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Single Family ResidenceResidential
$317,017$202 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 98How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Jul 14, 2026
Last sold for $186,000 on Jul 26, 2018

1511 RAPIDS WAY

FORT WAYNE, IN 46825
3
Beds
3 / 1
Baths
1,568 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.25 ac
Lot SizeThe size of the land the home sits on, from county records.
1987
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
8
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.
2
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$317K
$310K low$324K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$186,000 · Jul 26, 2018
Est. Owner EquityRoughly how much of the home's value the owner would keep after paying off known loans. It is our estimate minus the loans still owed.$130,284
Est. Lendable EquityThe part of the owner's equity a lender would typically let them borrow against — about 80% of their equity.$104,227
Loan-to-ValueHow much is still owed on the home compared to what it is worth. 80% means loans equal 80% of our estimate, so it shifts when the estimate does.63%
1st MortgageA loan still believed to be open on this home, in the order lenders get repaid. The first position is paid back before the second.$186,733
RUOFF MORTGAGE COMPANY INC · recorded Dec 26, 2019

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$3,337 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$320,200 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$52,600
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$267,600
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$320,200
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$320,200

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyAllen
Lot (acres)The size of the land the home sits on, from county records.0.25
ConstructionThe main material the home's frame and walls are built from.Masonry/Concrete Masonry Units (Cmus)
RoofThe main material covering the roof, such as asphalt shingle or tile.Asphalt
HeatingThe type of heating system in the home.Central
CoolingThe type of cooling or air conditioning in the home.Central
FireplaceWhether the home has a fireplace, and what kind.Yes
GarageWhether the property has a garage, and details like whether it is attached to the home.Garage, Attached
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Porch · 300 ft²

Transaction History(1)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

M
Northwood Middle SchoolC+
Middle · Grades 6–8 · 0.5 mi
E
Northcrest Elementary SchoolC-
Elementary · Grades PK–5 · 0.6 mi
H
North Side High SchoolD-
High · Grades 9–12 · 2.2 mi

District: Fort Wayne Community Schools

Neighborhood · ZIP 46825These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.112
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.98
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.31

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.95%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.24%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.8.1%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.4%
PopulationHow many people live in this area.29,364
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.1,911 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$70,396
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$81,625
Average tempThe average temperature here across a full year.50°F
Annual precipHow much rain and melted snow falls here in a typical year.38 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.59%

Ownership

OccupancyWhether the owner appears to live here or somewhere else. It is inferred from the mailing address on record.Owner occupied
Company ownedWhether the owner is a company or trust rather than a person.No

Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

1511 Rapids Way measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth more than 78% of homes in Fort Wayne 46825
  • Costs more per square foot than 92% of homes in Fort Wayne 46825

What homes are worth in Fort Wayne 46825

Each bar is how many homes fall in that price range. The marker is this home.

This home
$151K$524K

This home is worth more than 78% of homes in Fort Wayne 46825.

How it measures up in Fort Wayne 46825

The dot is this home. The mark in the middle is the typical home in Fort Wayne 46825.

Estimated value$317,017
CheaperTypical $248,609Pricier

Pricier than 78% of homes nearby

Price per ft²$202
CheaperTypical $154Pricier

Pricier than 92% of homes nearby

Living area1,568 ft²
SmallerTypical 1,707 ft²Bigger

Bigger than 42% of homes nearby

Lot size0.25 ac
SmallerTypical 0.24 acBigger

Bigger than 54% of homes nearby

Year built1987
OlderTypical 1989Newer

Newer than 47% of homes nearby

How 1511 Rapids Way ranks against every home in each area.
MeasureThis homeFort Wayne 46825Allen County
Estimated valuepricier than$317,01778% of homes71% of homes
Price per ft²pricier than$20292% of homes88% of homes
Living areabigger than1,568 ft²42% of homes39% of homes
Lot sizebigger than0.25 ac54% of homes48% of homes
Year builtnewer than198747% of homes63% of homes

About 1511 Rapids Way

How much is 1511 Rapids Way, Fort Wayne, IN worth?

The TopHap Estimate for 1511 Rapids Way, Fort Wayne, IN is $317,017 as of Jul 14, 2026. The likely range is $309,651 to $324,383. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 1511 Rapids Way, Fort Wayne, IN last sell?

1511 Rapids Way, Fort Wayne, IN last sold on Jul 26, 2018 for $186,000, according to the county's recorded deed.

How big is 1511 Rapids Way, Fort Wayne, IN?

1511 Rapids Way, Fort Wayne, IN has 3 bedrooms, 3 bathrooms, 1,568 square feet of living space and a 0.25-acre lot.

When was 1511 Rapids Way, Fort Wayne, IN built?

1511 Rapids Way, Fort Wayne, IN was built in 1987, making it 39 years old. The building has 1 story.

What schools serve 1511 Rapids Way, Fort Wayne, IN?

1511 Rapids Way, Fort Wayne, IN is assigned to Northwood Middle School (middle), rated C+; Northcrest Elementary School (elementary), rated C-; North Side High School (high), rated D-. All sit in Fort Wayne Community Schools. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 1511 Rapids Way, Fort Wayne, IN compare to other homes in Fort Wayne 46825?

Among the 8,424 homes in Fort Wayne 46825, it is worth more than 78% of them ($317,017 against a typical $248,609), its price per square foot is higher than 92% of them ($202 against a typical $154), it is bigger than 42% of them (1,568 ft² against a typical 1,707 ft²), its lot is bigger than 54% of them (0.25 ac against a typical 0.24 ac) and it is newer than 47% of them (1987 against a typical 1989). Measured against all of Allen County, it is worth more than 71% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 1511 Rapids Way, Fort Wayne, IN?

The 2025 property tax bill for 1511 Rapids Way, Fort Wayne, IN was $3,337. The county assessed it at $320,200.

Closest homes

More homes in Fort Wayne 46825

Assigned schools

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