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$425,000 For Sale
8600 Decatur Rd.
Fort Wayne, IN 46816
28.4 acres | Residential Lots & Land - MLS# 201638891
Property Photo
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Description

28.397 acres located on highway 27 behind Villa Capri apartments. Approximately 19+/- acres wooded and 9+/- acres that is grass and brush land. Seller is willing to divide. 19+/- acres in the city, zoned R-3 multi-family and the 9+/- acres to the South zoned RS-1 suburban residential (potential building site). City water and sewer available. Great frontage on US 27 and access through Villa Capri apartments. The South 9+/- acres access via 25' ingress/egress easement off of 27 (this parcel could make an excellent building site). The North 19+/- acres has several sources of income including: the Villa Capri playground is located on the property and is paying $1, 000 per year, their are 3 sign billboards generating $2, 000 per year (seller is not charging for third, so more potential income), Seller also leases for hunting at $500 per year. An excellent property with many opportunities. See attached survey and aerial views.

Features

  • # Pasture Acres: 9.32
  • Property Type: Residential Lots & Land
  • Road Access: State
  • Road Frontage: State
  • Road Surface: Paved
  • Sale/Rent: For Sale
  • School District: East Allen County
  • Sewer Type: City
  • Sub Type: Residential Land
  • Township: Adams
  • Type Use: Residential
  • Water Utility: City
  • Zip Code: 46816
  • Parcel Description: Heavily Wooded, Irregular
  • Options: Will Divide
  • Middle School: Heritage
  • # Wooded Acres: 19.07
  • Acres: 28.3970
  • Approx. Lot Size Sqft: 1236973
  • Can Property Be Divided?: Yes
  • County/Area: Allen County
  • Easements: Yes
  • Electricity Type: Available
  • Elementary School: Heritage
  • Fuel Type: Available
  • High School: Heritage
  • Listing Status: Active
  • Location: City, Suburb
  • Zoning: R-3 Multi-Family Residential, Multi-Fami

Courtesy of:

© 2017 Indiana Regional Multiple Listing Service. Listing provided by Indiana Regional MLS. 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. Listing information last updated: 2017-05-29 20:26:09.

Schrader Real Estate & Auction of Fort Wayne, LLC
Fort Wayne, IN 46815
Phone: 260-749-0445
Fax: 260-749-0913
Email: Office@schraderfortwayne.com
Indiana License LC20700176

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