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Investment Highlights
- Foreclosure Sale - Online Bidding Only
- Located in Fort Wayne's Old West End Historic District
Executive Summary
Rare investment opportunity in Fort Wayne’s Old West End Historic District! This offering includes an 8-unit multifamily building plus a 2-unit carriage house, providing a total of 10 units. All units are currently vacant, giving the new owner a fresh start to reposition, renovate, or lease up according to their strategy. The property features spacious units and is ideally situated on the west side of downtown Fort Wayne, directly across the street from Lutheran Downtown Hospital. This prime location offers excellent accessibility to downtown amenities, employers, and entertainment, making it highly attractive for future tenants.
BIDDER REGISTRATION:
All prospective bidders must be pre-approved to bid.
Prospective bidders seeking approval must submit the following items no later than July 14, 2026:
Click Sign Up, and create an account
Request Authorization and e-sign the Purchase and Sale Agreement
AUCTION DATES / TIMES:
Auction Starts: Bidding is open
Auction Ends: July 15, 2026 @ 2pm ET
Online bidding only
SALE TERMS:
A 10% (ten percent) Buyer's Premium will be added to the highest acceptable bid to determine the final purchase price.
Property is sold AS-IS, WHERE-IS.
Taxes prorated to the day of closing.
Financing contingencies are not permitted.
Inspection contingencies are not permitted.
All bids are final. No bid can be withdrawn or amended.
Winning bidder must wire a ten percent (10%) deposit to escrow holder by 11am ET July 16, 2026.
Closing must occur on or before August 14, 2026
Photos, marketing comments, and due diligence items are provided for guidance purposes only. All information provided is believed to be true, but cannot be guaranteed or warranted. It is up to the bidder to verify occupancy, due diligence reports and any / all code violations prior to bidding, to the extent any exist. BY BIDDING ON THIS PROPERTY, THE BIDDER REPRESENTS THEY HAVE INDEPENDENTLY VERIFIED ALL INFORMATION AND HAVE MADE THE DECISION TO BID BASED UPON THEIR OWN INVESTIGATION.
Property Information and Showings
To schedule a tour, please contact James Fanger at 260.450.1212 or fangerreo@gmail.com
Property is being sold by Jeffrey Lane, Indiana Auction License No. AU12200026
BIDDER REGISTRATION:
All prospective bidders must be pre-approved to bid.
Prospective bidders seeking approval must submit the following items no later than July 14, 2026:
Click Sign Up, and create an account
Request Authorization and e-sign the Purchase and Sale Agreement
AUCTION DATES / TIMES:
Auction Starts: Bidding is open
Auction Ends: July 15, 2026 @ 2pm ET
Online bidding only
SALE TERMS:
A 10% (ten percent) Buyer's Premium will be added to the highest acceptable bid to determine the final purchase price.
Property is sold AS-IS, WHERE-IS.
Taxes prorated to the day of closing.
Financing contingencies are not permitted.
Inspection contingencies are not permitted.
All bids are final. No bid can be withdrawn or amended.
Winning bidder must wire a ten percent (10%) deposit to escrow holder by 11am ET July 16, 2026.
Closing must occur on or before August 14, 2026
Photos, marketing comments, and due diligence items are provided for guidance purposes only. All information provided is believed to be true, but cannot be guaranteed or warranted. It is up to the bidder to verify occupancy, due diligence reports and any / all code violations prior to bidding, to the extent any exist. BY BIDDING ON THIS PROPERTY, THE BIDDER REPRESENTS THEY HAVE INDEPENDENTLY VERIFIED ALL INFORMATION AND HAVE MADE THE DECISION TO BID BASED UPON THEIR OWN INVESTIGATION.
Property Information and Showings
To schedule a tour, please contact James Fanger at 260.450.1212 or fangerreo@gmail.com
Property is being sold by Jeffrey Lane, Indiana Auction License No. AU12200026
Property Facts
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 10 | - | - |
1 1
Moderately walkable
60/100
Fairly drivable
50/100
Limited public transit
30/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 02-12-02-358-004.000-074 | Improvements Assessment | $405,000 |
| Land Assessment | $0 | Total Assessment | $405,000 |
Property Taxes
Parcel Number
02-12-02-358-004.000-074
Land Assessment
$0
Improvements Assessment
$405,000
Total Assessment
$405,000
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