NOT LISTED FOR SALE

Estimated Value: $57,000 - $127,624

2 Beds
1 Bath
690 Sq Ft
$152/Sq Ft Est. Value

Last Sold May 31, 2017

Last sale price $27,000 $39 Per Sq Ft

Est. 289% increase in value since last sale

Current estimated payment $692/month

80 Days on Market

Highlights

  • Fenced Yard
  • Porch
  • Laundry in Utility Room
  • 1 Car Detached Garage
  • Eat-In Kitchen
  • Ceramic Tile Flooring

About This Home

As of May 2017

Great investment opportunity! Pride in ownership with multiple updates. Originally a 1 bedroom home, the floorplan now provides 2 bedrooms, full bath, eat-in kitchen, living room, separate laundry room and a full DRY basement. The interior was completed gutted with the exception of the bathtub & bathroom ceramic tile floor. An eat-in kitchen is equipped with all new cabinetry & countertops, new sink, plus new frost free refrigerator & electric stove that will remain. All new plumbing, interior doors, lighting & ceiling fans, plus new front & back exterior doors. Added blown in insulation in the attic. Most of the windows have been replaced except bedrooms & a large double front window located on the same wall as the front door. New linoleum flooring in the living room, kitchen and laundry room, carpet in both bedrooms. The enclosed back porch was converted to a laundry room w/added plumbing & electric for convenient stacked washer/dryer included. Interior walls & ceilings in living area sprayed with lace texture extra thick, and the entire interior was painted. White blinds at all windows. Installed one window air-conditioning unit, which cools the entire home. A 1 car, 240 sq. ft. detached garage with new service door and electric service. Vinyl siding for a low maintenance exterior. New wood privacy fence stained to match the house and garage. Excellent condition.

Last Agent to Sell the Property

James Felger

Mike Thomas Assoc., Inc Listed on: 01/30/2017

Mike Thomas Assoc., Inc

Co-Listed By

Aaron Hoover

Keller Williams Realty Group

Last Buyer's Agent

James Felger

Mike Thomas Assoc., Inc Listed on: 01/30/2017

Mike Thomas Assoc., Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $308

Year Built

  • Built in 1954

Lot Details

  • 4,552 Sq Ft Lot
  • Lot Dimensions are 65x70
  • Fenced Yard
  • Property is Fully Fenced
  • Level Lot

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Fire and Smoke Detector
  • Laundry in Utility Room

Kitchen

  • Eat-In Kitchen
  • Laminate Countertops

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Parking

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

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Electric Water Heater

Additional Features

  • Porch
  • Suburban Location

Listing and Financial Details

  • Tenant pays for cable, cooling, heating, lawn maintenance, sewer, trash collection, water
  • The owner pays for building insurance, tax
  • Assessor Parcel Number 02-07-36-381-013.000-074

Community Details

Pet Policy

  • Pet Restriction

Building Details

  • Insurance Expense $495

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$308

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Year Built: 1954
  • Age: 63
  • Style: One Story
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: LOT 39 HARTMANS 2ND AMEND SUB ADD
  • Parcel Number ID: 02-07-36-381-013.000-074
  • Platted: Yes
  • Amenities: Basement, Ceiling Fan, Fenced Yard, Off Street Parking, Near Walking Trail, Countertops-Laminate, Detector-Smoke, Eat-In Kitchen, Porch Open, Water Heater Electric, Sump Pump
  • Location: City/Town/Suburb
  • Sp Lp Percent: 49.09
  • Monthly Gross Income: 500
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 1380
  • Total Finished Sq Ft: 690
  • Above Grade Finished Sq Ft: 690
  • Below Grade Sq Ft: 690
  • Basement Foundation: Full Basement
  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Total Below Grade Sq Ft: 690
  • Number Of Microwaves: 1
  • Number Of Ranges Ovens: 1
  • Number Ttl Rooms Below Grade: 4

Exterior Features

  • Exterior: Vinyl
  • Fence: Full, Privacy
  • Stories: 1

Garage/Parking

  • Driveway: Concrete
  • Number Of Parking Spaces: 1
  • Parking: Garage

Utilities

  • Cooling: Window
  • Heating Fuel: Baseboard
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 494.68
  • Number Of W D Hookups: 1

Condo/Co-op/Association

  • Common Amenities: Sidewalks
  • Pet Restrictions: Yes

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 65x70
  • Estimated Lot Sq Ft: 4552
  • Estimated Lot Size Acres: 0.1045
  • Lot Number: 39

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Building Insurance, Tax
  • Tenant Pays: Cable, Cooling, Heating, Lawn Maintenance, Sewer, Trash Collection, Water

Multi Family

  • Gross Monthly Rent: 500
  • Number Of Dryers: 1
  • Number Of Refrigerators: 1
  • Number Of Units: 1
  • Number Of Washers: 1
  • Num Of2 Bedrooms: 1
  • Num Of Units Rented: 1

Tax Info

  • Annual Property Tax: 307.78

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2017
Closed on
May 30, 2017
Sold by
Ritchey Edward D and Ritchey Carrie M
Bought by
Ideal Properties Llc
Seller's Agent
James Felger
Mike Thomas Assoc., Inc
Buyer's Agent
James Felger
Mike Thomas Assoc., Inc
List Price
$55,000
Sold Price
$27,000
Premium/Discount to List
-$28,000
-50.91%
Current Estimated Value
$104,906

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,906
Avg. Annual Appreciation
18.22%
Original Mortgage
$21,600
Outstanding Balance
$18,242
Interest Rate
3.97%
Mortgage Type
New Conventional
Estimated Equity
$88,273

Purchase Details

Closed on
May 10, 2016
Sold by
Reilly Carrie M and Mccainn Sheryl L
Bought by
Reilly Carrie M and Ritchey Edward D

Purchase Details

Closed on
Oct 22, 2012
Sold by
Mccallum Sheryl L
Bought by
Reilly Carrie M and Mccallum Sheryl L

Purchase Details

Listed on
Oct 11, 2011
Closed on
Mar 9, 2012
Sold by
Lamb Adam T
Bought by
Mccallum Sheryl L
Seller's Agent
Ken Steury
Coldwell Banker Real Estate Group
Buyer's Agent
John Otto
3 Rivers Realty
List Price
$18,500
Sold Price
$10,500
Premium/Discount to List
-$8,000
-43.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.83%

Purchase Details

Closed on
Mar 1, 2007
Sold by
Fannie Mae
Bought by
Lamb Adam T

Purchase Details

Closed on
Sep 7, 2006
Sold by
Boggs Brian L
Bought by
Federal National Mortgage Association
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
Ideal Properties Llc -- Trademark Title
Reilly Carrie M -- None Available
Reilly Carrie M -- None Available
Mccallum Sheryl L -- None Available
Lamb Adam T -- Title One
Federal National Mortgage Association $21,191 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ideal Properties Llc $21,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2017 05/31/17 Sold $27,000 -50.9% $39 / Sq Ft
04/20/2017 04/20/17 Pending -- -- --
01/30/2017 01/30/17 For Sale $55,000 +423.8% $80 / Sq Ft
03/09/2012 03/09/12 Sold $10,500 -43.2% $15 / Sq Ft
03/05/2012 03/05/12 Pending -- -- --
10/11/2011 10/11/11 For Sale $18,500 -- $27 / 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 $1,399 $63,500 $18,800 $44,700
2022 $1,056 $47,000 $8,900 $38,100
2021 $1,048 $46,800 $7,700 $39,100
2020 $906 $41,400 $7,200 $34,200
2019 $740 $34,000 $6,100 $27,900
2018 $1,059 $48,300 $10,400 $37,900
2017 $971 $43,900 $10,400 $33,500
2016 $484 $22,200 $6,600 $15,600
2014 $376 $18,100 $12,500 $5,600
2013 $370 $17,800 $12,500 $5,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201703581

Indiana Regional MLS

APN: 02-07-36-381-013.000-074