NOT LISTED FOR SALE

3312 Schmidt Ln Fort Wayne, IN 46816

Estimated Value: $176,000 - $260,000

3 Beds
2 Baths
1,743 Sq Ft
$130/Sq Ft Est. Value

Last Sold May 23, 2023

Last sale price $130,000 $75 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $1,308/month

16 Days on Market

Highlights

  • Dining Room with Fireplace
  • 3 Car Attached Garage
  • ADA Inside
  • Partially Wooded Lot
  • Bathtub with Shower
  • 1-Story Property

About This Home

As of May 2023

The good, the bad and the ugly.... This home has it all! Let's start with the good... Tons of potential! Lots of space inside and out for this 3 bedroom, 2 bath ranch home on a basement sitting on 1 acre of land only 2 minutes from 469. Hardwood floors that could be beautifully refinished. Attached 3 car garage with one new door. Circle driveway. Large kitchen with nice wood cabinets. Freshly graded lane and drive. Now for the bad and the ugly... Wall paper. Some interesting smells. One room that is unfinished. Driveway will get muddy and should be rocked or paved. Needs new paint, but only after you scrub it clean, then scrub again and again and again! Electric baseboard heating and wall air conditioners. Yard work that's been waiting for you. This will not pass for FHA or VA loans.

Last Agent to Sell the Property

Elle Hinton

Coldwell Banker Real Estate Gr Listed on: 04/03/2023

Coldwell Banker Real Estate Gr

Last Buyer's Agent

Kaleefa Simpson

eXp Realty, LLC

eXp Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $431

Year Built

  • Built in 1966

Lot Details

  • 1 Acre Lot
  • Lot Dimensions are 442x192x279x121
  • Dirt Road
  • Private Streets
  • Partially Wooded Lot
  • Property is zoned R1

Parking

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

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • 2 Fireplaces
  • Formal Dining Room
  • Partially Finished Basement
  • Sump Pump

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Separate Shower

Laundry

  • Laundry on main level
  • Washer and Electric Dryer Hookup

Accessible Home Design

  • ADA Inside

Schools

  • Heritage Elementary And Middle School
  • Heritage High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Private Company Owned Well
  • Well

Listing and Financial Details

  • Assessor Parcel Number 02-18-05-302-001.000-051

Home Details

Home Type

Single Family

Est. Annual Taxes

$431

Year Built

Built in 1966

Lot Details

1 Acres

Parking

3

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1966
  • Style: One Story
  • Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: E 1A OF W 614.4 FT S OF N 760FT SW1/4 SEC 5
  • Parcel Number ID: 02-18-05-302-001.000-051
  • Platted: Yes
  • Amenities: ADA Features, Deck Open, Dryer Hook Up Electric, Garage Door Opener, Stand Up Shower, Tub/Shower Combination, Formal Dining Room, Main Floor Laundry, Sump Pump, Washer Hook-Up
  • Investment Property: Yes
  • Road Access: Private
  • Road Surface: Dirt
  • County Zoning: R1
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 3349
  • Total Finished Sq Ft: 1743
  • Above Grade Finished Sq Ft: 1743
  • Above Grade Unfinished Sq Ft: 150
  • Below Grade Sq Ft: 1456
  • Basement: Yes
  • Basement Foundation: Partial Basement
  • Number Of Fireplaces: 2
  • Fireplace: Dining Rm, Family Rm, Living/Great Rm
  • Fireplace: Yes
  • Bedroom 1: Dimensions: 12x12, On Level: Main
  • Bedroom 2: Dimensions: 12x10, On Level: Main
  • Bedroom 3: Dimensions: 12x10, On Level: Main
  • Main Level Sq Ft: 1893
  • Number of Main Level Full Bathrooms: 2
  • Total Below Grade Sq Ft: 1456

Exterior Features

  • Exterior: Vinyl
  • Outbuilding1: None

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 3
  • Garage Size: Dimensions: 25x36
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Window
  • Heating Fuel: Electric, Baseboard
  • Sewer: City
  • Water Utilities: Well
  • Well Type: Private

Schools

  • Elementary School: Heritage

Lot Info

  • Lot Description: Partially Wooded
  • Lot Dimensions: 442x192x279x121
  • Estimated Lot Sq Ft: 43560
  • Estimated Lot Size Acres: 1

Tax Info

  • Annual Taxes: 431.26
  • Exemptions: Homestead, Mortgage, Over 65

MLS Schools

  • High School: Heritage
  • Middle School: Heritage
  • School District: East Allen County

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2023
Closed on
May 19, 2023
Sold by
H Arlene Schmidt Revocable Trust
Bought by
Than Ma Kyi
Seller's Agent
Elle Hinton
Coldwell Banker Real Estate Gr
Buyer's Agent
Kaleefa Simpson
eXp Realty, LLC
List Price
$145,000
Sold Price
$130,000
Premium/Discount to List
-$15,000
-10.34%
Views
482
Current Estimated Value
$226,085

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,085
Avg. Annual Appreciation
22.38%
Original Mortgage
$123,500
Outstanding Balance
$119,694
Interest Rate
6.43%
Mortgage Type
New Conventional
Estimated Equity
$106,391

Purchase Details

Closed on
Nov 30, 2004
Sold by
Schmidt H Arlene
Bought by
Schmidt H Arlene and The H Arlene Schmidt Revocable Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Than Ma Kyi $130,000 None Listed On Document
Schmidt H Arlene -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Than Ma Kyi $123,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/23/2023 05/23/23 Sold $130,000 -10.3% $75 / Sq Ft
04/19/2023 04/19/23 Pending -- -- --
04/03/2023 04/03/23 For Sale $145,000 -- $83 / Sq Ft
Source: Indiana Regional MLS

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
2025 $1,721 $230,500 $32,000 $198,500
2024 $1,375 $221,500 $32,000 $189,500
2022 $431 $175,100 $29,000 $146,100
2021 $423 $133,100 $29,000 $104,100
2020 $415 $133,100 $29,000 $104,100
2019 $1,009 $131,500 $29,000 $102,500
2018 $398 $131,500 $29,000 $102,500
2017 $391 $117,500 $29,000 $88,500
2016 $383 $118,500 $29,000 $89,500
2014 $368 $107,200 $29,000 $78,200
2013 $361 $104,000 $29,000 $75,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202309807

Indiana Regional MLS

APN: 02-18-05-302-001.000-051

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