$55,000
SOLD SEP 27, 2016

1616 Magnolia Ln Fort Wayne, IN 46825

Crestwood Neighborhood
4 Beds
1 Bath
1,448 Sq Ft
7,200 Sq Ft Lot

Recently Sold

$38 Per Sq Ft

8% Below List Price

1 Day on Market

Highlights

  • Ranch Style House
  • Forced Air Heating and Cooling System
  • Level Lot
  • Ceramic Tile Flooring

About This Home

As of September 2016

Home sold in "As-Is" condition. Home is clean and has recent exterior updates: 2010 - Roof, Siding, Most Windows, Gutters & Downspouts. (See the attached invoice for work completed with disclosures.) New furnace in 2007. Central Air approx 2013. Four Bedroom ranch. LR & FR. KT w/refrigerator, range top and oven. Fenced yard. Two sheds. Home needs carpet and paint.

Last Agent to Sell the Property

Rick Widmann

CENTURY 21 Bradley Realty, Inc Listed on: 08/30/2016

CENTURY 21 Bradley Realty, Inc

Last Buyer's Agent

Ken Vaughn

RE/MAX Results

RE/MAX Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,478

Year Built

  • Built in 1962

Lot Details

  • 7,200 Sq Ft Lot
  • Lot Dimensions are 60x120
  • Level Lot

Parking

  • Driveway

Home Design

  • Ranch Style House
  • Slab Foundation
  • Shingle Roof
  • Vinyl Construction Material

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-07-13-228-003.000-073

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,478

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1962
  • Age: 54
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 7
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: Lot 173, Sec 1, Crestwood Colony
  • Parcel Number ID: 02-07-13-228-003.000-073
  • Platted: Yes
  • Improvmnts In Last5 Yrs: Yes
  • Road Access: City
  • Road Surface: Paved
  • Section Number: 1
  • Sp Lp Percent: 91.82
  • Special Features: None

Interior Features

  • Total Sq Ft: 1448
  • Total Finished Sq Ft: 1448
  • Above Grade Finished Sq Ft: 1448
  • Basement Foundation: Slab
  • Flooring: Carpet, Ceramic Tile
  • Living Great Room: Dimensions: 13x18, On Level: Main
  • Kitchen: Dimensions: 12x14, On Level: Main
  • Family Room: Dimensions: 13x16, On Level: Main
  • Bedroom 1: Dimensions: 12x12, On Level: Main
  • Bedroom 2: Dimensions: 10x10, On Level: Main
  • Bedroom 3: Dimensions: 10x10, On Level: Main
  • Bedroom 4: Dimensions: 9x10, On Level: Main
  • Main Level Sq Ft: 1448
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Outbuilding1: Shed, Dimensions: 12x10, 120
  • Outbuilding2: Shed, Dimensions: 10x10, 100

Garage/Parking

  • Driveway: Concrete

Utilities

  • Cooling: Central Air
  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City
  • Laundry: Dimensions: 6xMain, On Level: 6

Schools

  • School District: Fort Wayne Community
  • Elementary School: Holland
  • Middle School: Jefferson
  • High School: Northrop

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 60x120
  • Estimated Lot Sq Ft: 7200
  • Estimated Lot Size Acres: 0.1653
  • Lot Number: 173

Tax Info

  • Annual Taxes: 58
  • Total Assessed Value: 71800

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2016
Closed on
Sep 27, 2016
Sold by
Widmann Rick
Bought by
The Hindle Company Llc
Seller's Agent
Rick Widmann
CENTURY 21 Bradley Realty, Inc
Buyer's Agent
Ken Vaughn
RE/MAX Results
List Price
$59,900
Sold Price
$55,000
Premium/Discount to List
-$4,900
-8.18%
Current Estimated Value
$178,966

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,966
Avg. Annual Appreciation
13.91%
Original Mortgage
$44,000
Outstanding Balance
$7,598
Interest Rate
3.43%
Mortgage Type
Commercial
Estimated Equity
$166,608

Purchase Details

Listed on
Aug 30, 2016
Closed on
Aug 4, 2016
Sold by
Moffett Shirley F
Bought by
Widmann Rick
Seller's Agent
Rick Widmann
CENTURY 21 Bradley Realty, Inc
Buyer's Agent
Ken Vaughn
RE/MAX Results
List Price
$59,900
Sold Price
$55,000
Premium/Discount to List
-$4,900
-8.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,000
Outstanding Balance
$7,598
Interest Rate
3.43%
Mortgage Type
Commercial
Estimated Equity
$166,608

Purchase Details

Listed on
Aug 30, 2016
Closed on
Aug 2, 2016
Sold by
John W Moffett W and John Hallie M
Bought by
Widmann Rick
Seller's Agent
Rick Widmann
CENTURY 21 Bradley Realty, Inc
Buyer's Agent
Ken Vaughn
RE/MAX Results
List Price
$59,900
Sold Price
$55,000
Premium/Discount to List
-$4,900
-8.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,000
Outstanding Balance
$7,598
Interest Rate
3.43%
Mortgage Type
Commercial
Estimated Equity
$166,608
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 Type Sale Price Title Company
Warranty Deed -- Metropolitan Title Of Indian
Deed $37,000 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $44,000 Commercial
Previous Owner $50,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2016 12/21/16 Rented $795 -11.2% --
12/16/2016 12/16/16 Under Contract -- -- --
10/25/2016 10/25/16 For Rent $895 0.0% --
09/27/2016 09/27/16 Sold $55,000 -8.2% $38 / Sq Ft
08/31/2016 08/31/16 Pending -- -- --
08/30/2016 08/30/16 For Sale $59,900 -- $41 / 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 $2,478 $123,800 $15,300 $108,500
2023 $2,478 $108,400 $14,500 $93,900
2022 $2,015 $90,000 $12,600 $77,400
2021 $1,950 $87,400 $14,600 $72,800
2020 $1,441 $66,100 $12,300 $53,800
2019 $1,319 $60,800 $9,600 $51,200
2018 $1,309 $60,000 $10,200 $49,800
2017 $1,219 $55,400 $10,400 $45,000
2016 $97 $71,800 $14,100 $57,700
2014 $59 $67,100 $14,100 $53,000
2013 $59 $67,200 $14,100 $53,100
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2016

    Lynn Generette-Haffner

    CENTURY 21 Bradley Realty, Inc

    Section Image
  • Rick Widmann

    Seller's Agent in 2016

    Rick Widmann

    CENTURY 21 Bradley Realty, Inc

    (260) 704-6565

    125 Total Sales

    Section Image
  • Ken Vaughn

    Buyer's Agent in 2016

    Ken Vaughn

    RE/MAX

    (260) 413-9416

    46 Total Sales

    Section Image
See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 201640532

Indiana Regional MLS

APN: 02-07-13-228-003.000-073

Indiana Allen County Fort Wayne 46825 Crestwood

1616 Magnolia Ln, Fort Wayne, IN

This home is located at 1616 Magnolia Ln, Fort Wayne, IN 46825 and is currently priced at $55,000, approximately $37 per square foot. This property was built in 1962. 1616 Magnolia Ln is a home located in Allen County with nearby schools including Mabel K. Holland Elementary School, Jefferson Middle School, and Northrop 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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