1220 Fairfield Ave, Fort Wayne, IN, 46802
About This Home
Completely renovated from top to bottom, this exceptional downtown property offers a rare two-unit setup in an unbeatable location. Perfectly situated between Parkview Field and Electric Works, you’re right in the heart of Fort Wayne’s most vibrant dining, entertainment, and employment hubs. The main level features a fully updated 2-bed, 1.5-bath apartment, while the upper level offers a spacious 3-bed, 2-bath apartment. Both units have been thoughtfully redesigned with modern finishes throughout, brand new appliances, their own laundry closets, and private balconies for outdoor enjoyment. A large covered front porch adds even more shared outdoor space and curb appeal. With nothing left untouched in the remodel, this property presents a true turn-key opportunity. Whether you choose to rent both units or live in one while generating income from the other, the flexibility and location make this an outstanding investment in downtown living.
Getting Around
Very Walkable
Good Transit
Very BikeableSchools
Construction
Condition
- Year built: 1900
Materials
- Construction materials: Brick,Vinyl Siding
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Range/Oven Hook Up Gas
- Laundry features: Dryer Hook Up Gas/Elec,Main Level,Washer Hookup
Basement
- Has basement: Yes
- Basement: Full,Unfinished
Bedroom1
- Level: Main
Bedroom2
- Level: Main
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
- Main level bedrooms: 2
Features
- Breakfast Bar,Bookcases,Ceiling Fan(s),Eat-in Kitchen,Entrance Foyer,Kitchen Island,Natural Woodwork,Open Floorplan,Stand Up Shower,Custom Cabinetry
- Number of fireplaces: 1
- Fireplace features: Living Room
- Fireplace: Yes
- Finished area below ground: 0
- Finished area above ground: 3,320
Heating & Cooling
- Heating features: Natural Gas,Forced Air
- Cooling features: Central Air
Interior Area
- Total structure area: 5,312
- Total interior livable area: 3,320 sqft
Kitchen
- Level: Main
- Area: 110
Living Room
- Level: Main
- Area: 323
Property
Details
- Parcel number: 021211129027.000074
Features
- Levels: Two and Half Story
- Stories: 2
- Patio & porch: Porch Covered
- Exterior features: Balcony
Lot
- Lot size: 6,969 sqft
- Features: Level
- Lot size dimensions: 149x46
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Inland Flooding
- Strong Wind
- Tornado
How This Home’s Risks Compare
FEMA Declared Disasters Across Indiana Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,477 | $29,724 |
| Home Insurance * | $373 | $4,476 |
| Property Taxes | $561 | $6,732 |
| Electricity | $304 | $3,652 |
| Total | $3,715 | $44,580 |
Income You'd Need if You Spent...
Indiana FAIR Plan Programs
Indiana Basic Property Insurance Underwriting Association
Wildfire
HailWindHow Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-02-23 | Price change | $499,900 |
| 2025-12-26 | Listed for sale | $550,000 |
| 2022-08-03 | Sold | $200,000 |
| 2022-07-25 | Pending sale | $280,000 |
| 2022-06-23 | Price change | $280,000 |
| 2022-05-25 | Listed for sale | $299,000 |
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