4321 Norarrow Dr Fort Wayne, IN 46845
Estimated payment $4,224/month
About This Home
Prime Commercial Development Opportunity – 3.71 to 10.71 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. The property can be sold together with 4121 Norarrow Dr. and 4421 Norarrow Dr., combining for a total of 10.71 acres. Total price is $2,206,000.00 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.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,812
Lot Details
- 3.71 Acre Lot
- Lot Dimensions are 560' x 337' x 396' x 381'
Parking
- Garage
- 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 02-02-36-100-005.000-057
Map
Home Values in the Area
Average Home Value in this Area
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 | $2,812 | $349,400 | $69,400 | $280,000 |
| 2023 | $2,775 | $336,800 | $69,400 | $267,400 |
| 2022 | $2,335 | $282,600 | $69,400 | $213,200 |
| 2021 | $2,216 | $253,000 | $69,400 | $183,600 |
| 2020 | $2,116 | $231,800 | $69,400 | $162,400 |
| 2019 | $2,246 | $237,300 | $69,400 | $167,900 |
| 2018 | $2,142 | $223,400 | $62,400 | $161,000 |
| 2017 | $2,131 | $211,900 | $62,400 | $149,500 |
| 2016 | $2,105 | $204,700 | $62,400 | $142,300 |
| 2014 | $2,161 | $197,200 | $62,400 | $134,800 |
| 2013 | $2,240 | $191,700 | $62,400 | $129,300 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/20/2025 08/20/25 | For Sale | $749,000 | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $225,000 | Unknown |
Source: Indiana Regional MLS
MLS Number: 202533404
APN: 02-02-36-100-005.000-057
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