NOT LISTED FOR SALE

4025 Vermilion Cliffs Fort Wayne, IN 46814

Estimated Value: $997,000 - $1,221,000

0.37 Acre
$3,003,217 Price per Acre
16,305 Sq Ft Lot

Last Sold September 23, 2022

Last sale price $85,000

Est. 1,222% increase in value since last sale

Current estimated payment $6,235/month

219 Days on Market

About This Lot

As of September 2022

Ready For Your New Villa! This Villa Lot In The Cliffs Is Your Chance!! A Custom Villa Site Open To All Builders Gives Opportunity For You To Create The Home Of Your Dreams. Offering An Exclusive Community With Private Streets & Well Maintained Landscaping. You Can Jog Or Hike In The Beautiful Surrounding Parks, & Fish In The Nearby Ponds. This Corner Lot Is Located On Rolling Terrain, & The Fees Include Mowing, Trimming, Mulching, Weed Control, Snow Removal, Edging, Tree &Shrub Pruning, & Fertilizing. See Attached Plot Plan & Potential House Plans Too! Soil Borings & Survey Are Done!

Last Agent to Sell the Property

Bradley Stinson

North Eastern Group Realty Listed on: 12/04/2021

North Eastern Group Realty

Last Buyer's Agent

Katie Penny

Mike Thomas Assoc., Inc

Mike Thomas Assoc., Inc

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $975

Lot Details

  • 0.37 Acre Lot
  • Lot Dimensions are 43x149x19x88x5x46x168
  • Property fronts a county road
  • Finished Lot(s)

HOA Fees

  • $153 Monthly HOA Fees

Parking

  • Driveway

Schools

  • Covington Elementary School
  • Woodside Middle School
  • Homestead High School

Utilities

  • Heating System Uses Gas

Community Details

  • The Cliffs Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Assessor Parcel Number 02-11-18-408-025.000-038

Property Details

Property Type

Land

Est. Annual Taxes

$975

Lot Details

0

HOA Fees

$153 per month

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Residential Land
  • Legal Description: The Cliffs lot 44
  • Parcel Number ID: 02-11-18-408-025.000-038
  • Platted: Yes
  • Road Access: County
  • Road Surface: Asphalt
  • Parcel Description: Corner, Partially Wooded, Rolling
  • Restrictions: Covenants
  • Type of Sale: Traditional
  • Platted Development: Yes
  • Type Use: Residential
  • Special Features: None

Exterior Features

  • Road Frontage: County

Utilities

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

Condo/Co-op/Association

  • Association Fees: 1840
  • Association Fees Frequency: Annually
  • Other Fee Description: Villa Dues
  • Other Fees Dollar: 3000

Schools

  • Elementary School: Covington

Lot Info

  • Lot Dimensions: 43x149x19x88x5x46x168
  • Estimated Lot Sq Ft: 16305
  • Estimated Lot Size Acres: 0.3743
  • Lot Number: 44
  • Easements: Yes

Tax Info

  • Annual Taxes: 975

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 28, 2025
Sold by
Perfect Properties Us Llc
Bought by
Penny Thomas and Penny Teresa
Current Estimated Value
$1,124,104

Purchase Details

Listed on
Dec 4, 2021
Closed on
Sep 23, 2022
Sold by
Keil Edward J
Bought by
Perfect Properties Us Llc
Seller's Agent
Bradley Stinson
North Eastern Group Realty
Buyer's Agent
Katie Penny
Mike Thomas Assoc., Inc
List Price
$94,900
Sold Price
$85,000
Premium/Discount to List
-$9,900
-10.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
123.53%
Original Mortgage
$700,000
Interest Rate
5.55%
Mortgage Type
Construction

Purchase Details

Listed on
Jul 21, 2021
Closed on
Aug 25, 2021
Sold by
Mattes George and Mattes Linda
Bought by
Keil Edward J
Seller's Agent
Jared Kent
Anthony REALTORS
Buyer's Agent
Bradley Stinson
North Eastern Group Realty
List Price
$79,900
Sold Price
$75,000
Premium/Discount to List
-$4,900
-6.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.17%

Purchase Details

Listed on
Jul 21, 2021
Closed on
Aug 20, 2021
Sold by
Mattes George and Mattes Linda
Bought by
Keil Edward J
Seller's Agent
Jared Kent
Anthony REALTORS
Buyer's Agent
Bradley Stinson
North Eastern Group Realty
List Price
$79,900
Sold Price
$75,000
Premium/Discount to List
-$4,900
-6.13%

Purchase Details

Closed on
Aug 31, 2018
Sold by
Ternet Development Inc
Bought by
George Mattes
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Penny Thomas -- None Listed On Document
Perfect Properties Us Llc -- Metropolitan Title
Keil Edward J -- None Available
Keil Edward J -- None Listed On Document
George Mattes $20,000 --
Mattes George $20,000 Liberty Title & Escrow Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Perfect Properties Us Llc $700,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/23/2022 09/23/22 Sold $85,000 -14.6% --
07/11/2022 07/11/22 Pending -- -- --
05/24/2022 05/24/22 Price Changed $99,500 +4.8% --
12/04/2021 12/04/21 For Sale $94,900 +26.5% --
08/20/2021 08/20/21 Sold $75,000 -6.1% -- View Prior Sale
07/24/2021 07/24/21 Pending -- -- --
07/21/2021 07/21/21 For Sale $79,900 -- --
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 $2,024 $1,183,100 $89,700 $1,093,400
2023 $1,025 $65,200 $65,200 $0
2022 $908 $65,200 $65,200 $0
2021 $954 $65,200 $65,200 $0
2020 $975 $65,200 $65,200 $0
2019 $352 $22,800 $22,800 $0
2018 $17 $1,100 $1,100 $0
2017 $18 $1,100 $1,100 $0
2016 $23 $1,100 $1,100 $0
2014 $19 $1,100 $1,100 $0
2013 $20 $1,100 $1,100 $0
Source: Public Records

Agents Affiliated with this Home

  • Bradley Stinson

    Seller's Agent in 2022

    Bradley Stinson

    North Eastern Group Realty

    (260) 615-6753

    52 in this area

    250 Total Sales

    Bradley Stinson
    Section Image
  • Katie Penny

    Buyer's Agent in 2022

    Katie Penny

    Mike Thomas Assoc., Inc

    (317) 586-3545

    7 in this area

    13 Total Sales

    Katie Penny
    Section Image
  • Jared Kent

    Seller's Agent in 2021

    Jared Kent

    Anthony REALTORS

    (260) 433-1015

    13 in this area

    155 Total Sales

    Jared Kent
    Section Image
See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 202150010

Indiana Regional MLS

APN: 02-11-18-408-025.000-038

Indiana Allen County Fort Wayne 46814

4025 Vermilion Cliffs, Fort Wayne, IN

Not Listed for Sale

Lots

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