For SaleRisky Deal0 days on market
1406 E Gump Rd
1406 E Gump Rd, Fort Wayne, IN 46845, Fort Wayne, IN 46845
$432,600
Estimate®:$456,700$24,100 Under Market
Listing Price
1406 E Gump Rd, Fort Wayne, IN 46845
Loc: Fort Wayne, IN
Days Listed
0
Tax Assessed
$399k
Estimate®
$457k
5% Under Valued
Lot Size
5.19 acres
Rent Estimate
$1,867/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.
8
Cedar Canyon Elementary School
PK-5
0.6 mi away
8
Maple Creek Middle School
6-8
1.6 mi away
8
Carroll 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
Single Family Residence1978Natural Gas, Forced AirCentral Air2 Attached Garage spaces5.19 Acres0
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
2.89%
Total ROI
21.7%
Cash Flow
$-1,203/mo
DSCR
0.46
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-1,203/mo net cash flow with a 2.9% 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
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $3,267.72 | $399,200 |
| 2024 | $3,293.24 | $375,300 |
| 2023 | $2,917.98 | $366,800 |
| 2022 | $2,910.64 | $324,300 |
| 2021 | $2,814.56 | $301,000 |
| 2020 | $2,736.18 | $281,300 |
| 2019 | $2,308.66 | $264,800 |
| 2018 | $2,273.72 | $235,000 |
| 2017 | $2,275.42 | $219,700 |
| 2016 | $2,305.88 | $213,200 |
| 2014 | $2,209.94 | $195,000 |
| 2013 | $2,327.78 | $192,400 |
| 2011 | $2,229.68 | $185,600 |
| 2010 | $0 | $183,600 |
| 2007 | $0 | $176,200 |
| 2005 | $0 | $163,100 |
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