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Schrader Real Estate and Auction Company, Inc
Schrader Real Estate and Auction Company, Inc
Available

Income Producing w/Hunting!

8600 Decatur Rd, Fort Wayne, Indiana 46816 - Allen County
$425,000 28.40 Acres
Property ID 3466676

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

Tax Data (Show Tax Data)

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Schrader Real Estate and Auction Company, Inc

Schrader Real Estate and Auction Company, Inc

PO Box 508
Columbia City, IN 46725

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    NOTE: The information contained herein is provided as general information only and has been obtained from sources deemed reliable. It is provided without any guaranty, warranty or representation, expressed or implied, made by Lands of America, or any related entity, as to the accuracy or completeness of the information. The information is presented subject to errors, omissions, change of price or conditions, prior sale or withdrawal without notice. Prospective purchasers should make their own investigations, projections and conclusions concerning the information.