345 W Packard Ave · Fort Wayne, IN
Flood risk 6/10 · Moderate
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.72%
- 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 C 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 +19.0/30.0
- ARV discount +15.0/15.0
- 1% rule +6.2/10.0
- DSCR +6.0/10.0
- Rent growth +4.6/5.0
- Livability +4.2/5.0
- Condition / age +2.5/5.0
- Schools +2.2/10.0
- Appreciation +0.0/10.0
$100,000
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Prime location in the prestigious ’07! This home features a spacious living room with classic wood trim detail throughout, open kitchen and sizable bedrooms. Enjoy the fenced in backyard and easy access to Packard Park, Friendly Fox, Clyde Theatre, and the 07 Pub! Home priced with consideration for repairs. Opportunity for buyers willing to add value.
Key facts
- Fenced in backyard
- 5,922 sq ft lot
- 2 garage spots
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/1.5-bath single-family listed at $100k.
Deal economics
- At list price, monthly cash flow is $105 ($1k/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: $88k (12.0% below list) — sets the bar for market timing.
- Cap rate 7.6% 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: Rents rising fast (+8.2%/yr); 94 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 21d on market — plan ~3-4 weeks tenant-placement turnaround); 1,861 units permitted in Allen County in 2024 (576 in 5+ unit buildings).
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $691 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
- Allen County population projected at +10% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
- At projected returns (-3.0% appreciation + 8.0% rent growth), your $28k cash investment doubles in ~9 years — after that, you're playing with house money.
Negotiation context
- It's been on market 169 days — a 12% lower offer ($88k) is reasonable based on typical stale-listing flexibility.
- 7 sale attempts since 3y ago; this cycle's ask has dropped $20k (17%) from the opening price — seller is motivated, your offer sets the floor, not the list.
Risks & watch-outs
- Watch-outs: property tax is 2.6% of price; built in 1910 — expect roof / HVAC / electrical / plumbing capex.
- Climate carrying-cost: major flood risk — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- It's been on market 169 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
- Built in 1910 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
- 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
- 1.12% ✓
- Cap rate
- 7.55%
- Cash-on-cash
- 4.50%
- DSCR
- 1.20
- GRM
- 7.4
CMA / ARV
- ARV (median comp)
- $164,558
- List price
- $100,000
- Delta
- -39.23%
- Verdict
- UNDERPRICED
- Comps
- 20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 528 Dayton Ave | 0.27mi | 3/1.0 | 1,152 (-5%) | 0mo | $186,000 | $161 | 76 |
| 322 W Rudisill Blvd | 0.32mi | 3/1.0 | 1,256 (+3%) | 2mo | $74,900 | $60 | 76 |
| 1014 Nuttman Ave | 0.53mi | 3/1.5 | 1,199 (-1%) | 2mo | $200,000 | $167 | 71 |
| 2806 Fox Ave | 0.49mi | 3/2.0 | 1,186 (-2%) | 0mo | $219,000 | $185 | 71 |
| 443 French Ave | 0.32mi | 3/1.0 | 1,344 (+10%) | 2mo | $124,000 | $92 | 64 |
| 2911 Broadway | 0.64mi | 3/1.0 | 1,236 (+2%) | 2mo | $129,000 | $104 | 64 |
| 721 W Oakdale Dr | 0.39mi | 3/1.5 | 1,344 (+10%) | 2mo | $190,000 | $141 | 63 |
| 3918 Fairfield Ave | 0.41mi | 3/1.5 | 1,072 (-12%) | 1mo | $180,000 | $168 | 60 |
| 4025 S Calhoun St | 0.53mi | 3/1.0 | 1,308 (+8%) | 2mo | $80,000 | $61 | 59 |
| 3602 Hanna St | 0.73mi | 3/1.5 | 1,268 (+4%) | 2mo | $120,000 | $95 | 57 |
| 445 E Wildwood Ave | 0.57mi | 3/1.0 | 1,352 (+11%) | 1mo | $135,000 | $100 | 52 |
| 4326 Fairfield Ave | 0.74mi | 3/2.0 | 1,300 (+7%) | 2mo | $195,000 | $150 | 50 |
Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.
Projected returns pro-forma
-3.0% appreciation · 8.0% rent growth · sell at horizon
- IRR
- -3.2%
- Equity multiple
- 0.87×
- Total profit
- $-3,510
- Equity at exit
- $14,910
- IRR
- 11.9%
- Equity multiple
- 2.17×
- Total profit
- $32,837
- Equity at exit
- $8,646
Cash invested: $28,000 (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 46807
- Rents YoY
- 8.2%
- Active inventory
- 94
- Price-to-rent
- 7.4×
Monthly cashflow live
- Estimated rent
- $1,122 high interval (Pro) →
- Mortgage (P&I)
- −$524
- Tax from tax record
- −$215 /mo · $2,579/yr
- Insurance
- −$42
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$236
- Net cashflow
- $105
Break-even live
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
- $25,000
- Closing costs
- $3,000
- 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 40 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 227 W Darrow Ave Fort Wayne, IN | 3.0 | 1.0 | 995 | $1,000 | $1.01 | 43d | 1 | 0.17mi |
| 3510 S Harrison St Fort Wayne, IN | 3.0 | 1.0 | 1248 | $975 | $0.78 | 13d | 1 | 0.20mi |
| 3008 Webster St Fort Wayne, IN | 3.0 | 1.0 | 1344 | $1,449 | $1.08 | 21d | 1 | 0.21mi |
| 309 W Leith St Unit 2 Fort Wayne, IN | 2.0 | 1.0 | 900 | $1,000 | $1.11 | 43d | 1 | 0.31mi |
| 418 W Rudisill Blvd Unit 2 Fort Wayne, IN | 2.0 | 1.0 | 768 | $975 | $1.27 | 21d | 1 | 0.33mi |
| 116 E Pontiac St Fort Wayne, IN | 3.0 | 1.5 | 1400 | $1,175 | $0.84 | 21d | 1 | 0.45mi |
| 2445 Fairfield Ave Fort Wayne, IN | 2.0 | 1.5 | 950 | $1,150 | $1.21 | 13d | 3 | 0.49mi |
| 907 Lincoln Ave Fort Wayne, IN | 2.0 | 1.0 | 1060 | $850 | $0.80 | 13d | 1 | 0.57mi |
| 442 E Wildwood Ave Fort Wayne, IN | 2.0 | 1.0 | 864 | $875 | $1.01 | 21d | 1 | 0.57mi |
| 3801 Lafayette St Fort Wayne, IN | 2.0 | 1.0 | 1116 | $995 | $0.89 | 13d | 1 | 0.59mi |
| 4018 S Clinton St Fort Wayne, IN | 3.0 | 1.0 | 860 | $1,000 | $1.16 | 21d | 1 | 0.60mi |
| 810 Huestis Ave Apt 1 Fort Wayne, IN | 2.0 | 1.0 | 749 | $925 | $1.23 | 21d | 1 | 0.64mi |
| 4201 S Wayne Ave Fort Wayne, IN | 3.0 | 1.5 | 1252 | $1,400 | $1.12 | 21d | 1 | 0.65mi |
| 824 Huestis Ave Apt C Fort Wayne, IN | 2.0 | 1.0 | 744 | $825 | $1.11 | 21d | 1 | 0.66mi |
| 451 E Pontiac St Fort Wayne, IN | 3.0 | 1.0 | 1308 | $1,050 | $0.80 | 43d | 1 | 0.69mi |
| 4126 Lafayette St Fort Wayne, IN | 2.0 | 1.0 | 775 | $1,275 | $1.65 | 43d | 1 | 0.72mi |
| 3201 Dinnen Ave Fort Wayne, IN | 2.0 | 1.0 | 986 | $999 | $1.01 | 13d | 1 | 0.73mi |
| 1235 Huestis Ave Unit A Fort Wayne, IN | 2.0 | 1.0 | 1040 | $950 | $0.91 | 43d | 1 | 0.80mi |
| 1320 Fay Dr Fort Wayne, IN | 2.0 | 1.0 | 792 | $800 | $1.01 | 13d | 1 | 0.83mi |
| 1322 Fay Dr Fort Wayne, IN | 2.0 | 1.0 | 792 | $950 | $1.20 | 21d | 1 | 0.84mi |
| 309 W Williams St Unit 1 Fort Wayne, IN | 2.0 | 1.0 | 900 | $900 | $1.00 | 21d | 1 | 0.84mi |
| 4331 Lafayette St Fort Wayne, IN | 2.0 | 1.0 | 810 | $925 | $1.14 | 13d | 1 | 0.85mi |
| 420 E Dewald St Fort Wayne, IN | 3.0 | 1.5 | 1472 | $1,300 | $0.88 | 43d | 1 | 0.86mi |
| 4121 Monroe St Fort Wayne, IN | 2.0 | 1.0 | 725 | $1,100 | $1.52 | 13d | 1 | 0.87mi |
| 2136 Miner St #2 Fort Wayne, IN | 2.0 | 1.0 | 850 | $1,200 | $1.41 | 43d | 1 | 0.88mi |
| 1353 Huestis Ave Fort Wayne, IN | 4.0 | 1.0 | 1328 | $1,300 | $0.98 | 13d | 1 | 0.90mi |
| 1360 Huestis Ave Fort Wayne, IN | 3.0 | 1.0 | 1056 | $1,080 | $1.02 | 13d | 1 | 0.92mi |
| 217 W Masterson Ave Fort Wayne, IN | 2.0 | 1.0 | 1100 | $995 | $0.90 | 21d | 1 | 0.93mi |
| 2430 Thompson Ave Fort Wayne, IN | 2.0 | 1.0 | 1197 | $975 | $0.81 | 13d | 1 | 0.94mi |
| 1342 Guthrie St Fort Wayne, IN | 3.0 | 1.0 | 1200 | $899 | $0.75 | 43d | 1 | 0.98mi |
| 1024 Colerick St Fort Wayne, IN | 4.0 | 1.0 | 1388 | $1,065 | $0.77 | 21d | 1 | 1.00mi |
| 1023 Hamilton Ave Fort Wayne, IN | 3.0 | 1.0 | 1152 | $1,075 | $0.93 | 13d | 1 | 1.02mi |
| 2133 Riedmiller Ave Fort Wayne, IN | 3.0 | 1.0 | 1056 | $1,050 | $0.99 | 21d | 1 | 1.07mi |
| 1104 Stophlet St Fort Wayne, IN | 3.0 | 1.5 | 1288 | $1,400 | $1.09 | 13d | 1 | 1.12mi |
| 4655 Avondale Dr Fort Wayne, IN | 2.0 | 1.0 | 768 | $875 | $1.14 | 43d | 1 | 1.12mi |
| 4405 S Park Dr Fort Wayne, IN | 2.0 | 1.0 | 1440 | $1,175 | $0.82 | 13d | 1 | 1.15mi |
| 4014 Oliver St Fort Wayne, IN | 3.0 | 1.0 | 936 | $1,050 | $1.12 | 13d | 1 | 1.16mi |
| 5009 Hoagland Ave Fort Wayne, IN | 2.0 | 1.0 | 1000 | $1,300 | $1.30 | 43d | 1 | 1.23mi |
| 859 Buchanan St Fort Wayne, IN | 1.0–4.0 | 1.0 | 887 | $1,074 | $1.21 | 21d | 1 | 1.24mi |
| 3009 Holton Ave Fort Wayne, IN | 3.0 | 1.0 | 1212 | $1,400 | $1.16 | 13d | 1 | 1.25mi |
Listing history 32 events
-
2026-06-18days on market $100,000 Active 169 DOM
-
2026-06-17days on market $100,000 Active 168 DOM
-
2026-06-16days on market $100,000 Active 167 DOM
-
2026-06-15days on market $100,000 Active 166 DOM
-
2026-06-14days on market $100,000 Active 164 DOM
-
2026-06-10days on market $100,000 Active 161 DOM
-
2026-06-09days on market $100,000 Active 160 DOM
-
2026-06-09status $100,000 Active 159 DOM
-
2026-06-08days on market $100,000 Active Under Contract 159 DOM
-
2026-06-07days on market $100,000 Active Under Contract 158 DOM
-
2026-06-03days on market $100,000 Active Under Contract 154 DOM
-
2026-06-02days on market $100,000 Active Under Contract 153 DOM
-
2026-06-01days on market $100,000 Active Under Contract 152 DOM
-
2026-05-31days on market $100,000 Active Under Contract 151 DOM
-
2026-05-30days on market $100,000 Active Under Contract 150 DOM
-
2026-05-17historical Active Under Contract 359-char remark
Show marketing remark (359 chars)
Prime location in the prestigious ’07! This home features a spacious living room with classic wood trim detail throughout, open kitchen and sizable bedrooms. Enjoy the fenced in backyard and easy access to Packard Park, Friendly Fox, Clyde Theatre, and the 07 Pub! Home priced with consideration for repairs. Opportunity for buyers willing to add value.
-
2026-04-13status Active 359-char remark
Show marketing remark (359 chars)
Prime location in the prestigious ’07! This home features a spacious living room with classic wood trim detail throughout, open kitchen and sizable bedrooms. Enjoy the fenced in backyard and easy access to Packard Park, Friendly Fox, Clyde Theatre, and the 07 Pub! Home priced with consideration for repairs. Opportunity for buyers willing to add value.
-
2026-04-11price $100,000 359-char remark
Show marketing remark (359 chars)
Prime location in the prestigious ’07! This home features a spacious living room with classic wood trim detail throughout, open kitchen and sizable bedrooms. Enjoy the fenced in backyard and easy access to Packard Park, Friendly Fox, Clyde Theatre, and the 07 Pub! Home priced with consideration for repairs. Opportunity for buyers willing to add value.
-
2026-03-27historical Active Under Contract 359-char remark
Show marketing remark (359 chars)
Prime location in the prestigious ’07! This home features a spacious living room with classic wood trim detail throughout, open kitchen and sizable bedrooms. Enjoy the fenced in backyard and easy access to Packard Park, Friendly Fox, Clyde Theatre, and the 07 Pub! Home priced with consideration for repairs. Opportunity for buyers willing to add value.
-
2026-03-23price $102,500 359-char remark
Show marketing remark (359 chars)
Prime location in the prestigious ’07! This home features a spacious living room with classic wood trim detail throughout, open kitchen and sizable bedrooms. Enjoy the fenced in backyard and easy access to Packard Park, Friendly Fox, Clyde Theatre, and the 07 Pub! Home priced with consideration for repairs. Opportunity for buyers willing to add value.
-
2026-03-06price $110,000 359-char remark
Show marketing remark (359 chars)
Prime location in the prestigious ’07! This home features a spacious living room with classic wood trim detail throughout, open kitchen and sizable bedrooms. Enjoy the fenced in backyard and easy access to Packard Park, Friendly Fox, Clyde Theatre, and the 07 Pub! Home priced with consideration for repairs. Opportunity for buyers willing to add value.
-
2026-02-27status Active 359-char remark
Show marketing remark (359 chars)
Prime location in the prestigious ’07! This home features a spacious living room with classic wood trim detail throughout, open kitchen and sizable bedrooms. Enjoy the fenced in backyard and easy access to Packard Park, Friendly Fox, Clyde Theatre, and the 07 Pub! Home priced with consideration for repairs. Opportunity for buyers willing to add value.
-
2026-02-18historical Active Under Contract 359-char remark
Show marketing remark (359 chars)
Prime location in the prestigious ’07! This home features a spacious living room with classic wood trim detail throughout, open kitchen and sizable bedrooms. Enjoy the fenced in backyard and easy access to Packard Park, Friendly Fox, Clyde Theatre, and the 07 Pub! Home priced with consideration for repairs. Opportunity for buyers willing to add value.
-
2026-02-08price $115,000 359-char remark
Show marketing remark (359 chars)
Prime location in the prestigious ’07! This home features a spacious living room with classic wood trim detail throughout, open kitchen and sizable bedrooms. Enjoy the fenced in backyard and easy access to Packard Park, Friendly Fox, Clyde Theatre, and the 07 Pub! Home priced with consideration for repairs. Opportunity for buyers willing to add value.
-
2026-02-03status Active 359-char remark
Show marketing remark (359 chars)
Prime location in the prestigious ’07! This home features a spacious living room with classic wood trim detail throughout, open kitchen and sizable bedrooms. Enjoy the fenced in backyard and easy access to Packard Park, Friendly Fox, Clyde Theatre, and the 07 Pub! Home priced with consideration for repairs. Opportunity for buyers willing to add value.
-
2026-01-21historical Active Under Contract 359-char remark
Show marketing remark (359 chars)
Prime location in the prestigious ’07! This home features a spacious living room with classic wood trim detail throughout, open kitchen and sizable bedrooms. Enjoy the fenced in backyard and easy access to Packard Park, Friendly Fox, Clyde Theatre, and the 07 Pub! Home priced with consideration for repairs. Opportunity for buyers willing to add value.
-
2026-01-20status Active 359-char remark
Show marketing remark (359 chars)
Prime location in the prestigious ’07! This home features a spacious living room with classic wood trim detail throughout, open kitchen and sizable bedrooms. Enjoy the fenced in backyard and easy access to Packard Park, Friendly Fox, Clyde Theatre, and the 07 Pub! Home priced with consideration for repairs. Opportunity for buyers willing to add value.
-
2026-01-20status Pending 359-char remark
Show marketing remark (359 chars)
Prime location in the prestigious ’07! This home features a spacious living room with classic wood trim detail throughout, open kitchen and sizable bedrooms. Enjoy the fenced in backyard and easy access to Packard Park, Friendly Fox, Clyde Theatre, and the 07 Pub! Home priced with consideration for repairs. Opportunity for buyers willing to add value.
-
2025-12-31$120,000 Active 359-char remark
Show marketing remark (359 chars)
Prime location in the prestigious ’07! This home features a spacious living room with classic wood trim detail throughout, open kitchen and sizable bedrooms. Enjoy the fenced in backyard and easy access to Packard Park, Friendly Fox, Clyde Theatre, and the 07 Pub! Home priced with consideration for repairs. Opportunity for buyers willing to add value.
-
2025-04-15$1,500
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2023-06-14price $125,000
-
2023-05-11$130,000 Active
ⓘ 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
- $2,579 · $215/mo
- Projected year-2 tax
- $2,579 · $215/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 6/10 Major FEMA zone X (unshaded) · 72% 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
- $13,460
- − Mortgage interest
- −$5,602
- − Property taxes
- −$2,579
- − Insurance
- −$500
- − Repairs & maintenance
- −$1,077
- − Management
- −$1,077
- − Depreciation
- −$2,909
- Taxable loss
- −$283
- Est. tax savings @ 24.0%
- +$68
- After-tax cash flow
- $1,329/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)
- 16,317
- Household income
- $58,685
- Rent vs Own
- Severe rent burden
- 680.0
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 0.66)
- Race & ethnicity
- White 54% Two or more races 19% Hispanic / Latino 16% Black 14% Asian 4%
- Hispanic origin (detail)
- Mexican 15%
- Common ancestry
- Slovak 3% Lithuanian 3% Romanian 2%
- Foreign-born
- 9% · Canada, Philippines, Jamaica
- Languages at home
- 82% English-only · Spanish 13% Other Asian/Pacific 4% German/W. Germanic 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
- ▼ -318.66%
- Current HPI
- 272.6238
- Rent YoY
- ▲ 8.24%
- 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 |
|
||
| Healthcare | 1 | $177B |
|
||
| Pharmaceuticals | 1 | $45B |
|
||
| Metals / Steel | 1 | $18B |
|
||
| Agriculture | 1 | $17B |
|
||
| Packaging | 1 | $12B |
|
||
Price history
-23.1% since first listed17 events — show timeline
- 2026-05-17 Contingent — IRMLS
- 2026-04-13 Relisted — IRMLS
- 2026-04-11 Price Changed $100,000 IRMLS
- 2026-03-27 Contingent — IRMLS
- 2026-03-23 Price Changed $102,500 IRMLS
- 2026-03-06 Price Changed $110,000 IRMLS
- 2026-02-27 Relisted — IRMLS
- 2026-02-18 Contingent — IRMLS
- 2026-02-08 Price Changed $115,000 IRMLS
- 2026-02-03 Relisted — IRMLS
- 2026-01-21 Contingent — IRMLS
- 2026-01-20 Relisted — IRMLS
- 2026-01-20 Pending — IRMLS
- 2025-12-31 Listed $120,000 IRMLS
- 2025-04-15 Listed for Rent $1,500 REDFIN
- 2023-06-14 Price Changed $125,000 IRMLS
- 2023-05-11 Listed $130,000 IRMLS
Property tax history
+20.3%/yrLatest (2024): $2,579 · +6.1% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…