NOT LISTED FOR SALE

116 Elderwood Ct Fort Wayne, IN 46845

Estimated Value: $486,000 - $567,000

3 Beds
2 Baths
2,204 Sq Ft
$25/mo HOA Fee

Last Sold July 17, 2023

Last sale price $495,000 $225 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,988/month

9 Days on Market

Highlights

  • 88 Feet of Waterfront
  • Access To Lake
  • Open Floorplan
  • Cedar Canyon Elementary School Rated A-
  • Primary Bedroom Suite
  • ENERGY STAR Certified Homes

About This Home

As of July 2023

This open concept Timber Ridge villa is a true turnkey in all ways, down to the last detail. Floor plan is a split bedroom ranch that adds a morning room and an 8' x 17' covered porch. All bedrooms and closets are generously sized. A walk-in pantry compliments an abundance of custom kitchen cabinetry. The homeowners added cabinets and workbench in the garage. Upgraded finishes include Anderson windows, 2" x 6" exterior walls, eggshell paint, Hunter Douglas window treatments, grant cabinet tops, tray ceilings and plenty of crown molding. Association dues, villa maintenance fees, and property taxes are all very reasonable. All essential services are nearby, including the Fort Wayne Area Trails network, schools and I-69 interchanges. Simply move into this beautiful, light and airy, ready-to-go villa. Open house 1-4 p.m. April 23.

Last Agent to Sell the Property

Jerry Hakes

North Eastern Group Realty Listed on: 04/18/2023

North Eastern Group Realty

Last Buyer's Agent

Leah Marker

Mike Thomas Assoc., Inc

Mike Thomas Assoc., Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,223

Year Built

  • Built in 2019

Lot Details

  • 88 Feet of Waterfront
  • Backs to Open Ground
  • Cul-De-Sac
  • Landscaped
  • Sloped Lot
  • Irrigation

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Cabin
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof
  • Stone Exterior Construction
  • Vinyl Construction Material

Interior Spaces

  • 2,204 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Wired For Data
  • Crown Molding
  • Tray Ceiling
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Gas Log Fireplace
  • ENERGY STAR Qualified Windows with Low Emissivity
  • Insulated Windows
  • Pocket Doors
  • ENERGY STAR Qualified Doors
  • Insulated Doors
  • Entrance Foyer
  • Great Room
  • Living Room with Fireplace
  • Utility Room in Garage
  • Pull Down Stairs to Attic
  • Prewired Security

Kitchen

  • Walk-In Pantry
  • Oven or Range
  • Kitchen Island
  • Laminate Countertops
  • Built-In or Custom Kitchen Cabinets
  • Utility Sink
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Split Bedroom Floorplan
  • Walk-In Closet
  • In-Law or Guest Suite
  • 2 Full Bathrooms
  • Double Vanity
  • Bathtub with Shower

Laundry

  • Laundry on main level
  • Washer Hookup

Eco-Friendly Details

  • Energy-Efficient HVAC
  • Energy-Efficient Insulation
  • Energy-Efficient Doors
  • ENERGY STAR Certified Homes
  • ENERGY STAR Qualified Equipment for Heating
  • Energy-Efficient Thermostat

Outdoor Features

  • Access To Lake
  • Lake, Pond or Stream
  • Covered Patio or Porch

Schools

  • Cedar Canyon Elementary School
  • Maple Creek Middle School
  • Carroll High School

Utilities

  • Forced Air Heating and Cooling System
  • ENERGY STAR Qualified Air Conditioning
  • High-Efficiency Furnace
  • Heating System Uses Gas
  • ENERGY STAR Qualified Water Heater
  • Multiple Phone Lines
  • Cable TV Available

Additional Features

  • ADA Inside
  • Suburban Location

Listing and Financial Details

  • Assessor Parcel Number 02-02-16-452-021.000-058

Community Details

Overview

  • Timber Ridge Subdivision

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,223

Year Built

Built in 2019

Lot Details

0

HOA Fees

$25 per month

Parking

3

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Condo/Villa
  • Waterfront: Yes
  • Year Built: 2019
  • Style: One Story
  • Architectural Style: Cabin/Cottage
  • Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Villas at Timber Ridge Lot 20
  • Parcel Number ID: 02-02-16-452-021.000-058
  • Platted: Yes
  • Amenities: 1st Bdrm En Suite, ADA Features, Attic Pull Down Stairs, Cable Ready, Ceiling-9+, Ceiling-Tray, Ceiling Fan(s), Closet(s) Walk-in, Countertops-Laminate, Countertops-Solid Surf, Crown Molding, Detector-Carbon Monoxide, Detector-Smoke, Disposal, Foyer Entry, Garage Door Opener, Guest Quarters, Irrigation System, Kitchen Island, Landscaped, Multiple Phone Lines, Near Walking Trail, Open Floor Plan, Pantry-Walk In, Pocket Doors, Porch Covered, Range/Oven Hk Up Gas/Elec, Split Br Floor Plan, Twin Sink Vanity, Utility Sink, Wiring-Data, Wiring-Security System, Tub/Shower Combination, Main Level Bedroom Suite, Great Room, Main Floor Laundry, Washer Hook-Up, Custom Cabinetry, Garage Utilities
  • Location: City/Town/Suburb
  • Road Surface: Paved
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 2204
  • Total Finished Sq Ft: 2204
  • Above Grade Finished Sq Ft: 2204
  • Basement Foundation: Slab
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm, Gas Log, One, Vented
  • Fireplace: Yes
  • Flooring: Carpet, Laminate, Tile
  • Living Great Room: Dimensions: 18x19, On Level: Main
  • Kitchen: Dimensions: 15x12, On Level: Main
  • Breakfast Room: Dimensions: 13x12, On Level: Main
  • Extra Room: Morning Room, Dimensions: 12x12, On Level: Main
  • Bedroom 1: Dimensions: 15x16, On Level: Main
  • Bedroom 2: Dimensions: 12x14, On Level: Main
  • Bedroom 3: Dimensions: 12x14, On Level: Main
  • Number of Main Level Full Bathrooms: 2

Exterior Features

  • Exterior: Brick, Stone, Vinyl
  • Roof Material: Shingle
  • Outbuilding1: None
  • Water Features: Walk to Lake Access
  • Water Frontage: 88

Garage/Parking

  • Driveway: Concrete
  • Garage Type: Attached
  • Garage Number Of Cars: 3
  • Garage Size: Dimensions: 22x32
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: REMC
  • Gas Company: NIPSCO
  • Hvac: Ceiling Fan, Energy Star A/C, Energy Star Heating, High Efficiency Furnace
  • Water Type: Pond

Condo/Co-op/Association

  • Association Restrictions: Yes
  • Association Fees: 300
  • Association Fees Frequency: Annually
  • Common Amenities: Sidewalks
  • Other Fee Description: Maintenance
  • Other Fees Dollar: 2400

Schools

  • Elementary School: Cedar Canyon

Green Features

  • Energy Efficient: Doors, HVAC, Insulation, Thermostat/Controllers, Water Heater, Windows
  • Energy Efficient Windows/Doors: Energy Star Doors, Energy Star Windows, Insulated Doors, Insulated Glass Windows, Low Emittance Doors/Win
  • Green Certifications: Energy Star

Lot Info

  • Lot Description: Cul-De-Sac, Slope, Waterfront
  • Lot Dimensions: 88x139

Tax Info

  • Annual Taxes: 3223
  • Exemptions: Homestead, Mortgage

Multi Family

  • Water Access: Frontage Lot

MLS Schools

  • High School: Carroll
  • Middle School: Maple Creek
  • School District: Northwest Allen County

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2023
Closed on
Jul 12, 2023
Sold by
Muka Family Living Trust
Bought by
Gotsch Stephen L and Gotsch Nanette K
Seller's Agent
Jerry Hakes
North Eastern Group Realty
Buyer's Agent
Leah Marker
Mike Thomas Assoc., Inc
List Price
$509,900
Sold Price
$495,000
Premium/Discount to List
-$14,900
-2.92%
Views
17
Current Estimated Value
$510,202

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,202
Avg. Annual Appreciation
1.20%

Purchase Details

Closed on
Oct 20, 2020
Sold by
Muka Michael G and Muka Irene E
Bought by
Muka Michael G and Muka Irene E

Purchase Details

Listed on
Oct 8, 2019
Closed on
Nov 22, 2019
Sold by
Quality Crafted Homes Inc
Bought by
Muka Michael G and Muka Irene E
Seller's Agent
Tyler Kees
Keller Williams Realty Group
Buyer's Agent
Douglas Lucas
Coldwell Banker Real Estate Group
List Price
$384,900
Sold Price
$384,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.66%
Original Mortgage
$307,920
Interest Rate
3.5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Gotsch Stephen L $495,000 Metropolitan Title
Muka Michael G -- None Available
Muka Michael G $409,533 Metropolitan Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Muka Michael G $307,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/17/2023 07/17/23 Sold $495,000 -2.9% $225 / Sq Ft
04/27/2023 04/27/23 Pending -- -- --
04/18/2023 04/18/23 For Sale $509,900 +32.5% $231 / Sq Ft
11/20/2019 11/20/19 Sold $384,900 0.0% $175 / Sq Ft View Prior Sale
10/21/2019 10/21/19 Pending -- -- --
10/08/2019 10/08/19 For Sale $384,900 -- $175 / Sq Ft
Source: Indiana Regional MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,731 $447,800 $63,300 $384,500
2024 $3,731 $448,200 $63,300 $384,900
2022 $3,223 $394,000 $63,300 $330,700
2021 $3,171 $364,700 $63,300 $301,400
2020 $3,091 $344,200 $63,300 $280,900
2019 $68 $1,000 $1,000 $0
2018 $68 $1,000 $1,000 $0
2017 $69 $1,000 $1,000 $0
2016 -- $1,000 $1,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202311735

Indiana Regional MLS

APN: 02-02-16-452-021.000-058