$284,900
SOLD MAY 16, 2025

5434 Tranquilo Way Fort Wayne, IN 46818

3 Beds
2 Baths
1,501 Sq Ft
7,650 Sq Ft Lot

Recently Sold

$190 Per Sq Ft

1% Below List Price

105 Days on Market

Highlights

  • Primary Bedroom Suite
  • Open Floorplan
  • Backs to Open Ground
  • Arcola Elementary School Rated A
  • Traditional Architecture
  • Walk-In Pantry

About This Home

As of May 2025

Who’s D.R. Horton??? We’re Glad You Asked! America’s #1 Home Builder since 2002. Start Your Home Search With Us! We welcome you to a new lifestyle & new home. Come experience the high quality of our new homes made w/ precise craftsmanship, desirable floor plans, proven systems, efficient process, and modern interiors & exteriors at an affordable price. Located in the desirable, up & coming Grasslands Community, come discover the Freeport floor plan, a cozy and efficient one-story home offering 1,501 square feet of smartly designed living space. This floorplan includes 3 beds, 2 baths, w/ 2 Car Gar., making it ideal for first time homebuyers, downsizers, or anyone seeking a low-maintenance lifestyle. Inside, an open concept layout creates a seamless flow between the kitchen, dining, & spacious living room - perfect for everyday living & casual gatherings. The kitchen features a convenient pantry, Elkins Sarsaparilla dark brown cabinetry, & white carrara quartz counters. The primary suite offers a private retreat w/ a comfortable bath, while two additional bedrooms provide flexibility for guests, a home office, or hobbies. The exterior is finished w/ Chiseled Edge Ridgeline stone, Clay/white vinyl siding, and forest green shutters. All D.R. Horton Fort Wayne homes include our Americas Smart Home® Technology, a favorite of our homeowners, which allows you to monitor & control your home. Schedule your tour today!

Last Agent to Sell the Property

Jihan Rachel Brooks

DRH Realty of Indiana, LLC Listed on: 12/27/2024

Last Buyer's Agent

Andy Miller

RE/MAX Results

RE/MAX Results

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2024

Lot Details

  • 7,650 Sq Ft Lot
  • Lot Dimensions are 150 x 150 x 51 x 51
  • Backs to Open Ground
  • Level Lot

HOA Fees

  • $46 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Traditional Architecture
  • Poured Concrete
  • Shingle Roof
  • Stone Exterior Construction
  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property
  • Open Floorplan
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Walk-In Pantry
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Separate Shower

Laundry

  • Laundry on main level
  • Washer and Electric Dryer Hookup

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • SEER Rated 14+ Air Conditioning Units
  • Heating System Uses Gas
  • Smart Home Wiring

Additional Features

  • Patio
  • Suburban Location

Community Details

  • Built by DR Horton
  • Grasslands At Broad Acres Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 02-01-26-478-007.000-087
  • Seller Concessions Offered

Home Details

Home Type

Single Family

Year Built

Built in 2024

Lot Details

0

HOA Fees

$46 per month

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 2024
  • Style: One Story
  • Architectural Style: Traditional
  • Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Grasslands at Broad Acres Sec 1 Lot 18
  • Parcel Number ID: 02-01-26-478-007.000-087
  • Platted: Yes
  • Amenities: 1st Bdrm En Suite, Closet(s) Walk-in, Disposal, Dryer Hook Up Electric, Eat-In Kitchen, Home Warranty Included, Kitchen Island, Open Floor Plan, Pantry-Walk In, Patio Open, Wiring-Smart Home, Stand Up Shower, Tub/Shower Combination, Main Level Bedroom Suite, Main Floor Laundry, Washer Hook-Up
  • Builder Name: DR Horton
  • Location: City/Town/Suburb
  • New Construction: Spec
  • Special Features: NewHome
  • Stories: 1

Interior Features

  • Total Sq Ft: 1501
  • Total Finished Sq Ft: 1501
  • Above Grade Finished Sq Ft: 1501
  • Basement Foundation: Crawl
  • Basement Material: Poured Concrete
  • Flooring: Carpet, Vinyl
  • Living Great Room: Dimensions: 12x24, On Level: Main
  • Kitchen: Dimensions: 9x13, On Level: Main
  • Bedroom 1: Dimensions: 13x12, On Level: Main
  • Bedroom 2: Dimensions: 10x11, On Level: Main
  • Bedroom 3: Dimensions: 10x11, On Level: Main
  • Main Level Sq Ft: 1501
  • Number of Main Level Full Bathrooms: 2

Exterior Features

  • Exterior: Stone, Vinyl
  • Roof Material: Dimensional Shingles
  • Outbuilding1: None

Garage/Parking

  • Driveway: Concrete
  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 20x18
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Hvac: SEER 14
  • Laundry: Dimensions: Mainx7, On Level: 6

Condo/Co-op/Association

  • Association Restrictions: Yes
  • Association Fees: 550
  • Association Fees Frequency: Annually
  • Common Amenities: Sidewalks

Schools

  • Elementary School: Arcola

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 150 x 150 x 51 x 51
  • Estimated Lot Sq Ft: 7650
  • Estimated Lot Size Acres: 0.176
  • Lot Number: 18

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
Dec 27, 2024
Closed on
May 15, 2025
Sold by
Dr Horton-Indiana Llc
Bought by
Mwambia James and Macharia Evalyne Mukami
Seller's Agent
Jihan Rachel Brooks
DRH Realty of Indiana, LLC
Buyer's Agent
Andy Miller
RE/MAX Results
List Price
$287,800
Sold Price
$284,900
Premium/Discount to List
-$2,900
-1.01%
Views
111
Current Estimated Value
$273,494

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,406
Avg. Annual Appreciation
-6.18%
Original Mortgage
$279,739
Outstanding Balance
$277,981
Interest Rate
6.62%
Mortgage Type
FHA
Estimated Equity
-$4,487

Purchase Details

Closed on
Jun 25, 2024
Sold by
New Venture Development Corp
Bought by
D R Horton Indiana Llc

Purchase Details

Closed on
May 24, 2024
Sold by
New Venture Development Corp
Bought by
D R Horton Indiana Llc
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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Purchase History

Date Type Sale Price Title Company
Special Warranty Deed -- None Listed On Document
Special Warranty Deed $3,209,544 None Listed On Document
Special Warranty Deed -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $279,739 FHA
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/16/2025 05/16/25 Sold $284,900 -1.7% $190 / Sq Ft
04/11/2025 04/11/25 Pending -- -- --
02/24/2025 02/24/25 Price Changed $289,900 +0.7% $193 / Sq Ft
12/27/2024 12/27/24 For Sale $287,800 -- $192 / 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
2025 $11 $167,000 $79,700 $87,300
2024 -- $700 $700 --
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202448120

Indiana Regional MLS

APN: 02-01-26-478-007.000-087