NOT LISTED FOR SALE

Estimated Value: $842,000 - $902,000

6 Beds
4.5 Baths
5,267 Sq Ft
$166/Sq Ft Est. Value

Last Sold June 22, 2018

Last sale price $505,000 $96 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $5,234/month

108 Days on Market

Highlights

  • Primary Bedroom Suite
  • Waterfront
  • Wood Flooring
  • Homestead Senior High School Rated A
  • Lake, Pond or Stream
  • Corner Lot

About This Home

As of June 2018

Fantastic six bedroom home located in the beautiful neighborhood of Grey Oaks. This Timberlin built home is filled with numerous upgrades and amenities. The large, covered front porch welcomes you into the home. Inside, gorgeous hardwood floors flow from the foyer into the open dining room. The great room features a gas log fireplace encompassed by built-in cabinets and shelving. Floor to ceiling windows show off the beautiful views of the backyard and pond. The eat-in kitchen is a chef's dream and includes custom cabinetry, Quartz countertops, and an oversized island. The island features extra storage, plenty of room for barstools and electrical outlets on each end. Built-in double oven, a gas range, and a custom built-in hutch round off this amazing space. Just off the kitchen is the cozy hearth room; perfect for sipping your morning coffee or relaxing in the evening. The main floor master suite has a detailed trey ceiling, a large soaking tub, and twin sink custom vanity. The walk-in closet features a double row of hanging space; perfect for storing seasonal clothes. The main floor laundry room is a true gem with five custom built lockers, a utility sink, counter space and cabinets for storage. Upstairs features four bedrooms each with walk-in closets. Bedrooms two and three have a jack and jill bathroom while bedrooms four and five share a full bathroom. A not-to-be-missed feature of the upstairs is the finished bonus room; which can be used as an extra entertainment area/family room or a large playroom. Bedroom six and a large home office are located on the lower level. The full size custom bar was finished last year and includes bar sink, wine cooler, counter seating and a microwave. The lower level is smartly designed with the bar/rec room separated from the family room. A full bathroom featuring a granite countertop rounds off this wonderful lower level. Additional features includes a large three car garage (with attic storage), an open deck that connects to a custom stone-paved patio (which is shaded in the evenings), an irrigation system, and two AC/Furnace units. Home is also fully landscaped, wired for a security system and just a short walk to the association pool!

Last Agent to Sell the Property

Heather Regan

Regan & Ferguson Group Listed on: 02/07/2018

Last Buyer's Agent

Heather Regan

Regan & Ferguson Group Listed on: 02/07/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,662

Year Built

  • Built in 2014

Lot Details

  • 0.51 Acre Lot
  • Lot Dimensions are 121x174x155x51
  • Waterfront
  • Cul-De-Sac
  • Landscaped
  • Corner Lot
  • Irrigation

HOA Fees

  • $82 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Home Design

  • Poured Concrete
  • Shingle Roof
  • Stone Exterior Construction
  • Cement Board or Planked
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Wet Bar
  • Built-in Bookshelves
  • Bar
  • Crown Molding
  • Tray Ceiling
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Gas Log Fireplace
  • Entrance Foyer
  • Great Room
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Formal Dining Room
  • Water Views

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Kitchen Island
  • Stone Countertops
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Jack-and-Jill Bathroom
  • Double Vanity
  • Bathtub With Separate Shower Stall
  • Garden Bath

Laundry

  • Laundry on main level
  • Laundry Chute
  • Electric Dryer Hookup

Attic

  • Storage In Attic
  • Pull Down Stairs to Attic

Finished Basement

  • Basement Fills Entire Space Under The House
  • 1 Bathroom in Basement
  • 1 Bedroom in Basement
  • Natural lighting in basement

Home Security

  • Prewired Security
  • Fire and Smoke Detector

Outdoor Features

  • Sun Deck
  • Lake, Pond or Stream
  • Covered Patio or Porch

Location

  • Suburban Location

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 02-11-17-128-025.000-038

Community Details

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,662

Year Built

Built in 2014

Lot Details

0

HOA Fees

$82 per month

Parking

3

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 2014
  • Age: 4
  • Style: Two Story
  • Total Number of Rooms: 16
  • Total Number of Rooms Below Grade: 5
  • Bedrooms: 6
  • Number Above Grade Bedrooms: 5
  • Total Bathrooms: 5
  • Total Full Bathrooms: 4
  • Total Number of Half Bathrooms: 1
  • Legal Description: GREY OAKS SEC I LOT 24 |
  • Parcel Number ID: 02-11-17-128-025.000-038
  • Platted: Yes
  • Amenities: 1st Bdrm En Suite, Attic Pull Down Stairs, Attic Storage, Bar, Breakfast Bar, Built-In Bookcase, Ceiling-9+, Ceiling-Tray, Ceiling Fan(s), Closet(s) Walk-in, Countertops-Stone, Crown Molding, Deck Open, Deck on Waterfront, Detector-Smoke, Disposal, Dryer Hook Up Electric, Eat-In Kitchen, Foyer Entry, Garage Door Opener, Garden Tub, Irrigation System, Kitchen Island, Landscaped, Laundry-Chute, Near Walking Trail, Patio Open, Porch Covered, Twin Sink Vanity, Wet Bar, Wiring-Security System, Stand Up Shower, Tub and Separate Shower, Tub/Shower Combination, Main Level Bedroom Suite, Formal Dining Room, Great Room, Main Floor Laundry, Custom Cabinetry, Jack & Jill Bath
  • Location: City/Town/Suburb, Near Walking Trail
  • Number Below Grade Bedrooms: 1
  • Sp Lp Percent: 91.83
  • Special Features: None

Interior Features

  • Total Sq Ft: 6252
  • Total Finished Sq Ft: 5267
  • Above Grade Finished Sq Ft: 3567
  • Below Grade Finished Sq Ft: 1700
  • Above Grade Unfinished Sq Ft: 807
  • Below Grade Sq Ft: 178
  • Price Per Sq Ft: 141.58
  • Basement: Yes
  • Basement Foundation: Daylight, Full Basement, Finished
  • Basement Material: Poured Concrete
  • Number Of Fireplaces: 1
  • Fireplace: Breakfast Room, Living/Great Rm, Gas Log, Two
  • Fireplace: Yes
  • Flooring: Hardwood Floors, Carpet, Ceramic Tile
  • Living Great Room: Dimensions: 16x14, On Level: Main
  • Kitchen: Dimensions: 15x12, On Level: Main
  • Breakfast Room: Dimensions: 10x14, On Level: Main
  • Dining Room: Dimensions: 12x13, On Level: Main
  • Family Room: Dimensions: 20x16, On Level: Lower
  • Den: Dimensions: 13x13, On Level: Lower
  • Recreation Room: Dimensions: 16x22, On Level: Lower
  • Extra Room: Media Room, Dimensions: 26x16, On Level: Upper
  • Bedroom 1: Dimensions: 16x14, On Level: Main
  • Bedroom 2: Dimensions: 13x14, On Level: Upper
  • Bedroom 3: Dimensions: 12x13, On Level: Upper
  • Bedroom 4: Dimensions: 11x13, On Level: Upper
  • Bedroom 5: Dimensions: 18x12, On Level: Upper
  • Other Room1: Bedroom 6, Dimensions: 12x13, On Level: Lower
  • Other Room 2: Hearth Room, Dimensions: 11x13, On Level: Main
  • 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: 1878

Exterior Features

  • Exterior: Stone, Vinyl, Cement Board
  • Roof Material: Shingle
  • Outbuilding1: None
  • Pool: Association
  • Pool: Yes

Garage/Parking

  • Driveway: Concrete
  • Garage Type: Attached
  • Garage Number Of Cars: 3
  • Garage Size: Dimensions: 22x36
  • Garage Sq Ft: 792
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Public
  • Water Utilities: City
  • Electric Company: REMC
  • Gas Company: NIPSCO
  • Water Company: Fort Wayne City Utilities
  • Cable Company: Comcast
  • Hvac: Ceiling Fan
  • Laundry: Dimensions: Mainx8, On Level: 10
  • Water Type: Pond

Condo/Co-op/Association

  • Association Restrictions: Yes
  • Association Fees: 985
  • Association Fees Frequency: Annually
  • Common Amenities: Swimming Pool, Sidewalks

Schools

  • School District: MSD of Southwest Allen Cnty
  • Elementary School: Covington
  • Middle School: Woodside
  • High School: Homestead

Lot Info

  • Lot Description: Corner, Cul-De-Sac, Water View
  • Lot Dimensions: 121x174x155x51
  • Estimated Lot Sq Ft: 22128
  • Estimated Lot Size Acres: 0.508
  • Lot Number: 24

Tax Info

  • Annual Taxes: 4662
  • Exemptions: Homestead, Mortgage

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2018
Closed on
Jun 20, 2018
Sold by
Jason Peters
Bought by
Ram Adhikari Tika
Seller's Agent
Heather Regan
Regan & Ferguson Group
Buyer's Agent
Heather Regan
Regan & Ferguson Group
List Price
$599,900
Sold Price
$505,000
Premium/Discount to List
-$94,900
-15.82%
Current Estimated Value
$872,917

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$367,917
Avg. Annual Appreciation
7.27%
Original Mortgage
$500,000
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 17, 2014
Sold by
Timberlin Homes Llc
Bought by
Peters Jason A and Peters Lana S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$399,000
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 18, 2014
Sold by
Grey Oaks Development Llc
Bought by
Timberlin Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,390
Interest Rate
4.18%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

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
Ram Adhikari Tika $505,000 --
Adhikari Tika Ram $505,000 Tardemark Title
Peters Jason A -- Fidelity Natl Title Co Llc
Timberlin Homes Llc -- Renaissance Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adhikari Tika Ram $500,000
Previous Owner Peters Jason A $399,000
Previous Owner Timberlin Homes Llc $400,390
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2018 06/22/18 Sold $505,000 -8.2% $96 / Sq Ft
05/26/2018 05/26/18 Pending -- -- --
05/12/2018 05/12/18 Price Changed $549,900 -8.3% $104 / Sq Ft
02/07/2018 02/07/18 For Sale $599,900 -- $114 / 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 $6,292 $769,000 $115,000 $654,000
2023 $6,267 $752,600 $87,900 $664,700
2022 $5,356 $675,600 $87,900 $587,700
2021 $5,023 $614,800 $87,900 $526,900
2020 $4,860 $585,100 $87,900 $497,200
2019 $4,680 $547,500 $87,900 $459,600
2018 $4,438 $525,400 $87,900 $437,500
2017 $4,626 $512,900 $87,900 $425,000
2016 $4,667 $508,400 $87,900 $420,500
2014 $14 $800 $800 $0
2013 $14 $800 $800 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201804485

Indiana Regional MLS

APN: 02-11-17-128-025.000-038