$2,959,900
$740K PRICE DROP

Estimated payment $15,722/month

Total Views 69,604
29.16 Acres
$101,505 Price per Acre
1,270,210 Sq Ft Lot

About This Lot

29 acre rare opportunity for apartment, assisted living or retirement communities. Office and medical facilities are also possibilities. Walking distance to major retailers: Walmart, Kohls, Meijer and Menards. Restaurants, banking and several small retailers are also in immediate area. I-469 highway is just ¼ mile away. This is a high traffic area in a fast growing part of NE Fort Wayne. Current zoning only allows for light residential use and re-zoning would be needed. Survey is attached. Additional 21.71 acres is available just to the east for $2.5 mil. (IRMLS #202312717).

Listing Agent

Mark Swift

Encore Sotheby's International Realty Brokerage Phone: 260-433-7765 Listed on: 04/25/2023

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,088

Lot Details

  • 29.16 Acre Lot
  • Lot Dimensions are 1048 x 1280 x 1095
  • Private Streets
  • Finished Lot(s)
  • The community has rules related to zoning restrictions

Schools

  • Arlington Elementary School
  • Jefferson Middle School
  • Northrop High School

Utilities

  • Gas Available

Listing and Financial Details

  • Assessor Parcel Number 02-08-24-452-001.000-072

Property Details

Property Type

Land

Est. Annual Taxes

$1,088

Lot Details

0

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Commercial Land
  • Legal Description: E1/2 SW1/4 S OF R & W1/2 SE1/4 EX TRS & EX R/W SEC 24
  • Parcel Number ID: 02-08-24-452-001.000-072
  • Platted: Yes
  • Location: City
  • Road Access: Private
  • Section Number: 24
  • Parcel Description: Irregular, Level
  • Restrictions: Zoning Restrictions
  • Platted Development: Yes
  • Type Use: Commercial
  • Year Taxes Payable: 2021
  • Special Features: None

Exterior Features

  • Road Frontage: City

Utilities

  • Water Utilities: Available
  • Electricity Type: Available
  • Fuel Type: Available
  • Sewer Type: Available

Schools

  • School District: Fort Wayne Community
  • Elementary School: Arlington
  • Middle School: Jefferson
  • High School: Northrop
  • Elementary School: Arlington

Lot Info

  • Lot Dimensions: 1048 x 1280 x 1095
  • Estimated Lot Sq Ft: 1270035
  • Estimated Lot Size Acres: 29.16

Tax Info

  • Annual Taxes: 1088

MLS Schools

  • High School: Northrop
  • Middle School: Jefferson
  • School District: Fort Wayne Community

Map

Range of Values:

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,461 $66,400 $66,400 --
2023 $1,461 $55,300 $55,300 $0
2022 $1,188 $43,700 $43,700 $0
2021 $1,088 $37,600 $37,600 $0
2020 $1,106 $37,300 $37,300 $0
2019 $1,395 $45,400 $45,400 $0
2018 $1,468 $46,900 $46,900 $0
2017 $5,824 $181,300 $181,300 $0
2016 $5,824 $184,100 $184,100 $0
2014 $5,747 $186,700 $186,700 $0
2013 $5,481 $178,900 $178,900 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2024 10/11/24 Price Changed $2,959,900 -20.0% --
04/25/2023 04/25/23 For Sale $3,700,000 -- --
Source: Indiana Regional MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Available
Warranty Deed -- None Available
Warranty Deed $133,110 None Available
Warranty Deed -- Titan Title Services Llc
Warranty Deed -- Titan Title Services Llc
Warranty Deed -- Lawyers Title Ins
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,290,000 Commercial
Previous Owner $85,000 Seller Take Back
Source: Public Records

Source: Indiana Regional MLS

MLS Number: 202312710

Indiana Regional MLS

APN: 02-08-24-452-001.000-072