OPEN HOUSE SUNDAY 7/19 - 1 to 3 PM. Experience refined living in this masterfully designed 4-bedroom, 3.5-bath custom home with an adjusted price to align with the current market conditions! Situated on a cul-de-sac in desirable Mercato, this home offers over 2,600 sq ft of exceptional living space. The main level features 10-foot ceilings, a dramatic floor-to-ceiling stone fireplace with electric insert, and a gourmet kitchen with quartz counters, 8-foot island, custom J&M cabinetry, butler’s pantry with wine fridge, and premium finishes. The primary suite includes a spa bath with tiled shower, separate tub, dual vanity, and custom his-and-hers closet. Additional highlights include a private pocket office, solid wood doors, Anderson windows, smart home features (automated blinds, security system), and an oversized 3-car garage with epoxy floors and rear yard access. Enjoy multiple patios, a fenced backyard, and Mercato’s walking trails, pond views, and convenient access to I-69, shopping, and Southwest Allen County Schools. Priced to sell with concessions — schedule your showing today!
Active
Price cut: $15K (6/18)
$724,900
12303 Rain Lily Ct, Fort Wayne, IN 46814
4beds
2,642sqft
Single Family Residence
Built in 2024
0.33 Acres Lot
$707,800 Zestimate®
$--/sqft
$-- HOA
What's special
Fenced backyardCustom his-and-hers closetDual vanityPremium finishesAnderson windowsSolid wood doorsMultiple patios
- 53 days |
- 610 |
- 21 |
Zillow last checked:
Listing updated:
Listed by:
Mary Sherer Cell:260-348-4697,
ERA Crossroads,
Mandy McVey,
ERA Crossroads
Source: IRMLS,MLS#: 202620518
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
- Main level bedrooms: 1
Bedroom 1
- Level: Main
Bedroom 2
- Level: Upper
Kitchen
- Level: Main
- Area: 240
- Dimensions: 16 x 15
Living room
- Level: Main
- Area: 336
- Dimensions: 16 x 21
Office
- Level: Main
- Area: 170
- Dimensions: 10 x 17
Heating
- Natural Gas, Forced Air
Cooling
- Central Air
Appliances
- Included: Disposal, Dishwasher, Microwave, Refrigerator, Gas Range
- Laundry: Electric Dryer Hookup
Features
- 1st Bdrm En Suite, Ceiling-9+, Ceiling Fan(s), Walk-In Closet(s), Eat-in Kitchen, Kitchen Island, Open Floorplan, Pantry, Main Level Bedroom Suite, Custom Cabinetry
- Doors: Pocket Doors
- Has basement: No
- Attic: Storage
- Number of fireplaces: 1
- Fireplace features: Living Room, Electric
Interior area
- Total structure area: 2,642
- Total interior livable area: 2,642 sqft
- Finished area above ground: 2,642
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Total spaces: 3
- Parking features: Attached, Garage Door Opener
- Attached garage spaces: 3
Features
- Levels: Two
- Stories: 2
- Patio & porch: Patio
- Fencing: Full
Lot
- Size: 0.33 Acres
- Dimensions: 90 x 148 x 109 x 140
- Features: Level, Landscaped
Details
- Parcel number: 021109303011.000038
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Concrete, Shingle Siding
- Foundation: Slab
Condition
- New construction: No
- Year built: 2024
Utilities & green energy
- Sewer: None
- Water: City
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: Mercato
Location
- Region: Fort Wayne
Financial & listing details
- Tax assessed value: $536,400
- Annual tax amount: $4,417
- Date on market: 5/29/2026
- Listing terms: Cash,Conventional,FHA,VA Loan
Estimated market value
$707,800
$672,000 - $743,000
$2,952/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/18/2026 | Price change | $724,900-2% |
Source:  IRMLS #202620518 Report a problem | ||
| 5/29/2026 | Listed for sale | $739,900-1.3% |
Source: IRMLS #202620518 Report a problem | ||
| 5/29/2026 | Listing removed | $749,900 |
Source: IRMLS #202615033 Report a problem | ||
| 4/29/2026 | Listed for sale | $749,900+26.2% |
Source: IRMLS #202615033 Report a problem | ||
| 11/8/2024 | Sold | $593,995+0.2% |
Source: IRMLS #202432387 Report a problem | ||
| 8/23/2024 | Pending sale | $593,025 |
Source: IRMLS #202432387 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4 -76.3% | $536,400 +53540% |
| 2024 | $16 | $1,000 |
| 2023 | -- | $1,000 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 46814
Nearby schools
GreatSchools rating
- 7/10Covington Elementary SchoolGrades: K-5Distance: 0.6 mi
- 7/10Woodside Middle SchoolGrades: 6-8Distance: 0.5 mi
- 10/10Homestead Senior High SchoolGrades: 9-12Distance: 1.7 mi
Schools provided by the listing agent
- Elementary: Covington
- Middle: Woodside
- High: Homestead
- District: MSD of Southwest Allen Cnty
Source: IRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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A local agent can set up tours, give advice and negotiate with sellers.
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