3109 Central Dr, Fort Wayne, IN, 46806
About This Home
3109 Central ***POTENTIAL LAND CONTRACT WITH STRONG DOWNPAYMENT*** This 2-bedroom, 1-bath rental property is currently RENTED with a month to month lease and generating $750 per month in rental income, with ALL UTILITIES PAID BY THE TENANT for added investment efficiency. The property includes a refrigerator and oven/range, along with a newer roof for additional peace of mind. A 2-car detached garage, driveway parking, and a full basement provide extra storage and functionality that continue to appeal to tenants. Conveniently located near McMillen Park and Weisser Park, and within 5 minutes of shopping and dining, this property offers a strong combination of location and steady cash flow. For investors seeking additional scale, this property can also be included as part of a 5-unit single-family investment package for expanded portfolio potential: 3109 Central Dr, 2822 Central Dr, 4145 Plaza Dr, 3423 S Anthony Blvd, 3714 Smith St
Getting Around
Car-Dependent
Some Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1927
Materials
- Construction materials: Vinyl Siding
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Basement
- Has basement: Yes
- Basement: Full,Unfinished
Bedroom1
- Level: Main
Bedroom2
- Level: Main
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bedrooms: 2
Features
- Finished area below ground: 0
- Finished area above ground: 825
Heating & Cooling
- Heating features: Natural Gas,Forced Air
- Cooling features: None
Interior Area
- Total structure area: 1,650
- Total interior livable area: 825 sqft
Property
Details
- Parcel number: 021318179003.000074
Features
- Levels: One
- Stories: 1
Lot
- Lot size: 5,227 sqft
- Features: Level
- Lot size dimensions: 40x130
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
- Winter Weather
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 | $505 | $6,060 |
| Home Insurance * | $92 | $1,104 |
| Property Taxes | $186 | $2,232 |
| Electricity | $184 | $2,212 |
| Total | $967 | $11,604 |
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)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-11 | Price change | $94,900 |
| 2026-08-11 | Price change | $449,900 |
| 2026-08-11 | Price change | $94,900 |
| 2026-06-17 | Price change | $99,900 |
| 2026-06-16 | Price change | $499,900 |
| 2026-06-16 | Listed for sale | $99,900 |
| 2016-02-22 | Listing removed | $475 |
| 2016-02-01 | Price change | $475 |
| 2015-11-30 | Listed for rent | $495 |
| 2014-05-20 | Listing removed | $26,882 |
| 2014-03-21 | Listed for sale | $26,882 |
| 2009-06-02 | Listing removed | $27,500 |
| 2009-05-23 | Listed for sale | $27,500 |
| 2008-12-18 | Listing removed | $24,900 |
| 2008-08-08 | Listed for sale | $24,900 |
View on Zillow