NOT LISTED FOR SALE

449 E Masterson Ave Fort Wayne, IN 46803

La Rez Neighborhood

Estimated Value: $84,000 - $107,000

3 Beds
1 Bath
1,312 Sq Ft
$71/Sq Ft Est. Value

Last Sold January 23, 2019

Last sale price $18,250 $14 Per Sq Ft

Est. 458% increase in value since last sale

Current estimated payment $573/month

22 Days on Market

Highlights

  • Covered Patio or Porch
  • Forced Air Heating System
  • Level Lot

About This Home

As of January 2019

2 story home that needs some attention. 3 bedrooms and 1 bath with a big covered porch. Seller will not complete any repairs to the subject property. either lender or buyer requested. The property is sold in AS IS condition

Last Agent to Sell the Property

Kevin Ewing

Orizon Real Estate, Inc. Listed on: 12/20/2018

Last Buyer's Agent

Marcellus Coates

JM Realty Associates, Inc.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1925

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 24x150
  • Level Lot

Parking

  • Gravel Driveway

Interior Spaces

  • 2-Story Property
  • Laminate Flooring
  • Partially Finished Basement
  • Block Basement Construction

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Additional Features

  • Covered Patio or Porch
  • Suburban Location

Listing and Financial Details

  • Assessor Parcel Number 02-12-12-153-016.000-014

Home Details

Home Type

Single Family

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1925
  • Style: Two Story
  • Bedrooms: 3
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: E 23 5 FT OF LOT 221 Lewis Addition
  • Parcel Number ID: 02-12-12-153-016.000-014
  • Platted: Yes
  • Amenities: Porch Covered
  • Location: City/Town/Suburb
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 1984
  • Total Finished Sq Ft: 1312
  • Above Grade Finished Sq Ft: 1312
  • Below Grade Sq Ft: 672
  • Basement: Yes
  • Basement Foundation: Partial Basement
  • Basement Material: Block
  • Flooring: Laminate
  • Living Great Room: Dimensions: 14x16, On Level: Main
  • Kitchen: Dimensions: 15x9, On Level: Main
  • Dining Room: Dimensions: 15x13, On Level: Main
  • Bedroom 1: Dimensions: 12x15, On Level: Main
  • Bedroom 2: Dimensions: 15x16, On Level: Upper
  • Bedroom 3: Dimensions: 12x13, On Level: Upper
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 672

Exterior Features

  • Exterior: Aluminum
  • Outbuilding1: None

Garage/Parking

  • Driveway: Gravel

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: Public
  • Water Utilities: City
  • Electric Company: AEP/I&M
  • Gas Company: NIPSCO

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 24x150
  • Estimated Lot Sq Ft: 3485
  • Estimated Lot Size Acres: 0.08

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 19, 2025
Sold by
Pantoja Pedro
Bought by
Laj Willmer
Current Estimated Value
$101,891

Purchase Details

Listed on
Dec 20, 2018
Closed on
Jan 23, 2019
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Pantoja Pedro
Seller's Agent
Kevin Ewing
Orizon Real Estate, Inc.
Buyer's Agent
Marcellus Coates
JM Realty Associates, Inc.
List Price
$19,900
Sold Price
$18,250
Premium/Discount to List
-$1,650
-8.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.74%

Purchase Details

Closed on
Aug 21, 2018
Sold by
Lesh David W and Jackson Jackie
Bought by
Federal Home Loan Mortgage Cororation

Purchase Details

Closed on
Dec 30, 2009
Sold by
Lesh Dave and Lesh David W
Bought by
Jackson Jackie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,000
Interest Rate
7%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 27, 2007
Sold by
Mcinturff Ty
Bought by
Lesh David W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,410
Interest Rate
6.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 5, 2007
Sold by
Depetrello Bernard
Bought by
Mcinturff Ty

Purchase Details

Closed on
Feb 16, 2005
Sold by
Blosser Lisbeth A
Bought by
Depetrello Bernard
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
Laj Willmer -- None Listed On Document
Pantoja Pedro $18,250 None Available
Federal Home Loan Mortgage Cororation $34,574 None Available
Jackson Jackie -- None Available
Lesh David W -- Title Express Inc
Mcinturff Ty -- Lincoln Title
Depetrello Bernard $2,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jackson Jackie $42,000
Previous Owner Lesh David W $40,410
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/23/2019 01/23/19 Sold $18,250 -8.3% $14 / Sq Ft
01/11/2019 01/11/19 Pending -- -- --
12/20/2018 12/20/18 For Sale $19,900 -- $15 / 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
2025 $470 $79,100 $16,100 $63,000
2024 $1,493 $76,000 $12,000 $64,000
2022 $1,310 $58,300 $7,200 $51,100
2021 $959 $42,800 $7,200 $35,600
2020 $797 $36,400 $800 $35,600
2019 $586 $26,900 $800 $26,100
2018 $756 $34,500 $800 $33,700
2017 $482 $21,800 $800 $21,000
2016 $431 $19,800 $800 $19,000
2014 $95 $11,800 $800 $11,000
2013 $94 $11,900 $800 $11,100
Source: Public Records

Agents Affiliated with this Home

  • Kevin Ewing

    Seller's Agent in 2019

    Kevin Ewing

    Orizon Real Estate, Inc.

    (260) 609-7416

    72 Total Sales

    Kevin Ewing
    Section Image
  • Marcellus Coates

    Buyer's Agent in 2019

    Marcellus Coates

    JM Realty Associates, Inc.

    (260) 440-0181

    27 Total Sales

    Marcellus Coates
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 201854692

Indiana Regional MLS

APN: 02-12-12-153-016.000-074

Indiana Allen County Fort Wayne 46803 La Rez

449 E Masterson Ave, Fort Wayne, IN

Not Listed for Sale

Detached

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