NOT LISTED FOR SALE

5480 Gadwall Pass Unit 60 Fort Wayne, IN 46818

Estimated Value: $431,000 - $659,000

0.31 Acre
$1,881,765 Price per Acre
13,504 Sq Ft Lot

Last Sold October 01, 2021

Last sale price $92,966

Est. 527% increase in value since last sale

Current estimated payment $3,540/month

609 Days on Market

Highlights

  • Waterfront
  • Arcola Elementary School Rated A
  • Lake, Pond or Stream

About This Lot

As of October 2021

Cobble Creek is located at the SW corner of Carroll and Hand Roads in popular Northwest Allen County Schools. Minimum square footage is 1600 sf for a ranch and 2000 sf for a 2 story. Amenities include a fabulous 5 acre lake and a serene country setting close to schools, shopping and dining. This community is open to all builders.

Last Agent to Sell the Property

Kimberly Ward

North Eastern Group Realty Listed on: 01/28/2020

North Eastern Group Realty

Last Buyer's Agent

Kimberly Ward

North Eastern Group Realty Listed on: 01/28/2020

North Eastern Group Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,758

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 90.1x150x90.1x150
  • Waterfront
  • Property fronts a county road
  • Finished Lot(s)

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • Driveway

Home Design

  • Planned Development

Utilities

  • Gas Available

Community Details

Recreation

  • Lake, Pond or Stream

Property Details

Property Type

Land

Est. Annual Taxes

$4,758

Lot Details

0

HOA Fees

$50 per month

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Residential Land
  • Waterfront: Yes
  • Legal Description: Lot 60 Cobble Creek
  • Planned Unit Dev: Yes
  • Road Access: County
  • Road Surface: Asphalt
  • Sp Lp Percent: 94
  • Parcel Description: Waterfront, Planned Unit Development
  • Restrictions: Restrictions, Sidewalk Required
  • Type of Sale: Traditional
  • Platted Development: Yes
  • Type Use: Residential
  • Special Features: None

Exterior Features

  • Road Frontage: County

Utilities

  • Water Utilities: City
  • Water Type: Pond
  • 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

Lot Info

  • Lot Dimensions: 90.1x150x90.1x150
  • Estimated Lot Sq Ft: 13504
  • Estimated Lot Size Acres: 0.31
  • Lot Number: 60
  • Easements: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 17, 2022
Sold by
Jrn Construction Co
Bought by
Bissoo Shane and Ramessar Nina
Current Estimated Value
$583,347

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$494,550
Outstanding Balance
$470,689
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$112,658

Purchase Details

Closed on
May 11, 2022
Sold by
Jrn Construction Co
Bought by
Bissoo Shane and Ramessar Nina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$494,550
Outstanding Balance
$470,689
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$112,658

Purchase Details

Listed on
Jan 28, 2020
Closed on
Sep 27, 2021
Sold by
North Eastern Development Corp
Bought by
Jrn Construction Co
Seller's Agent
Kimberly Ward
North Eastern Group Realty
Buyer's Agent
Kimberly Ward
North Eastern Group Realty
List Price
$98,900
Sold Price
$92,966
Premium/Discount to List
-$5,934
-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
58.27%
Original Mortgage
$450,000
Interest Rate
2.8%
Mortgage Type
Credit Line Revolving
Source: Public Records

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
Bissoo Shane -- Near North Title Group
Bissoo Shane -- Near North Title Group
Jrn Construction Co $92,966 Metropolitan Title Of In Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bissoo Shane $494,550
Closed Bissoo Shane $494,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2021 10/01/21 Sold $92,966 -6.0% --
01/28/2020 01/28/20 For Sale $98,900 -- --
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 $4,758 $642,800 $92,600 $550,200
2022 $2,170 $285,600 $92,600 $193,000
2021 $11 $700 $700 $0
2020 $82 $700 $700 $0
Source: Public Records

Agents Affiliated with this Home

  • Kimberly Ward

    Seller's Agent in 2021

    Kimberly Ward

    North Eastern Group Realty

    (260) 437-9844

    307 Total Sales

    Kimberly Ward
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Map

Source: Indiana Regional MLS

MLS Number: 202003364

Indiana Regional MLS

APN: 02-01-35-203-009.000-044

Indiana Allen County Fort Wayne 46818

5480 Gadwall Pass Unit 60, Fort Wayne, IN

This home is located at 5480 Gadwall Pass Unit 60, Fort Wayne, IN 46818 since 28 January 2020 and is currently estimated at $583,347. 5480 Gadwall Pass Unit 60 is a home located in Allen County with nearby schools including Arcola Elementary School, Carroll Middle School, and Carroll 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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