- Assessed Value: $2,120,300
- Assessed Year: 2025
- Assessed County: Allen
- APN: 02-12-08-227-001.000-074
- Assessed Land Value: 1524600
- Market Land Value: 1524600
- Tax Amount: 57942.32
- Tax Year: 2025
- Market Value: 2120300
- Market Year: 2025
1502 S Illinois Rd; Fort Wayne, IN Property Details
Off market
1502 S Illinois Rd Fort Wayne, IN 46804
$2,120,300 Estimated Value
12,374 SqFt
Property Type
RestaurantProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 1 / Corporate
- Owner Status: Corporate
- Year Built: 2001
- Open Loans: 1
- APN: 02-12-08-227-001.000-074
- Situs County: Allen
- Length Of Ownership: 3 years, 6 months
Structure
- Building Style: Concrete
- Stories: 1
- Exterior Wall Type: Concrete Block
- Building Condition: Average
- Building Quality: A
- Sewer Type: Municipal
- Water Source: Municipal
Measurements
- Total: 12,374/SqFt
- Lot: 544,500,000/SqFt
- Gross: 12,374/SqFt
- Living: 12,374/SqFt
- Building: 12,374/SqFt
- Ground: 12,374/SqFt
Legal Description
- Description: E 381.04FT FRL LOTS 16 & 17 EDSALLS SUB LAGRO RES S OF HWY 14 EX S 24.12FT FRL PRC 6
Building Insights
Land Information
- Property Type: Restaurant
- Within Flood Zone: True
- Flood Zone: X / Low/Medium Risk
- School District: Fort Wayne Community Schools
- Lat / Lon: 41.072372 / -85.19315
- Subdivision: Edsalls Sub
- Property Class: Commercial
- County Use Code: 430
Amenities
- Heating Fuel Type: Gas
- Plus Four: 1220
Ownership Info
1502 S Illinois Rd has no associated ownership info
1502 S Illinois Rd has no associated ownership info.
Taxes
1502 S Illinois Rd has 10 associated Taxes items
1502 S Illinois Rd, Fort Wayne, IN pays taxes in Allen County, IN. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $2,120,300. The APN we've located for 1502 S Illinois Rd is 02-12-08-227-001.000-074.
Unlock the full reportTaxes
Tax History
1502 S Illinois Rd has 13 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $2,120,300 | Land Value $1,524,600 | Improvement Value $595,700 | Tax Amount $57,942.32 | Change Rate +0.082159% | Assessed CR | Tax Rate +0.027327% |
| Year 2024 | Assessed Value | Land Value | Improvement Value | Tax Amount $53,543.24 | Change Rate -0.024094% | Assessed CR | Tax Rate |
| Year 2023 | Assessed Value $2,034,700 | Land Value $1,524,600 | Improvement Value $510,100 | Tax Amount $54,865.16 | Change Rate -0.057631% | Assessed CR | Tax Rate +0.026965% |
| Year 2022 | Assessed Value $2,089,100 | Land Value $1,524,600 | Improvement Value $564,500 | Tax Amount $58,220.44 | Change Rate -0.037654% | Assessed CR | Tax Rate +0.027869% |
| Year 2021 | Assessed Value $2,034,500 | Land Value $1,524,600 | Improvement Value $509,900 | Tax Amount $60,498.46 | Change Rate -0.030853% | Assessed CR | Tax Rate +0.029736% |
| Year 2020 | Assessed Value $2,034,900 | Land Value $1,524,600 | Improvement Value $510,300 | Tax Amount $62,424.44 | Change Rate -0.067827% | Assessed CR | Tax Rate +0.030677% |
| Year 2019 | Assessed Value $2,107,300 | Land Value $1,524,600 | Improvement Value $582,700 | Tax Amount $66,966.56 | Change Rate -0.004437% | Assessed CR | Tax Rate +0.031778% |
| Year 2018 | Assessed Value $2,107,300 | Land Value $1,524,600 | Improvement Value $582,700 | Tax Amount $67,265.02 | Change Rate -0.00654% | Assessed CR | Tax Rate +0.03192% |
| Year 2017 | Assessed Value $2,107,900 | Land Value $1,524,600 | Improvement Value $583,300 | Tax Amount $67,707.86 | Change Rate +0.024617% | Assessed CR | Tax Rate +0.032121% |
| Year 2016 | Assessed Value $2,173,600 | Land Value $1,524,600 | Improvement Value $649,000 | Tax Amount $66,081.14 | Change Rate +0.013397% | Assessed CR | Tax Rate +0.030402% |
| Year 2014 | Assessed Value $2,118,300 | Land Value $1,524,600 | Improvement Value $593,700 | Tax Amount $65,207.56 | Change Rate -0.028826% | Assessed CR | Tax Rate +0.030783% |
| Year 2013 | Assessed Value $2,182,900 | Land Value $1,524,600 | Improvement Value $658,300 | Tax Amount $67,143 | Change Rate +0.036445% | Assessed CR | Tax Rate +0.030759% |
| Year 2011 | Assessed Value | Land Value | Improvement Value | Tax Amount $64,782 | Change Rate | Assessed CR | Tax Rate |