchase Details

Closed on
Nov 7, 2008
Sold by
Deutsche Bank National Trust Company
Bought by
Diplomat Llc

Purchase Details

Closed on
Sep 10, 2008
Sold by
Wake Matthew B
Bought by
Deutsche Bank National Trust Co and Registered Holders Of Gsamp Trust 2005-H

Purchase Details

Closed on
Sep 26, 2003
Sold by
Chopra Gursharan S
Bought by
Wake Matthew B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
6.4%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 26, 2001
Sold by
Barker Elwood and Barker Patricia
Bought by
Chopra Gursharan S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,500
Interest Rate
6.92%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Adele P Richardson Supplemental Needs Tr $75,000 Centurion Land Title Inc
Jc Property Management Group Llc -- None Available
Gingerich Nicole -- Lawyers Title
Unique Investment Group Llc -- Title Express Inc
Diplomat Llc $9,000 Resource Title Of Cincinnati
Deutsche Bank National Trust Co $33,945 None Available
Wake Matthew B -- American Title Inc
Chopra Gursharan S -- Columbia Land Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wake Matthew B $72,000
Previous Owner Chopra Gursharan S $49,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/05/2020 02/05/20 Sold $75,000 0.0% $33 / Sq Ft
01/16/2020 01/16/20 Pending -- -- --
01/16/2020 01/16/20 For Sale $75,000 -- $33 / 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 $2,314 $120,200 $9,100 $111,100
2022 $1,722 $76,600 $7,800 $68,800
2021 $1,716 $76,600 $7,800 $68,800
2020 $1,127 $51,500 $4,400 $47,100
2019 $841 $38,600 $7,800 $30,800
2018 $627 $28,600 $8,900 $19,700
2017 $633 $28,600 $8,900 $19,700
2016 $623 $28,600 $8,900 $19,700
2014 $594 $28,600 $8,900 $19,700
2013 $594 $28,600 $8,900 $19,700
Source: Public Records

Agents Affiliated with this Home

  • U

    Seller's Agent in 2020

    UPSTAR NonMember

    Non-Member Office

  • Richard Rutledge

    Buyer's Agent in 2020

    Richard Rutledge

    Trueblood Real Estate, LLC.

    (260) 267-8220

    80 Total Sales

    Richard Rutledge
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Map

Source: Indiana Regional MLS

MLS Number: 202002526

Indiana Regional MLS

APN: 02-12-03-405-001.000-074

Indiana Allen County Fort Wayne 46808 Nebraska

720 Mechanic St, Fort Wayne, IN

This home is located at 720 Mechanic St, Fort Wayne, IN 46808 since 16 January 2020 and is currently estimated at $152,497, approximately $67 per square foot. This property was built in 1910. 720 Mechanic St is a home located in Allen County with nearby schools including Washington Elementary School, Portage Middle School, and Wayne 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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