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1220 Colerick St, Fort Wayne, IN, 46806

2beds
1baths
1,032sqft
$120,000
$116price/sqft
$1,030/moest. monthly cost
$41,200/yrincome needed

About This Home

Freshly updated and move-in ready, this 2-bedroom, 1-bath home combines modern updates with classic character. Step inside to bright living and dining areas with new flooring, crisp paint, and elegant lighting, flowing into a fully renovated kitchen featuring new cabinetry, countertops, backsplash, and appliances. The stylish bathroom offers a sleek corner shower, updated vanity, and contemporary finishes, while both bedrooms provide spacious comfort with plenty of natural light. A convenient main-level laundry area and a large, clean basement add functionality and storage. Outside, enjoy the welcoming covered front porch, vinyl siding, and a partially fenced backyard with alley access. With its fresh updates, efficient layout, and affordable value, this home is an excellent opportunity for both homeowners and investors.

Getting Around

53
WalkingSomewhat Walkable
36
TransitSome Transit
47
BikeSomewhat Bikeable

Schools

7/10
4/10
Shawnee Middle SchoolGrades 6-86.2 mi
3/10
Northrop High SchoolGrades 9-126.2 mi

Construction

Condition

  • Year built: 1925

Materials

  • Construction materials: Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Refrigerator,Washer,Dryer-Electric,Gas Range

Basement

  • Has basement: Yes
  • Basement: Crawl Space,Unfinished

Bedroom1

  • Level: Upper

Bedroom2

  • Level: Upper

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Dining Room

  • Level: Main
  • Area: 110

Features

  • Finished area below ground: 0
  • Finished area above ground: 1,032

Heating & Cooling

  • Heating features: Natural Gas,Forced Air
  • Cooling features: None

Interior Area

  • Total structure area: 1,512
  • Total interior livable area: 1,032 sqft

Kitchen

  • Level: Main
  • Area: 120

Living Room

  • Level: Main
  • Area: 176

Property

Details

  • Parcel number: 021213211013.000074

Features

  • Levels: Two
  • Stories: 2

Lot

  • Lot size: 2,178 sqft
  • Features: Level
  • Lot size dimensions: 30X73

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

  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Strong Wind
Tornado
Winter Weather

FEMA Declared Disasters Across Indiana Counties

Flood
Severe Storm
Snowstorm
Straight Line Winds
Tornado

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

MonthlyAnnual
Mortgage $606$7,272
Home Insurance *$111$1,332
Property Taxes $129$1,548
Electricity $184$2,212
Total$1,030$12,360
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$35,314/yr
40% on housing$30,900/yr
45% on housing$27,466/yr

Indiana FAIR Plan Programs

Indiana Basic Property Insurance Underwriting Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 810Commercial: 30
Total Premiums$1.77M
Total Exposure$1.82M

How 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.

Insurance Growth Rate5-year average: 9.4%
9.4%
0%30.0%
Electricity Growth Rate10-year average: 6.1%
6.1%
0%15.0%
Property Taxes Growth Rate2-year average: 5.1%
5.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$116This listing

vs Other Active Listings

Avg $/sqft

ZIP 46806$77
Allen County$137

vs Homes Sold Last Month

Median $/sqft

ZIP 46806$110
Allen County$139

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

DateEventPrice
2025-11-06Price change$120,000
2025-09-13Listed for sale$130,000
2025-08-05Sold$50,000
2025-07-24Pending sale--
2025-07-24Listing removed--
2023-06-28Sold$113,000
2023-05-29Pending sale$110,000
2023-04-20Listed for sale$110,000
2019-06-13Sold$16,900
2019-05-07Price change$20,500
2019-04-16Listed for sale$21,000
2003-07-30Sold$10,000
2003-03-18Sold$27,000

For Sale by Agent

AgentSabrina Phyo
BrokerageUptown Realty Group

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