Rarely does a property of this caliber become available in Southwest Allen County. Spanning 4.8 acres across two parcels with significant frontage along Illinois Road (State Road 14), this unique offering presents an incredible blend of natural beauty, privacy, and long-term potential. The land is level and includes serene pond frontage, creating a peaceful backdrop that’s ideal for private estate living, hobby farming, or future redevelopment. In an area where parcels of this size and visibility are nearly impossible to find, this site stands out — especially with over 14,000 vehicles passing daily, offering unmatched exposure along one of Fort Wayne’s fastest-growing corridors. An existing 3-bedroom, 2-bath ranch-style home with a full walk-out basement provides immediate rental income or a comfortable residence while you plan the property’s next chapter. Inside, the home features a formal dining room, a spacious living room with a large bay window, and a cozy family room anchored by a floor-to-ceiling brick fireplace. A sunroom wrapped in windows offers sweeping views of the private pond and wooded surroundings, creating a peaceful retreat just steps from the main living areas. The walk-out basement provides flexible space for recreation, additional bedrooms, a home gym, or playroom. A 24x24 detached outbuilding adds to the property’s versatility, perfect for storage, hobbies, or a workshop. Located within the highly desirable Southwest Allen County Schools district, this property is a rare find offering both immediate usability and future upside in a premier location.
Active
Price cut: $75K (11/17)
$549,900
14802 Illinois Rd, Fort Wayne, IN 46814
3beds
3,200sqft
Est.:
Single Family Residence
Built in 1976
4.8 Acres Lot
$534,700 Zestimate®
$--/sqft
$-- HOA
What's special
Floor-to-ceiling brick fireplaceWalk-out basementPeaceful backdropAdditional bedroomsCozy family roomSunroom wrapped in windowsFormal dining room
- 131 days |
- 2,189 |
- 85 |
Zillow last checked: 8 hours ago
Listing updated: November 17, 2025 at 07:25am
Listed by:
Heather Regan Off:260-207-4648,
Regan & Ferguson Group,
Leslie Ferguson,
Regan & Ferguson Group
Source: IRMLS,MLS#: 202534786
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bedrooms: 3
Bedroom 1
- Level: Main
Bedroom 2
- Level: Main
Dining room
- Level: Main
- Area: 120
- Dimensions: 12 x 10
Family room
- Level: Main
- Area: 308
- Dimensions: 22 x 14
Kitchen
- Level: Main
- Area: 156
- Dimensions: 13 x 12
Living room
- Level: Main
- Area: 247
- Dimensions: 19 x 13
Office
- Level: Lower
- Area: 286
- Dimensions: 26 x 11
Heating
- Natural Gas, Forced Air
Cooling
- Central Air
Appliances
- Included: Disposal, Range/Oven Hk Up Gas/Elec, Dishwasher, Microwave, Refrigerator, Washer, Gas Cooktop, Dryer-Electric, Oven-Built-In, Gas Water Heater
- Laundry: Electric Dryer Hookup, Washer Hookup
Features
- Bookcases, Laminate Counters, Entrance Foyer, Main Level Bedroom Suite, Formal Dining Room, Great Room
- Flooring: Vinyl
- Basement: Walk-Out Access,Concrete,Sump Pump
- Attic: Storage
- Number of fireplaces: 1
- Fireplace features: Family Room
Interior area
- Total structure area: 3,408
- Total interior livable area: 3,200 sqft
- Finished area above ground: 1,704
- Finished area below ground: 1,496
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Attached, Garage Door Opener, Concrete
- Attached garage spaces: 2
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: Porch Covered, Porch Florida
- Fencing: None
- Has view: Yes
- On waterfront: Yes
- Waterfront features: Waterfront, Deck on Waterfront, Pond
Lot
- Size: 4.8 Acres
- Dimensions: 348x1104x358
- Features: Level, Few Trees, City/Town/Suburb, Near Walking Trail, Landscaped
Details
- Additional structures: Second Garage
- Parcel number: 021106400007.000038
- Other equipment: Sump Pump+Battery Backup
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Walkout Ranch
- Property subtype: Single Family Residence
Materials
- Brick, Vinyl Siding
- Roof: Shingle
Condition
- New construction: No
- Year built: 1976
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: None
Location
- Region: Fort Wayne
Financial & listing details
- Tax assessed value: $373,500
- Annual tax amount: $6,695
- Date on market: 8/29/2025
- Listing terms: Cash,Conventional
Estimated market value
$534,700
$508,000 - $561,000
$2,036/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 11/17/2025 | Price change | $549,900-12% |
Source:  IRMLS #202534786 Report a problem | ||
| 8/29/2025 | Listed for sale | $624,900+38.9% |
Source: IRMLS #202534786 Report a problem | ||
| 7/31/2023 | Listing removed | $450,000 |
Source: IRMLS #202321923 Report a problem | ||
| 6/25/2023 | Listed for sale | $450,000 |
Source: IRMLS #202321923 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $5,979 +50.5% | $373,500 -1.8% |
| 2023 | $3,973 +138.6% | $380,400 +32% |
| 2022 | $1,665 -0.6% | $288,200 +10.6% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$3,179/mo
Principal & interest
$2625
Property taxes
$362
Home insurance
$192
Climate risks
Neighborhood: 46814
Nearby schools
GreatSchools rating
- 6/10Covington Elementary SchoolGrades: K-5Distance: 1.3 mi
- 6/10Woodside Middle SchoolGrades: 6-8Distance: 1.2 mi
- 10/10Homestead Senior High SchoolGrades: 9-12Distance: 3.2 mi
Schools provided by the listing agent
- Elementary: Covington
- Middle: Woodside
- High: Homestead
- District: MSD of Southwest Allen Cnty
Source: IRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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