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Waterfront Residential Building Lot
For Sale
$149,900

12325 Cassena Road lot 57, Fort Wayne, IN 46814

LAND - Fort Wayne, IN

Property SizeContact for details
Lot Size0.37 Acres
Days on Market85

Property Features for 12325 Cassena Road lot 57

General Information

Property type Land
Property subtype Other
Subdivision Mercato
Lot features Corner, Level, City
Elementary school Covington
Middle school Woodside
High school Homestead
Elementary school district MSD of Southwest Allen Cnty
Middle school district MSD of Southwest Allen Cnty
High school district MSD of Southwest Allen Cnty
Directions From I-69 South, take Exit 305B and turn right onto Illinois Road. Turn left onto W. Hamilton Road S. Turn left onto Tula Trail (in Mercato). Turn left onto Cassena Road. The property is on the right.
Standard status Active
APN 02-11-08-427-033.000-038
Lot size 0.37 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description MERCATO SEC II LOT 57
Tax Annual Amount 1553
Legal Description MERCATO SEC II LOT 57
Listing Agency: Mike Thomas Assoc., Inc
Listed By: Joao Fiche · License #RB23002290
Added: Jun 3 Changed: Jul 28 Last Checked: Aug 26 at 10:06AM
MLS# 202621355

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This waterfront residential building lot offers pond views in a planned community setting. Covenants and restrictions apply, including minimum home sizes of 2,000 sq. ft. for ranch homes and 2,400 sq. ft. for two-story homes. Architectural approval is required, and attached front-load or side-load garages are required.

Utilities are available, including public water, sewer, natural gas, and electric. The property is located in Southwest Fort Wayne, with convenient access mentioned to Lutheran Hospital, shopping, dining, walking trails, and I-69.

Prospective buyers should verify utility connections, building requirements, schools, taxes, and HOA information prior to purchase.

Key Highlights

  • Lot 57 in Mercato Section II with pond views
  • Public water, sewer, natural gas, and electric available at the lot
  • Located in the Southwest Allen County School District

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Dental Office Auto Repair Shop Auto Parts Store (Bike/Boat/Book/etc) Store Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

22
Businesses Nearby

Demographics for 46814, IN

16,377
Population
5,848
Households
2.8
Avg Household Size
38
Median Age
62%
College-Educated
97%
High-School Grad
19.1 sq mi
ZIP Area
857
Density / Sq Mi
$143,245
Median Household Income
$71,662
Median Earnings
$1,249
Median Rent
$383,000
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Residential waterfront lot with public water, sewer, natural gas, and electric available for a custom home.
Where is this residential land & home lot located?
The property is located at 12325 Cassena Road lot 57 Fort Wayne, IN.
What is the asking price?
The asking price for this property is $149,900.
What are key features of this property?
This property features: Lot 57 in Mercato Section II with pond views; Public water, sewer, natural gas, and electric available at the lot; Located in the Southwest Allen County School District
More about this property
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