7318 Inverness Commons is a 3,844 square foot house on a 0.37 acre lot with 3 bedrooms and 3.5 bathrooms. Based on Redfin's Fort Wayne data, we estimate the home's value is $540,968.
Single-familyProperty Type
1996Year Built
0.37 acresLot Size
$141Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$540,968
$17K since August
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 0.4% higher than the average sale price ($539K) 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
$5,065 (−7.0%)
$64,400 + $431,800
$496,200
2024
$5,447 (+2.3%)
$64,400 + $440,200
$504,600
2023
$5,322 (+9.3%)
$51,400 + $442,600
$494,000
2022
$4,870 (+8.0%)
$51,400 + $396,300
$447,700
2021
$4,509 (−0.2%)
$51,400 + $376,400
$427,800
2020
$4,520 (+8.4%)
$51,400 + $373,600
$425,000
2019
$4,172 (+10.0%)
$51,400 + $341,200
$392,600
2018
$3,791 (+2.5%)
$51,400 + $304,800
$356,200
2017
$3,698 (−2.5%)
$51,400 + $302,100
$353,500
2016
$3,793 (+3.7%)
$51,400 + $302,100
$353,500
2015
$3,658 (−42.0%)
$51,400 + $292,900
$344,300
2013
$6,306
$51,400 + $279,900
$331,300
Tax history for 7318 Inverness Commons
Year
Property tax
Land + Additions
Assessment*
2025
$5,065 (−7.0%)
$64,400 + $431,800
$496,200
2024
$5,447 (+2.3%)
$64,400 + $440,200
$504,600
2023
$5,322 (+9.3%)
$51,400 + $442,600
$494,000
2022
$4,870 (+8.0%)
$51,400 + $396,300
$447,700
2021
$4,509 (−0.2%)
$51,400 + $376,400
$427,800
2020
$4,520 (+8.4%)
$51,400 + $373,600
$425,000
2019
$4,172 (+10.0%)
$51,400 + $341,200
$392,600
2018
$3,791 (+2.5%)
$51,400 + $304,800
$356,200
2017
$3,698 (−2.5%)
$51,400 + $302,100
$353,500
2016
$3,793 (+3.7%)
$51,400 + $302,100
$353,500
2015
$3,658 (−42.0%)
$51,400 + $292,900
$344,300
2013
$6,306
$51,400 + $279,900
$331,300
*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
AOD
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.
Zone overlays
Airport Overlay District
Permitted uses
Include but are not limited to:
Assembly/ meeting place
Housing-Group
Housing-Single unit
Recreation
Jun 2, 2023 • Active
Plumbing - residential
Install a new water heater.
Plumbing
Water heater
Jun 2, 2023 • Active
Heating - residential
Install a new gas furnace and air conditioning system.
HVAC
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: 2,026
Basement Finish: Finished
Basement Type: Finished
Bathroom Information
# of Full Baths: 3
# of 1/2 Baths: 1
# of Bathroom Fixtures: 15
Heating & Cooling
Air Conditioning Type: Central
Heating Type: Warm Air
Fireplace Information
# of Fireplaces: 3
Fireplace Type: Masonry
Has Fireplace
Room Information
# of Rooms: 8
Exterior
Exterior Information
Physical Condition: Average
Construction Type: Masonry
Building Type: Single Family
Property Information
Subdivision Name: INVERNESS LAKES SEC 03 INVERNES
Living Sq. Ft: 3,844
Adjusted Gross Sq. Ft: 4,240
Building Sq. Ft: 4,772
# of Stories: 1
Legal Description: INVERNESS LAKES SEC III INVERNESS COMMONS LOT 67
Parking & Garage Information
# of Parking Spaces: 3
Parking Type: Attached Garage
Garage/Parking Sq. Ft: 532
Garage / Carport Type: Attached
Lot Information
# of Buildings: 1
Land Sq. Ft: 15,912
Legal Lot Number: 67
Municipality Name: ABOITE TOWNSHIP
Acres: 0.3653
Depth Footage: 156
Front Footage: 102
County Use Description: SINGLE FAMILY PLATTED LOT
Financial
Assessor Information
Assessment Year: 2025
Tax District County: FORT WAYNE ABOTIE
Public facts
Beds: 3
Baths: 3.5
Sq. Ft.: 3,844
Stories: 1.0
Lot Size: 0.37 acres
Style: Single Family Residential
Year Built: 1996
Year Renovated: 1996
County: Allen County
APN: 021112329009000075
Home facts updated by county records on Jul 13, 2026
Around this home
Schools
Deer Ridge Elementary
Public K-5 • Assigned • 1.8mi
9/10
Woodside Middle School
Public 6-8 • Assigned • 3.8mi
9/10
Homestead Senior High School
Public 9-12 • Assigned • 2.8mi
9/10
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 • 46804
Average low and high temperatures (°F)
29
15
38
21
57
35
65
44
69
50
82
62
86
67
81
60
80
55
69
44
51
36
38
24
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 11 hours in
June and 3.3 hours in December, which is comparable to the
U.S. average for solar exposure.
11 hrs
3.3 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$514,000 – $623,000
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