NOT LISTED FOR SALE

8318 Covington Rd Fort Wayne, IN 46804

Estimated Value: $207,667 - $257,000

2 Beds
1 Bath
1,262 Sq Ft
$192/Sq Ft Est. Value

Sale Details

Date Sold: June 17, 2016

Last sale price $111,000 $88 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $1,411 / mo

12 Days on Market

Highlights

  • 1.3 Acre Lot
  • 1 Fireplace
  • 1-Story Property
  • Deer Ridge Elementary School Rated A-
  • 2 Car Attached Garage
  • Private Streets

About This Home

As of June 2016

Have you been wanting a large private lot with work shop, nice home and room for gardening or just space for the family to spread out? Well here is your rare opertunity to own such a unique property. This 1965 cottage style one level - two or three bedroom residence is move in ready. The numerous features include 1.38 acres complete with 1260 square ft. home, charming fireplace with gas logs, gas heat/ elect. heat combo, all public utilities services, 24 x 22 attached garage plus 24 x 22 barn with electricity and floored loft above. 2 tool sheds a gazebo with two swings add to the many benefits. Over 50 trees line the property. 3/4 of the land is fenced. Newer electrical service has been installed. NOT located in a subdivision! No association fees. Clean Dry storm cellar. Low taxes! Southwest Allen County award winning schools. Conveniently located in Aboite - township near ample shopping, restaurants, hospital plus easy access to I69. The present owner has lovingly cared for the property and buildings for many years, however we are offering this wonderful opportunity ~ AS IS - WHERE IS ~... Some updating are needed but is reflected in the LOW! LOW! ASKING PRICE. Don't shy away this is not a listing to lightly dismiss. Commercial possibilities?

Last Agent to Sell the Property

Deborah Sanders

North Eastern Group Realty Listed on: 05/06/2016

North Eastern Group Realty

Last Buyer's Agent

Deborah Sanders

North Eastern Group Realty Listed on: 05/06/2016

North Eastern Group Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $634

Year Built

  • Built in 1965

Lot Details

  • 1.3 Acre Lot
  • Lot Dimensions are 165 x 380
  • Private Streets
  • Level Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • 1 Fireplace
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Window Unit Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 02-11-11-451-003.000-075

Home Details

Home Type

Single Family

Est. Annual Taxes

$634

Year Built

Built in 1965

Lot Details

1.3 Acres

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1965
  • Style: One Story
  • Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: E1/2 OF S435 OF E 500 FT. W 1/2 SE 1/4 EX. E 100 FT. Sec 11.
  • Parcel Number ID: 02-11-11-451-003.000-075
  • Platted: Yes
  • Cross Street: Cooperhill Run
  • Road Access: Private
  • Section Number: 11
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1462
  • Total Finished Sq Ft: 1262
  • Above Grade Finished Sq Ft: 1262
  • Below Grade Sq Ft: 200
  • Basement: Yes
  • Basement Foundation: Slab, Partial Basement
  • Number Of Fireplaces: 1
  • Fireplace: Family Rm
  • Living Great Room: Dimensions: 11x22, On Level: Main
  • Kitchen: Dimensions: 8x11, On Level: Main
  • Dining Room: Dimensions: 11x10, On Level: Main
  • Den: Dimensions: 9x9, On Level: Main
  • Bedroom 1: Dimensions: 10x13, On Level: Main
  • Bedroom 2: Dimensions: 9x13, On Level: Main
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 200

Exterior Features

  • Exterior: Wood
  • Roof Material: Asphalt
  • Outbuilding1: Barn, Dimensions: 22x24, 528
  • Outbuilding2: Shed, Dimensions: 6x8, 48

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 22x24

Utilities

  • Cooling: Window
  • Heating Fuel: Gas
  • Sewer: Public
  • Water Utilities: City
  • Laundry: Dimensions: 5xMain, On Level: 6

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 165 x 380
  • Estimated Lot Sq Ft: 56628
  • Estimated Lot Size Acres: 1.3
  • Zoning: R1 - Single Family Residential

Tax Info

  • Annual Taxes: 634

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2016
Closed on
Jun 17, 2016
Sold by
Harmon Kathryn M
Bought by
Amy
Seller's Agent
Deborah Sanders
North Eastern Group Realty
Buyer's Agent
Deborah Sanders
North Eastern Group Realty
List Price
$115,000
Sold Price
$111,000
Premium/Discount to List
-$4,000
-3.48%
Current Estimated Value
$242,167

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,167
Avg. Annual Appreciation
8.22%
Original Mortgage
$105,450
Outstanding Balance
$83,268
Interest Rate
3.58%
Mortgage Type
New Conventional
Estimated Equity
$158,899

Purchase Details

Closed on
Jun 30, 2005
Sold by
Wright Farrell D and Wright Valette J
Bought by
Harmon Kathryn M
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
Amy $111,000 --
Rhoades Amy F -- Metropolitan Title Of Indian
Harmon Kathryn M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rhoades Amy F $105,450
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/17/2016 06/17/16 Sold $111,000 -3.5% $88 / Sq Ft
05/18/2016 05/18/16 Pending -- -- --
05/06/2016 05/06/16 For Sale $115,000 -- $91 / 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 $1,519 $151,600 $81,400 $70,200
2024 $1,527 $146,200 $81,400 $64,800
2023 $1,527 $149,400 $81,400 $68,000
2022 $1,036 $110,800 $53,800 $57,000
2021 $921 $100,900 $53,800 $47,100
2020 $1,013 $105,100 $53,800 $51,300
2019 $728 $87,600 $37,700 $49,900
2018 $726 $86,800 $37,700 $49,100
2017 $642 $80,600 $37,700 $42,900
2016 $581 $73,500 $37,700 $35,800
2014 $653 $72,900 $37,700 $35,200
2013 $640 $70,000 $37,700 $32,300
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2016

    Deborah Sanders

    North Eastern Group Realty

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Map

Source: Indiana Regional MLS

MLS Number: 201620200

Indiana Regional MLS

APN: 02-11-11-451-003.000-075

Indiana Allen County Fort Wayne 46804

8318 Covington Rd, Fort Wayne, IN

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 Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. 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.
Based on information submitted to the MLS GRID

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