Fort Wayne  »  46803  »  LaRez

514 East Masterson Avenue, Fort Wayne, IN 46803

LaRez, Wayne
Building in LaRez
2 Stories
Built in 1900
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Welcome to 514 East Masterson Avenue, a building located in LaRez, Wayne in Fort Wayne, IN. As a quick overview, these are the most up-to-date information we've collected about the property. The building itself was built in 1900. There are a total of 2 floors. Finally, 514 East Masterson Avenue was most recently sold on Feb 20, 2008 for $169,000. The market value for the land that the building sits on has been listed at $3,700. In addition, improvements upon the building have an added value of $39,100. In total, the total market value of the property as a whole is $42,800. According to local assessors, the total value of the building is currently valued at $42,800. Specifically, the value of the land that the property sits on has been assessed at $3,700. The building was last assessed in 2022.

Here's what we know about the features and amenities in this building. While there is no garage access for residents, you will probably be able to find a local garage to park your car at instead. We are not sure what system the building uses for cooling. Sadly, informaton related to the heating system was not disclosed. There is no porch or patio on the premise of the property. For those who love to swim, you'll want to check out community pools nearby as this particular property does not have a swimming pool. The local assessor's office has not provided us with information related to the roof cover material and the type of roof the building has.
Policies
Cats Allowed
Facts
General
Year Built
1900
Effective Year Built
1900
Building Count
1
Total Rooms
6
Bedroom Count
3
Bathroom Count
1
Full Bathrooms
1
Partial Bathrooms
1
Bathroom Plumbing Fixtures
5
Building Condition
Average
Building Quality
D
Construction Type
Frame
Building Style
unknown
Exterior Walls Type
unknown
Interior Walls Type
unknown
Roof Shape Type
unknown
Roof Cover Type
Asphalt
Floor Count
2
Floor Cover
unknown
Basement Type
Partial basement
Basement Area
540
Garage Type
Detached
Garage Square Area
360
Parking Space Count
1
Patio Type
unknown
Porch Type
unknown
Pool Type
unknown
Location Influence Type
unknown
Unit Count
Building Floor Area
Floor Area Ratios
Building
Building Type
unknown
Property Class
Residential
Subdivision
LEWIS ADD
Land Acres
0.057
Standard Land Use Code
Single family residential
County Land Use Code
Vehicles general
Legal Description 1
W 1/2 LOT 243 LEWIS ADD
Ownership
Current Owner
ALLIANCE PROPERTY MGMT LLC
Current Owner's Name
ALLIANCE PROPERTY MGMT LLC
Previous Owner
SERBAN DANIEL E
Owner Address - City
FORT WAYNE
Owner Address - State
IN
Owner Address - ZIP Code
46808
Ownership Rights Codes
Company/Corporation
Current Owner Is a Corporation Indicator
Yes
Neighborhood
School District Name
Fort Wayne Community Schools
Census Tract
004400
Census Block Code
1012
Census Group
1
Census Year
2018
Census - Combined Statistical Area - Area Code
258
Census - Combined Statistical Area - Area Name
Fort Wayne-Huntington-Auburn, IN
Census - County FIPS
18003
Census - Full FIPS
180030044001012
Census - Metro Micro Statistical Area - Area Code
23060
Census - Metro Micro Statistical Area - Area Name
Fort Wayne, IN
Census - Metro Micro Statistical Area - Area Type
metropolitan
Census - Place FIPS
1825000
Census Source
US Census Bureau
Census State FIPS
18
Census Tract Code
004400
School District - Unified - Grade High
12
School District - Unified - Grade Low
PK
School District - Unified - LEA Code
1803630
School District - Unified - Name
Fort Wayne Community Schools
Zoning
Geography
Assessors Map Reference
6389-A3
District
0020
Section
12
Parcel
02-12-12-157-004.000-074
Lot
243
Lot Code
unknown
Municipality
WAYNE TOWNSHIP
Latitude
41.0683
Longitude
-85.1308
FIPS
18003
Mailing Carrier Code
C011
Mailing Street Direction
N
Mailing Full Street Address
1616 N HARRISON ST
Mailing House Number
1616
Mailing Street Mode
ST
Mailing Street
HARRISON
Mailing 4-Digit Zip Code
3219
Old APN
9332860243
Geo Status Code
unknown
Valuation
Timestamp
2024-01-22 20:47:35
UCID Flag
C
More About The Building
In total, the building area is listed as 1,556 square feet. The depth of the property lot was measured at 1,000 square feet and the front at 250 square feet. The building itself has 2,096 square footage of total floor area. Fun fact, were you aware that buildings can shift depending on temperatures outdoors? This might remind you of middle school science classes, but heat will cause most materials to expand while the cold will cause them to contract. As a result, many architects and engineers often have to make sure that control joints are made up of the right materials and in good condition. The building class code for 514 East Masterson Avenue is unknown but given the importance of this information, we will work to update this data as soon as possible.

Interested in learning more about the neighborhood that the property is located in? Buildings in the LaRez area have a median price of $925. Those in the 25th percentile, have a price around $925. While those in the 75th percentile, have a price around $925. Typically, the buildings in this area have a median sqft of 1,206. That means that the median price per sqft is around $1. In other words, the price per sqft for buildings in the 25th percentile is $1. While the price per sqft for buildings in the 75th percentile is $1. As a breakdown, we've included the following stats:

  • There are currently no studio listings being advertised in the area.
  • There are currently no one bedroom listings being advertised in the area.
  • There are currently no two bedroom listings being advertised in the area.
  • There is currently a single advertised three bedroom listing.
  • There are currently no four bedroom listings being advertised in the area.
About The Area
514 East Masterson Avenue is located in 46803. There are 9,766 people living here. There are 3,553 households. Most of these households have an average family size of 3.45 people. According to the census, 57% are currently renting while 43% own their homes. The median age of this population is around 29.3 years old. On average, most folks in the zipcode are unmarried. About 22% of folks speak a language other than English in this area. The area's employment rate is currently around 43.8%. Speaking of employment, the median income is $21,344. Most folks will commute by car for around 21.9 minutes. Finally, we know that 39% of residents in the area have graduated with their high school degree. Additionally, 5% and 3% have their Bachelor's and Master's degree, respectfully.

Moving on to the county level. Allen County, Indiana has a population of 365,565 people. Based on census records, there are 141,483 registered households. Families in this area are on average made up of 3.17 people per household. Most folks are unmarried. They are also typically around 35.6 years old. Does diversity matter to you? Right now, 10% of folks speak a language other than English here. About 32% rent while 68% purchased their homes. Right now, the community is made up of 29% of residents who have graduated with at least a high school degree. On top of that, 18% have a Bachelor's degree and 9% have a Master's degree. The employment rate is currently around 62%. Those employed, have a median income of $49,574. If you move here, you can expect to commute mostly by car for around 21.0 minutes.

Finally, let's take a look at the stats related to Fort Wayne, IN Urban Area. The urban area is home to 322,859 people. A total of 126,779 households are registered here. With average family sizes being listed at 3.15 people. About 28% of residents have graduated with a high school degree. Of the rest, 18% have their Bachelor's and 10% have their Master's degree. Folks speaking a language other than English, make up about 11% of the population. Looking to move to this urban area? You'll need to look forward to commuting by car for around 20.6 minutes. Speaking of your commute, 61.8% of people in this area are employed. The recorded median income is currently at $47,538 per year. The median population age has been listed at 35.2 years old. Interestingly enough, unmarried people make up the majority of the population. Last but not least, renters make up about 34% of the population while homeowners are at about 66% of the population.
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Studio Median Rent
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1BR Median Rent
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2BR Median Rent
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3BR Median Rent

Nearby Schools

(within attendance boundary)
Arlington Elementary School  •  6.68 mi
8118 St Jo Ctr Rd, Fort Wayne, IN 46835
Public  •  Elementary  •  Grades KG to 5
Fort Wayne Community Schools
Jefferson Middle School  •  7.03 mi
5303 Wheelock Rd, Fort Wayne, IN 46835
Public  •  Middle School  •  Grades 6 to 8
Fort Wayne Community Schools
Northrop High School  •  5.29 mi
7001 Coldwater Rd, Fort Wayne, IN 46825
Public  •  High School  •  Grades 9 to 12
Fort Wayne Community Schools
School zoning information and other data are provided by RealtyHop Schools and 3rd party sources. The contents of the database are not guaranteed to be accurate or timely. Contact the schools or districts before making any decisions using on this data.
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