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7118 Ideal Avenue

7118 Ideal Avenue, Fort Wayne, IN 46809
Property in Wayne
Sold Apr 25, 2016
$52,400
$41,926 by Caliber Home Loans Inc
Mortgage Due May 01, 2046
7118 Ideal Avenue 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 1925 and is 99 years old. The home has a total of 4 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. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 7118 Ideal Avenue has 774 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 2,240 ft and across the front of the lot is 870 ft. The area measurement of the land has been determined as 19,488 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 metal. 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. The property was last sold in Apr 22, 2016 for $52,400. That's $67.70 per sqft. 7118 Ideal Avenue was last assessed in 2022. The total value of the property was assessed at $69,300. Specifically, the land the property is located on was valued at $22,300. While improvements on the property were assessed at a total of $47,000. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $392. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Building Count: 1
  • Total Rooms: 4
  • 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: Metal
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 19,488
  • Lot Size Depth Feet: 2,240
  • Lot Size Frontage Feet: 870
  • Total Building Area: 774
  • Gross Building Area: 774
  • Building Area: 774
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Central heating
  • Heated Square Feet: 774
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: E MASONS SUBDIVISION
  • Land Acres: 0.447
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: S 87.45 LOT 19 GEORGE MASONS SUBDIVISION

Ownership

  • Current Owner : MEEKS DENNIS D
  • Previous Owner : ZIMMERMAN COREY L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Fort Wayne Community Schools
  • Census Tract: 003800

Geography

  • Assessors Map Reference: 6475-A3
  • District: 0020
  • Section: 28
  • Parcel: 02-12-28-383-015.000-074
  • Lot: 19
  • Municipality: WAYNE TOWNSHIP
  • Latitude: 41.0167
  • Longitude: -85.1805

    Address

  • Full Address: 7118 Ideal Ave
  • Address - House Number: 7118
  • Address - Street Name: Ideal
  • Address - Suffix Type: Ave
  • State: IN
  • City Name: Fort Wayne
  • Carrier Code: C094
  • 4-Digit Zip Code: 2525
  • Zip Code: 46809

Valuation

    Tax

  • Total Area: 774
  • Tax Year: 2022
  • Tax Amount: $392
  • Tax Rate Code Area: 74

    Appraisal Valuation

  • Standard Deviation: 0.239
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 66
  • Final Value: 116,848
  • High Value: 144,785
  • Low Value: 88,911

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $41,926
  • First Open Lien Mortgage Lender: CALIBER HOME LOANS INC
  • First Open Lien Mortgage Recording Date: Apr 25, 2016
  • First Open Lien Mortgage Loan Amount: $41,926
  • 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, 2046

    Market Valuation

  • Market Total Value: $69,300
  • Market Land Value: $22,300
  • Market Improvement Value: $47,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $69,300
  • Assessed Land Value: $22,300
  • Assessed Improvements Value: $47,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 22, 2016
  • Current Sale Recording Date: Apr 25, 2016
  • Current Sale Transaction ID: 1535518442
  • Current Sale Price: $52,400
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2016020283

    Last Sale Mortgage

  • First Mortgage Lender: CALIBER HOME LOANS INC
  • First Mortgage Transaction Date: Apr 25, 2016
  • First Mortgage Loan Amount: $41,926
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: May 01, 2046

About Fort Wayne



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Frequently Asked Questions

What neighborhood is 7118 Ideal Avenue located in?
The 7118 Ideal Avenue is a located in the neighborhood of Wayne in Fort Wayne, Fort Wayne.
What is the average sales price for listings in 7118 Ideal Avenue?
The average sales price for units in 7118 Ideal Avenue is $0 currently.

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