NOT LISTED FOR SALE

Estimated Value: $206,480

6.35 Acres
$32,517 Price per Acre
276,606 Sq Ft Lot

Last Sold March 07, 2022

Last sale price $175,500

Est. 18% increase in value since last sale

Current estimated payment $1,457/month

84 Days on Market

About This Lot

As of March 2022

6.35 +/- Acre Industrial Lot Zoned I-2. Conveniently located in southwest Fort Wayne near the intersection of Engle and Ardmore, Engle Ridge Industrial Park offers a great location for many business types. This property offers an abundance of space for a wide range of building sizes, parking space, and on-site water detention. This private cul-de-sac lot offers a private setting with partially and heavily wooded land.

Last Agent to Sell the Property

Joshua Lewis

Steffen Group Listed on: 10/15/2021

Last Buyer's Agent

Melanie Wilburn

Keller Williams Realty Group

Keller Williams Realty Group

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,169

Lot Details

  • 6.35 Acre Lot
  • Property fronts an easement
  • Finished Lot(s)
  • Property is zoned I2, I-2 General Industrial

Parking

  • Driveway

Schools

  • Indian Village Elementary School
  • Kekionga Middle School
  • Wayne High School

Community Details

  • Engle Ridge North Subdivision

Listing and Financial Details

  • Assessor Parcel Number 02-12-17-477-001.000-074

Property Details

Property Type

Land

Est. Annual Taxes

$2,169

Lot Details

0

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Industrial Land
  • Legal Description: Engle Ridge North AMD Sub Lot L
  • Parcel Number ID: 02-12-17-477-001.000-074
  • Platted: Yes
  • Road Access: City
  • Road Surface: Asphalt
  • Sp Lp Percent: 88.19
  • Zoning Description: I-2 General Industrial
  • Parcel Description: Cul-De-Sac, Heavily Wooded, Level, Undeveloped, 6-9.999
  • Type of Sale: Traditional
  • Platted Development: Yes
  • Type Use: Commercial, Industrial
  • Year Taxes Payable: 2021
  • Special Features: None

Exterior Features

  • Road Frontage: City

Utilities

  • Water Utilities: City
  • Sewer Type: City

Schools

  • School District: Fort Wayne Community
  • Elementary School: Indian Village
  • Middle School: Kekionga
  • High School: Wayne
  • Elementary School: Indian Village

Lot Info

  • Lot Dimensions: 6.35 Acres
  • Estimated Lot Sq Ft: 276606
  • Estimated Lot Size Acres: 6.35
  • Easements: Yes

Tax Info

  • Annual Taxes: 2168.91

MLS Schools

  • High School: Wayne
  • Middle School: Kekionga
  • School District: Fort Wayne Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2021
Closed on
Mar 7, 2022
Sold by
Bold Llc
Bought by
Michael Paul Properties Llc
Seller's Agent
Joshua Lewis
Steffen Group
Buyer's Agent
Melanie Wilburn
Keller Williams Realty Group
List Price
$199,000
Sold Price
$175,500
Premium/Discount to List
-$23,500
-11.81%
Current Estimated Value
$206,480

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,980
Avg. Annual Appreciation
3.83%
Original Mortgage
$131,250
Interest Rate
3.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 18, 2018
Sold by
Palermo Alex A
Bought by
Bold Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,875
Interest Rate
4.4%
Mortgage Type
Commercial

Purchase Details

Closed on
May 22, 2014
Sold by
Palermo Jeffrey F and Palermo Jeff
Bought by
Palermo Alex A

Purchase Details

Closed on
Mar 28, 2008
Sold by
Davis Rebecca Ann
Bought by
Palermo Jeffrey F and Palermo Jeff

Purchase Details

Closed on
Sep 19, 2002
Sold by
Davis Larry Lee and Davis Rebecca Ann
Bought by
Davis Rebecca Ann
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Michael Paul Properties Llc $175,500 Urberg Konrad M L
Bold Llc $65,000 Metropolitan Title Of In Llc
Palermo Alex A -- None Available
Palermo Jeffrey F -- Lawyers Title
Davis Rebecca Ann -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Michael Paul Properties Llc $783,000
Closed Michael Paul Properties Llc $131,250
Previous Owner Bold Llc $49,875
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2022 03/07/22 Sold $175,500 -11.8% --
01/07/2022 01/07/22 Pending -- -- --
10/15/2021 10/15/21 For Sale $199,000 -- --
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 $4,288 $158,800 $158,800 --
2022 $1,965 $70,500 $70,500 $0
2021 $2,096 $70,500 $70,500 $0
2020 $2,169 $70,500 $70,500 $0
2019 $2,247 $70,500 $70,500 $0
2018 $3,048 $95,300 $95,300 $0
2017 $3,067 $95,300 $95,300 $0
2016 $3,036 $95,300 $95,300 $0
2014 $2,934 $95,300 $95,300 $0
2013 $2,931 $95,300 $95,300 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202143618

Indiana Regional MLS

APN: 02-12-17-477-001.000-074