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3102 Alexander St, Fort Wayne, IN, 46806

6beds
4baths
2,212sqft
$325,000
$147price/sqft
$2,803/moest. monthly cost
$112,120/yrincome needed

About This Home

Step into modern comfort with this newly constructed duplex, thoughtfully designed for both style and functionality. Featuring 3 bedrooms and 1.5 bathrooms per unit, this property is perfect for families, first-time buyers, or savvy investors. This duplex isn’t just a home—it’s an opportunity. Live comfortably in one unit while renting out the other to help offset your mortgage. It’s an ideal setup for those looking to build equity while reducing monthly costs. Looking for more flexibility? Consider multigenerational living, short-term or long-term rental income, or even a home office setup with separate space for privacy and productivity. The possibilities are wide open. Built with quality craftsmanship and energy-efficient features, this low-maintenance property is designed for long-term value and ease of ownership. Whether you're looking to move in, invest, or both, this duplex delivers exceptional versatility and financial potential. Don’t miss your chance to own a brand-new property that blends modern living with smart income opportunities.

Getting Around

35
WalkingCar-Dependent
35
TransitSome Transit
34
BikeSomewhat Bikeable

Schools

3/10
Lane Middle SchoolGrades 6-83.8 mi
7/10

Construction

Condition

  • New construction: Yes
  • Year built: 2026

Materials

  • Construction materials: Vinyl Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Duplex

Interior

Basement

  • Basement: None

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 4
  • Full bathrooms: 2
  • 1/2 bathrooms: 2

Features

  • Flooring: Other
  • Finished area below ground: 0
  • Finished area above ground: 2,212

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,212
  • Total interior livable area: 2,212 sqft

Property

Details

  • Parcel number: 021318180008.000074

Features

  • Levels: Two
  • Stories: 2

Lot

  • Lot size: 4,791 sqft
  • Features: Corner Lot
  • Lot size dimensions: 38 x 130

Parking

  • Total spaces: 2
  • Parking features: Off Street Parking

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

How This Home’s Risks Compare

Inland Flooding
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 $1,643$19,716
Home Insurance *$302$3,624
Property Taxes $656$7,872
Electricity $202$2,433
Total$2,803$33,636
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$96,102/yr
40% on housing$84,090/yr
45% on housing$74,746/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

$147This listing

vs Other Active Listings

Avg $/sqft

ZIP 46806$75
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
2026-04-15Listed for sale$325,000

New Construction

AgentMelissa Clopton
BrokerageRealty ONE Group Envision

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