416 Archer Avenue

Fort Wayne, IN 46808

$209,900
Price
6
Beds
2
Baths
2,376 Sq. Ft.
$88 / Sq. Ft.
2,376
Sq. Ft.
$88
per Sq. Ft.

Description

Great income property located just off the Wells Street Corridor with walking access to shops, restaurants, Promenade Park and all that Downtown Fort Wayne has to offer. Both upstairs and downstairs units have 3 bedrooms, 1 full bath and a kitchen with refrigerator, range. The home features new carpet and fresh paint in both units as well as newer furnaces and AC units. Separate entrances for each unit with covered and enclosed staircase for upstairs apartment. Attached garage and spacious basement...Great income property located just off the Wells Street Corridor with walking access to shops, restaurants, Promenade Park and all that Downtown Fort Wayne has to offer. Both upstairs and downstairs units have 3 bedrooms, 1 full bath and a kitchen with refrigerator, range. The home features new carpet and fresh paint in both units as well as newer furnaces and AC units. Separate entrances for each unit with covered and enclosed staircase for upstairs apartment. Attached garage and spacious basement have been used as "owner's locker" and not included in rental of main floor apartment. All utilities are split for each unit with mechanicals located in the basement. Circuit breaker style electrical panels and blown insulation. On and off street parking provides convenient access. Tenants rights in main floor unit until October 31, 2025. Upstairs unit unoccupied. Showings anytime for upstairs unit. Main unit showings require 24 hours notice to tenant. Access after 5pm.
  1. Listed by Erin Poiry • Mike Thomas Assoc., Inc

Property Details for 416 Archer Avenue

Style
Two Story
Subdivision
Pfeiffer Place
Waterfront
No
Pet Restrictions
Yes

Location

Listing Courtesy of Mike Thomas Assoc., Inc
Add your commute
LISTING UPDATED: 06/08/2024 07:53 PM

Property Details for 416 Archer Avenue

StatusPending
MLS #202417225
Days on Market24
Taxes$2,387 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / Duplex
Year Built1900
Lot Size0.17 AC / 7,405 SF
CountyAllen County

Location

Listing Courtesy of Mike Thomas Assoc., Inc
Add your commute

Building Information for 416 Archer Avenue

Stories2Residences2Year Built1900Building Size-Lot Size0.17 AC / 7,405 SF

Payment Calculator

$1,344 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,146

Property Taxes

$199

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 416 Archer Avenue

Summary
Location and General Information
  • Area: Allen County
  • City: Fort Wayne
  • Zip Code: 46808
  • State: IN
  • Township: Wayne
  • Cross Street: Wells Street
  • Geo Latitude: 41
  • Geo Longitude: -85
  • Fips Code: 18003
  • Directions To Property: Wells Street north past Spring Street. Take left onto Archer Avenue. Home is on the right.
Taxes and HOA
  • Assoc Dues Frequency: Not Applicable
  • Year Taxes Payable: 2024
  • Parcel Number Id: 02-07-35-333-006.000-074
School Information
  • School District: Fort Wayne Community
  • Elementary: Franke Park
  • Middle School: Northwood
  • High School: North Side
Parking
  • Number Of Parking Spaces: 2
Property
Lot Information
  • Class: INVESTMENT
  • Property Subtype: Duplex
  • Approx Lot Size Acres: 0.17
  • Lot Dimensions: 143X9X44X149X48
  • Below Grade Unfin Sqft: 1220.0
  • Total Square Feet: 3596.0
  • Approx Lot Size Sqft: 7405.0
  • Above Grade Finished Sqft: 2376.0
  • Below Grade Finished Sqft: 0.0
  • Total Below Grade Sqft: 1220.0
  • Total Finished Sqft: 2376.0
  • Above Grade Unfin Sqft: 0.0
  • Lot Description: Level
Property and Assessments
  • New Construction: No
  • Year Built: 1900
  • Age: 124
  • Planned Unit Development: No
Green Features
  • Exemptions: No Exemptions
Utilities
  • Sewer: City
  • Water Utility: City
Interior and Exterior Features
Exterior Features
  • Amenities: Basement, Off Street Parking, Storage
  • Exterior: Vinyl
  • Outbuilding: None
  • Platted: Yes
  • Pool: No
Interior Features
  • 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: 2
  • Number of Washers: 0
  • Basement: Yes
  • Basement/Foundation: Unfinished
  • Cooling: Central Air
  • Flooring: Carpet, Laminate
  • Heating/Fuel: Gas, Forced Air
  • Stories: 2
  • Number of Above Grade Bedrooms: 6
  • Number of Below Grade Baths: 0
  • Number of Below Grade Bedrooms: 0
  • Total Number of Bedrooms: 6
  • 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: 0
  • Num Of 3 Bedrooms: 2
  • Num Of 4 Bedrooms: 0
Multi Family
Multi-Family Information
  • Num of Efficiencies: 0
  • Num of Units Rented: 1
  • Number of Units: 2
  • Restrictions: No
Income & Expenses Information
  • Annual Electric Expense: $.00
  • Annual Fuel Expense: $.00
  • Annual Gross Rent $: $19,200
  • Annual Insurance Expense: $0
  • Annual Maint. Expense: $0
  • Annual Misc: $0
  • Annual Net Income: $16,813
  • Annual Property Tax: $2,387
  • Annual Trash Expense: $0
  • Annual Water/Sewer Exp: $0
  • Gross Monthly Income: $1,600
  • Gross Monthly Rent: $1,600
Unit Information
Unit 1
  • Unit 1 SqFt: 1220
  • Unit 1-Num of Bathrooms: 1
  • Unit 1-Num of Bedrooms: 3
  • Unit 1-Num of Rooms: 6
  • Unit 1-Basement: Yes
  • Unit 1-Currently Rented: Yes
  • Unit 1-Garage Type: Attached
  • Unit 1-Garage: Yes
  • Unit 1-Garage/Num of Cars: 2
  • Unit 1-Laundry Room: Utility Room
  • Unit 1-Lease Exp Date: 10-31-2025
  • Unit 1-Level: Main
  • Unit 1-Rent Frequency: Monthly
  • Unit 1-Unit Number: 416
  • Unit 1-Unit Rent $: $850
Unit 2
  • Unit 2 SqFt: 1156
  • Unit 2-Num of Bathrooms: 1
  • Unit 2-Num of Bedrooms: 3
  • Unit 2-Num of Rooms: 6
  • Unit 2-Basement: No
  • Unit 2-Currently Rented: No
  • Unit 2-Garage: No
  • Unit 2-Laundry Room: Kitchen
  • Unit 2-Level: Upper
  • Unit 2-Rent Frequency: Monthly
  • Unit 2-Unit Number: 416.5
  • Unit 2-Unit Rent $: $750
Rental
Rental Information
  • Lease Term: 1 Year, Negotiable
  • Owner Pays: Other, Tax
  • Tenant Pays: Cooling, Electric, Heating, Sewer, Trash Collection, Water

Property History for 416 Archer Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 416 Archer Avenue

Taxable ValueLand$14,300Additions$90,100Total$104,400
Tax Record2023$2,387 ($199 / month)
Home Facts
Baths2Total Finished SqFt2,376 SqFtAbove Grade Finished SqFt2,376 SqFtStories2Lot Size7,500 SqFtStyleDuplexYear Built1900CountyALLENAPN02-07-35-333-006.000-074

Schools near 416 Archer Avenue

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
Franke Park Elementary School
PublicPK to 5

Northwood 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 Mike Thomas Assoc., 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.