NOT LISTED FOR SALE

5707 Thornbriar Ln Fort Wayne, IN 46835

Northeast Fort Wayne Neighborhood

Estimated Value: $181,000 - $187,000

8 Beds
8 Baths
4,506 Sq Ft
$41/Sq Ft Est. Value

Last Sold May 04, 2022

Last sale price $654,900 $145 Per Sq Ft

Current estimated payment $1,552/month

1 Day on Market

Highlights

  • Vaulted Ceiling
  • Double Vanity
  • Laundry closet
  • 1 Car Attached Garage
  • Patio
  • Forced Air Heating and Cooling System

About This Home

As of May 2022

4 Condo units in Springfield Glen. Great Investment opportunity. Immediate income. Building exterior maintenance, lawn care and snow removal all included in Association dues (4 units x $235 Quarterly). Current Roof Assessment in place is an additional fee. Funds to complete this assessment's scheduled payoff will be credited to the buyer. Unit shown in photos is freshly painted. New electric range and microwave to be installed this week. 5707 is vacant until April 1st. Serious inquiries only please.

Last Agent to Sell the Property

Justin Walborn

Mike Thomas Assoc., Inc Listed on: 03/24/2022

Mike Thomas Assoc., Inc

Last Buyer's Agent

Justin Walborn

Mike Thomas Assoc., Inc Listed on: 03/24/2022

Mike Thomas Assoc., Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,981

Year Built

  • Built in 1999

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 57 x 74
  • Level Lot

HOA Fees

  • $313 Monthly HOA Fees

Home Design

  • Quadruplex
  • Slab Foundation
  • Stone Exterior Construction
  • Vinyl Construction Material

Interior Spaces

  • 4,506 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Fire and Smoke Detector
  • Laminate Countertops
  • Laundry closet

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Double Vanity

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Off-Street Parking

Outdoor Features

  • Patio

Schools

  • St. Joseph Central Elementary School
  • Jefferson Middle School
  • Northrop High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable, electric, fuel, sewer, water
  • The owner pays for association dues, building insurance
  • Assessor Parcel Number 02-08-22-202-044.000-072

Community Details

Overview

  • 4 Units
  • Springfield Glen Subdivision

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Insurance Expense $1,722

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,981

Year Built

Built in 1999

Lot Details

0

HOA Fees

$313 per month

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Fourplex
  • Year Built: 1999
  • Age: 23
  • Style: Condo
  • Bedrooms: 8
  • Number Above Grade Bedrooms: 8
  • Total Bathrooms: 8
  • Total Full Bathrooms: 4
  • Total Number of Half Bathrooms: 4
  • Legal Description: SPRINGFIELD GLEN SEC 1 TRACTS 41, 42, 43, 44
  • Parcel Number ID: 02-08-22-202-044.000-072
  • Platted: Yes
  • Amenities: Ceiling Fan, Fireplace, Off Street Parking, Near Walking Trail, Cable Available, Ceilings-Vaulted, Countertops-Laminate, Detector-Smoke, Garage Door Opener, Patio Open, Twin Sink Vanity, Water Heater Gas
  • Cross Street: St Joe Center
  • Inside City Limits: Yes
  • Parcel Id2: 02-08-22-202-047.000-072
  • Sp Lp Percent: 102.34
  • Annual Miscellaneous: 3760
  • Monthly Gross Income: 4800
  • Restrictions Yn: Yes
  • Year Taxes Payable: 2021
  • Special Features: None

Interior Features

  • Total Sq Ft: 4506
  • Total Finished Sq Ft: 4506
  • Above Grade Finished Sq Ft: 4506
  • Price Per Sq Ft: 145.34
  • Basement Foundation: Slab
  • Flooring: Carpet, Vinyl
  • Number Of Disposals: 4
  • Number Of Microwaves: 4
  • Number Of Ranges Ovens: 4

Exterior Features

  • Exterior: Stone, Vinyl
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 4

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 1722
  • Number Electric Meters: 4
  • Number Gas Meters: 4
  • Number Of W D Hookups: 4
  • Number Water Meters: 4

Condo/Co-op/Association

  • Association Restrictions: Yes
  • Association Fees: 940
  • Association Fees Frequency: Quarterly
  • Common Amenities: Sidewalks
  • Other Fee Description: roof assessment

Schools

  • School District: Fort Wayne Community
  • Elementary School: St. Joseph Central
  • Middle School: Jefferson
  • High School: Northrop
  • Elementary School: St. Joseph Central

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 57 X 74
  • Estimated Lot Sq Ft: 4356
  • Estimated Lot Size Acres: 0.1

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Association Dues, Building Insurance
  • Tenant Pays: Cable, Electric, Fuel, Sewer, Water

Multi Family

  • Gross Monthly Rent: 4800
  • Number Of Dishwashers: 4
  • Number Of Refrigerators: 4
  • Number Of Units: 4
  • Num Of2 Bedrooms: 4
  • Num Of Units Rented: 4

Tax Info

  • Annual Property Tax: 6981

MLS Schools

  • High School: Northrop
  • Middle School: Jefferson
  • School District: Fort Wayne Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2022
Closed on
May 4, 2022
Sold by
Axe Holdings Llc
Bought by
Homestead Crosssing Llc
Seller's Agent
Justin Walborn
Mike Thomas Assoc., Inc
Buyer's Agent
Justin Walborn
Mike Thomas Assoc., Inc
List Price
$639,900
Sold Price
$654,900
Premium/Discount to List
$15,000
2.34%
Current Estimated Value
$184,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$470,233
Avg. Annual Appreciation
-32.24%
Original Mortgage
$523,920
Outstanding Balance
$500,653
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
-$306,986
Source: Public Records

Range of Values:

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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
Homestead Crosssing Llc -- Renaissance Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Homestead Crosssing Llc $523,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/04/2022 05/04/22 Sold $654,900 +2.3% $145 / Sq Ft
03/25/2022 03/25/22 Pending -- -- --
03/24/2022 03/24/22 For Sale $639,900 0.0% $142 / Sq Ft
03/07/2022 03/07/22 Rented $1,400 0.0% --
02/08/2022 02/08/22 For Rent $1,400 -- --
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 $2,483 $111,400 $16,900 $94,500
2022 $3,227 $143,600 $25,000 $118,600
2021 $1,740 $77,700 $10,100 $67,600
2020 $1,659 $75,600 $11,100 $64,500
2019 $1,486 $68,000 $10,800 $57,200
2018 $1,482 $67,400 $11,800 $55,600
2017 $1,275 $57,400 $10,800 $46,600
2016 $1,249 $57,300 $11,500 $45,800
2014 $1,187 $57,100 $12,000 $45,100
2013 $1,162 $56,000 $12,200 $43,800
Source: Public Records

Agents Affiliated with this Home

  • Justin Walborn

    Seller's Agent in 2022

    Justin Walborn

    Mike Thomas Assoc., Inc

    (260) 413-9105

    10 in this area

    282 Total Sales

    Justin Walborn
    Section Image

  • R

    Seller's Agent in 2022

    Ryan Newsbitt

    Mike Thomas Assoc., Inc

    (260) 489-2000

    1 in this area

    19 Total Sales

    Ryan Newsbitt
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202209749

Indiana Regional MLS

APN: 02-08-22-202-045.000-072

Indiana Allen County Fort Wayne 46835 Northeast Fort Wayne

5707 Thornbriar Ln, Fort Wayne, IN

This home is located at 5707 Thornbriar Ln, Fort Wayne, IN 46835 since 24 March 2022 and is currently estimated at $184,667, approximately $40 per square foot. This property was built in 1999. 5707 Thornbriar Ln is a home located in Allen County with nearby schools including Saint Joseph Central School, Jefferson Middle School, and Northrop 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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