507 Madison Street

Fort Wayne, IN 46802

$160,000
Price
6
Beds
2
Baths
2,132 Sq. Ft.
$75 / Sq. Ft.
2,132
Sq. Ft.
$75
per Sq. Ft.

Description

This updated 2-story home, with over 2,000 sqft, offers versatility for living, house hacking, or converting into a duplex. Featuring 6 bedrooms, 2 full bathrooms, and an attached shed, it’s perfect for a large family or an investor. Updates include plaster flooring, fresh paint, new cabinets, and revamped bathrooms, kitchen, and basement. Conveniently located in downtown Fort Wayne near Indiana Tech. This property is currently rented to 2 separate tenants. Each with a 1 year lease. Each paying 1000.00...This updated 2-story home, with over 2,000 sqft, offers versatility for living, house hacking, or converting into a duplex. Featuring 6 bedrooms, 2 full bathrooms, and an attached shed, it’s perfect for a large family or an investor. Updates include plaster flooring, fresh paint, new cabinets, and revamped bathrooms, kitchen, and basement. Conveniently located in downtown Fort Wayne near Indiana Tech. This property is currently rented to 2 separate tenants. Each with a 1 year lease. Each paying 1000.00 a month.
  1. Listed by Tyler Dohner • CENTURY 21 Bradley Realty, Inc

Property Details for 507 Madison Street

Style
Two Story
Subdivision
Hanna(s)
Waterfront
No
LISTING UPDATED: 07/04/2024 12:32 AM

Property Details for 507 Madison Street

StatusActive
MLS #202424659
Days on Market125
Taxes$1,018 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Site-Built Home
Year Built1925
Lot Size0.10 AC / 4,356 SF
CountyAllen County

Building Information for 507 Madison Street

Stories-Year Built1925Building Size-Lot Size0.10 AC / 4,356 SF

Property Information for 507 Madison Street

Summary
Location and General Information
  • Area: Allen County
  • City: Fort Wayne
  • Zip Code: 46802
  • State: IN
  • Township: Wayne
  • Geo Latitude: 41
  • Geo Longitude: -85
  • Fips Code: 18003
  • Directions To Property: Turn right from E Jefferson blvd to Monroe St.
Taxes and HOA
  • Annual Taxes: $1,018
  • Assoc Dues Frequency: Not Applicable
  • Year Taxes Payable: 2023 / 2024
  • Parcel Number Id: 02-12-01-355-016.000-074
School Information
  • School District: Fort Wayne Community
  • Elementary: Forest Park
  • Middle School: Lakeside
  • High School: North Side
Parking
  • Garage: No
Property
Lot Information
  • Class: RESIDENTIAL
  • Property Subtype: Site-Built Home
  • Approx Lot Size Acres: 0.1
  • Lot Dimensions: 29 X 100
  • Below Grade Unfin Sqft: 0.0
  • Total Square Feet: 2132.0
  • Approx Lot Size Sqft: 4356.0
  • Above Grade Finished Sqft: 2132.0
  • Below Grade Finished Sqft: 0.0
  • Total Below Grade Sqft: 0.0
  • Total Finished Sqft: 2132.0
  • Above Grade Unfin Sqft: 0.0
  • Lot Description: Level
Property and Assessments
  • New Construction: No
  • Year Built: 1925
  • Age: 99
  • Planned Unit Development: No
Utilities
  • Electric Company: AEP/I&M
  • Gas Company: NIPSCO
  • Water Company: Fort Wayne City Utilities
  • Water Utility: City
  • Sewer: City
Interior and Exterior Features
Exterior Features
  • Exterior: Vinyl
  • Outbuilding 1: None
  • Platted: Yes
  • Pool: No
Interior Features
  • Basement Material: Stone
  • Basement: Yes
  • Basement/Foundation: Partial Basement, Unfinished
  • Cooling: Central Air
  • Fireplace: None
  • Fireplace: No
  • Heating/Fuel: Forced Air
  • Number of Above Grade Bedrooms: 6
  • Number of Below Grade Baths: 0
  • Number of Below Grade Bedrooms: 0
  • Number of Full Baths Below Grade: 0
  • Number of Full Baths Main: 1
  • Number of Full Baths Upper: 1
  • Number of Half Baths Below Grade: 0
  • Number of Half Baths Main: 0
  • Number of Half Baths Upper: 0
  • Number of Total Rooms: 8
  • Total Number of Bedrooms: 6
  • Total Number of Full Baths: 2
  • Total Number of Half Baths: 0
  • Total Baths: 2
  • Total Number of Rooms Below Grade: 0
Room
Room Information
  • 1st Bedroom Length: 22.0
  • 1st Bedroom Level: Main
  • 1st Bedroom Width: 22.0
  • 2nd Bedroom Length: 22.0
  • 2nd Bedroom Level: Main
  • 2nd Bedroom Width: 22.0
  • 3rd Bedroom Length: 22.0
  • 3rd Bedroom Level: Main
  • 3rd Bedroom Width: 20.0
  • 4th Bedroom Length: 20.0
  • 4th Bedroom Level: Main
  • 4th Bedroom Width: 20.0
  • 5th Bedroom Length: 20.0
  • 5th Bedroom Level: Main
  • 5th Bedroom Width: 20.0
  • Laundry Level: Main

Property History for 507 Madison Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 507 Madison Street

Taxable ValueLand$4,700Additions$37,700Total$42,400
Tax Record2023$969 ($81 / month)
Home Facts
Beds6Baths1.5Total Finished SqFt2,132 SqFtAbove Grade Finished SqFt2,132 SqFtStories2Lot Size4,500 SqFtStyleSingle Family ResidenceYear Built1925CountyALLENAPN02-12-01-355-016.000-074

Schools near 507 Madison Street

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 - 9 to 12
Rating
School
Distance
Forest Park Elementary School
PublicPK to 5

Lakeside Middle School
Public6 to 8

North Side High School
Public9 to 12

Anthis Career Center
Public9 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.

Similar Homes

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507 Madison Street is a single family home for sale in Fort Wayne, IN 46802. This property was listed for sale on July 3, 2024 by CENTURY 21 Bradley Realty, Inc, it's currently listed at $160,000. It has been on the market for a total of 125 days and was last sold on March 3, 2003. This listing's school district is Fort Wayne Community Schools. Nearby schools include Forest Park Elementary School, Lakeside Middle School and North Side High School. 507 Madison Street is a 6-bed, 2-bath, 2,132 sqft single family home built in 1925.

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 CENTURY 21 Bradley Realty, Inc

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.