For SaleRisky Deal8 days on market
2505 Oakridge Rd
2505 Oakridge Rd, Fort Wayne, IN 46805, Fort Wayne, IN 46805
$219,900
Estimate®:$216,300
Listing Price
2505 Oakridge Rd, Fort Wayne, IN 46805
Loc: Fort Wayne, IN
Days Listed
8
Tax Assessed
$216k
Estimate®
$216k
Market Rate
Lot Size
4,792 sqft
Rent Estimate
$1,478/mo
Est. Cash Flow base
Type
single family
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
4
Franke Park Elementary School
PK-5
0.7 mi away
5
Northwood Middle School
6-8
2.6 mi away
3
North Side High School
9-12
0.3 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
Craftsman bungalowbrick baselap sidingcovered front porchlarge porch columnsgabled roofmulti-pane windowscozy aestheticresidentiallandscaped front yardtwo-storytraditional architectural style
Haven AI Verdict
Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
4.87%
Total ROI
64.7%
Cash Flow
$-249/mo
DSCR
0.78
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-249/mo net cash flow with a 4.9% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Fort Wayne, IN
- • Long-term capital appreciation corridor
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-15 | Listed for sale | $219,900 | – |
| 2020-06-04 | Listing removed | $131,900 | $83 |
| 2020-05-29 | Listed for sale | $131,900 | $83 |
| 2020-05-29 | Pending sale | $131,900 | $83 |
| 2020-04-24 | Sold | $114,075 | $72 |
| 2020-02-03 | Price change | $118,900 | $75 |
| 2020-01-14 | Price change | $120,900 | $76 |
| 2020-01-03 | Listed for sale | $122,900 | $77 |
| 2017-11-03 | Listing removed | $900 | $1 |
| 2017-10-14 | Listed for rent | $900 | $1 |
| 2017-10-05 | Listing removed | $71,900 | $45 |
| 2017-09-14 | Price change | $71,900 | $45 |
| 2017-08-17 | Price change | $74,900 | $47 |
| 2017-07-26 | Listed for sale | $76,900 | $48 |
| 2008-05-09 | Listing removed | $50,000 | $31 |
| 2008-04-10 | Price change | $50,000 | $31 |
| 2008-03-08 | Listed for sale | $55,000 | $35 |
| 2007-12-18 | Sold | $78,106 | $49 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $2,255.38 | $215,900 |
| 2024 | $2,341.86 | $198,600 |
| 2023 | $1,620.86 | $206,900 |
| 2022 | $1,345.48 | $146,500 |
| 2021 | $954.96 | $124,000 |
| 2020 | $1,748.6 | $101,200 |
| 2019 | $1,817.16 | $80,300 |
| 2018 | $1,632.52 | $82,900 |
| 2017 | $656.16 | $73,800 |
| 2016 | $428.44 | $63,900 |
| 2014 | $445.6 | $66,800 |
| 2013 | $448.24 | $68,300 |
| 2011 | $589.08 | $80,900 |
| 2010 | $0 | $80,900 |
| 2007 | $0 | $70,000 |
| 2005 | $0 | $57,900 |
| 2004 | $0 | $57,900 |
| 2001 | $0 | $24,600 |
| 1999 | $0 | $8,200 |
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