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5005 Buell Drive

5005 Buell Drive, Fort Wayne, IN 46807
Sold Mar 03, 2006
$59,800
$59,000 by National City Mortgage
Mortgage Due Mar 01, 2036
Local assessors in Fort Wayne, IN have categorized 5005 Buell Drive as a residential type of property. The home was built in 1950 and is 74 years old. The property's lot size has been calculated to be 8,640 square feet. The linear feet between the front and back of the lot was measured at 1,440 ft and the front of the lot was measured at 600 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 4 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 5005 Buell Drive has a total of 864 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. The garage on the property is 308 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - D. The building has a roof that is made of asphalt. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source and it is being fueled with gas. 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, 5005 Buell Drive sold most recently in Feb 24, 2006 for a total of $59,800. If you work out the math, that's approximately a cost of $34.61 per sqft. 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 $982 in taxes each year. 5005 Buell Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $43,700. If we break it down further, the land itself was valued at $9,100. Improvements to the property, however, were assessed at a total of $34,600. The property's total market value has been marked the same as the total assessed value which is pretty typical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 3
  • 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: 1
  • Basement Type: Unfinished basement
  • Basement Area: 864
  • Garage Type: Detached
  • Garage Square Area: 308
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 8,640
  • Lot Size Depth Feet: 1,440
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,728
  • Gross Building Area: 1,728
  • Building Area: 864
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 864
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: FAIRFIELD TERR ADD
  • Land Acres: 0.198
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: LOT 180 & N 20FT OF LOT 181 FAIRFIELD TERR ADD SEC A

Ownership

  • Current Owner : DIAZ JOSE M
  • Previous Owner : RIVERA JOHN F
  • Previous Owner 2: RIVERA LUCIA F
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Fort Wayne Community Schools
  • Census Tract: 003200

Geography

  • Assessors Map Reference: 6388-E7
  • District: 0020
  • Section: 233012
  • Parcel: 02-12-23-334-007.000-074
  • Lot: 180,1
  • Municipality: WAYNE TOWNSHIP
  • Latitude: 41.0374
  • Longitude: -85.1425

    Address

  • Full Address: 5005 Buell Dr
  • Address - House Number: 5005
  • Address - Street Name: Buell
  • Address - Suffix Type: Dr
  • State: IN
  • City Name: Fort Wayne
  • Carrier Code: C060
  • 4-Digit Zip Code: 3205
  • Zip Code: 46807

Valuation

    Tax

  • Total Area: 1,728
  • Tax Year: 2022
  • Tax Amount: $982
  • Tax Rate Code Area: 74

    Appraisal Valuation

  • Standard Deviation: 0.2235
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 69
  • Final Value: 103,663
  • High Value: 126,836
  • Low Value: 80,489

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $59,000
  • First Open Lien Mortgage Lender: NATIONAL CITY MORTGAGE
  • First Open Lien Mortgage Recording Date: Mar 03, 2006
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $59,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2036

    Market Valuation

  • Market Total Value: $43,700
  • Market Land Value: $9,100
  • Market Improvement Value: $34,600

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $43,700
  • Assessed Land Value: $9,100
  • Assessed Improvements Value: $34,600

    Sales

  • Current Sale Contract Date: Feb 24, 2006
  • Current Sale Recording Date: Mar 03, 2006
  • Current Sale Transaction ID: 1089664937
  • Current Sale Price: $59,800
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 206011341

    Last Sale Mortgage

  • First Mortgage Lender: NATIONAL CITY MORTGAGE
  • First Mortgage Transaction Date: Mar 03, 2006
  • First Mortgage Loan Amount: $59,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • First Mortgage Loan Due Date: Mar 01, 2036

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Fairfield Terrace-Belmont



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Frequently Asked Questions

What neighborhood is 5005 Buell Drive located in?
The 5005 Buell Drive is a located in the neighborhood of Fairfield Terrace-Belmont in Fairfield Terrace-Belmont, Fort Wayne.
What is the average sales price for listings in 5005 Buell Drive?
The average sales price for units in 5005 Buell Drive is $0 currently.

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