11 days on rocket

Sale Pending

525 E Sherwood Ter, Fort Wayne, IN, 46806

$140,000

Home List Price

$1,663*

Closing Credit

3 Bedrooms
1 Full Bath
$96/SqFt
House
Schools Nearby

Location

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525 E Sherwood Ter, Fort Wayne$140,000

Buyer Closing Credits

$1,663*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Garage1 space
Year Built1940
HeatingNatural Gas, Forced Air
CoolingCentral Air
FireplaceFamily Rm, Living/Great Rm
MLS #202413854
Lot Size0.21 Acres
StatusSale Pending
(Pending)

About 525 E Sherwood Ter

Offers received, all subsequent offers due by 3pm Thursday with a response time of no earlier than 5pm. Thank you!! Welcome to your beautiful new home! This charming three-bedroom ranch, nestled on a double lot in a well-established neighborhood, offers the perfect blend of comfort and convenience. With a full partially finished basement boasting ample storage space and play space this property provides both functionality and flexibility. Step inside to discover a meticulously updated interior, featuring refinished hardwood floors, fresh paint, and all-new lighting throughout that will make you want to dance! The remodeled kitchen and bathroom add a touch of modern elegance, while vinyl replacement windows ensure energy efficiency. Ready to entertain? The spacious layout is ideal for gatherings, and with all appliances included, hosting is a breeze. Plus, with a new roof in place, peace of mind comes standard. This home also comes with a detached garage perfect for all your DIY projects or storing your favorite wheels. Don't miss your chance to make this budget-friendly gem your own. Move-in ready and waiting for you to call it home. Schedule your showing today!

Property Details

Property Features

Property Information:

  • Year Built: 1940

Listing Office:

  • Office Name: Coldwell Banker Real Estate Group
  • Office Phone: (260) 705-7744
  • Listing Agent: Elle Hinton

Interior Features

Interior Information:

  • Fireplace: Family Rm, Living/Great Rm

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Vinyl

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No

Lot Features

Lot Information:

  • Lot: Corner Lot
  • Lot Size: 0.21 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • South Side High School, Public District Grades 9-12
  • Lane Middle School, Public District Grades 6-8
  • Merle J Abbett Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: From Clinton, South of Rudisill, head East on Sherwood, property is on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $140,000
  • Price Per SqFt: $96/SqFt

Tax Information:

  • Annual Amount: $1,346
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Fort Wayne, IN.

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Fort Wayne, IN

City

Med. List Price

$270.7K

Med. Price/SqFt

$145

Avg. Days On Market

38

# of Sold Homes

164

525 E Sherwood Ter vs Fort Wayne

11 DAYS ON ROCKET

-27 Days

$140,000

-$130.7K Less

$96/SqFt

-$50 Less

KEY TAKEAWAY

This property is $130.7K less than the Median List Price and $50/SqFt less than other homes in Fort Wayne, IN.

Based on homes listed in April 2024

MLS Details

MLS Information:

  • MLS Number: #202413854

Listing Office:

  • Office Name: Coldwell Banker Real Estate Group
  • Office Phone: (260) 705-7744
  • Listing Agent: Elle Hinton

IDX The data on this website relating to real estate for sale comes in part from the Internet Data Exchange (IDX) program of the Indiana Regional MLS (IRMLS). IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. ©2011-2024 Indiana Regional MLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/6/2024, 4:20:33 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$1,346$29,300
2019$815$61,800
2017$810$36,600

History based on county public records data.

Payment Calculator

$766

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$486

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-6790529
1
/10

  • Merle J Abbett Elementary School

  • 4325 Smith St

  • 0.55 miles

  • Public District Grades PK-5

Middle School

school-card-donut-6790530
2
/10

  • Lane Middle School

  • 4901 Vance Ave

  • 5.13 miles

  • Public District Grades 6-8

High School

school-card-donut-6790531
2
/10

  • South Side High School

  • 3601 S Calhoun St

  • 0.79 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $18,939. Typical income of Fort Wayne, IN residents is less than $35k annually. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 525 E Sherwood Ter

What is the listing price of this property?

The listing price of 525 E Sherwood Ter property is $140,000.

What type of property is this?

The property 525 E Sherwood Ter is a house located in Fort Wayne, Indiana, 46806.

Is this property for sale now?

Sale Pending: 525 E Sherwood Ter is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 525 E Sherwood Ter are:
Merle J Abbett Elementary School: GreatSchools Rating 1/10
Lane Middle School: GreatSchools Rating 2/10
South Side High School: GreatSchools Rating 2/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,346 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 525 E Sherwood Ter has 3 bedrooms and 1 bathroom.

Which year was this property built?

The year of construction for 525 E Sherwood Ter is 1940.

Rocket Homes›Indiana›Allen County›Fort Wayne›46806›525 E Sherwood Ter

This home is located at 525 E Sherwood Ter in Fort Wayne, IN and zip code 46806 in the Pettit / Rudisill neighborhood. This home was built in 1940. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since April 24, 2024 and is currently priced at $140,000.

Between March 2024 and April 2024, Fort Wayne, IN real estate market has seen increase in the number of listings by 122%. In April 2024, listings were on the market for 38 days. During the same period, the median list price in this real estate market was $270,788.

From Rocket Homes Real Estate and based on county public records data.

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