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4485 Palace Ln; Fort Wayne, IN Property Details

4485 Palace Ln, Fort Wayne, IN is a Single Family that was built in 2018. This property is currently Financed,New Construction and is not for sale. Our records show that 4485 Palace Ln has 2 bedrooms, and 2 bathrooms, and a total of 2,998 square feet. The lot size of 4485 Palace Ln is 8,209 square feet.

Off market
4485 Palace Ln Fort Wayne, IN 46808
$358,500 Estimated Value
2 Beds
2 Baths
2,998 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 2018
  • Purchase Price: $208,900
  • Open Loans / Balance: 1 / $167,656
  • Est. Equity / %: $175,344 / 51.12%
  • Gross Yield: 11.766%
  • APN: 02-07-32-416-025.000-066
  • Situs County: Allen
  • Length Of Ownership: 8 years

Rooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 4

Structure

  • Building Style: Masonry
  • Stories: 1
  • Building Condition: Average
  • Building Quality: B
  • Roof Cover Type: Asphalt
  • Sewer Type: Municipal
  • Water Source: Municipal

Measurements

  • Total: 2,998/SqFt
  • Lot: 8,209/SqFt
  • Gross: 3,661/SqFt
  • Garage: 663/SqFt
  • Living: 2,998/SqFt
  • Building: 3,661/SqFt
  • Ground: 1,499/SqFt
  • Price Per Square Foot: $69.68

Legal Description

  • Description: WELLINGTON RESERVE SEC 4 LOT 70
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Fort Wayne Community Schools
  • Lat / Lon: 41.094124 / -85.20014
  • Subdivision: Wellington Reserve
  • Property Class: Residential
  • County Use Code: 510

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 0007
  • Bathroom Fixtures: 9
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Central
  • Parking: 3

HOA

  • H O A One: $657
  • H O A Amount: $657
  • H O A One Frequency: Annual
  • H O A One Name: Wellington Reserve Community Association Inc
  • H O A One Type: Home Owner Association

Ownership Info

4485 Palace Ln has no associated ownership info
4485 Palace Ln has no associated ownership info.

Taxes

4485 Palace Ln has 10 associated Taxes items

4485 Palace Ln, Fort Wayne, IN pays taxes in Allen County, IN. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $358,500. The APN we've located for 4485 Palace Ln is 02-07-32-416-025.000-066.

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Taxes
  • Assessed Value:  $358,500
  • Assessed Year:  2025
  • Assessed County:  Allen
  • APN:  02-07-32-416-025.000-066
  • Assessed Land Value:  60700
  • Market Land Value:  60700
  • Tax Amount:  2860.72
  • Tax Year:  2025
  • Market Value:  358500
  • Market Year:  2025

Tax History

4485 Palace Ln has 8 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $358,500 Land Value $60,700 Improvement Value $297,800 Tax Amount $2,860.72 Change Rate +0.025598% Assessed CR Tax Rate +0.00798%
Year 2024 Assessed Value $336,400 Land Value $42,400 Improvement Value $294,000 Tax Amount $2,789.32 Change Rate +0.04361% Assessed CR Tax Rate +0.008292%
Year 2023 Assessed Value $317,100 Land Value $42,400 Improvement Value $274,700 Tax Amount $2,672.76 Change Rate +0.483762% Assessed CR Tax Rate +0.008429%
Year 2022 Assessed Value $241,600 Land Value $42,400 Improvement Value $199,200 Tax Amount $1,801.34 Change Rate +0.010059% Assessed CR Tax Rate +0.007456%
Year 2021 Assessed Value $227,100 Land Value $42,400 Improvement Value $184,700 Tax Amount $1,783.4 Change Rate +0.110267% Assessed CR Tax Rate +0.007853%
Year 2020 Assessed Value $207,800 Land Value $42,400 Improvement Value $165,400 Tax Amount $1,606.28 Change Rate -0.033596% Assessed CR Tax Rate +0.00773%
Year 2019 Assessed Value $201,500 Land Value $42,400 Improvement Value $159,100 Tax Amount $1,662.12 Change Rate Assessed CR Tax Rate +0.008249%
Year 2018 Assessed Value $700 Land Value $700 Improvement Value Tax Amount Change Rate Assessed CR Tax Rate