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616 Reed Road

616 Reed Road, Fort Wayne, IN 46815
Property in Adams
Sold Apr 15, 2021
$145,300
$143,355 by Diamond Residential Mortgage C
Mortgage Due May 01, 2051
Sold Jun 10, 2016
$79,500
$78,452 by Academy Mortgage Corp
Mortgage Due Jul 01, 2046
Local assessors in Fort Wayne, IN have categorized 616 Reed Road as a residential type of property. The home was built in 1970 and is 54 years old. The property's lot size has been calculated to be 8,250 square feet. The linear feet between the front and back of the lot was measured at 1,100 ft and the front of the lot was measured at 750 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 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 are also 2 partial bathrooms. 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 616 Reed Road has a total of 1,317 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 attached garage for those who need a place to park their vehicle. The garage on the property is 380 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a unknown so you'll have a great option in the front of the home. 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 masonry 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 - C. The building has a roof that is made of asphalt. Lots of masonry were used in the construction of the exterior walls of the home. 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. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 616 Reed Road was last sold in Apr 9, 2021 for $145,300. According to our calculations, that's $85.62 per sqft. Prior to that sales transaction, the property was sold for $79,500 in Jun 8, 2016. Current property owners are expected to pay $1,313 in taxes per year. The property on 616 Reed Road was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $132,700. To break that down further, the land itself was valued at $15,700. While improvements to the property were assessed at a total of $117,000. 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. 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.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.

Building Features

Exterior

Aluminum Siding
Stone Exterior

Parking

Attached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 380
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 8,250
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,697
  • Gross Building Area: 1,697
  • Building Area: 1,317
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,317
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: CARIBE COLONY ADD
  • Land Acres: 0.189
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: CARIBE COLONY ADD S 5 FT LOT 1 & 70 FT SPC ADJ ON S

Ownership

  • Current Owner : FISHER CHARLES P
  • Current Owner 2: FISHER ALYSSA J
  • Previous Owner : SHIELDS JASON P
  • Owner Before Previous Owner: RUMBAUGH RONALD
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: East Allen County Schools
  • Census Tract: 010811

Geography

  • Assessors Map Reference: 6303-B7
  • District: 0002
  • Section: 4
  • Parcel: 02-13-04-151-006.000-070
  • Lot: 1,70
  • Municipality: ADAMS TOWNSHIP
  • Latitude: 41.086
  • Longitude: -85.0783

    Address

  • Full Address: 616 Reed Rd
  • Address - House Number: 616
  • Address - Street Name: Reed
  • Address - Suffix Type: Rd
  • State: IN
  • City Name: Fort Wayne
  • Carrier Code: C057
  • 4-Digit Zip Code: 7249
  • Zip Code: 46815

Valuation

    Tax

  • Total Area: 1,317
  • Tax Year: 2022
  • Tax Amount: $1,313
  • Tax Rate Code Area: 70

    Appraisal Valuation

  • Standard Deviation: 0.2314
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 67
  • Final Value: 203,494
  • High Value: 250,593
  • Low Value: 156,395

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $143,355
  • First Open Lien Mortgage Lender: DIAMOND RESIDENTIAL MORTGAGE C
  • First Open Lien Mortgage Recording Date: Apr 15, 2021
  • First Open Lien Mortgage Loan Amount: $143,355
  • 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, 2051

    Market Valuation

  • Market Total Value: $132,700
  • Market Land Value: $15,700
  • Market Improvement Value: $117,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $132,700
  • Assessed Land Value: $15,700
  • Assessed Improvements Value: $117,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 09, 2021
  • Current Sale Recording Date: Apr 15, 2021
  • Current Sale Transaction ID: 11831709788
  • Current Sale Price: $145,300
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021025347
  • Previous Sale Recording Date: Jun 10, 2016
  • Previous Sale Contract Date: Jun 08, 2016
  • Previous Sale Amount: $79,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: DIAMOND RESIDENTIAL MORTGAGE C
  • First Mortgage Transaction Date: Apr 15, 2021
  • First Mortgage Loan Amount: $143,355
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: May 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: ACADEMY MORTGAGE CORP
  • Previous Mortgage Transaction Date: Jun 10, 2016
  • Previous Mortgage Loan Amount: $78,452
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jul 01, 2046

About Fort Wayne



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Frequently Asked Questions

What neighborhood is 616 Reed Road located in?
The 616 Reed Road is a located in the neighborhood of Adams in Fort Wayne, Fort Wayne.
What is the average sales price for listings in 616 Reed Road?
The average sales price for units in 616 Reed Road is $155,000 , or $118/sqft. currently.

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