NOT LISTED FOR SALE

5517 Eider Trail Unit 56 Fort Wayne, IN 46818

Estimated Value: $465,000 - $701,000

0.28 Acre
$2,125,189 Price per Acre
12,197 Sq Ft Lot

Last Sold June 22, 2021

Last sale price $83,566

Est. 612% increase in value since last sale

Current estimated payment $3,582/month

433 Days on Market

Highlights

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

About This Lot

As of June 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

  • $4,524

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 85.5x147.4x26.3x58.9x150
  • 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

$4,524

Lot Details

0

HOA Fees

$50 per month

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Residential Land
  • Waterfront: Yes
  • Legal Description: Lot 56 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
  • Elementary School: Arcola
  • Middle School: Carroll
  • High School: Carroll

Lot Info

  • Lot Dimensions: 85.5x147.4x26.3x58.9x150
  • Estimated Lot Sq Ft: 12197
  • Estimated Lot Size Acres: 0.28
  • Lot Number: 56
  • Easements: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 13, 2022
Sold by
Carriage Place Homes Inc
Bought by
Ortiz Matthew J and Ortiz Catherine R
Total Days on Market
433
Current Estimated Value
$595,053

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,900
Outstanding Balance
$306,648
Interest Rate
4.26%
Mortgage Type
New Conventional
Estimated Equity
$288,405
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
Ortiz Matthew J -- Metropolitan Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ortiz Matthew J $359,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2021 06/22/21 Sold $83,566 -6.0% --
04/05/2021 04/05/21 Pending -- -- --
01/28/2020 01/28/20 For Sale $88,900 -- --
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 $4,524 $608,000 $89,000 $519,000
2022 $355 $89,000 $89,000 $0
2021 $11 $700 $700 $0
2020 $82 $700 $700 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202003357

Indiana Regional MLS

APN: 02-01-35-201-023.000-044