2515 Freeman Street

Fort Wayne, IN 46802

$198,000
Price
2
Beds
1
Bath
1,200 Sq. Ft.
$165 / Sq. Ft.
1,200
Sq. Ft.
$165
per Sq. Ft.

Description

Fully renovated - this excellent income producing property sits on .50 of an acre and is in the prime location of Fort Wayne near Jefferson Point Mall. This is a turnkey investment for the savvy investor. Long term renters in place and under lease until March 2027. Price reflects turn key investment, income producing property. No in person showings until an offer is accepted, contigent on a walk thru. A great opportunity to own a home in town but not have a neighbor right on top of you! New in 2023:...Fully renovated - this excellent income producing property sits on .50 of an acre and is in the prime location of Fort Wayne near Jefferson Point Mall. This is a turnkey investment for the savvy investor. Long term renters in place and under lease until March 2027. Price reflects turn key investment, income producing property. No in person showings until an offer is accepted, contigent on a walk thru. A great opportunity to own a home in town but not have a neighbor right on top of you! New in 2023: flooring, lace ceilings, paint (walls, ceilings and all trim), matching custom soft close cabinets in kitchen and bathroom, matching granite counters in kitchen and bathroom, double ss sink, disposer, french door fridge, gourmet stove, dishwasher, LED ceiling can-less lights, closet concepts in 3 closets, shower, plumbing (pex and copper), new trex decking and garage door opener and springs. New in 2024: High efficiency furnace. This property is agent owned and is being sold AS IS. Taxes do not reflect exemptions. Freestanding fence panel sections are not affixed to the ground and are easily removed/relocated. They are not included in the sale of the home, but seller MAY be willing to sell all or a portion of them.
  1. Listed by Zonetta Balfanz • eXp Realty, LLC

Property Details for 2515 Freeman Street

Style
One Story
Subdivision
None
Waterfront
No
Pet Restrictions
No

Location

Listing Courtesy of eXp Realty, LLC
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LISTING UPDATED: 04/30/2024 07:28 PM

Property Details for 2515 Freeman Street

StatusActive
MLS #202413584
Days on Market23
Taxes$1,300 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / Other
Year Built1940
Lot Size0.51 AC / 22,008 SF
CountyAllen County

Location

Listing Courtesy of eXp Realty, LLC
Add your commute

Building Information for 2515 Freeman Street

Stories1Residences1Year Built1940Building Size-Lot Size0.51 AC / 22,008 SF

Payment Calculator

$1,189 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,081

Property Taxes

$108

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2515 Freeman 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: Jefferson Blvd West to Freeman St turn left. Take to address. Property is 3 houses in from Covington Rd and Freeman St.
Taxes and HOA
  • Association Dues $: $.00
  • Assoc Dues Frequency: Not Applicable
  • Assoc Restrictions: No
  • Year Taxes Payable: 2024
  • Parcel Number Id: 02-12-09-457-004.000-074
School Information
  • School District: Fort Wayne Community
  • Elementary: Lindley
  • Middle School: Portage
  • High School: Wayne
Parking
  • Number Of Parking Spaces: 4
Property
Lot Information
  • Class: INVESTMENT
  • Property Subtype: Other
  • Approx Lot Size Acres: 0.51
  • Lot Dimensions: 168X131
  • Below Grade Unfin Sqft: 0.0
  • Total Square Feet: 1200.0
  • Approx Lot Size Sqft: 22008.0
  • Above Grade Finished Sqft: 1200.0
  • Below Grade Finished Sqft: 0.0
  • Total Below Grade Sqft: 0.0
  • Total Finished Sqft: 1200.0
  • Above Grade Unfin Sqft: 0.0
  • Lot Description: Flood Plain
Property and Assessments
  • New Construction: No
  • Year Built: 1940
  • Age: 84
  • Planned Unit Development: No
Utilities
  • Sewer: Public
  • Water Utility: Public
Interior and Exterior Features
Exterior Features
  • Amenities: Washer Hook-Up
  • Exterior: Vinyl
  • Outbuilding: None
  • Platted: Yes
  • Pool: No
Interior Features
  • Number of Dishwashers: 1
  • Number of Disposals: 1
  • Number of Dryers: 0
  • Number of Microwaves: 0
  • Number of Ranges/Ovens: 1
  • Number of Refrigerators: 1
  • Number of W/D Hookups: 1
  • Number of Washers: 0
  • Basement: No
  • Basement/Foundation: Crawl
  • Cooling: Central Air
  • Flooring: Vinyl
  • Heating/Fuel: Forced Air
  • Stories: 1
  • Number of Above Grade Bedrooms: 2
  • Number of Below Grade Baths: 0
  • Number of Below Grade Bedrooms: 0
  • Total Number of Bedrooms: 2
  • Total Number of Full Baths: 1
  • Total Number of Half Baths: 0
  • Total Baths: 1
  • Number Total Rooms Below Grade: 0
  • Num Of 1 Bedrooms: 0
  • 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: 1
  • Number of Units: 1
Income & Expenses Information
  • Annual Electric Expense: $.00
  • Annual Fuel Expense: $.00
  • Annual Gross Rent $: $15,900
  • Annual Insurance Expense: $695
  • Annual Maint. Expense: $0
  • Annual Misc: $0
  • Annual Net Income: $13,905
  • Annual Property Tax: $1,300
  • Annual Trash Expense: $0
  • Annual Water/Sewer Exp: $0
  • Gross Monthly Income: $1,325
  • Gross Monthly Rent: $1,325
Unit Information
Unit 1
  • Unit 1 SqFt: 1200
  • Unit 1-Num of Bathrooms: 1
  • Unit 1-Num of Bedrooms: 2
  • Unit 1-Basement: No
  • Unit 1-Currently Rented: Yes
  • Unit 1-Deposit Amount: $1,325.00
  • Unit 1-Electric: Tenant
  • Unit 1-Garage Type: Detached
  • Unit 1-Garage: Yes
  • Unit 1-Garage/Num of Cars: 1
  • Unit 1-Gas: Tenant
  • Unit 1-Laundry Room: Utility Room
  • Unit 1-Lease Exp Date: 03-31-2027
  • Unit 1-Rent Frequency: Monthly
  • Unit 1-Unit Rent $: $1,325
Rental
Rental Information
  • Lease Term: 3 or More Years
  • Owner Pays: Building Insurance, Tax
  • Tenant Pays: Cable, Cooling, Electric, Heating, Lawn Maintenance, Maintenance, Sewer, Snow Removal, Trash Collection, Water

Property History for 2515 Freeman 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 2515 Freeman Street

Taxable ValueLand$6,100Additions$54,700Total$60,800
Tax Record2023$1,395 ($116 / month)
Home Facts
Beds2Baths1Total Finished SqFt1,200 SqFtAbove Grade Finished SqFt1,200 SqFtStories1Lot Size22,008 SqFtStyleSingle Family ResidenceYear Built1940CountyALLENAPN02-12-09-457-004.000-074

Schools near 2515 Freeman 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
Lindley Elementary School
PublicPK to 5

Portage Middle School
Public6 to 8

Wayne 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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2515 Freeman Street is a multi-family home for sale in Fort Wayne, IN 46802. This property was listed for sale on April 22, 2024 by eXp Realty, LLC, it's currently listed at $198,000. It has been on the market for a total of 23 days and was last sold on March 24, 2022. This listing's school district is Fort Wayne Community Schools. Nearby schools include Lindley Elementary School, Portage Middle School and Wayne High School. 2515 Freeman Street is a 2-bed, 1-bath, 1,200 sqft multi-family home built in 1940.

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. 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.