abbayarra: Another old game I played when I was young with a first person perspective and a four person party was Dragon Age. I really enjoyed it when I was young. The combat was turn based only, more like Bard's Tale and with ranges.
Are you sure you don't mean Dragon Wars?
Dragon Wars was actually originally meant to be Bard's Tale 4, and was even developed by the same people who made Bard's Tale 3, but I find that the game feels quite different. You don't advance tp such powerful levels, but instead your advancement comes through the equipment and spells you find exploring this nonlinear world. (You could consider it to be open world once you escape the starting town, but then again Bard's Tale 2 would be open world, with no fixed order in which to do the dungeons.) Dragon Wars is also not dungeon-focused; while there are dungeons, you won't find any multi-level dungeons here. (Also, according to Rebecca Heineman, they had to add dragons at the last minute, as there were no dragons in the game at the moment the developers were chosen about the game's new title.)
Dragon Wars uses a system with levels and skill points, but no classes. It unfortunately lacks some of the strategic options that the Bard's Tale games had (no bard songs or hiding during combat, even though there's a skill for hiding), but it has its own options, like strong or disarming blows and having individual characters advance/retreat/run away.