NOT LISTED FOR SALE

Estimated Value: $362,000 - $440,000

4 Beds
2.5 Baths
2,407 Sq Ft
$172/Sq Ft Est. Value

Last Sold April 19, 2024

Last sale price $425,000 $177 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $2,321/month

22 Days on Market

Highlights

  • Custom Home
  • Waterfront
  • 3 Car Attached Garage
  • Homestead Senior High School Rated A
  • Lake, Pond or Stream
  • Forced Air Heating and Cooling System

About This Home

As of April 2024

Open Saturday March 9th from 12-2, come out and take a look. New 4 BR, 2 1/2 BA, 2407 SF two story, 3 car garage on a level pond lot. Located in SWAC school disrict in the Palmira Lakes neighborhood. The home features many upgrades with granite counter tops in the kitchen, 1/2 bath, and master bath. LVP through most of the first floor. Ceramic master bathroom shower, ceramic tile back splash with carpet throughout the large bedrooms. Trim details include built-ins in the greatroom with floating shelves, wainscoting in the den, feature wall in the the front bedroom, lockers in the back hall and a beautiful box newal railing with end caps. The first floor den was done with wainscoting and has a double French door with glass. The master bedroom ceiling has a trey ceiling with crown molding and features two walk-in closets. The closts were done by Closet Tamers and is set up for plenty of storage. The master and main bath both have twin sinks. The exterior front was done with James Hardie product and natual stone accents. The back of the home has a beautiful view of the pond from the back covered porch and a large free formed patio.

Last Agent to Sell the Property

Matthew Lancia

RE/MAX Results Brokerage Phone: 260-417-5553 Listed on: 02/20/2024

RE/MAX Results

Last Buyer's Agent

Christopher Will

Mike Thomas Assoc., Inc

Mike Thomas Assoc., Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,030

Year Built

  • Built in 2023

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 82x140x111x140
  • Waterfront
  • Level Lot
  • Property is zoned R1

HOA Fees

  • $29 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Custom Home
  • Traditional Architecture
  • Shingle Roof
  • Stone Exterior Construction
  • Cement Board or Planked
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Gas Log Fireplace

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Schools

  • Deer Ridge Elementary School
  • Woodside Middle School
  • Homestead High School

Utilities

  • Forced Air Heating and Cooling System
  • High-Efficiency Furnace
  • Heating System Uses Gas

Additional Features

  • Energy-Efficient Windows with Low Emissivity
  • Lake, Pond or Stream
  • Suburban Location

Community Details

  • Built by Matt Lancia Signature Homes
  • Palmira Lakes Subdivision

Listing and Financial Details

  • Assessor Parcel Number 02-11-05-226-013.000-038

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,030

Year Built

Built in 2023

Lot Details

0

HOA Fees

$29 per month

Parking

3

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 2023
  • Age: 1
  • Style: Two Story
  • Architectural Style: Traditional
  • Total Number of Rooms: 8
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 3
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Legal Description: Lot 12 Palmira Lakes
  • Parcel Number ID: 02-11-05-226-013.000-038
  • Platted: Yes
  • Builder Name: Matt Lancia Signature Homes
  • Cross Street: Lavante Cove
  • Location: City/Town/Suburb
  • New Construction: Custom
  • Road Access: County
  • Road Surface: Paved
  • Section Number: 1
  • Sp Lp Percent: 96.61
  • County Zoning: R1
  • Year Taxes Payable: 2023
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Total Sq Ft: 2407
  • Total Finished Sq Ft: 2407
  • Above Grade Finished Sq Ft: 2407
  • Price Per Sq Ft: 176.57
  • Number Of Fireplaces: 1
  • Fireplace: Gas Log
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl
  • Living Great Room: Dimensions: 16x23, On Level: Main
  • Kitchen: Dimensions: 10x16, On Level: Main
  • Dining Room: Dimensions: 11x16, On Level: Main
  • Den: Dimensions: 10x12, On Level: Main
  • Bedroom 1: Dimensions: 15x16, On Level: Upper
  • Bedroom 2: Dimensions: 11x12, On Level: Upper
  • Bedroom 3: Dimensions: 10x12, On Level: Upper
  • Bedroom 4: Dimensions: 13x11, On Level: Upper
  • Main Level Sq Ft: 1181
  • Number of Main Level Half Bathrooms: 1

Exterior Features

  • Exterior: Stone, Vinyl, Cement Board
  • Roof Material: Dimensional Shingles
  • Outbuilding1: None

Garage/Parking

  • Driveway: Concrete
  • Garage Type: Attached
  • Garage Number Of Cars: 3
  • Garage Size: Dimensions: 22x31
  • Garage Sq Ft: 682
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Public
  • Water Utilities: City
  • Electric Company: AEP/I&M
  • Gas Company: NIPSCO
  • Water Company: Fort Wayne City Utilities
  • Cable Company: Comcast
  • Hvac: High Efficiency Furnace
  • Laundry: Dimensions: Mainx5, On Level: 8
  • Water Type: Pond

Condo/Co-op/Association

  • Association Restrictions: Yes
  • Association Fees: 350
  • Association Fees Frequency: Annually

Schools

  • School District: MSD of Southwest Allen Cnty
  • Elementary School: Deer Ridge
  • Middle School: Woodside
  • High School: Homestead
  • Elementary School: Deer Ridge

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 82x140x111x140
  • Estimated Lot Sq Ft: 13362
  • Estimated Lot Size Acres: 0.307
  • Lot Number: 12

Green Features

  • Energy Efficient: Windows
  • Energy Efficient Windows/Doors: Low Emittance Doors/Win

Tax Info

  • Annual Taxes: 1030
  • Total Assessed Value: 113000

MLS Schools

  • High School: Homestead
  • Middle School: Woodside
  • School District: MSD of Southwest Allen Cnty

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2024
Closed on
Apr 19, 2024
Sold by
Matthew Lancia Signature Hm Ll
Bought by
Nasir Erum and Nasir Bobby
Seller's Agent
Matthew Lancia
RE/MAX Results
Buyer's Agent
Christopher Will
Mike Thomas Assoc., Inc
List Price
$439,900
Sold Price
$425,000
Premium/Discount to List
-$14,900
-3.39%
Views
79
Current Estimated Value
$413,045

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,955
Avg. Annual Appreciation
-1.86%
Original Mortgage
$403,750
Outstanding Balance
$397,717
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$15,328

Purchase Details

Listed on
Feb 20, 2024
Closed on
Apr 16, 2024
Sold by
Matthew Lancia Signature Hm Ll
Bought by
Nasir Erum and Nasir Bobby
Seller's Agent
Matthew Lancia
RE/MAX Results
Buyer's Agent
Christopher Will
Mike Thomas Assoc., Inc
List Price
$439,900
Sold Price
$425,000
Premium/Discount to List
-$14,900
-3.39%
Views
79

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$403,750
Outstanding Balance
$397,717
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$15,328

Purchase Details

Closed on
Jun 3, 2020
Sold by
Palmira Deveopment Llc
Bought by
Matthew Lancia Signature Homes Llc
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Nasir Erum -- Metropolitan Title Of In
Nasir Erum $425,000 Metropolitan Title Of In
Matthew Lancia Signature Homes Llc $130,910 Renaissance Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nasir Erum $403,750
Closed Nasir Erum $403,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/19/2024 04/19/24 Sold $425,000 -3.4% $177 / Sq Ft
03/13/2024 03/13/24 Pending -- -- --
02/20/2024 02/20/24 For Sale $439,900 -- $183 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

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
2024 $1,497 $405,000 $84,400 $320,600
2023 $1,447 $113,700 $70,400 $43,300
2022 $981 $70,400 $70,400 $0
2021 $16 $1,100 $1,100 $0
2020 $66 $1,100 $1,100 $0
2019 $67 $1,100 $1,100 $0
2018 $17 $1,100 $1,100 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202405340

Indiana Regional MLS

APN: 02-11-05-226-013.000-038