820 E Lewis St · Fort Wayne, IN
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $473 – $860
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $717 – $1,331
Heat risk 3/10 · Minor
- Hot days now (above 100°F)
- 7 days/yr
- Hot days in 30 yrs
- 17 days/yr
Wind risk 2/10 · Minimal
- Chance of severe wind over 30 yrs
- —
Air-quality risk 3/10 · Minor
- Unhealthy air days now
- 2 days/yr
- Unhealthy air days in 30 yrs
- 3 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the B+ grade
The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).
- Cash flow +26.6/30.0
- ARV discount +15.0/15.0
- Appreciation +10.0/10.0
- DSCR +9.1/10.0
- 1% rule +7.1/10.0
- Livability +4.2/5.0
- Rent growth +2.5/5.0
- Condition / age +2.5/5.0
- Schools +2.2/10.0
$99,800
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
820 E Lewis Street offers 3 bedrooms, 2 full baths, and 1,317 finished square feet on the main level — plus a full basement. Built in 1925 with classic aluminum siding and a brick foundation, this home sits on a level 0.18-acre city lot in Fort Wayne's Eliza Hanna Senior(s) addition. Inside, you'll find a workable layout with main-level laundry, gas forced-air heat, and bedrooms on both the main and upper floors. The full basement adds flexibility for a workshop, rec room, or additional finished space down the road. Located in the Fort Wayne Community Schools district (Forest Park Elementary, Lakeside Middle, North Side High), with quick access to downtown Fort Wayne, shopping, and major roads. Seller financing available for qualified buyers with a large down payment — contact listing agent for details!
Key facts
- 7,800 sq ft lot
- Built 1925
- Listed 77 days
Neighborhood map
What this means for you Summary
Snapshot
- This is a 2-bed/1.5-bath single-family listed at $100k.
Deal economics
- At list price, monthly cash flow is $266 ($3k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($1k rent vs $100k).
- Recommended offer: $94k (6.0% below list) — sets the bar for market timing.
- Cap rate 9.5% vs local median 4.8% in Fort Wayne — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.
Location & tenants
- Location reads 84/100 on livability (#6 in IN, #676 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, commute A+, cost of living A+; Watch: crime C-, schools D+, employment D+.
- Fort Wayne Community Schools (urban): math 22% / reading 29% proficiency, ranked #263 of 301 in IN (top 87%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 60% free/reduced lunch — lower-income household profile, screen leases tightly.
- Market conditions: 52 active listings in the ZIP; 31 comparable units currently listed for rent nearby; rentals at typical pace (median 22d on market — plan ~3-4 weeks tenant-placement turnaround); lower-income renter base — watch delinquency; 1,861 units permitted in Allen County in 2024 (576 in 5+ unit buildings).
- This rent runs 42% of the median local income ($34k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.
Forward outlook
- In year one you build about $11k of equity ($690 loan paydown + $10k appreciation (10.0% local appreciation)).
- Allen County population projected at +10% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
- At projected returns (10.0% appreciation + 3.0% rent growth), your $28k cash investment doubles in ~2 years — after that, you're playing with house money.
- By year 4, paydown + projected appreciation supports a ~$38k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.
Negotiation context
- It's been on market 77 days — a 6% lower offer ($94k) is reasonable based on typical stale-listing flexibility.
- 6 sale attempts; this cycle's ask has dropped $6k (6%) from the opening price — seller is motivated, your offer sets the floor, not the list.
Risks & watch-outs
- Watch-outs: built in 1925 — expect roof / HVAC / electrical / plumbing capex.
Questions for the listing agent
- It's been on market 77 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
- Built in 1925 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
- What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
- What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
- How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.
Investment metrics
- 1% rule
- 1.21% ✓
- Cap rate
- 9.50%
- Cash-on-cash
- 11.44%
- DSCR
- 1.51
- GRM
- 6.9
CMA / ARV
- ARV (median comp)
- $141,160
- List price
- $99,800
- Delta
- -29.30%
- Verdict
- UNDERPRICED
- Comps
- 20 within 1.0 mi
Show comp detail 8 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 1302 Gay St | 0.12mi | 2/1.0 | 1,235 (-6%) | 17mo | $48,500 | $39 | 68 |
| 1234 Francis St | 0.07mi | 2/1.0 | 1,120 (-15%) | 19mo | $113,000 | $101 | 54 |
| 736 E Washington Blvd | 0.26mi | 2/2.0 | 1,488 (+13%) | 13mo | $87,000 | $58 | 53 |
| 1120 Hugh Street St | 0.18mi | 3/3.0 (+1) | 1,440 (+9%) | 18mo | $117,500 | $82 | 50 |
| 835 Edgewater Ave | 0.53mi | 3/1.5 (+1) | 1,356 (+3%) | 22mo | $135,000 | $100 | 46 |
| 1104 Columbia Ave | 0.72mi | 2/1.0 | 1,148 (-13%) | 1mo | $140,000 | $122 | 42 |
| 1609 E Lewis St | 0.52mi | 3/2.0 (+1) | 1,248 (-5%) | 23mo | $190,979 | $153 | 40 |
| 1021 Dearborn St | 0.69mi | 3/1.0 (+1) | 1,232 (-6%) | 14mo | $110,000 | $89 | 38 |
Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.
Projected returns pro-forma
10.0% appreciation · 3.0% rent growth · sell at horizon
- IRR
- 32.7%
- Equity multiple
- 3.55×
- Total profit
- $71,335
- Equity at exit
- $89,908
- IRR
- 28.2%
- Equity multiple
- 8.04×
- Total profit
- $196,760
- Equity at exit
- $193,889
Cash invested: $27,944 (down + closing). Projections, not guarantees.
Landlord ↔ Tenant lean methodology
- Overall (STATE)
- 90 Strongly Landlord-Friendly
- State Indiana
- 90 Strongly Landlord-Friendly · R+11
- County
- — inherits STATE
- City
- — inherits STATE
ZIP-level market 46803
- Active inventory
- 52
- Price-to-rent
- 6.9×
Monthly cashflow live
- Estimated rent
- $1,205 high interval (Pro) →
- Mortgage (P&I)
- −$523
- Tax from tax record
- −$121 /mo · $1,449/yr
- Insurance
- −$42
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$253
- Net cashflow
- $266
Break-even live
Sensitivity live
| Price | -10% $323 | -5% $295 | +0% $266 | +5% $238 | +10% $210 |
|---|---|---|---|---|---|
| Rent | -10% $171 | -5% $219 | +0% $266 | +5% $314 | +10% $362 |
| Rate | -1.0pp $317 | -0.5pp $292 | base $266 | +0.5pp $241 | +1.0pp $214 |
UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt
Financing live
Cash to close
- Down payment
- $24,950
- Closing costs
- $2,994
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 31 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 919 Madison St Fort Wayne, IN | 2.0 | 1.0 | 1332 | $995 | $0.75 | 44d | 1 | 0.17mi |
| 708 E Jefferson Blvd Unit B Fort Wayne, IN | 1.0 | 1.0 | 1672 | $825 | $0.49 | 44d | 1 | 0.20mi |
| 859 Buchanan St Fort Wayne, IN | 1.0–4.0 | 1.0 | 887 | $900 | $1.01 | 22d | 1 | 0.47mi |
| 805 Edgewater Ave Fort Wayne, IN | 3.0 | 1.0 | 1075 | $1,550 | $1.44 | 14d | 1 | 0.51mi |
| 807 Edgewater Ave Fort Wayne, IN | 3.0 | 1.0 | 1075 | $1,450 | $1.35 | 22d | 1 | 0.51mi |
| 112 W Washington Blvd Fort Wayne, IN | 1.0–2.0 | 1.0–2.0 | 768 | $1,500 | $1.95 | 22d | 2 | 0.67mi |
| 101 Three Rivers N Fort Wayne, IN | 2.0 | 1.0 | 760 | $2,102 | $2.76 | 22d | 11 | 0.72mi |
| 420 E Dewald St Fort Wayne, IN | 3.0 | 1.5 | 1472 | $1,300 | $0.88 | 44d | 1 | 0.74mi |
| 1206 Columbia Ave Unit 2 Fort Wayne, IN | 2.0 | 2.0 | 1118 | $995 | $0.89 | 44d | 1 | 0.79mi |
| 217 W Masterson Ave Fort Wayne, IN | 2.0 | 1.0 | 1100 | $995 | $0.90 | 22d | 1 | 0.83mi |
| 1250 Ewing St Fort Wayne, IN | 2.0 | 1.0–2.0 | 980 | $2,081 | $2.12 | 22d | 24 | 0.92mi |
| 309 W Williams St Unit 1 Fort Wayne, IN | 2.0 | 1.0 | 900 | $900 | $1.00 | 22d | 1 | 0.92mi |
| 451 E Pontiac St Fort Wayne, IN | 3.0 | 1.0 | 1308 | $1,050 | $0.80 | 44d | 1 | 1.00mi |
| 603 Lavina St Fort Wayne, IN | 3.0 | 2.0 | 1872 | $1,899 | $1.01 | 44d | 1 | 1.05mi |
| 116 E Pontiac St Fort Wayne, IN | 3.0 | 1.5 | 1400 | $1,175 | $0.84 | 22d | 1 | 1.14mi |
| 1726 Tecumseh St Fort Wayne, IN | 3.0 | 1.0 | 1280 | $1,350 | $1.05 | 14d | 1 | 1.16mi |
| 835 Van Buren St Fort Wayne, IN | 2.0 | 1.0–2.0 | 750 | $1,995 | $2.66 | 14d | 29 | 1.19mi |
| 877 Lavina St Fort Wayne, IN | 1.0–3.0 | 1.0–2.0 | 997 | $2,187 | $2.19 | 44d | 17 | 1.20mi |
| 1838 Kentucky Ave Fort Wayne, IN | 2.0 | 1.0 | 884 | $975 | $1.10 | 44d | 1 | 1.26mi |
| 901 W Wayne St Unit 3 Fort Wayne, IN | 2.0 | 2.0 | 1312 | $1,700 | $1.30 | 44d | 1 | 1.26mi |
| 2445 Fairfield Ave Fort Wayne, IN | 2.0 | 1.5 | 950 | $1,150 | $1.21 | 14d | 3 | 1.28mi |
| 309 W Leith St Unit 2 Fort Wayne, IN | 2.0 | 1.0 | 900 | $1,000 | $1.11 | 44d | 1 | 1.30mi |
| 3009 Holton Ave Fort Wayne, IN | 3.0 | 1.0 | 1212 | $1,400 | $1.16 | 14d | 1 | 1.30mi |
| 1118 Rockhill St Fort Wayne, IN | 3.0 | 3.0 | 1790 | $2,300 | $1.28 | 44d | 1 | 1.34mi |
| 2730 Chestnut St Fort Wayne, IN | 3.0 | 1.5 | 1312 | $950 | $0.72 | 22d | 1 | 1.35mi |
| 2806 New Haven Ave Fort Wayne, IN | 3.0 | 1.0 | 1410 | $1,125 | $0.80 | 22d | 1 | 1.38mi |
| 3008 Webster St Fort Wayne, IN | 3.0 | 1.0 | 1344 | $1,449 | $1.08 | 22d | 1 | 1.38mi |
| 1104 Stophlet St Fort Wayne, IN | 3.0 | 1.5 | 1288 | $1,400 | $1.09 | 14d | 1 | 1.41mi |
| 2431 Fox Ave Fort Wayne, IN | 3.0 | 1.5 | 1522 | $1,550 | $1.02 | 14d | 1 | 1.42mi |
| 2720 Queen St Fort Wayne, IN | 3.0 | 2.0 | 1316 | $1,395 | $1.06 | 14d | 1 | 1.45mi |
| 706 3rd St Unit 1 Fort Wayne, IN | 2.0 | 1.0 | 930 | $995 | $1.07 | 44d | 1 | 1.50mi |
Listing history 25 events
-
2026-06-18days on market $99,800 Active 77 DOM
-
2026-06-17days on market $99,800 Active 76 DOM
-
2026-06-16days on market $99,800 Active 75 DOM
-
2026-06-15days on market $99,800 Active 74 DOM
-
2026-06-14days on market $99,800 Active 72 DOM
-
2026-06-10days on market $99,800 Active 69 DOM
-
2026-06-09days on market $99,800 Active 68 DOM
-
2026-06-08days on market $99,800 Active 67 DOM
-
2026-06-07days on market $99,800 Active 66 DOM
-
2026-06-03days on market $99,800 Active 62 DOM
-
2026-06-02days on market $99,800 Active 61 DOM
-
2026-06-01days on market $99,800 Active 60 DOM
-
2026-05-31days on market $99,800 Active 59 DOM
-
2026-05-30days on market $99,800 Active 58 DOM
-
2026-04-28status Active 826-char remark
Show marketing remark (826 chars)
820 E Lewis Street offers 3 bedrooms, 2 full baths, and 1,317 finished square feet on the main level — plus a full basement. Built in 1925 with classic aluminum siding and a brick foundation, this home sits on a level 0.18-acre city lot in Fort Wayne's Eliza Hanna Senior(s) addition. Inside, you'll find a workable layout with main-level laundry, gas forced-air heat, and bedrooms on both the main and upper floors. The full basement adds flexibility for a workshop, rec room, or additional finished space down the road. Located in the Fort Wayne Community Schools district (Forest Park Elementary, Lakeside Middle, North Side High), with quick access to downtown Fort Wayne, shopping, and major roads. Seller financing available for qualified buyers with a large down payment — contact listing agent for details!
-
2026-04-27status Active 758-char remark
Show marketing remark (758 chars)
This charming traditional home is full of character and possibilities, offering a warm, inviting feel from the moment you arrive. With its classic design and flexible layout, it's easy to imagine making this space your own. The bonus room upstairs adds extra versatility, perfect for a home office, guest space, or creative retreat. Built in 1925, this single-family home offers 1,317 square feet per county records across two levels. The main level features two bedrooms and a full bath, while the upper level includes an additional bedroom, bonus room, and a second full bath. Aluminum exterior siding, wood windows, and a one-car carport complete the home, providing charm, function, and a unique opportunity for buyers looking for space and character.
-
2026-04-17status Pending 826-char remark
Show marketing remark (758 chars)
This charming traditional home is full of character and possibilities, offering a warm, inviting feel from the moment you arrive. With its classic design and flexible layout, it's easy to imagine making this space your own. The bonus room upstairs adds extra versatility, perfect for a home office, guest space, or creative retreat. Built in 1925, this single-family home offers 1,317 square feet per county records across two levels. The main level features two bedrooms and a full bath, while the upper level includes an additional bedroom, bonus room, and a second full bath. Aluminum exterior siding, wood windows, and a one-car carport complete the home, providing charm, function, and a unique opportunity for buyers looking for space and character.
-
2026-04-17status Pending 758-char remark
Show marketing remark (758 chars)
This charming traditional home is full of character and possibilities, offering a warm, inviting feel from the moment you arrive. With its classic design and flexible layout, it's easy to imagine making this space your own. The bonus room upstairs adds extra versatility, perfect for a home office, guest space, or creative retreat. Built in 1925, this single-family home offers 1,317 square feet per county records across two levels. The main level features two bedrooms and a full bath, while the upper level includes an additional bedroom, bonus room, and a second full bath. Aluminum exterior siding, wood windows, and a one-car carport complete the home, providing charm, function, and a unique opportunity for buyers looking for space and character.
-
2026-03-30status Active 826-char remark
Show marketing remark (758 chars)
This charming traditional home is full of character and possibilities, offering a warm, inviting feel from the moment you arrive. With its classic design and flexible layout, it's easy to imagine making this space your own. The bonus room upstairs adds extra versatility, perfect for a home office, guest space, or creative retreat. Built in 1925, this single-family home offers 1,317 square feet per county records across two levels. The main level features two bedrooms and a full bath, while the upper level includes an additional bedroom, bonus room, and a second full bath. Aluminum exterior siding, wood windows, and a one-car carport complete the home, providing charm, function, and a unique opportunity for buyers looking for space and character.
-
2026-03-30status Active 758-char remark
Show marketing remark (758 chars)
This charming traditional home is full of character and possibilities, offering a warm, inviting feel from the moment you arrive. With its classic design and flexible layout, it's easy to imagine making this space your own. The bonus room upstairs adds extra versatility, perfect for a home office, guest space, or creative retreat. Built in 1925, this single-family home offers 1,317 square feet per county records across two levels. The main level features two bedrooms and a full bath, while the upper level includes an additional bedroom, bonus room, and a second full bath. Aluminum exterior siding, wood windows, and a one-car carport complete the home, providing charm, function, and a unique opportunity for buyers looking for space and character.
-
2026-03-25status Pending 826-char remark
Show marketing remark (758 chars)
This charming traditional home is full of character and possibilities, offering a warm, inviting feel from the moment you arrive. With its classic design and flexible layout, it's easy to imagine making this space your own. The bonus room upstairs adds extra versatility, perfect for a home office, guest space, or creative retreat. Built in 1925, this single-family home offers 1,317 square feet per county records across two levels. The main level features two bedrooms and a full bath, while the upper level includes an additional bedroom, bonus room, and a second full bath. Aluminum exterior siding, wood windows, and a one-car carport complete the home, providing charm, function, and a unique opportunity for buyers looking for space and character.
-
2026-03-25status Pending 758-char remark
Show marketing remark (758 chars)
This charming traditional home is full of character and possibilities, offering a warm, inviting feel from the moment you arrive. With its classic design and flexible layout, it's easy to imagine making this space your own. The bonus room upstairs adds extra versatility, perfect for a home office, guest space, or creative retreat. Built in 1925, this single-family home offers 1,317 square feet per county records across two levels. The main level features two bedrooms and a full bath, while the upper level includes an additional bedroom, bonus room, and a second full bath. Aluminum exterior siding, wood windows, and a one-car carport complete the home, providing charm, function, and a unique opportunity for buyers looking for space and character.
-
2026-03-17$105,800 Active 826-char remark
Show marketing remark (826 chars)
820 E Lewis Street offers 3 bedrooms, 2 full baths, and 1,317 finished square feet on the main level — plus a full basement. Built in 1925 with classic aluminum siding and a brick foundation, this home sits on a level 0.18-acre city lot in Fort Wayne's Eliza Hanna Senior(s) addition. Inside, you'll find a workable layout with main-level laundry, gas forced-air heat, and bedrooms on both the main and upper floors. The full basement adds flexibility for a workshop, rec room, or additional finished space down the road. Located in the Fort Wayne Community Schools district (Forest Park Elementary, Lakeside Middle, North Side High), with quick access to downtown Fort Wayne, shopping, and major roads. Seller financing available for qualified buyers with a large down payment — contact listing agent for details!
-
2026-02-23price $105,800 758-char remark
Show marketing remark (758 chars)
This charming traditional home is full of character and possibilities, offering a warm, inviting feel from the moment you arrive. With its classic design and flexible layout, it's easy to imagine making this space your own. The bonus room upstairs adds extra versatility, perfect for a home office, guest space, or creative retreat. Built in 1925, this single-family home offers 1,317 square feet per county records across two levels. The main level features two bedrooms and a full bath, while the upper level includes an additional bedroom, bonus room, and a second full bath. Aluminum exterior siding, wood windows, and a one-car carport complete the home, providing charm, function, and a unique opportunity for buyers looking for space and character.
-
2026-02-10$115,800 Active 758-char remark
Show marketing remark (758 chars)
This charming traditional home is full of character and possibilities, offering a warm, inviting feel from the moment you arrive. With its classic design and flexible layout, it's easy to imagine making this space your own. The bonus room upstairs adds extra versatility, perfect for a home office, guest space, or creative retreat. Built in 1925, this single-family home offers 1,317 square feet per county records across two levels. The main level features two bedrooms and a full bath, while the upper level includes an additional bedroom, bonus room, and a second full bath. Aluminum exterior siding, wood windows, and a one-car carport complete the home, providing charm, function, and a unique opportunity for buyers looking for space and character.
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Tax reassessment forecast IN · Partial reset (capped growth)
- Current annual tax
- $1,449 · $121/mo
- Projected year-2 tax
- $1,449 · $121/mo
- Expected delta
- $0/yr ($0/mo · 0.0%)
ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.
Climate risk First Street
- Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
- Wildfire 1/10 Low
- Heat 3/10 Moderate 7 d/yr ≥100°F today · 17 d/yr by 30 yrs out
- Wind 2/10 Low
- Air quality 3/10 Moderate 2 unhealthy d/yr today · 3 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $14,462
- − Mortgage interest
- −$5,590
- − Property taxes
- −$1,449
- − Insurance
- −$499
- − Repairs & maintenance
- −$1,157
- − Management
- −$1,157
- − Depreciation
- −$2,903
- Taxable income
- $1,706
- Est. tax owed @ 24.0%
- −$410
- After-tax cash flow
- $2,787/yr
For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.
Schools (NCES district)
- District
- Fort Wayne Community Schools
- NCES district ID
- 1803630
- Math proficiency
- 22% ▼ -11.00%
- Reading proficiency
- 29% ▼ -7.00%
- Median HH income
- $41,951
- Composite
- 21.68/100
- National rank
- #8275
- State rank
- #263 of 301 in IN
Livability — Fort Wayne
- Score
- 84/100
- State rank
- #6
- US rank
- #676
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Fort Wayne, IN
- County
- Allen County · 326,813 people
- City population
- 326,813
- Metro
- Fort Wayne, IN
- Population (ZIP)
- 10,994
- Household income
- $34,381
- Rent vs Own
- Severe rent burden
- 660.0
Population outlook (Allen County) Hauer SSP2
- Today (2025)
- 394,020 people
- By 2030
- 405,128 · +2.8%
- By 2040
- 423,476 · +7.5%
- By 2050
- 435,137 · +10.4%
- By 2075
- 450,293 · +14.3%
- By 2100
- 424,101 · +7.6%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Diverse neighborhood (Simpson 0.69)
- Race & ethnicity
- Black 42% White 27% Hispanic / Latino 24% Two or more races 10% Native American 2% Asian 1%
- Hispanic origin (detail)
- Mexican 17% Puerto Rican 1%
- Common ancestry
- Lithuanian 1% Iranian 1% Serbian 1%
- Foreign-born
- 11% · Canada, Philippines
- Languages at home
- 81% English-only · Spanish 16% Other Asian/Pacific 1% French/Haitian/Cajun 1%
Political lean MEDSL · Allen
- 2024 margin
- R (+12.5) · D 42.9% · R 55.4% · Other 1.7%
- 2008→2024 swing
- -8.1pp toward R · 2008: -4.3pp · 2024: -12.5pp
- All cycles
- 2024: R+12.5 2020: R+11.2 2016: R+19.6 2012: R+16.8 2008: R+4.3
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▲ 107.58%
- Current HPI
- 404.7976
- Rent YoY
- —
- Metro
- Fort Wayne, IN
- State GDP YoY
- ▲ 2.90%
- F500 in state
- 18
Industry mix (Fortune 500 HQ in IN)
| Industry | F500 HQs | Revenue |
|---|---|---|
| Industrial Machinery | 2 | $37B |
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| Healthcare | 1 | $177B |
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| Pharmaceuticals | 1 | $45B |
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| Metals / Steel | 1 | $18B |
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| Agriculture | 1 | $17B |
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| Packaging | 1 | $12B |
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Price history
-8.6% since first listed11 events — show timeline
- 2026-04-28 Relisted — IRMLS
- 2026-04-27 Relisted — MIBOR as Distributed by MLS Grid
- 2026-04-17 Pending — IRMLS
- 2026-04-17 Pending — MIBOR as Distributed by MLS Grid
- 2026-03-30 Relisted — IRMLS
- 2026-03-30 Relisted — MIBOR as Distributed by MLS Grid
- 2026-03-25 Pending — IRMLS
- 2026-03-25 Pending — MIBOR as Distributed by MLS Grid
- 2026-03-17 Listed $105,800 IRMLS
- 2026-02-23 Price Changed $105,800 MIBOR as Distributed by MLS Grid
- 2026-02-10 Listed $115,800 MIBOR as Distributed by MLS Grid
Property tax history
+13.8%/yrLatest (2024): $1,449 · +38.1% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…