NOT LISTED FOR SALE

3250 Freeman St Fort Wayne, IN 46802

Interurban Acres Neighborhood

Estimated Value: $65,979

0.51 Acre
$129,371 Price per Acre
22,216 Sq Ft Lot

Last Sold June 28, 2024

Last sale price $65,000

Est. 2% increase in value since last sale

Current estimated payment $400/month

12 Days on Market

About This Lot

As of June 2024

Fantastic Investment/Business Opportunity in Central FW! Located in Shar Industrial Park: .51 vacant, gravel lot fully fenced-in. Large opening gate at front. 2 sheds (10x14 & 12x14) & 40' trailer included in sale. Water, sewer, & 100 amp service on site. Tons of potential uses - see attached I2 zoning ordinance. Ready to go for your business. Great Opportunity - Schedule Today!

Last Agent to Sell the Property

Andrew Morken

Morken Real Estate Services, Inc. Brokerage Phone: 260-303-7777 Listed on: 05/23/2024

Last Buyer's Agent

Andrew Morken

Morken Real Estate Services, Inc. Brokerage Phone: 260-303-7777 Listed on: 05/23/2024

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $488

Lot Details

  • 0.51 Acre Lot
  • Lot Dimensions are 87x255
  • Electric Fence
  • Finished Lot(s)
  • The community has rules related to zoning restrictions
  • Zoning described as I2

Parking

  • Gravel Driveway

Schools

  • Indian Village Elementary School
  • Kekionga Middle School
  • South Side High School

Listing and Financial Details

  • Assessor Parcel Number 02-12-16-176-003.000-074

Property Details

Property Type

Land

Est. Annual Taxes

$488

Lot Details

0

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Industrial Land
  • Legal Description: E.51A of SW3.09A of 15A SPC S7.723 CH of N 25.19 CH E 1/2 NW 1/4 SEC 16
  • Parcel Number ID: 02-12-16-176-003.000-074
  • Platted: Yes
  • Cross Street: Covington Road
  • Road Access: City
  • Road Surface: Asphalt
  • Sp Lp Percent: 76.47
  • Zoning Description: I2
  • Parcel Description: Level
  • Restrictions: Zoning Restrictions
  • Type of Sale: Traditional
  • Platted Development: Yes
  • Structure Bldg Imprvmnts: Yes
  • Type Use: Industrial
  • Year Taxes Payable: 2024
  • Special Features: None

Exterior Features

  • Fence: Electric
  • Road Frontage: City

Garage/Parking

  • Parking: Gravel

Utilities

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

Schools

  • School District: Fort Wayne Community
  • Elementary School: Indian Village
  • Middle School: Kekionga
  • High School: South Side
  • Elementary School: Indian Village

Lot Info

  • Lot Dimensions: 87x255
  • Estimated Lot Sq Ft: 22216
  • Estimated Lot Size Acres: 0.51

Tax Info

  • Annual Taxes: 488

MLS Schools

  • High School: South Side
  • Middle School: Kekionga
  • School District: Fort Wayne Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 21, 2025
Sold by
Arellano-Colazo Omar
Bought by
North Point Investments Llc
Current Estimated Value
$65,979

Purchase Details

Listed on
May 23, 2024
Closed on
Jun 25, 2024
Sold by
Cress Kimsey C
Bought by
Arellano Omar
Seller's Agent
Andrew Morken
Morken Real Estate Services, Inc.
Buyer's Agent
Andrew Morken
Morken Real Estate Services, Inc.
List Price
$85,000
Sold Price
$65,000
Premium/Discount to List
-$20,000
-23.53%
Views
10

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.47%

Purchase Details

Closed on
Apr 26, 2024
Sold by
Toscos Michael J
Bought by
Cress Kimsey C
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
North Point Investments Llc -- None Listed On Document
Arellano Omar $65,000 None Listed On Document
Cress Kimsey C $45,000 None Listed On Document
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2024 06/28/24 Sold $65,000 -23.5% --
06/04/2024 06/04/24 Pending -- -- --
05/23/2024 05/23/24 For Sale $85,000 -- --
Source: Indiana Regional MLS

Tax History Compared to Growth

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 $493 $18,000 $12,800 $5,200
2023 $488 $18,100 $12,800 $5,300
2022 $507 $18,200 $12,800 $5,400
2021 $520 $17,500 $12,800 $4,700
2020 $548 $17,700 $12,800 $4,900
2019 $567 $17,700 $12,800 $4,900
2018 $570 $17,700 $12,800 $4,900
2017 $564 $17,400 $12,800 $4,600
2016 $565 $17,600 $12,800 $4,800
2014 $539 $17,500 $12,800 $4,700
2013 $538 $17,500 $12,800 $4,700
Source: Public Records

Agents Affiliated with this Home

  • Andrew Morken

    Seller's Agent in 2024

    Andrew Morken

    Morken Real Estate Services, Inc.

    (260) 303-7777

    1 in this area

    70 Total Sales

    Andrew Morken
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Map

Source: Indiana Regional MLS

MLS Number: 202418492

Indiana Regional MLS

APN: 02-12-16-176-003.000-074

Indiana Allen County Fort Wayne 46802 Interurban Acres

3250 Freeman St, Fort Wayne, IN

This home is located at 3250 Freeman St, Fort Wayne, IN 46802 since 23 May 2024 and is currently estimated at $65,979. 3250 Freeman St is a home located in Allen County with nearby schools including Lindley Elementary School, Portage Middle School, and Wayne High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS 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.

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