11223 Ransom Ct Fort Wayne, IN 46845

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4 beds · 2 baths · 2,904 sq ft · Lot Size: 12,672 sq ft · Single Family Home · Pine Valley
Est. Property Value: $354,105

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11223 Ransom Ct is in the Pine Valley neighborhood of Fort Wayne, IN. It is located in Allen County and ZIP code 46845. This Single Family Home was built in 1984 and is approximately 41 years old. The single family home spans 2904 sq ft with 4 bedrooms and 2 bathrooms and sits on a 12672 sq ft lot. According to public records, it was last sold in 1997 and has a tax-assessed value of $364,400, which is $122 per sq ft. The Pine Valley area of Fort Wayne has 473 residential homes with an average size of 2466 sq ft. Analyze and compare real estate investment strategies for properties like this home at 11223 Ransom Ct Fort Wayne, IN 46845 with Property Intel by Whitepages.

11223 Ransom Ct

Fort Wayne, IN 46845

Owner Info

Owners & Occupancy for 11223 Ransom Ct

This property is owned by Richard A Wynn. Owner contact information includes 12 phone numbers and 7 email addresses.

Property Owners

OccupationDirector, Cae Inc
Cell Phone(813) ***-****View Cell Phone
Residence*********
Landline(260) 637-6702
Distance from Property**********
Email Address*******@aol.comView Email

Occupancy

Resident 1***************** age 68
Resident 2*********** age 68

Property Financials for 11223 Ransom Ct

11223 Ransom Ct, Fort Wayne, IN has a mortgage (orig. December 21, 2006). The Allen county assessment for 2023 values it at $364,400, with annual taxes of $3,766.

Mortgage & Equity Information

Loan Amount$******
Origination DateDecember 21, 2006
Interest Rate****%
Term30 Years
Rate TypeFixed
Est Balance$********
Due Date*****************
Equity View Equity

Property Tax

Purchase DateNovember 19, 1997
Property Tax Amount$3,766 in 2023
Assessed Value$364,400 on 2023

Investment Potential for 11223 Ransom Ct

The property has a current estimated value of $354,105, which is 12% above the neighborhood median, based on public records. It last sold on November 19, 1997. Projected long-term
is $36,000 annually ($3,000 per month) with a 97% occupancy rate.

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Long-Term

Gross Rental
$36,000 per year($3,000 per month)
Net Operating Income
Cap Rate
Occupancy Rate
97%in 46845 zip code
 
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Property Details for 11223 Ransom Ct

Property Details

Property Sq Ft

Living Area

2,904 sq ft

18% above market

Lot Size

12,672 sq ft

8% below market

Price Per Sq Ft

Living Area

$122 / sq ft

5% below market

Lot Size Area

$28 / sq ft

23% above market

Property condition, age, exterior, etc. for 11223 Rans…
Longitude: -85.114859 Latitude: 41.186599 Parcel Number (APN): 02-02-34-280-013.000-091…

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Discover more single family homes near 11223 Ransom Ct in Fort Wayne, Indiana. Get property details like ownership length, owner age, and occupancy status to help you find the best real estate opportunities in this neighborhood.

Market Benchmarks

Compare data for 11223 Ransom Ct in Allen County to the median in the neighborhood area and surrounding markets, where available.
View neighborhood benchmarks
Property
State
Difference
$354,105
$312,900
$41,204 (13%)
$422,025
$99,723 (24%)
YoY Price Change
1.99%
-135%
Year Built
1984
1988
-4 years
Living Space
2,904 sq ft
2,408 sq ft
496 (21%)
$ Per Living Sq Ft
$122
$128
-$6 (-5%)
Lot Size
12,672 sq ft
15,450 sq ft
-2778 (-18%)
$ Per Lot Sq Ft
$28
$20
$8 (37%)

Net Operating Income
$23,121
$1,711 (7%)
Annual Revenue
$36,000
$32,400
$3,600 (11%)
$9,149
$2,019 (22%)
Net Operating Income
$23,121
$1,711 (7%)
Cap Rate
7.5%
Home Value Comparison: Property vs. Local and Regional 4-Bed Single Family Home Medians

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