624 Walnut Street

Fort Wayne, IN 46802

$150,000
Price
4
Beds
2
Baths
1,872 Sq. Ft.
$80 / Sq. Ft.
1,872
Sq. Ft.
$80
per Sq. Ft.

Description

Calling all Investors and House Hackers! Duplex with excellent potential that is in close proximity to Electric Works. Lower unit rented out with upper unit needing some fixes/improvements. Both units feature two bedrooms and one bathroom with good sized bedrooms and spacious kitchens. Good opportunity to get a return on your investment living in the upper unit while collecting rents from the lower unit to pay for your expenses. Lower unit lease is up at the end of November for the potential of rent...Calling all Investors and House Hackers! Duplex with excellent potential that is in close proximity to Electric Works. Lower unit rented out with upper unit needing some fixes/improvements. Both units feature two bedrooms and one bathroom with good sized bedrooms and spacious kitchens. Good opportunity to get a return on your investment living in the upper unit while collecting rents from the lower unit to pay for your expenses. Lower unit lease is up at the end of November for the potential of rent being increased. Water is billed out monthly with tenants paying their own electric. Management company in place for new owner to use if they choose to.
  1. Listed by Kathy Hutchins • CENTURY 21 Bradley Realty, Inc

Property Details for 624 Walnut Street

Style
Two Story
Subdivision
Fox(s)
Waterfront
No
Water Features
None
Pet Restrictions
Yes
LISTING UPDATED: 08/27/2024 03:09 PM

Property Details for 624 Walnut Street

StatusActive
MLS #202427318
Days on Market126
Taxes$4,062 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / Duplex
Year Built1900
Lot Size0.09 AC / 3,920 SF
CountyAllen County

Building Information for 624 Walnut Street

Stories2Residences2Year Built1900Building Size-Lot Size0.09 AC / 3,920 SF

Property Information for 624 Walnut Street

Summary
Location and General Information
  • Area: Allen County
  • City: Fort Wayne
  • Zip + 4: 5150
  • Zip Code: 46802
  • City Zoning: C1
  • State: IN
  • Township: Wayne
  • Cross Street: Fairfield
  • Geo Latitude: 41
  • Geo Longitude: -85
  • Inside City Limits: Yes
  • Fips Code: 18003
  • Directions To Property: Take Creighton to Fairfield. Turn left on to Walnut St. The house will be on the right side of the street.
  • Sea Wall Type: None
  • Location: City/Town/Suburb
Taxes and HOA
  • Assessed Value $: $90,200.00
  • Association Dues $: $.00
  • Assoc Dues Frequency: Not Applicable
  • Assoc Restrictions: No
  • Year Taxes Payable: 2024
  • Parcel Number Id: 02-12-11-327-014.000-074
School Information
  • School District: Fort Wayne Community
  • Elementary: Fairfield
  • Middle School: Kekionga
  • High School: South Side
Parking
  • Number Of Parking Spaces: 0
  • Parking: Street
Property
Lot Information
  • Class: INVESTMENT
  • Property Subtype: Duplex
  • Approx Lot Size Acres: 0.09
  • Lot Dimensions: 28X140
  • Lot Number: 1112
  • Below Grade Unfin Sqft: 792.0
  • Total Square Feet: 2664.0
  • Approx Lot Size Sqft: 3920.0
  • Above Grade Finished Sqft: 1872.0
  • Below Grade Finished Sqft: 0.0
  • Total Below Grade Sqft: 792.0
  • Total Finished Sqft: 1872.0
  • Above Grade Unfin Sqft: 0.0
  • Lot Description: Planned Unit Development
Property and Assessments
  • New Construction: No
  • Year Built: 1900
  • Age: 124
  • Documents Available: LBP Form, Sellers Disclosure
  • Planned Unit Development: No
Utilities
  • Electric Company: AEP/I&M
  • Gas Company: NIPSCO, None
  • Sewer: City
  • Water Company: Fort Wayne City Utilities
  • Water Utility: City
Interior and Exterior Features
Exterior Features
  • Amenities: Countertops-Laminate, Detector-Smoke, Eat-In Kitchen, Water Heater Electric
  • Driveway: None
  • Exterior: Brick, Masonry
  • Fence: None
  • Outbuilding: None
  • Platted: Yes
  • Pool: No
  • Roof Material: Asphalt
Interior Features
  • Number of Electric Meters: 1
  • Number of Gas Meters: 1
  • Number of Dishwashers: 0
  • Number of Disposals: 0
  • Number of Dryers: 0
  • Number of Microwaves: 0
  • Number of Ranges/Ovens: 2
  • Number of Refrigerators: 2
  • Number of W/D Hookups: 0
  • Number of Washers: 0
  • Number Water Meters: 1
  • Basement Material: Block
  • Basement: Yes
  • Basement/Foundation: Crawl, Partial Basement, Unfinished
  • Cooling: None
  • Flooring: Carpet, Laminate, Vinyl
  • Heating/Fuel: Electricity, Baseboard
  • Stories: 2
  • Number of Above Grade Bedrooms: 4
  • Number of Below Grade Baths: 0
  • Number of Below Grade Bedrooms: 0
  • Total Number of Bedrooms: 4
  • Total Number of Full Baths: 2
  • Total Number of Half Baths: 0
  • Total Baths: 2
  • Number Total Rooms Below Grade: 0
  • Num Of 1 Bedrooms: 0
  • Num Of 2 Bedrooms: 2
  • Num Of 3 Bedrooms: 0
  • Num Of 4 Bedrooms: 0
Multi Family
Multi-Family Information
  • Num of Efficiencies: 0
  • Num of Units Rented: 1
  • Number of Buildings: 1
  • Number of Units: 2
Income & Expenses Information
  • Annual Electric Expense: $.00
  • Annual Fuel Expense: $.00
  • Annual Gross Rent $: $8,580
  • Annual Insurance Expense: $3,919
  • Annual Maint. Expense: $100
  • Annual Misc: $550
  • Annual Net Income: $-721
  • Annual Property Tax: $4,062
  • Annual Trash Expense: $0
  • Annual Water/Sewer Exp: $670
  • Gross Monthly Income: $715
  • Gross Monthly Rent: $715
Unit Information
Unit 1
  • Unit 1-Num of Bathrooms: 1
  • Unit 1-Num of Bedrooms: 2
  • Unit 1-Num of Rooms: 4
  • Unit 1-Basement: Yes
  • Unit 1-Currently Rented: Yes
  • Unit 1-Deposit Amount: $600.00
  • Unit 1-Electric: Tenant
  • Unit 1-Garage: No
  • Unit 1-Gas: None
  • Unit 1-Lease Exp Date: 11-30-2024
  • Unit 1-Unit Number: 624
  • Unit 1-Unit Rent $: $715
Unit 2
  • Unit 2-Num of Bathrooms: 1
  • Unit 2-Num of Bedrooms: 2
  • Unit 2-Num of Rooms: 4
  • Unit 2-Basement: No
  • Unit 2-Currently Rented: No
  • Unit 2-Electric: Tenant
  • Unit 2-Garage: No
  • Unit 2-Gas: None
  • Unit 2-Level: Upper
  • Unit 2-Unit Number: 1/2
Rental
Rental Information
  • Lease Term: 1 Year
  • Owner Pays: Sewer, Trash Collection, Water
  • Tenant Pays: Electric

Property History for 624 Walnut 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 624 Walnut Street

Taxable ValueLand$14,500Additions$75,700Total$90,200
Tax Record2023$2,062 ($172 / month)
Home Facts
Baths2Total Finished SqFt1,872 SqFtAbove Grade Finished SqFt1,872 SqFtStories2Lot Size3,920 SqFtStyleDuplexYear Built1900CountyALLENAPN02-12-11-327-014.000-074

Schools near 624 Walnut 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 - K to 12
Rating
School
Distance
Fairfield Elementary School
PublicPK to 5

Kekionga Middle School
Public6 to 8

South 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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624 Walnut Street is a multi-family home for sale in Fort Wayne, IN 46802. This property was listed for sale on July 22, 2024 by CENTURY 21 Bradley Realty, Inc, it's currently listed at $150,000. It has been on the market for a total of 126 days and was last sold on June 30, 2021. This listing's school district is Fort Wayne Community Schools. Nearby schools include Fairfield Elementary School, Kekionga Middle School and South Side High School. 624 Walnut Street is a 4-bed, 2-bath, 1,872 sqft multi-family home built in 1900.

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.