For SaleRisky Deal5 days on market
7107 Pine Lake Rd
7107 Pine Lake Rd, Fort Wayne, IN 46814, Fort Wayne, IN 46814
$450,000
Estimate®:$437,400
Listing Price
7107 Pine Lake Rd, Fort Wayne, IN 46814
Loc: Fort Wayne, IN
Days Listed
5
Tax Assessed
$492k
Estimate®
$437k
Market Rate
Lot Size
0.46 acres
Rent Estimate
$2,493/mo
Est. Cash Flow base
Type
single family
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
7
Lafayette Meadow School
K-5
1.7 mi away
9
Summit Middle School
6-8
1.7 mi away
9
Homestead Senior High School
9-12
1.7 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
traditionalcolonialtwo-storyvinyl sidingcovered front porchdormer windowgabled roofwooded lotlandscapedsuburbancharmingmulti-pane windowsfront lawnlarge windows
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
3.88%
Total ROI
43.3%
Cash Flow
$-878/mo
DSCR
0.62
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-878/mo net cash flow with a 3.9% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Fort Wayne, IN
- • Long-term capital appreciation corridor
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-18 | Price change | $450,000 | – |
| 2022-08-08 | Pending sale | $414,900 | – |
| 2022-07-27 | Listed for sale | $414,900 | – |
| 2022-07-02 | Listing removed | $414,900 | – |
| 2022-07-01 | Listed for sale | $414,900 | – |
| 2022-06-13 | Pending sale | $414,900 | – |
| 2022-06-09 | Listed for sale | $414,900 | – |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $4,646.32 | $491,500 |
| 2024 | $4,287.26 | $431,000 |
| 2023 | $3,198.68 | $387,100 |
| 2022 | $2,754.2 | $292,700 |
| 2021 | $2,713.92 | $257,500 |
| 2020 | $2,551.78 | $252,600 |
| 2019 | $2,556.6 | $235,100 |
| 2018 | $2,463.54 | $226,900 |
| 2017 | $2,583.92 | $216,000 |
| 2016 | $2,665 | $225,100 |
| 2014 | $2,833.24 | $232,500 |
| 2013 | $2,890.4 | $233,800 |
| 2011 | $2,656.82 | $224,800 |
| 2010 | $0 | $224,800 |
| 2007 | $0 | $210,800 |
| 2005 | $0 | $215,000 |
| 2004 | $0 | $215,000 |
| 2001 | $0 | $131,100 |
| 1999 | $0 | $43,700 |
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