Property Attributes
- MLS#202611322
- TypeSingle Family
- Listing Status Active
- CountyALLEN
- CityLeo
- AreaCedar Creek
- Zip46765
- StyleSite-Built Home
- Year Built1917
- Taxes$ 7712
- Price$ 2,800,000
- Bedrooms3
- Full Bathrooms1
- Half Bathrooms0
- Sqr Footage1175
- Lot Size11 Acres
Data Source:
Indiana Regional MLS (IRMLS)
Property Description
Unique opportunity to own two parcels totaling 11 acres in a prime location in growing Leo and northwest Fort Wayne, offering exceptional flexibility for residential, business, or investment use. The primary 10.2-acre parcel features a 1,200 sq ft, three-bedroom ranch alongside a large flex building with recently expanded office spaceideal for a home-based business, workshop, or operations hub. The main barn features all concrete floors, providing durability and versatility for a variety of uses. Three expansive pole barns offer substantial capacity for equipment, materials, or tenant use. The main building is fully linked to the middle barn (Building 3), enhancing functionality for operations and communications. The home and buildings on this parcel are currently producing rental income, with existing leases that include a tree service, communications company, residential tenant, and additional storage rentalsdelivering immediate cash flow for the next owner. A well-maintained pond adds both functionality and scenic appeal. The second parcel, spanning 0.8 acres, includes its own three-bedroom ranch with a separate drivewaywell-suited for multi-generational living, guest accommodations, or additional rental income. With strong potential for construction operations, specialized storage and logistics, future residential development, or even a wedding/event venue, this property offers a rare combination of location, acreage, infrastructure, and income-producing capability. This property currently houses a business conducting active operations, therefore earliest possession is July 1st. The property will be clear of all equipment in the coming months.
| Elementary School | Middle School | High School |
|---|---|---|
| Perry Hill Elementary School | Maple Creek Middle School | Carroll High School |
| Price History | |
|---|---|
| 4/3/2026 | Listed $2,800,000 |
General Features
| Sewer | City |
|---|---|
| Heating | Gas,Forced Air,Multiple Heating Systems |
| Kitchen Level | Main |
| Cooling | Window |
| Laundry Y/N | Main |
| Fireplaces | Yes |
| Garage | Carport |
| Amenities | Dryer Hook Up Gas/Elec,Guest Quarters,Near Walking Trail,Patio Open,Utility Sink,Sump Pump |
| Status | Active |
| Full Baths | 1 |
| Bathrooms | 1 |
| Year Built | 1917 |
| New Construction | No |
| Subdivision | None |
| Style | One Story |
| Township | Cedar Creek |
| Class | RESIDENTIAL |
| Type | Site-Built Home |
| Age | 109 |
| FIPS Code | 18003 |
| Associated Document Count | 1 |
| REO | No |
| Status | Active |
| Auction Y/N | No |
| Dining Room Level | N/A |
| Annual Taxes | 7712 |
| Upper | N/A |
| Area | Allen County |
| Location | City/Town/Suburb |
| High School | Carroll |
| City | Leo |
| School District | Northwest Allen County |
| Assoc. Dues Frequency | Not Applicable |
| Total Sq Ft | 1625 |
| Elementary School | Perry Hill |
| Middle School | Maple Creek |
| Legal Description | CC32 E 903.1 OF N 532.5 EX S 152.5 OF E 240 NW1/4 SW1/4 SEC 18 |
| Virtual Tour | https://www.propertypanorama.com/instaview/irmls/202611322 |
| Agent First Name | David |
| Agent Last Name | Weigand |
| DOM | 159 |
| Tax Year | 2025 |
Interior Features
| Basement | Unfinished |
|---|---|
| Fireplace(s) | 1 |
| Kitchen Length | 8 |
| Kitchen Width | 11 |
| Beds | 3 |
| Total Rooms | 5 |
| Fireplace | Family Rm |
| Living Room Width | 12 |
| Living Room Length | 14 |
| Full Baths Main | 1 |
| Total Finished SqFt | 1175 |
| Basement Y/N | Yes |
| Above Grade Bedrooms | 3 |
| 1st Bedroom Level | Main |
| 1st Bedroom Width | 10 |
| 2nd Bedroom Length | 10 |
| 2nd Bedroom Level | Main |
| 2nd Bedroom Width | 12 |
| 3rd Bedroom Length | 12 |
| 3rd Bedroom Level | Main |
| 3rd Bedroom Width | 12 |
| Above Grade Finished SqFt | 1175 |
| Below Grade Unfin. SqFt | 450 |
| Extra Room Level | N/A |
| Living/Great Rm Level | Main |
| Rec Room Level | N/A |
Exterior Features
| Exterior | Vinyl,Wood |
|---|---|
| Pool | No |
| Waterfront | Pond |
| Garage Length | 15 |
| Garage Width | 15 |
| Lot Size Area | 479160 |
| Lot Dimensions | 900 x 532 |
| Lot Description | Partially Wooded,Waterfront,10-14.999 |
| Garage SqFt | 225 |
| Water Features | Pier/Dock |
| Approx. Lot Size Acres | 11 |
| Garage Capacity | 2 |
| Off Street Parking Y/N | Yes |
| Waterfront Y/N | Yes |
| Garage Y/N | Yes |
| County Zoning | A3 |
Amenities
- Foreclosure
- Views
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided by the Indiana Regional MLS.
Information last updated on September 11, 2026 10:42 PM UTC