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12616 Memory Ln, Fort Wayne, IN, 46818

4beds
3baths
2,546sqft
$491,166
$193price/sqft
$3,208/moest. monthly cost
$128,320/yrincome needed

About This Home

Model homes are OPEN Mon-Wed 1pm - 6pm, Sat-Sun 12-5pm. Floorplan available to build! Lancia's latest update with the Norah II. Home has 2,546 sq.ft. 4BDR, 2.5Bath. 9' ceilings on 1st Floor and Garage. Open floorplan with lots of upgrades for ideas to add to your own new Lancia Home! Great Room has stone gas fireplace with wood mantle, iron balusters on stairs, view of Kitchen island, Owner Suite, Laundry and Office on the main. Upstairs has Large Bonus Room with half wall to staircase, 3 Bedrooms all with walk-in closets and a Full Bath. 2-year foundation to roof guarantee and a Lancia in-house Service Dept. Wired for alarm. Home has Simplx Smart Home Technology. Grading and seeding back yard, 6 shrubs, one 1-1/2'  tree and sod in the front yard completed after closing per Lancia's lawn schedule for any new homes in this neighborhood. (Possession DATE 2-15-2055)

Getting Around

0
WalkingCar-Dependent
0
TransitNo Nearby Transit
25
BikeSomewhat Bikeable

Schools

7/10
Arcola SchoolGrades K-57.6 mi
6/10
Carroll Middle SchoolGrades 6-80.9 mi
9/10
Carroll High SchoolGrades PK,9-121.1 mi

Construction

Condition

  • New construction: Yes
  • Year built: 2024

Materials

  • Foundation: Slab
  • Roof: Dimensional Shingles
  • Construction materials: Stone,Vinyl Siding

Other

  • Builder name: Lancia Homes

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Disposal,Range/Oven Hook Up Gas,Dishwasher,Microwave,Gas Range,Electric Water Heater
  • Laundry features: Electric Dryer Hookup,Main Level,Washer Hookup

Bedroom1

  • Level: Main

Bedroom2

  • Level: Upper

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1
  • Main level bedrooms: 1

Features

  • 1st Bdrm En Suite,Breakfast Bar,Ceiling-9+,Ceiling Fan(s),Walk-In Closet(s),Laminate Counters,Stone Counters,Entrance Foyer,Kitchen Island,Open Floorplan,Split Br Floor Plan,Double Vanity,Wired for Data,Wiring-Smart Home,Stand Up Shower,Tub/Shower Combination,Main Level Bedroom Suite,Great Room
  • Door features: Pocket Doors,ENERGY STAR Qualified Doors
  • Window features: ENERGY STAR Qualified Windows
  • Flooring: Carpet,Vinyl,Ceramic Tile
  • Number of fireplaces: 1
  • Fireplace features: Living Room,Fireplace Screen/Door,Gas Log,One,Gas Starter,Vented
  • Fireplace: Yes
  • Attic: Pull Down Stairs,Storage
  • Finished area below ground: 0
  • Finished area above ground: 2,546

Heating & Cooling

  • Heating features: Natural Gas,Forced Air,ENERGY STAR Qualified Equipment
  • Cooling features: Central Air,Ceiling Fan(s),ENERGY STAR Qualified Equipment,SEER 14

Interior Area

  • Total structure area: 2,546
  • Total interior livable area: 2,546 sqft

Kitchen

  • Level: Main
  • Area: 176

Living Room

  • Level: Main
  • Area: 288

Office

  • Level: Main
  • Area: 121

Property

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Patio
  • Fencing: None

Lot

  • Lot size: 0.28 Acres
  • Features: Level,City/Town/Suburb
  • Lot size dimensions: 75 x 160

Parking

  • Total spaces: 3
  • Parking features: Attached,Garage Door Opener,Concrete
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Tornado
    TornadoRelatively High
  • Drought
    DroughtModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Tornado
Drought
Strong Wind
Winter Weather

FEMA Declared Disasters Across Indiana Counties

Flood
Severe Storm
Snowstorm
Straight Line Winds
Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,483$29,796
Home Insurance *$177$2,124
Property Taxes $315$3,780
Electricity $233$2,800
Total$3,208$38,496
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$109,988/yr
40% on housing$96,240/yr
45% on housing$85,546/yr

Indiana FAIR Plan Programs

Indiana Basic Property Insurance Underwriting Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 810Commercial: 30
Total Premiums$1.77M
Total Exposure$1.82M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.4%
9.4%
0%30.0%
Electricity Growth Rate10-year average: 6.1%
6.1%
0%15.0%
Property Taxes Growth Rate2-year average: 5.1%
5.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$193This listing

vs Other Active Listings

Avg $/sqft

ZIP 46818$154
Allen County$136

vs Homes Sold Last Month

Median $/sqft

ZIP 46818$168
Allen County$139

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-02-10Price change$493,666
2025-10-04Listed for sale$491,902
2025-10-04Listing removed$491,902
2025-07-31Price change$491,902
2025-03-14Price change$485,712
2024-12-05Price change$485,622
2024-10-04Listed for sale$494,622

New Construction

AgentJamie Lancia
BrokerageLancia Homes and Real Estate

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