$780,000
SOLD MAR 19, 2025

12686 Tula Trail Fort Wayne, IN 46814

5 Beds
4.5 Baths
4,007 Sq Ft
0.39 Acres

Recently Sold

$195 Per Sq Ft

1% Below List Price

13 Days on Market

Highlights

  • In Ground Pool
  • Primary Bedroom Suite
  • Open Floorplan
  • Homestead Senior High School Rated A
  • Waterfront
  • Contemporary Architecture

About This Home

As of March 2025

Here is your opportunity to own an unparalleled residence in Fort Wayne's prestigious Mercato development. This custom Timberlin Model Home boasts 5 beds, 4.5 baths, and over 4000 sqft of luxurious living space. A model of sophistication, this home offers an exquisite interior paired with an outdoor paradise. Approaching this residence, you're greeted by tasteful landscaping and an aesthetically pleasing front elevation featuring Board and Batten siding hinting at the elegance within. Step inside to discover a spacious open floorplan bathed in natural light, accentuating the elegant light oak flooring throughout the main level. The great room impresses with soaring beamed ceilings, a charming brick fireplace, and built-in shelving. Entertain with ease in the kitchen and dining area, complete with a large island, custom cabinets, quartz counters and matching full-height backsplash. Added luxuries include an RO system for purified water and a whole-house softener. Conveniently situated on the main floor, the master suite offers a serene retreat with beamed, tray ceilings, an en suite bath featuring dual vanities, a tile shower, and a walk-in closet flooded with natural light. Upstairs you'll find meticulously crafted details such as a shiplap ceiling in the landing and modern lighting. Two bedrooms share a Jack and Jill bath, while the third enjoys its own private en suite. The expansive basement presents a versatile living space, complete with a bedroom, full bath, and kitchenette, ideal for hosting guests or accommodating multigenerational living. Step outside to discover the true gem of this home – an outdoor sanctuary designed for ultimate relaxation and entertainment. A composite deck leads to a fully fenced yard with stunning pond views. The custom hardscaped patio features an outdoor kitchen with a massive grill, refrigerator, and smoker. Descend to the stamped concrete deck surrounding the in-ground, heated, saltwater lounging pool installed by Treadway, is complete with fountains and lights for added ambiance. The included hot tub ensures year-round luxury. Enjoy Sonos surround sound, indoors and out. Other valuable features include a full home generator, HEPA-UV air filtration system, new sod and irrigation system, 3 car garage, built in lockers and much more. This home offers an unmatched lifestyle that is both lavish and rare to find! SELLER IS OPEN TO RATE BUY DOWN WITH THE RIGHT OFFER!!

Last Agent to Sell the Property

Scott Marker

United Country Real Estate/Anchor Realty Listed on: 02/11/2025

Last Buyer's Agent

Matthew Donahue

CENTURY 21 Bradley Realty, Inc

CENTURY 21 Bradley Realty, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,020

Year Built

  • Built in 2020

Lot Details

  • 0.39 Acre Lot
  • Lot Dimensions are 115 x 140 x 141
  • Waterfront
  • Backs to Open Ground
  • Aluminum or Metal Fence
  • Landscaped
  • Corner Lot
  • Level Lot
  • Irrigation

HOA Fees

  • $44 Monthly HOA Fees

Parking

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

Home Design

  • Contemporary Architecture
  • Poured Concrete
  • Asphalt Roof
  • Stone Exterior Construction
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Wet Bar
  • Built-in Bookshelves
  • Built-In Features
  • Woodwork
  • Beamed Ceilings
  • Tray Ceiling
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Pocket Doors
  • Living Room with Fireplace
  • Water Views
  • Pull Down Stairs to Attic
  • Home Security System

Kitchen

  • Walk-In Pantry
  • Kitchen Island
  • Stone Countertops
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Jack-and-Jill Bathroom
  • Bathtub with Shower
  • Separate Shower

Laundry

  • Laundry on main level
  • Gas And Electric Dryer Hookup

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • 1 Bathroom in Basement
  • 1 Bedroom in Basement
  • Natural lighting in basement

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Sun Deck
  • Lake, Pond or Stream
  • Covered Deck
  • Covered Patio or Porch

Location

  • Suburban Location

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Whole House Permanent Generator

Listing and Financial Details

  • Assessor Parcel Number 02-11-08-425-016.000-038

Community Details

Overview

  • Mercato Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,020

Year Built

Built in 2020

Lot Details

0

HOA Fees

$44 per month

Parking

3

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 2020
  • Style: Two Story
  • Architectural Style: Contemporary
  • Bedrooms: 5
  • Total Bathrooms: 5
  • Total Full Bathrooms: 4
  • Total Number of Half Bathrooms: 1
  • Legal Description: MERCATO SEC I LOT 38
  • Parcel Number ID: 02-11-08-425-016.000-038
  • Platted: Yes
  • Amenities: Hot Tub/Spa, 1st Bdrm En Suite, Alarm System-Security, Attic Pull Down Stairs, Built-In Speaker System, Built-In Bookcase, Ceiling-9+, Ceiling-Cathedral, Ceiling-Tray, Ceiling Fan(s), Ceilings-Beamed, Closet(s) Walk-in, Countertops-Stone, Deck Covered, Deck Open, Deck on Waterfront, Disposal, Dryer Hook Up Gas/Elec, Garage Door Opener, Generator-Whole House, Irrigation System, Kitchen Island, Landscaped, Natural Woodwork, Near Walking Trail, Open Floor Plan, Pantry-Walk In, Patio Open, Pocket Doors, Porch Covered, Porch Open, Six Panel Doors, Wet Bar, Stand Up Shower, Tub/Shower Combination, Main Level Bedroom Suite, Main Floor Laundry, Sump Pump, Custom Cabinetry, Jack & Jill Bath
  • Location: City/Town/Suburb, Near Walking Trail
  • Number Below Grade Bedrooms: 1
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 4530
  • Total Finished Sq Ft: 4007
  • Above Grade Finished Sq Ft: 2763
  • Below Grade Finished Sq Ft: 1244
  • Below Grade Sq Ft: 523
  • Basement: Yes
  • Basement Foundation: Daylight, Full Basement, Finished
  • Basement Material: Poured Concrete
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm, Gas Log
  • Fireplace: Yes
  • Flooring: Hardwood Floors, Carpet, Tile
  • Living Great Room: Dimensions: 18x18, On Level: Main
  • Kitchen: Dimensions: 16x13, On Level: Main
  • Dining Room: Dimensions: 16x12, On Level: Main
  • Family Room: Dimensions: 37x17, On Level: Lower
  • Recreation Room: Dimensions: 16x12, On Level: Lower
  • Bedroom 1: Dimensions: 17x13, On Level: Main
  • Bedroom 2: Dimensions: 14x14, On Level: Upper
  • Bedroom 3: Dimensions: 11x13, On Level: Upper
  • Bedroom 4: Dimensions: 12x11, On Level: Upper
  • Bedroom 5: Dimensions: 16x12, On Level: Lower
  • Loft: Dimensions: 12x16, On Level: Upper
  • Number Below Grade Bathrooms: 1
  • Number of Below Grade Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 1
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 1767

Exterior Features

  • Exterior: Stone, Vinyl
  • Roof Material: Asphalt
  • Outbuilding1: None
  • Pool: Below Ground
  • Pool: Yes
  • Fence: Metal

Garage/Parking

  • Driveway: Concrete
  • Garage Type: Attached
  • Garage Number Of Cars: 3
  • Garage Size: Dimensions: 34x25
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Laundry: Dimensions: Mainx6, On Level: 11
  • Water Type: Pond

Condo/Co-op/Association

  • Association Fees: 525
  • Association Fees Frequency: Annually
  • Common Amenities: Sidewalks

Schools

  • Elementary School: Covington

Lot Info

  • Lot Description: Corner, Level, Slope, Waterfront, Water View
  • Lot Dimensions: 115 X 140 X 141
  • Estimated Lot Sq Ft: 16789
  • Estimated Lot Size Acres: 0.39
  • Lot Number: 38

Tax Info

  • Annual Taxes: 7020.36
  • Exemptions: Homestead

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 11, 2025
Closed on
Mar 17, 2025
Sold by
Coleman Kyle Edward and Coleman Crystal J
Bought by
Morgan Kirk C and Morgan Sarah J
Seller's Agent
Scott Marker
United Country Real Estate/Anchor Realty
Buyer's Agent
Matthew Donahue
CENTURY 21 Bradley Realty, Inc
List Price
$789,900
Sold Price
$780,000
Premium/Discount to List
-$9,900
-1.25%
Views
20

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.81%
Original Mortgage
$585,000
Outstanding Balance
$581,510
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$208,781

Purchase Details

Listed on
Jan 18, 2021
Closed on
Feb 25, 2021
Sold by
Timberlin Homes Llc
Bought by
Coleman Kyle Edward and Coleman Crystal J
Seller's Agent
Patricia Piat
Mike Thomas Assoc., Inc
List Price
$669,900
Sold Price
$660,000
Premium/Discount to List
-$9,900
-1.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.20%
Original Mortgage
$528,000
Interest Rate
2.7%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Warranty Deed $780,000 Centurion Land Title
Warranty Deed -- Metropolitan Title Of In Llc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $585,000 New Conventional
Previous Owner $528,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/23/2025 11/23/25 Price Changed $839,900 -2.3% $207 / Sq Ft
11/07/2025 11/07/25 For Sale $859,900 +10.2% $212 / Sq Ft
03/19/2025 03/19/25 Sold $780,000 -1.3% $195 / Sq Ft
02/24/2025 02/24/25 Pending -- -- --
02/11/2025 02/11/25 For Sale $789,900 +19.7% $197 / Sq Ft
02/25/2021 02/25/21 Sold $660,000 -1.5% $165 / Sq Ft View Prior Sale
01/26/2021 01/26/21 Pending -- -- --
01/18/2021 01/18/21 For Sale $669,900 -- $167 / 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 $7,020 $845,600 $101,500 $744,100
2023 $6,970 $822,100 $101,500 $720,600
2022 $4,658 $592,300 $101,500 $490,800
2021 $4,045 $504,800 $96,700 $408,100
2020 $1,496 $96,700 $96,700 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202504409

Indiana Regional MLS

APN: 02-11-08-425-016.000-038