507 Madison Street, Fort Wayne, IN 46802

$140,000 Asking Price

6 beds
2 baths
2,780  sqft
Built in 1925

MOTIVATED SELLER!!! Homeowners and Investors! This updated, 2 story home is perfect to live in, house hack, or use as a duplex if you wish. Property was intended to be converted into a duplex but remained as a single-family. With over 2,000 sqft., 6 bedrooms and 2 full bathrooms divided between the 2 floors and an attached shed, this house will be perfect for that big family who is looking for a spacious home in a convenient location in downtown Fort Wayne or an investor trying to house hack or add a full duplex to their portfolio that is near the Indiana Tech. The house has been updated with plaster flooring, fresh paint throughout the interior and updated bathrooms and kitchen along with a basement that has also been worked on. Come check out this large home sitting in an ever growing area of town close to everything before it’s gone!

Features & Amenities

Interior

Basement:
Partial Basement,Unfinished
Flooring:
Other
A/C:
Central Air
Heating:
Gas,Forced Air
Fireplace:
None

Exterior

General:
Vinyl

Construction

Roofing:
Shingle
General:
Two Story, Partial Basement,Unfinished

Location

HOA Amenities:
Not Applicable
School District:
Fort Wayne Community

Lot

Zoning:
W 1/2 LOT 215 HANNA ADD, 02-12-01-355-016.000-074
Fencing:
Barb Wire

Utilities

Water:
City

This listing courtesy of:
JM Realty Associates, Inc., Carlos Gonzalez

About Fort Wayne, IN

Housing

Number of Units
142,836
Median Home Value
$147,762
Median Rent
$661

34.37% of housing units are renter occupied.

6.89% are vacant.

Commute

Car
80.41%
Public Transportation
0.72%
Walk to Work
1.17%
Work from Home
16.94%
Other
0.49%

The median travel time to work is 19 minutes.

People

Population
331,928
Median Age
36.30
Median Household Size
2.65

Education

High School
26.32%
Associate’s Degree
10.91%
Bachelor’s Degree
20.25%
Graduate Degree
10.27%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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