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1517 Lake Forest Drive

1517 Lake Forest Drive, Fort Wayne, IN 46815
Property in Lake Forest
Sold May 11, 2015
$101,000
$99,170 by Wells Fargo Bank Na
Mortgage Due May 01, 2045
Sold Feb 13, 2015
$82,000
1517 Lake Forest Drive in Fort Wayne, IN was first built in 1966 and is 58 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 8 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 1517 Lake Forest Drive has 1,925 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 1,000 ft and the linear feet between the front and back of the lot is 1,110. In total, the area measurement of the land is 11,100 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a attached garage. The garage is 550 sqft. There are a total of 3 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with masonry control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of masonry. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a hot water heating system and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1517 Lake Forest Drive sold most recently in Apr 8, 2015 for a total of $101,000. If you work out the math, that's approximately a cost of $40.81 per sqft. Before that, the property was also sold for $82,000 in Feb 10, 2015. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $2,068 in taxes each year. 1517 Lake Forest Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $185,000. If we break it down further, the land itself was valued at $31,400. Improvements to the property, however, were assessed at a total of $153,600. The property's total market value has been marked the same as the total assessed value which is pretty typical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 550
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 11,100
  • Lot Size Depth Feet: 1,110
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 2,475
  • Gross Building Area: 2,475
  • Building Area: 1,925
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Hot water
  • Heated Square Feet: 1,925
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: LAKE FOREST
  • Land Acres: 0.255
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: LAKE FOREST SEC 4 LOT 167

Ownership

  • Current Owner : HTOON HLA
  • Previous Owner : FIFTH THIRD BANK
  • Owner Before Previous Owner: DULIK CATHERINE M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Fort Wayne Community Schools
  • Census Tract: 010811

Geography

  • Assessors Map Reference: 6303-E6
  • District: 0018
  • Section: 34
  • Parcel: 02-08-34-379-007.000-072
  • Lot: 167
  • Municipality: ST. JOSEPH TOWNSHIP
  • Latitude: 41.0937
  • Longitude: -85.0526

    Address

  • Full Address: 1517 Lake Forest Dr
  • Address - House Number: 1517
  • Address - Street Name: Lake Forest
  • Address - Suffix Type: Dr
  • State: IN
  • City Name: Fort Wayne
  • Carrier Code: C085
  • 4-Digit Zip Code: 7916
  • Zip Code: 46815

Valuation

    Tax

  • Total Area: 1,925
  • Tax Year: 2022
  • Tax Amount: $2,068
  • Tax Rate Code Area: 72

    Appraisal Valuation

  • Standard Deviation: 0.2631
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 62
  • Final Value: 248,902
  • High Value: 314,408
  • Low Value: 183,395

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $99,170
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: May 11, 2015
  • First Open Lien Mortgage Loan Amount: $99,170
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: May 01, 2045

    Market Valuation

  • Market Total Value: $185,000
  • Market Land Value: $31,400
  • Market Improvement Value: $153,600

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $185,000
  • Assessed Land Value: $31,400
  • Assessed Improvements Value: $153,600

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 08, 2015
  • Current Sale Recording Date: May 11, 2015
  • Current Sale Transaction ID: 1216033266
  • Current Sale Price: $101,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 2015022959
  • Previous Sale Recording Date: Feb 13, 2015
  • Previous Sale Contract Date: Feb 10, 2015
  • Previous Sale Amount: $82,000
  • Previous Sale Document Type: Sheriff's Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: May 11, 2015
  • First Mortgage Loan Amount: $99,170
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: May 01, 2045

About Lake Forest



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Frequently Asked Questions

What neighborhood is 1517 Lake Forest Drive located in?
The 1517 Lake Forest Drive is a located in the neighborhood of Lake Forest in Lake Forest, Fort Wayne.
What is the average sales price for listings in 1517 Lake Forest Drive?
The average sales price for units in 1517 Lake Forest Drive is $0 currently.

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