NOT LISTED FOR SALE

516 Timberlake Trail Fort Wayne, IN 46804

Estimated Value: $289,000 - $324,000

3 Beds
2 Baths
1,700 Sq Ft
$177/Sq Ft Est. Value

Sale Details

Date Sold: January 24, 2022

Last sale price $245,000 $144 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $1,839 / mo

3 Days on Market

Highlights

  • Water Views
  • Primary Bedroom Suite
  • Cathedral Ceiling
  • Homestead Senior High School Rated A
  • Ranch Style House
  • Great Room

About This Home

As of January 2022

Open Sunday 1-3, 1/16/21. Come see this beautiful, cul-de-sac adjacent Shorewood Ranch with lovely water view and excellent SWAC schools. As you walk in, enjoy an expansive living room with a cathedral ceiling accented with a wood beam and a brick fireplace flanked with natural light on both sides. This ranch offers a split bedroom floor plan with two bedrooms on the left, sharing a bath; one with a view of the water and the other with a cathedral ceiling. As you traverse back through the living room, there is a formal dining room open to both the kitchen and living room. The kitchen includes all appliances and features a nice-sized casual eating area. The generous sized Master bedroom features a large walk-in closet with ample built-ins and the attached ensuite has a double vanity, jacuzzi tub and separate shower. The laundry room includes a washer and dryer and leads to the two-car garage. Shorewood is near many amenities including grocery, restaurants and hardware stores with easy access via a light at Illinois Road. Newer Furnace. Front of home recently painted and the shrubbery trimmed ready for Spring. Taxes will be reduced when a homestead exemption is filed.

Last Agent to Sell the Property

Jane Yoder

RE/MAX Results Listed on: 01/13/2022

RE/MAX Results

Co-Listed By

Jennifer Jenson

RE/MAX Results

Last Buyer's Agent

Joseph Bruce

CENTURY 21 Bradley Realty, Inc

CENTURY 21 Bradley Realty, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,722

Year Built

  • Built in 1992

Lot Details

  • 16,017 Sq Ft Lot
  • Lot Dimensions are 188x93x165x90
  • Level Lot

HOA Fees

  • $10 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Home Design

  • Ranch Style House
  • Traditional Architecture
  • Asphalt Roof
  • Wood Siding
  • Vinyl Construction Material

Interior Spaces

  • 1,700 Sq Ft Home
  • Cathedral Ceiling
  • Screen For Fireplace
  • Gas Log Fireplace
  • Entrance Foyer
  • Great Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Water Views
  • Pull Down Stairs to Attic

Kitchen

  • Oven or Range
  • Laminate Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Double Vanity
  • Bathtub With Separate Shower Stall
  • Garden Bath

Laundry

  • Laundry on main level
  • Washer and Electric Dryer Hookup

Schools

  • Whispering Meadows Elementary School
  • Summit Middle School
  • Homestead High School

Utilities

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

Additional Features

  • Covered Deck
  • Suburban Location

Listing and Financial Details

  • Assessor Parcel Number 02-11-02-303-021.000-075

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,722

Year Built

Built in 1992

Lot Details

0.37 Acres

HOA Fees

$10 per month

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1992
  • Style: One Story
  • Architectural Style: Ranch, Traditional
  • Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: SHOREWOOD SEC III LOT 136
  • Parcel Number ID: 02-11-02-303-021.000-075
  • Platted: Yes
  • Amenities: 1st Bdrm En Suite, Attic Pull Down Stairs, Ceiling-Cathedral, Closet(s) Walk-in, Countertops-Laminate, Deck Covered, Disposal, Dryer Hook Up Electric, Foyer Entry, Garage Door Opener, Jet/Garden Tub, Range/Oven Hk Up Gas/Elec, Six Panel Doors, Split Br Floor Plan, Twin Sink Vanity, Stand Up Shower, Tub and Separate Shower, Tub/Shower Combination, Main Level Bedroom Suite, Formal Dining Room, Great Room, Main Floor Laundry, Washer Hook-Up
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1700
  • Total Finished Sq Ft: 1700
  • Above Grade Finished Sq Ft: 1700
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm, Fireplace Screen/Door, Gas Log
  • Fireplace: Yes
  • Flooring: Carpet, Laminate, Tile
  • Living Great Room: Dimensions: 18x18, On Level: Main
  • Kitchen: Dimensions: 19x14, On Level: Main
  • Dining Room: Dimensions: 11x11, On Level: Main
  • Bedroom 1: Dimensions: 14x14, On Level: Main
  • Bedroom 2: Dimensions: 12x11, On Level: Main
  • Bedroom 3: Dimensions: 12x11, On Level: Main
  • Number of Main Level Full Bathrooms: 2

Exterior Features

  • Exterior: Vinyl, Wood
  • Roof Material: Asphalt
  • Outbuilding1: None

Garage/Parking

  • Driveway: Concrete
  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 22x21
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: AEP/I&M
  • Gas Company: NIPSCO
  • Water Company: Fort Wayne City Utilities
  • Laundry: Dimensions: Mainx6, On Level: 6

Condo/Co-op/Association

  • Association Fees: 125
  • Association Fees Frequency: Annually

Schools

  • Elementary School: Whispering Meadows

Lot Info

  • Lot Description: Level, Water View
  • Lot Dimensions: 188x93x165x90
  • Estimated Lot Sq Ft: 16017
  • Estimated Lot Size Acres: 0.3677
  • Lot Number: 136

Tax Info

  • Annual Taxes: 3722

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2022
Closed on
Jan 22, 2022
Sold by
Marshall Rita A Little
Bought by
Mccray Bonnie L
Seller's Agent
Jane Yoder
RE/MAX Results
Buyer's Agent
Joseph Bruce
CENTURY 21 Bradley Realty, Inc
List Price
$230,000
Sold Price
$245,000
Premium/Discount to List
$15,000
6.52%
Current Estimated Value
$301,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,667
Avg. Annual Appreciation
4.98%

Purchase Details

Closed on
Nov 11, 2010
Sold by
Little Marshall
Bought by
Little Marshall

Purchase Details

Closed on
Nov 11, 2008
Sold by
Marshall J Douglass
Bought by
Marshall Rita A Little

Purchase Details

Closed on
Sep 15, 2005
Sold by
Kulp Robert C and Kulp Judith A
Bought by
Marshall J Douglass and Marshall Rita A Little

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,000
Interest Rate
5.93%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mccray Bonnie L -- Stauffer Terry A
Little Marshall -- --
Marshall Rita A Little -- None Available
Marshall J Douglass -- Lawyers Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Marshall J Douglass $118,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/24/2022 01/24/22 Sold $245,000 +6.5% $144 / Sq Ft
01/16/2022 01/16/22 Pending -- -- --
01/13/2022 01/13/22 For Sale $230,000 -- $135 / Sq Ft
Source: Indiana Regional MLS

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 $2,749 $268,800 $58,400 $210,400
2024 $2,529 $256,600 $58,400 $198,200
2022 $2,340 $217,200 $37,000 $180,200
2021 $3,983 $190,300 $37,000 $153,300
2020 $3,727 $177,300 $37,000 $140,300
2019 $3,654 $173,300 $37,000 $136,300
2018 $3,471 $164,300 $37,000 $127,300
2017 $3,322 $156,700 $37,000 $119,700
2016 $3,162 $148,500 $37,000 $111,500
2014 $1,336 $138,400 $37,000 $101,400
2013 $1,310 $132,400 $37,000 $95,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202201174

Indiana Regional MLS

APN: 02-11-02-303-021.000-075

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