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Land for Sale in Ossian, Indiana

10221 N SR 1 Rd, Ossian, IN 46777

$11,570,000
231 acres
Active
Est $79,734/mo

*UPDATE* 231+- contiguous acres in Wells County located in the direct Fort Wayne growth corridor. This rare single-owner tract sits just south of Fort Wayne along State Road 1 and offers extensive frontage on three public roads with flexible ingress and egress for phased development. The property lies along a corridor identified in the Wells County Vision 2035 Plan for long-term capacity expansion, including the future widening of SR1 to four lanes between Ossian and Bluffton. The location provides approximately 15 mile access to downtown Fort Wayne and 13 miles to Fort Wayne International Airport, with direct connectivity to I469, I69, US24, and US30. This positioning makes it ideal for residential communities, supporting commercial uses, and mixed-use development. Municipal water and sewer are available through the Town of Ossian. Buyers should verify capacities, connection points, and any required extensions. Electric service is provided by AEP Indiana Michigan Power and Heartland REMC. The land features gently rolling topography with a high percentage of tillable acreage across three contiguous parcels sold together. Recent communication with the Wells County Area Plan Commission confirms that future land-use designations support commercial or business frontage along SR1 with urban and rural residential uses extending west into the tract. The county maintains a pro-growth posture, and both rezoning and PUD-style development are viable pathways. INDOT access management applies along SR1 with expectations for a frontage-road-style approach to long-term circulation. This guidance provides developers with clear direction and reduces entitlement uncertainty. Existing improvements include a 1600+- square foot two-story farmhouse with a basement and traditional farm outbuildings and silos. These structures are tenant-occupied and not the focus of marketing. Land only. Appointment required before accessing fields. Buyers must conduct their own due diligence regarding zoning, utilities, soils, drainage, wetlands, survey, access requirements, and development approvals. This is a once-in-a-generation opportunity to control scale, speed, and long-term optionality within one of the most strategic growth corridors in Northeast Indiana.

Location

Street address
10221 N SR 1 Rd
School district
Northern Wells Community
Elevation
829 feet
Coordinates
40.8913, -85.1659

Directions

Coming from Fort Wayne take SR 1 South into Ossian. Property is on the East side of the road as you enter town.

Property details

Acreage
231.478 acres
Zoning
Agricultural
MLS #
FWAAR 202541487
Posted

Property taxes

Recent
$9,176

Parcels

  • 09-02-10-300-001.000-008

Legal description

Details and features

Listing

Type
Land
Franchise
Century 21 Real Estate

Exterior

Structures
Barn(s), Garage(s), Packing Shed, Shed(s)
Features
Barn, Garage, House, Pole Barn, Shed, Silo

Nearby schools

NameLevelDistrictDescription
OssianElementaryNorthern Wells Community
NorwellMiddleNorthern Wells Community
NorwellHighNorthern Wells Community

Listing history

DateEventPriceChangeSource
Oct 13, 2025New listing$11,570,000FWAAR
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This 231.478-acre property is located at 10221 N SR 1 Rd in Ossian, IN 46777. The property is available for sale for $11,570,000 with a price per acre of $49,983.

Checked 1 hour ago — Updated

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