NOT LISTED FOR SALE

7008 Wayne Trace Fort Wayne, IN 46816

Adams Township Neighborhood

Estimated Value: $241,000 - $324,992

3 Beds
2.5 Baths
2,906 Sq Ft
$98/Sq Ft Est. Value

Last Sold September 29, 2015

Last sale price $141,000 $49 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $1,706/month

102 Days on Market

Highlights

  • 1.5 Acre Lot
  • Ranch Style House
  • Whirlpool Bathtub
  • East Allen University Rated A
  • Wood Flooring
  • 2 Car Attached Garage

About This Home

As of September 2015

New Ranch on 1.5 acres, 1700sqft plus 1,000 sqft finished basement. 2.5 baths, 2 car attached garage and an oversized detached garage. Everything has been redone, new everything, ceramic, bamboo floors, tiled bathroom tubs a must see.

Last Agent to Sell the Property

Jerry Starks

JM Realty Associates, Inc. Listed on: 05/15/2015

Last Buyer's Agent

Jerry Starks

JM Realty Associates, Inc. Listed on: 05/15/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,034

Year Built

  • Built in 1952

Lot Details

  • 1.5 Acre Lot
  • Landscaped
  • Level Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Ranch Style House
  • Poured Concrete

Kitchen

  • Eat-In Kitchen
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • Whirlpool Bathtub

Laundry

  • Laundry on main level
  • Washer and Gas Dryer Hookup

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • 1 Bathroom in Basement

Location

  • Suburban Location

Utilities

  • Central Air
  • Heating System Uses Gas
  • Private Company Owned Well
  • Well

Listing and Financial Details

  • Assessor Parcel Number 02-13-28-351-001.000-077

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,034

Year Built

Built in 1952

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1952
  • Style: One Story
  • Architectural Style: Ranch
  • Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Legal Description: S 1.5 OF N 3.50 A OF N 525 OF S 1653 FT SW1/4W OF WAYNE TRACE
  • Parcel Number ID: 02-13-28-351-001.000-077
  • Platted: Yes
  • Amenities: 1st Bdrm En Suite, Deck Open, Disposal, Dryer Hook Up Electric, Dryer Hook Up Gas, Dryer Hook Up Gas/Elec, Eat-In Kitchen, Garage Door Opener, Jet Tub, Landscaped, Main Floor Laundry, Sump Pump, Washer Hook-Up
  • Cross Street: Paulding Rd.
  • Improvmnts In Last5 Yrs: Yes
  • Location: City/Town/Suburb
  • Section Number: 028
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 4106
  • Total Finished Sq Ft: 2906
  • Above Grade Finished Sq Ft: 1706
  • Below Grade Finished Sq Ft: 1200
  • Below Grade Sq Ft: 1200
  • Basement: Yes
  • Basement Foundation: Full Basement, Finished
  • Basement Material: Poured Concrete
  • Flooring: Hardwood Floors, Carpet
  • Living Great Room: On Level: N
  • Kitchen: Dimensions: 11x19, On Level: Main
  • Breakfast Room: On Level: N/A
  • Dining Room: Dimensions: 13x19, On Level: Main
  • Family Room: Dimensions: 14x24, On Level: Main
  • Den: On Level: N/A
  • Extra Room: Dimensions: 26x43, On Level: Basement
  • Bedroom 1: Dimensions: 14x17, On Level: Main
  • Bedroom 2: Dimensions: 14x13, On Level: Main
  • Bedroom 3: Dimensions: 12x17, On Level: Main
  • Number Below Grade Bathrooms: 1
  • Number of Main Level Full Bathrooms: 2
  • Number of Below Grade Half Bathrooms: 1
  • Total Below Grade Sq Ft: 2400

Exterior Features

  • Exterior: Aluminum
  • Outbuilding1: Outbuilding, Dimensions: 24x24, 576

Garage/Parking

  • Driveway: Concrete
  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 27x24

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas
  • Sewer: City
  • Water Utilities: Well
  • Electric Company: AEP/I&M
  • Gas Company: NIPSCO
  • Laundry: Dimensions: 10xMain, On Level: 10
  • Well Type: Private

Lot Info

  • Lot Description: Level
  • Estimated Lot Sq Ft: 65340
  • Estimated Lot Size Acres: 1.5

Tax Info

  • Annual Taxes: 2034

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2015
Closed on
Sep 29, 2015
Sold by
Rns Properties Llc
Bought by
Lapsley Jemar D
Seller's Agent
Jerry Starks
JM Realty Associates, Inc.
Buyer's Agent
Jerry Starks
JM Realty Associates, Inc.
List Price
$159,900
Sold Price
$141,000
Premium/Discount to List
-$18,900
-11.82%
Current Estimated Value
$283,748

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,748
Avg. Annual Appreciation
7.03%
Original Mortgage
$138,446
Outstanding Balance
$108,627
Interest Rate
4.12%
Mortgage Type
FHA
Estimated Equity
$175,121

Purchase Details

Listed on
Mar 4, 2014
Closed on
May 7, 2014
Sold by
The Secretary Of Veterans Affairs
Bought by
Rns Properties Llc
Seller's Agent
Claudia White
5 Star Realty
Buyer's Agent
Jerry Starks
JM Realty Associates, Inc.
List Price
$17,950
Sold Price
$7,000
Premium/Discount to List
-$10,950
-61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
781.08%

Purchase Details

Closed on
Nov 20, 2013
Sold by
Midfirst Bank
Bought by
The Secretary Of Veterans Affairs

Purchase Details

Closed on
Nov 7, 2013
Sold by
Tiller Morris A
Bought by
Midfirst Bank
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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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
Lapsley Jemar D -- Fidelity Natl Title Co Llc
Rns Properties Llc -- Fidelity Natl Title Co Llc
The Secretary Of Veterans Affairs -- None Available
Midfirst Bank $17,626 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lapsley Jemar D $138,446
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/29/2015 09/29/15 Sold $141,000 -11.8% $49 / Sq Ft
08/25/2015 08/25/15 Pending -- -- --
05/15/2015 05/15/15 For Sale $159,900 +2184.3% $55 / Sq Ft
05/15/2014 05/15/14 Sold $7,000 -61.0% $4 / Sq Ft View Prior Sale
05/02/2014 05/02/14 Pending -- -- --
03/04/2014 03/04/14 For Sale $17,950 -- $11 / 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
2025 $2,671 $285,500 $31,800 $253,700
2024 $2,823 $264,300 $31,800 $232,500
2023 $2,818 $264,700 $31,800 $232,900
2022 $2,398 $228,900 $31,800 $197,100
2021 $2,023 $191,100 $31,800 $159,300
2020 $1,918 $179,900 $31,800 $148,100
2019 $1,813 $168,600 $31,800 $136,800
2018 $1,808 $159,400 $31,800 $127,600
2017 $1,641 $142,200 $31,800 $110,400
2016 $1,627 $141,000 $31,800 $109,200
2014 $2,034 $100,300 $31,800 $68,500
2013 $2,077 $102,500 $31,800 $70,700
Source: Public Records

Agents Affiliated with this Home

  • Jerry Starks

    Seller's Agent in 2015

    Jerry Starks

    JM Realty Associates, Inc.

    (260) 479-8161

    41 in this area

    261 Total Sales

    Jerry Starks
    Section Image

  • C

    Seller's Agent in 2014

    Claudia White

    5 Star Realty

    (260) 438-1596

    1 in this area

    15 Total Sales

    Claudia White
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 201522425

Indiana Regional MLS

APN: 02-13-28-351-001.000-077

Indiana Allen County Fort Wayne 46816 Adams Township

7008 Wayne Trace, Fort Wayne, IN

Not Listed for Sale

Detached

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