NOT LISTED FOR SALE

1602 E Cedar Canyons Rd Fort Wayne, IN 46845

Estimated Value: $520,000 - $687,000

4 Beds
3.5 Baths
4,808 Sq Ft
$130/Sq Ft Est. Value

Last Sold May 30, 2017

Last sale price $376,000 $78 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $3,610/month

119 Days on Market

Highlights

  • Waterfront
  • Living Room with Fireplace
  • Partially Wooded Lot
  • Cedar Canyon Elementary School Rated A-
  • Lake, Pond or Stream
  • Traditional Architecture

About This Home

As of May 2017

Rare find on 4 acres dotted with mature trees and beautiful stocked pond in NACS. Few homes offer this much character, space and amenities for the price. All this plus a historic bank barn with new foundation that features lower level storage for your boat, mowers and great space for your workshop. This home has a timeless, traditional floor plan that is perfect for entertaining. Two fireplaces on the main floor plus separate laundry room & mud room with full bath. Four big bedrooms upstairs plus a reading loft with lots of natural lighting. Be sure to note all the storage and closet space in this home. Finished basement is very open and perfect for all your rec room & gaming "stuff" and your large screen TV. LL also features a hobby room or workshop with separate staircase to the garage. Geothermal heat makes the utility costs easy on your budget.

Last Agent to Sell the Property

Beth Goldsmith

North Eastern Group Realty Listed on: 11/21/2016

North Eastern Group Realty

Co-Listed By

Lynette Johnson

North Eastern Group Realty

Last Buyer's Agent

Beth Goldsmith

North Eastern Group Realty Listed on: 11/21/2016

North Eastern Group Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,588

Year Built

  • Built in 1977

Lot Details

  • 4 Acre Lot
  • Lot Dimensions are 345 x 535
  • Waterfront
  • Aluminum or Metal Fence
  • Lot Has A Rolling Slope
  • Partially Wooded Lot

Parking

  • 2.5 Car Attached Garage
  • Garage Door Opener
  • Gravel Driveway

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 2-Story Property
  • Pocket Doors
  • Entrance Foyer
  • Living Room with Fireplace
  • 3 Fireplaces
  • Formal Dining Room
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Electric Oven or Range
  • Utility Sink

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • Double Vanity
  • Separate Shower

Laundry

  • Laundry on main level
  • Gas And Electric Dryer Hookup

Utilities

  • Central Air
  • Geothermal Heating and Cooling
  • Private Company Owned Well
  • Well
  • Septic System
  • Cable TV Available

Additional Features

  • Energy-Efficient HVAC
  • Lake, Pond or Stream
  • Suburban Location

Listing and Financial Details

  • Assessor Parcel Number 02-02-15-201-001.000-057

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,588

Year Built

Built in 1977

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1977
  • Age: 40
  • Style: Two Story
  • Architectural Style: Traditional
  • Total Number of Rooms: 14
  • Total Number of Rooms Below Grade: 4
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 4
  • Total Full Bathrooms: 3
  • Total Number of Half Bathrooms: 1
  • Legal Description: Metes and Bounds
  • Parcel Number ID: 02-02-15-201-001.000-057
  • Platted: Yes
  • Amenities: 1st Bdrm En Suite, Cable Ready, Deck Open, Dryer Hook Up Gas/Elec, Foyer Entry, Garage Door Opener, Pocket Doors, Range/Oven Hook Up Elec, Twin Sink Vanity, Utility Sink, Stand Up Shower, Formal Dining Room, Main Floor Laundry
  • Cross Street: Coldwater Road
  • Location: City/Town/Suburb
  • Sp Lp Percent: 98.97
  • Special Features: None

Interior Features

  • Total Sq Ft: 5220
  • Total Finished Sq Ft: 4808
  • Above Grade Finished Sq Ft: 3480
  • Below Grade Finished Sq Ft: 1328
  • Below Grade Sq Ft: 412
  • Basement: Yes
  • Basement Foundation: Full Basement, Finished
  • Basement Material: Poured Concrete
  • Number Of Fireplaces: 3
  • Fireplace: Den, Living/Great Rm, Rec Rm
  • Flooring: Carpet, Laminate, Tile
  • Living Great Room: Dimensions: 15x23, On Level: Main
  • Kitchen: Dimensions: 13x14, On Level: Main
  • Breakfast Room: Dimensions: 13x11, On Level: Main
  • Dining Room: Dimensions: 13x15, On Level: Main
  • Family Room: Dimensions: 12x16, On Level: Lower
  • Den: Dimensions: 14x19, On Level: Main
  • Recreation Room: Dimensions: 15x35, On Level: Lower
  • Extra Room: Ping Pong room, Dimensions: 12x16, On Level: Lower
  • Bedroom 1: Dimensions: 15x21, On Level: Upper
  • Bedroom 2: Dimensions: 13x15, On Level: Upper
  • Bedroom 3: Dimensions: 13x14, On Level: Upper
  • Bedroom 4: Dimensions: 13x14, On Level: Upper
  • Other Room1: Workroom, Dimensions: 15x16, On Level: Lower
  • Loft: Dimensions: 10x14, On Level: Upper
  • Number of Main Level Full Bathrooms: 1
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 1740

Exterior Features

  • Exterior: Aluminum, Brick
  • Roof Material: Asphalt
  • Outbuilding1: Barn, Dimensions: 30x55
  • Fence: Metal

Garage/Parking

  • Driveway: Gravel
  • Garage Type: Attached
  • Garage Number Of Cars: 2.5
  • Garage Size: Dimensions: 27x31
  • Garage Sq Ft: 837

Utilities

  • Cooling: Central Air
  • Heating Fuel: Geothermal
  • Sewer: Septic
  • Water Utilities: Well
  • Electric Company: REMC
  • Gas Company: NIPSCO
  • Hvac: Geothermal Hvac
  • Laundry: Dimensions: 7xMain, On Level: 11
  • Water Type: Pond
  • Well Type: Private

Schools

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

Lot Info

  • Lot Description: Partially Wooded, Rolling, Waterfront-Level Bank
  • Lot Dimensions: 345 x 535
  • Estimated Lot Sq Ft: 174240
  • Estimated Lot Size Acres: 4
  • Zoning: R1 - Single Family Residential

Green Features

  • Energy Efficient: HVAC

Tax Info

  • Annual Taxes: 3588
  • Exemptions: Homestead, Mortgage

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2016
Closed on
May 30, 2017
Sold by
Richard
Bought by
Kathleen
Seller's Agent
Beth Goldsmith
North Eastern Group Realty
Buyer's Agent
Beth Goldsmith
North Eastern Group Realty
List Price
$389,000
Sold Price
$376,000
Premium/Discount to List
-$13,000
-3.34%
Total Days on Market
119
Current Estimated Value
$625,384

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$249,384
Avg. Annual Appreciation
6.53%
Original Mortgage
$357,200
Interest Rate
3.97%

Purchase Details

Listed on
Apr 5, 2016
Closed on
Jul 22, 2016
Sold by
Karst Richard K and Karst Sherry K
Bought by
Buter Kelly and Lugabihl Steven Eric
Seller's Agent
Lynn Reecer
Reecer Real Estate Advisors
Buyer's Agent
Lynn Reecer
Reecer Real Estate Advisors
List Price
$79,900
Sold Price
$79,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
518.50%
Original Mortgage
$328,000
Interest Rate
3.56%
Mortgage Type
Closed End Mortgage

Purchase Details

Closed on
Jan 26, 2012
Sold by
Karst Richard K
Bought by
Karst Richard K and Karst Sherry K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,500
Interest Rate
3.9%

Purchase Details

Closed on
Mar 25, 2003
Sold by
Andersen Don A
Bought by
Karst Richard K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.87%
Source: Public Records

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Range of Values:

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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
Kathleen $376,000 --
Watland Kathleen Hanold $376,000 Metropolitan Title Of Indiana,
Buter Kelly -- Metropolitan Title Of In
Karst Richard K -- Dreibelbiss Title Company
Karst Richard K -- Three Rivers Title Co Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Watland Kathleen $296,000
Closed Watland Kathleen $296,000
Closed Watland Kathleen Hanold $296,100
Closed Watland Kathleen Hanold $296,100
Closed Watland Kathleen Hanold $357,200
Previous Owner Buter Kelly $328,000
Previous Owner Karst Richard K $171,500
Previous Owner Karst Richard K $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2017 05/30/17 Sold $376,000 -3.3% $78 / Sq Ft
03/20/2017 03/20/17 Pending -- -- --
11/21/2016 11/21/16 For Sale $389,000 +386.9% $81 / Sq Ft
07/22/2016 07/22/16 Sold $79,900 0.0% $23 / Sq Ft
04/08/2016 04/08/16 Pending -- -- --
04/05/2016 04/05/16 For Sale $79,900 -- $23 / 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 $3,494 $472,000 $104,700 $367,300
2022 $4,144 $477,700 $104,700 $373,000
2021 $4,054 $435,600 $106,500 $329,100
2020 $3,854 $402,100 $106,500 $295,600
2019 $3,703 $375,200 $106,500 $268,700
2018 $3,388 $350,500 $65,800 $284,700
2017 $2,836 $333,400 $65,800 $267,600
2016 $3,458 $355,800 $99,600 $256,200
2014 $3,473 $332,400 $99,600 $232,800
2013 $3,588 $324,600 $99,600 $225,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201652704

Indiana Regional MLS

APN: 02-02-15-201-001.000-057