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$110,000   Price Analysis
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1426 High St
Fort Wayne, IN 46808
5 bed 5 bath 3,034 SqFt ($36/SqFt)
0.27 acre lot. Built 1900
Listed 2021-01-15, Taxes $2,730
Ⓧ USDA Ineligible
due to location

near Fort Wayne

Looking for an investment opportunity? This income producing property has 5 - 1 bedroom

* No Longer For Sale *
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1 bath u nits. Located close to downtown this prperty is in a extraordinary rental area and has a low vacancy rate.

Looking for an investment opportunity? This income producing property has 5 - 1 bedroom, 1 bath u nits. Located close to downtown this prperty is in a extraordinary rental area and has a low vacancy rate.


Presented by Jackie McBride at
Perfect Pad Realty, Llc.


Property MLS #202043087 from IRMLS

Bedrooms: 5
Bedroom 2 Description: 1

Total Bathrooms: 5
Full Bathrooms: 5

Fuel Expense: 1500
Heating Features: Gas

Furnished Description: Building
Flooring: Carpet, Vinyl

Basement Description: Crawl, Partial Basement

Lot Description: Level
Lot Size Acres: 0.2744
Lot Size Dimensions: 86x139
Lot Size Square Feet: 11953

Garage Spaces: 3

Elementary School: Washington
High School: Wayne
Middle School: Portage
School District: Fort Wayne Community

Washington Elementary School is a public elementary school located approximately 0.8 miles away.
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Portage Middle School is a public middle school located approximately 1.9 miles away.
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Wayne High School is a public high school located approximately 6 miles away.
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Most Precious Blood Catholic School is a private elementary and middle school located approximately 0.6 miles away.
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Number of Units: 5
Number of 1 Bedroom Units: 5
Total Rooms in Unit-1: 3
Total Rooms in Unit-2: 3
Total Rooms in Unit-3: 3
Total Rooms in Unit-4: 3
Unit 1 Total Actual Rent: 400
Unit 2 Total Actual Rent: 500
Unit 3 Total Actual Rent: 475
Unit 4 Total Actual Rent: 595
Unit 5 Total Actual Rent: 550

Income Includes: 30240
Lease Term: 1 Year

Maintenance Expense: 1200

Community Features: Basement

Annual Tax Amount: 600
Source Listing Status: Sold
County: Allen County
Directions: Runion to High St., turn east towards St Mary's
Tax Year: 2020
Source Property Type: Fiveplex
Insurance Expense: 600
Source Neighborhood: Wayne Heights
Number of Separate Electric Meters: 1
Owner Pays: Cooling, Electric, Fuel, Heating, Water
Parcel Number: 02-12-03-252-022.000-074
Subdivision: Wayne Heights
Township: Wayne
Lot Number: 18
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2021$143,600 + $12,900
$156,500
$2,730
2021$112,600 + $9,300
$121,900
$2,730
2020$108,000 + $12,900
$120,900
$3,418
2019$58,600 + $7,600
$66,200
$2,627
2018$46,400 + $6,900
$53,300
$1,448
2017$45,800 + $7,100
$52,900
$1,175
2016$45,500 + $7,700
$53,200
$1,150
2015$49,200 + $10,500
$59,700
$1,112
2013$29,300 + $12,500
$41,800
$1,403
2012$29,300 + $12,500
$41,800
$865
2011$29,300 + $12,500
$41,800
$836
2010$29,300 + $12,500
$41,800
$838
2009$29,300 + $12,600
$41,900
$1,047

Listing removed 2024-06-01
$294,900
IRMLS
Price Changed 2024-04-03
$294,900
IRMLS
Listed 2024-03-13
$299,900
IRMLS
Listing removed 2021-02-13
$595
IRMLS
Sold 2021-01-12
$105,000
IRMLS
Sold 2020-08-10
$65,000
Public Record

Net Operating Income: 19813

Total Square Feet Living: 3034
Year Built: 1900
Below Grade Unfinished Area: 738
Property Age: 121
Levels or Stories: 2
Structure Type: INVESTMENT
Total Area Sqft: 3772
Architectural Style: Two Story

Electric Expense: 3000
Gas: 1
Sewer: Public
Public
Water Sewer Expense: 1500

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.