2405 Terrace Rd is a 856 square foot house on a 4,321 square foot lot with 2 bedrooms and 1 bathroom. Based on Redfin's Fort Wayne data, we estimate the home's value is $141,425.
Single-familyProperty Type
1930Year Built
4,321 sq ftLot Size
$165Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$141,425
$1,000 since July
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 4.8% lower than the average sale price ($149K) 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
$1,082 (−16.9%)
$27,500 + $97,500
$125,000
2024
$1,302 (+49.0%)
$22,900 + $109,400
$132,300
2023
$874 (+9.8%)
$18,600 + $88,000
$106,600
2022
$796 (+50.4%)
$18,600 + $73,300
$91,900
2021
$529 (+8.6%)
$8,600 + $64,500
$73,100
2020
$487 (+6.5%)
$8,600 + $57,200
$65,800
2019
$457 (−1.7%)
$8,600 + $50,800
$59,400
2018
$465 (−1.9%)
$8,600 + $50,800
$59,400
2017
$474 (+37.9%)
$8,600 + $45,000
$53,600
2016
$344 (+11.7%)
$8,600 + $45,000
$53,600
2015
$308 (−11.5%)
$8,600 + $41,300
$49,900
2013
$348
$8,600 + $41,400
$50,000
Tax history for 2405 Terrace Rd
Year
Property tax
Land + Additions
Assessment*
2025
$1,082 (−16.9%)
$27,500 + $97,500
$125,000
2024
$1,302 (+49.0%)
$22,900 + $109,400
$132,300
2023
$874 (+9.8%)
$18,600 + $88,000
$106,600
2022
$796 (+50.4%)
$18,600 + $73,300
$91,900
2021
$529 (+8.6%)
$8,600 + $64,500
$73,100
2020
$487 (+6.5%)
$8,600 + $57,200
$65,800
2019
$457 (−1.7%)
$8,600 + $50,800
$59,400
2018
$465 (−1.9%)
$8,600 + $50,800
$59,400
2017
$474 (+37.9%)
$8,600 + $45,000
$53,600
2016
$344 (+11.7%)
$8,600 + $45,000
$53,600
2015
$308 (−11.5%)
$8,600 + $41,300
$49,900
2013
$348
$8,600 + $41,400
$50,000
*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
Building - residential
Work on waterproofing.
Remodel
Jul 17, 2009 • Final
Electrical - residential
Install a new electrical panel, meter, and riser. Rewire the basement.
Electrical
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: 836
Basement Type: Finished
Bathroom Information
# of Full Baths: 1
# of Bathroom Fixtures: 5
Heating & Cooling
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: 856
Adjusted Gross Sq. Ft: 1,692
Building Sq. Ft: 1,692
# of Stories: 1
Legal Description: EX 5 FT ALLEY LOT 25 BROOKVIEW ADD
Parking & Garage Information
Parking Type: Detached Garage
Garage/Parking Sq. Ft: 324
Garage / Carport Type: Detached
Lot Information
# of Buildings: 1
Land Sq. Ft: 4,321
Legal Lot Number: 25
Municipality Name: WAYNE TOWNSHIP
Acres: 0.0992
Depth Footage: 108
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.: 856
Stories: 1.0
Lot Size: 4,321 square feet
Style: Single Family Residential
Year Built: 1930
Year Renovated: 1930
County: Allen County
APN: 020735256028000074
Home facts updated by county records on Jul 13, 2026
Around this home
Schools
Franke Park Elementary School
Public PreK-5 • Assigned • 0.7mi
4/10
Northwood Middle School
Public 6-8 • Assigned • 2.6mi
5/10
North Side High School
Public 9-12 • Assigned • 0.3mi
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
Sep
Oct
Nov
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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