NOT LISTED FOR SALE

197 Wave Rock Run W Fort Wayne, IN 46845

Estimated Value: $891,000 - $896,000

5 Beds
4.5 Baths
5,130 Sq Ft
$174/Sq Ft Est. Value

Last Sold June 29, 2020

Last sale price $650,000 $127 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $5,529/month

64 Days on Market

Highlights

  • Primary Bedroom Suite
  • Waterfront
  • Fireplace in Bedroom
  • Cedar Canyon Elementary School Rated A-
  • Craftsman Architecture
  • Lake, Pond or Stream

About This Home

As of June 2020

Walk through the front door and you will instantly fall in love with our new custom built Craftsman style, 5 bedroom, 4.5 bath home by Arbor Home. No detail is overlooked, and you instantly see the attention to detail throughout. What you have come to expect from an Arbor Home is included here. Great room with brick front fireplace and built-in shelves to the kitchen with quartz counters, farm-house style sink, cabinets to the ceiling, large walk-in pantry, and dining area. The enclosed porch with 2nd fireplace is the perfect place to relax. Master bedroom on the main level, master bath, complete with soaking tub and custom shower, and huge closet is just what you are looking for. Three bedrooms up with two full baths. The lower level includes bar area, family room, 5th bedroom, exercise/den, and additional flex room. Off of upper level bedroom is walk-in attic. The 4 car garage including tandem is the perfect use of space. This home will not last long!

Last Listed By

David Springer

Mike Thomas Assoc., Inc Listed on: 03/06/2020

Mike Thomas Assoc., Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $100

Year Built

  • Built in 2020

Lot Details

  • 0.43 Acre Lot
  • Lot Dimensions are 125.1 x 152.35
  • Waterfront

HOA Fees

  • $29 Monthly HOA Fees

Parking

  • 4 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Craftsman Architecture
  • Bungalow
  • Brick Exterior Construction
  • Poured Concrete
  • Shingle Roof
  • Cement Board or Planked
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Wet Bar
  • Built-in Bookshelves
  • Built-In Features
  • Crown Molding
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Entrance Foyer
  • Living Room with Fireplace
  • 2 Fireplaces
  • Walkup Attic

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Kitchen Island
  • Solid Surface Countertops
  • Built-In or Custom Kitchen Cabinets
  • Utility Sink
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Bedroom
  • Primary Bedroom Suite
  • Garden Bath
  • Separate Shower

Laundry

  • Laundry on main level
  • Gas And Electric Dryer Hookup

Finished Basement

  • 1 Bathroom in Basement
  • 1 Bedroom in Basement

Outdoor Features

  • Lake, Pond or Stream
  • Porch

Schools

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

Additional Features

  • Suburban Location
  • Forced Air Heating and Cooling System

Community Details

  • Whisper Rock Subdivision

Listing and Financial Details

  • Assessor Parcel Number 02-02-21-180-007.000-057

Home Details

Home Type

Single Family

Est. Annual Taxes

$100

Year Built

Built in 2020

Lot Details

0

HOA Fees

$29 per month

Parking

4

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 2020
  • Style: Two Story
  • Architectural Style: Bungalow, Craftsman
  • Total Number of Rooms: 11
  • Total Number of Rooms Below Grade: 4
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 5
  • Total Full Bathrooms: 4
  • Total Number of Half Bathrooms: 1
  • Legal Description: Whisper Rock Section 5 Lot 149
  • Parcel Number ID: 02-02-21-180-007.000-057
  • Platted: Yes
  • Amenities: Attic-Walk-up, Built-In Bookcase, Built-in Desk, Ceiling-9+, Ceiling Fan(s), Countertops-Solid Surf, Crown Molding, Disposal, Dryer Hook Up Gas/Elec, Eat-In Kitchen, Foyer Entry, Garage Door Opener, Garden Tub, Kitchen Island, Porch Florida, Range/Oven Hk Up Gas/Elec, Utility Sink, Wet Bar, Stand Up Shower, Main Level Bedroom Suite, Main Floor Laundry, Custom Cabinetry
  • Cross Street: Whisper Rock Boulevard
  • Location: City/Town/Suburb
  • New Construction: Spec
  • Number Below Grade Bedrooms: 1
  • Sp Lp Percent: 99.48
  • Year Taxes Payable: 2020
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 5460
  • Total Finished Sq Ft: 5130
  • Above Grade Finished Sq Ft: 3145
  • Below Grade Finished Sq Ft: 1985
  • Below Grade Sq Ft: 330
  • Price Per Sq Ft: 206.68
  • Basement: Yes
  • Basement Foundation: Finished
  • Basement Material: Poured Concrete
  • Number Of Fireplaces: 2
  • Fireplace: Extra Rm, Living/Great Rm
  • Fireplace: Yes
  • Living Great Room: Dimensions: 20x17, On Level: Main
  • Kitchen: Dimensions: 15x16, On Level: Main
  • Dining Room: Dimensions: 14x12, On Level: Main
  • Family Room: Dimensions: 32x15, On Level: Lower
  • Den: Dimensions: 14x13, On Level: Lower
  • Recreation Room: Dimensions: 27x12, On Level: Lower
  • Bedroom 1: Dimensions: 16x15, On Level: Main
  • Bedroom 2: Dimensions: 13x12, On Level: Upper
  • Bedroom 3: Dimensions: 18x13, On Level: Upper
  • Bedroom 4: Dimensions: 17x17, On Level: Upper
  • Bedroom 5: Dimensions: 15x12, On Level: Lower
  • 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: 2315

Exterior Features

  • Exterior: Brick, Vinyl, Cement Board
  • Roof Material: Shingle
  • Outbuilding1: None

Garage/Parking

  • Driveway: Concrete
  • Garage Type: Attached
  • Garage Number Of Cars: 4
  • Garage Size: Dimensions: 24x44
  • Garage Sq Ft: 1056
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City
  • Laundry: Dimensions: Mainx9, On Level: 9
  • Water Type: Pond

Condo/Co-op/Association

  • Association Restrictions: Yes
  • Association Fees: 350
  • Association Fees Frequency: Annually

Schools

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

Lot Info

  • Lot Description: Waterfront
  • Lot Dimensions: 125.1 x 152.35
  • Estimated Lot Sq Ft: 18731
  • Estimated Lot Size Acres: 0.43

Tax Info

  • Annual Taxes: 100

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
Mar 6, 2020
Closed on
Jun 29, 2020
Sold by
Arbor Home Building Corporation
Bought by
Lothamer Douglas D and Duncan Christina L
Seller's Agent
David Springer
Mike Thomas Assoc., Inc
Buyer's Agent
John Sullivan
RE/MAX Results
List Price
$653,400
Sold Price
$650,000
Premium/Discount to List
-$3,400
-0.52%
Total Days on Market
64
Current Estimated Value
$894,125

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$244,125
Avg. Annual Appreciation
7.61%
Original Mortgage
$650,000
Outstanding Balance
$587,495
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$342,076

Purchase Details

Closed on
Jun 21, 2019
Sold by
Twin Eagles Development Llc
Bought by
Arbor Home Building Corporation

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
4.1%
Mortgage Type
Commercial

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
Lothamer Douglas D $650,000 Renaissance Title
Arbor Home Building Corporation -- Renaissance Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lothamer Douglas D $650,000
Previous Owner Arbor Building Corporation $936,000
Previous Owner Arbor Home Building Corporation $3,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2020 06/29/20 Sold $650,000 -0.5% $127 / Sq Ft
05/09/2020 05/09/20 Pending -- -- --
03/06/2020 03/06/20 For Sale $653,400 -- $127 / 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 $6,521 $841,300 $105,600 $735,700
2022 $6,392 $728,700 $105,600 $623,100
2021 $6,639 $709,300 $105,600 $603,700
2020 $4,128 $455,700 $105,600 $350,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202008238

Indiana Regional MLS

APN: 02-02-21-180-007.000-057