Multi-family (Duplex - Fourplex) Property for sale: $125,000 MLS# 2804696 7531 Lima Rd , Fort Wayne 46818 IN

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Property Details

$125,000 (Originally $150,000)
MLS: 2804696
2 bed, 2 bath, 1040 sq. ft.

7531 Lima Rd , Fort Wayne 46818 | 64 year old, 1 story, 0 acre

****commercial Potential**** Additional Lots Available.this Duplex Has Been Very Well Maintained. Newer Roof, Vinyl Windows,carpet,vinyl Siding,and Bath Fixtures. Dual Gas Forced Air Furnaces And Separate Electrical Meters.

Amenities
Rec. Room

Active, Listed 4/6/2008

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Property Details

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Property/General Information
Acres	0	Age	64
Area	30	Basement Unit 1	NO
Bathrooms	2	Bedrooms	2
Below Grd Fnshd SQFT	0	City	Fort Wayne
County	Allen	Date Completed
Fireplace	NO	Flooring	CARP,VINY
Foyer	NO	Full Bathrooms	2
Half Bathrooms	0	Listing Price	125000
Lot Description	LEVL	Lot Dimensions	66 x 159
Lot Measurement	A	Lot Number	3
Lot Size Source	A	Lot Square Footage	0
Multiple Listing Number	2804696	New	NO
No. of 1-Bedrooms	2	No. of 2-Bedrooms	0
No. of 3-Bedrooms	0	No. of 4-Bedrooms	0
No. of Efficiencies	0	No. of Units Rented	2
Number of Buildings	1	Number of Units	2
Original Price	150000	Possible Bedrooms	0
Price Per Acre	0	Price Per Square Foot	120.19
Property Subtype 1	DUPL	Property Subtype 2
Property Subtype 3		Property Type	MULT
Quarter Bathrooms	0	Region	0
School Bus Route 1		School Bus Route 2
School Bus Route 3		School Bus Route 4
School District	Fort Wayne Community	School Name 1	Washington Center
School Name 2	Shawnee	School Name 3	Northrop
School Name 4		School Type 1	ELEM
School Type 2	JRHG	School Type 3	SRHG
School Type 4		Section	0
Section Number	10	Show Address To Public	1
Square Footage	1040	Square Footage Source
State	IN	Street Name	Lima
Street Number	7531	Street Suffix	Rd
Subdivision	Grahams Wayside	Three Quarter Bathrooms	0
Town	Fort Wayne	Township
Township	Washington	Year Built	0
Year Built	1945	ZIP	46818
Zip Code	46818	Zip Plus 4
Zoning	R1

Property/General Information
Acres	0	Age	64
Area	30	Basement Unit 1	NO
Bathrooms	2	Bedrooms	2
Below Grd Fnshd SQFT	0	City	Fort Wayne
County	Allen	Date Completed
Fireplace	NO	Flooring	CARP,VINY
Foyer	NO	Full Bathrooms	2
Half Bathrooms	0	Listing Price	125000
Lot Description	LEVL	Lot Dimensions	66 x 159
Lot Measurement	A	Lot Number	3
Lot Size Source	A	Lot Square Footage	0
Multiple Listing Number	2804696	New	NO
No. of 1-Bedrooms	2	No. of 2-Bedrooms	0
No. of 3-Bedrooms	0	No. of 4-Bedrooms	0
No. of Efficiencies	0	No. of Units Rented	2
Number of Buildings	1	Number of Units	2
Original Price	150000	Possible Bedrooms	0
Price Per Acre	0	Price Per Square Foot	120.19
Property Subtype 1	DUPL	Property Subtype 2
Property Subtype 3		Property Type	MULT
Quarter Bathrooms	0	Region	0
School Bus Route 1		School Bus Route 2
School Bus Route 3		School Bus Route 4
School District	Fort Wayne Community	School Name 1	Washington Center
School Name 2	Shawnee	School Name 3	Northrop
School Name 4		School Type 1	ELEM
School Type 2	JRHG	School Type 3	SRHG
School Type 4		Section	0
Section Number	10	Show Address To Public	1
Square Footage	1040	Square Footage Source
State	IN	Street Name	Lima
Street Number	7531	Street Suffix	Rd
Subdivision	Grahams Wayside	Three Quarter Bathrooms	0
Town	Fort Wayne	Township
Township	Washington	Year Built	0
Year Built	1945	ZIP	46818
Zip Code	46818	Zip Plus 4
Zoning	R1
Structure
Basement	NO	Foundation	CRWL
Stories	1	Style	50
Total Below Grd SQFT	0
Exterior
Deck	NO	Deck Dim
DeckDim Area	0	DeckDim Dim	0 x 0
DeckDim Len	0	DeckDim Wid	0
Exterior	VNL	Fenced Yard	NO
Outbuilding	NONE	Outbuilding Dim
OutbuildingDim Area	0	OutbuildingDim Dim	0 x 0
OutbuildingDim Len	0	OutbuildingDim Wid	0
Patio	NO	Patio Dim	0x0
PatioDim Area	0	PatioDim Dim	0 x 0
PatioDim Len	0	PatioDim Wid	0
Porch	NO	Porch Dim
PorchDim Area	0	PorchDim Dim	0 x 0
PorchDim Len	0	PorchDim Wid	0
Utility Shed	NO
Garage/Parking
Driveway		Garage	YES
Garage Dimensions	22x20	Garage Sq Ft	0
Garage Type	ATTD	Garage/No. of Cars	2
GarageDimensions Area	440	GarageDimensions Dim	22 x 20
GarageDimensions Len	22	GarageDimensions Wid	20
Off Street Parking	YES	Unit 1 Garage	YES
Unit 2 Garage	YES	Unit 3 Garage
Unit 4 Garage		Unit 5 Garage
Living Area
Unit 1 # of Bedrooms	1	Unit 1 # of Rooms	3
Unit 1 Electric		Unit 1 Gas
Unit 1 Level	MAIN	Unit 1 Number	1
Unit 2 # of Bedrooms	1	Unit 2 # of Rooms	3
Unit 2 Basement	NO	Unit 2 Electric
Unit 2 Gas		Unit 2 Level	MAIN
Unit 2 Number	2	Unit 3 # of Bedrooms	0
Unit 3 # of Rooms	0	Unit 3 Basement
Unit 3 Electric		Unit 3 Gas
Unit 3 Level		Unit 3 Number	0
Unit 4 # of Bedrooms	0	Unit 4 # of Rooms	0
Unit 4 Basement		Unit 4 Electric
Unit 4 Gas		Unit 4 Level
Unit 4 Number	0	Unit 5 # of Bedrooms	0
Unit 5 # of Rooms	0	Unit 5 Basement
Unit 5 Electric		Unit 5 Gas
Unit 5 Level		Unit 5 Number	0
Unit Gas		Unit1 # of Bathrooms	1
Unit2 # of Bathrooms	1	Unit3 # of Bathrooms	0
Unit4 # of Bathrooms	0
Additional Features
Ceiling Fan	YES	Gas Grill	NO
Golf Course	NO	Handicap	NO
Hot Tub	NO	Jet/Garden Tub	NO
Lake Name		Lake Type
Natural Woodwrk	YES	Pool	NO
Pool Type	ASSO	Public Walks	NO
Skylight	NO	Waterfront	NONE
Kitchen
Num of Microwave	0	Num of Range/Oven	2
Num of Refrigerator	2	Number of Dishwasher	0
Number of Disposal	0
Laundry
Laundry Area	NONE	Laundry Area Dim	0x0
LaundryAreaDim Area	0	LaundryAreaDim Dim	0 x 0
LaundryAreaDim Len	0	LaundryAreaDim Wid	0
Num W/D Hookups	0	Number of Dryers	0
Number of Washers	0
Financial/Associations
$ Unit 1 Rent	435	$ Unit 2 Rent	425
$ Unit 3 Rent	0	$ Unit 4 Rent	0
$ Unit 5 Rent	0	Agreement Type
Agreement Type 2		Annual Tax Exception
Annual Taxes	1639.1	Assn Dues	0
Assoc Dues Exp	NONE	Assoc Dues Freq	NONE
Association	MLS	Currently Rented Ut1	YES
Currently Rented Ut2	YES	Currently Rented Ut3
Currently Rented Ut4		Currently Rented Ut5
Exemptions		Existing Financing	CLR
Financing		Financing Comments
Gross Annual Rent	9300	Lease Term	1YER
Lease Type		Net Annual Income	7660.9
Net Tax Rate	0	Property Tax	1639.1
Proposed Financing	CASH,CONV,FHA,VA	Sub Lease
Sub Lease Expiration Date	1/1/1800 12:00:00 AM	Tax Expense	OWN
Tax ID	020710381010000073	Unit1 Deposit Amount	200
Unit1 Lease Exp.Date		Unit1 Rent Frequency	MONT
Unit2 Deposit Amount	200	Unit2 Lease Exp.Date
Unit2 Rent Frequency	MONT	Unit3 Deposit Amount	0
Unit3 Lease Exp.Date		Unit3 Rent Frequency
Unit4 Deposit Amount	0	Unit4 Lease Exp.Date
Unit4 Rent Frequency		Unit5 Deposit Amount	0
Unit5 Lease Exp.Date		Unit5 Rent Frequency
Year Taxes Payable
Other/Utilities
# Elec Meters	2	# Gas Meters	2
# Water Meters	0	Alarm Expense	NONE
Annual Electric Exp.	0	Annual Fuel Expense	0
Annual Misc	0	Bldg Insurance Exp	OWN
Cable Expense	TENA	Cooling	NONE
Cooling Expense	NONE	Electric Expense	TENA
Fuel	GAS	Fuel Expense	TENA
Heating	FORC	Heating Expense	TENA
Insurance Expense	0	Lawn Maintenance Exp	OWN
Maintenance Cost	0	Maintenance Exp	OWN
Parking Expense	NONE	Pet Restrictions	YES
Restrictions		Security System	NO
Sewer	CITY	Sewer Expense	OWN
Snow Removal Exp	NONE	Trash Collection Exp	OWN
Trash Expense	0	Ttl Concessions Pd.	0.00
Unit5 # of Bathrooms	0	Water	CITY
Water Expense	OWN	Water Heater	ELEC
Water Softener	NO	Water Softener Exp	NONE
Water/Sewer Exp	0

Area Map

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Neighborhood Information

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Demographic Summary for Zip Code
Population:	14135	Major City:	FORT WAYNE
Households:	5448	County:	ALLEN
Average Household Income:	$44,842	State:	IN
Average Commute Time:	20.5 Min	White Population	13375
Black Population	223	Hispanic Population	268
Asian Population	196	Hawaiian Population	3
Other Population	88	Male Population	7032
Female Population	7103	Average House Value	107600.00
Median Age	35.2	Median Age Male	34.4
Median Age Female	36.0	Area Code	260
Day Light Saving	Y	Land Area Sq. Miles	66.918440
Water Area Sq. Miles	0.103400

Demographic Summary for Zip Code
Population:	14135	Major City:	FORT WAYNE
Households:	5448	County:	ALLEN
Average Household Income:	$44,842	State:	IN
Average Commute Time:	20.5 Min	White Population	13375
Black Population	223	Hispanic Population	268
Asian Population	196	Hawaiian Population	3
Other Population	88	Male Population	7032
Female Population	7103	Average House Value	107600.00
Median Age	35.2	Median Age Male	34.4
Median Age Female	36.0	Area Code	260
Day Light Saving	Y	Land Area Sq. Miles	66.918440
Water Area Sq. Miles	0.103400
Household Details
Total Housing Units:	5900	Total Households:	5448
Total Population in Households:	13822	Total Households with a member under 18:	1975
Total Households with a member over 65:	1375	Total Families in Households:	3858
Total 2-Person Families in Households:	1685	Total 3-Person Families in Households:	860
Total 4-Person Families in Households:	862	Total 5-Person Families in Households:	311
Total 6-Person Families in Households:	102	Total 7+ Person Families in Households:	38
Total Households with Non-Family Members:	1591	Total 1-Person Non-Family Households:	1276
Total 2-Person Non-Family Households:	271	Total 3-Person Non-Family Households:	33
Total 4-Person Non-Family Households:	7	Total 5-Person Non-Family Households:	4
Total 6-Person Non-Family Households:	0	Total 7+ Person Non-Family Households:	0
Family Details
Families:	3951	Families w/Children Under 18 Yrs:	144
Families w/Children Under 5 Yrs:	86	Families w/Female Householder - no Husband:	98
Commuting Details
Commuting Workers 16 or Over:	7232	Drive Alone:	6350
Carpooled:	586	Public TransportationPublic Transportation:	0
Walked:	66	Other Means:	71
Work at Home:	159	Mean Travel Time (minutes):	20.5
Employment Details
Employed Civilian Pop 16 Yrs and Over:	7339	Mgmt and Professional:	1908
Employed Civilian Females:	3381	Employed Civilian Females w/Children Under 6 Yrs:	1286
Service:	934	Sales and Office:	1961
Farming, Fishing and Forestry:	16	Construction, Extraction and Maintenance:	762
Production, Transportation and Material Moving:	1758	Agriculture, Forestry, Fishing and Hunting:	75
Construction:	523	Manufacturing:	1812
Wholesale Trade:	354	Retail Trade:	937
Transportation, Warehousing and Utilities:	527	Employment Information:	135
Finance, Insurance, Real Estate and Rental/Leasing:	427	Prof., Scientific, Mgmt, Admin and Waste Mgmt:	502
Employment, Education, Health, and Social Services:	1055	Arts, Entertainment Recreation, Accomodation and Food Services:	485
Employment Other_Services:	385	Public Administration:	122
Private Wage and Salary:	6429	Government:	528
Self-Employed - not Incorporated:	371	Unpaid Family Workers:	11
Income Details
Families:	3951	Family Average Income:	51355
Family Per Capita Income:	20478	Families In Poverty:	174
Female, Fulltime Median Earnings:	25571	Male, Fulltime Median Earnings:	39399
With Social Security Income:	1231	Mean Social Security Income:	11631
With Supplemental Security Income:	132	Mean Supplemental Security Income:	7120
With Public Assistance:	63	Mean Public Assistance Income:	3195
Mean Retirement Income:	10815	Individuals in Poverty:	919
Less than $10,000:	100	$10,000 to $14,999:	92
$15,000 to $24,999:	482	$25,000 to $34,999:	428
$35,000 to $49,999:	783	$50,000 to $74,999:	1224
$75,000 to $99,999:	511	$100,000 to $149,999:	283
$150,000 to $199,999:	33	$200,000 or More:	15

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The data relating to real estate for sale on this web site comes in part from the Internet Data Display (IDX) of theFort Wayne Multiple Listing Service. Real estate listings held by brokerage firms other than Mike Thomas Associates/F.C. Tuckerare marked with the IDX logo and detailed information about them includes the name of the listing brokers.The information being provided is for consumers' personal, non-commercial use and may not be used for anypurpose other than to identify prospective properties consumers may be interested in purchasing.