Madison St, Fort Wayne, Home For Sale

house for sale

Listed: 07/07/24

507 Madison St, Fort Wayne, Indiana, 46802

6 Bed:

2 Bath:

2,132 Sq Ft Living Area:

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Price

$ 160,000

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About This House

This updated 2-story home, with over2, 000sqft, offers versatility for living, house hacking, or converting into a duplex. Featuring 6 bedrooms, 2 full bathrooms, and an attached shed, its perfect for a large family or an investor. Updates include plaster flooring, fresh paint, new cabinets, and revamped bathrooms, kitchen, and basement. Conveniently located in downtown Fort Wayne near Indiana Tech. This property is currently rented to 2 separate tenants. Each with a 1 year lease. Each paying1000.00a month.

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Houses for sale in Fort Wayne

Original listing

Fort Wayne Housing & Living

Average sale prices for houses

2 bed

3 bed

4+ bed

Show as List Show as Graph

Month	Median Price
Jul 2024	$152,812 (+1.2%)
Jun 2024	$151,033 (-6.7%)
May 2024	$161,899 (+2.7%)
Apr 2024	$157,694 (0%)
Mar 2024	$157,694 (0%)
Feb 2024	$157,694 (0%)

In July 2024, the asking price for 2 bed houses for sale in/near Fort Wayne, United States averaged $152,812, an increase of 1.2% from the previous month.

Median price trends for properties for sale in Fort Wayne, United States as of July 2024.

Household Income

Median household income: $48,658

Number of households: 105,457

The average household income in Fort Wayne, IN grew from $46,599 to $48,658 in the past year. This data is an estimate based upon 105,457 households in Fort Wayne, IN.
The chart below presents how household income is distributed in Fort Wayne, IN in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: <$800

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Fort Wayne, IN compared to median property taxes around the country. The prevalent amount of property taxes in Fort Wayne, IN equals <$800 , which is less than the national average.