For SaleRisky Deal46 days on market
4917 Reed Rd
4917 Reed Rd, Fort Wayne, IN 46835, Fort Wayne, IN 46835
$249,900
Estimate®:$247,400
Listing Price
4917 Reed Rd, Fort Wayne, IN 46835
Loc: Fort Wayne, IN
Days Listed
46
Tax Assessed
$132k
Estimate®
$247k
Market Rate
Lot Size
0.47 acres
Rent Estimate
$1,925/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.
6
Robert C Harris Elementary School
K-5
0.2 mi away
5
Lane Middle School
6-8
1.3 mi away
8
R Nelson Snider High School
9-12
1.3 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
ranch stylesingle-storybrick exteriorattached garagelarge front yardmature treesasphalt shingleslow-pitched roofsuburbantraditionallandscapedneutral color paletteresidential
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
6.21%
Total ROI
93.8%
Cash Flow
$-3/mo
DSCR
1.00
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-3/mo net cash flow with a 6.2% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.2%)
- • Strong rental demand in Fort Wayne
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 |
|---|---|---|---|
| 2026-09-19 | Price change | $249,900 | – |
| 2026-09-01 | Price change | $254,900 | – |
| 2026-08-25 | Price change | $259,900 | – |
| 2026-08-08 | Listed for sale | $264,900 | – |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $3,113.8 | $131,700 |
| 2024 | $3,026.92 | $136,200 |
| 2023 | $1,971.06 | $132,400 |
| 2022 | $1,695.44 | $87,700 |
| 2021 | $1,614.9 | $75,700 |
| 2020 | $1,705.06 | $73,800 |
| 2019 | $1,692.22 | $78,300 |
| 2018 | $1,712.74 | $77,200 |
| 2017 | $1,813.64 | $77,200 |
| 2016 | $1,731.6 | $83,000 |
| 2014 | $1,718.74 | $82,700 |
| 2013 | $1,683.52 | $81,100 |
| 2011 | $1,496 | $74,800 |
| 2010 | $0 | $74,300 |
| 2007 | $0 | $113,800 |
| 2005 | $0 | $94,200 |
| 2004 | $0 | $94,200 |
| 2001 | $0 | $52,700 |
| 1999 | $0 | $17,570 |
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