NOT LISTED FOR SALE

Estimated Value: $264,361 - $282,000

5 Beds
4 Baths
2,050 Sq Ft
$133/Sq Ft Est. Value

Last Sold September 09, 2022

Last sale price $230,000 $112 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $1,819/month

4 Days on Market

Highlights

  • The property is located in a historic district
  • 1 Car Detached Garage
  • Entrance Foyer
  • Wood Flooring
  • Eat-In Kitchen
  • 4-minute walk to Moody Park

About This Home

As of September 2022

*Multiple Offers Received! Please submit Highest and Best offers by 10am, Saturday 8/27, meeting Seller with offers at 12pm noon.** Incredible Investment Opportunity in the Historic West-Central Neighborhood! This Four-Unit Residence features a 2-BR apartment on the Main Floor, Two 1-BR apartments on the Second floor, and a unique A-Frame Studio apartment on the 3rd floor. With over 2,000 square feet of finished space, there is a lot of potential future income! Property comes with a one-car detached garage, a rarity in West Central! The alley was recently beautifully redone with brick. Roof is approximately 8 Years old. Perfect opportunity for sweat-equity! Gas meters have been removed, some frozen plumbing. Property sold As-Is with 10 days rights to inspect. As-is addendum attached to listing.

Last Agent to Sell the Property

Joel Griebel

Coldwell Banker Real Estate Gr Listed on: 08/22/2022

Coldwell Banker Real Estate Gr

Co-Listed By

Robert Griebel

Coldwell Banker Real Estate Gr

Last Buyer's Agent

Abigail Ward

Anthony REALTORS

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1890

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 55x50
  • Level Lot
  • Historic Home

Home Design

  • Quadruplex
  • Shingle Roof
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 3-Story Property
  • Entrance Foyer

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Laminate Countertops
  • Built-In or Custom Kitchen Cabinets

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Stone or Rock in Basement

Parking

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

Location

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

Schools

  • Washington Elementary School
  • Miami Middle School
  • Wayne High School

Utilities

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

Listing and Financial Details

  • Tenant pays for cooling, electric, fuel, heating
  • The owner pays for maintenance, sewer, tax, trash collection, water
  • Assessor Parcel Number 02-12-03-491-002.000-074

Community Details

Overview

  • 4 Units
  • Rock Hill / Rockhill Subdivision

Building Details

  • 4 Separate Electric Meters
  • 1 Separate Water Meter
  • Water Sewer Expense $650

Property Details

Home Type

Multi-Family

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Fourplex
  • Year Built: 1890
  • Age: 132
  • Style: Three Story
  • Architectural Style: Historic
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 5
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: S54.85 Lot 190 Rockhills 1ST Amend Add
  • Parcel Number ID: 02-12-03-491-002.000-074
  • Platted: Yes
  • Amenities: Basement, Off Street Parking, Breakfast Bar, Countertops-Laminate, Eat-In Kitchen, Foyer Entry, Custom Cabinetry
  • Location: City/Town/Suburb, Historic District
  • Sp Lp Percent: 100.04
  • Year Taxes Payable: 2022
  • Special Features: None

Interior Features

  • Total Sq Ft: 2870
  • Total Finished Sq Ft: 2050
  • Above Grade Finished Sq Ft: 2050
  • Below Grade Sq Ft: 820
  • Price Per Sq Ft: 112.2
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Basement Material: Stone
  • Flooring: Wood, Vinyl
  • Total Below Grade Sq Ft: 820
  • Number Of Ranges Ovens: 4

Exterior Features

  • Exterior: Wood
  • Roof Material: Asphalt, Shingle
  • Stories: 3

Garage/Parking

  • Driveway: Concrete
  • Number Of Parking Spaces: 1
  • Parking: Off Street

Utilities

  • Cooling: Window
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: AEP/I&M
  • Gas Company: NIPSCO
  • Water Company: Fort Wayne City Utilities
  • Annual Water Sewer Expense: 650
  • Number Electric Meters: 4
  • Number Water Meters: 1

Condo/Co-op/Association

  • Common Amenities: Sidewalks

Schools

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

Lot Info

  • Lot Description: Level, Historic Designation
  • Lot Dimensions: 55x50
  • Estimated Lot Sq Ft: 2614
  • Estimated Lot Size Acres: 0.06

Rental Info

  • Owner Pays: Maintenance, Sewer, Tax, Trash Collection, Water
  • Tenant Pays: Cooling, Electric, Fuel, Heating

Tax Info

  • Annual Property Tax: 6186.1

Multi Family

  • Number Of Refrigerators: 3
  • Number Of Units: 4
  • Num Of1 Bedrooms: 2
  • Num Of2 Bedrooms: 1
  • Num Of Efficiencies: 1

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 7, 2023
Sold by
Mendez Properties Llc
Bought by
Rlx Property Group Llc
Current Estimated Value
$273,454

Purchase Details

Listed on
Aug 22, 2022
Closed on
Sep 9, 2022
Sold by
Cole Eric A
Bought by
Mendez Properties Llc
Seller's Agent
Joel Griebel
Coldwell Banker Real Estate Gr
Buyer's Agent
Abigail Ward
Anthony REALTORS
List Price
$229,900
Sold Price
$230,000
Premium/Discount to List
$100
0.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.04%
Original Mortgage
$328,350
Interest Rate
6.92%
Mortgage Type
New Conventional
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
Rlx Property Group Llc -- Metropolitan Title Of In
Mendez Properties Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rlx Property Group Llc $328,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2022 09/09/22 Sold $230,000 0.0% $112 / Sq Ft
08/26/2022 08/26/22 Pending -- -- --
08/22/2022 08/22/22 For Sale $229,900 -- $112 / 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 $3,951 $141,100 $41,500 $99,600
2022 $1,254 $55,800 $41,500 $14,300
2021 $5,176 $231,100 $41,600 $189,500
2020 $4,999 $225,100 $41,600 $183,500
2019 $4,360 $200,200 $12,700 $187,500
2018 $3,591 $163,800 $12,700 $151,100
2017 $3,075 $139,000 $12,700 $126,300
2016 $3,205 $147,100 $14,000 $133,100
2014 $2,683 $129,100 $14,000 $115,100
2013 $3,054 $147,100 $14,000 $133,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202235131

Indiana Regional MLS

APN: 02-12-03-491-002.000-074