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  • $175,000

    1231 Stophlet St, Fort Wayne, IN 46802

    5beds
    2,124sqft
    Multi Family
    Built in 1900
    -- sqft lot
    $193,500 Zestimate®
    $--/sqft
    $813 Estimated rent

    Home value

    $193,500

    $155,000 - $232,000

    $813/mo

    Zestimate® history
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    $1,109/mo

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    What's special

    Victorian home
    Beautiful two-story Victorian home currently being used as room rentals since 2012. Property is located one block from Electric Works. All current renters get along, have long standing stable incomes, and wish to remain. The current Property Manager has owned many other rooming houses and is interested in continuing to manage for the new owner and would be available to answer questions during showings. Current updates include: new mortar, primer, and Super Paint on the exterior brick, a remodeled porch area, and blown-in attic insulation. For ease of maintenance, there is plank flooring throughout the home. Plenty of off-street parking available. There is great income producing opportunity or it could be used as a single family home. Monthly building income of $2,163.92 a month after $729.41 in expenses taken out.

    Zillow last checked:

    Listing updated:

    Listed by:

    David Budd 260-479-7017,

    Tree City Realty

    Bought with:

    Theresa Haneline, RB19001153

    Tree City Realty

    Source: IRMLS,MLS#: 202343520MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Natural Gas, Forced Air
    Cooling
    • Window Unit(s)
    Features
    • Flooring: Laminate
    • Basement: Partial,Unfinished,Concrete
    Interior area
    • Total structure area: 3,024
    • Total interior livable area: 2,124 sqft
    • Finished area above ground: 2,124
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 5
    • Parking features: Off Street, On Street, Off Street Parking
    • Has uncovered spaces: Yes
    Features
    • Levels: Two
    • Stories: 2
    • Fencing: None
    Lot
    • Size: 4,356 sqft
    • Dimensions: 31x140
    • Features: Level, City/Town/Suburb
    Details
    • Additional structures: Shed(s)
    • Parcel number: 021210287003.000074

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Victorian
    • Property subtype: Multi Family
    Materials
    • Brick
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1900

    Utilities & green energy

    • Electric: Indiana Michigan Power
    • Gas: NIPSCO
    • Sewer: City
    • Water: City, Fort Wayne City Utilities

    Community & neighborhood

    Community
    • Community features: None
    Location
    • Region: Fort Wayne
    • Subdivision: Stophlets

    HOA & financial

    Other financial information
    • Total actual rent: 40320

    Other

    Other facts
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    2/12/2025Sold$175,000-9.1%
    Source: IRMLS #202343520 Report a problem
    12/23/2024Pending sale$192,500
    Source: IRMLS #202343520 Report a problem
    10/30/2024Price change$192,500-1.3%
    Source: IRMLS #202343520 Report a problem
    6/27/2024Price change$195,000-2.5%
    Source: IRMLS #202343520 Report a problem
    6/3/2024Pending sale$200,000
    Source: IRMLS #202343520 Report a problem
    5/7/2024Price change$200,000-9.1%
    Source: IRMLS #202343520 Report a problem
    2/18/2024Price change$220,000-4.3%
    Source: IRMLS #202343520 Report a problem
    2/1/2024Price change$230,000-4.2%
    Source: IRMLS #202343520 Report a problem
    1/11/2024Price change$240,000-4%
    Source: IRMLS #202343520 Report a problem
    12/18/2023Price change$250,000-7.4%
    Source: IRMLS #202343520 Report a problem
    12/10/2023Price change$270,000-6.9%
    Source: IRMLS #202343520 Report a problem
    12/4/2023Price change$290,000-3.3%
    Source: IRMLS #202343520 Report a problem
    12/2/2023Listed for sale$300,000+2627.3%
    Source: IRMLS #202343520 Report a problem
    10/1/2012Sold$11,000-8.3%$5/sqft
    Source: Agent Provided Report a problem
    9/6/2012Price change$12,000-20%$6/sqft
    Source: Coldwell Banker Roth Wehrly Graber #201113229 Report a problem
    8/17/2012Price change$15,000-14.3%$7/sqft
    Source: Coldwell Banker Roth Wehrly Graber #201113229 Report a problem
    5/4/2012Price change$17,500-29.7%$8/sqft
    Source: Coldwell Banker Roth Wehrly Graber #201113229 Report a problem
    2/22/2012Price change$24,900-15.6%$12/sqft
    Source: Coldwell Banker Roth Wehrly Graber #201113229 Report a problem
    1/30/2012Listed for sale$29,500-70.5%$14/sqft
    Source: Coldwell Banker Roth Wehrly Graber #201113229 Report a problem
    7/21/2009Sold$100,000+4195.5%$47/sqft
    Source: Public Record Report a problem
    12/17/2001Sold$2,328$1/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,312 +3171.5%$110,200 -41.6%
    2024$132 +41.8%$188,600 +753.4%
    2023$93 +14.7%$22,100 +61.3%
    2022$81 -4%$13,700 +22.3%
    2021$84 +20.5%$11,200 -1.8%
    2020$70 -96.3%$11,400 +25.3%
    2019$1,896 +45.1%$9,100 -73.2%
    2018$1,307 +0.7%$33,900 +15.7%
    2017$1,297 +115.2%$29,300 +0.7%
    2016$603 +51.9%$29,100 +52.4%
    2014$397 +9.3%$19,100 +9.1%
    2013$363 +22.7%$17,500 +18.2%
    2011$296 $14,800 -12.4%
    2010-- $16,900 -63.8%
    2007-- $46,700 -27.8%
    2005-- $64,700
    2004-- $64,700 +126.2%
    2001-- $28,600 +200.1%
    1999-- $9,530

    Find assessor info on the county website

    Neighborhood: West Central

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Study
    • Middle: Kekionga
    • High: Wayne
    • District: Fort Wayne Community

    Source: IRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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