2505 Stanford Avenue

Fort Wayne, IN 46808

$275,000
Price
3
Beds
1
Bath
1
1/2 Bath
1,482 Sq. Ft.
$186 / Sq. Ft.
1,482
Sq. Ft.
$186
per Sq. Ft.

Description

TURNKEY AirBnB MONEY-MAKER FOR SALE! Optimum investment property Family home Completely Remodeled 2019 top-to-bottom w/ Luxury & Modern Amenities. Over past 3+yrs & currently Active: well-maintained & Extremely Successful AirBnB w/ NET OPERATING INCOME @ $33,000 Annual Avg. ALL EXISTING ITEMS INSIDE THE HOUSE ARE INCLUDED (examples: appliances, personal property, furnishings, dishes, etc). LOCATION: near famous Ft Wayne Children's Zoo, Parkview Field, Saint Francis University, Franke Park, Promenade...TURNKEY AirBnB MONEY-MAKER FOR SALE! Optimum investment property Family home Completely Remodeled 2019 top-to-bottom w/ Luxury & Modern Amenities. Over past 3+yrs & currently Active: well-maintained & Extremely Successful AirBnB w/ NET OPERATING INCOME @ $33,000 Annual Avg. ALL EXISTING ITEMS INSIDE THE HOUSE ARE INCLUDED (examples: appliances, personal property, furnishings, dishes, etc). LOCATION: near famous Ft Wayne Children's Zoo, Parkview Field, Saint Francis University, Franke Park, Promenade Park on the river, The Landing & DORA downtown, I-69, & much more! 1-LEVEL HOUSE features Best of All Worlds w/ Open Concept Entertaining or spread-out w/ 2 living areas & solid wooden door on sliding track closing off bedroom wing. Floor-ceiling Windows, gorgeous Refinished Woodwork, Shiplap ceilings, Wood Laminate flooring throughout & Natural light floods each space. UNIQUE CHARM, EFFICIENT DESIGNS, & CUSTOM SOLUTIONS: Built-in dedicated office niche w/ desk & shelving + Drop zone bench, lockers, & in-wall hidden IKEA shoe storage + natural wood floating shelves. CHEF'S DREAM KITCHEN boasts sleek cabinetry & floor-ceiling pantry, massive Butcher Block Island, subway tiled walls, SS Professional Line Fridge & Freezer, gas range w/ hood, Frigidaire & GE appliances, culligan water filtration. MODERN SPA BATHROOM RETREAT: Multi-Jet Steam & Rain Shower, Light Touch Mirror, subway-tiled, built-in natural wood linen pantry. OUTDOOR LIVING: 25'x12' low-maintenance Trex covered deck & Sun deck, mature shade tree, grill, Chain-link fenced yard, Shed, Plenty of Off-street Parking double-wide concrete drive & 1.5car garage. Tear-off ROOF NEW 2016, 2019 trex deck, 2019 new skylight & flashing surround, 2024 front screen door, AC approx 11yrs, 2019 W/D set Samsung, & more! Income & Expense Statements can be provided.
  1. Listed by Andrea Zehr • eXp Realty, LLC

Property Details for 2505 Stanford Avenue

Style
One Story
Subdivision
None
Waterfront
No
Pet Restrictions
No
LISTING UPDATED: 10/02/2024 05:40 PM

Property Details for 2505 Stanford Avenue

StatusActive
MLS #202432719
Days on Market118
Taxes$3,200 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / Other
Year Built1947
Lot Size0.23 AC / 10,200 SF
CountyAllen County

Building Information for 2505 Stanford Avenue

Stories1Residences1Year Built1947Building Size-Lot Size0.23 AC / 10,200 SF

Property Information for 2505 Stanford Avenue

Summary
Location and General Information
  • Area: Allen County
  • City: Fort Wayne
  • Zip + 4: 1963
  • Zip Code: 46808
  • State: IN
  • Township: Wayne
  • Geo Latitude: 41
  • Geo Longitude: -85
  • Fips Code: 18003
  • Directions To Property: west on State Blvd, right on Cambridge Blvd, left on Purdue Dr, right on Stanford Ave, house on left
  • Location: City/Town/Suburb, Near College Campus, Near Walking Trail
Taxes and HOA
  • Assoc Dues Frequency: Not Applicable
  • Year Taxes Payable: 2024
  • Parcel Number Id: 02-07-34-179-025.000-074
School Information
  • School District: Fort Wayne Community
  • Elementary: Price
  • Middle School: Northwood
  • High School: North Side
Parking
  • Number Of Parking Spaces: 6
  • Parking: Garage, Private, Street
Property
Lot Information
  • Class: INVESTMENT
  • Property Subtype: Other
  • Approx Lot Size Acres: 0.23
  • Lot Dimensions: 85X120
  • Below Grade Unfin Sqft: 0.0
  • Total Square Feet: 1482.0
  • Approx Lot Size Sqft: 10200.0
  • Above Grade Finished Sqft: 1482.0
  • Below Grade Finished Sqft: 0.0
  • Total Below Grade Sqft: 0.0
  • Total Finished Sqft: 1482.0
  • Above Grade Unfin Sqft: 0.0
  • Lot Description: Level
  • Outbuilding Length: 12.0
  • Outbuilding Sqft: 108
  • Outbuilding Width: 9.0
Property and Assessments
  • New Construction: No
  • Year Built: 1947
  • Age: 77
  • Planned Unit Development: No
Green Features
  • Exemptions: No Exemptions
Utilities
  • Cable Company: Comcast
  • Electric Company: AEP/I&M
  • Gas Company: NIPSCO
  • Sewer: City
  • Water Company: Fort Wayne City Utilities
  • Water Utility: City
Interior and Exterior Features
Exterior Features
  • Amenities: Ceiling Fan, Fenced Yard, Off Street Parking, Near Walking Trail, Skylights, Storage, Built-In Bookcase, Built-in Desk, Cable Available, Deck Covered, Deck Open, Eat-In Kitchen, Garage Door Opener, Kitchen Island, Open Floor Plan, Water Heater Gas, Washer Hook-Up
  • Common Amenities: Sidewalks
  • Driveway: Concrete
  • Exterior: Stone, Vinyl
  • Fence: Chain Link
  • Outbuilding: Shed
  • Platted: Yes
  • Pool: No
  • Roof Material: Asphalt, Shingle
Interior Features
  • Number of Dishwashers: 1
  • Number of Disposals: 1
  • Number of Dryers: 2
  • Number of Microwaves: 1
  • Number of Ranges/Ovens: 1
  • Number of Refrigerators: 1
  • Number of W/D Hookups: 1
  • Number of Washers: 1
  • Basement: No
  • Basement/Foundation: Crawl
  • Cooling: Central Air
  • Flooring: Laminate
  • Heating/Fuel: Gas, Forced Air
  • Stories: 1
  • Number of Above Grade Bedrooms: 3
  • Number of Below Grade Baths: 0
  • Number of Below Grade Bedrooms: 0
  • Total Number of Bedrooms: 3
  • Total Number of Full Baths: 1
  • Total Number of Half Baths: 1
  • Total Baths: 2
  • Number Total Rooms Below Grade: 0
  • Num Of 1 Bedrooms: 0
  • Num Of 2 Bedrooms: 0
  • Num Of 3 Bedrooms: 1
  • Num Of 4 Bedrooms: 0
Multi Family
Multi-Family Information
  • Num of Efficiencies: 0
  • Num of Units Rented: 0
  • Number of Units: 1
Income & Expenses Information
  • Annual Electric Expense: $1,060.00
  • Annual Fuel Expense: $586.00
  • Annual Gross Rent $: $47,780
  • Annual Insurance Expense: $1,847
  • Annual Maint. Expense: $6,380
  • Annual Misc: $1,772
  • Annual Net Income: $32,826
  • Annual Property Tax: $3,200
  • Annual Trash Expense: $30
  • Annual Water/Sewer Exp: $79
  • Gross Monthly Income: $3,982
  • Gross Monthly Rent: $3,981
Unit Information
Unit 1
  • Unit 1 SqFt: 1482
  • Unit 1-Num of Bathrooms: 2
  • Unit 1-Num of Bedrooms: 3
  • Unit 1-Num of Rooms: 6
  • Unit 1-Basement: No
  • Unit 1-Electric: Owner
  • Unit 1-Garage Type: Attached
  • Unit 1-Garage: Yes
  • Unit 1-Garage/Num of Cars: 1
  • Unit 1-Gas: Owner
  • Unit 1-Laundry Room: Bathroom
  • Unit 1-Level: Main
Rental
Rental Information
  • Lease Term: None
  • Owner Pays: Building Insurance, Electric, Fuel, Maintenance, Sewer, Tax, Trash Collection, Water
  • Tenant Pays: Other

Property History for 2505 Stanford Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2505 Stanford Avenue

Taxable ValueLand$28,500Additions$112,900Total$141,400
Tax Record2023$3,233 ($269 / month)
Home Facts
Beds3Baths1.5Total Finished SqFt1,482 SqFtAbove Grade Finished SqFt1,482 SqFtStories1Lot Size10,200 SqFtStyleSingle Family ResidenceYear Built1947CountyALLENAPN02-07-34-179-025.000-074

Schools near 2505 Stanford Avenue

This home is within Fort Wayne Community Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 12
Rating
School
Distance
Francis M Price Elementary School
PublicPK to 5

Northwood Middle School
Public6 to 8

North Side High School
Public9 to 12

Fort Wayne Virtual Academy
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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2505 Stanford Avenue is a multi-family home for sale in Fort Wayne, IN 46808. This property was listed for sale on August 26, 2024 by eXp Realty, LLC, it's currently listed at $275,000. It has been on the market for a total of 118 days and was last sold on June 21, 2019. This listing's school district is Fort Wayne Community Schools. Nearby schools include Francis M Price Elementary School, Northwood Middle School and North Side High School. 2505 Stanford Avenue is a 3-bed, 1.5-bath, 1,482 sqft multi-family home built in 1947.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of eXp Realty, LLC

Based on information from one of the following Multiple Listing Services: MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.