416 Cavalcade Ct Fort Wayne, IN 46845

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5 beds · 2 baths · 3,778 sq ft · Lot Size: 13,774 sq ft · Single Family Home · LaCabreah
Est. Property Value: $485,517

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416 Cavalcade Ct is in the LaCabreah neighborhood of Fort Wayne, IN. It is located in Allen County and ZIP code 46845. This Single Family Home was built in 2002 and is approximately 23 years old. The single family home spans 3778 sq ft with 5 bedrooms and 2 bathrooms and sits on a 13774 sq ft lot. According to public records, it was last sold in 2006 for $319,200 and has a tax-assessed value of $501,200, which is $129 per sq ft. The LaCabreah area of Fort Wayne has 172 residential homes with an average size of 3335 sq ft. Analyze and compare real estate investment strategies for properties like this home at 416 Cavalcade Ct Fort Wayne, IN 46845 with Property Intel by Whitepages.

416 Cavalcade Ct

Fort Wayne, IN 46845

Owner Info

Owners & Occupancy for 416 Cavalcade Ct

This property is owned by Christa M Olson. Owner contact information includes 11 phone numbers and 5 email addresses.

Property Owners

Cell Phone(859) ***-****View Cell Phone
Residence**************
Landline(740) 417-9233
Distance from Property**********
Email Address*************@yahoo.comView Email
Cell Phone(260) ***-****View Cell Phone
Residence**************
Landline(260) 485-9364
Distance from Property**********
Email Address**********@su.eduView Email

Occupancy

Current Occupancy*****View Occupancy
Resident 1****************
Resident 2*************
Resident 3*************** age 46
Resident 4*************** age 52

Property Financials for 416 Cavalcade Ct

416 Cavalcade Ct, Fort Wayne, IN has no known mortgage. The Allen county assessment for 2023 values it at $501,200, with annual taxes of $5,389.

Property Tax

Purchase DateMay 04, 2006
Property Tax Amount$5,389 in 2023
Purchase Price$319,200
Assessed Value$501,200 on 2023

Investment Potential for 416 Cavalcade Ct

The property has a current estimated value of $485,517, which is 10% above the neighborhood median, based on public records. It last sold on May 04, 2006 for $319K. Projected long-term
is $48,000 annually ($4,000 per month) with a 97% occupancy rate.

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Long-Term

Gross Rental
$48,000 per year($4,000 per month)
Net Operating Income
Cap Rate
Occupancy Rate
97%in 46845 zip code
 
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Property Details for 416 Cavalcade Ct

Property Details

Property Sq Ft

Living Area

3,778 sq ft

13% above market

Lot Size

13,774 sq ft

5% below market

Price Per Sq Ft

Living Area

$129 / sq ft

5% below market

Lot Size Area

$35 / sq ft

16% above market

Property condition, age, exterior, etc. for 416 Cavalc…
Longitude: -85.146235 Latitude: 41.190796 Parcel Number (APN): 02-02-33-126-006.000-091…

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Discover more single family homes near 416 Cavalcade 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 416 Cavalcade Ct in Allen County to the median in the neighborhood area and surrounding markets, where available.
View neighborhood benchmarks
Property
State
Difference
$485,517
$312,900
$172,617 (55%)
$422,025
$293,349 (70%)
YoY Price Change
1.99%
-186%
Year Built
2002
1988
14 years
Living Space
3,778 sq ft
2,408 sq ft
1370 (57%)
$ Per Living Sq Ft
$129
$128
$0 (0%)
Lot Size
13,774 sq ft
15,450 sq ft
-1676 (-11%)
$ Per Lot Sq Ft
$35
$20
$15 (73%)

Net Operating Income
$23,121
$9,524 (41%)
Annual Revenue
$48,000
$32,400
$15,600 (48%)
$9,149
$6,206 (68%)
Net Operating Income
$23,121
$9,524 (41%)
Cap Rate
7.5%
Home Value Comparison: Property vs. Local and Regional 5-Bed Single Family Home Medians

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