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4537 Gaywood Dr, Fort Wayne, IN, 46806

2beds
1baths
1,179sqft
$89,000
$75price/sqft
$773/moest. monthly cost
$30,920/yrincome needed

About This Home

This cottage-style home has a warm, welcoming feel from the moment you arrive. Inside, the layout offers comfortable living with flexible space that can be set up to fit your needs. Whether you're looking for a place to settle into or something you can personalize, this home is worth a visit. Built in 1945, this single-level home offers 1,179 square feet per county records and features a low-maintenance vinyl exterior. The home can function as a two-bedroom with a larger living room, or as a three-bedroom with a wall already added-giving you the option to choose what works best for your lifestyle. One full bathroom completes the layout, along with a simple, easy-to-maintain setup for everyday living.

Getting Around

36
WalkingCar-Dependent
38
TransitSome Transit
37
BikeSomewhat Bikeable

Schools

3/10
Lane Middle SchoolGrades 6-84.9 mi
2/10
South Side High SchoolGrades 9-121.0 mi

Construction

Condition

  • Year built: 1945

Materials

  • Foundation: Block,Full
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Bungalow
  • Property subType: Residential,Single Family Residence

Interior

Appliances

  • Appliances included: Electric Oven,Washer

Basement

  • Has basement: Yes

Bedroom2

  • Level: Main
  • Area: 154
  • Dimensions: 14x11

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bathrooms: 1
  • Main level bedrooms: 2

Features

  • Window features: WoodWorkStain/Painted
  • Finished area below ground: 98

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: None

Interior Area

  • Total structure area: 1,179
  • Total interior livable area: 1,179 sqft

Kitchen

  • Level: Main
  • Area: 224
  • Dimensions: 14x16

Living Room

  • Level: Main
  • Area: 168
  • Dimensions: 14x12

Master Bedroom

  • Level: Main
  • Area: 182
  • Dimensions: 14x13

Property

Details

  • Parcel number: 021224204016000074
  • Special condition: As Is
  • Horse amenities: None

Features

  • Levels: One
  • Stories: 1

Lot

  • Lot size: 6,534 sqft

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
  • Cold Wave
    Cold WaveModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Tornado
Cold Wave
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 $450$5,400
Home Insurance *$82$984
Property Taxes $57$684
Electricity $184$2,212
Total$773$9,276
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$26,502/yr
40% on housing$23,190/yr
45% on housing$20,613/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

$75This listing

vs Other Active Listings

Avg $/sqft

ZIP 46806$77
Allen County$137

vs Homes Sold Last Month

Median $/sqft

ZIP 46806$110
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)

No zestimate history available

Price History

DateEventPrice
2026-03-31Listed for sale$115,000
2017-02-07Sold$24,000
2016-12-02Price change$25,650
2016-10-15Listed for sale$29,900

For Sale by Agent

AgentTerry Young
BrokerageRed Bridge Real Estate

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