NOT LISTED FOR SALE

5130 Orinoco Run Fort Wayne, IN 46818

Estimated Value: $427,000 - $459,000

5 Beds
3 Baths
2,820 Sq Ft
$156/Sq Ft Est. Value

Last Sold April 04, 2024

Last sale price $416,402 $148 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,344/month

97 Days on Market

Highlights

  • Waterfront
  • Lake, Pond or Stream
  • 3 Car Attached Garage
  • Arcola Elementary School Rated A
  • Solid Surface Countertops
  • Breakfast Bar

About This Home

As of April 2024

Estimated Completion of December 15 and available now! Designed for comfort and modern living. Spacious 2,820 Sq Ft BRAND NEW 5 bedroom, 3 full bath with 3 living spaces and 3 car garage. Located in award winning Carroll Schools in a quiet country setting with a pond view but close to all NW Allen amenities. Features include Island kitchen with quality cabinets, hard surface countertops, recessed lighting, pantry and upgrade stainless steel appliances. Nice master suite with spacious closet and tile shower. 5th bedroom is conveniently located on main level next to the full bath. Amenities include 9' ceilings on main level, contemporary fireplace, many windows for an abundance of natural light, and convenient 2nd floor laundry room. The Rowan is a high performance, energy efficient home. Enjoy peace of mind with a 10-year structural warranty, 4-year workmanship on the roof, and Industry-Best Customer Care Program. Visit the Rowan in Drakes Pointe and discover a place where you belong.

Last Agent to Sell the Property

Robert Blythe

North Eastern Group Realty Brokerage Phone: 260-760-5891 Listed on: 10/19/2023

North Eastern Group Realty

Co-Listed By

Ryan Blythe

North Eastern Group Realty Brokerage Phone: 260-760-5891

Last Buyer's Agent

Kelly Werth

Noll Team Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $85

Year Built

  • Built in 2023

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 71x148x70x135
  • Waterfront
  • Level Lot

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Slab Foundation
  • Stone Exterior Construction
  • Vinyl Construction Material

Interior Spaces

  • 2,820 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Living Room with Fireplace
  • Gas And Electric Dryer Hookup

Kitchen

  • Breakfast Bar
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms

Outdoor Features

  • Lake, Pond or Stream

Schools

  • Arcola Elementary School
  • Carroll Middle School
  • Carroll High School

Utilities

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

Community Details

  • Drakes Pointe Subdivision

Listing and Financial Details

  • Assessor Parcel Number 02-01-35-230-001.000-044

Home Details

Home Type

Single Family

Est. Annual Taxes

$85

Year Built

Built in 2023

Lot Details

0

Parking

3

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 2023
  • Age: 1
  • Style: Two Story
  • Total Number of Rooms: 10
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 5
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: Drakes Pointe Sec 2, Lot 51
  • Parcel Number ID: 02-01-35-230-001.000-044
  • Platted: Yes
  • Amenities: Breakfast Bar, Ceiling-9+, Ceiling Fan(s), Countertops-Solid Surf, Disposal, Dryer Hook Up Gas/Elec, Garage Door Opener
  • Sp Lp Percent: 98
  • Year Taxes Payable: 2023
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Total Sq Ft: 2820
  • Total Finished Sq Ft: 2820
  • Above Grade Finished Sq Ft: 2820
  • Price Per Sq Ft: 147.66
  • Basement Foundation: Slab
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm
  • Fireplace: Yes
  • Living Great Room: Dimensions: 17x17, On Level: Main
  • Kitchen: Dimensions: 15x11, On Level: Main
  • Breakfast Room: Dimensions: 12x10, On Level: Main
  • Den: Dimensions: 12x11, On Level: Main
  • Bedroom 1: Dimensions: 17x14, On Level: Upper
  • Bedroom 2: Dimensions: 12x11, On Level: Upper
  • Bedroom 3: Dimensions: 13x10, On Level: Upper
  • Bedroom 4: Dimensions: 13x11, On Level: Upper
  • Bedroom 5: Dimensions: 12x11, On Level: Main
  • Loft: Dimensions: 15x13, On Level: Upper
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Stone, Vinyl
  • Outbuilding1: None

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 3
  • Garage Size: Dimensions: 20x30
  • Garage Sq Ft: 600
  • Garage: Yes

Utilities

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

Schools

  • School District: Northwest Allen County
  • Elementary School: Arcola
  • Middle School: Carroll
  • High School: Carroll
  • Elementary School: Arcola

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 71x148x70x135
  • Estimated Lot Sq Ft: 10019
  • Estimated Lot Size Acres: 0.23
  • Lot Number: 51

Tax Info

  • Annual Taxes: 79

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2023
Closed on
Apr 12, 2024
Sold by
Olthof Homes-Fort Wayne Llc
Bought by
Gatchell Ian T and Gatchell Holly C
Seller's Agent
Robert Blythe
North Eastern Group Realty
Buyer's Agent
Kelly Werth
Noll Team Real Estate
List Price
$424,900
Sold Price
$416,402
Premium/Discount to List
-$8,498
-2%
Views
112
Current Estimated Value
$440,872

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,470
Avg. Annual Appreciation
3.93%
Original Mortgage
$416,402
Outstanding Balance
$410,180
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$30,692

Purchase Details

Listed on
Oct 19, 2023
Closed on
Apr 4, 2024
Sold by
Olthof Homes-Fort Wayne Llc
Bought by
Gatchell Ian T and Gatchell Holly C
Seller's Agent
Robert Blythe
North Eastern Group Realty
Buyer's Agent
Kelly Werth
Noll Team Real Estate
List Price
$424,900
Sold Price
$416,402
Premium/Discount to List
-$8,498
-2%
Views
112

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,402
Outstanding Balance
$410,180
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$30,692

Purchase Details

Closed on
Jun 22, 2022
Sold by
North Eastern Development Corp
Bought by
Olth Of Homes-Fort Wayne Llc

Purchase Details

Closed on
Jun 16, 2022
Sold by
North Eastern Development Corp
Bought by
Olth Of Homes-Fort Wayne Llc
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
Gatchell Ian T $416,402 Fidelity National Title
Gatchell Ian T -- Fidelity National Title
Olth Of Homes-Fort Wayne Llc $57,225 Stauffer Terry A
Olth Of Homes-Fort Wayne Llc -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gatchell Ian T $416,402
Closed Gatchell Ian T $416,402
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2024 04/04/24 Sold $416,402 -2.0% $148 / Sq Ft
01/31/2024 01/31/24 For Sale $424,900 0.0% $151 / Sq Ft
01/31/2024 01/31/24 Price Changed $424,900 +2.0% $151 / Sq Ft
01/25/2024 01/25/24 Price Changed $416,402 -2.0% $148 / Sq Ft
01/24/2024 01/24/24 Pending -- -- --
01/17/2024 01/17/24 Price Changed $424,900 -3.4% $151 / Sq Ft
01/04/2024 01/04/24 Price Changed $439,900 -1.9% $156 / Sq Ft
10/19/2023 10/19/23 For Sale $448,266 -- $159 / 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 $85 $455,500 $72,500 $383,000
2023 $10 $600 $600 $0
2022 $9 $600 $600 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202338497

Indiana Regional MLS

APN: 02-01-35-230-001.000-044