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1919 Drexel Avenue

1919 Drexel Avenue, Fort Wayne, IN 46806
Property in Pontiac Place
Sold Sep 03, 2020
$38,000
$425,250 by Farmers & Merchants State Bank
Mortgage Due Aug 28, 2040
Sold Sep 03, 2020
$38,000
$425,250 by Farmers & Merchants State Bank
Mortgage Due Aug 28, 2040
Local assessors in Fort Wayne, IN have categorized 1919 Drexel Avenue as a residential type of property. The home was built in 1942 and is 82 years old. The property's lot size has been calculated to be 5,112 square feet. The linear feet between the front and back of the lot was measured at 1,420 ft and the front of the lot was measured at 360 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 4 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1919 Drexel Avenue has a total of 1,117 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a building with no basement that is 625 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - D. The building has a roof that is made of asphalt. Residents rely on no air conditioning for their cooling system. The home's a central heating system is the primary heating source and it is being fueled with gas. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1919 Drexel Avenue sold most recently in Aug 28, 2020 for a total of $38,000. If you work out the math, that's approximately a cost of $26.59 per sqft. Before that, the property was also sold for $38,000 in Aug 28, 2020. That means the value of the property has remained about the same! Tax-wise, the current owner is expected to pay close to $827 in taxes each year. 1919 Drexel Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $36,800. If we break it down further, the land itself was valued at $5,600. Improvements to the property, however, were assessed at a total of $31,200. The property's total market value has been marked the same as the total assessed value which is pretty typical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1942
  • Effective Year Built: 1942
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Frame
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 625
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,112
  • Lot Size Depth Feet: 1,420
  • Lot Size Frontage Feet: 360
  • Total Building Area: 1,429
  • Gross Building Area: 1,429
  • Building Area: 1,117
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,117
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: PONTIAC PLACE
  • Land Acres: 0.117
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: LOT 409 EX W 2 PONTIAC PLACE EXTENDED

Ownership

  • Current Owner : ALBF REAL ESTATE HOLDINGS LLC
  • Previous Owner : FWPG LLC
  • Owner Before Previous Owner: FWPG LLC
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Fort Wayne Community Schools
  • Census Tract: 002900

Geography

  • Assessors Map Reference: 6389-C4
  • District: 0020
  • Section: 18
  • Parcel: 02-13-18-154-022.000-074
  • Lot: 409
  • Municipality: WAYNE TOWNSHIP
  • Latitude: 41.0556
  • Longitude: -85.1117

    Address

  • Full Address: 1919 Drexel Ave
  • Address - House Number: 1919
  • Address - Street Name: Drexel
  • Address - Suffix Type: Ave
  • State: IN
  • City Name: Fort Wayne
  • Carrier Code: C046
  • 4-Digit Zip Code: 3876
  • Zip Code: 46806

Valuation

    Tax

  • Total Area: 1,429
  • Tax Year: 2022
  • Tax Amount: $827
  • Tax Rate Code Area: 74

    Appraisal Valuation

  • Standard Deviation: 0.2235
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 69
  • Final Value: 83,085
  • High Value: 101,659
  • Low Value: 64,512

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $425,250
  • First Open Lien Mortgage Lender: FARMERS & MERCHANTS STATE BANK
  • First Open Lien Mortgage Recording Date: Sep 03, 2020
  • First Open Lien Mortgage Loan Amount: $425,250
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 28, 2040

    Market Valuation

  • Market Total Value: $36,800
  • Market Land Value: $5,600
  • Market Improvement Value: $31,200

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $36,800
  • Assessed Land Value: $5,600
  • Assessed Improvements Value: $31,200

    Sales

  • Current Sale Contract Date: Aug 28, 2020
  • Current Sale Recording Date: Sep 03, 2020
  • Current Sale Transaction ID: 11785536380
  • Current Sale Price: $38,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020053412
  • Previous Sale Recording Date: Sep 03, 2020
  • Previous Sale Contract Date: Aug 28, 2020
  • Previous Sale Amount: $38,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: FARMERS & MERCHANTS STATE BANK
  • Previous Mortgage Transaction Date: Sep 03, 2020
  • Previous Mortgage Loan Amount: $425,250
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 28, 2040

About Pontiac Place



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Frequently Asked Questions

What neighborhood is 1919 Drexel Avenue located in?
The 1919 Drexel Avenue is a located in the neighborhood of Pontiac Place in Pontiac Place, Fort Wayne.
What is the average sales price for listings in 1919 Drexel Avenue?
The average sales price for units in 1919 Drexel Avenue is $0 currently.

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