NOT LISTED FOR SALE

2425 Butler Rd Fort Wayne, IN 46808

Lincoln Park Neighborhood

Estimated Value: $84,000 - $133,000

4.3 Acres
$25,233 Price per Acre
187,308 Sq Ft Lot

Last Sold September 30, 2020

Last sale price $75,000

Est. 45% increase in value since last sale

Current estimated payment $592/month

389 Days on Market

Highlights

  • Waterfront
  • 4.3 Acre Lot
  • Lake, Pond or Stream

About This Lot

As of September 2020

Build your DREAM HOME on this beautiful 4.3 acres with stocked pond. Quite area close to shopping, Glenbrook Mall, Jefferson Pointe, Franke Park. City sewer and water access available. Seller to pay for soil test.

Last Agent to Sell the Property

Randall Howenstine

Right House Realty LLC Listed on: 06/03/2019

Last Buyer's Agent

Randall Howenstine

Right House Realty LLC Listed on: 06/03/2019

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $617

Lot Details

  • 4.3 Acre Lot
  • Waterfront
  • Property fronts an easement
  • Finished Lot(s)
  • Subdivision Possible
  • Property is zoned A1

Parking

  • Driveway

Schools

  • Price Elementary School
  • Portage Middle School
  • Northrop High School

Additional Features

  • Lake, Pond or Stream
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 02-07-28-481-001.000-073

Property Details

Property Type

Land

Est. Annual Taxes

$617

Lot Details

0

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Residential Land
  • Waterfront: Yes
  • Legal Description: SE 1/4 SE 1/4 E of RR & S of Butler Road Ex W 60ft Sec 28 and W554.5ft S of Butler Road SW 1/4 Ex Tri Spc E Pt Ex E-ly 132.04ft
  • Parcel Number ID: 02-07-28-481-001.000-073
  • Platted: Yes
  • Inside City Limits: Yes
  • Parcel Id2: 020727353001000073
  • Road Access: City
  • Road Surface: Asphalt
  • Section Number: 28
  • Sp Lp Percent: 78.95
  • Parcel Description: Irregular, Partially Wooded, Water View
  • Type of Sale: Traditional
  • Can Be Subdivided: Yes
  • Type Use: Residential
  • Year Taxes Payable: 2018
  • Special Features: None

Exterior Features

  • Road Frontage: City

Utilities

  • Water Utilities: Available, City
  • Water Type: Pond
  • Electricity Type: Available
  • Fuel Type: Available, Electric, Gas
  • Sewer Type: Available, City

Schools

  • School District: Fort Wayne Community
  • Elementary School: Price
  • Middle School: Portage
  • High School: Northrop
  • Elementary School: Price

Lot Info

  • Lot Dimensions: triangular
  • Estimated Lot Sq Ft: 187308
  • Estimated Lot Size Acres: 4.3
  • Easements: Yes

Tax Info

  • Annual Taxes: 617

MLS Schools

  • High School: Northrop
  • Middle School: Portage
  • School District: Fort Wayne Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2019
Closed on
Sep 30, 2020
Sold by
Cotterman Richard R and Cotterman Sharon A
Bought by
Thomas Nathanael D and Thomas Allison D
Seller's Agent
Randall Howenstine
Right House Realty LLC
Buyer's Agent
Randall Howenstine
Right House Realty LLC
List Price
$95,000
Sold Price
$75,000
Premium/Discount to List
-$20,000
-21.05%
Total Days on Market
389
Current Estimated Value
$108,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,500
Avg. Annual Appreciation
8.33%
Original Mortgage
$72,500
Outstanding Balance
$54,531
Interest Rate
2.4%
Mortgage Type
New Conventional
Estimated Equity
$54,469

Purchase Details

Closed on
Jun 28, 2007
Sold by
Sumner Donna W
Bought by
Cotterman Richard R and Yost Sharon A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,000
Interest Rate
6.26%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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Average Value
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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 Buyer Sale Price Title Company
Thomas Nathanael D $75,000 Metropolitan Title Of In Llc
Cotterman Richard R -- Title Express Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thomas Nathanael D $72,500
Previous Owner Cotterman Richard R $139,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2020 09/30/20 Sold $75,000 -21.1% --
06/26/2020 06/26/20 Pending -- -- --
01/02/2020 01/02/20 For Sale $95,000 +26.7% --
01/01/2020 01/01/20 Off Market $75,000 -- --
06/03/2019 06/03/19 For Sale $95,000 -- --
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 $187 $7,100 $7,100 --
2022 $193 $7,100 $7,100 $0
2021 $206 $7,100 $7,100 $0
2020 $210 $7,100 $7,100 $0
2019 $218 $7,100 $7,100 $0
2018 $221 $7,100 $7,100 $0
2017 $228 $7,100 $7,100 $0
2016 $251 $7,900 $7,900 $0
2014 $243 $7,900 $7,900 $0
2013 $243 $7,900 $7,900 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2020

    Randall Howenstine

    Right House Realty LLC

    (260) 341-3060

    2 in this area

    40 Total Sales

    Randall Howenstine
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Map

Source: Indiana Regional MLS

MLS Number: 201922558

Indiana Regional MLS

APN: 02-07-28-481-001.000-073

Indiana Allen County Fort Wayne 46808 Lincoln Park

2425 Butler Rd, Fort Wayne, IN

This home is located at 2425 Butler Rd, Fort Wayne, IN 46808 since 03 June 2019 and is currently estimated at $108,500. 2425 Butler Rd is a home located in Allen County with nearby schools including Francis M. Price Elementary School, Northwood 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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