$599,900

4121 Norarrow Dr Fort Wayne, IN 46845

Estimated payment $3,180/month

Total Views 26,299
4 Acres
$149,975 Price per Acre
174,240 Sq Ft Lot

About This Lot

Prime Commercial Development Opportunity – 4 Acres Near Parkview Regional Hospital. Seize this rare opportunity to develop a prime commercial property located in a high-growth area between Union Chapel and Dupont Roads on Norarrow Drive. Directly across from the renowned Parkview Regional Hospital and its expansive medical complex, this property offers unparalleled convenience and visibility. Positioned just moments away from I-69’s on and off ramps at both Union Chapel and Dupont Roads, this location provides easy access to major thoroughfares, making it ideal for commercial or multi-family development. The area is experiencing a surge in commercial and medical expansions, making this property a strategic investment for any development project. With all utilities readily available and excellent drainage on-site, the groundwork is in place for a smooth development process. Don’t miss your chance to be part of this rapidly growing commercial hub. Contact us today to explore the potential of this prime development property.

Listing Agent

John Garcia

Impact Realty LLC Brokerage Phone: 260-466-9200 Listed on: 08/20/2025

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $292

Lot Details

  • 4 Acre Lot
  • Lot Dimensions are 561' x 301'
  • Finished Lot(s)

Parking

  • Driveway
  • Off-Street Parking

Location

  • Suburban Location

Schools

  • Perry Hill Elementary School
  • Maple Creek Middle School
  • Carroll High School

Utilities

  • Heating System Uses Gas
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 02-02-36-100-004.000-057

Property Details

Property Type

Land

Est. Annual Taxes

$292

Lot Details

0

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Commercial Land
  • Legal Description: E309.12 Of W888 Of N563.65Ft Nw1/4 Sec 36
  • Parcel Number ID: 02-02-36-100-004.000-057
  • Platted: Yes
  • Location: Suburb
  • Road Access: City
  • Road Surface: Asphalt
  • Parcel Description: Level, 3-5.9999
  • Type Use: Commercial, Multi-Family, Residential
  • Special Features: None

Exterior Features

  • Road Frontage: City

Garage/Parking

  • Parking: Off Street

Utilities

  • Water Utilities: City, Well
  • Electric Company: AEP/I&M
  • Gas Company: NIPSCO
  • Water Company: Fort Wayne City Utilities
  • Fuel Type: Gas
  • Sewer Type: City, Septic

Schools

  • Elementary School: Perry Hill

Lot Info

  • Lot Dimensions: 561' x 301'
  • Estimated Lot Sq Ft: 174240
  • Estimated Lot Size Acres: 4

Tax Info

  • Annual Taxes: 291.64

MLS Schools

  • High School: Carroll
  • Middle School: Maple Creek
  • School District: Northwest Allen County

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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

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 $292 $75,800 $72,000 $3,800
2022 $230 $93,700 $72,000 $21,700
2021 $242 $90,700 $72,000 $18,700
2020 $290 $88,700 $72,000 $16,700
2019 $324 $88,000 $72,000 $16,000
2018 $549 $80,400 $65,000 $15,400
2017 $543 $78,900 $65,000 $13,900
2016 $558 $78,700 $65,000 $13,700
2014 $623 $79,400 $65,000 $14,400
2013 $669 $78,900 $65,000 $13,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/20/2025 08/20/25 For Sale $599,900 -- --
Source: Indiana Regional MLS

Source: Indiana Regional MLS

MLS Number: 202533403

Indiana Regional MLS

APN: 02-02-36-100-004.000-057