4422 Hillegas Rd, Fort Wayne, IN, 46818
About This Home
Big price drop on this highly visible property. Positioned at a prominent Fort Wayne intersection, this property delivers outstanding exposure with more than 250 feet of frontage along Interstate 69 and nearly 320 feet on Hillegas Road. Traffic counts of over 75,000 vehicles per day along I-69 and over 15,000 vehicles per day along Hillegas Road make it an excellent candidate for commercial use. Although currently zoned R1, its adjacency to established commercial developments highlights strong potential for rezoning and long-term investment value. In addition to its prime visibility, the site includes a 1,269 square foot residence, offering versatile options for investors and entrepreneurs. The home may serve as immediate living quarters, or be adapted to expand commercial operations. Recent updates, including a 2 year old furnace and newer water heater, enhance functionality and reduce maintenance needs, making this property a practical and forward-looking investment. Property is being sold as-is.
Getting Around
Car-Dependent
Some Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1950
Materials
- Foundation: Slab
- Construction materials: Vinyl Siding,Wood Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Gas Range,Gas Water Heater
Basement
- Basement: Crawl Space
Bedroom1
- Level: Main
Bedroom2
- Level: Main
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bedrooms: 2
Family Room
- Level: Main
- Area: 264
Features
- Main Level Bedroom Suite
- Flooring: Carpet,Vinyl,Ceramic Tile
- Finished area below ground: 0
- Finished area above ground: 1,269
Heating & Cooling
- Heating features: Natural Gas,Forced Air
- Cooling features: Central Air
Interior Area
- Total structure area: 1,269
- Total interior livable area: 1,269 sqft
Kitchen
- Level: Main
- Area: 121
Living Room
- Level: Main
- Area: 228
Property
Details
- Parcel number: 020721351006.000073
Features
- Levels: One
- Stories: 1
Lot
- Lot size: 0.81 Acres
- Features: 0-2.9999,City/Town/Suburb
- Lot size dimensions: 251X319X250
Parking
- Total spaces: 2
- Parking features: Attached,Gravel
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
- Has uncovered spaces: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Strong Wind
- Tornado
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across Indiana Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,250 | $27,000 |
| Home Insurance * | $160 | $1,920 |
| Property Taxes | $366 | $4,392 |
| Electricity | $184 | $2,212 |
| Total | $2,960 | $35,520 |
Income You'd Need if You Spent...
Indiana FAIR Plan Programs
Indiana Basic Property Insurance Underwriting Association
Wildfire
HailWindHow Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-02-21 | Price change | $465,000 |
| 2025-11-21 | Listed for sale | $485,000 |
| 2016-05-02 | Sold | $76,500 |
| 2014-10-25 | Listed for sale | $85,000 |
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