$79,900
SOLD JUL 22, 2016

1602 E Cedar Canyons Rd Fort Wayne, IN 46845

4.05 Acres
$19,728 Price per Acre
176,418 Sq Ft Lot

Recently Sold

$23 Per Sq Ft

3 Days on Market

About This Lot

As of May 2017

This 4.05 acre parcel of land is being divided from the adjacent land (with a home) with the 1602 E. Cedar Canyon Road address. That parcel was originally 8+ acres, and is now being divided. It is partially wooded and in a quiet setting. The end of the land backs up to homes in Canyon Run subdivision. Utilities for a home built on this lot will be public utility companies. This parcel feeds into the highly desired Northwest Allen County school system: Cedar Canyons Elementary, Maple Creek Middle School and Carroll High School.

Last Agent to Sell the Property

Lynn Reecer

Reecer Real Estate Advisors Listed on: 04/05/2016

Last Buyer's Agent

Lynn Reecer

Reecer Real Estate Advisors Listed on: 04/05/2016

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,736

Year Built

  • 1977

Lot Details

  • 4.05 Acre Lot
  • Lot Dimensions are 339x537
  • Finished Lot(s)

Location

  • City Lot

Schools

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

Property Details

Property Type

Land

Est. Annual Taxes

$1,736

Year Built

1977

Lot Details

0

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Residential Land
  • Legal Description: TBD |
  • Cross Street: Coldwater Road
  • Location: City
  • Road Access: City
  • Road Surface: Paved
  • Section Number: 15
  • Sp Lp Percent: 100
  • Parcel Description: Partially Wooded, 3-5.9999
  • Type of Sale: Traditional
  • Type Use: Residential
  • Year Taxes Payable: 2015
  • Special Features: None
  • Year Built: 1977

Exterior Features

  • Road Frontage: City

Utilities

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

Schools

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

Lot Info

  • Lot Dimensions: 339x537
  • Estimated Lot Sq Ft: 174240
  • Estimated Lot Size Acres: 4.05

Tax Info

  • Annual Taxes: 1736

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
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
3
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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    Section Image

Range of Values:

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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
Deed $376,000 --
Warranty Deed $376,000 Metropolitan Title Of Indiana,
Warranty Deed -- Metropolitan Title Of In
Warranty Deed -- Dreibelbiss Title Company
Warranty Deed -- Three Rivers Title Co Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $296,000 New Conventional
Closed $296,000 New Conventional
Closed $296,100 New Conventional
Closed $296,100 New Conventional
Closed $357,200 No Value Available
Previous Owner $328,000 Closed End Mortgage
Previous Owner $171,500 No Value Available
Previous Owner $200,000 No Value Available
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: 201614105

Indiana Regional MLS

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