NOT LISTED FOR SALE

Estimated Value: $134,000 - $212,000

4 Beds
4 Baths
1,902 Sq Ft
$91/Sq Ft Est. Value

Last Sold July 30, 2018

Last sale price $115,785 $61 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $1,327/month

14 Days on Market

Highlights

  • Covered patio or porch
  • Hot Water Heating System
  • 1-Story Property
  • Shed
  • Carpet

About This Home

As of July 2018

Fourplex with 1 bedroom and 1 bathroom in each unit. Shared laundry room. Each unit has a 5x10 storage unit. Building is vinyl sided, each unit has a covered porch, includes all appliances, and has several long term tenants. L Shaped lot, drive is off of Alma Ave. Property is part of a package of 4 duplexes, 1 fourplex, and 1 vacant piece of land for a total of $645k. Seller will not split up. Great rental history. Contact agent for more details.

Last Agent to Sell the Property

Adam Springer

Mike Thomas Assoc., Inc Listed on: 05/17/2018

Mike Thomas Assoc., Inc

Last Buyer's Agent

Vince Brown

Select Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,394

Year Built

  • Built in 1955

Lot Details

  • 0.34 Acre Lot
  • Irregular Lot

Home Design

  • Quadruplex
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,902 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Parking

  • 4 Parking Spaces
  • Paved Parking
  • Parking Lot
  • Off-Street Parking

Outdoor Features

  • Covered patio or porch
  • Shed

Location

  • Suburban Location

Schools

  • Waynedale Elementary School
  • Miami Middle School
  • Wayne High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Hot Water Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • The owner pays for building insurance, electric, fuel, lawn maintenance, maintenance, snow removal, sewer, tax, water
  • Assessor Parcel Number 02-12-33-279-018.000-074

Community Details

Overview

  • 4 Units
  • Waynedale Terrace Subdivision

Pet Policy

  • Pet Restriction

Building Details

  • Electric Expense $1,609
  • Fuel Expense $1,130
  • Insurance Expense $1,626
  • Maintenance Expense $1,000
  • Water Sewer Expense $1,467

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,394

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Fourplex
  • Year Built: 1955
  • Age: 63
  • Style: One Story
  • Architectural Style: Ranch
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: LOTS 3 & 26 BLK D WAYNEDALE TERRACE ADD EX ST |
  • Parcel Number ID: 02-12-33-279-018.000-074
  • Platted: Yes
  • Amenities: Porch Covered
  • Location: City/Town/Suburb
  • Sp Lp Percent: 92.08
  • Monthly Gross Income: 1745
  • Year Taxes Payable: 2017
  • Special Features: None

Interior Features

  • Total Sq Ft: 1902
  • Total Finished Sq Ft: 1902
  • Above Grade Finished Sq Ft: 1902
  • Price Per Sq Ft: 60.88
  • Basement Foundation: Crawl
  • Flooring: Carpet, Vinyl
  • Number Of Ranges Ovens: 4

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Stories: 1
  • Outbuilding: Shed
  • Outbuilding Sq Ft: 200

Garage/Parking

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

Utilities

  • Cooling: Wall AC
  • Heating Fuel: Gas, Hot Water
  • Sewer: City
  • Water Utilities: City
  • Annual Electric: 1608.76
  • Annual Fuel Expense: 1130.15
  • Annual Insurance Expense: 1626.03
  • Annual Maintenance Expense: 1000
  • Annual Water Sewer Expense: 1466.6
  • Number Of W D Hookups: 1

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • School District: Fort Wayne Community
  • Elementary School: Waynedale
  • Middle School: Miami
  • High School: Wayne
  • Elementary School: Waynedale

Lot Info

  • Lot Description: Irregular
  • Lot Dimensions: Irregular
  • Estimated Lot Sq Ft: 14749
  • Estimated Lot Size Acres: 0.3386
  • Lot Number: 3

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Building Insurance, Electric, Fuel, Lawn Maintenance, Maintenance, Snow Removal, Sewer, Tax, Water

Multi Family

  • Gross Monthly Rent: 1745
  • Number Of Dryers: 1
  • Number Of Refrigerators: 4
  • Number Of Units: 4
  • Number Of Washers: 1
  • Num Of1 Bedrooms: 4
  • Num Of Units Rented: 4

Tax Info

  • Annual Property Tax: 1394.2

MLS Schools

  • High School: Wayne
  • Middle School: Miami
  • School District: Fort Wayne Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 24, 2019
Sold by
Radtke Bradley and Radtke Ashley
Bought by
Radtke Properties Llc
Total Days on Market
14
Current Estimated Value
$173,000

Purchase Details

Listed on
May 17, 2018
Closed on
Jul 30, 2018
Sold by
T&D Properties Inc
Bought by
Bradley Radtke
Seller's Agent
Adam Springer
Mike Thomas Assoc., Inc
Buyer's Agent
Vince Brown
Select Realty, LLC
List Price
$125,745
Sold Price
$115,785
Premium/Discount to List
-$9,960
-7.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.66%
Original Mortgage
$108,750
Outstanding Balance
$95,418
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$109,082

Purchase Details

Closed on
Sep 30, 2016
Sold by
Lbrillo Anthony and Lbrillo Donna
Bought by
T & D Properties Inc
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
Radtke Properties Llc -- Fidelity Natl Title Co Llc
Bradley Radtke $115,800 --
Radtke Bradley $115,785 Fidelity National Title Co L
T & D Properties Inc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Radtke Bradley $108,750
Previous Owner Lobrillo Anthony $254,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2018 07/30/18 Sold $115,785 -7.9% $61 / Sq Ft
05/31/2018 05/31/18 Pending -- -- --
05/17/2018 05/17/18 For Sale $125,745 -- $66 / 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 $4,257 $171,100 $21,300 $149,800
2022 $3,560 $158,400 $23,600 $134,800
2021 $3,111 $138,900 $10,300 $128,600
2020 $2,648 $120,800 $10,300 $110,500
2019 $2,501 $114,600 $10,300 $104,300
2018 $1,382 $62,800 $10,200 $52,600
2017 $1,394 $62,800 $10,200 $52,600
2016 $1,373 $62,800 $10,200 $52,600
2014 $2,070 $99,600 $10,400 $89,200
2013 $2,039 $98,200 $10,400 $87,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201820590

Indiana Regional MLS

APN: 02-12-33-279-018.000-074