Off MarketRisky Deal0 days on market
1303 Ludwig Park Dr
1303 Ludwig Park Dr, Fort Wayne, IN 46825, Fort Wayne, IN 46825
$279,000
Estimate®:$258,200
Listing Price
1303 Ludwig Park Dr, Fort Wayne, IN 46825
Loc: Fort Wayne, IN
Days Listed
0
Tax Assessed
$233k
Estimate®
$258k
Market Rate
Lot Size
0.46 acres
Rent Estimate
$2,051/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.
6
Lincoln Elementary School
K-5
1.7 mi away
4
Shawnee Middle School
6-8
1.6 mi away
4
Northrop High School
9-12
1.1 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
ranch stylesingle-storyattached garagedrivewayspacious lawnsuburbanbrick accentssidingmature treestraditionalresidentiallandscaped
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
5.69%
Total ROI
82.4%
Cash Flow
$-126/mo
DSCR
0.91
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-126/mo net cash flow with a 5.7% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (5.7%)
- • Strong rental demand in Fort Wayne
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 |
|---|---|---|---|
| 2020-06-22 | Listing removed | $169,900 | $101 |
| 2020-05-29 | Listed for sale | $169,900 | $101 |
| 2020-05-29 | Pending sale | $169,900 | $101 |
| 2020-05-04 | Listed for sale | $169,900 | $101 |
| 2015-06-08 | Sold | $58,254 | $35 |
| 2015-04-26 | Listed for sale | $58,000 | $34 |
| 2015-03-09 | Sold | $80,000 | $48 |
| 2004-02-26 | Sold | $121,211 | $72 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $2,253.02 | $233,200 |
| 2024 | $2,027.6 | $198,400 |
| 2023 | $1,996.98 | $187,000 |
| 2022 | $1,814.74 | $178,900 |
| 2021 | $1,417.4 | $163,700 |
| 2020 | $2,872.26 | $131,700 |
| 2019 | $2,750.96 | $131,900 |
| 2018 | $2,468.7 | $125,500 |
| 2017 | $2,690.51 | $111,600 |
| 2016 | $669.26 | $91,700 |
| 2014 | $1,098.02 | $107,100 |
| 2013 | $1,070.64 | $105,700 |
| 2011 | $1,513 | $151,300 |
| 2010 | $0 | $151,300 |
| 2007 | $0 | $135,500 |
| 2005 | $0 | $81,900 |
| 2004 | $0 | $81,900 |
| 2001 | $0 | $45,200 |
| 1999 | $0 | $15,060 |
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