$28,500
SOLD DEC 9, 2015

448 W Fairfax Ave Fort Wayne, IN 46807

Fairfield Terrace/Belmont Neighborhood
2 Beds
1 Bath
864 Sq Ft
2,178 Sq Ft Lot

Recently Sold

$33 Per Sq Ft

29% Below List Price

49 Days on Market

Highlights

  • 1-Story Property
  • Level Lot
  • 4-minute walk to Kettler Park
  • Forced Air Heating and Cooling System

About This Home

As of December 2015

Perfectly updated, low maintenance home in a nice neighborhood for a great price. All brick ranch with very little yard is nice for someone wanting the freedom and benefit of home ownership, without the responsibility of a lot of yard work, a big house to maintain or a big house payment to deal with. You could pay this home off in ten years and still pay less than rent.

Last Agent to Sell the Property

Elle Hinton

Coldwell Banker Real Estate Group Listed on: 07/30/2015

Coldwell Banker Real Estate Group

Last Buyer's Agent

Elle Hinton

Coldwell Banker Real Estate Group Listed on: 07/30/2015

Coldwell Banker Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $555

Year Built

  • Built in 1955

Lot Details

  • 2,178 Sq Ft Lot
  • Lot Dimensions are 40x53
  • Level Lot

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 02-12-23-333-016.000-074

Home Details

Home Type

Single Family

Est. Annual Taxes

$555

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1955
  • Age: 60
  • Style: One Story
  • Total Number of Rooms: 4
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: S 53 Ft Lot 62, Fairfield Terrace
  • Parcel Number ID: 02-12-23-333-016.000-074
  • Platted: Yes
  • Cross Street: Fairfield
  • Investment Property: Yes
  • Section Number: A
  • Sp Lp Percent: 95.16
  • State Id: IN
  • Zoning Description: Residential
  • Special Features: None

Interior Features

  • Total Sq Ft: 864
  • Total Finished Sq Ft: 864
  • Above Grade Finished Sq Ft: 864
  • Basement Foundation: Slab
  • Living Great Room: Dimensions: 13x17, On Level: Main
  • Kitchen: Dimensions: 10x16, On Level: Main
  • Bedroom 1: Dimensions: 10x12, On Level: Main
  • Bedroom 2: Dimensions: 10x11, On Level: Main
  • Main Level Sq Ft: 864
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Brick
  • Outbuilding1: None

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City

Schools

  • School District: Fort Wayne Community
  • Elementary School: Harrison Hill
  • Middle School: Miami
  • High School: South Side

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 40x53
  • Estimated Lot Sq Ft: 2178
  • Estimated Lot Size Acres: 0.05
  • Lot Number: 62
  • Zoning: R - 1 - Single Family

Tax Info

  • Annual Taxes: 554.9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2015
Closed on
Dec 9, 2015
Sold by
Hout Adam M
Bought by
Hickle Cierra N and Hickle William
Seller's Agent
Elle Hinton
Coldwell Banker Real Estate Group
Buyer's Agent
Elle Hinton
Coldwell Banker Real Estate Group
List Price
$39,900
Sold Price
$28,500
Premium/Discount to List
-$11,400
-28.57%
Current Estimated Value
$107,964

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,464
Avg. Annual Appreciation
13.94%
Original Mortgage
$27,983
Outstanding Balance
$22,777
Interest Rate
4.37%
Mortgage Type
FHA
Estimated Equity
$77,917

Purchase Details

Closed on
Nov 6, 2014
Sold by
Hout Joshua
Bought by
Hout Adam M

Purchase Details

Listed on
Oct 9, 2012
Closed on
Nov 29, 2012
Sold by
Fannie Mae
Bought by
Hout Joshua
Seller's Agent
Rob Harris
RE/MAX Results
Buyer's Agent
Mark Noneman
Noneman Realty
List Price
$14,420
Sold Price
$14,000
Premium/Discount to List
-$420
-2.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.82%

Purchase Details

Listed on
Oct 9, 2012
Closed on
Oct 18, 2012
Sold by
Bank Of America N A
Bought by
Federal National Mortgage Association
Seller's Agent
Rob Harris
RE/MAX Results
Buyer's Agent
Mark Noneman
Noneman Realty
List Price
$14,420
Sold Price
$14,000
Premium/Discount to List
-$420
-2.91%

Purchase Details

Closed on
Sep 18, 2012
Sold by
Win Shwe and Nyo Shwe Win
Bought by
Bank Of America Na

Purchase Details

Closed on
Sep 28, 2005
Sold by
Abn Amro Mortgage Group Inc
Bought by
Win Shwe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,550
Interest Rate
5.93%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 2, 2005
Sold by
Davis Phillip R
Bought by
Abn Amro Mortgage Group Inc
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Landquest Title Group
Interfamily Deed Transfer -- None Available
Special Warranty Deed -- Meridian Title Corporation
Limited Warranty Deed -- None Available
Sheriffs Deed $25,821 None Available
Special Warranty Deed -- --
Sheriffs Deed $22,938 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $27,983 FHA
Previous Owner $8,000 Stand Alone Second
Previous Owner $27,550 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/09/2015 12/09/15 Sold $28,500 -28.6% $33 / Sq Ft
09/17/2015 09/17/15 Pending -- -- --
07/30/2015 07/30/15 For Sale $39,900 +185.0% $46 / Sq Ft
11/30/2012 11/30/12 Sold $14,000 -2.9% $16 / Sq Ft
11/07/2012 11/07/12 Pending -- -- --
10/09/2012 10/09/12 For Sale $14,420 -- $17 / 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 $1,628 $63,400 $7,600 $55,800
2022 $1,139 $51,000 $6,800 $44,200
2021 $1,240 $55,700 $5,100 $50,600
2020 $242 $44,200 $5,100 $39,100
2019 $205 $38,200 $5,100 $33,100
2018 $196 $36,600 $5,100 $31,500
2017 $162 $31,500 $5,100 $26,400
2016 $164 $31,600 $5,100 $26,500
2014 $555 $26,700 $5,100 $21,600
2013 $558 $26,900 $5,100 $21,800
Source: Public Records

Agents Affiliated with this Home

  • Elle Hinton

    Seller's Agent in 2015

    Elle Hinton

    Coldwell Banker Real Estate Group

    (260) 705-7744

    150 Total Sales

    Section Image
  • Rob Harris

    Seller's Agent in 2012

    Rob Harris

    RE/MAX

    (260) 466-6747

    50 Total Sales

    Section Image
  • Mark Noneman

    Buyer's Agent in 2012

    Mark Noneman

    Noneman Realty

    (260) 452-8778

    38 Total Sales

    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 201536507

Indiana Regional MLS

APN: 02-12-23-333-016.000-074

Indiana Allen County Fort Wayne 46807 Fairfield Terrace/Belmont

448 W Fairfax Ave, Fort Wayne, IN

This home is located at 448 W Fairfax Ave, Fort Wayne, IN 46807 and is currently priced at $28,500, approximately $32 per square foot. This property was built in 1955. 448 W Fairfax Ave is a home located in Allen County with nearby schools including Harrison Hill Elementary School, Kekionga Middle School, and South Side 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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