$199,000
SOLD JAN 5, 2021

5404 Mars St Fort Wayne, IN 46845

3 Beds
2 Baths
1,657 Sq Ft
0.37 Acres

Recently Sold

$120 Per Sq Ft

11% Below List Price

77 Days on Market

Highlights

  • Ranch Style House
  • 1 Car Detached Garage
  • Concrete Kitchen Countertops
  • Cedar Canyon Elementary School Rated A-
  • Cedar Closet
  • Forced Air Heating and Cooling System

About This Home

As of July 2023

Accepted Offer Contingent. Accepting back up offers. This home has been remodeled from the ground up. Just about every square inch has been updated from spray foam insulation and moisture barrier in the crawl space all the way up to the roof inside and out. This has a beautiful setting and is a 3 bed 2 full bath home with great flow and in a great location just off of Tonkel Rd north of Union Chapel. Wide open kitchen with painted cabinets and corner pantry. Large family room off the back of the home with large storage closet. As you pull up to the home you’ll see the brand new concrete driveway and landscaping. All New siding, new windows, new insulation, new gutters, well pump & pressure tank, all new plumbing and water softener, new furnace & A/C, flooring, paint, bathrooms, cabinets and 2 inch custom concrete countertops, doors, stamped concrete porch and patio. Located on a quiet dead end street with close to a 1/2 of an acre to play on - backs up to a nice setting with a view of the adjacent neighborhood pond. City sewer service. Northwest Allen County schools. Don't miss this one!

Last Agent to Sell the Property

Justin Walborn

Mike Thomas Assoc., Inc Listed on: 08/07/2020

Mike Thomas Assoc., Inc

Co-Listed By

Jeff Walborn

Mike Thomas Assoc., Inc

Last Buyer's Agent

Diana Martin

NonMember MEIAR

NonMember MEIAR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $951

Year Built

  • Built in 1955

Lot Details

  • 0.37 Acre Lot
  • Lot Dimensions are 100 x 165
  • Rural Setting
  • Level Lot

Parking

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

Home Design

  • Ranch Style House
  • Slab Foundation
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,657 Sq Ft Home
  • Crawl Space
  • Fire and Smoke Detector
  • Washer and Electric Dryer Hookup

Kitchen

  • Electric Oven or Range
  • Concrete Kitchen Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Cedar Closet
  • 2 Full Bathrooms

Schools

  • Cedar Canyon Elementary School
  • Maple Creek Middle School
  • Carroll High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Private Company Owned Well
  • Well

Listing and Financial Details

  • Assessor Parcel Number 02-02-24-477-008.000-057

Home Details

Home Type

Single Family

Est. Annual Taxes

$951

Year Built

Built in 1955

Lot Details

0

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1955
  • Age: 65
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 6
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: MOONLITE ACRE ADD SEC A LOT 2
  • Parcel Number ID: 02-02-24-477-008.000-057
  • Platted: Yes
  • Amenities: Closet(s) Cedar, Countertops-Concrete, Detector-Smoke, Disposal, Dryer Hook Up Electric, Garage Door Opener, Range/Oven Hook Up Elec, Washer Hook-Up
  • Cross Street: Tonkel
  • Improvmnts In Last5 Yrs: Yes
  • Location: Rural Subdivision
  • Section Number: A
  • Sp Lp Percent: 89.04
  • Year Taxes Payable: 2020
  • Special Features: None

Interior Features

  • Total Sq Ft: 1657
  • Total Finished Sq Ft: 1657
  • Above Grade Finished Sq Ft: 1657
  • Price Per Sq Ft: 120.1
  • Basement Foundation: Crawl, Slab
  • Living Great Room: Dimensions: 24x13, On Level: Main
  • Kitchen: Dimensions: 15x14, On Level: Main
  • Family Room: Dimensions: 19x19, On Level: Main
  • Bedroom 1: Dimensions: 13x12, On Level: Main
  • Bedroom 2: Dimensions: 13x10, On Level: Main
  • Bedroom 3: Dimensions: 11x10, On Level: Main
  • Number of Main Level Full Bathrooms: 2

Exterior Features

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

Garage/Parking

  • Driveway: Concrete
  • Garage Type: Detached
  • Garage Number Of Cars: 1
  • Garage Size: Dimensions: 20x12
  • Garage Sq Ft: 240
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: Well
  • Gas Company: NIPSCO
  • Laundry: Dimensions: Mainx6, On Level: 8
  • Well Type: Private

Schools

  • School District: Northwest Allen County
  • Elementary School: Cedar Canyon
  • Middle School: Maple Creek
  • High School: Carroll
  • Elementary School: Cedar Canyon

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 100 X 165
  • Estimated Lot Sq Ft: 16117
  • Estimated Lot Size Acres: 0.37
  • Lot Number: 2

Tax Info

  • Annual Taxes: 951

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2023
Closed on
Jul 17, 2023
Sold by
Cook Samuel
Bought by
Beery Cole W
Seller's Agent
Jessica Brenn
Limitless Group
Buyer's Agent
Justin Heffernan
Heffernan Properties Corp.
List Price
$255,000
Sold Price
$265,000
Premium/Discount to List
$10,000
3.92%
Views
12
Current Estimated Value
$286,055

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,055
Avg. Annual Appreciation
3.52%
Original Mortgage
$238,500
Outstanding Balance
$232,726
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$53,329

Purchase Details

Listed on
Jun 3, 2023
Closed on
Jul 13, 2023
Sold by
Cook Samuel
Bought by
Beery Cole W
Seller's Agent
Jessica Brenn
Limitless Group
Buyer's Agent
Justin Heffernan
Heffernan Properties Corp.
List Price
$255,000
Sold Price
$265,000
Premium/Discount to List
$10,000
3.92%
Views
12

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,500
Outstanding Balance
$232,726
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$53,329

Purchase Details

Listed on
Aug 7, 2020
Closed on
Dec 31, 2020
Sold by
Watercutter Properties Llc
Bought by
Cook Samuel
Seller's Agent
Justin Walborn
Mike Thomas Assoc., Inc
Buyer's Agent
Diana Martin
NonMember MEIAR
List Price
$223,500
Sold Price
$199,000
Premium/Discount to List
-$24,500
-10.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.99%
Original Mortgage
$195,395
Interest Rate
2.7%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 5, 2020
Sold by
Watercutter Properties Llc
Bought by
Cook Samuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,365
Interest Rate
2.7%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 13, 2019
Sold by
Hill Matthew J
Bought by
Watercutter Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,365
Interest Rate
2.7%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 25, 2019
Sold by
Hill Matthew J
Bought by
Watercutter Properties Llc

Purchase Details

Closed on
May 1, 2002
Sold by
Leininger Nancy F
Bought by
Hill Matthew J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,570
Interest Rate
7.18%
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 Type Sale Price Title Company
Warranty Deed -- Centurion Land Title
Warranty Deed $265,000 Centurion Land Title
Warranty Deed -- Trademark Title Services
Warranty Deed -- Trademark Title
Warranty Deed -- Trademark Title Services
Warranty Deed $90,000 Trademark Title
Warranty Deed -- Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $238,500 New Conventional
Closed $238,500 New Conventional
Previous Owner $195,395 FHA
Previous Owner $195,365 FHA
Previous Owner $78,570 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2023 07/17/23 Sold $265,000 +3.9% $174 / Sq Ft
06/06/2023 06/06/23 Pending -- -- --
06/03/2023 06/03/23 For Sale $255,000 +28.1% $168 / Sq Ft
01/05/2021 01/05/21 Sold $199,000 -11.0% $120 / Sq Ft
10/23/2020 10/23/20 Pending -- -- --
08/07/2020 08/07/20 For Sale $223,500 -- $135 / 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 $1,789 $261,900 $28,900 $233,000
2022 $1,386 $203,000 $28,900 $174,100
2021 $1,287 $182,100 $28,900 $153,200
2020 $605 $36,400 $28,900 $7,500
2019 $951 $58,400 $19,600 $38,800
2018 $965 $58,100 $17,900 $40,200
2017 $1,002 $56,900 $18,700 $38,200
2016 $1,027 $56,500 $19,300 $37,200
2014 $1,826 $91,300 $31,600 $59,700
2013 $1,826 $91,300 $58,700 $32,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202030830

Indiana Regional MLS

APN: 02-02-24-477-008.000-057