NOT LISTED FOR SALE

731 Cottage Ave Fort Wayne, IN 46807

Historic South Wayne Neighborhood

Estimated Value: $140,000 - $202,000

3 Beds
2 Baths
1,830 Sq Ft
$87/Sq Ft Est. Value

Last Sold November 25, 2024

Last sale price $140,000 $77 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $870/month

36 Days on Market

Highlights

  • Ceiling Fan
  • Carpet
  • 2-minute walk to Old Lutheran Park
  • Level Lot

About This Home

As of November 2024

This fully vacant duplex could be your next investment opportunity! The main floor apartment with spacious living area, dining area, kitchen, 2 bedrooms and 1 bath. Upper apartment features one bedroom, one bath with large living area. Recent updates are new metal roof, new water heater, updated fixtures, fresh paint, new flooring, several new windows and new rear sidewalk. Off street parking available.

Last Agent to Sell the Property

Joni White

North Eastern Group Realty Brokerage Phone: 260-450-1145 Listed on: 09/20/2024

North Eastern Group Realty

Last Buyer's Agent

AMY ALLEN

American Dream Team Real Estate Brokers

American Dream Team Real Estate Brokers

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,053

Year Built

  • Built in 1926

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 40x133
  • Level Lot

Parking

  • 3 Parking Spaces

Home Design

  • Duplex
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Fire and Smoke Detector
  • Unfinished Basement

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • South Wayne Elementary School
  • Portage Middle School
  • South Side High School

Utilities

  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • 2 Units
  • Bond & Brandriff Subdivision

Listing and Financial Details

  • Assessor Parcel Number 02-12-14-110-009.000-074

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,053

Year Built

Built in 1926

Lot Details

5,663 Sq Ft Lot

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1926
  • Style: Two Story
  • Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Lot 38, Bond & Brandriff Add
  • Parcel Number ID: 02-12-14-110-009.000-074
  • Platted: Yes
  • Amenities: Ceiling Fan, Detector-Smoke, Water Heater Gas
  • Inside City Limits: Yes
  • Special Features: None

Interior Features

  • Total Sq Ft: 3330
  • Total Finished Sq Ft: 1830
  • Above Grade Finished Sq Ft: 1830
  • Above Grade Unfinished Sq Ft: 750
  • Below Grade Sq Ft: 750
  • Basement: Yes
  • Basement Foundation: Unfinished
  • Flooring: Carpet, Vinyl
  • Total Below Grade Sq Ft: 750
  • Number Ttl Rooms Below Grade: 1

Exterior Features

  • Exterior: Vinyl
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 3

Utilities

  • Heating Fuel: Gas
  • Sewer: City
  • Water Utilities: City

Schools

  • Elementary School: South Wayne

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 40x133
  • Estimated Lot Sq Ft: 5663
  • Estimated Lot Size Acres: 0.13

Tax Info

  • Annual Property Tax: 2053.02

Multi Family

  • Number Of Units: 2
  • Num Of1 Bedrooms: 1
  • Num Of2 Bedrooms: 1

MLS Schools

  • High School: South Side
  • Middle School: Portage
  • School District: Fort Wayne Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2024
Closed on
Nov 25, 2024
Sold by
Garcia J Bernardino Zuniga
Bought by
Sanchez Andy and Sanchez Maria
Seller's Agent
Joni White
North Eastern Group Realty
Buyer's Agent
AMY ALLEN
American Dream Team Real Estate Brokers
List Price
$155,000
Sold Price
$140,000
Premium/Discount to List
-$15,000
-9.68%
Views
70
Current Estimated Value
$158,787

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,787
Avg. Annual Appreciation
10.01%
Original Mortgage
$119,000
Outstanding Balance
$117,539
Interest Rate
6.44%
Mortgage Type
New Conventional
Estimated Equity
$41,248

Purchase Details

Closed on
Nov 15, 2023
Sold by
Major League Properties Llc
Bought by
Garcia Zuniga

Purchase Details

Closed on
Nov 9, 2023
Sold by
Major League Properties Llc
Bought by
Garcia Zuniga

Purchase Details

Closed on
Jul 18, 2007
Sold by
Lackey Bradford E and Lackey Vickey L
Bought by
Major League Properties Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Sanchez Andy -- None Listed On Document
Sanchez Andy -- None Listed On Document
Garcia Zuniga $5,000 None Listed On Document
Garcia Zuniga $5,000 None Listed On Document
Major League Properties Llc -- None Available
Major League Properties Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sanchez Andy $119,000
Closed Sanchez Andy $119,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/25/2024 11/25/24 Sold $140,000 -4.8% $77 / Sq Ft
10/26/2024 10/26/24 Pending -- -- --
10/16/2024 10/16/24 Price Changed $147,000 -5.2% $80 / Sq Ft
09/20/2024 09/20/24 For Sale $155,000 -- $85 / Sq Ft
Source: Indiana Regional MLS

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
2025 $410 $154,800 $26,000 $128,800
2024 $2,053 $43,200 $26,000 $17,200
2023 $2,053 $105,300 $18,700 $86,600
2022 $1,888 $84,000 $13,500 $70,500
2021 $1,093 $48,800 $5,600 $43,200
2020 $956 $43,700 $4,700 $39,000
2019 $930 $42,700 $4,600 $38,100
2018 $1,140 $52,000 $6,200 $45,800
2017 $1,119 $50,600 $6,400 $44,200
2016 $920 $42,200 $4,900 $37,300
2014 $538 $25,900 $3,400 $22,500
2013 $554 $26,700 $3,700 $23,000
Source: Public Records

Agents Affiliated with this Home

  • Joni White

    Seller's Agent in 2024

    Joni White

    North Eastern Group Realty

    (260) 450-1145

    1 in this area

    35 Total Sales

    Joni White
    Section Image
  • AMY ALLEN

    Buyer's Agent in 2024

    AMY ALLEN

    American Dream Team Real Estate Brokers

    (260) 341-0098

    1 in this area

    52 Total Sales

    AMY ALLEN
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202436438

Indiana Regional MLS

APN: 02-12-14-110-009.000-074

Indiana Allen County Fort Wayne 46807 Historic South Wayne

731 Cottage Ave, Fort Wayne, IN

Not Listed for Sale

MultiFamily

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 Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. 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.
Based on information submitted to the MLS GRID

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