$30,000
SOLD JAN 17, 2020
3 Beds
2 Baths
1,361 Sq Ft
3,920 Sq Ft Lot

Recently Sold

$22 Per Sq Ft

14% Below List Price

146 Days on Market

Highlights

  • Laundry in Utility Room
  • Ceiling Fan
  • Carpet
  • Forced Air Heating System
  • Level Lot
  • 3-minute walk to Miner Park Playground

About This Home

As of January 2020

Investment Opportunity. Tenants have been there 5 years and 12 years. Month to month tenancy on both units. This property owner has 3 others listed currently, package deal possibility. Home will be sold as is.

Last Agent to Sell the Property

Justin Walborn

Mike Thomas Assoc., Inc Listed on: 07/11/2019

Mike Thomas Assoc., Inc

Co-Listed By

Jeff Walborn

Mike Thomas Assoc., Inc

Last Buyer's Agent

Ryan Newsbitt

Mike Thomas Assoc., Inc

Mike Thomas Assoc., Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $732

Year Built

  • Built in 1890

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 33 x 130
  • Level Lot

Home Design

  • Duplex
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Carpet
  • Basement
  • Basement Cellar
  • Laundry in Utility Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Location

  • Suburban Location

Schools

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

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for cable, snow removal
  • The owner pays for electric, heating, sewer, trash collection, water
  • Assessor Parcel Number 02-12-11-352-013.000-074

Community Details

Overview

  • 2 Units
  • J M Fairfields Subdivision

Pet Policy

  • Pet Restriction

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $820
  • Fuel Expense $400
  • Insurance Expense $630
  • Maintenance Expense $1,000
  • Water Sewer Expense $750

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$732

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1890
  • Age: 129
  • Style: Two Story
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: LOT 1 J M FAIRFIELDS TO SOUTH WAYNE ADD
  • Parcel Number ID: 02-12-11-352-013.000-074
  • Platted: Yes
  • Amenities: Ceiling Fan, Water Heater Gas
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Sp Lp Percent: 85.96
  • Zoning Description: two family dwelling
  • Monthly Gross Income: 800
  • Year Taxes Payable: 2019
  • Special Features: None

Interior Features

  • Total Sq Ft: 1764
  • Total Finished Sq Ft: 1361
  • Above Grade Finished Sq Ft: 1361
  • Below Grade Sq Ft: 403
  • Price Per Sq Ft: 22.04
  • Basement: Yes
  • Basement Foundation: Cellar
  • Flooring: Carpet
  • Total Below Grade Sq Ft: 403
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Vinyl
  • Stories: 2

Utilities

  • Cooling: Window
  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Electric: 820
  • Annual Fuel Expense: 400
  • Annual Insurance Expense: 630
  • Annual Maintenance Expense: 1000
  • Annual Water Sewer Expense: 750
  • 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
  • Elementary School: South Wayne

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 33 X 130
  • Estimated Lot Sq Ft: 3920
  • Estimated Lot Size Acres: 0.09
  • Lot Number: 1

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Electric, Heating, Sewer, Trash Collection, Water
  • Tenant Pays: Cable, Snow Removal

Multi Family

  • Gross Monthly Rent: 800
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of1 Bedrooms: 1
  • Num Of2 Bedrooms: 1
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 732

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 11, 2019
Closed on
Jan 19, 2020
Sold by
Renegade Investments Llc
Bought by
Personal Home Care Llc
Seller's Agent
Justin Walborn
Mike Thomas Assoc., Inc
Buyer's Agent
Ryan Newsbitt
Mike Thomas Assoc., Inc
List Price
$34,900
Sold Price
$30,000
Premium/Discount to List
-$4,900
-14.04%
Current Estimated Value
$118,924

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,924
Avg. Annual Appreciation
23.76%
Original Mortgage
$114,750
Interest Rate
3.7%
Mortgage Type
Unknown

Purchase Details

Listed on
Jul 22, 2016
Closed on
Jun 1, 2018
Sold by
Fleetwood Inc
Bought by
Renegade Investments Llc
Seller's Agent
Ruth Mercer
CENTURY 21 Bradley Realty, Inc
Buyer's Agent
Justin Walborn
Mike Thomas Assoc., Inc
List Price
$43,900
Sold Price
$25,000
Premium/Discount to List
-$18,900
-43.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.18%
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
Deed -- Trademark Title
Deed $25,000 Trademark Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $114,750 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/17/2020 01/17/20 Sold $30,000 -14.0% $22 / Sq Ft
12/04/2019 12/04/19 Pending -- -- --
10/07/2019 10/07/19 For Sale $34,900 0.0% $26 / Sq Ft
09/18/2019 09/18/19 Pending -- -- --
08/27/2019 08/27/19 Price Changed $34,900 -12.5% $26 / Sq Ft
07/11/2019 07/11/19 For Sale $39,900 +59.6% $29 / Sq Ft
05/01/2018 05/01/18 Sold $25,000 -43.1% $32 / Sq Ft
03/27/2018 03/27/18 Pending -- -- --
07/22/2016 07/22/16 For Sale $43,900 -- $56 / 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 $1,571 $103,900 $16,400 $87,500
2023 $1,571 $68,700 $16,400 $52,300
2022 $1,490 $66,300 $10,100 $56,200
2021 $1,100 $49,100 $4,100 $45,000
2020 $1,074 $49,100 $4,100 $45,000
2019 $1,069 $49,100 $4,100 $45,000
2018 $732 $33,400 $4,100 $29,300
2017 $626 $28,300 $4,100 $24,200
2016 $612 $28,100 $4,100 $24,000
2014 $449 $21,600 $4,100 $17,500
2013 $453 $21,800 $4,100 $17,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201929449

Indiana Regional MLS

APN: 02-12-11-352-013.000-074