NOT LISTED FOR SALE

5202 Gadwall Pass Fort Wayne, IN 46818

Estimated Value: $427,736 - $454,000

4 Beds
2.5 Baths
2,712 Sq Ft
$163/Sq Ft Est. Value

Last Sold February 07, 2023

Last sale price $432,011 $159 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,726/month

84 Days on Market

Highlights

  • Waterfront
  • Lake, Pond or Stream
  • Ceiling height of 9 feet or more
  • Arcola Elementary School Rated A
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System

About This Home

As of February 2023

Designed for comfort and modern living. Open, spacious, attention to detail, and an abundance of natural light best describes this brand new 2,712 sq ft home with oversized garage. Designed with today's lifestyle in mind, this 4BR home has a great room, office/den with French doors, loft, and an outdoor living space for multiple living areas and outdoor fun! Check out the detailed trim work, numerous windows, HUGE kitchen pantry, and spacious room sizes. Amenities include granite kitchen with backsplash and quality stainless steel appliances, 9' ceilings on main level, master with tile shower, frameless glass door, and oversized walk-in closet. Other features include big laundry room, good drop area with bench off garage, energy efficient mechanicals, and mostly maintenance free exterior. Great curb appeal and super lot backing to pond. Drakes Pointe has a quiet country setting, yet 5 min. to Carroll Schools, and 6 min. to shopping. Olthof Homes has been in business for 59 years, offers a 10 year transferable warranty, and an industry BEST customer care program.

Last Agent to Sell the Property

Robert Blythe

North Eastern Group Realty Listed on: 10/17/2022

North Eastern Group Realty

Co-Listed By

Ryan Blythe

North Eastern Group Realty

Last Buyer's Agent

UPSTAR NonMember

Non-Member Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,207

Year Built

  • Built in 2022

Lot Details

  • 8,451 Sq Ft Lot
  • Lot Dimensions are 65x130
  • Waterfront
  • Level Lot

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Vinyl Construction Material

Interior Spaces

  • 2,712 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Living Room with Fireplace
  • Oven or Range
  • Gas And Electric Dryer Hookup

Bedrooms and Bathrooms

  • 4 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 02-01-35-226-016.000-044

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,207

Year Built

Built in 2022

Lot Details

0

HOA Fees

$50 per month

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 2022
  • Age: 1
  • Style: Two Story
  • Total Number of Rooms: 8
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 3
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Legal Description: Drakes Pointe Section 1 Lot 21
  • Parcel Number ID: 02-01-35-226-016.000-044
  • Platted: Yes
  • Amenities: Ceiling-9+, Dryer Hook Up Gas/Elec, Garage Door Opener, Range/Oven Hk Up Gas/Elec
  • New Construction: Spec
  • Sp Lp Percent: 100
  • Year Taxes Payable: 2022
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Total Sq Ft: 2712
  • Total Finished Sq Ft: 2712
  • Above Grade Finished Sq Ft: 2712
  • Price Per Sq Ft: 159.3
  • Basement Foundation: Slab
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm
  • Fireplace: Yes
  • Living Great Room: Dimensions: 17x14, On Level: Main
  • Kitchen: Dimensions: 15x13, On Level: Main
  • Dining Room: Dimensions: 13x10, On Level: Main
  • Den: Dimensions: 14x11, On Level: Main
  • Bedroom 1: Dimensions: 16x15, On Level: Upper
  • Bedroom 2: Dimensions: 12x11, On Level: Upper
  • Bedroom 3: Dimensions: 13x11, On Level: Upper
  • Bedroom 4: Dimensions: 13x11, On Level: Upper
  • Loft: Dimensions: 17x14, On Level: Upper
  • Number of Main Level Half Bathrooms: 1

Exterior Features

  • Exterior: Brick, Vinyl
  • Outbuilding1: None

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 22x20
  • Garage Sq Ft: 440
  • Garage: Yes

Utilities

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

Condo/Co-op/Association

  • Association Restrictions: Yes
  • Association Fees: 600
  • Association Fees Frequency: Annually

Schools

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

Lot Info

  • Lot Description: Level, Waterfront
  • Lot Dimensions: 65x130
  • Estimated Lot Sq Ft: 8451
  • Estimated Lot Size Acres: 0.194
  • Lot Number: 21

Tax Info

  • Annual Taxes: 9.58
  • Total Assessed Value: 72500

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 17, 2022
Closed on
Feb 1, 2023
Sold by
Olthof Homes-Fort Wayne Llc
Bought by
Martin Ashley M and Martin Daniel
Seller's Agent
Robert Blythe
North Eastern Group Realty
Buyer's Agent
UPSTAR NonMember
Non-Member Office
List Price
$436,835
Sold Price
$432,011
Premium/Discount to List
-$4,824
-1.1%
Views
103
Current Estimated Value
$442,934

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,923
Avg. Annual Appreciation
1.23%
Original Mortgage
$410,410
Outstanding Balance
$398,849
Interest Rate
5.88%
Mortgage Type
New Conventional
Estimated Equity
$46,950

Purchase Details

Closed on
Jun 18, 2020
Sold by
North Eastern Development Corp
Bought by
Olthof Homes Fort Wayne Llc
Source: Public Records

Range of Values:

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Average Value
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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
Martin Ashley M $432,011 Fidelity National Title
Olthof Homes Fort Wayne Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martin Ashley M $410,410
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/07/2023 02/07/23 Sold $432,011 0.0% $159 / Sq Ft
01/09/2023 01/09/23 Pending -- -- --
10/25/2022 10/25/22 Price Changed $432,011 -1.1% $159 / Sq Ft
10/17/2022 10/17/22 For Sale $436,835 -- $161 / 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 $3,207 $414,300 $72,500 $341,800
2022 $1,077 $72,500 $72,500 $0
2021 $10 $600 $600 $0
2020 $80 $600 $600 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202243156

Indiana Regional MLS

APN: 02-01-35-226-016.000-044