1027 Lake Ave
Description
- Listed by Rachel Morgan-Hamilton • Beach Vibes Realty • rachelmh.realty@gmail.com
Property Details for 1027 Lake Avenue
Property Details for 1027 Lake Avenue
| Status | Active |
|---|---|
| MLS # | 202540713 |
| Days on Market | 83 |
| Taxes | $4,355 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Multi Family / Fourplex |
| Year Built | 1900 |
| Lot Size | 0.15 AC / 6,750 SF |
| County | Allen County |
Location
Building Information for 1027 Lake Avenue
Payment Calculator
$1,994 per month
30 year fixed, 6.28% Interest
$1,631
$363
$0
Property Information for 1027 Lake Avenue
- Area: Allen County
- City: Fort Wayne
- Zip + 4: 4388
- Zip Code: 46805
- State: IN
- Township: Wayne
- Geo Latitude: 41
- Geo Longitude: -85
- Road Access: City
- Fips Code: 18003
- Directions To Property: Saint Joseph Blvd to Columbia Ave to Oneida St to Lake Ave
- Location: City/Town/Suburb
- Assessed Value $: $190,500.00
- Assoc Dues Frequency: Not Applicable
- Year Taxes Payable: 2025
- Parcel Number Id: 02-12-01-135-020.000-074
- School District: Fort Wayne Community
- Elementary: Forest Park
- Middle School: Lakeside
- High School: North Side
- Number Of Parking Spaces: 4
- Parking: Gravel, Off Street
- Unbranded Virtual Tour: https://www.propertypanorama.com/instaview/irmls/202540713
- Class: INVESTMENT
- Property Subtype: Fourplex
- Approx Lot Size Acres: 0.16
- Lot Dimensions: 45X150
- Lot Number: 228
- Below Grade Unfin Sqft: 1126.0
- Total Square Feet: 3574.0
- Upper Level Sqft: 1224.0
- Approx Lot Size Sqft: 6750.0
- Above Grade Finished Sqft: 2448.0
- Below Grade Finished Sqft: 0.0
- Total Below Grade Sqft: 1126.0
- Total Finished Sqft: 2448.0
- Above Grade Unfin Sqft: 0.0
- Lot Description: Level
- Main Level Sqft: 1224.0
- New Construction: No
- Year Built: 1900
- Age: 125
- Planned Unit Development: No
- Electric Company: Indiana Michigan Power
- Gas Company: NIPSCO
- Sewer: City
- Water Company: Fort Wayne City Utilities
- Water Utility: City
- Amenities: Off Street Parking, Porch Open, Water Heater Gas
- Exterior: Aluminum, Shingle, Vinyl
- Outbuilding: None
- Platted: Yes
- Pool: No
- Road Surface: Paved
- Number of Electric Meters: 1
- Number of Gas Meters: 1
- Number of Dishwashers: 0
- Number of Disposals: 0
- Number of Dryers: 1
- Number of Microwaves: 0
- Number of Ranges/Ovens: 4
- Number of Refrigerators: 4
- Number of W/D Hookups: 1
- Number of Washers: 1
- Number Water Meters: 1
- Basement: Yes
- Basement/Foundation: Full Basement, Unfinished
- Cooling: None
- Flooring: Carpet, Laminate
- Heating/Fuel: Hot Water
- Stories: 3
- 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: 4
- Total Number of Half Baths: 0
- Total Baths: 4
- Number Total Rooms Below Grade: 0
- Num Of 1 Bedrooms: 4
- Num Of 2 Bedrooms: 0
- Num Of 3 Bedrooms: 0
- Num Of 4 Bedrooms: 0
- Num of Efficiencies: 0
- Num of Units Rented: 4
- Number of Units: 4
- Annual Electric Expense: $3,219.00
- Annual Fuel Expense: $1,325.00
- Annual Gross Rent $: $43,812
- Annual Insurance Expense: $1,576
- Annual Maint. Expense: $500
- Annual Misc: $0
- Annual Net Income: $30,637
- Annual Property Tax: $4,355
- Annual Trash Expense: $0
- Annual Water/Sewer Exp: $2,200
- Gross Monthly Income: $3,651
- Gross Monthly Rent: $3,651
- Unit 1-Num of Bathrooms: 1
- Unit 1-Num of Bedrooms: 1
- Unit 1-Num of Rooms: 2
- Unit 1-Currently Rented: Yes
- Unit 1-Deposit Amount: $900.00
- Unit 1-Electric: Owner
- Unit 1-Gas: Owner
- Unit 1-Level: Main
- Unit 1-Rent Frequency: Monthly
- Unit 1-Unit Number: 1
- Unit 1-Unit Rent $: $925
- Unit 2-Num of Bathrooms: 1
- Unit 2-Num of Bedrooms: 1
- Unit 2-Num of Rooms: 2
- Unit 2-Currently Rented: Yes
- Unit 2-Deposit Amount: $875.00
- Unit 2-Electric: Owner
- Unit 2-Gas: Owner
- Unit 2-Level: Main
- Unit 2-Rent Frequency: Monthly
- Unit 2-Unit Number: 2
- Unit 2-Unit Rent $: $891
- Unit 3-Num of Bathrooms: 1
- Unit 3-Num of Bedrooms: 1
- Unit 3-Num of Rooms: 2
- Unit 3-Currently Rented: Yes
- Unit 3-Deposit Amount: $875.00
- Unit 3-Electric: Owner
- Unit 3-Gas: Owner
- Unit 3-Level: Upper
- Unit 3-Rent Frequency: Monthly
- Unit 3-Unit Number: 3
- Unit 3-Unit Rent $: $891
- Unit 4-Num of Bedrooms: 1
- Unit 4-Num of Rooms: 2
- Unit 4-Currently Rented: Yes
- Unit 4-Deposit Amount: $944.00
- Unit 4-Electric: Owner
- Unit 4-Gas: Owner
- Unit 4-Level: Upper
- Unit 4-Rent Frequency: Monthly
- Unit 4-Unit Number: 4
- Unit 4-Unit Rent $: $944
- Lease Term: Month to Month
- Owner Pays: Electric, Fuel, Lawn Maintenance, Sewer, Water
- Tenant Pays: None
Property History for 1027 Lake Avenue
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Oct 8, 2025 | Listed (Active) Indiana Regional MLS #202540713 | $330,000 | — |
| Jul 14, 2023 | Sold (Public Record) Public Record #1516610365 | $184,000 | — |
| Jul 14, 2023 | Sold Indiana Regional MLS #202312558 | $184,000 | — |
| Jun 9, 2023 | Pending Indiana Regional MLS #202312558 | — | |
| Apr 24, 2023 | Price Change Indiana Regional MLS #202312558 | $209,900 | — |
| Apr 24, 2023 | Price Change Indiana Regional MLS #202312558 | $204,900 | — |
| Apr 24, 2023 | Listed (Active) Indiana Regional MLS #202312558 | $199,900 | — |
| Date | Event & Source | Price |
|---|---|---|
| 10/08/2025 | Listed (Active) Indiana Regional MLS #202540713 | $330,000 |
| 07/14/2023 | Sold (Public Record) Public Record #1516610365 | $184,000 |
| 07/14/2023 | Sold Indiana Regional MLS #202312558 | $184,000 |
| 06/09/2023 | Pending Indiana Regional MLS #202312558 | — |
| 04/24/2023 | Price Change Indiana Regional MLS #202312558 | $209,900 |
| 04/24/2023 | Price Change Indiana Regional MLS #202312558 | $204,900 |
| 04/24/2023 | Listed (Active) Indiana Regional MLS #202312558 | $199,900 |
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1027 Lake Avenue
Schools near 1027 Lake Avenue
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.
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Listing Courtesy of Beach Vibes Realty
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.