514 E  Masterson Ave, Fort Wayne, IN 46803
Property image
Property image
OFF MARKET

$138,500

Trulia Estimate
  • 3 Beds
  • 1 Bath
  • 1,556 sqft

514 E Masterson Ave, Fort Wayne, IN 46803

LaRez
Est. Refi. Payment $877/mo*
Refinance Your Home
Currently Off Market - Sold Oct 8, 2024 for $122,500

Home Value

Trulia Estimate
$139K
Since last month
Decreased$900 (-0.6%)
Since last year
Increased$15K (+12.1%)
Since last sale
Increased$16K (+13.4%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +384% in the last 10 years
MonthEstimated value
2026
August 2026$139K
July 2026$140K
June 2026$139K
May 2026$135K
April 2026$131K
March 2026$131K
February 2026$127K
January 2026$126K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.13
Single-Family Home
$114,900
03/26/26
2
1
796
0.31
Single-Family Home
$62,500
05/01/26
3
2
1,512
0.31
Single-Family Home
$42,000
10/24/25
3
1.5
1,632
0.77
Single-Family Home
$135,000
05/26/26
3
1
1,352
0.82
Single-Family Home
$133,400
07/13/26
3
1
1,449
0.07
Single-Family Home
$205,900
02/26/26
4
2
1,630
0.78
Single-Family Home
$120,000
02/13/26
3
1
1,604
0.58
Single-Family Home
$63,800
12/08/25
3
1
1,378

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.01
$186,000
3
2
1,409
For Sale
0.08
-
-
-
-
Off Market
0.07
$205,900
4
2
1,630
Recently Sold
0.08
-
-
-
-
Off Market
0.13
$114,900
2
1
796
Recently Sold
0.14
$195,400
4
2
1,452
Off Market
0.15
$300,000
4
4
2,580
For Sale
0.16
$197,600
6
2
2,592
Off Market
0.17
$184,500
3
1.5
1,220
Off Market
0.18
$169,200
3
1.5
1,792
Off Market
0.24
$59,900
4
1
1,400
Off Market

Local Information

  • Map ViewExplore the area around 514 E Masterson Ave.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1900
Living Area
1,556 sqft
Price/Sqft
$89
Parking
Garage

About this House

Take a look at this 3 bedroom home just minutes from downtown. The kitchen features a center island and comes with all appliances, including the washer and dryer. New first floor carpet and kitchen flooring as well. The bedrooms are spacious with plenty of closet and storage space. The 2-car garage is great for parking or storage, and has a new garage door. The deck and front porch give you options to entertain or just hang out. All this at an affordable price.
514 E Masterson Ave, Fort Wayne, IN 46803 is a 3 bedroom, 1 bathroom, 1,556 sqft single-family home in LaRez, built in 1900. It last sold for $122,500 on Oct 8, 2024 (3% above the $119,500 asking price). More recently, it was listed as a rental in July 2018 with an asking price of $675 per month. That rental listing was removed on August 16, 2018. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $138,500, with a rent estimate of $1,274/month.
Last check for updates: about 21 hours ago
Listed by Pete Hilty, (260) 705-8077
Coldwell Banker Real Estate Gr
Bought with: Jill Brigman, (260) 410-0174, Keller Williams Realty Group
Source: IRMLS, MLS#202432668

Home Details for 514 E Masterson Ave

Active Status

MLS Status: Closed

Interior Features

Interior Details
Basement: PartialNumber of Rooms: 6Types of Rooms: Bedroom 1, Bedroom 2, Dining Room, Kitchen, Living Room
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 1Number of Bathrooms (full): 1
Dimensions and Layout
Living Area: 1556 Square Feet
Appliances & Utilities
Appliances: Dishwasher, Refrigerator, Washer, Dryer-Electric, Gas RangeDishwasherRefrigeratorWasher
Heating & Cooling
Heating: Natural Gas,Forced AirHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Natural Gas
Fireplace & Spa
No Fireplace
Levels, Entrance, & Accessibility
Stories: 2Levels: Two

Exterior Features

Exterior Home Features
Patio / Porch: Deck, Porch CoveredFencing: Privacy
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportHas a GarageNo Attached GarageParking Spaces: 2Parking: Detached
Frontage
Not on Waterfront
Water & Sewer
Sewer: City
Finished Area
Finished Area (above surface): 1556 Square Feet

Property Information

Year Built
Year Built: 1900
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family Residence
Building
Construction Materials: Vinyl SidingNot a New ConstructionDoes Not Include Home Warranty
Property Information
Parcel Number: 021212157004.000074

Price & Status

Price
List Price: $119,500
Status Change & Dates
Off Market Date: Mon Sep 16 2024

Location

Direction & Address
City: Fort WayneCommunity: Lewis
School Information
Elementary School: ArlingtonElementary School District: Fort Wayne CommunityJr High / Middle School: JeffersonJr High / Middle School District: Fort Wayne CommunityHigh School: NorthropHigh School District: Fort Wayne Community

Building

Building Area
Building Area: 2096 Square Feet

Lot Information

Lot Area: 2613.6 sqft

Offer

Listing Terms: Cash, Conventional, FHA, VA Loan

Miscellaneous

BasementMls Number: 202432668Attribution Contact: Cell: 260-705-8077Above Grade Unfinished Area: 1556

Price and Tax history

DateEventPrice
Oct 8, 2024
Source: IRMLS #202432668
Sold
$122,500
Sep 16, 2024
Source: IRMLS #202432668
Pending
$119,500
Sep 12, 2024
Source: IRMLS #202432668
PriceChange
$119,500
Price decreased by 8%
Sep 4, 2024
Source: IRMLS #202432668
PriceChange
$129,900
Price decreased by 7%
Aug 26, 2024
Source: IRMLS #202432668
Listed For Sale
$139,900

Market trends in Fort Wayne

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$259K
$4.7K
MoM
Sale-to-List Price
100.0%
0.5%
MoM
Price per sq ft
$148
$1
MoM
Available listings
1100
63
MoM

Around this home

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about LaRez

At least 8 Trulia users voted on each feature.
  • 92 % Say there are sidewalks

  • 91 % Say car is needed

  • 75 % Say streets are well-lit

  • 75 % Say there's holiday spirit

  • 75 % Say kids play outside

  • 64 % Say parking is easy

  • 56 % Say it's dog friendly

  • 40 % Say neighbors are friendly

  • 35 % Say yards are well-kept

  • 33 % Say people would walk alone at night

  • 23 % Say it's quiet

  • 21 % Say it's walkable to grocery stores

  • 20 % Say there's wildlife

  • 10 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.

LGBTQ Local Legal Protections

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Frequently asked questions about 514 E Masterson Ave

  • What is 514 E Masterson Ave estimated to be worth?
    Trulia's estimated value for 514 E Masterson Ave in Fort Wayne, IN is $138,500.
  • What is the price history for 514 E Masterson Ave?
    514 E Masterson Ave in Fort Wayne, IN last sold for $122,500 in October 2024.
  • Is Fort Wayne a buyer's or seller's market?
    Fort Wayne is currently a balanced market, based on recent for-sale activity.
  • What's the median sale price in Fort Wayne?
    The median sale price in Fort Wayne is $259K. That is up $4.7K from the prior month.
  • Does 514 E Masterson Ave have air conditioning?
    Yes, 514 E Masterson Ave in Fort Wayne, IN has air conditioning.
  • Does 514 E Masterson Ave have laundry facilities?
    Yes, 514 E Masterson Ave in Fort Wayne, IN has laundry facilities.

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