NOT LISTED FOR SALE

7502 Meriwood Dr Fort Wayne, IN 46835

Tanbark Trails Neighborhood

Estimated Value: $249,476 - $262,000

4 Beds
4 Baths
2,538 Sq Ft
$100/Sq Ft Est. Value

Last Sold December 16, 2016

Last sale price $125,000 $49 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $1,752/month

9 Days on Market

Highlights

  • Partially Wooded Lot
  • Patio
  • Forced Air Heating and Cooling System
  • Built-in Bookshelves
  • Laundry closet
  • 2 Car Garage

About This Home

As of December 2016

Great opportunity in this NE duplex! Live in one side and have your tenant pay part of your mortgage, or rent both sides for investment income. Each unit is 2 bedrooms. Half bath on main level, full bath upstairs. Owner's unit features extra bump-out in the living room, plus a fireplace and extra windows. Tenants side has updated flooring and fresh paint. Both sides have private patio. Owner's side has fenced area. 2-car garage can belong to the owner, or shared with the tenant. Each unit pays their own utilties. Convenient location near I-469 and Maplecrest Rd.

Last Listed By

Mary Douglass

The Douglass Home Team, LLC Listed on: 11/07/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,254

Year Built

  • Built in 1979

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 80x128
  • Level Lot
  • Partially Wooded Lot

HOA Fees

  • $15 Monthly HOA Fees

Home Design

  • Duplex
  • Slab Foundation
  • Wood Siding
  • Vinyl Construction Material

Interior Spaces

  • 2,538 Sq Ft Home
  • 2-Story Property
  • Built-in Bookshelves
  • Laundry closet

Flooring

  • Parquet
  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • 2 Car Garage
  • Off-Street Parking

Outdoor Features

  • Patio

Schools

  • Shambaugh Elementary School
  • Jefferson Middle School
  • Northrop High School

Utilities

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

Listing and Financial Details

  • Tenant pays for cooling, electric, fuel, heating, sewer, trash collection, water
  • The owner pays for association dues
  • Assessor Parcel Number 02-08-10-358-003.000-072

Community Details

Overview

  • 2 Units
  • Tanbark Trails Subdivision

Pet Policy

  • Pet Restriction

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,254

Year Built

Built in 1979

Lot Details

0

HOA Fees

$15 per month

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1979
  • Age: 37
  • Style: Two Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 4
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 2
  • Legal Description: Tanbark Trails Sec II Tract P |
  • Parcel Number ID: 02-08-10-358-003.000-072
  • Platted: Yes
  • Amenities: Fireplace, Off Street Parking, Built-In Bookcase, Patio Open
  • Section Number: 2
  • Sp Lp Percent: 83.39
  • Monthly Gross Income: 695
  • Year Taxes Payable: 2016
  • Special Features: None

Interior Features

  • Total Sq Ft: 2538
  • Total Finished Sq Ft: 2538
  • Above Grade Finished Sq Ft: 2538
  • Price Per Sq Ft: 49.25
  • Basement Foundation: Slab
  • Flooring: Carpet, Laminate, Parquet, Vinyl
  • Number Of Disposals: 2
  • Number Of Microwaves: 1
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Vinyl, Wood
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 2

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Number Of W D Hookups: 2

Condo/Co-op/Association

  • Association Restrictions: Yes
  • Association Fees: 181
  • Association Fees Frequency: Annually
  • Pet Restrictions: Yes

Schools

  • School District: Fort Wayne Community
  • Elementary School: Shambaugh
  • Middle School: Jefferson
  • High School: Northrop
  • Elementary School: Shambaugh

Lot Info

  • Lot Description: Level, Partially Wooded
  • Lot Dimensions: 80x128
  • Estimated Lot Sq Ft: 10454
  • Estimated Lot Size Acres: 0.24

Rental Info

  • Lease Term: Negotiable
  • Owner Pays: Association Dues
  • Tenant Pays: Cooling, Electric, Fuel, Heating, Sewer, Trash Collection, Water

Multi Family

  • Gross Monthly Rent: 695
  • Number Of Dishwashers: 2
  • Number Of Dryers: 1
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Number Of Washers: 1
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 1

Tax Info

  • Annual Property Tax: 1254

MLS Schools

  • High School: Northrop
  • Middle School: Jefferson
  • School District: Fort Wayne Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 14, 2015
Sold by
Jones Candace L
Bought by
Boerger Eugene and Boerger Meg
Total Days on Market
9
Current Estimated Value
$254,869

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,750
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 3, 2014
Sold by
Jones Robert David
Bought by
Jones Robert David and Jones Candace L

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
Boerger Eugene -- Centurion Land Title Inc
Jones Robert David -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Boerger Eugene $93,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2016 12/16/16 Sold $125,000 -16.6% $49 / Sq Ft
11/16/2016 11/16/16 Pending -- -- --
11/07/2016 11/07/16 For Sale $149,900 -- $59 / 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 $3,731 $169,300 $26,400 $142,900
2022 $3,076 $137,200 $26,900 $110,300
2021 $2,629 $117,700 $13,700 $104,000
2020 $2,516 $114,800 $23,000 $91,800
2019 $2,121 $97,200 $13,400 $83,800
2018 $3,088 $140,700 $21,800 $118,900
2017 $3,035 $137,500 $21,800 $115,700
2016 $1,224 $108,200 $21,800 $86,400
2014 $1,237 $104,300 $21,800 $82,500
2013 $1,227 $104,300 $21,800 $82,500
Source: Public Records

Agents Affiliated with this Home

  • Mary Douglass

    Seller's Agent in 2016

    Mary Douglass

    The Douglass Home Team, LLC

    (260) 417-5874

    1 in this area

    203 Total Sales

    Mary Douglass
    Section Image

  • M

    Buyer's Agent in 2016

    Molly Blume

    Blume Real Estate & Appraisals

    (260) 449-0237

    5 Total Sales

    Molly Blume
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 201650912

Indiana Regional MLS

APN: 02-08-10-358-003.000-072

Indiana Allen County Fort Wayne 46835 Tanbark Trails

7502 Meriwood Dr, Fort Wayne, IN

Homes for Sale in Fort Wayne, IN

This home is located at 7502 Meriwood Dr, Fort Wayne, IN 46835 since 07 November 2016 and is currently estimated at $254,869, approximately $100 per square foot. This property was built in 1979. 7502 Meriwood Dr is a home located in Allen County with nearby schools including Willard Shambaugh Elementary School, Jefferson Middle School, and Northrop 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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