$1,781
closing credit¹
507 Madison St Fort Wayne, IN 46802
Property details
About 507 Madison St
This updated 2-story home, with over 2,000 sqft, offers versatility for living, house hacking, or converting into a duplex. Featuring 6 bedrooms, 2 full bathrooms, and an attached shed, it’s perfect for a large family or an investor. Updates include plaster flooring, fresh paint, new cabinets, and revamped bathrooms, kitchen, and basement. Conveniently located in downtown Fort Wayne near Indiana Tech. This property is currently rented to 2 separate tenants. Each with a 1 year lease. Each paying 1000.00 a month.
Highlights
(Back on Market)
Virtual tour
Summary
- MLS Number: 202424659
- Office Name: CENTURY 21 Bradley Realty, Inc
- Office Phone: (260) 246-1298
- Listing Agent: Tyler Dohner
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, 7:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$150,000
507 Madison St
$1,781
closing credit¹
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0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $42,400 | $969 |
| 2022 | $44,200 | $888 |
| 2021 | $33,100 | $888 |
| 2020 | $40,600 | $966 |
| 2019 | $44,400 | $1,177 |
| 2017 | $39,900 | $882 |
History based on county public records data.
Nearby schools
4
Bloomingdale Elementary School
Public District PK-5
1.1 mi
•1300 Orchard St
5
Washington Elementary School
Public District PK-5
1.1 mi
•1015 W Washington Blvd
4
Forest Park Elementary School
Public District PK-5
1.3 mi
•2004 Alabama Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $31,279. Residents of Fort Wayne, IN typically earn less than $<35k each year. Typical family type is single, no kids. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
UFC- Pro Boxing
NHRA Drag Racing
Where do the neighbors shop?
Family Dollar
Burlington
Big Lots
Where do the neighbors go to eat?
Burger King
Popeyes
Golden Corral
What do the neighbors drive?
Buick
Dodge
Kia
What do the neighbors listen to?
Urban Contemporary
Adult Standards
Jazz
Frequently asked questions
About 507 Madison St
This home is located at 507 Madison St in Fort Wayne, IN and zip code 46802 in the East Central neighborhood. This home, which was built in 1925, sits on a 0.10 acre lot. Features: 6 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 3, 2024 and is currently priced at $150,000.
Fort Wayne, IN housing market in January 2025 saw over 31 listings sold above listed price, more than 74 sold at listed price and over 123 sold below. Between December and January 2025, Fort Wayne, IN real estate market has seen increase in the number of listings by 0.1%. In January 2025 median list price was $238,700 and the average listing age was 23 days.