NOT LISTED FOR SALE

Estimated Value: $197,000 - $293,000

4 Beds
2 Baths
1,917 Sq Ft
$118/Sq Ft Est. Value

Last Sold June 05, 2020

Last sale price $186,000 $97 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $1,463/month

53 Days on Market

Highlights

  • The property is located in a historic district
  • Wood Flooring
  • Covered Patio or Porch
  • Traditional Architecture
  • Corner Lot
  • Beamed Ceilings

About This Home

As of June 2020

Fully rented West Central duplex! Downstairs has 2 beds/1 bath & features coffered, beamed ceiling in main bedroom, cased openings, lots of nice hardwood flooring, original dual pocket doors between main bedroom and living room, kitchen with island and breakfast bar & backsplash, tiled tub surround in bathroom. Gas forced air heat and window A/C. 2nd bedroom does not have closet. The basement has laundry hook-ups and room for additional storage. There is a separate service entrance to the basement as well. The upstairs unit also has 2 beds and 1 bath. White trim, mud room/locker area in foyer, laminate flooring except for carpets in bedrooms, transom windows & solid 3-panel doors, ceiling fans, built-in-cabinets in hallway, and laundry closet with stack-able washer/dryer. Electric BB heat. 2 electric meters(tenants pay), gas only for downstairs(tenant paid), one water meter, so owner pays water/sewer/trash.

Last Agent to Sell the Property

Jay Price

Mike Thomas Assoc., Inc Listed on: 03/20/2020

Mike Thomas Assoc., Inc

Co-Listed By

Matt Price

Mike Thomas Assoc., Inc

Last Buyer's Agent

Brandon Steffen

Steffen Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,419

Year Built

  • Built in 1908

Lot Details

  • 1,742 Sq Ft Lot
  • Lot Dimensions are 27x70
  • Landscaped
  • Corner Lot
  • Level Lot
  • Historic Home

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Traditional Architecture
  • Brick Foundation
  • Shingle Roof
  • Asphalt Roof
  • Wood Siding
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Crown Molding
  • Beamed Ceilings
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Pocket Doors
  • Washer Hookup

Kitchen

  • Breakfast Bar
  • Kitchen Island
  • Laminate Countertops

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Walk-Up Access
  • Exterior Basement Entry
  • Block Basement Construction
  • Laundry in Basement

Outdoor Features

  • Covered Deck
  • Covered Patio or Porch

Location

  • Suburban Location
  • The property is located in a historic district

Schools

  • Washington Elementary School
  • Portage Middle School
  • Wayne High School

Utilities

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

Listing and Financial Details

  • Tenant pays for cooling, electric, fuel, heating, snow removal
  • The owner pays for building insurance, lawn maintenance, sewer, tax, trash collection, water
  • Assessor Parcel Number 02-12-02-365-001.000-074

Community Details

Overview

  • 2 Units
  • West Central Subdivision

Pet Policy

  • Pet Restriction

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Insurance Expense $810
  • Maintenance Expense $500
  • Water Sewer Expense $1,128

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,419

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1908
  • Age: 112
  • Style: Two Story
  • Architectural Style: Traditional
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: W 27' OF N 70' LOT 165 ROCKHILL AMENDED ADDITION
  • Parcel Number ID: 02-12-02-365-001.000-074
  • Platted: Yes
  • Amenities: Basement, Ceiling Fan, Breakfast Bar, Ceiling-9+, Ceilings-Beamed, Countertops-Laminate, Crown Molding, Deck Covered, Deck Open, Kitchen Island, Landscaped, Pocket Doors, Porch Covered, Water Heater Electric, Washer Hook-Up
  • Cross Street: Jackson Street
  • Inside City Limits: Yes
  • Location: City/Town/Suburb, Historic District
  • Road Surface: Paved
  • Sp Lp Percent: 100.59
  • Monthly Gross Income: 1725
  • Restrictions Yn: Yes
  • Year Taxes Payable: 2020
  • Special Features: None

Interior Features

  • Total Sq Ft: 2829
  • Total Finished Sq Ft: 1917
  • Above Grade Finished Sq Ft: 1917
  • Below Grade Sq Ft: 912
  • Price Per Sq Ft: 97.03
  • Basement: Yes
  • Basement Foundation: Full Basement, Outside Entrance, Unfinished, Walk-up
  • Basement Material: Block, Brick
  • Flooring: Carpet, Laminate, Wood
  • Total Below Grade Sq Ft: 912
  • Number Of Disposals: 2
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Vinyl, Wood
  • Roof Material: Asphalt, Shingle
  • Stories: 2

Garage/Parking

  • Parking: Street

Utilities

  • Cooling: Window
  • Heating Fuel: Electricity, Gas, Baseboard, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: AEP/I&M
  • Gas Company: NIPSCO
  • Water Company: Fort Wayne City Utilities
  • Hvac: Ceiling Fan
  • Annual Insurance Expense: 810
  • Annual Maintenance Expense: 500
  • Annual Water Sewer Expense: 1128
  • Number Electric Meters: 2
  • Number Gas Meters: 1
  • Number Of W D Hookups: 2
  • Number Water Meters: 1

Condo/Co-op/Association

  • Association Restrictions: Yes
  • Common Amenities: Sidewalks
  • Pet Restrictions: Yes

Schools

  • School District: Fort Wayne Community
  • Elementary School: Washington
  • Middle School: Portage
  • High School: Wayne
  • Elementary School: Washington

Lot Info

  • Lot Description: Corner, Level, Historic Designation
  • Lot Dimensions: 27x70
  • Estimated Lot Sq Ft: 1742
  • Estimated Lot Size Acres: 0.04

Rental Info

  • Lease Term: 1 Year, Month to Month
  • Owner Pays: Building Insurance, Lawn Maintenance, Sewer, Tax, Trash Collection, Water
  • Tenant Pays: Cooling, Electric, Fuel, Heating, Snow Removal

Tax Info

  • Exemptions: Mortgage
  • Annual Property Tax: 3418.82

Multi Family

  • Gross Monthly Rent: 1725
  • Number Of Dishwashers: 2
  • Number Of Dryers: 2
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Number Of Washers: 2
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 2

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2020
Closed on
Jun 9, 2020
Sold by
Peter Fennig
Bought by
A And J Llc
Seller's Agent
Jay Price
Mike Thomas Assoc., Inc
Buyer's Agent
Brandon Steffen
Steffen Group
List Price
$184,900
Sold Price
$186,000
Premium/Discount to List
$1,100
0.59%
Current Estimated Value
$217,481

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,481
Avg. Annual Appreciation
8.99%

Purchase Details

Closed on
Oct 31, 2005
Sold by
Custance Gene L
Bought by
Fennig Peter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$12,500
Interest Rate
5.8%
Mortgage Type
Stand Alone Second
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 Buyer Sale Price Title Company
A And J Llc -- Metropolitan Title
Fennig Peter -- Netco
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open A And J Llc $73,498
Open A And J Llc $3,336,000
Previous Owner Fennig Peter $61,747
Previous Owner Fennig Peter D $12,500
Previous Owner Fennig Peter $50,000
Previous Owner Fennig Peter D $12,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2020 06/05/20 Sold $186,000 +0.6% $97 / Sq Ft
05/12/2020 05/12/20 Pending -- -- --
05/10/2020 05/10/20 For Sale $184,900 0.0% $96 / Sq Ft
03/26/2020 03/26/20 Pending -- -- --
03/20/2020 03/20/20 For Sale $184,900 -- $96 / 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 $3,265 $125,100 $21,800 $103,300
2023 $3,265 $142,800 $24,700 $118,100
2022 $3,448 $153,400 $26,800 $126,600
2021 $3,711 $165,700 $26,500 $139,200
2020 $3,457 $158,000 $26,000 $132,000
2019 $3,419 $157,000 $8,700 $148,300
2018 $1,839 $127,700 $8,700 $119,000
2017 $1,153 $79,200 $6,300 $72,900
2016 $957 $66,400 $5,600 $60,800
2014 $829 $66,700 $6,200 $60,500
2013 $658 $65,200 $8,700 $56,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202010482

Indiana Regional MLS

APN: 02-12-02-365-001.000-074