14034 Lima Rd

4,585 Sq. Ft.
$142 / Sq. Ft.
4,585
Sq. Ft.
$142
per Sq. Ft.

Description

Prime investment or commercial opportunity in the highly sought-after NWAC school district on 5 acres. This unique property features a 3-plex and mobile home that can generate approximately $5,000–$6,000+/month in rental income, plus additional revenue potential from multiple indoor and outdoor storage options for boats, trailers, RVs, etc ($70–$200/month per recreational unit). Ideally located on busy transportation route Hwy 3 with high visibility, just 12 minutes from I-69 for easy access south...Prime investment or commercial opportunity in the highly sought-after NWAC school district on 5 acres. This unique property features a 3-plex and mobile home that can generate approximately $5,000–$6,000+/month in rental income, plus additional revenue potential from multiple indoor and outdoor storage options for boats, trailers, RVs, etc ($70–$200/month per recreational unit). Ideally located on busy transportation route Hwy 3 with high visibility, just 12 minutes from I-69 for easy access south to Fort Wayne or north to the lakes. The property includes a 2,800 sq ft bank barn, 836 sq ft pavilion, scenic pond, and picturesque wooded views with piers and decks. Surrounded by major Northwest Allen development, offering excellent commercial exposure and strong future growth potential.
  1. Listed by Andrea Zehr • RE/MAX Results • Cell: 260-494-2852

Property Details for 14034 Lima Road

Style
Two Story
Subdivision
None
Waterfront
Yes
Water Features
Pier/Dock
Pet Restrictions
No
LISTING UPDATED: 03/20/2026 08:55 PM

Property Details for 14034 Lima Road

StatusActive
MLS #202609327
Days on Market1
Taxes$3,800 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / Fourplex
Year Built1898
Lot Size5.00 AC / 217,800 SF
CountyAllen County

Location

Listing Courtesy of RE/MAX Results
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Building Information for 14034 Lima Road

Stories2Residences4Year Built1898Building Size-Lot Size5.00 AC / 217,800 SF

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Principal and Interest

$3,154

Property Taxes

$317

HOA Dues

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Property Information for 14034 Lima Road

Summary
Location and General Information
  • Area: Allen County
  • City: Fort Wayne
  • Zip + 4: 8900
  • Zip Code: 46818
  • State: IN
  • Township: Perry
  • Geo Latitude: 41
  • Geo Longitude: -85
  • Fips Code: 18003
  • Directions To Property: From I-69 Lima Rd north exit, head north on Hwy 3/Lima Rd, property on right shortly before church & starbucks stoplight
Taxes and HOA
  • Assoc Dues Frequency: Not Applicable
  • Year Taxes Payable: 2025
  • Parcel Number Id: 02-02-20-300-002.000-057
School Information
  • School District: Northwest Allen County
  • Elementary: Aspen Meadows
  • Middle School: Maple Creek
  • High School: Carroll
Parking
  • Number Of Parking Spaces: 15
  • Parking: Garage, Gravel, Paved
Property
Lot Information
  • Class: INVESTMENT
  • Property Subtype: Fourplex
  • Approx Lot Size Acres: 5.0
  • Lot Dimensions: 400x470x485x300x115x163
  • Below Grade Unfin Sqft: 1547.0
  • Total Square Feet: 6132.0
  • Approx Lot Size Sqft: 217800.0
  • Above Grade Finished Sqft: 4585.0
  • Below Grade Finished Sqft: 0.0
  • Total Below Grade Sqft: 1547.0
  • Total Finished Sqft: 4585.0
  • Above Grade Unfin Sqft: 0.0
  • Lot Description: Level
  • Outbuilding Length: 70.0
  • Outbuilding Sqft: 2800
  • Outbuilding Width: 40.0
Property and Assessments
  • New Construction: No
  • Year Built: 1898
  • Age: 128
  • Documents Available: Survey
  • Planned Unit Development: No
Utilities
  • Sewer: Septic
  • Water Utility: Well
  • Water Type: Pond
  • Well Type: Private
Interior and Exterior Features
Exterior Features
  • Amenities: Ceiling Fan, Off Street Parking, Near Walking Trail, Storage, Attic Storage, Deck Open, Deck on Waterfront, Garage Door Opener, Water Softener-Owned
  • Driveway: Gravel
  • Exterior: Metal, Other, Wood
  • Outbuilding: Barn
  • Platted: Yes
  • Pool: No
Interior Features
  • Number of Electric Meters: 2
  • Number of Gas Meters: 2
  • Number of Dishwashers: 2
  • Number of Disposals: 0
  • Number of Dryers: 3
  • Number of Microwaves: 3
  • Number of Ranges/Ovens: 4
  • Number of Refrigerators: 4
  • Number of W/D Hookups: 3
  • Number of Washers: 3
  • Number Water Meters: 0
  • Basement: Yes
  • Basement/Foundation: Unfinished
  • Cooling: Central Air
  • Flooring: Carpet, Ceramic Tile, Laminate, Vinyl, Wood
  • Heating/Fuel: Gas, Forced Air
  • Stories: 2
  • Number of Above Grade Bedrooms: 9
  • Number of Below Grade Baths: 0
  • Number of Below Grade Bedrooms: 0
  • Total Number of Bedrooms: 9
  • Total Number of Full Baths: 5
  • Total Number of Half Baths: 1
  • Total Baths: 6
  • Number Total Rooms Below Grade: 0
  • Num Of 1 Bedrooms: 0
  • Num Of 2 Bedrooms: 3
  • Num Of 3 Bedrooms: 1
  • Num Of 4 Bedrooms: 0
Multi Family
Multi-Family Information
  • Num of Efficiencies: 1
  • Num of Units Rented: 2
  • Number of Units: 4
Income & Expenses Information
  • Annual Electric Expense: $4,800.00
  • Annual Fuel Expense: $4,560.00
  • Annual Gross Rent $: $60,000
  • Annual Insurance Expense: $3,400
  • Annual Maint. Expense: $0
  • Annual Misc: $0
  • Annual Net Income: $42,640
  • Annual Property Tax: $3,800
  • Annual Trash Expense: $800
  • Annual Water/Sewer Exp: $0
  • Gross Monthly Income: $5,000
  • Gross Monthly Rent: $5,000
Unit Information
Unit 1
  • Unit 1 SqFt: 1600
  • Unit 1-Num of Bathrooms: 2
  • Unit 1-Num of Bedrooms: 2
  • Unit 1-Num of Rooms: 5
  • Unit 1-Basement: Yes
  • Unit 1-Garage Type: Attached
  • Unit 1-Garage: Yes
  • Unit 1-Garage/Num of Cars: 2
  • Unit 1-Laundry Room: Other
  • Unit 1-Level: Main
  • Unit 1-Unit Number: 1
Unit 2
  • Unit 2 SqFt: 1107
  • Unit 2-Num of Bathrooms: 1
  • Unit 2-Num of Bedrooms: 2
  • Unit 2-Num of Rooms: 4
  • Unit 2-Basement: No
  • Unit 2-Garage Type: Attached
  • Unit 2-Garage: Yes
  • Unit 2-Laundry Room: Kitchen
  • Unit 2-Level: Upper
  • Unit 2-Unit Number: 2
Unit 3
  • Unit 3 SqFt: 744
  • Unit 3-Num of Bathrooms: 1
  • Unit 3-Num of Bedrooms: 2
  • Unit 3-Num of Rooms: 4
  • Unit 3-Basement: No
  • Unit 3-Garage Type: Attached
  • Unit 3-Garage: Yes
  • Unit 3-Laundry Room: None
  • Unit 3-Level: Upper
  • Unit 3-Unit Number: 3
Unit 4
  • Unit 4 SqFt: 1134
  • Unit 4-Num of Bedrooms: 3
  • Unit 4-Num of Rooms: 6
  • Unit 4-Basement: No
  • Unit 4-Garage: No
  • Unit 4-Laundry Room: Closet
  • Unit 4-Level: Main
  • Unit 4-Unit Number: 4
Rental
Rental Information
  • Lease Term: None
  • Owner Pays: Building Insurance, Cooling, Electric, Fuel, Heating, Tax, Trash Collection
  • Tenant Pays: Other

Property History for 14034 Lima Road

DateEvent & SourcePriceAppreciation
Mar 20, 2026

Listed (Active)

Indiana Regional MLS #202609327

$649,900
Oct 30, 2023

Withdrawn

Indiana Regional MLS #202236997

Sep 5, 2022

Price Change

Indiana Regional MLS #202236997

$750,000
Sep 5, 2022

Price Change

Indiana Regional MLS #202236997

$699,900
Sep 5, 2022

Price Change

Indiana Regional MLS #202236997

$674,900
Sep 5, 2022

Listed (Active)

Indiana Regional MLS #202236997

$649,900
DateEvent & SourcePrice
03/20/2026

Listed (Active)

Indiana Regional MLS #202609327

$649,900
10/30/2023

Withdrawn

Indiana Regional MLS #202236997

09/05/2022

Price Change

Indiana Regional MLS #202236997

$750,000
09/05/2022

Price Change

Indiana Regional MLS #202236997

$699,900
09/05/2022

Price Change

Indiana Regional MLS #202236997

$674,900
09/05/2022

Listed (Active)

Indiana Regional MLS #202236997

$649,900

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 14034 Lima Road

Taxable ValueLand$120,000Additions$331,700Total$451,700
Tax Record2024$3,615 ($301 / month)
Home Facts
Beds3Baths3.5Total Finished SqFt3,398 SqFtAbove Grade Finished SqFt3,398 SqFtStories3Lot Size217,800 SqFtStyleSingle Family ResidenceYear Built1935CountyALLENAPN02-02-20-300-002.000-057Fireplace TypeHas Fireplace

Schools near 14034 Lima Road

This home is within Northwest Allen County Schools.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Huntertown Elementary School
PublicK to 5

Carroll Middle School
Public6 to 8

Carroll High School
Public9 to 12

Aspen Meadow Elementary School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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14034 Lima Road is a multi-family home for sale in Fort Wayne, IN 46845. This property was listed for sale on March 20, 2026 by RE/MAX Results, it's currently listed at $649,900. This listing's school district is Northwest Allen County Schools. Nearby schools include Huntertown Elementary School, Carroll Middle School and Carroll High School. 14034 Lima Road is a 9-bed, 6-bath, 4,585 sqft multi-family home built in 1898.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of RE/MAX Results

Based on information from one of the following Multiple Listing Services: MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.