$224,900
$25K PRICE DROP

Estimated payment $1,416/month

Total Views 23,034
5 Beds
3 Baths
2,882 Sq Ft
$78 Price per Sq Ft

Highlights

  • Hot Water Heating System
  • Carpet
  • 2-minute walk to McCulloch Park

About This Home

Investor special brick TRI-Plex located within walking distance to Electric Works across from McCulloch Park. Brand new roof in late 2021. One efficiency unit currented rented @ $350/M. Two 2 bedroom units currently rented at $640/M + $600/M. Investors will see immediate ROI. Landlord pays gas/Water.

Listing Agent

Brandon Stone

CENTURY 21 Bradley Realty, Inc Brokerage Phone: 260-446-5159 Listed on: 02/04/2025

CENTURY 21 Bradley Realty, Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,600

Year Built

  • Built in 1900

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 40x125

Home Design

  • Triplex
  • Planned Development
  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 2-Story Property
  • Washer Hookup
  • Unfinished Basement

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Parking

  • 3 Parking Spaces
  • Private Parking
  • Gravel Driveway
  • Off-Street Parking

Location

  • Suburban Location

Schools

  • Fairfield Elementary School
  • Jefferson Middle School
  • North Side High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Hot Water Heating System

Listing and Financial Details

  • The owner pays for fuel, tax, trash collection, water
  • Assessor Parcel Number 02-12-11-155-004.000-074

Community Details

Overview

  • 3 Units
  • Nuttman Place Subdivision

Building Details

  • Fuel Expense $1,200
  • Insurance Expense $600
  • Maintenance Expense $500
  • Trash Expense $200
  • Water Sewer Expense $1,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,600

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1900
  • Age: 125
  • Style: Two Story
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 5
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: LOT 15 NUTTMAN PLACE ADD
  • Parcel Number ID: 02-12-11-155-004.000-074
  • Platted: Yes
  • Amenities: Washer Hook-Up
  • Location: City/Town/Suburb
  • Annual Miscellaneous: 500
  • Monthly Gross Income: 1590
  • Year Taxes Payable: 2600
  • Special Features: None

Interior Features

  • Total Sq Ft: 5338
  • Total Finished Sq Ft: 2882
  • Above Grade Finished Sq Ft: 2882
  • Above Grade Unfinished Sq Ft: 1228
  • Below Grade Sq Ft: 1228
  • Price Per Sq Ft: 78.04
  • Basement: Yes
  • Basement Foundation: Unfinished
  • Flooring: Carpet, Vinyl
  • Total Below Grade Sq Ft: 1228
  • Number Of Ranges Ovens: 3

Exterior Features

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

Garage/Parking

  • Number Of Parking Spaces: 3
  • Parking: Gravel, Off Street, Private

Utilities

  • Cooling: Wall AC, Window
  • Heating Fuel: Hot Water
  • Sewer: City
  • Water Utilities: City
  • Electric Company: AEP/I&M
  • Gas Company: NIPSCO
  • Water Company: Fort Wayne City Utilities
  • Annual Fuel Expense: 1200
  • Annual Insurance Expense: 600
  • Annual Maintenance Expense: 500
  • Annual Trash Expense: 200
  • Annual Water Sewer Expense: 1200
  • Number Of W D Hookups: 1

Schools

  • School District: Fort Wayne Community
  • Elementary School: Fairfield
  • Middle School: Jefferson
  • High School: North Side
  • Elementary School: Fairfield

Lot Info

  • Lot Description: Planned Unit Development
  • Lot Dimensions: 40x125
  • Estimated Lot Sq Ft: 4792
  • Estimated Lot Size Acres: 0.11

Rental Info

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

Multi Family

  • Gross Monthly Rent: 1590
  • Number Of Refrigerators: 3
  • Number Of Units: 3
  • Num Of2 Bedrooms: 2
  • Num Of Efficiencies: 1
  • Num Of Units Rented: 3

Tax Info

  • Annual Property Tax: 2600

MLS Schools

  • High School: North Side
  • Middle School: Jefferson
  • School District: Fort Wayne Community

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $2,609 $143,000 $11,400 $131,600
2023 $2,609 $114,100 $14,500 $99,600
2022 $3,609 $160,600 $11,800 $148,800
2021 $2,766 $123,500 $4,800 $118,700
2020 $2,702 $123,500 $4,800 $118,700
2019 $2,689 $123,500 $4,800 $118,700
2018 $1,637 $74,700 $4,800 $69,900
2017 $1,385 $62,600 $4,800 $57,800
2016 $1,351 $62,000 $4,800 $57,200
2014 $900 $43,300 $4,900 $38,400
2013 $351 $16,900 $4,900 $12,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2025 07/15/25 Price Changed $224,900 -2.2% $78 / Sq Ft
06/29/2025 06/29/25 Price Changed $229,900 -1.3% $80 / Sq Ft
05/22/2025 05/22/25 Price Changed $232,900 -0.9% $81 / Sq Ft
05/10/2025 05/10/25 Price Changed $234,900 -2.1% $82 / Sq Ft
05/02/2025 05/02/25 Price Changed $239,900 -2.0% $83 / Sq Ft
04/26/2025 04/26/25 For Sale $244,900 0.0% $85 / Sq Ft
04/23/2025 04/23/25 Pending -- -- --
03/17/2025 03/17/25 Price Changed $244,900 -1.6% $85 / Sq Ft
02/21/2025 02/21/25 Price Changed $248,900 -0.4% $86 / Sq Ft
02/04/2025 02/04/25 For Sale $249,900 -- $87 / Sq Ft
Source: Indiana Regional MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $190,000 Centurion Land Title
Source: Public Records

Source: Indiana Regional MLS

MLS Number: 202503802

Indiana Regional MLS

APN: 02-12-11-155-004.000-074