2402 Terrace Rd is a 932 square foot house on a 4,600 square foot lot with 2 bedrooms and 1 bathroom. Based on Redfin's Fort Wayne data, we estimate the home's value is $141,500.
Single-familyProperty Type
1950Year Built
4,600 sq ftLot Size
$152Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$141,500
$3,000 since July
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 8.6% lower than the average sale price ($155K) of 6 comparable homes.
As the MLS and public records start to fill up, we'll list the details here.
Year
Property tax
Land + Additions
Assessment*
2025
$1,038 (−20.4%)
$28,700 + $93,100
$121,800
2024
$1,303 (+48.9%)
$23,600 + $108,800
$132,400
2023
$875 (+21.2%)
$19,100 + $87,600
$106,700
2022
$722 (+62.7%)
$19,100 + $73,100
$92,200
2021
$444 (+4.7%)
$8,800 + $64,100
$72,900
2020
$424 (+8.9%)
$8,800 + $60,000
$68,800
2019
$389 (−1.7%)
$8,800 + $53,300
$62,100
2018
$396 (−1.6%)
$8,800 + $53,300
$62,100
2017
$402 (+8.2%)
$8,800 + $48,200
$57,000
2016
$372 (+11.0%)
$8,800 + $48,200
$57,000
2015
$335 (−11.6%)
$8,800 + $44,400
$53,200
2013
$379
$8,800 + $44,700
$53,500
Tax history for 2402 Terrace Rd
Year
Property tax
Land + Additions
Assessment*
2025
$1,038 (−20.4%)
$28,700 + $93,100
$121,800
2024
$1,303 (+48.9%)
$23,600 + $108,800
$132,400
2023
$875 (+21.2%)
$19,100 + $87,600
$106,700
2022
$722 (+62.7%)
$19,100 + $73,100
$92,200
2021
$444 (+4.7%)
$8,800 + $64,100
$72,900
2020
$424 (+8.9%)
$8,800 + $60,000
$68,800
2019
$389 (−1.7%)
$8,800 + $53,300
$62,100
2018
$396 (−1.6%)
$8,800 + $53,300
$62,100
2017
$402 (+8.2%)
$8,800 + $48,200
$57,000
2016
$372 (+11.0%)
$8,800 + $48,200
$57,000
2015
$335 (−11.6%)
$8,800 + $44,400
$53,200
2013
$379
$8,800 + $44,700
$53,500
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning and permits
Zoning
Permits
R1
Single Family Residential District
The Single Family Residential district is intended to create and maintain areas for single family residential uses on individual lots or tracts and to provide for a variety of areas for single family neighborhoods, along with certain additional uses.
Permitted uses
Include but are not limited to:
Assembly/ meeting place
Housing-Group
Housing-Single unit
Recreation
Jul 17, 2009 • Final
Heating - residential
HVAC
Jul 17, 2009 • Final
Building - residential
Install new siding on a building.
Remodel
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Interior
Basement Information
Basement Sq. Ft: 932
Basement Type: Finished
Bathroom Information
# of Full Baths: 1
# of Bathroom Fixtures: 5
Heating & Cooling
Air Conditioning Type: Central
Heating Fuel Type: Gas
Heating Type: Warm Air
Room Information
# of Rooms: 5
Exterior
Exterior Information
Physical Condition: Average
Construction Type: Wood
Building Type: Single Family
Property Information
Subdivision Name: BROOKVIEW ADD
Living Sq. Ft: 932
Adjusted Gross Sq. Ft: 1,864
Building Sq. Ft: 1,864
# of Stories: 1
Legal Description: LOT 62 BROOKVIEW ADD
Parking & Garage Information
Parking Type: Detached Garage
Garage/Parking Sq. Ft: 308
Garage / Carport Type: Detached
Lot Information
# of Buildings: 1
Land Sq. Ft: 4,600
Legal Lot Number: 62
Municipality Name: WAYNE TOWNSHIP
Acres: 0.1056
Depth Footage: 115
Front Footage: 40
County Use Description: SINGLE FAMILY PLATTED LOT
Utility Information
Electricity / Wiring Type: Available
Sewer Type: Public
Water Service Type: Public
Financial
Assessor Information
Assessment Year: 2025
Tax District County: FT. WAYNE WAYNE TWP
Public facts
Beds: 2
Baths: 1.0
Sq. Ft.: 932
Stories: 1.0
Lot Size: 4,600 square feet
Style: Single Family Residential
Year Built: 1950
Year Renovated: 1950
County: Allen County
APN: 020735259014000074
Home facts updated by county records on Jul 13, 2026
Around this home
Schools
Franke Park Elementary School
Public PreK-5 • Assigned • 0.8mi
4/10
Northwood Middle School
Public 6-8 • Assigned • 2.6mi
5/10
North Side High School
Public 9-12 • Assigned • 0.2mi
3/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 100° expected this year, 17 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
3/10 Air Factor
2 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Fort Wayne, IN • 46805
Average low and high temperatures (°F)
30
16
37
22
57
35
65
45
70
50
83
64
87
69
83
64
80
58
69
46
51
37
38
25
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
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Dec
Sun exposure
In this area, properties receive around 10.9 hours in
June and 3.3 hours in December, which is comparable to the
U.S. average for solar exposure.
10.9 hrs
3.3 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$135,000 – $163,000
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