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8425 Lima Rd, Fort Wayne, IN, 46818

$450,000

Land

Location

Image provided by Mapbox

Property Highlights

Home TypeBusiness
MLS #202324797
Lot Size0.75 Acres
StatusActive

About 8425 Lima Rd

Check it out! Looking for Commercial property in the perfect location? Well your search is over. Situated along Lima Road with an average daily traffic count of 41,000+! This is according to City of Fort Wayne Traffic Engineer of May 2022. This plat of land is in-between Wallen Road and Cook Road, across from Pyromaniac Fireworks, Crazy Pins and in front of Bethel Ministries. Property has all city utilities in the area. Zoned C-1 with roughly 3/4 of an acre. Build your business with high visibility!

Property Details

Property Features

Listing Office:

  • Office Name: Coldwell Banker Real Estate Group
  • Office Phone: (260) 710-5005
  • Listing Agent: Michael Burt

Lot Features

Lot Information:

  • Lot Size: 0.75 Acres

Other

Directions Information:

  • Directions: Property sits in between Wallen and Cook Roads. On the West side of Lima Road across from Pyromaniac Fireworks.

Price Information

Listing Price Info

Price Summary:

  • List Price: $450,000

Tax Information:

  • Annual Amount: $14
  • Tax Year: 2017
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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

8425 Lima Rd vs Fort Wayne

506 DAYS ON ROCKET

+466 Days

$450,000

+$207.3K More

KEY TAKEAWAY

This property is $207.3K more than the Median Sold Price in Fort Wayne, IN.

Based on homes sold in November 2024

MLS Details

MLS Information:

  • MLS Number: #202324797

Listing Office:

  • Office Name: Coldwell Banker Real Estate Group
  • Office Phone: (260) 710-5005
  • Listing Agent: Michael Burt

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: 12/3/2024, 12:20:54 PM 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 - $15,200
2019 - $15,200
2017$14$15,200

History based on county public records data.

Payment Calculator

$2,313

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,416

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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-3477873
6
/10
  • Washington Center Elementary School

  • 1936 W Wallen Rd

  • 0.35 miles

  • Public District Grades PK-5

school-card-donut-3477874
5
/10
  • Lincoln Elementary School

  • 1001 E Cook Rd

  • 2.17 miles

  • Public District Grades KG-5

school-card-donut-3477875
6
/10
  • Hickory Center Elementary School

  • 3606 Baird Rd

  • 2.40 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $56,865. The most common annual income of people living in Fort Wayne, IN is between $35k-100k. Residents typically live in married, no kids family. Typical level of education for residents in this area is high school diploma.

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.

What are the common housing types 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 are the advantages of living 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.

Are essential services in Fort Wayne, IN convenient?

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.

How do Fort Wayne, IN residents get around?

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 8425 Lima Rd

What is the listing price of this property?

The listing price of 8425 Lima Rd property is $450,000.

What type of property is this?

The property 8425 Lima Rd is land located in Fort Wayne, Indiana, 46818.

Is this property for sale now?

Active Listing: 8425 Lima Rd 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 2017 is $14 (source: MLS/based on county public records data).
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Rocket HomesIndianaAllen CountyFort Wayne468188425 Lima Rd

This home is located at 8425 Lima Rd in Fort Wayne, IN and zip code 46818. It has been listed on Rocket Homes since July 16, 2023 and is currently priced at $450,000.

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 inventory of homes for sale in Fort Wayne, IN between October 2024 and November 2024 decreased by 1.1%. While the average time on the market in November 2024 was 40 days, the median list price was $242,666.

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

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