NOT LISTED FOR SALE

Estimated Value: $179,000 - $253,000

5 Beds
3.5 Baths
2,584 Sq Ft
$79/Sq Ft Est. Value

Last Sold November 06, 2020

Last sale price $120,500 $47 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $1,508/month

4 Days on Market

Highlights

  • Covered patio or porch
  • Level Lot
  • Carpet
  • Forced Air Heating System
  • Wood Siding

About This Home

As of November 2020

Great income producing property! This triplex is located in the popular Lakeside neighborhood in the '05, just one block from Conjure Coffee and minutes to Downtown! Main level offers a 3 bedroom, 1 1/2 bathroom with laundry located in the half bath. Gas forced air furnace for the main level, and separate gas and electric meter for this unit. Upper level has two 1 bedroom, 1 bathroom units. Upper units heated by energy-efficient Stiebel Eltron electric convection units. Parking for 4 vehicles off-street at the back of the property. Two New 200 amp electrical panels, all new main water line. Some cosmetics and maintenance needed - priced accordingly for its condition.

Last Agent to Sell the Property

Joshua Lewis

Steffen Group Listed on: 09/18/2020

Last Buyer's Agent

Brandon Steffen

Steffen Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $308

Year Built

  • Built in 1900

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 45x150
  • Level Lot

Home Design

  • Triplex
  • Wood Siding
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Laundry in Bathroom
  • Partially Finished Basement

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms

Parking

  • 4 Parking Spaces
  • Off-Street Parking

Utilities

  • Window Unit Cooling System
  • Multiple Heating Units
  • Forced Air Heating System
  • Heating System Uses Gas

Additional Features

  • Covered patio or porch
  • Suburban Location

Listing and Financial Details

  • Tenant pays for cable
  • The owner pays for electric, fuel, sewer, tax, trash collection, water
  • Assessor Parcel Number 02-12-01-178-013.000-074

Community Details

Overview

  • 3 Units

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$308

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1900
  • Age: 120
  • Style: Two Story
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 5
  • Total Bathrooms: 4
  • Total Full Bathrooms: 3
  • Total Number of Half Bathrooms: 1
  • Legal Description: Lot 80 Lakeside Park Addition
  • Parcel Number ID: 02-12-01-178-013.000-074
  • Platted: Yes
  • Amenities: Porch Covered
  • Location: City/Town/Suburb
  • Sp Lp Percent: 92.69
  • Monthly Gross Income: 1950
  • Special Features: None

Interior Features

  • Total Sq Ft: 3448
  • Total Finished Sq Ft: 2584
  • Above Grade Finished Sq Ft: 2584
  • Below Grade Sq Ft: 864
  • Price Per Sq Ft: 46.63
  • Basement: Yes
  • Basement Foundation: Partial Basement
  • Flooring: Carpet, Vinyl
  • Total Below Grade Sq Ft: 864
  • Number Of Ranges Ovens: 3
  • Number Ttl Rooms Below Grade: 1

Exterior Features

  • Exterior: Vinyl, Wood
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 4
  • Parking: Off Street

Utilities

  • Cooling: Window
  • Heating Fuel: Electricity, Gas, Forced Air, Multiple Heating Systems
  • Sewer: City
  • Water Utilities: City
  • Number Electric Meters: 2
  • Number Gas Meters: 1
  • Number Of W D Hookups: 1
  • Number Water Meters: 1

Schools

  • School District: Fort Wayne Community
  • Elementary School: Forest Park
  • Middle School: Lakeside
  • High School: North Side

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 45x150
  • Estimated Lot Sq Ft: 6534
  • Estimated Lot Size Acres: 0.15

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Electric, Fuel, Sewer, Tax, Trash Collection, Water
  • Tenant Pays: Cable

Multi Family

  • Gross Monthly Rent: 1950
  • Number Of Refrigerators: 3
  • Number Of Units: 3
  • Num Of1 Bedrooms: 2
  • Number Of 3 Bedrooms: 1
  • Num Of Units Rented: 3

Tax Info

  • Annual Property Tax: 307.72

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2020
Closed on
Nov 6, 2020
Sold by
Caudill Major Lee
Bought by
Ofive Llc
Seller's Agent
Joshua Lewis
Steffen Group
Buyer's Agent
Brandon Steffen
Steffen Group
List Price
$130,000
Sold Price
$120,500
Premium/Discount to List
-$9,500
-7.31%
Current Estimated Value
$197,506

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,006
Avg. Annual Appreciation
11.60%
Original Mortgage
$90,375
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 28, 2016
Sold by
Pfeiffer John A and Pfeiffer Susan C
Bought by
Caudill Major Lee

Purchase Details

Closed on
Sep 24, 2008
Sold by
Mustin Helen M
Bought by
Pfeiffer John and Pfeiffer Sue
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
Ofive Llc -- None Listed On Document
Caudill Major Lee -- None Available
Pfeiffer John -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed O Five Llc $253,400
Closed Ofive Llc $253,400
Closed Ofive Llc $90,375
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2020 11/06/20 Sold $120,500 -7.3% $47 / Sq Ft
09/22/2020 09/22/20 Pending -- -- --
09/18/2020 09/18/20 For Sale $130,000 -- $50 / 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 $5,128 $223,400 $23,300 $200,100
2022 $3,275 $145,700 $15,000 $130,700
2021 $3,216 $143,600 $7,600 $136,000
2020 $1,357 $80,200 $9,900 $70,300
2019 $308 $22,600 $9,900 $12,700
2018 $298 $21,900 $9,900 $12,000
2017 $262 $19,600 $9,900 $9,700
2016 $250 $19,100 $9,900 $9,200
2014 $2,026 $97,500 $9,000 $88,500
2013 $1,962 $94,500 $9,900 $84,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202037652

Indiana Regional MLS

APN: 02-12-01-178-013.000-074