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2514 North Wells Street

2514 North Wells Street, Fort Wayne, IN 46808
Property in Five Points
Sold Oct 09, 2023
$127,680
$96,000 by Stockton Mortgage Corporation
Mortgage Due Nov 01, 2053
Sold Jul 21, 2020
$60,000
$48,000 by Fifth Third Bank Na
Mortgage Due Aug 01, 2050
2514 North Wells Street has been categorized by the local assessors in Fort Wayne, IN as a residential type of property. The building on the property was first built in 1935 and is 89 years old. The home has a total of 5 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. The building has a total of 2 stories. In addition, 2514 North Wells Street has 1,048 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,500 ft and across the front of the lot is 450 ft. The area measurement of the land has been determined as 6,750 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of D by the local assessor. The roof of the building is made of asphalt. The inside of the home is being cooled with no air conditioning at the moment. In terms of heating, it is utilizing a central heating system and being fueled with gas. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 2514 North Wells Street was last sold in Oct 3, 2023 for $127,680. According to our calculations, that's $81.43 per sqft. Prior to that sales transaction, the property was sold for $60,000 in Jul 17, 2020. Current property owners are expected to pay $1,349 in taxes per year. The property on 2514 North Wells Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $60,000. To break that down further, the land itself was valued at $9,100. While improvements to the property were assessed at a total of $50,900. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1935
  • Effective Year Built: 1935
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Frame
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Unfinished basement
  • Basement Area: 520
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,750
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 450
  • Total Building Area: 1,568
  • Gross Building Area: 1,568
  • Building Area: 1,048
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,048
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: PFEIFFER PLACE
  • Land Acres: 0.155
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: LOT 338 PFEIFFER PLACE 2ND ADD

Ownership

  • Current Owner : INGALLS COLIN
  • Current Owner 2: INGALLS CARLY
  • Previous Owner : SCHATZMAN MARK L
  • Previous Owner 2: SCHATZMAN GINA
  • Owner Before Previous Owner: SUNSHINE REAL ESTATE LLC
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Fort Wayne Community Schools
  • Census Tract: 000701

Geography

  • Assessors Map Reference: 6301-E5
  • District: 0020
  • Section: 35
  • Parcel: 02-07-35-184-003.000-074
  • Lot: 338
  • Municipality: WAYNE TOWNSHIP
  • Latitude: 41.0988
  • Longitude: -85.1468

    Address

  • Full Address: 2514 N Wells St
  • Address - House Number: 2514
  • Street Direction: N
  • Address - Street Name: Wells
  • Address - Suffix Type: St
  • State: IN
  • City Name: Fort Wayne
  • Carrier Code: C014
  • 4-Digit Zip Code: 2152
  • Zip Code: 46808

Valuation

    Tax

  • Total Area: 1,568
  • Tax Year: 2022
  • Tax Amount: $1,349
  • Tax Rate Code Area: 74

    Appraisal Valuation

  • Standard Deviation: 0.2364
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 67
  • Final Value: 121,302
  • High Value: 149,990
  • Low Value: 92,614

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $96,000
  • First Open Lien Mortgage Lender: STOCKTON MORTGAGE CORPORATION
  • First Open Lien Mortgage Recording Date: Oct 09, 2023
  • First Open Lien Mortgage Loan Amount: $96,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2053

    Market Valuation

  • Market Total Value: $60,000
  • Market Land Value: $9,100
  • Market Improvement Value: $50,900

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $60,000
  • Assessed Land Value: $9,100
  • Assessed Improvements Value: $50,900

    Sales

  • Current Sale Contract Date: Oct 03, 2023
  • Current Sale Recording Date: Oct 09, 2023
  • Current Sale Transaction ID: 11914433543
  • Current Sale Price: $127,680
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 43972
  • Previous Sale Recording Date: Jul 21, 2020
  • Previous Sale Contract Date: Jul 17, 2020
  • Previous Sale Amount: $60,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: STOCKTON MORTGAGE CORPORATION
  • First Mortgage Transaction Date: Oct 09, 2023
  • First Mortgage Loan Amount: $96,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: FIFTH THIRD BANK NA
  • Previous Mortgage Transaction Date: Jul 21, 2020
  • Previous Mortgage Loan Amount: $48,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 01, 2050

About Five Points



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Frequently Asked Questions

What neighborhood is 2514 North Wells Street located in?
The 2514 North Wells Street is a located in the neighborhood of Five Points in Five Points, Fort Wayne.
What is the average sales price for listings in 2514 North Wells Street?
The average sales price for units in 2514 North Wells Street is $0 currently.

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