NOT LISTED FOR SALE

725 Columbia Ave Fort Wayne, IN 46805

Northside Neighborhood

Estimated Value: $194,000 - $242,061

4 Beds
2 Baths
2,165 Sq Ft
$101/Sq Ft Est. Value

Last Sold April 30, 2020

Last sale price $147,500 $68 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $1,519/month

Highlights

  • Wood Flooring
  • Patio
  • Ceiling Fan
  • Porch
  • Forced Air Heating System
  • 5-minute walk to Old Fort Park

About This Home

As of April 2020

Brick Duplex with 2 Bedrooms Each Unit. Tenants Pay Heat. Owner Pays Elec and Water & Sewer. Appliances Included. Hardwood Floors. Upper Unit has Walk-Up Attic that is Partially Finished - Could be 3rd Bedroom. Bsmt Has Some Finished Area & Bath. Rents are $625 & $565. There is a 1 Car Detached Garage.Large Front Porch & Rear Patio.

Last Agent to Sell the Property

Mark Recht

Recht and Recht Listed on: 03/09/2020

Last Buyer's Agent

Mark Recht

Recht and Recht Listed on: 03/09/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $690

Year Built

  • Built in 1900

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 45x100
  • Level Lot

Home Design

  • Duplex
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Wood Flooring
  • Partially Finished Basement
  • 1 Bathroom in Basement
  • Walkup Attic

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Garage
  • Off-Street Parking

Outdoor Features

  • Patio
  • Porch

Location

  • Suburban Location

Schools

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

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for heating
  • The owner pays for cooling, electric, sewer, trash collection, water
  • Assessor Parcel Number 02-12-01-155-008.000-074

Community Details

Overview

  • 2 Units
  • Lakeside Park Subdivision

Pet Policy

  • Pet Restriction

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$690

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1900
  • Age: 120
  • Style: Two Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: S 100 Lot 22 Lakeside Park Add
  • Parcel Number ID: 02-12-01-155-008.000-074
  • Platted: Yes
  • Amenities: Ceiling Fan, Attic-Walk-up, Patio Open, Porch Open, Water Heater Gas
  • Location: City/Town/Suburb
  • Sp Lp Percent: 98.33
  • Monthly Gross Income: 1190
  • Year Taxes Payable: 2019
  • Special Features: None

Interior Features

  • Total Sq Ft: 5267
  • Total Finished Sq Ft: 2165
  • Above Grade Finished Sq Ft: 2165
  • Above Grade Unfinished Sq Ft: 2165
  • Below Grade Sq Ft: 937
  • Price Per Sq Ft: 68.13
  • Basement: Yes
  • Basement Foundation: Partial Basement
  • Flooring: Wood
  • Number Below Grade Bathrooms: 1
  • Total Below Grade Sq Ft: 937
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Brick
  • Roof Material: Dimensional Shingles
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 2
  • Parking: Garage, Off Street

Utilities

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

Condo/Co-op/Association

  • 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: Level
  • Lot Dimensions: 45x100
  • Estimated Lot Sq Ft: 4356
  • Estimated Lot Size Acres: 0.1

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Cooling, Electric, Sewer, Trash Collection, Water
  • Tenant Pays: Heating

Multi Family

  • Gross Monthly Rent: 1190
  • Number Of Dryers: 1
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Number Of Washers: 1
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 690

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
Mar 9, 2020
Closed on
May 1, 2020
Sold by
Matthew Fletter Lynn
Bought by
Swerens Hannah
Seller's Agent
Mark Recht
Recht and Recht
Buyer's Agent
Mark Recht
Recht and Recht
List Price
$150,000
Sold Price
$147,500
Premium/Discount to List
-$2,500
-1.67%
Total Days on Market
0
Current Estimated Value
$219,515

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,015
Avg. Annual Appreciation
7.18%
Original Mortgage
$144,827
Outstanding Balance
$130,927
Interest Rate
3.6%
Mortgage Type
FHA
Estimated Equity
$79,135

Purchase Details

Listed on
Mar 9, 2020
Closed on
Apr 30, 2020
Sold by
Fletter Lynn Matthew
Bought by
Swerens Hannah
Seller's Agent
Mark Recht
Recht and Recht
Buyer's Agent
Mark Recht
Recht and Recht
List Price
$150,000
Sold Price
$147,500
Premium/Discount to List
-$2,500
-1.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,827
Outstanding Balance
$130,927
Interest Rate
3.6%
Mortgage Type
FHA
Estimated Equity
$79,135
Source: Public Records

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Range of Values:

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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
Swerens Hannah $146,275 Titan Title Services
Swerens Hannah $147,500 Titan Title Seri
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Swerens Hannah $144,827
Closed Swerens Hannah $144,827
Previous Owner Fletter Lynn Matthew $69,190
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2020 04/30/20 Sold $147,500 -1.7% $68 / Sq Ft
03/09/2020 03/09/20 Pending -- -- --
03/09/2020 03/09/20 For Sale $150,000 -- $69 / 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 $3,445 $210,900 $29,700 $181,200
2022 $2,930 $130,700 $8,100 $122,600
2021 $1,366 $130,700 $8,100 $122,600
2020 $1,258 $125,700 $8,100 $117,600
2019 $520 $76,600 $8,100 $68,500
2018 $690 $76,600 $8,100 $68,500
2017 $695 $76,600 $8,100 $68,500
2016 $686 $76,600 $8,100 $68,500
2014 $658 $76,600 $8,100 $68,500
2013 $657 $73,500 $7,300 $66,200
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2020

    Mark Recht

    Recht and Recht

    (260) 433-3433

    1 in this area

    15 Total Sales

    Mark Recht
    Section Image
See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 202008735

Indiana Regional MLS

APN: 02-12-01-155-008.000-074

Indiana Allen County Fort Wayne 46805 Northside

725 Columbia Ave, Fort Wayne, IN

This home is located at 725 Columbia Ave, Fort Wayne, IN 46805 since 09 March 2020 and is currently estimated at $219,515, approximately $101 per square foot. This property was built in 1900. 725 Columbia 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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