6 days on Rocket
$2,968 Closing Credit¹
#202519900, Abigail Brandenberger, Listing Office: Coldwell Banker Real Estate Group
$325,000 List price
1040 Somerset Ln Fort Wayne, IN 46805
$3,859
Closing credit¹
4 beds
3 full
0.3 acres
$78 / sqft
House
Property details
About 1040 Somerset Ln
Step into timeless elegance with this expansive and classic home, offering over 4,000 square feet of beautifully designed living space. Featuring 4 spacious bedrooms and 3 full bathrooms, this home perfectly blends character, comfort, and functionality. From the moment you enter, you'll be greeted by rich hardwood floors and glamorous designer wallpaper, setting a tone of sophistication throughout. The heart of the home is the chef’s kitchen, outfitted with custom Grabill cabinetry and a Sub-Zero refrigerator, perfect for both everyday living and entertaining. Enjoy three oversized living areas and a cozy lounge/sitting area, ideal for gatherings or quiet moments. Two of the bedrooms are private main suites with luxurious ensuite baths, making this home ideal for families, guests, or multi-generational living. Situated in a prime location, you’re just minutes from beautiful local parks, the Coliseum, and a wide variety of restaurants and shopping options. Classic charm, premium finishes, and an unbeatable location—this home truly has it all.
Highlights
Home typeSingle Family Residence
HeatingNatural Gas, Forced Air
StatusActive
CoolingAttic Fan, Central Air
Lot size0.3 Acres
Year built1970
ParkingConcrete
MLS #202520624
Attached garage3 spaces
FireplaceExtra Rm, Living/Great Rm
Virtual tour
Summary
- Full Bathrooms: 3
- Fireplace: Extra Rm, Living/Great Rm
- Total Bedroom Count: 4
- Garage Space: 3 spaces
- Attached Garage: Yes
- Parking: Concrete
- Exterior: Brick, Wood
- Architectural Style: Traditional
- Heating: Natural Gas, Forced Air
- Cooling: Attic Fan, Central Air
- List Price: $325,000
- Price/SqFt: $77
- Annual Tax Amount: $4,024
- Tax Year: 2023
- Lot: Corner Lot, Level
- Directions: Heading North on Parnell you will turn Right onto Somerset. Home is on the corner of Parnell and Somerset.
- Year Built: 1970
- Lot Size: 0.3 Acres
- MLS Number: 202520624
- Office Name: Wyatt Group Realtors
- Listing Agent: Jesus Murua
The data on this website relating to real estate for sale comes in part from the Internet Data Exchange (IDX) program of the Indiana Regional MLS (IRMLS). IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. ©2011-2025 Indiana Regional MLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/4/2025, 11:45:32 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$325,000
1040 Somerset Ln
$3,859
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Aug 12, 2020 | Home Sold | $236,900 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $350,500 | $4,024 |
| 2022 | $346,400 | $2,362 |
| 2021 | $230,100 | $2,362 |
| 2020 | $220,100 | $2,109 |
| 2019 | $198,200 | $1,982 |
| 2017 | $178,400 | $1,838 |
History based on county public records data.
Nearby schools
4
Forest Park Elementary School
Public District PK-5
1.0 mi
•2004 Alabama Ave
4
Northcrest Elementary School
Public District PK-5
1.3 mi
•5301 Archwood Ln
6
Franke Park Elementary School
Public District PK-5
1.4 mi
•828 Mildred Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $47,705. Typical income of Fort Wayne, IN residents is between $35k-100k annually. The majority of families are single, no kids. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
30%
<35k
58%
35k-100k
10%
100k-200k
2%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
50%
Single, No Kids
11%
Single, with Kids
22%
Married, No Kids
17%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
16%
<11 yrs old
8%
12-17 yrs old
25%
18-34 yrs old
39%
35-64 yrs old
12%
65+ yrs old
What do the neighbors do for fun?
Mexican League Soccer
College Basketball
Soccer
Where do the neighbors shop?
Books-a-Million
Dillards
Burlington
Where do the neighbors go to eat?
Church's Chicken
Logan's Roadhouse
Wingstop
What do the neighbors drive?
Toyota
Hyundai
Nissan
What do the neighbors listen to?
Adult Hits
Rock
Christian Adult Contemporary
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1040 Somerset Ln
The listing price of 1040 Somerset Ln property is $325,000.
The property 1040 Somerset Ln is a house located in Fort Wayne, Indiana, 46805.
Active Listing: 1040 Somerset Ln is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1040 Somerset Ln are: Forest Park Elementary School (GreatSchools Rating 4/10), Northcrest Elementary School (GreatSchools Rating 4/10), Franke Park Elementary School (GreatSchools Rating 6/10), Lakeside Middle School (GreatSchools Rating 5/10), Northwood Middle School (GreatSchools Rating 5/10), Memorial Park Middle School (GreatSchools Rating 5/10), North Side High School (GreatSchools Rating 2/10), Snider High School (GreatSchools Rating 5/10), Smith Academy for Excellence (GreatSchools Rating 3/10).
According to the records, the last property tax for 2023 is $4,024 (source: MLS/based on county public records data).
The last sale was on August 12, 2020 for $236,900 (source: MLS/tax record).
The property at 1040 Somerset Ln has 4 bedrooms and 3 bathrooms.
The year of construction for 1040 Somerset Ln is 1970.
This home is located at 1040 Somerset Ln in Fort Wayne, IN and zip code 46805 in the Northside neighborhood. This home, which was built in 1970, sits on a 0.30 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since June 2, 2025 and is currently priced at $325,000.
Fort Wayne, IN housing market in May 2025 saw over 95 listings sold above listed price, more than 94 sold at listed price and over 165 sold below. The number of homes for sale in Fort Wayne, IN increased by 16.3% between April and May 2025. In May 2025, listings were on the market for 28 days. During the same period, the median list price in this real estate market was $246,050.
From Rocket Homes Real Estate and based on county public records data.