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Property profile & analytics
OFF-MARKET
Residential income homes
2002 Calhoun St Fort Wayne, IN 46802-6412
Entity Owned
7-yr Hold
Free & Clear
Property ID
US31-3294033
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1950
Construction
WOOD
Total area
8,902 SF
Lot
0.17 ac (7,505 SF)
APN
02-12-11-406-012.000-074
UPID
US31-3294033
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
2020 INCOME TAX LLC Tax Preparation Social Service Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Hong Kim Corp · 7 yrs held
Hong Kim Corp
since 2018
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Fort Wayne submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fort Wayne submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$3,052
Tax year 2023
Assessed value
$122,500
Assessed 2023
Previous assessed
$122,500
+0.0% YoY
Effective rate
2.49%
On assessed value
Assessed land
$11,300
Assessed improvement
$111,200
Land market value
$11,300
Improvement market value
$111,200
Total market value
$122,500
Applied tax rate
91.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Status
Off-Market
Year built
1950
Construction
WOOD
Heating
NONE
Stories
3
Units
3
Total area
8,902 SF
Lot
0.17 ac (7,505 SF)
APN
02-12-11-406-012.000-074
UPID
US31-3294033
Jurisdiction
ALLEN
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1950
Construction
WOOD
Heating
NONE
Stories
3
Units
3
Lot
0.17 ac
Current owner
From public records · entity-resolved
Hong Kim Corp
Entity
Free & Clear · 7 yrs held
Mailing address
11929 CROSSWAY DR, FORT WAYNE, IN 46814-9150
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 24, 2018
—
Hong Kim Corp
1932 S Calhoun St LLC
Deed
—
Dec 7, 2017
$88,000
Hong Kim Corporation
Hp Corporation
Deed
—
Dec 5, 2016
$88,000
Cantract Is Houng Kim Corpration
Contract Is Ph Corporation
Deed
—
Jul 13, 2016
—
H P Corporation
Hoang Restaurant Corporation
Deed
—
Jul 13, 2016
$47,500
H P Corporation
Hoang Restaurant Corporation
Deed
—
Apr 13, 2016
—
1932 S Calhoun St LLC
Allen County Community Development
Quit Claim Deed
related
—
Feb 26, 2014
—
Freddy Munoz
Equitypoint Management INC
Quit Claim Deed
related
—
Jul 24, 2012
—
Equitypoint Management INC
Equitypoint Funding LLC
Warranty Deed
—
Dec 29, 2011
—
Equitypoint Funding LLC
Allen County Community Development
Quit Claim Deed
related
—
Apr 7, 2011
—
Allen County Community Development
Thanh V Nguyen
Public Action
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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