$1,062

closing credit¹

450 E Masterson Ave Fort Wayne, IN 46803

$89,400
2 beds
2 full
0.06 acres
$58 / sqft
House

Property details

About 450 E Masterson Ave

Take a look at this DUPLEX near downtown! Split electric. Lower unit has dedicated furnace, top unit has electric baseboard heat. Needs some TLC but in it's present condition this property was generating $1600/month in gross rents a few weeks ago! Property is offered as is, cash offers only.

Highlights

Home typeSingle Family Residence
HeatingElectric, Natural Gas, Baseboard, Forced Air
StatusActive
CoolingWindow Unit(s)
Lot size0.06 Acres
Year built1920
MLS #202503084

Virtual tour

Summary

  • MLS Number: 202503084
  • Office Name: Real Hoosier
  • Listing Agent: Paul Ueber

IDX The data on this website relating to real estate for sale comes in part from the Internet Data Exchange (IDX) program of the Indiana Regional MLS (IRMLS). IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. ©2011-2025 Indiana Regional MLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/5/2025, 1:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

view of side of property

$89,400

450 E Masterson Ave

$1,062

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Nov 29, 2021
Home Sold
$64,500
Aug 13, 2021
Home Sold
$52,000
Jul 31, 2009
Home Sold
$23,000

Tax history

YearAssessmentProperty Tax
2023$70,200$1,604
2022$62,400$684
2021$45,300$684
2020$31,300$664
2019$30,500$491
2017$23,800$526

History based on county public records data.

Nearby schools

6

Weisser Park Elementary School

Public Magnet 1-5

0.9 mi

902 Colerick St

4

Fairfield Elementary School

Public District PK-5

0.9 mi

2825 Fairfield Ave

2

South Wayne Elementary School

Public District PK-5

1.1 mi

810 Cottage Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $23,525. Residents of Fort Wayne, IN typically earn less than $<35k each year. Most families are single, no kids. Most residents in this area have high school diploma education.

How much money do the neighbors make?

76%
<35k
19%
35k-100k
4%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

60%
Single, No Kids
21%
Single, with Kids
9%
Married, No Kids
10%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

21%
<11 yrs old
11%
12-17 yrs old
22%
18-34 yrs old
35%
35-64 yrs old
11%
65+ yrs old

What do the neighbors do for fun?

  • UFCUFC
  • NHRA Drag RacingNHRA Drag Racing
  • Pro BoxingPro Boxing

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • Big LotsBig Lots
  • BurlingtonBurlington

Where do the neighbors go to eat?

  • Burger KingBurger King
  • Golden CorralGolden Corral
  • PopeyesPopeyes

What do the neighbors drive?

  • BuickBuick
  • KiaKia
  • DodgeDodge

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • Adult StandardsAdult Standards
  • JazzJazz
All data provided by Home Junction and Claritas

Similar homes for sale

Frequently asked questions

About 450 E Masterson Ave

This home is located at 450 E Masterson Ave in Fort Wayne, IN and zip code 46803 in the LaRez neighborhood. This home, which was built in 1920, sits on a 0.06 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since January 31, 2025 and is currently priced at $89,400.

Over 31 listings were sold over their listed price in January 2025 in Fort Wayne, IN. In the same period over 123 listings were sold below the listed price and 74 listings were sold for the listed price. The inventory of homes for sale in Fort Wayne, IN between December and January 2025 increased by 0.1%. Listings spent 23 days on the market in January 2025, and had a median list price of $238,700 during the same period.

From Rocket Homes Real Estate and based on county public records data.

More resources