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    3723 Torrey Pne Pkwy Fort Wayne, IN 46814

    For Sale
    $245,000

    Residential Land - Fort Wayne, IN

    Lot size:
    0.50 Acres
    Days on Market:
    194
    Last Refresh:
    Dec 8 at 11:06 am

    Property Features for 3723 Torrey Pne Pkwy

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    02-11-18-302-012.000-038
    Exterior features
    Storm Sewers, Street Lights, Underground Service, Sidewalks
    Lot size
    0.50 Acres

    Taxes and HOA fees

    Expense value
    2500
    Expense
    Home Owner Assessments Fee
    Expense freq.
    Annually

    Building Details

    Architectural style
    Other

    Mike Thomas Associates, Inc (260) 489-2000 [email protected]

    Listing agent Richard Watson (260) 489-2000 License #RB14011341

    Listing date May 29, 2025

    MLS# 202520105 Listing URL

    Copyright © 2025 Upstate Alliance of REALTORS® Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Residential Land in Gated Community

    This residential land is situated within Heron Preserve, Allen County's only gated community, surrounded by numerous million-dollar-plus homes. The 0.5-acre lot is wooded and offers a tranquil environment with the convenience of public water and sewer services. Located in Fort Wayne, Indiana, the property benefits from the Southwest Allen County (SWAC) school system. The community's covenants and restrictions specify minimum square footage requirements for homes: 2,100 square feet for a ranch-style home and 2,700 square feet for a 1.5 or 2-story home. Additional requirements include a 3-car side or courtyard garage and an irrigation system.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Dental Office Auto Repair Shop Clothing Store Auto Parts Store Department Store Bar & Pub Daycare Center Computer & Electronic Repair Tech Support Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fort Wayne
    County
    Allen
    State
    Indiana
    Longitude
    -85.335338
    Latitude
    41.049079

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    FAQs

    What type of property is this?
    Land - Residential land in a gated community with public utilities.
    Where is this land located?
    The property is located at 3723 Torrey Pne Pkwy Fort Wayne, IN.
    What is the asking price?
    The asking price for this property is $245,000.
    What are key features of this property?
    This property features: - Gated community (Heron Preserve) offering enhanced security and privacy.; - Located among million-dollar-plus homes, suggesting a desirable and upscale neighborhood.; - Public water and sewer access for convenience and reliability.
    (260) 489-2000
    Request Owner's contact information
    3723 Torrey Pne Pkwy Fort Wayne, IN 46814
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3723 Torrey Pne Pkwy Fort Wayne, IN 46814
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