525 Ley Rd, Fort Wayne, IN 46825 Property Records

Allen County property record for 525 Ley Rd, Fort Wayne, IN 46825

Property Summary

Property Type	Warehouse, Storage
Details	7,500 sqft · built 1988
Lot Size	5,100 acres (222,156,000 sqft)
Owner	Company Name on Record
Last Sale	$695,000 (Oct 2017)
Tax Bill	$11,449 (2025)
Deeds & Mortgages	Jun 2018 Second Mortgage Dec 2018 Mortgage + 3 more
Flood Zone	Zone X (minimal risk)
APN	`02-07-23-302-001.000-073`

Property Details

APN / Parcel Number

Primary APN	`02-07-23-302-001.000-073`
Alternative APN	`8000230235`

Interior

Plumbing Fixtures	7 Plumbing Fixtures
Stories	1 Story
Building Area	7,500 sqft Gross Area
1st Floor Area	7,500 sqft

Exterior

Year Built	Built 1988
Effective Year Built	Effective 1988
Exterior Material	Concrete Block
Construction Type	Metal Frame
Fire Resistance	Masonry Walls, Wood Interior
Lot Area	222,156,000 sqft

Utilities, Heating & Cooling

Heating Fuel	Gas
Sewer	Municipal
Water Source	Commercial

Location & Zoning

Street Address	525 LEY RD
City	FORT WAYNE
State	IN
Zip	46825-5223
Property Category	Industrial
Property Type	Industrial > Warehouse, Storage
Legal Description	W 200.17 OF E 386.67 OF S 224 OF N 254 W 1/2 SW 1/4 SEC 23 EX E 100
Jurisdiction	ALLEN IN
Township / Civil Division	WASHINGTON
Census Block Group	1
Census Block	1016
Census Tract	980002

Owner

Source: Allen County records, as of May 27, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record	Company Name on Record
Mailing Address	5777 WESTERVILLE RD, WESTERVILLE, OH 43081-9366
Owner Type	Company

Deeds, Mortgages & Sale History

Date	Document
Jun 19, 2018	Deed of Trust, Mortgage · Stand-Alone Second Mortgage CAPITAL SOURCE LTD
Dec 3, 2018	Deed of Trust, Mortgage · Commercial Mortgage CAPITALSOURCE
Jul 2, 2018	Deed of Trust, Mortgage · Commercial Mortgage CAPITAL SOURCE LTD
Apr 26, 2021	Deed of Trust, Mortgage · Line of Credit NORTH VALLEY BANK
Oct 27, 2017	Warranty Deed, Transfer · Stand-Alone First Mortgage CAPITALSOURCE

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Oct 27, 2017 · Amount on Record
Deed Sale	Oct 27, 2017 · Amount on Record
Prior Sale	Oct 13, 2017 · Amount on Record
Deed Document Number	201756844
Last Transfer Date	Jul 20, 2022
Transfer Doc	0000041159
Record Updated	Sep 20, 2026

June 2018: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	ALLEN IN
Property Address	525 LEY RD, FORT WAYNE, IN 46825-5223
Transaction Type	Mortgage
Record Updated	May 12, 2023

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	2018029624
Date	Jun 19, 2018
Instrument	2018029624

Lender

Name	CAPITAL SOURCE LTD
Type	Funding / Finance Company
Address	CHEVY CHASE, MD 20815

Agreement

Type	Stand-Alone Second Mortgage
Amount	Amount Recorded

December 2018: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	ALLEN IN
Property Address	525 LEY RD, FORT WAYNE, IN 46825-5223
Transaction Type	Mortgage
Record Updated	May 12, 2023

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	2018060905
Date	Dec 3, 2018
Instrument	2018060905

Lender

Name	CAPITALSOURCE
Type	Non-Lending Institution
Address	CHEVY CHASE, MD 20815

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded

July 2018: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	ALLEN IN
Property Address	525 LEY RD, FORT WAYNE, IN 46825-5223
Transaction Type	Mortgage
Record Updated	May 12, 2023

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	2018032509
Date	Jul 2, 2018
Instrument	2018032509

Lender

Name	CAPITAL SOURCE LTD
Type	Funding / Finance Company
Address	CHEVY CHASE, MD 20815

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded

April 2021: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	ALLEN IN
Property Address	525 LEY RD, FORT WAYNE, IN 46825-5223
Transaction Type	Mortgage
Record Updated	May 12, 2023

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	2021027486
Date	Apr 26, 2021
Instrument	2021027486

Lender

Name	NORTH VALLEY BANK
Type	Bank
Address	BUCKEYE LAKE, OH 43008

Agreement

Type	Line of Credit
Amount	Amount Recorded

Interest

Rate Type	Adjustable Rate
Change Frequency	Monthly

October 2017: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	ALLEN IN
Recording Date	Oct 27, 2017
Property Address	525 LEY RD, FORT WAYNE, IN 46825-5223
Document Number	2017056844
Instrument Date	Oct 26, 2017
Instrument	2017056844
Transaction Type	Transfer
Record Updated	May 12, 2023
Title Company	METROPOLITAN TITLE CORPORATION, METROPOLITAN TITLE OF IN

Transaction

Tax	$0.00
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name
Address	00000

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	5777 WESTIN RD, WESTERVILLE, OH 43081

Mortgage

Document Number	2017056845
Date	Oct 27, 2017
Instrument	2017056845

Lender

Name	CAPITALSOURCE

Agreement

Type	Stand-Alone First Mortgage
Amount	Amount Recorded

Tax Assessment & Valuation

Source: Allen County assessment roll, as of May 27, 2026

Property Jurisdictions

Type	Name
State	Indiana
County	Allen County
County Subdivision	Washington Township
Municipality	Fort Wayne City
Unified School District	Fort Wayne Community Schools (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$11,449.00 (+2.69%)	$432,100 (-0.85%) Land $44,400 Building $387,700	$432,100 (-0.85%) Land $44,400 Building $387,700
2024	$11,149.00 (-2.98%)
2023	$11,492.00 (-3.23%)	$435,800 (-0.16%) Land $44,400 Building $391,400	$435,800 (-0.16%) Land $44,400 Building $391,400
2022	$11,876.00	$436,500 Land $44,400 Building $392,100	$436,500 Land $44,400 Building $392,100

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

Source: FEMA National Flood Hazard Layer, effective April 22, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it
Community Rating System	Class 10 (0% premium discount)
Nearby Flood Policies	4 in force
Nearby Flood Claims	17 (1982–2013)
Claims Outside the SFHA	2 of 17
Most Recent Claim	Jun 2013 · rainfall accumulation
Claims by Event	Severe Storms, Tornadoes, And Flooding, Jul 2003 · 2 claims

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Not rated no burnable land within ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	FORT WAYNE - 3 RIVERS FILTRATION PLANT serves 269,994 people · EPA ID IN5202020
Water Source	Surface water
Last State Inspection	Apr 2025
Lead	3 ppb (2026) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	Corrosion control Jan 2022
Monitoring and Reporting	1 last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 69 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Xfinity Cable	2,000 / 250
Starlink Satellite	280 / 30

May also be available: Lakeland Internet, MetaLINK Technologies, Verizon.

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