4 months on rocket

4321 Norarrow Dr, Fort Wayne, IN, 46845

$822,500

Land

Location

Image provided by Mapbox

Property Highlights

Home TypeBusiness
MLS #202428389
Lot Size3.71 Acres
StatusActive

About 4321 Norarrow Dr

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. 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 $2,350,000.00 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.

Property Details

Property Features

Listing Office:

  • Office Name: Impact Realty LLC
  • Listing Agent: John Garcia

Lot Features

Lot Information:

  • Lot Size: 3.71 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: $822,500

Tax Information:

  • Annual Amount: $2,246
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Fort Wayne, IN.

Med. Sold Price

$242.6K

Med. Price/SqFt

$141

Avg. Days On Market

40

# of Sold Homes

336

4321 Norarrow Dr vs Fort Wayne

146 DAYS ON ROCKET

+106 Days

$822,500

+$579.8K More

KEY TAKEAWAY

This property is $579.8K more than the Median Sold Price in Fort Wayne, IN.

Based on homes sold in November 2024

MLS Details

MLS Information:

  • MLS Number: #202428389

Listing Office:

  • Office Name: Impact Realty LLC
  • Listing Agent: John Garcia

IDX The data on this website relating to real estate for sale comes in part from the Internet Data Exchange (IDX) program of the Indiana Regional MLS (IRMLS). IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. ©2011-2024 Indiana Regional MLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/23/2024, 11:20:57 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$2,246$231,800
2019$2,105$237,300
2017$2,131$211,900

History based on county public records data.

Payment Calculator

$4,173

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,532

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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.

Nearby Schools

school-card-donut-1191578
10
/10
  • Cederville Elementary School

  • 12225 Hardisty Rd

  • 2.16 miles

  • Public District Grades KG-3

school-card-donut-1191579
7
/10
  • Oak View Elementary School

  • 13123 Coldwater Rd

  • 2.50 miles

  • Public District Grades KG-5

school-card-donut-1191580
6
/10
  • Perry Hill Elementary School

  • 13121 Coldwater Rd

  • 2.58 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

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. Typical family type is married, with kids. The majority of residents in this area have post secondary degree education.

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 4321 Norarrow Dr

What is the listing price of this property?

The listing price of 4321 Norarrow Dr property is $822,500.

What type of property is this?

The property 4321 Norarrow Dr is land located in Fort Wayne, Indiana, 46845.

Is this property for sale now?

Active Listing: 4321 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 $2,246 (source: MLS/based on county public records data).
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Rocket HomesIndianaAllen CountyFort Wayne468454321 Norarrow Dr

This home is located at 4321 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 $822,500.

In November 2024 more than 66 listings in Fort Wayne, IN were sold above the asking price. During the same period more than 94 listings were sold at asking price, while more than 162 were sold below. Between October 2024 and November 2024, Fort Wayne, IN real estate market has seen decrease in the number of listings by 1.1%. The median list price of listings available in November 2024 was $242,666, while the average time on the real estate market was 40 days.

From Rocket Homes Real Estate and based on county public records data.

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