NOT LISTED FOR SALE

5816 Oak Fall Rd Fort Wayne, IN 46845

Estimated Value: $245,000 - $261,000

3 Beds
2 Baths
1,464 Sq Ft
$172/Sq Ft Est. Value

Last Sold February 29, 2016

Last sale price $115,000 $79 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $1,468/month

167 Days on Market

Highlights

  • Ranch Style House
  • 1 Fireplace
  • 2 Car Attached Garage
  • Cedarville Elementary School Rated A-
  • Covered Patio or Porch
  • Entrance Foyer

About This Home

As of February 2016

Lovely ONE OWNER 3 bedroom 2 full bath ranch in Leo schools! This home is located just minutes from hospitals, restaurants, shopping and more! Large eat-in kitchen! AC replaced last year. Newer garage door with extra insulation in attic. Beautiful landscaping with mature trees. Enjoy the TWO, large, separate living areas one which has a gas log fireplace and built-ins! Huge fenced in backyard perfect for entertaining on the large 24x10 covered patio and has a 10x10 shed for extra storage! This home is handicap accessible. All appliances and window treatments remain in the home! This home will not last long!

Last Agent to Sell the Property

Corey Malcolm

RE/MAX Results Listed on: 08/21/2015

RE/MAX Results

Last Buyer's Agent

Andrea Gates

Coldwell Banker Real Estate Group

Coldwell Banker Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $628

Year Built

  • Built in 1978

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 86x141
  • Level Lot

HOA Fees

  • $6 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Vinyl Construction Material

Interior Spaces

  • 1 Fireplace
  • Entrance Foyer
  • Oven or Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Separate Shower

Laundry

  • Laundry on main level
  • Gas And Electric Dryer Hookup

Additional Features

  • ADA Inside
  • Covered Patio or Porch
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-03-31-305-007.000-042

Home Details

Home Type

Single Family

Est. Annual Taxes

$628

Year Built

Built in 1978

Lot Details

0

HOA Fees

$6 per month

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1978
  • Age: 38
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 5
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: OAK GROVE SEC I LOT 28
  • Parcel Number ID: 02-03-31-305-007.000-042
  • Platted: Yes
  • Amenities: ADA Features, Dryer Hook Up Gas/Elec, Foyer Entry, Garage Door Opener, Patio Covered, Range/Oven Hk Up Gas/Elec, Stand Up Shower, Main Floor Laundry
  • Sp Lp Percent: 88.53
  • Special Features: None

Interior Features

  • Total Sq Ft: 1464
  • Total Finished Sq Ft: 1464
  • Above Grade Finished Sq Ft: 1464
  • Number Of Fireplaces: 1
  • Fireplace: Family Rm
  • Living Great Room: Dimensions: 14x15, On Level: Main
  • Kitchen: Dimensions: 15x18, On Level: Main
  • Family Room: Dimensions: 13x19, On Level: Main
  • Bedroom 1: Dimensions: 13x13, On Level: Main
  • Bedroom 2: Dimensions: 10x11, On Level: Main
  • Bedroom 3: Dimensions: 10x10, On Level: Main
  • Main Level Sq Ft: 1464
  • Number of Main Level Full Bathrooms: 2

Exterior Features

  • Exterior: Brick, Vinyl
  • Outbuilding1: None

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 20x22
  • Garage Sq Ft: 440

Utilities

  • Cooling: Central Air
  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City
  • Laundry: Dimensions: 5xMain, On Level: 3

Condo/Co-op/Association

  • Association Fees: 75
  • Association Fees Frequency: Annually

Schools

  • School District: East Allen County
  • Elementary School: Cedarville
  • Middle School: Leo
  • High School: Leo

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 86x141
  • Estimated Lot Sq Ft: 12127
  • Estimated Lot Size Acres: 0.2784
  • Lot Number: 28

Tax Info

  • Annual Taxes: 627.88

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2015
Closed on
Feb 29, 2016
Sold by
Lough Dennis W and Remley Carol A
Bought by
Pedersen Beth A
Seller's Agent
Corey Malcolm
RE/MAX Results
Buyer's Agent
Andrea Gates
Coldwell Banker Real Estate Group
List Price
$144,900
Sold Price
$115,000
Premium/Discount to List
-$29,900
-20.63%
Current Estimated Value
$252,134

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,134
Avg. Annual Appreciation
8.69%
Original Mortgage
$111,550
Outstanding Balance
$90,246
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$165,205

Purchase Details

Listed on
Aug 21, 2015
Closed on
Feb 26, 2016
Sold by
Lough Virginia C
Bought by
Pedersen Beth A and Lough Virginia C
Seller's Agent
Corey Malcolm
RE/MAX Results
Buyer's Agent
Andrea Gates
Coldwell Banker Real Estate Group
List Price
$144,900
Sold Price
$115,000
Premium/Discount to List
-$29,900
-20.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,550
Outstanding Balance
$90,246
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$165,205

Purchase Details

Closed on
Apr 28, 2006
Sold by
Remley Carol A and Lough Dennis W
Bought by
Remley Carol A and Lough Dennis W

Purchase Details

Closed on
Feb 14, 2006
Sold by
Remley Carol A and Lough Dennis W
Bought by
Remley Carol A and Lough Dennis W

Purchase Details

Closed on
Jan 27, 2006
Sold by
Lough Virginia C
Bought by
Remley Carol A and Lough Dennis W

Purchase Details

Closed on
Jan 20, 2005
Sold by
Lough Donald T and Lough Virginia C
Bought by
Lough Virginia C
Source: Public Records

Range of Values:

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Average Value
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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
Pedersen Beth A -- Trademark Title
Pedersen Beth A -- Trademark Title
Remley Carol A -- None Available
Remley Carol A -- None Available
Remley Carol A -- None Available
Lough Virginia C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pedersen Beth A $111,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/29/2016 02/29/16 Sold $115,000 -20.6% $79 / Sq Ft
02/04/2016 02/04/16 Pending -- -- --
08/21/2015 08/21/15 For Sale $144,900 -- $99 / 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
2024 $1,505 $204,200 $24,900 $179,300
2022 $1,092 $168,800 $24,900 $143,900
2021 $1,083 $159,100 $24,900 $134,200
2020 $972 $145,900 $24,900 $121,000
2019 $861 $144,300 $24,900 $119,400
2018 $837 $137,500 $24,900 $112,600
2017 $755 $125,300 $24,900 $100,400
2016 $711 $120,800 $24,900 $95,900
2014 $628 $108,400 $24,900 $83,500
2013 $634 $107,600 $24,900 $82,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201540182

Indiana Regional MLS

APN: 02-03-31-305-007.000-042