Prime Commercial Development Opportunity – 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. 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. This property will be sold together with 4321 Norarrow Dr and 4421 Norarrow Dr. Total acrerage is 10.71 acres. Total price is $2,350,000.00
Property Details
Property Features
Listing Office:
Office Name: Impact Realty LLC
Listing Agent: John Garcia
Lot Features
Lot Information:
Lot Size: 4.00 Acres
Other
Directions Information:
Directions: From I-69 at Dupont Rd travel east on Dupont Rd. Turn left on Diebold Rd. Follow Diebold to Norarrow Dr on your right. Turn right onto Norarrow Dr. The properties are ahead on your left.
Price Information
Listing Price Info
Price Summary:
List Price: $869,500
Tax Information:
Annual Amount: $324
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Fort Wayne, IN.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$4,407
Per Month
Principal & Interest
$4,340
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$2,673
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
10
/10
Cederville Elementary School
12225 Hardisty Rd
Distance between this listing and this school2.21 miles
Public District Grades KG-3
7
/10
Oak View Elementary School
13123 Coldwater Rd
Distance between this listing and this school2.45 miles
Public District Grades KG-5
6
/10
Perry Hill Elementary School
13121 Coldwater Rd
Distance between this listing and this school2.53 miles
Public District Grades KG-5
Nearby Schools
7
/10
Maple Creek Middle School
425 Union Chapel Rd
Distance between this listing and this school2.53 miles
Public District Grades 6-8
4
/10
Shawnee Middle School
1000 E Cook Rd
Distance between this listing and this school3.67 miles
Public District Grades 6-8
5
/10
Northwood Middle School
1201 E Washington Center Rd
Distance between this listing and this school4.40 miles
Public District Grades 6-8
Nearby Schools
4
/10
Northrop High School
7001 Coldwater Rd
Distance between this listing and this school4.05 miles
Public District Grades 9-12
7
/10
Leo Jr/Sr High School
14600 Amstutz Rd
Distance between this listing and this school4.30 miles
Public District Grades 7-12
9
/10
Carroll High School
3701 Carroll Rd
Distance between this listing and this school5.23 miles
The neighbors living near this home have an average income of $87,798. The majority of Fort Wayne, IN residents have income between $35k-100k annually. The most common type of family is married, with kids. The most common level of education of people living in this area is post secondary degree.
All data provided by Home Junction and Claritas
Living In Fort Wayne, IN
Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.
Types of housing in Fort Wayne, IN.
Fort Wayne's housing market showcases a diverse array of options, with single-family homes being the most prevalent, making up a significant portion of the housing stock. Architectural styles in the area range from historic homes with traditional Midwestern charm to more contemporary designs. The market also includes a mix of apartments and townhouses, accommodating various preferences and lifestyles. The homeownership rate in Fort Wayne is robust, reflecting a community with a strong sense of property ownership.
What is it like to live in Fort Wayne, IN?
Fort Wayne is celebrated for its family-friendly atmosphere and strong sense of community. The city prides itself on its rich history and cultural offerings, including museums, theaters, and an array of festivals that highlight the local heritage and arts scene. The community's character is further defined by its numerous parks and recreational areas, providing residents with ample green space for leisure and activities.
Is it easy to get around Fort Wayne, IN without a car?
The community is served by a comprehensive array of services, including a network of public schools that cater to students from kindergarten through high school, as well as private educational options. Healthcare facilities in Fort Wayne are equipped to provide a range of services, from routine care to specialized treatments. The city also boasts a selection of retail and dining establishments that reflect the local culture, and ongoing initiatives aim to continually improve and adapt these services to meet the needs of a growing and diverse population.
Transportation in Fort Wayne, IN.
Fort Wayne's transportation infrastructure includes a variety of options for residents. The city's road network facilitates easy commuting and travel, with access to major highways. Public transit services are available, offering routes that connect key areas of the city. The community also features areas with higher walkability, particularly in the downtown region, and there are initiatives to improve bike paths and pedestrian routes throughout the city. Ride-sharing services are operational, providing an alternative mode of transportation for residents and visitors.
Frequently Asked Questions About 4121 Norarrow Dr
What is the listing price of this property?
The listing price of 4121 Norarrow Dr property is $869,500.
What type of property is this?
The property 4121 Norarrow Dr is land located in Fort Wayne, Indiana, 46845.
Is this property for sale now?
Active Listing: 4121 Norarrow Dr is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $324 (source: MLS/based on county public records data).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 4121 Norarrow Dr in Fort Wayne, IN and zip code 46845. It has been listed on Rocket Homes since July 30, 2024 and is currently priced at $869,500.
Over 66 listings were sold over their listed price in November 2024 in Fort Wayne, IN. In the same period over 162 listings were sold below the listed price and 94 listings were sold for the listed price. The number of listings in Fort Wayne, IN decreased by 1.1% between October 2024 and November 2024. In November 2024, listings were on the market for 40 days. During the same period, the median list price in this real estate market was $242,666.
From Rocket Homes Real Estate and based on county public records data.