2 months on rocket

Sale Pending

1219 Taylor St, Fort Wayne, IN, 46802

$139,900

Home List Price

$1,661*

Closing Credit

0 Baths
Multi
Schools Nearby

Location

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1219 Taylor St, Fort Wayne$139,900

Buyer Closing Credits

$1,661*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
Year Built1905
HeatingNatural Gas, Forced Air
CoolingCentral Air
MLS #202405039
Lot Size0.10 Acres
StatusSale Pending
(Pending)

About 1219 Taylor St

Great 10%+ cap rate, rare in today's competitive investment market. Welcome to your opportunity to invest in a prime income-producing property nestled in the heart of downtown Fort Wayne! This fully rented duplex offers a lucrative return on investment, with a total monthly gross rent of $1770! Boasting a strategic location just a stone's throw away from the vibrant Electric Works complex, tenants will relish the convenience of urban living while enjoying the allure of nearby entertainment, dining, and cultural hotspots. Whether you're a seasoned investor or diving into real estate for the first time, this duplex promises steady cash flow and long-term appreciation potential. Don't miss out on securing your slice of Fort Wayne's flourishing rental market – seize this opportunist gem today.

Property Details

Property Features

Property Information:

  • Year Built: 1905
  • Stories: 2

Listing Office:

  • Office Name: CENTURY 21 Bradley Realty, Inc
  • Office Phone: (260) 267-8220
  • Listing Agent: Richard Rutledge

Lot Features

Lot Information:

  • Lot Size: 0.10 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Wayne High School, Public District Grades 9-12
  • Kekionga Middle School, Public District Grades 6-8
  • Study Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: From the intersection of Broadway and Taylor, Take Taylor West. Home is on left hand side.

Price Information

Listing Price Info

Price Summary:

  • List Price: $139,900

Tax Information:

  • Annual Amount: $671
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Fort Wayne, IN.

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Fort Wayne, IN

City

Med. List Price

$262.8K

Med. Price/SqFt

$145

Avg. Days On Market

49

# of Sold Homes

101

1219 Taylor St vs Fort Wayne

69 DAYS ON ROCKET

+20 Days

$139,900

-$122.9K Less

KEY TAKEAWAY

This property is $122.9K less than the Median List Price in Fort Wayne, IN.

Based on homes listed in March 2024

MLS Details

MLS Information:

  • MLS Number: #202405039

Listing Office:

  • Office Name: CENTURY 21 Bradley Realty, Inc
  • Office Phone: (260) 267-8220
  • Listing Agent: Richard Rutledge

IDX The data on this website relating to real estate for sale comes in part from the Internet Data Exchange (IDX) program of the Indiana Regional MLS (IRMLS). IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. ©2011-2024 Indiana Regional MLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/27/2024, 6:25:16 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$671$44,000
2019$671$30,800
2017$588$26,600

History based on county public records data.

Payment Calculator

$766

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$486

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1071778
2
/10

  • Study Elementary School

  • 2414 Brooklyn Ave

  • 0.66 miles

  • Public District Grades PK-5

Middle School

school-card-donut-1071779
1
/10

  • Kekionga Middle School

  • 2929 Engle Rd

  • 1.94 miles

  • Public District Grades 6-8

High School

school-card-donut-1071780
3
/10

  • Wayne High School

  • 9100 Winchester Rd

  • 4.68 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $32,000. Typical income of Fort Wayne, IN residents is less than $35k annually. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Indiana›Allen County›Fort Wayne›46802›1219 Taylor St

This home is located at 1219 Taylor St in Fort Wayne, IN and zip code 46802 in the Broad River neighborhood. This home was built in 1905. It has been listed on Rocket Homes since February 17, 2024 and is currently priced at $139,900.

The inventory of homes for sale in Fort Wayne, IN between February 2024 and March 2024 increased by 114.4%. In March 2024, listings were on the market for 49 days. During the same period, the median list price in this real estate market was $262,860.

From Rocket Homes Real Estate and based on county public records data.

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