738 3rd Street

Sold 8/29/17

Last Sold Price

$90,000

5 beds4 baths2,868 sqft$31/sqft

738 3rd St, Fort Wayne, IN 46808

Description

Great 4 plex for the investor. 3-1 bedroom, 1-2 bedroom, all have 1 bath. 4 separate amp boxes, and a separate electrical box for the furnace and basement light. Tenants pay their own electrical bills, owner pays water/trash and gas bill. Tenants do not have access to the basement, however the access to the basement is through Apt #3. Vinyl siding, soffits, new sidewalks, in 2006. The water heater is newer. All of the units are rented. Many updates have just been made for the new owners: New tear-off...Great 4 plex for the investor. 3-1 bedroom, 1-2 bedroom, all have 1 bath. 4 separate amp boxes, and a separate electrical box for the furnace and basement light. Tenants pay their own electrical bills, owner pays water/trash and gas bill. Tenants do not have access to the basement, however the access to the basement is through Apt #3. Vinyl siding, soffits, new sidewalks, in 2006. The water heater is newer. All of the units are rented. Many updates have just been made for the new owners: New tear-off roof , downspout improvement, basement upgrading, new furnace to be installed. These items cost approximately $20,000 that the new owner will enjoy the benefits.

LISTING CLOSED: 08/29/2017 12:00 AM

Listed by Mary Campbell • RE/MAX Results

Property Details for 738 3rd Street

Status

Sold

MLS #

201723463

Days on Market

Taxes

$903 / year

HOA Fees

Condo/Co-op Fees

Property Type

Multi Family

MLS Type

Multi Family / Fourplex

Year Built

1910

Lot Size

0.15 AC / 6,534 SF

County

Allen County

Style

Two Story

Architectural Style

Converted House

Waterfront

Pet Restrictions

Yes

Recent comparable sales

Median sold price

$275,000

Avg days on market

Sale-to-list ratio

96.4%

1/22

$330,000

Sold 01/30/26

5
Bedrooms: 4
Bathrooms: 3,164
Square Feet: 0.17
Acres

1011 West Wayne Street, Fort Wayne, IN 46802

1/37

$306,000

Sold 09/22/25

5
Bedrooms: 4
Bathrooms: 3,198
Square Feet: 0.16
Acres

1236 Runnion Avenue, Fort Wayne, IN 46808

1/15

$75,000

Sold 06/15/26

4
Bedrooms: 4
Bathrooms: 2,456
Square Feet: 0.12
Acres

324 West Butler Street, Fort Wayne, IN 46802

1/17

$111,000

Sold 04/11/25

6
Bedrooms: 4
Bathrooms: 3,040
Square Feet: 0.22
Acres

930 Lincoln Avenue, Fort Wayne, IN 46807

1/2

$464,900

Sold 06/24/25

5
Bedrooms: 4
Bathrooms: 3,529
Square Feet: 17
Acres

910 West Wayne Street, Fort Wayne, IN 46802

1/37

$220,000

Sold 11/01/24

5
Bedrooms: 3
Bathrooms: 2,922
Square Feet: 0.13
Acres

1301 Oakland Street, Fort Wayne, IN 46808

1/24

$275,000

Sold 10/14/24

4
Bedrooms: 4
Bathrooms: 2,660
Square Feet: 0.14
Acres

1240 West Washington Boulevard, Fort Wayne, IN 46802

1/18

$212,000

Sold 04/13/26

5
Bedrooms: 3
Bathrooms: 2,882
Square Feet: 0.11
Acres

919 Parkview Avenue, Fort Wayne, IN 46802

1/33

$410,000

Sold 11/15/24

5
Bedrooms: 5
Bathrooms: 2,661
Square Feet: 0.15
Acres

1109 Edgewater Avenue, Fort Wayne, IN 46805

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Building Information for 738 3rd Street

Stories2Residences4Year Built1910Building Size-Lot Size0.15 AC / 6,534 SF

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$533 per month

30 year fixed, 6.55% Interest

Principal and Interest

$457

Property Taxes

$75

HOA Dues

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Property Information for 738 3rd Street

Summary

Location and General Information

Area: Allen County
City: Fort Wayne

Zip Code: 46808
State: IN
Township: Wayne
Cross Street: Sherman
Fips Code: 18003
Directions To Property: From N. Wells turn west onto 3rd Street
Location: City/Town/Suburb

Taxes and HOA

Assessed Value $: $946.00
Association Dues $: $.00

Assoc Dues Frequency: Not Applicable
Year Taxes Payable: 2017
Parcel Number Id: 02-12-02-105-023.000-074

School Information

School District: Fort Wayne Community
Elementary: Bloomingdale

Middle School: Northwood
High School: North Side

Parking

Number Of Parking Spaces: 4
Parking: Gravel, Lot, Off Street, Private

Virtual Tour

Unbranded Virtual Tour: http://www.propertypanorama.com/instaview/irmls/201723463

Property

Lot Information

Class: INVESTMENT
Property Subtype: Fourplex

Approx Lot Size Acres: 0.15
Lot Dimensions: 43 X 161
Lot Number: 21
Below Grade Unfin Sqft: 692.0
Total Square Feet: 3560.0
Approx Lot Size Sqft: 6534.0
Above Grade Finished Sqft: 2868.0
Below Grade Finished Sqft: 0.0
Total Below Grade Sqft: 692.0
Total Finished Sqft: 2868.0
Above Grade Unfin Sqft: 0.0
Lot Description: Level

Property and Assessments

New Construction: No
Year Built: 1910

Age: 107
Documents Available: Income/Expenses
Government Subsidized: No
Planned Unit Development: No

Green Features

Energy Efficient: Doors, Insulation

Utilities

Sewer: City
Water Utility: City

Interior and Exterior Features

Exterior Features

Amenities: Basement, Ceiling Fan, Fenced Yard, Off Street Parking, Cable Available, Cable Ready, Closet(s) Walk-in, Countertops-Laminate, Detector-Carbon Monoxide, Detector-Smoke, Eat-In Kitchen, Pantry-Walk In, Porch Covered, Porch Open, Storm Windows, Water Heater Gas
Common Amenities: Sidewalks

Exterior: Ext. Insulated, Vinyl
Fence: Chain Link
Outbuilding: None
Platted: Yes
Pool: No
Road Surface: Paved
Roof Material: Asphalt

Interior Features

Number of Electric Meters: 5
Number of Gas Meters: 5

Number of Dishwashers: 0
Number of Disposals: 0
Number of Dryers: 0
Number of Microwaves: 0
Number of Ranges/Ovens: 4
Number of Refrigerators: 4
Number of W/D Hookups: 0
Number of Washers: 0
Number Water Meters: 1
Basement Material: Poured Concrete, Stone
Basement: Yes
Basement/Foundation: Crawl, Partially Finished, Unfinished
Cooling: Window, Multiple Cooling Units
Flooring: Carpet, Ceramic Tile, Laminate
Heating/Fuel: Gas, Forced Air
HVAC: Ceiling Fan
Stories: 2
Number of Above Grade Bedrooms: 5
Number of Below Grade Baths: 0
Number of Below Grade Bedrooms: 0
Total Number of Bedrooms: 5
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: 3
Num Of 2 Bedrooms: 1
Num Of 3 Bedrooms: 0
Num Of 4 Bedrooms: 0

Multi Family

Multi-Family Information

Number of People Allowed: 2
Num of Efficiencies: 0

Num of Units Rented: 4
Number of Buildings: 1
Number of Units: 4

Income & Expenses Information

Annual Electric Expense: $191.00
Annual Fuel Expense: $1,698.00

Annual Gross Rent $: $16,560
Annual Insurance Expense: $410
Annual Maint. Expense: $125
Annual Misc: $0
Annual Net Income: $11,664
Annual Property Tax: $903
Annual Trash Expense: $239
Annual Water/Sewer Exp: $1,330
Gross Monthly Income: $1,380
Gross Monthly Rent: $1,380

Unit Information

Unit 1

Unit 1-Num of Bathrooms: 1
Unit 1-Num of Bedrooms: 1

Unit 1-Num of Rooms: 3
Unit 1-Basement: No
Unit 1-Currently Rented: Yes
Unit 1-Deposit Amount: $345.00
Unit 1-Garage Type: None
Unit 1-Garage: No
Unit 1-Lease Exp Date: 06-30-2017
Unit 1-Level: Lower
Unit 1-Rent Frequency: Monthly
Unit 1-Unit Number: 1
Unit 1-Unit Rent $: $345

Unit 2

Unit 2-Num of Bathrooms: 1
Unit 2-Num of Bedrooms: 1

Unit 2-Num of Rooms: 3
Unit 2-Basement: No
Unit 2-Currently Rented: Yes
Unit 2-Deposit Amount: $345.00
Unit 2-Garage: No
Unit 2-Lease Exp Date: 06-30-2017
Unit 2-Level: Upper
Unit 2-Rent Frequency: Monthly
Unit 2-Unit Number: 2
Unit 2-Unit Rent $: $345

Unit 3

Unit 3-Num of Bathrooms: 1
Unit 3-Num of Bedrooms: 1

Unit 3-Num of Rooms: 3
Unit 3-Basement: No
Unit 3-Currently Rented: Yes
Unit 3-Deposit Amount: $345.00
Unit 3-Garage: No
Unit 3-Lease Exp. Date: 12-15-2017
Unit 3-Level: Lower
Unit 3-Rent Frequency: Monthly
Unit 3-Unit Number: 3
Unit 3-Unit Rent $: $345

Unit 4

Unit 4-Num of Bathrooms: 1
Unit 4-Num of Bedrooms: 2

Unit 4-Num of Rooms: 4
Unit 4-Basement: No
Unit 4-Currently Rented: Yes
Unit 4-Deposit Amount: $345.00
Unit 4-Garage: No
Unit 4-Lease Exp Date: 06-30-2017
Unit 4-Level: Upper
Unit 4-Rent Frequency: Monthly
Unit 4-Unit Number: 4
Unit 4-Unit Rent $: $345

Rental

Rental Information

Enrgy Efficient Win/Doors: Insulated Doors, Storm Windows
Lease Term: Month to Month, 6 Months

Owner Pays: Building Insurance, Heating, Lawn Maintenance, Maintenance, Sewer, Snow Removal, Tax, Trash Collection, Water
Tenant Pays: Cable, Cooling, Electric, Fuel

Property History for 738 3rd Street

Date	Event & Source	Price	Appreciation
Aug 29, 2017	Sold (Public Record) Public Record #1269309380	$90,000	—
Aug 29, 2017	Sold Indiana Regional MLS #201723463	$90,000	—
Jul 31, 2017	Pending Indiana Regional MLS #201723463		—
May 25, 2017	Listed (Active) Indiana Regional MLS #201723463	$92,000	—
Dec 8, 2016	Expired Indiana Regional MLS #201641710		—
Sep 7, 2016	Listed (Active) Indiana Regional MLS #201641710	$75,000	—
Sep 2, 2016	Expired Indiana Regional MLS #201603718		—
Feb 1, 2016	Expired Indiana Regional MLS #201541011		—
Feb 1, 2016	Listed (Active) Indiana Regional MLS #201603718	$77,500	—
Aug 26, 2015	Listed (Active) Indiana Regional MLS #201541011	$88,500	—

Date	Event & Source	Price
08/29/2017	Sold (Public Record) Public Record #1269309380	$90,000
08/29/2017	Sold Indiana Regional MLS #201723463	$90,000
07/31/2017	Pending Indiana Regional MLS #201723463	—
05/25/2017	Listed (Active) Indiana Regional MLS #201723463	$92,000
12/08/2016	Expired Indiana Regional MLS #201641710	—
09/07/2016	Listed (Active) Indiana Regional MLS #201641710	$75,000
09/02/2016	Expired Indiana Regional MLS #201603718	—
02/01/2016	Expired Indiana Regional MLS #201541011	—
02/01/2016	Listed (Active) Indiana Regional MLS #201603718	$77,500
08/26/2015	Listed (Active) Indiana Regional MLS #201541011	$88,500

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

Public Records for 738 3rd Street

Taxable ValueLand$17,400Additions$167,900Total$185,300

Tax Record2024$3,400 ($283 / month)

Home Facts

Baths4Total Finished SqFt2,650 SqFtAbove Grade Finished SqFt2,650 SqFtStories2Lot Size6,923 SqFtStyleMulti-Family Dwelling (2-4)Year Built1910CountyALLENAPN02-12-02-105-023.000-074

Schools near 738 3rd Street

This home is within Fort Wayne Community Schools.


Rating	School	Type	Grades	Distance
4/10	Bloomingdale Elementary School	Public - Serves this home	PK to 5	0.2 mi
5/10	Lakeside Middle School	Public - Serves this home	6 to 8	2.2 mi
2/10	North Side High School	Public - Serves this home	9 to 12	1.1 mi
3/10	Fort Wayne Virtual Academy	Public - Nearby school	K to 12	1.1 mi
NR	Amp Lab at Electric Works	Public - Nearby school	11 to 12	1.2 mi
NR	Anthis Career Center	Public - Nearby school	6 to 12	1.2 mi
NR	Most Precious Blood Catholic School	Private - Nearby school	PK to 8	0.1 mi
NR	St. John Lutheran School	Private - Nearby school	K to 8	0.8 mi
NR	Queen Of Angels Catholic School	Private - Nearby school	PK to 8	0.8 mi


Rating	School	Distance
4/10	Bloomingdale Elementary School PublicPK to 5 Serves this home	0.2 mi
5/10	Lakeside Middle School Public6 to 8 Serves this home	2.2 mi
2/10	North Side High School Public9 to 12 Serves this home	1.1 mi
3/10	Fort Wayne Virtual Academy PublicK to 12 Nearby school	1.1 mi
NR	Amp Lab at Electric Works Public11 to 12 Nearby school	1.2 mi
NR	Anthis Career Center Public6 to 12 Nearby school	1.2 mi
NR	Most Precious Blood Catholic School PrivatePK to 8 Nearby school	0.1 mi
NR	St. John Lutheran School PrivateK to 8 Nearby school	0.8 mi
NR	Queen Of Angels Catholic School PrivatePK to 8 Nearby school	0.8 mi

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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Nearby home values

Address	Sold price	Beds	Baths	Sqft	Lot (Sqft)
This home: 738 3rd Street, Fort Wayne, IN 46808	$90,000	5	4	2,868	6,534
802 3rd Street, Fort Wayne, IN 46808	$20,000	2	3	1,078	6,923
734 3rd Street, Fort Wayne, IN 46808	$49,000	4	2	1,386	6,922
808 3rd Street, Fort Wayne, IN 46808	$131,000	4	1	1,680	6,922
730 3rd Street, Fort Wayne, IN 46808	$70,000	5	1	1,656	6,923
801 3rd Street, Fort Wayne, IN 46808	$33,000	3	1	1,530	7,084
803 3rd Street, Fort Wayne, IN 46808	–	3	1	1,392	3,542
730 West 3rd, Fort Wayne, IN 46808	$35,000	4	1	1,656	0
812 3rd Street, Fort Wayne, IN 46808	$145,000	5	1	2,542	6,923
737 3rd Street, Fort Wayne, IN 46808	$119,900	4	2	2,118	6,970
724 3rd Street, Fort Wayne, IN 46808	$25,000	3	1	1,532	6,922
729 3rd Street, Fort Wayne, IN 46808	$60,000	2	1	640	6,923
807 3rd Street, Fort Wayne, IN 46808	$56,000	4	1	1,824	6,923
816 3rd Street, Fort Wayne, IN 46808	$17,500	3	2	1,168	6,923
722 3rd Street, Fort Wayne, IN 46808	$175,900	4	1	1,855	6,923
727-729 3rd Street, Fort Wayne, IN 46808	$60,000	3	2	1,400	6,970

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Listing Courtesy of RE/MAX Results

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.

Fort Wayne, IN

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