$60,700 Price Analysis    ♡   Fort Wayne, IN 46808 2 bed 1 bath 1,072 SqFt ($56/SqFt) 3,049SqFt lot. Built 1900 Listed 2024-05-03, Taxes $535 | Ⓧ USDA Ineligible due to location near Fort Wayne |
Nestled in a desirable area of Fort Wayne
This property benefits from proximity to key amenities including schools, parks and shopping centers. With its strategic location, it offers convenience and accessibility, ensuring high demand from potential tenants or future buyers. Property Type: This cozy yet big 2-bedroom, 1-bathroom residence offers ample potential for value appreciation. Boasting a functional layout and a 1-car detached garage, it presents a solid foundation for investment success. Priced at a significant discount, this property presents an exceptional opportunity for investors to capitalize on its untapped potential.
With some cosmetic updates and minor repairs, this gem can be transformed into a lucrative income-generating asset or a profitable resale opportunity. While the property requires some cosmetic enhancements to realize its full value, the investment required is minimal compared to the substantial upside potential it offers. With strategic renovation plan, investors can elevate the property to meet market demands and command premium rents or resale values. With the growing demand for rental properties in Fort Wayne, investors can capitalize on this trend by securing a steady stream of rental income. Whether you're a seasoned investor or a newcomer to the market, this property promises attractive returns and long-term financial stability.
Presented by Joseph Vigliano at
Indianapolis Realty Services.
Property MLS #21977420 from MIBOR
Bedrooms On Main Level: 2
Primary Bedroom Dimensions: 10 x 15
Bedroom 2 Dimensions: 8 x 6
Primary Bedroom Level: Main
Bedroom 2 Level: Main
Primary Bedroom Description: Sitting Room
Living Room Dimensions: 10 x 8
Living Room Level: Main
Full Bathrooms: 1
Full Bathrooms On Main Level: 1
Heating Features: Electric
Lot Size Square Feet: 3049
Parking Features: Detached
Garage Sqft: 384
High School District: Washington Community Schools
Middle School: Washington Junior High School
Map directions Map directions Map directions Map directionsCounty: Allen
Directions: GPS Friendly
Tax Year: 2023
Source Property Type: Residential
Area: 212 - Allen - Wayne
Source Neighborhood: Rockhill
Parcel Number: 021203456012000074
Postal Code Plus 4: 3327
Subdivision: Rockhill
Township: Wayne
Property Subtype: Single Family Residence
Lot Number: 79
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2021 | $27,800 + $3,700 $31,500 | $535 |
| 2021 | $21,800 + $2,100 $23,900 | $535 |
| 2020 | $23,000 + $3,300 $26,300 | $689 |
| 2019 | $18,600 + $2,700 $21,300 | $455 |
| 2018 | $17,300 + $3,100 $20,400 | $301 |
| 2017 | $17,100 + $2,900 $20,000 | $282 |
| 2016 | $17,100 + $3,200 $20,300 | $271 |
| 2015 | $15,900 + $3,700 $19,600 | $276 |
| 2013 | $12,200 + $2,800 $15,000 | $522 |
| 2012 | $10,900 + $2,100 $13,000 | $269 |
| 2011 | $6,700 + $3,200 $9,900 | $198 |
| 2010 | $11,200 + $3,200 $14,400 | $304 |
| 2009 | $12,000 + $3,200 $15,200 | $687 |
$60,700
MIBOR
Price Changed 2024-05-20
$64,700
MIBOR
Price Changed 2024-05-14
$69,700
MIBOR
Price Changed 2024-05-08
$74,700
MIBOR
Listed 2024-05-03
$89,900
MIBOR
Year Built: 1900
Construction Materials: Vinyl Siding
Foundation Details: Brick
Levels: One and One Half
Property Age: 124
Total Area Main: 1072
Architectural Style: Bungalow
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.