1517 Franklin Ave, Fort Wayne, IN, 46808

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1517 Franklin Ave, Fort Wayne$190,000

Buyer Closing Credits

$2,256^*

1.25% Loan Amount

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1 (855) 200-2001

Property Highlights

Home TypeQuadruplex

Year Built1930

HeatingNatural Gas, Forced Air

CoolingNone

MLS #202442398

Lot Size0.20 Acres

StatusSale Pending
(Pending)

About 1517 Franklin Ave

This 4 plex in the '08 cash flows $2225 a month. This unit consists of 1 - efficiency with a long term tenant, 3 -1 bedrooms with 1 long term tenant and 2 freshly updated and new tenants. The unit has 3 gas meters, 4 electric meters, water/sewer/trash is on RUBS (split per occupancy between tenants). Lawn care is owner responsibility. Basement has a separate outside entrance. Each unit has a stove and refrigerator that will transfer with sale. NO LAUNDRY. Tenant provided window ac units. Rent roll attached.

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Property Details

Property Features

Property Information:

• Year Built: 1930
• Stories: 2

Listing Office:

• Office Name: Open Door Rentals and Real Estate
• Listing Agent: Tammie Jones

Lot Features

Lot Information:

• Lot Size: 0.20 Acres

Utilities

Utilities Information:

• Heating: Natural Gas, Forced Air
• Cooling: None

Other

Directions Information:

• Directions: From West State Blvd and Sherman Blvd, go South on Sherman. Turn right (west) onto Spring Street. Turn left onto

Price Information

Listing Price Info

Price Summary:

• List Price: $190,000

Tax Information:

• Annual Amount: $1,685
• Tax Year: 2020

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Housing Market Comparison

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

Fort Wayne, IN

City

Med. Sold Price

$242.6K

Med. Price/SqFt

$141

Avg. Days On Market

40

# of Sold Homes

336

1517 Franklin Ave vs Fort Wayne

31 DAYS ON ROCKET

-9 Days

$190,000

-$52.6K Less

KEY TAKEAWAY

This property is $52.6K less than the Median Sold Price in Fort Wayne, IN.

Based on homes sold in November 2024

MLS Details

MLS Information:

• MLS Number: #202442398

Listing Office:

• Office Name: Open Door Rentals and Real Estate
• Listing Agent: Tammie Jones

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: 12/3/2024, 8:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

DATE	EVENT	PRICE
Nov 22, 2016	Nov 22, 2016Home Sold	$22,639

Tax History

YEAR	PROP. TAX	ASSESSMENT
2020	$1,685	$115,100
2019	$1,679	$77,400
2017	$633	$28,600

History based on county public records data.

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**Disclosures

Rocket Homes›Indiana›Allen County›Fort Wayne›46808›1517 Franklin Ave

This home is located at 1517 Franklin Ave in Fort Wayne, IN and zip code 46808 in the Hamilton neighborhood. This home was built in 1930. It has been listed on Rocket Homes since November 01, 2024 and is currently priced at $190,000.

In November 2024 more than 66 listings in Fort Wayne, IN were sold above the asking price. During the same period more than 94 listings were sold at asking price, while more than 162 were sold below. Between October 2024 and November 2024, Fort Wayne, IN real estate market has seen decrease in the number of listings by 1.1%. Listings spent 40 days on the market in November 2024, and had a median list price of $242,666 during the same period.

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