For SaleRisky Deal0 days on market
4223 Butler Rd
4223 Butler Rd, Fort Wayne, IN 46808, Fort Wayne, IN 46808
$299,000
Estimate®:$292,400
Listing Price
4223 Butler Rd, Fort Wayne, IN 46808
Loc: Fort Wayne, IN
Days Listed
0
Tax Assessed
$165k
Estimate®
$292k
Market Rate
Lot Size
0.50 acres
Rent Estimate
$2,047/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
Francis M Price Elementary School
PK-5
1.6 mi away
5
Northwood Middle School
6-8
4.4 mi away
4
Northrop High School
9-12
4.3 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
ranch stylesplit-levelvinyl sidingstone veneersingle-storyresidentialasphalt shingle roofgabled roofsuburbanneutral exteriorfront porchgravel drivewaylow maintenance
Haven AI Verdict
Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
5.48%
Total ROI
77.9%
Cash Flow
$-186/mo
DSCR
0.88
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-186/mo net cash flow with a 5.5% 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 |
|---|---|---|---|
| 2026-09-24 | Listed for sale | $299,000 | – |
| 2025-05-30 | Sold | $55,000 | – |
| 2024-08-29 | Pending sale | $180,000 | – |
| 2024-07-27 | Price change | $180,000 | – |
| 2024-04-04 | Pending sale | $160,000 | – |
| 2024-03-29 | Listed for sale | $160,000 | – |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $3,094.54 | $164,800 |
| 2024 | $1,111.74 | $188,200 |
| 2023 | $617.82 | $185,400 |
| 2022 | $605.72 | $166,700 |
| 2021 | $593.84 | $144,900 |
| 2020 | $582.2 | $134,200 |
| 2019 | $570.76 | $130,200 |
| 2018 | $559.58 | $123,500 |
| 2017 | $702.96 | $113,100 |
| 2016 | $689.18 | $128,900 |
| 2014 | $703.88 | $126,100 |
| 2013 | $832.46 | $137,800 |
| 2011 | $800.12 | $153,800 |
| 2010 | $0 | $135,400 |
| 2007 | $0 | $147,300 |
| 2005 | $0 | $127,000 |
| 2004 | $0 | $127,000 |
| 2001 | $0 | $64,100 |
| 1999 | $0 | $21,370 |
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