NOT LISTED FOR SALE

5261 Carroll Rd Unit E Fort Wayne, IN 46818

Estimated Value: $430,000 - $525,000

0.45 Acre
$1,087,544 Price per Acre
19,776 Sq Ft Lot

Last Sold September 06, 2022

Last sale price $84,506

Est. 484% increase in value since last sale

Current estimated payment $2,879/month

715 Days on Market

About This Lot

As of September 2022

Perfect location in northwest Allen County! Rare opportunity to own a half acre up to an acre with City of Fort Wayne water and sewer!

Last Listed By

Kimberly Ward

North Eastern Group Realty Listed on: 08/27/2020

North Eastern Group Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,087

Year Built

  • 2022

Lot Details

  • 0.45 Acre Lot
  • Lot Dimensions are 120x165
  • Property fronts a county road
  • Property fronts an easement
  • Finished Lot(s)

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • Driveway

Home Design

  • Planned Development

Schools

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

Community Details

  • The Groves At Cobble Creek Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Property Details

Property Type

Land

Est. Annual Taxes

$1,087

Year Built

2022

Lot Details

0

HOA Fees

$50 per month

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Residential Land
  • Legal Description: Lot E Groves at Cobble Creek
  • Planned Unit Dev: Yes
  • Road Access: County
  • Road Surface: Asphalt
  • Sp Lp Percent: 94
  • Parcel Description: Planned Unit Development
  • Restrictions: Restrictions, Covenants
  • Type of Sale: Traditional
  • Platted Development: Yes
  • Type Use: Residential
  • Year Taxes Payable: Not yet available
  • Special Features: None
  • Year Built (Public Record): 2022

Exterior Features

  • Road Frontage: County

Utilities

  • Water Utilities: City
  • Electricity Type: Available
  • Fuel Type: Available
  • Sewer Type: City

Condo/Co-op/Association

  • 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 Dimensions: 120x165
  • Estimated Lot Sq Ft: 19776
  • Estimated Lot Size Acres: 0.454
  • Easements: Yes

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 3, 2023
Sold by
Kiracofe Homes Llc
Bought by
Frazee Michelle and Frazee Michael
Total Days on Market
715
Current Estimated Value
$493,745

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
7.31%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 27, 2020
Closed on
Aug 26, 2022
Sold by
North Eastern Development Corp
Bought by
Kiracofe Homes Llc
Seller's Agent
Kimberly Ward
North Eastern Group Realty
Buyer's Agent
Kimberly Ward
North Eastern Group Realty
List Price
$89,900
Sold Price
$84,506
Premium/Discount to List
-$5,394
-6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
89.31%
Original Mortgage
$5,000,000
Interest Rate
5.89%
Mortgage Type
Construction

Range of Values:

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Average Value
Not Available
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
Frazee Michelle $485,000 Metropolitan Title Of In
Kiracofe Homes Llc $169,012 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Frazee Michelle $292,400
Closed Frazee Michelle $290,000
Previous Owner Kiracofe Homes Llc $5,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2022 09/06/22 Sold $84,506 -6.0% --
08/12/2022 08/12/22 Pending -- -- --
09/13/2021 09/13/21 For Sale $89,900 +6.4% --
08/28/2021 08/28/21 Off Market $84,506 -- --
08/27/2020 08/27/20 For Sale $89,900 -- --
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 $1,087 $465,400 $87,600 $377,800
2023 $1,012 $163,000 $87,600 $75,400
2022 $18 $1,200 $1,200 $0
2021 $19 $1,200 $1,200 $0
Source: Public Records

Agents Affiliated with this Home

  • Kimberly Ward

    Seller's Agent in 2022

    Kimberly Ward

    North Eastern Group Realty

    (260) 437-9844

    349 Total Sales

    Kimberly Ward
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Map

Source: Indiana Regional MLS

MLS Number: 202034253

Indiana Regional MLS

APN: 02-01-35-229-005.000-044

Indiana Allen County Fort Wayne 46818

5261 Carroll Rd Unit E, Fort Wayne, IN

Homes for Sale in Fort Wayne, IN

This home is located at 5261 Carroll Rd Unit E, Fort Wayne, IN 46818 since 27 August 2020 and is currently estimated at $493,745. This property was built in 2022. 5261 Carroll Rd Unit E is a home located in Allen County with nearby schools including Carroll High School, Arcola Elementary School, and Carroll Middle 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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