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    Property profile & analytics

    3949 Ice Way Fort Wayne, IN 46805-1020

    • Hotels
    • 51,820 SF
    • 2.27 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Mar 30, 2023
    Location Intelligence
    Property ID
    US31-0903009
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • TownePlace Suites Fort Wayne North / Hotel / Extended Stay Hotel
    • Town Place Suites / Indoor Lodging

    Property Details for 3949 Ice Way

    Year built
    2009
    Construction
    WOOD
    Lot size
    2.27 lot acres
    Property size
    51,820 SF
    Property type
    Hotels
    Property subtype
    Motels
    APN
    02-07-26-177-004.001-073
    APU
    20726177004001073

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Fort Wayne
    County
    Allen
    State
    Indiana
    Longitude
    -85.1474
    Latitude
    41.1134
    CBSA code
    23060
    CBSA name
    FORT WAYNE, IN METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $97,597
    $340,400
    $3,360,400
    $3,700,800
    -
    $340,400
    $3,360,400
    $3,700,800

    Comparable in this City

    • Value Estimation by Request
      1,716 SF

      1601 Hobson Rd

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      1601 Hobson Rd, Fort Wayne, IN 46805-4804
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    • Value Estimation
      $295,000
      8,208 SF

      1020 Coliseum Blvd

      HOTEL/MOTEL • 8,208 SF
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    • Value Estimation by Request
      1,008 SF

      3201 Leroy Ave

      HOTEL/MOTEL • 1,008 SF
      3201 Leroy Ave, Fort Wayne, IN 46805-2335
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    • Value Estimation by Request
      1,764 SF

      2939 Young Dr

      HOTEL/MOTEL • 1,764 SF
      2939 Young Dr, Fort Wayne, IN 46805
      View Details
    • Value Estimation
      $335,000
      15,921 SF

      522 Coliseum Blvd

      HOTEL/MOTEL • 15,921 SF
      522 Coliseum Blvd, Fort Wayne, IN 46805-1216
      View Details
    • Value Estimation by Request
      3,600 SF

      2202 Senior Dr

      HOTEL/MOTEL • 3,600 SF
      2202 Senior Dr, Fort Wayne, IN 46805-4825
      View Details

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    Similar Nearby for Lease

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      Executive Suites, Fort Wayne

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    • Contact for pricing
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      Glenbrook Commons Retail Space

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      Industrial Space For Rent

      Industrial property available for rent with high visibility.
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    3949 Ice Way
    Fort Wayne, IN 46805-1020
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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
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