$65,000
SOLD NOV 30, 2021

824 Huestis Ave Fort Wayne, IN 46807

Historic South Wayne Neighborhood
3 Beds
3 Baths
2,040 Sq Ft
4,356 Sq Ft Lot

Recently Sold

$32 Per Sq Ft

24% Below List Price

131 Days on Market

Highlights

  • Luxury Vinyl Tile Flooring
  • Level Lot
  • 4-minute walk to Miner Park Playground

About This Home

As of November 2021

Investment Opportunity. Triplex with 3 one bedroom apartments. Currently all three are occupied. Gross monthly rents are $1479 with room to Selling 'AS IS." Over good condition, but does need some repairs.

Last Agent to Sell the Property

Vince Brown

Select Realty, LLC Listed on: 06/18/2021

Last Buyer's Agent

Vince Brown

Select Realty, LLC Listed on: 06/18/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,280

Year Built

  • Built in 1900

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 35 x 129
  • Level Lot

Parking

  • Off-Street Parking

Home Design

  • Triplex
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Partially Finished Basement
  • Block Basement Construction

Flooring

  • Carpet
  • Laminate
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Window Unit Cooling System

Listing and Financial Details

  • The owner pays for cooling, electric, fuel, heating
  • Assessor Parcel Number 02-12-11-356-014.000-074

Community Details

Overview

  • 3 Units

Pet Policy

  • Pet Restriction

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $5,800
  • Fuel Expense $242
  • Insurance Expense $1,000
  • Maintenance Expense $1,200
  • Water Sewer Expense $1,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,280

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1900
  • Age: 121
  • Style: Multi-Story (3+)
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: Lot 34 C K Fairfields 3rd Addition
  • Parcel Number ID: 02-12-11-356-014.000-074
  • Platted: Yes
  • Amenities: Off Street Parking
  • Sp Lp Percent: 76.47
  • Annual Miscellaneous: 1000
  • Monthly Gross Income: 1596
  • Special Features: None

Interior Features

  • Total Sq Ft: 2928
  • Total Finished Sq Ft: 2040
  • Above Grade Finished Sq Ft: 2040
  • Below Grade Sq Ft: 888
  • Price Per Sq Ft: 31.86
  • Basement: Yes
  • Basement Foundation: Partial Basement
  • Basement Material: Block
  • Flooring: Carpet, Laminate, Vinyl Tile
  • Total Below Grade Sq Ft: 888
  • Number Of Microwaves: 3
  • Number Of Ranges Ovens: 3

Exterior Features

  • Exterior: Vinyl
  • Stories: 2

Utilities

  • Cooling: Window
  • Heating Fuel: Electricity
  • Sewer: City
  • Water Utilities: City
  • Annual Electric: 5800
  • Annual Fuel Expense: 242
  • Annual Insurance Expense: 1000
  • Annual Maintenance Expense: 1200
  • Annual Water Sewer Expense: 1300
  • Number Electric Meters: 1
  • Number Gas Meters: 1
  • Number Water Meters: 1

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 35 x 129
  • Estimated Lot Sq Ft: 4356
  • Estimated Lot Size Acres: 0.1

Rental Info

  • Owner Pays: Cooling, Electric, Fuel, Heating

Multi Family

  • Gross Monthly Rent: 1596
  • Number Of Refrigerators: 3
  • Number Of Units: 3
  • Num Of1 Bedrooms: 3
  • Num Of Efficiencies: 1
  • Num Of Units Rented: 3

Tax Info

  • Annual Property Tax: 1280

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2021
Closed on
Dec 23, 2021
Sold by
James Andrew and James Robin
Bought by
Rae Investments Llc
Seller's Agent
Vince Brown
Select Realty, LLC
Buyer's Agent
Vince Brown
Select Realty, LLC
List Price
$85,000
Sold Price
$65,000
Premium/Discount to List
-$20,000
-23.53%
Current Estimated Value
$122,951

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,951
Avg. Annual Appreciation
10.07%
Original Mortgage
$48,750
Outstanding Balance
$44,917
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$48,315

Purchase Details

Listed on
Jun 18, 2021
Closed on
Nov 30, 2021
Sold by
Suon Rathana Rocky and Suon Cierra Rim
Bought by
James Andrew and James Robin
Seller's Agent
Vince Brown
Select Realty, LLC
Buyer's Agent
Vince Brown
Select Realty, LLC
List Price
$85,000
Sold Price
$65,000
Premium/Discount to List
-$20,000
-23.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,750
Outstanding Balance
$44,917
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$48,315

Purchase Details

Listed on
Oct 10, 2018
Closed on
Feb 28, 2019
Sold by
Promise Land Properties
Bought by
Suon Rathana Rocky and Suon Cierra Rim
Seller's Agent
Mike Hostetler
North Eastern Group Realty
Buyer's Agent
Scott Pressler
Keller Williams Realty Group
List Price
$70,000
Sold Price
$67,000
Premium/Discount to List
-$3,000
-4.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.09%
Original Mortgage
$50,250
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 5, 2013
Sold by
Hughes Dennisd P and Hughes Pamela K
Bought by
Prioperties Pronmise Land

Purchase Details

Closed on
Oct 21, 2012
Sold by
Alban Marcella Ann and Kroemer Herman L
Bought by
Hughes Dennis P and Hughes Pamela K

Purchase Details

Closed on
Jul 18, 2006
Sold by
Murillo Jorge and Murillo Adriana
Bought by
Alban Marcella Ann and Kroemer Herman L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,400
Interest Rate
9.21%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 21, 2003
Sold by
Martinez Javier and Martinez Maria R
Bought by
Murillo Jorge and Murillo Adriana
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 Type Sale Price Title Company
Quit Claim Deed -- None Available
Warranty Deed $65,000 None Available
Deed $67,000 Centurion Land Title Inc
Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Warranty Deed -- Accurate Title
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $48,750 New Conventional
Previous Owner $50,250 New Conventional
Previous Owner $54,400 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2021 11/30/21 Sold $65,000 -23.5% $32 / Sq Ft
10/27/2021 10/27/21 Pending -- -- --
07/28/2021 07/28/21 For Sale $85,000 0.0% $42 / Sq Ft
06/23/2021 06/23/21 Pending -- -- --
06/18/2021 06/18/21 For Sale $85,000 +26.9% $42 / Sq Ft
02/28/2019 02/28/19 Sold $67,000 0.0% $33 / Sq Ft
01/30/2019 01/30/19 Pending -- -- --
11/18/2018 11/18/18 Price Changed $67,000 -4.3% $33 / Sq Ft
10/10/2018 10/10/18 For Sale $70,000 -- $34 / 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 $1,790 $119,300 $17,400 $101,900
2022 $1,751 $77,900 $10,600 $67,300
2021 $966 $58,500 $4,300 $54,200
2020 $1,280 $58,500 $4,300 $54,200
2019 $1,274 $58,500 $4,300 $54,200
2018 $912 $41,600 $4,300 $37,300
2017 $774 $35,000 $4,300 $30,700
2016 $756 $34,700 $4,300 $30,400
2014 $553 $26,600 $4,300 $22,300
2013 $556 $26,800 $4,300 $22,500
Source: Public Records

Agents Affiliated with this Home

  • Vince Brown

    Seller's Agent in 2021

    Vince Brown

    Select Realty, LLC

    (260) 504-1815

    1 in this area

    49 Total Sales

    Vince Brown
    Section Image
  • Mike Hostetler

    Seller's Agent in 2019

    Mike Hostetler

    North Eastern Group Realty

    (260) 413-7029

    1 in this area

    40 Total Sales

    Mike Hostetler
    Section Image
  • Scott Pressler

    Buyer's Agent in 2019

    Scott Pressler

    Keller Williams Realty Group

    (260) 341-6666

    204 Total Sales

    Scott Pressler
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202123597

Indiana Regional MLS

APN: 02-12-11-356-014.000-074

Indiana Allen County Fort Wayne 46807 Historic South Wayne

824 Huestis Ave, Fort Wayne, IN

This home is located at 824 Huestis Ave, Fort Wayne, IN 46807 and is currently priced at $65,000, approximately $31 per square foot. This property was built in 1900. 824 Huestis Ave is a home located in Allen County with nearby schools including South Wayne Elementary School, Portage Middle School, and South 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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