7531 Lima Rd, Fort Wayne, IN 46818
Property image
Property image
OFF MARKET

7531 Lima Rd
Fort Wayne, IN 46818

  • 2 Beds
  • 2 Baths
  • 1,040 sqft (on 0.30 acres)

$159,000

Trulia Estimate
as of Aug 4, 2026

$159,000

Trulia Estimate
as of Aug 4, 2026
2 Beds
2 Baths
1,040 sqft
(on 0.30 acres)

Local Information

  • Map ViewExplore the area around 7531 Lima Rd.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Multi-Family
Year Built
1945
Lot Size
0.3 acres
Living Area
1,040 sqft
Price/Sqft
$153
Parking
Garage

About this House

Location, Location and Location! This will be a really nice investment for some of the investors out there or someone who wants to own a property and rent out the property next door. Duplex need some updates and some TLC but nothing major to fix. Good income. One unit is vacant right now and tenants on the other unit are moving out on July ....So you will have time to do some updates and start from fresh. Owners are also selling house next door, 7527 Lima Road. Long term tenant. Another good posibility to earn some extra income. You will also have the oportunity to potentially turn this investment in to a commercial lot. Lots to do here. schedule your showing and see if this great oportunity will work for you or any body you know. Good Investment!!!
7531 Lima Rd, Fort Wayne, IN 46818 is a 2 bedroom, 2 bathroom, 1,040 sqft multi-family built in 1945. It is currently off market. The Trulia Estimate is $159,000, with a rent estimate of $1,188/month.

Home Details for 7531 Lima Rd

Interior Features

Heating & Cooling
Heating: Other, ElectricAir ConditioningCooling System: WallHeating Fuel: Other
Levels, Entrance, & Accessibility
Stories: 1Floors: Carpet, Laminate
Interior Details
Number of Rooms: 6

Exterior Features

Exterior Home Features
Roof: AsphaltExterior: Shingle Not Wood, VinylFoundation Type: Crawl Raised
Parking & Garage
GarageParking Spaces: 2Parking: Garage Attached

Property Information

Year Built
Year Built: 1945
Property Type / Style
Property Type: Multi Family

Community

Units in Building: 2

Lot Information

Lot Area: 0.30 acres

Price History for 7531 Lima Rd

DatePriceEventSource
08/05/2019$74,900ListingRemovedAgent Provided
07/20/2019$74,900PriceChange
Agent Provided
06/29/2019$79,900PriceChange
Agent Provided
06/26/2019$89,900Listed For SaleAgent Provided
12/27/2018$85,000ListingRemovedAgent Provided
07/27/2018$85,000Listed For SaleAgent Provided

Market trends in Fort Wayne

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$254K
$7.6KMoM
Sale-to-List Price
99.5%
0.5%MoM
Price per sq ft
$146
$1MoM
Available listings
1037
86MoM
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Property Tax and Assessment

Year2025
Tax$3,187
Assessment$137,000
Home facts updated by county records

Comparable Sales for 7531 Lima Rd

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
828-830 Villa Park Ct, Fort Wayne, IN
2.64
Multi-Family Home
$260,000
10/13/25
4
2
1,768
2605 W Dupont Rd, Fort Wayne, IN
2.06
Multi-Family Home
$330,000
07/10/26
3
1
1,508
2310-2312 Versailles Village Pl, Fort Wayne, IN
2.39
Multi-Family Home
$295,000
08/20/25
4
3
2,380
1905-1907 Beechmont Dr, Fort Wayne, IN
2.68
Multi-Family Home
$231,000
10/02/25
2
1
1,394
10614 Wild Flower Pl, Fort Wayne, IN
3.59
Multi-Family Home
$220,000
02/13/26
2
2
1,452
2604 Sherman Blvd, Fort Wayne, IN
3.54
Multi-Family Home
$155,500
03/02/26
3
3
2,350
712 Putnam St, Fort Wayne, IN
4.02
Multi-Family Home
$120,000
11/10/25
3
2
1,630
1014 Huffman St, Fort Wayne, IN
4.08
Multi-Family Home
$159,999
03/02/26
2
2
1,562
5705 Bluebird Ct, Fort Wayne, IN
3.72
Multi-Family Home
$395,000
01/13/26
4
4
3,376
1602 Geller St, Fort Wayne, IN
4.21
Multi-Family Home
$145,000
10/01/25
2
2
1,604

Nearby homes

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Assigned Schools

These are the assigned schools for 7531 Lima Rd.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Fort Wayne

At least 2585 Trulia users voted on each feature.

  • 86 % Say car is needed

  • 85 % Say it's dog friendly

  • 84 % Say parking is easy

  • 84 % Say yards are well-kept

  • 79 % Say there are sidewalks

  • 73 % Say kids play outside

  • 73 % Say there's holiday spirit

  • 64 % Say people would walk alone at night

  • 63 % Say streets are well-lit

  • 61 % Say it's quiet

  • 56 % Say neighbors are friendly

  • 51 % Say they plan to stay for at least 5 years

  • 48 % Say there's wildlife

  • 43 % Say it's walkable to restaurants

  • 36 % Say it's walkable to grocery stores

  • 30 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Tamara Rubin
    "Year garage sale, trick or treat "
    0
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  • Nir D.
    "I moved to this new subdivision next to the Golf Club and I love it. The house is brand you and just perfect 👌 🇺🇸🦅"
    0
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  • Mike
    "I work on the outskirts of town that doesn’t have a public transportation route, but would not be opposed to taking a bus if the route wasn’t too out of the way. "
    0
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  • Trulia User
    "Getting together Diversity Pretty lawns and flowers Good schools Kids Well kept sidewalks and roads"
    0
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  • Andrew B
    "traffic can sometimes be an issue .. however there are plenty of parks, including dog parks where safety is pretty much guaranteed"
    0
    Flag
  • Tamara Rubin
    "It’s a newish neighborhood and the people great. The area is very pet friendly and everyone’s always friendly "
    0
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  • Xjwyypv2cp
    "We have just moved into this part of the neighbourhood. Every community in the surrounding area will hold annual garage sales from what I’ve seen."
    0
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  • Rkc6hq4gyz
    "There is a new park built and it’s kid friendly and walking distance to gas stations, stores, and schools."
    0
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  • Stephannie Yarbrough
    "We are new here, so far so good. Right now there is a 5 min. commute that may change when we buy a home. "
    0
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  • Sherie
    "this is a dog friendly neighborhood people are nice and schools are close, shopping is close to the neighborhood too "
    0
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  • Drb8787
    "Traveling is easy whether local or having to get to an expressway/highway to travel further. "
    0
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  • Desiree H.
    "I love this area..You can see cool nature and enjoy walking anytime of the day or night without feeling uncomfortable.. very clean area and people are always willing to help you if you need anything!"
    0
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  • Drb8787
    "Our neighborhood is friendly! We get together with the neighbors in our cul-de-sac for BBQ’s, bon fires, and small get togethers. "
    0
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  • Jerri Shank
    "Yes dog friendly with leash and responsible owners. Never hear dogs barking uncontrollably. Quiet neighborhood. "
    0
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  • Amanda Nelson
    "I grew up in this neighborhood. There are kids everywhere, friendly neighbors, and cars can’t speed through due to how the street is designed. "
    0
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  • Sherie
    "the schools are good, the local restaurants are wonderful and it’s a beautiful city to live in. i feel safe in my neighborhood and love living here "
    0
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  • Sherie
    "no events recently in this neighborhood, people keep to themselves for the most part. some people have parties in their backyards but they are private "
    0
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  • Ashley Harber Missing Toe
    "A car back n forth to and from it’s about 20 mins one way every day I can’t imagine not having a vehicle to get me around everyday "
    0
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  • Angela Hess
    "There are more walking trails coming! Everyone is always out with their dogs and everyone is very respectful!"
    0
    Flag
  • Angela Hess
    "Traffic is bad during rush hour. There is a lot of construction right now. But usually traffic runs pretty smoothly. "
    0
    Flag
  • Heather
    "As long as I leave on time it’s smooth sailing. If you drive at the right speed you’ll hit every green lights. "
    0
    Flag
  • Pf2cmsnkzx
    "It’s near st Francis college and nice pond / nature also Lindenwood preserve - lots of hiking trails , frogs turtles deer birds etc ! "
    2
    Flag
  • Trulia User
    "Annual neighborhood garage sale. Trick or treat hours. Lots of Christmas lights and other types of decorations."
    2
    Flag
  • Michelle Taylor
    "There are a lot of families here. Lots of great parks and schools. It’s a mostly safe area, but like most places; crime has been rising the past few years. "
    2
    Flag
  • Reneberrymayberry28
    "Wonderful, quiet and peaceful neighborhood! Neighbors are friendly and I have had no complaints. Highly recommended "
    1
    Flag
  • Brian Mack
    "roads. light up streets side walks fix up parks. more restaurants grocery store and many more"
    0
    Flag
  • Grammienana9313
    "Garage sales are nice to go to. However, I’d like to see a neighborhood party now and then. Like a street party!"
    1
    Flag
  • Brian Mack
    "it’s ok. but needs work on roads. lights fix more lights on side streets alleys clean make it more safe to walk at night or go for a walk. that’s why it’s not that safe "
    0
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  • Kolbi Boykin
    "I guess the Barking can be loud and annoying and the poop not being cleaned up on there lawn during all seasons isn’t great."
    1
    Flag
  • Trulia User
    "Good place to visit as long you stay to yourself watch out for predators safety is always the key to protect your kids at all times you will need a vehicle to travel grocery stores are 5 to 10 miles out there will be traffic sometimes "
    2
    Flag
  • Trulia User
    "Dog friendly - on leash is the norm here in our neighborhood. It is safe for dogs and the pathway is excellent."
    0
    Flag
  • Trulia User
    "There are no events that make my community special. It is not a neighborly place. The houses are rundown. "
    0
    Flag
  • Trulia User
    "you see people walking there dogs and I think I could do that too and I wanna rent here if I can they can bite."
    0
    Flag
  • Trulia User
    "Dogs are friendly and the dogs owners always pick up after them. Not much barking in the neighborhood. "
    0
    Flag
  • Trulia User
    "Many kids out and about and feel safe letting them ride their bikes and playing. great neighbors who look out for each other. "
    0
    Flag
  • Trulia User
    "Great safe neighborhood quiet place to live. Good neighbors close to grocery stores, restaurants and shopping centers. "
    1
    Flag
  • Trulia User
    "very friendly and diverse... people of all nations live together without a problem.. very quiet and safe. "
    3
    Flag
  • Trulia User
    "The schools are within walking distance and are very aware of child safety also the sidewalks are usually never ice filled in the winter and there is very little noise complaints around the area I would recommend this area to anyone who has or looking to have kids."
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  • Trulia User
    "it is safe and well established. the homes are well maintained. the school system is great too. shopping is convenient and two great hospitals are close"
    0
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  • Madison A.
    "One of the nicer neighborhoods in Fort Wayne. Lots of families, people out walking and friendly. Schools and stores are extremely close but the neighborhood is quiet and relaxed. "
    0
    Flag

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Homes for sale near 7531 Lima Rd

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Off Market Homes Near 7531 Lima Rd

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