NOT LISTED FOR SALE

5016 Mars St Fort Wayne, IN 46845

Estimated Value: $422,000 - $618,000

5 Beds
2.5 Baths
3,397 Sq Ft
$154/Sq Ft Est. Value

Last Sold August 16, 2019

Last sale price $370,000 $109 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $3,120/month

9 Days on Market

Highlights

  • Waterfront
  • Lake, Pond or Stream
  • 1 Fireplace
  • Cedar Canyon Elementary School Rated A-
  • Partially Wooded Lot
  • 2 Car Attached Garage

About This Home

As of August 2019

Desirable 10 acre with 4 to 5 acres wooded property in NW Schools with a pond, HUGE outbuilding and over 3,300 sq ft of living space. SUPER location off Tonkel Road just 5 minutes from Parkview North. Plenty of space with living rm, family rm, formal dining, AND den all on the first floor! This 5 bedroom home features updated kitchen with hickory cabinets, granite counter tops, and stainless steel appliances, OVERSIZED 26 x 14 cathedral ceiling master bedroom, and finished basement with rec room open to kitchenette with refrigerator, stove, and 10' bar. Updates include newer heat pump & central air, vinyl siding, updated windows, and much more. 48 x 70 outbuilding is well insulated and large enough for business needs or all your toys plus there is a working half bath! Great curb appeal with big country porch and side load garage. Home has been connected to city sewer so no septic concerns like most country properties. This home checks all the boxes of the most desired features in a country property.

Last Agent to Sell the Property

Robert Blythe

North Eastern Group Realty Listed on: 06/25/2019

North Eastern Group Realty

Co-Listed By

Ryan Blythe

North Eastern Group Realty

Last Buyer's Agent

Justin Walborn

Mike Thomas Assoc., Inc

Mike Thomas Assoc., Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,932

Year Built

  • Built in 1967

Lot Details

  • 10 Acre Lot
  • Lot Dimensions are 927x565x637x308x291x225
  • Waterfront
  • Partially Wooded Lot
  • Property is zoned R1

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • 1 Fireplace
  • Electric Dryer Hookup

Bedrooms and Bathrooms

  • 5 Bedrooms

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Outdoor Features

  • Lake, Pond or Stream

Schools

  • Cedar Canyon Elementary School
  • Maple Creek Middle School
  • Carroll High School

Utilities

  • Central Air
  • Radiant Ceiling
  • Heat Pump System
  • Private Company Owned Well
  • Well

Listing and Financial Details

  • Assessor Parcel Number 02-02-24-451-007.002-057

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,932

Year Built

Built in 1967

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1967
  • Age: 52
  • Style: Two Story
  • Total Number of Rooms: 12
  • Total Number of Rooms Below Grade: 11
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 5
  • Total Bathrooms: 3
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Legal Description: 9.663 ac tr S 1/2 SE 1/4 Sec 24 1013.4 ft W of SE cor SE 1/4
  • Parcel Number ID: 02-02-24-451-007.002-057
  • Platted: Yes
  • Amenities: Dryer Hook Up Electric, Sump Pump
  • Sp Lp Percent: 92.52
  • County Zoning: R1
  • Year Taxes Payable: 2019
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 4551
  • Total Finished Sq Ft: 3397
  • Above Grade Finished Sq Ft: 2677
  • Below Grade Finished Sq Ft: 720
  • Below Grade Sq Ft: 1154
  • Price Per Sq Ft: 138.21
  • Basement: Yes
  • Basement Foundation: Full Basement, Partially Finished
  • Number Of Fireplaces: 1
  • Fireplace: Family Rm
  • Fireplace: Yes
  • Living Great Room: Dimensions: 18x13, On Level: Main
  • Kitchen: Dimensions: 11x11, On Level: Main
  • Breakfast Room: Dimensions: 11x8, On Level: Main
  • Dining Room: Dimensions: 11x10, On Level: Main
  • Family Room: Dimensions: 21x11, On Level: Main
  • Recreation Room: Dimensions: 30x24, On Level: Lower
  • Bedroom 1: Dimensions: 26x14, On Level: Upper
  • Bedroom 2: Dimensions: 13x12, On Level: Upper
  • Bedroom 3: Dimensions: 13x10, On Level: Upper
  • Bedroom 4: Dimensions: 11x10, On Level: Upper
  • Bedroom 5: Dimensions: 11x10, On Level: Upper
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 1874

Exterior Features

  • Exterior: Brick, Vinyl
  • Outbuilding1: Pole/Post Building, Dimensions: 72x48

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 25x22
  • Garage Sq Ft: 550
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Ceiling, Heat Pump
  • Sewer: City
  • Water Utilities: Well
  • Water Type: Pond
  • Well Type: Private

Schools

  • School District: Northwest Allen County
  • Elementary School: Cedar Canyon
  • Middle School: Maple Creek
  • High School: Carroll
  • Elementary School: Cedar Canyon

Lot Info

  • Lot Description: Partially Wooded
  • Lot Dimensions: 927x565x637x308x291x225
  • Estimated Lot Sq Ft: 435600
  • Estimated Lot Size Acres: 10

Tax Info

  • Annual Taxes: 2932
  • Exemptions: Homestead, Mortgage

MLS Schools

  • High School: Carroll
  • Middle School: Maple Creek
  • School District: Northwest Allen County

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2019
Closed on
Aug 16, 2019
Sold by
Chambers Donald
Bought by
Metzger Jason and Metzger Lacey
Seller's Agent
Robert Blythe
North Eastern Group Realty
Buyer's Agent
Justin Walborn
Mike Thomas Assoc., Inc
List Price
$399,900
Sold Price
$370,000
Premium/Discount to List
-$29,900
-7.48%
Current Estimated Value
$524,337

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$154,337
Avg. Annual Appreciation
5.85%
Original Mortgage
$351,500
Outstanding Balance
$307,849
Interest Rate
3.7%
Estimated Equity
$216,488

Purchase Details

Closed on
Aug 1, 2018
Sold by
Sistevaris Builders Llc
Bought by
Bellio Argie and Bellio Biljana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$613,903
Interest Rate
4.54%

Purchase Details

Closed on
Jun 30, 2016
Sold by
Blake Brian R
Bought by
Chambers Donald and Chambers Kristina
Source: Public Records

Range of Values:

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Average Value
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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
Metzger Jason $370,000 Metropolitan Title Of In Llc
Bellio Argie -- --
Chambers Donald $317,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Metzger Jason $351,500
Previous Owner Bellio Argie $613,903
Previous Owner Bellio Argie --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2019 08/16/19 Sold $370,000 -7.5% $109 / Sq Ft
07/04/2019 07/04/19 Pending -- -- --
06/30/2019 06/30/19 For Sale $399,900 0.0% $118 / Sq Ft
06/29/2019 06/29/19 Pending -- -- --
06/25/2019 06/25/19 For Sale $399,900 +25.8% $118 / Sq Ft
10/30/2015 10/30/15 Sold $318,000 -15.2% $94 / Sq Ft
09/25/2015 09/25/15 Pending -- -- --
07/04/2015 07/04/15 For Sale $375,000 -- $111 / 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 $4,075 $492,400 $118,400 $374,000
2023 $4,075 $442,300 $118,400 $323,900
2022 $22 $1,500 $1,500 $0
2021 $24 $342,400 $123,000 $219,400
2020 $25 $317,100 $123,000 $194,100
2019 $26 $300,500 $123,000 $177,500
2018 $26 $272,400 $111,800 $160,600
2017 $28 $269,200 $111,800 $157,400
2016 $3,068 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201926629

Indiana Regional MLS

APN: 02-02-24-451-007.002-057