$139,900
UNDER CONTRACT

Estimated payment $924/month

Total Views 421
5 Beds
2 Baths
1,960 Sq Ft
$71 Price per Sq Ft

Highlights

  • Forced Air Heating and Cooling System
  • Community Storage Space
  • 2-minute walk to Bloomingdale Park
  • Level Lot
  • Carpet

About This Home

Great investment opportunity in Fort Wayne's 46808 zip code! This duplex offers spacious kitchens, living rooms, and bedrooms in both units. Current rents are $750 and $650 per month, with tenants responsible for all utilities and operating on month to month leases. Strong cash flow potential and a solid addition to any rental portfolio.

Listing Agent

Aaron Boone

Keller Williams Realty Group Brokerage Email: aaronboone@kw.com Listed on: 08/26/2025

Keller Williams Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,959

Year Built

  • Built in 1920

Lot Details

  • 3,500 Sq Ft Lot
  • Lot Dimensions are 35x100
  • Level Lot

Home Design

  • Duplex
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Unfinished Basement
  • Laundry in Basement

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Off-Street Parking

Schools

  • Bloomingdale Elementary School
  • Lakeside Middle School
  • North Side High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 02-12-03-429-027.000-074

Community Details

Overview

  • 2 Units
  • Papes Subdivision

Amenities

  • Community Storage Space

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,959

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1920
  • Age: 105
  • Style: Two Story
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 5
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: PAPES 3RD ADDITION LOT 24 & W 2.3'LOT 23
  • Parcel Number ID: 02-12-03-429-027.000-074
  • Platted: Yes
  • Amenities: Basement, Off Street Parking, Storage, Cable Available
  • Monthly Gross Income: 1400
  • Year Taxes Payable: 2025
  • Special Features: UnderContract

Interior Features

  • Total Sq Ft: 2940
  • Total Finished Sq Ft: 1960
  • Above Grade Finished Sq Ft: 1960
  • Below Grade Sq Ft: 980
  • Price Per Sq Ft: 71.38
  • Basement: Yes
  • Basement Foundation: Unfinished
  • Flooring: Carpet, Vinyl
  • Total Below Grade Sq Ft: 980
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Vinyl
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 2

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Number Of W D Hookups: 2

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 35X100
  • Estimated Lot Sq Ft: 3500
  • Estimated Lot Size Acres: 0.08
  • Lot Number: 2423

Rental Info

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

Multi Family

  • Gross Monthly Rent: 1400
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Number Of 3 Bedrooms: 2
  • Num Of Efficiencies: 2
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 1959.28

MLS Schools

  • High School: North Side
  • Middle School: Lakeside
  • 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 $2,019 $85,700 $7,100 $78,600
2022 $1,373 $61,100 $5,600 $55,500
2021 $1,606 $71,700 $4,300 $67,400
2020 $1,510 $69,000 $4,300 $64,700
2019 $1,250 $57,400 $4,600 $52,800
2018 $1,278 $58,300 $5,200 $53,100
2017 $1,150 $52,000 $5,200 $46,800
2016 $1,085 $49,800 $5,200 $44,600
2014 $671 $32,300 $3,400 $28,900
2013 $901 $43,400 $5,200 $38,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2025 08/26/25 For Sale $139,900 -- $71 / Sq Ft
Source: Indiana Regional MLS

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Centurion Land Title Inc
Warranty Deed -- None Available
Warranty Deed -- Metropolitan Title Of In
Special Warranty Deed -- Investors Titlecorp
Sheriffs Deed $15,008 None Available
Warranty Deed -- Metropolitan Title Of In
Corporate Deed -- Security Title Services Llc
Sheriffs Deed $37,387 --
Warranty Deed -- Columbia Land Title Co Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $64,600 Purchase Money Mortgage
Previous Owner $39,000 Unknown
Previous Owner $53,600 No Value Available
Source: Public Records

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Source: Indiana Regional MLS

MLS Number: 202534092

Indiana Regional MLS

APN: 02-12-03-429-027.000-074