NOT LISTED FOR SALE

1616 Lake Ave Fort Wayne, IN 46805

North Anthony Neighborhood

Estimated Value: $174,000 - $191,000

3 Beds
1.5 Baths
1,340 Sq Ft
$136/Sq Ft Est. Value

Last Sold August 25, 2017

Last sale price $77,000 $57 Per Sq Ft

Est. 137% increase in value since last sale

Current estimated payment $1,127/month

88 Days on Market

Highlights

  • 1 Car Detached Garage
  • Wood Siding
  • 2-minute walk to Lakeside Park & Rose Garden
  • Forced Air Heating System

About This Home

As of August 2017

Location Location! Classic home in Lakeside Park, overlooking the Lakeside Rose Garden. Two story, 3 bedroom, 1.5 bath. Home has some updating completed, with a brand new roof, freshly painted inside and out, and kitchen updates. Home has a driveway with a one car garage. Updated electrical gives this home both good bones and potential to add some finishing touches to make it your dream home in Lakeside Park.

Last Agent to Sell the Property

Andie Shepherd

Mike Thomas Assoc., Inc Listed on: 05/01/2017

Mike Thomas Assoc., Inc

Co-Listed By

Justin Heflin

Mike Thomas Assoc., Inc

Last Buyer's Agent

Dave McDaniel

RE/MAX Results

RE/MAX Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,076

Year Built

  • Built in 1920

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 38x109

Parking

  • 1 Car Detached Garage

Home Design

  • Poured Concrete
  • Wood Siding

Interior Spaces

  • 2-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 02-12-01-227-004.000-074

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,076

Year Built

Built in 1920

Lot Details

0

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1920
  • Age: 97
  • Style: Two Story
  • Architectural Style: Foursquare
  • Total Number of Rooms: 7
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 1
  • Total Number of Half Bathrooms: 1
  • Legal Description: 128 City and Suburban 8th Addition
  • Parcel Number ID: 02-12-01-227-004.000-074
  • Platted: Yes
  • Inside City Limits: Yes
  • Sp Lp Percent: 96.37
  • Special Features: None

Interior Features

  • Total Sq Ft: 1938
  • Total Finished Sq Ft: 1340
  • Above Grade Finished Sq Ft: 1340
  • Below Grade Sq Ft: 598
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Basement Material: Block, Poured Concrete
  • Living Great Room: Dimensions: 17x12, On Level: Main
  • Kitchen: Dimensions: 9x12, On Level: Main
  • Dining Room: Dimensions: 12x11, On Level: Main
  • Den: Dimensions: 10x7, On Level: Main
  • Bedroom 1: Dimensions: 13x9, On Level: Upper
  • Bedroom 2: Dimensions: 13x9, On Level: Main
  • Bedroom 3: Dimensions: 12x8, On Level: Main
  • Main Level Sq Ft: 598
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 598

Exterior Features

  • Exterior: Wood
  • Outbuilding1: None

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 1
  • Garage Size: Dimensions: 18x12
  • Garage Sq Ft: 216

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City

Schools

  • School District: Fort Wayne Community
  • Elementary School: Forest Park
  • Middle School: Lakeside
  • High School: North Side

Lot Info

  • Lot Description: 0-2.9999
  • Lot Dimensions: 38x109
  • Estimated Lot Sq Ft: 4356
  • Estimated Lot Size Acres: 0.1

Tax Info

  • Annual Taxes: 1076

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2017
Closed on
Aug 25, 2017
Sold by
Equitypoint Management Inc
Bought by
Mcmasters Charles T and Mcmasters April L
Seller's Agent
Andie Shepherd
Mike Thomas Assoc., Inc
Buyer's Agent
Dave McDaniel
RE/MAX Results
List Price
$84,500
Sold Price
$77,000
Premium/Discount to List
-$7,500
-8.88%
Total Days on Market
88
Current Estimated Value
$182,337

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,337
Avg. Annual Appreciation
11.08%
Original Mortgage
$73,150
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 20, 2012
Sold by
Equitypoint Funding Llc
Bought by
Equitypoint Management Inc

Purchase Details

Closed on
Jul 27, 2012
Sold by
Helping Hands Housing I Llc
Bought by
Equity Point Funding Llc

Purchase Details

Closed on
May 10, 2012
Sold by
Home Solutions Partners Iii Reo Llc
Bought by
Home Solutions Partners Iii Lp

Purchase Details

Closed on
Apr 12, 2012
Sold by
Home Solutions Partners Iii Lp
Bought by
Helping Hands Housing I Llc

Purchase Details

Closed on
Feb 27, 2012
Sold by
Home Solutions Partners Iii Reo Llc
Bought by
Home Solutions Partners Iii Lp

Purchase Details

Closed on
Dec 29, 2009
Sold by
Brown Michelle A
Bought by
Home Solutions Partners Iii Reo Llc

Purchase Details

Closed on
Nov 18, 2004
Sold by
Moralez Lynette M and Moralez Lynette
Bought by
Brown Michael I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,000
Interest Rate
5.86%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Mcmasters Charles T $77,000 Meridian Title Corporation
Equitypoint Management Inc -- None Available
Equity Point Funding Llc -- None Available
Home Solutions Partners Iii Lp -- None Available
Helping Hands Housing I Llc $8,000 None Available
Home Solutions Partners Iii Lp -- None Available
Home Solutions Partners Iii Reo Llc -- None Available
Brown Michael I -- Kings Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcmasters Charles T $90,000
Closed Mcmasters Charles T $73,150
Previous Owner Brown Michael I $66,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2017 08/25/17 Sold $77,000 -8.9% $57 / Sq Ft
07/28/2017 07/28/17 Pending -- -- --
05/01/2017 05/01/17 For Sale $84,500 -- $63 / 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 $1,439 $145,100 $25,400 $119,700
2022 $746 $93,600 $19,300 $74,300
2021 $778 $92,600 $11,700 $80,900
2020 $777 $91,600 $11,700 $79,900
2019 $581 $79,800 $11,700 $68,100
2018 $533 $76,800 $11,700 $65,100
2017 $362 $56,000 $11,700 $44,300
2016 $1,076 $49,400 $11,700 $37,700
2014 $1,274 $61,300 $11,700 $49,600
2013 $1,252 $60,300 $11,700 $48,600
Source: Public Records

Agents Affiliated with this Home

  • Andie Shepherd

    Seller's Agent in 2017

    Andie Shepherd

    Mike Thomas Assoc., Inc

    (260) 433-9500

    3 in this area

    166 Total Sales

    Section Image
  • Justin Heflin

    Seller Co-Listing Agent in 2017

    Justin Heflin

    Mike Thomas Assoc., Inc

    (260) 579-6730

    7 in this area

    202 Total Sales

    Section Image
  • Dave McDaniel

    Buyer's Agent in 2017

    Dave McDaniel

    RE/MAX

    (260) 602-6148

    156 Total Sales

    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 201718640

Indiana Regional MLS

APN: 02-12-01-227-004.000-074

Indiana Allen County Fort Wayne 46805 North Anthony

1616 Lake Ave, Fort Wayne, IN

This home is located at 1616 Lake Ave, Fort Wayne, IN 46805 since 01 May 2017 and is currently estimated at $182,337, approximately $136 per square foot. This property was built in 1920. 1616 Lake Ave is a home located in Allen County with nearby schools including Forest Park Elementary School, Lakeside Middle School, and North Side High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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