NOT LISTED FOR SALE

5531 Butt Rd Fort Wayne, IN 46818

Estimated Value: $436,000 - $556,000

3 Beds
2 Baths
2,116 Sq Ft
$224/Sq Ft Est. Value

Last Sold September 05, 2024

Last sale price $445,000 $210 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,498/month

Highlights

  • Traditional Architecture
  • Screened Porch
  • Breakfast Bar
  • Arcola Elementary School Rated A
  • 2 Car Attached Garage
  • Central Air

About This Home

As of September 2024

This property was sold to a neighbor for $20,000 below appraised value with no repairs. This is entered for comparable sales and should be noted that the price was lower to accommodate due to the long term relationship with the neighbor and because the seller did not have to make any cosmetic and staging updates to the exterior or interior to prepare for photos and showings. It did have the following list of improvements: two full updated bathrooms, all updated windows, all new kitchen, updated HVAC, updated flooring, outbuilding on a slab with electric panel, concrete driveway.

Last Agent to Sell the Property

Beth Goldsmith

North Eastern Group Realty Brokerage Phone: 260-414-9903 Listed on: 09/05/2024

North Eastern Group Realty

Last Buyer's Agent

Beth Goldsmith

North Eastern Group Realty Brokerage Phone: 260-414-9903 Listed on: 09/05/2024

North Eastern Group Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,850

Year Built

  • Built in 1900

Lot Details

  • 5 Acre Lot
  • Level Lot

Parking

  • 2 Car Attached Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Traditional Architecture
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1.5-Story Property
  • Insulated Windows
  • Living Room with Fireplace
  • Screened Porch
  • Electric Dryer Hookup

Kitchen

  • Breakfast Bar
  • Gas Oven or Range

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms

Unfinished Basement

  • Sump Pump
  • Stone or Rock in Basement
  • Crawl Space

Location

  • Suburban Location

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Heating System Powered By Leased Propane
  • Private Company Owned Well
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 02-06-20-100-007.000-049

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,850

Year Built

Built in 1900

Lot Details

5 Acres

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1900
  • Style: One and Half Story
  • Architectural Style: Traditional
  • Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: S 323.15FT OF N1397.85 OF E674 NW1/4 SEC 20
  • Parcel Number ID: 02-06-20-100-007.000-049
  • Platted: Yes
  • Amenities: Breakfast Bar, Dryer Hook Up Electric, Porch Screened, Range/Oven Hook Up Gas, Sump Pump
  • Location: City/Town/Suburb
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 2852
  • Total Finished Sq Ft: 2116
  • Above Grade Finished Sq Ft: 2116
  • Below Grade Sq Ft: 736
  • Basement: Yes
  • Basement Foundation: Crawl, Unfinished
  • Basement Material: Stone
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm
  • Fireplace: Yes
  • Flooring: Carpet, Laminate
  • Living Great Room: Dimensions: 15x14, On Level: Main
  • Kitchen: Dimensions: 20x12, On Level: Main
  • Breakfast Room: Dimensions: 13x12, On Level: Main
  • Dining Room: Dimensions: 16x15, On Level: Main
  • Den: Dimensions: 14x10, On Level: Main
  • Extra Room: bonus, Dimensions: 15x12, On Level: Upper
  • Bedroom 1: Dimensions: 15x13, On Level: Upper
  • Bedroom 2: Dimensions: 13x12, On Level: Upper
  • Bedroom 3: Dimensions: 15x10, On Level: Upper
  • Other Room1: Screen porch, Dimensions: 15x13, On Level: Main
  • Loft: Dimensions: 9x6, On Level: Upper
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 736

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt
  • Outbuilding1: Pole/Post Building, Dimensions: 24x36, 882

Garage/Parking

  • Driveway: Concrete
  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 24x25
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Heat Pump, Propane Tank Rented
  • Sewer: Septic
  • Water Utilities: Well
  • Electric Company: REMC
  • Laundry: Dimensions: Mainx6, On Level: 5
  • Well Type: Private

Schools

  • Elementary School: Arcola

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 323 674
  • Estimated Lot Sq Ft: 217800
  • Estimated Lot Size Acres: 5

Green Features

  • Energy Efficient Windows/Doors: Insulated Glass Windows

Tax Info

  • Annual Taxes: 1850

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
Sep 5, 2024
Closed on
Sep 5, 2024
Sold by
Bratton Ronald E
Bought by
Hilger William H and Hilger Desiree L
Seller's Agent
Beth Goldsmith
North Eastern Group Realty
Buyer's Agent
Beth Goldsmith
North Eastern Group Realty
List Price
$445,000
Sold Price
$445,000
Current Estimated Value
$450,433

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,433
Avg. Annual Appreciation
4.28%
Original Mortgage
$389,812
Outstanding Balance
$383,449
Interest Rate
6.73%
Mortgage Type
VA
Estimated Equity
$91,018

Purchase Details

Closed on
Apr 30, 2012
Sold by
Bratton Ronald E and Bratton Eva E
Bought by
Bratton Ronald E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
4%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
Hilger William H -- Metropolitan Title Of In
Bratton Ronald E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hilger William H $389,812
Previous Owner Bratton Ronald E $65,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/05/2024 09/05/24 Sold $445,000 0.0% $210 / Sq Ft
09/05/2024 09/05/24 Pending -- -- --
09/05/2024 09/05/24 For Sale $445,000 -- $210 / Sq Ft
Source: Indiana Regional MLS

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 $1,850 $331,300 $117,000 $214,300
2024 $1,190 $235,000 $47,500 $187,500
2022 $1,047 $154,700 $34,900 $119,800
2021 $904 $129,300 $34,300 $95,000
2020 $971 $128,400 $34,200 $94,200
2019 $963 $128,700 $35,100 $93,600
2018 $970 $129,200 $35,300 $93,900
2017 $933 $120,600 $36,100 $84,500
2016 $886 $113,700 $36,500 $77,200
2014 $2,143 $106,600 $36,800 $69,800
2013 $2,113 $104,300 $35,800 $68,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202434130

Indiana Regional MLS

APN: 02-06-20-100-007.000-049

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