See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

5502 Vance Ave, Fort Wayne, IN, 46815

5beds
3baths
2,208sqft
$240,000
$109price/sqft
$1,749/moest. monthly cost
$69,960/yrincome needed

About This Home

Spacious 5-bedroom, 3-bath home in a convenient location near shopping, I-469, parks, and trails. The bright and inviting huge family room is filled with windows, providing abundant natural light and beautiful views year-round. A main-floor 5th bedroom offers flexibility for guests, a home office, or multigenerational living. Located in the desirable Snider High School district, this home combines space, comfort, and convenience with easy access to everyday amenities and recreation. Don't miss this opportunity to make it your own!

Getting Around

30
WalkingCar-Dependent
26
TransitSome Transit
35
BikeSomewhat Bikeable

Schools

3/10
Lane Middle SchoolGrades 6-80.4 mi
7/10

Construction

Condition

  • Year built: 1971

Materials

  • Foundation: Slab
  • Construction materials: Brick

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Microwave,Refrigerator,Electric Oven

Bedroom1

  • Level: Upper

Bedroom2

  • Level: Upper

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1
  • Main level bedrooms: 1

Dining Room

  • Level: Main
  • Area: 130

Family Room

  • Level: Main
  • Area: 289

Features

  • 1st Bdrm En Suite
  • Number of fireplaces: 1
  • Fireplace features: Dining Room
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 2,208

Heating & Cooling

  • Heating features: Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,208
  • Total interior livable area: 2,208 sqft

Kitchen

  • Level: Main
  • Area: 100

Living Room

  • Level: Main
  • Area: 276

Property

Details

  • Parcel number: 020828387010.000072

Features

  • Levels: Two
  • Stories: 2

Lot

  • Lot size: 0.29 Acres
  • Features: Level
  • Lot size dimensions: 90X140

Parking

  • Total spaces: 2
  • Parking features: Attached
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

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

  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Strong Wind
Tornado
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 $1,213$14,556
Home Insurance *$132$1,584
Property Taxes $202$2,424
Electricity $202$2,428
Total$1,749$20,988
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$59,965/yr
40% on housing$52,470/yr
45% on housing$46,640/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

$109This listing

vs Other Active Listings

Avg $/sqft

ZIP 46815$124
Allen County$137

vs Homes Sold Last Month

Median $/sqft

ZIP 46815$128
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
2026-08-08Pending sale$225,000
2026-08-07Price change$225,000
2026-07-09Price change$240,000
2026-06-11Price change$250,000
2026-05-30Listed for sale$265,000
2022-03-14Sold$225,000
2022-02-11Contingent$240,000
2022-02-01Listed for sale$240,000

For Sale by Agent

AgentJeffrey Lawson
BrokerageF.C. Tucker Fort Wayne

Similar Homes