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5231 Reed Rd

Fort Wayne, IN 46835

4 bd 6 ba 6,048 sqft Built 1960 Lot 189,922 sqft single_family
Most recent sale
$384,375
Aug 9, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 9, 2022 Sold $384,375 Public Record
Aug 4, 2022 Sold $384,375 IRMLS
May 11, 2022 Listed $429,700 MLS #202217497

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $456,800 $109,200 $566,000 $12,939
2022 $350,400 $109,200 $459,600 $5,947
2021 $320,500 $109,200 $429,700 $5,659
2020 $278,300 $109,200 $387,500 $5,250
2019 $248,100 $109,200 $357,300 $5,129
2018 $244,000 $109,200 $353,200 $4,842
2017 $241,500 $109,200 $350,700 $4,872
2016 $233,800 $109,200 $343,000 $4,773
2015 $234,100 $109,400 $343,500 $4,493
2013 $236,300 $109,400 $345,700 $7,123
2012 $224,500 $109,400 $333,900 $4,357
2011 $299,100 $46,000 $345,100 $3,871
2010 $339,900 $46,000 $385,900 $4,129
2009 $327,600 $46,000 $373,600 $5,827

Property facts

Year built
1960
Property type
single_family
Stories
2
Beds
4
Baths
6
Living area
6,048 sqft
Lot size
189,922 sqft
ZIP code
46835
City
Fort Wayne
Street
Reed Rd
Coordinates
41.12825, -85.08213

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,306
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 5231 Reed Rd last sell?
5231 Reed Rd most recently sold on Aug 9, 2022 for $384,375.
What is the current tax assessment for 5231 Reed Rd?
The most recent total assessment for 5231 Reed Rd (year 2024) is $566,000 with $12,939 in property tax.
How does 5231 Reed Rd's assessment compare to its last sale price?
The current assessment is 47.3% above the last sale price of $384,375.
When was 5231 Reed Rd built?
5231 Reed Rd was built in 1960.
How does 5231 Reed Rd compare to others on Reed Rd?
We track 8 other properties on Reed Rd. Browse the list under "Other properties on Reed Rd" to compare beds, baths, and sale history.
What are the property facts for 5231 Reed Rd?
5231 Reed Rd is a 4 bed, 6 bath, 6,048 sqft, 189,922 sqft lot single_family.
Is 5231 Reed Rd a flip candidate?
No — 5231 Reed Rd does not appear in our flips dataset.
Is 5231 Reed Rd a tax-appeal candidate?
Yes — 5231 Reed Rd appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+1.2%
Implied 1-yr
+4.8%
2026 Q3
$331.1K
2026 Q4
$334.7K
ZIP 46835 — Median Price History + Forecast

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