NOT LISTED FOR SALE

Estimated Value: $494,000 - $569,000

0.32 Acre
$1,684,038 Price per Acre
13,939 Sq Ft Lot

Last Sold January 16, 2023

Last sale price $134,900

Est. 299% increase in value since last sale

Current estimated payment $2,959/month

72 Days on Market

Highlights

  • Waterfront
  • Homestead Senior High School Rated A
  • Lake, Pond or Stream

About This Lot

As of January 2023

Located on the Southwest side of Fort Wayne, in the beautiful addition of Mercato, lot 32 is available to purchase and build on with Bob Buescher Homes! This lot is basement capable and is located on a stunning body of water in Section I! Mercato is close to walking trails, Lutheran Hospital, I69, restaurants, and shopping! HOA dues are approximately $500 annually, and this lot is located in Southwest Allen County school systems. At Bob Buescher Homes we truly define custom home building. Bob will work with you and hand design your home vision from scratch to fit your lot. As a reminder, this lot is deed restricted to Bob Buescher Homes and you must build within 2 years.

Last Agent to Sell the Property

Leah Marker

Mike Thomas Assoc., Inc Listed on: 10/24/2022

Mike Thomas Assoc., Inc

Co-Listed By

Darinda Gres Smith

Mike Thomas Assoc., Inc

Last Buyer's Agent

Cindy Bluhm

Mike Thomas Assoc., Inc

Mike Thomas Assoc., Inc

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $723

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 100x140
  • Waterfront
  • Property fronts a county road
  • Finished Lot(s)

HOA Fees

  • $42 Monthly HOA Fees

Parking

  • Driveway

Schools

  • Covington Elementary School
  • Woodside Middle School
  • Homestead High School

Utilities

  • Gas Available

Listing and Financial Details

  • Assessor Parcel Number 02-11-08-425-022.000-038

Community Details

Overview

  • Mercato Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Lake, Pond or Stream

Property Details

Property Type

Land

Est. Annual Taxes

$723

Lot Details

0

HOA Fees

$42 per month

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Residential Land
  • Waterfront: Yes
  • Legal Description: Mercato Sec I Lot 32
  • Parcel Number ID: 02-11-08-425-022.000-038
  • Platted: Yes
  • Location: Subdivision
  • Road Access: County
  • Road Surface: Asphalt
  • Section Number: 1
  • Sp Lp Percent: 100
  • Parcel Description: Level, Waterfront
  • Restrictions: Restrictions, Covenants
  • Type of Sale: Traditional
  • Platted Development: Yes
  • Type Use: Residential
  • Year Taxes Payable: 2022
  • Special Features: None

Exterior Features

  • Road Frontage: County

Utilities

  • Water Utilities: City, Available
  • Water Type: Pond
  • Electricity Type: Available
  • Fuel Type: Available
  • Sewer Type: City

Condo/Co-op/Association

  • Association Fees: 500
  • Association Fees Frequency: Annually

Schools

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

Lot Info

  • Lot Dimensions: 100X140
  • Estimated Lot Sq Ft: 14000
  • Estimated Lot Size Acres: 0.32
  • Lot Number: 32
  • Easements: Yes

Tax Info

  • Annual Taxes: 64

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
Oct 24, 2022
Closed on
Jan 16, 2023
Sold by
Buescher Construction Company Inc
Bought by
Johanningsmeier Kate E
Seller's Agent
Leah Marker
Mike Thomas Assoc., Inc
Buyer's Agent
Cindy Bluhm
Mike Thomas Assoc., Inc
List Price
$134,900
Sold Price
$134,900
Views
77
Current Estimated Value
$538,892

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$403,992
Avg. Annual Appreciation
66.39%

Purchase Details

Listed on
Oct 24, 2022
Closed on
Jan 11, 2023
Sold by
Buescher Construction Company Inc
Bought by
Johanningsmeier Kate E
Seller's Agent
Leah Marker
Mike Thomas Assoc., Inc
Buyer's Agent
Cindy Bluhm
Mike Thomas Assoc., Inc
List Price
$134,900
Sold Price
$134,900
Views
77

Purchase Details

Closed on
Sep 16, 2020
Sold by
Mercato Development Llc
Bought by
Buescher Construction Company

Purchase Details

Closed on
Sep 11, 2020
Sold by
Mercato Development Llc
Bought by
Buescher Construction Company Inc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Johanningsmeier Kate E -- None Listed On Document
Johanningsmeier Kate E $134,900 --
Buescher Construction Company -- Renaissance Title
Buescher Construction Company Inc -- Renaissance Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/16/2023 01/16/23 Sold $134,900 0.0% --
10/24/2022 10/24/22 For Sale $134,900 -- --
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 $723 $548,900 $125,500 $423,400
2022 $14 $1,000 $1,000 $0
2021 $15 $1,000 $1,000 $0
2020 $65 $1,000 $1,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 202244033

Indiana Regional MLS

APN: 02-11-08-425-022.000-038