507 Madison Street, Fort Wayne, IN 46802

$160,000 Asking Price

6 beds
2 baths
2,132  sqft
Built in 1925

This updated 2-story home, with over 2,000 sqft, offers versatility for living, house hacking, or converting into a duplex. Featuring 6 bedrooms, 2 full bathrooms, and an attached shed, it’s 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 paying 1000.00 a month.

Features & Amenities

Interior

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

Exterior

General:
Vinyl

Construction

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

Utilities

Water:
City

This listing courtesy of:
CENTURY 21 Bradley Realty, Inc, Tyler Dohner

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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