NOT LISTED FOR SALE

901 Cottage Ave Fort Wayne, IN 46807

Creighton Neighborhood

Estimated Value: $136,000 - $210,473

4 Beds
2 Baths
2,212 Sq Ft
$77/Sq Ft Est. Value

Last Sold October 08, 2014

Last sale price $50,000 $23 Per Sq Ft

Est. 231% increase in value since last sale

Current estimated payment $1,268/month

44 Days on Market

Highlights

  • Corner Lot
  • 1 Car Detached Garage
  • Community Storage Space
  • Covered Patio or Porch
  • Forced Air Heating System
  • 4-minute walk to Old Lutheran Park

About This Home

As of October 2014

DUPLEX – Nice, clean and move in ready. Don’t hesitate, firmly priced for quick sale. Most recent rents were $650/mo for the upper (#903) and $600/mo for the lower (#901) (Income = $15,000/year). Built as a duplex, 2212 total SqFt. Each unit has 9’ ceilings and hardwood floors. Upper (1176 Sq-Ft) and Lower (1036 Sq-Ft) units are near duplicates, each with: Living room, Dining room, Covered Porch, 2 Bedrooms, Kitchen and 1 Bath. Upper unit is 140 Sq-ft larger because of an upper back entry foyer that is above a common hall below. Each has separate secure Basement with their own laundry. Each has separate gas forced air furnace and central air. Includes: 2 stoves, 2 refrigerators, 2 washers and 2 dryers. Has 2-gas and 2-electric meters, 1 water meter. 18x18 Garage space, single garage door. 30 year Roof, Gutters, Soffit all under 5 years old. Located on the corner of Indiana and Cottage, across the street from a church and South Wayne Elementary School.

Last Agent to Sell the Property

Dave McDaniel

RE/MAX Results Listed on: 07/23/2014

RE/MAX Results

Last Buyer's Agent

Adam Gerig

CENTURY 21 Bradley Realty, Inc

CENTURY 21 Bradley Realty, Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $871

Year Built

  • Built in 1926

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 50x93
  • Corner Lot
  • Level Lot

Home Design

  • Duplex
  • Asphalt Roof
  • Asphalt

Interior Spaces

  • 2-Story Property
  • Washer Hookup

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Parking

  • 1 Car Detached Garage
  • On-Street Parking
  • Off-Street Parking

Schools

  • South Wayne Elementary School
  • Portage Middle School
  • South Side High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Additional Features

  • Covered Patio or Porch
  • Suburban Location

Listing and Financial Details

  • Tenant pays for cooling, electric, heating, lawn maintenance, snow removal
  • The owner pays for building insurance, tax, trash collection, water softener
  • Assessor Parcel Number 02-12-14-104-015.000-074

Community Details

Overview

  • 2 Units
  • Weber Subdivision

Amenities

  • Community Storage Space

Building Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$871

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1926
  • Age: 88
  • Style: Two Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: N 93 Ft Lot 1 N 93 Of E 10 Ft Lot 2 Webers Add |
  • Parcel Number ID: 02-12-14-104-015.000-074
  • Platted: Yes
  • Amenities: Basement, Off Street Parking, Storage, Porch Covered, Water Heater Gas, Washer Hook-Up
  • Cross Street: Indiana
  • Location: City/Town/Suburb
  • Sp Lp Percent: 95.24
  • Year Taxes Payable: 2014
  • Special Features: None

Interior Features

  • Total Sq Ft: 3248
  • Total Finished Sq Ft: 2212
  • Above Grade Finished Sq Ft: 2212
  • Below Grade Sq Ft: 1036
  • Price Per Sq Ft: 22.6
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Flooring: Mixed
  • Main Level Sq Ft: 1036
  • Total Below Grade Sq Ft: 1036
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Asphalt
  • Roof Material: Asphalt
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 2
  • Parking: Garage, Paved, Street

Utilities

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

Condo/Co-op/Association

  • Common Amenities: Sidewalks

Schools

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

Lot Info

  • Lot Description: Corner, Level
  • Lot Dimensions: 50x93
  • Estimated Lot Sq Ft: 4356
  • Estimated Lot Size Acres: 0.1

Rental Info

  • Owner Pays: Building Insurance, Tax, Trash Collection, Water Softener
  • Tenant Pays: Cooling, Electric, Heating, Lawn Maintenance, Snow Removal

Tax Info

  • Annual Property Tax: 871

Multi Family

  • Number Of Dishwashers: 2
  • Number Of Dryers: 2
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Number Of Washers: 2
  • Num Of2 Bedrooms: 2

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2014
Closed on
Oct 7, 2014
Sold by
Thackray Arnold and Thackray Diana
Bought by
Investment Indiana Llc
Seller's Agent
Dave McDaniel
RE/MAX Results
Buyer's Agent
Adam Gerig
CENTURY 21 Bradley Realty, Inc
List Price
$55,000
Sold Price
$50,000
Premium/Discount to List
-$5,000
-9.09%
Current Estimated Value
$165,469

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,469
Avg. Annual Appreciation
11.56%
Original Mortgage
$37,500
Interest Rate
4.21%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jul 12, 2011
Sold by
Thackray Arnold W and Thackray Arnold
Bought by
Thackray Arnold and Thackray Diana

Purchase Details

Closed on
Jun 16, 2008
Sold by
Wells Fargo Bank Na
Bought by
Thackray Arnold W

Purchase Details

Closed on
Apr 16, 2008
Sold by
Wells Fargo Bank Na
Bought by
Wells Fargo Bank Na and Asset Backed Pass Through Certificates S

Purchase Details

Closed on
Sep 27, 2007
Sold by
Nichols Jerrold and Nichols Mary
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Apr 26, 2007
Sold by
Nichols Jerrold and Nichols Mary
Bought by
Clenny Ilona

Purchase Details

Closed on
Nov 4, 2004
Sold by
Garstka James L and Garstka Jean Pat
Bought by
Nichols Jerrold and Nichols Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
5.8%
Mortgage Type
Purchase Money Mortgage
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
Investment Indiana Llc -- Metropolitan Title Of Indian
Thackray Arnold -- None Available
Thackray Arnold W -- None Available
Wells Fargo Bank Na -- None Available
Wells Fargo Bank Na $35,672 None Available
Clenny Ilona -- None Available
Nichols Jerrold -- Title Express Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Investment Indiana Llc $37,500
Previous Owner Nichols Jerrold $72,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2014 10/08/14 Sold $50,000 -9.1% $23 / Sq Ft
09/05/2014 09/05/14 Pending -- -- --
07/23/2014 07/23/14 For Sale $55,000 -- $25 / 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 $4,396 $188,500 $12,100 $176,400
2023 $4,396 $192,300 $12,100 $180,200
2022 $1,513 $67,300 $10,500 $56,800
2021 $1,344 $60,000 $5,300 $54,700
2020 $1,243 $56,800 $5,100 $51,700
2019 $1,215 $55,800 $5,100 $50,700
2018 $1,140 $52,000 $5,800 $46,200
2017 $1,119 $50,600 $6,000 $44,600
2016 $859 $39,400 $4,900 $34,500
2014 $599 $28,800 $4,300 $24,500
2013 $872 $42,000 $12,100 $29,900
Source: Public Records

Agents Affiliated with this Home

  • Dave McDaniel

    Seller's Agent in 2014

    Dave McDaniel

    RE/MAX

    (260) 602-6148

    155 Total Sales

    Section Image

  • A

    Buyer's Agent in 2014

    Adam Gerig

    CENTURY 21 Bradley Realty, Inc

    (260) 399-1177

    2 in this area

    45 Total Sales

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Map

Source: Indiana Regional MLS

MLS Number: 201431895

Indiana Regional MLS

APN: 02-12-14-104-015.000-074

Indiana Allen County Fort Wayne 46807 Historic South Wayne

901 Cottage Ave, Fort Wayne, IN

This home is located at 901 Cottage Ave, Fort Wayne, IN 46807 since 23 July 2014 and is currently estimated at $170,118, approximately $76 per square foot. This property was built in 1926. 901 Cottage 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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