NOT LISTED FOR SALE

525 E Sherwood Terrace Fort Wayne, IN 46806

Pettit-Rudisill Neighborhood

Estimated Value: $136,000 - $152,724

3 Beds
1 Bath
1,460 Sq Ft
$99/Sq Ft Est. Value

Last Sold May 20, 2024

Last sale price $147,000 $101 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $870/month

1 Day on Market

Highlights

  • Living Room with Fireplace
  • Utility Room in Garage
  • Porch
  • Corner Lot
  • 1 Car Detached Garage
  • 3-minute walk to Lafayette Park

About This Home

As of May 2024

Offers received, all subsequent offers due by 3pm Thursday with a response time of no earlier than 5pm. Thank you!! Welcome to your beautiful new home! This charming three-bedroom ranch, nestled on a double lot in a well-established neighborhood, offers the perfect blend of comfort and convenience. With a full partially finished basement boasting ample storage space and play space this property provides both functionality and flexibility. Step inside to discover a meticulously updated interior, featuring refinished hardwood floors, fresh paint, and all-new lighting throughout that will make you want to dance! The remodeled kitchen and bathroom add a touch of modern elegance, while vinyl replacement windows ensure energy efficiency. Ready to entertain? The spacious layout is ideal for gatherings, and with all appliances included, hosting is a breeze. Plus, with a new roof in place, peace of mind comes standard. This home also comes with a detached garage perfect for all your DIY projects or storing your favorite wheels. Don't miss your chance to make this budget-friendly gem your own. Move-in ready and waiting for you to call it home. Schedule your showing today!

Last Agent to Sell the Property

Elle Hinton

Coldwell Banker Real Estate Group Brokerage Phone: 260-705-7744 Listed on: 04/24/2024

Coldwell Banker Real Estate Group

Last Buyer's Agent

Cecilia Espinoza

Realty of America LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,198

Year Built

  • Built in 1940

Lot Details

  • 9,170 Sq Ft Lot
  • Lot Dimensions are 70x131
  • Corner Lot

Parking

  • 1 Car Detached Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Poured Concrete
  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Living Room with Fireplace
  • 2 Fireplaces
  • Utility Room in Garage
  • Electric Dryer Hookup
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Outdoor Features

  • Porch

Schools

  • Harrison Hill Elementary School
  • Miami Middle School
  • South Side High School

Utilities

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

Community Details

  • Doehrman Subdivision

Listing and Financial Details

  • Assessor Parcel Number 02-12-24-110-014.000-074

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,198

Year Built

Built in 1940

Lot Details

0

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1940
  • Age: 84
  • Style: One Story
  • Total Number of Rooms: 5
  • Total Number of Rooms Below Grade: 2
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: MCKINNIE PARK PLACE ADDITION LOT 81 & 10' VAC ST
  • Parcel Number ID: 02-12-24-110-014.000-074
  • Platted: Yes
  • Amenities: Ceiling Fan(s), Dryer Hook Up Electric, Eat-In Kitchen, Porch Open, Tub/Shower Combination, Sump Pump, Garage Utilities
  • Cross Street: Warsaw
  • Road Access: City
  • Road Surface: Asphalt
  • Sp Lp Percent: 105
  • Year Taxes Payable: 2024
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 2160
  • Total Finished Sq Ft: 1460
  • Above Grade Finished Sq Ft: 1080
  • Below Grade Finished Sq Ft: 380
  • Below Grade Sq Ft: 700
  • Price Per Sq Ft: 136.11
  • Basement: Yes
  • Basement Foundation: Full Basement, Partially Finished
  • Basement Material: Poured Concrete
  • Number Of Fireplaces: 2
  • Fireplace: Family Rm, Living/Great Rm
  • Fireplace: Yes
  • Living Great Room: Dimensions: 26x12, On Level: Main
  • Kitchen: Dimensions: 13x8, On Level: Main
  • Family Room: Dimensions: 26x12, On Level: Basement
  • Den: Dimensions: 9x8, On Level: Basement
  • Bedroom 1: Dimensions: 13x12, On Level: Main
  • Bedroom 2: Dimensions: 13x9, On Level: Main
  • Bedroom 3: Dimensions: 12x10, On Level: Main
  • Other Room1: Storage, Dimensions: 24x12
  • Main Level Sq Ft: 1080
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 1080

Exterior Features

  • Exterior: Vinyl
  • Outbuilding1: None

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 1
  • Garage Size: Dimensions: 22x14
  • Garage Sq Ft: 308
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Laundry: Dimensions: Basementx12, On Level: 14

Schools

  • School District: Fort Wayne Community
  • Elementary School: Harrison Hill
  • Middle School: Miami
  • High School: South Side
  • Elementary School: Harrison Hill

Lot Info

  • Lot Description: Corner
  • Lot Dimensions: 70X131
  • Estimated Lot Sq Ft: 9170
  • Estimated Lot Size Acres: 0.21
  • Lot Number: 8110

Tax Info

  • Annual Taxes: 1197.98

MLS Schools

  • High School: South Side
  • Middle School: Miami
  • School District: Fort Wayne Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2024
Closed on
May 24, 2024
Sold by
Tolbert Zakiya N
Bought by
Escobar Yonatan Escobar Y
Seller's Agent
Elle Hinton
Coldwell Banker Real Estate Group
Buyer's Agent
Cecilia Espinoza
Realty of America LLC
List Price
$140,000
Sold Price
$147,000
Premium/Discount to List
$7,000
5%
Views
61
Current Estimated Value
$143,191

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,809
Avg. Annual Appreciation
-2.88%
Original Mortgage
$8,820
Outstanding Balance
$8,747
Interest Rate
7.1%
Estimated Equity
$133,107

Purchase Details

Closed on
Aug 1, 2015
Sold by
Barge Georgieanna
Bought by
Tolbert Zakiya N

Purchase Details

Closed on
May 7, 2013
Sold by
Barge Georgieanna
Bought by
Barge Georgieanna
Source: Public Records

Range of Values:

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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
Escobar Yonatan Escobar Y $147,000 None Listed On Document
Tolbert Zakiya N -- None Available
Barge Georgieanna -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Escobar Yonatan Escobar Y $8,820
Open Escobar Yonatan Escobar Y $142,590
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2024 05/20/24 Sold $147,000 +5.0% $101 / Sq Ft
04/25/2024 04/25/24 Pending -- -- --
04/24/2024 04/24/24 For Sale $140,000 -- $96 / 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 $1,027 $54,600 $10,600 $44,000
2023 $1,027 $44,900 $5,300 $39,600
2022 $1,146 $51,000 $9,400 $41,600
2021 $730 $32,600 $1,200 $31,400
2020 $641 $29,300 $1,600 $27,700
2019 $1,346 $61,800 $2,000 $59,800
2018 $815 $37,200 $2,000 $35,200
2017 $810 $36,600 $2,000 $34,600
2016 $689 $31,600 $2,000 $29,600
2014 $335 $16,100 $1,500 $14,600
2013 -- $14,200 $1,200 $13,000
Source: Public Records

Agents Affiliated with this Home

  • Elle Hinton

    Seller's Agent in 2024

    Elle Hinton

    Coldwell Banker Real Estate Group

    (260) 705-7744

    1 in this area

    150 Total Sales

    Section Image
  • Cecilia Espinoza

    Buyer's Agent in 2024

    Cecilia Espinoza

    Realty of America LLC

    (260) 210-2460

    14 in this area

    329 Total Sales

    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202413854

Indiana Regional MLS

APN: 02-12-24-110-014.000-074

Indiana Allen County Fort Wayne 46806 Pettit-Rudisill

525 E Sherwood Terrace, Fort Wayne, IN

This home is located at 525 E Sherwood Terrace, Fort Wayne, IN 46806 since 24 April 2024 and is currently estimated at $144,681, approximately $99 per square foot. This property was built in 1940. 525 E Sherwood Terrace is a home located in Allen County with nearby schools including Merle J Abbett Elementary School, Lane Middle School, and South Side High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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