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3626 Lima Road

3626 Lima Road, Fort Wayne, IN 46805
Commercial in Washington
1 Units For Sale
Unit for sale at 3626 Lima Road, Fort Wayne, IN 46805

$745,000

  • Commercial
  • 1 Bath
3626 Lima Road, Fort Wayne, IN 46805 Listing by Andrea Zehr

3626 Lima Road in Fort Wayne, IN was first built in 1949 and is 75 years old. Although, the building on the property was most recently renovated and altered in 1958. This has been categorized as a commercial property type. It is a single story home. 3626 Lima Road has 9,637 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 31,784 square feet.

Learn more about the property and building on this page. The building type has been coded as 4. The code stands for buildings that have wood or wood and steel frames.. There is a unknown. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with metal control joints. The quality of the control joints have been graded by the local assessor with a letter grade of D. The condition of the building has been evaluated as fair. The exterior walls of the home are made of concrete block. As for heating, the home is utilizing gas. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 3626 Lima Road was last sold in Dec 3, 2021 for $305,300. According to our calculations, that's $31.68 per sqft. Current property owners are expected to pay $6,345 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2021. The property on 3626 Lima Road was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $233,200. To break that down further, the land itself was valued at $47,700. While improvements to the property were assessed at a total of $185,500. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.

Building Features

Exterior

Metal Exterior
Wood Exterior

Parking

Paved Parking
This property description is generated based on publicly available data.

2 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20221026
10/26/2022
Loft
1 Bath
-
$575,000
bedrooms
Loft
bathrooms
1 Bath
-
-
-
Gary Gerardot
Gerardot Realty, Inc.
20200131
01/31/2020
Loft
1 Bath
-
$395,000
bedrooms
Loft
bathrooms
1 Bath
-
-
-
Gary Gerardot
Gerardot Realty, Inc.

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 1958
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: Fair
  • Building Quality: D
  • Construction Type: Metal
  • Exterior Walls Type: Concrete block
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 31,784
  • Total Building Area: 9,637
  • Gross Building Area: 9,637
  • Building Area: 9,637
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 9,637
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Building Type: Wood &/or steel frames
  • Property Class: Commercial
  • Subdivision: FIGELS 2ND ADD
  • Land Acres: 0.73
  • Standard Land Use Code: Auto repair, auto parts, garage
  • Legal Description 1: 5-26-3-002 FIGELS 2ND ADD LOT 33 EX ST ALSO 1/2 VAC ST ADJ ON E

Ownership

  • Current Owner : HERNANDEZ JONATHAN P
  • Previous Owner : COLGLAZIER LEE
  • Owner Before Previous Owner: KNOTHE HERBERT
  • Owner Before Previous Owner 2: KNOTHE JOAN
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Fort Wayne Community Schools
  • Census Tract: 003304

Geography

  • Assessors Map Reference: 6301-E4
  • District: 0019
  • Section: 263112
  • Parcel: 02-07-26-404-019.000-073
  • Lot: 33
  • Municipality: WASHINGTON TOWNSHIP
  • Latitude: 41.1092
  • Longitude: -85.1416

    Address

  • Full Address: 3626 Lima Rd
  • Address - House Number: 3626
  • Address - Street Name: Lima
  • Address - Suffix Type: Rd
  • State: IN
  • City Name: Fort Wayne
  • Carrier Code: C035
  • 4-Digit Zip Code: 1742
  • Zip Code: 46805

Valuation

    Tax

  • Total Area: 9,637
  • Tax Year: 2022
  • Tax Amount: $6,345
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 73

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $244,250
  • First Open Lien Mortgage Lender: THE GARRETT STATE BANK
  • First Open Lien Mortgage Recording Date: Dec 06, 2021
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $244,250
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • First Open Lien Mortgage Loan Due Date: Dec 03, 2051

    Market Valuation

  • Market Total Value: $233,200
  • Market Land Value: $47,700
  • Market Improvement Value: $185,500

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $233,200
  • Assessed Land Value: $47,700
  • Assessed Improvements Value: $185,500

    Sales

  • Current Sale Contract Date: Dec 03, 2021
  • Current Sale Recording Date: Dec 06, 2021
  • Current Sale Transaction ID: 11872928036
  • Current Sale Price: $305,300
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021081644
  • Previous Sale Recording Date: Jul 23, 2002
  • Previous Sale Contract Date: Feb 13, 2001
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: THE GARRETT STATE BANK
  • First Mortgage Transaction Date: Dec 06, 2021
  • First Mortgage Loan Amount: $244,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • First Mortgage Loan Due Date: Dec 03, 2051

    Financing

  • First Mortgage Financing Type: Variable

About Fort Wayne



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Frequently Asked Questions

What neighborhood is 3626 Lima Road located in?
The 3626 Lima Road is a commercial located in the neighborhood of Washington in Fort Wayne, Fort Wayne.
How many listings are currently for sale in 3626 Lima Road?
There is a listing currently on the market for sale.
What is the average sales price for listings in 3626 Lima Road?
The average sales price for units in 3626 Lima Road is $745,000 currently.

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