NOT LISTED FOR SALE

Estimated Value: $404,000 - $570,000

0.51 Acre
$942,345 Price per Acre
22,216 Sq Ft Lot

Last Sold September 01, 2013

Last sale price $49,900

Est. 863% increase in value since last sale

Current estimated payment $3,089/month

283 Days on Market

About This Lot

As of September 2013

Lake View Lot, 1800 SQ. FT. MINIMUM RANCH - 2100 SQ. FT. MINIMUM 2 STORY

Last Agent to Sell the Property

Michael Thomas

Mike Thomas Assoc., Inc Listed on: 10/22/2012

Mike Thomas Assoc., Inc

Last Buyer's Agent

Michael Thomas

Mike Thomas Assoc., Inc Listed on: 10/22/2012

Mike Thomas Assoc., Inc

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,815

Lot Details

  • 0.51 Acre Lot
  • Lot Dimensions are 136x48x236x60x116
  • Finished Lot(s)

HOA Fees

  • $21 Monthly HOA Fees

Schools

  • Deer Ridge Elementary School
  • Woodside Middle School
  • Homestead High School

Utilities

  • Heating System Uses Gas

Community Details

  • The Fountain At Covington Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$4,815

Lot Details

0

HOA Fees

$21 per month

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Residential Land
  • Legal Description: The Fountains of Covington, Section 1, Lot 1 |
  • Location: Subdivision
  • Road Access: County
  • Road Surface: Paved
  • Section Number: 1
  • Sp Lp Percent: 100
  • State Id: ----.-
  • Parcel Description: Lake, Level
  • Restrictions: Sidewalk Required
  • Type of Sale: Traditional
  • Platted Development: Yes
  • Type Use: Residential
  • Year Taxes Payable: 2012
  • Special Features: None

Exterior Features

  • Road Frontage: City

Utilities

  • Water Utilities: Public
  • Electricity Type: Available
  • Fuel Type: Gas
  • Sewer Type: Public

Condo/Co-op/Association

  • Association Fees: 250
  • Association Fees Frequency: Annually

Schools

  • School District: MSD of Southwest Allen Cnty
  • Elementary School: Deer Ridge
  • Middle School: Woodside
  • High School: Homestead
  • Elementary School: Deer Ridge

Lot Info

  • Lot Dimensions: 136X48X236X60X116
  • Estimated Lot Sq Ft: 22216
  • Estimated Lot Size Acres: 0.51
  • Lot Number: 1

MLS Schools

  • High School: Homestead
  • Middle School: Woodside
  • School District: MSD of Southwest Allen Cnty

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 27, 2013
Sold by
Westport Homes Of Fort Wayne Inc
Bought by
Jerrall Jacob J and Jerrall Dunyel D
Current Estimated Value
$480,596

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$271,849
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Listed on
Oct 22, 2012
Closed on
Aug 16, 2013
Sold by
3030 Llc
Bought by
Westport Homes Of Fort Wayne Inc
Seller's Agent
Michael Thomas
Mike Thomas Assoc., Inc
Buyer's Agent
Michael Thomas
Mike Thomas Assoc., Inc
List Price
$49,900
Sold Price
$49,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.72%
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
Jerrall Jacob J -- Lawyers Title
Westport Homes Of Fort Wayne Inc -- Renaissance Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jerrall Jacob J $264,000
Closed Jerrall Dunyel D $269,131
Closed Jerrall Jacob J $271,849
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2013 09/01/13 Sold $49,900 0.0% --
08/01/2013 08/01/13 Pending -- -- --
10/22/2012 10/22/12 For Sale $49,900 -- --
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 $4,815 $505,200 $79,300 $425,900
2023 $4,815 $447,300 $57,800 $389,500
2022 $4,507 $415,100 $57,800 $357,300
2021 $3,953 $375,600 $57,800 $317,800
2020 $3,676 $348,300 $57,800 $290,500
2019 $3,649 $344,700 $57,800 $286,900
2018 $3,521 $332,000 $57,800 $274,200
2017 $3,542 $330,400 $57,800 $272,600
2016 $3,382 $316,400 $57,800 $258,600
2014 $3,245 $305,800 $74,700 $231,100
2013 $16 $500 $500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201211593

Indiana Regional MLS

APN: 02-11-11-478-002.000-075