14034 Lima Rd Fort Wayne, IN 46818
Estimated payment $3,789/month
Highlights
- Hot Property
- Pier or Dock
- Waterfront
- Carroll Middle School Rated A-
- Barn
- Lake, Pond or Stream
About This Home
Prime investment or commercial opportunity in the highly sought-after NWAC school district on 5 acres. This unique property features a 3-plex and mobile home that can generate approximately $5,000–$6,000+/month in rental income, plus additional revenue potential from multiple indoor and outdoor storage options for boats, trailers, RVs, etc ($70–$200/month per recreational unit). Ideally located on busy transportation route Hwy 3 with high visibility, just 12 minutes from I-69 for easy access south to Fort Wayne or north to the lakes. The property includes a 2,800 sq ft bank barn, 836 sq ft pavilion, scenic pond, and picturesque wooded views with piers and decks. Surrounded by major Northwest Allen development, offering excellent commercial exposure and strong future growth potential.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,800
Year Built
- Built in 1898
Lot Details
- 5 Acre Lot
- Lot Dimensions are 400x470x485x300x115x163
- Waterfront
- Level Lot
Home Design
- Quadruplex
- Wood Siding
- Metal Siding
Interior Spaces
- 2-Story Property
- Ceiling Fan
- Storage In Attic
- Laundry in Kitchen
- Unfinished Basement
Flooring
- Wood
- Carpet
- Laminate
- Ceramic Tile
- Vinyl
Bedrooms and Bathrooms
- 9 Bedrooms
Parking
- 2 Car Attached Garage
- Garage Door Opener
- Gravel Driveway
- Off-Street Parking
Outdoor Features
- Sun Deck
- Lake, Pond or Stream
Schools
- Aspen Meadows Elementary School
- Maple Creek Middle School
- Carroll High School
Farming
- Barn
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Private Company Owned Well
- Well
- Water Softener is Owned
- Septic System
Listing and Financial Details
- Assessor Parcel Number 02-02-20-300-002.000-057
Community Details
Recreation
- Pier or Dock
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- Electric Expense $4,800
- Fuel Expense $4,560
- Insurance Expense $3,400
- Trash Expense $800
Additional Features
- 4 Units
- Community Storage Space
Map
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 |
|---|---|---|---|---|
| 2025 | $3,615 | $451,700 | $120,000 | $331,700 |
| 2024 | $3,520 | $413,400 | $120,000 | $293,400 |
| 2023 | $3,500 | $383,000 | $120,000 | $263,000 |
| 2022 | $3,405 | $377,800 | $120,000 | $257,800 |
| 2021 | $3,345 | $346,200 | $120,000 | $226,200 |
| 2020 | $3,204 | $320,900 | $120,000 | $200,900 |
| 2019 | $3,086 | $299,900 | $120,000 | $179,900 |
| 2018 | $2,540 | $258,000 | $74,000 | $184,000 |
| 2017 | $2,502 | $241,600 | $74,000 | $167,600 |
| 2016 | $2,727 | $246,700 | $74,000 | $172,700 |
| 2014 | $2,561 | $221,100 | $74,000 | $147,100 |
| 2013 | $2,540 | $210,000 | $74,000 | $136,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/20/2026 03/20/26 | For Sale | $649,900 | -- | $142 / Sq Ft |
Source: Indiana Regional MLS
MLS Number: 202609327
APN: 02-02-20-300-002.000-057
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Ask me questions while you tour the home.