Amanda Pietrzak

15027 State Road 1 Road

Leo, IN
$ 210,000 Beds 2 Baths 1.5 Sq 2,060 Virtual Tour
Monthly Estimate* How much can I afford?

Unique Mixed-Use Opportunity in the Heart of Leo! Located in the town center of Leo, 15027 State Road 1 offers a versatile property with endless possibilities for an investor, business owner, or owner-occupant. The second floor features a two-bedroom, one-full-bath apartment with cathedral ceilings, providing immediate residential use or rental income potential. The main level offers flexible commercial space ideal for retail, professional office, studio, or service-based use. For those looking to maximize the propertys residential potential, the main floor could also be renovated into an additional apartment, creating a potential multi-unit investment opportunity. Outside, the property includes a detached two-car garage and a small side yard, adding valuable storage, parking, and outdoor space. With its central Leo location and combination of residential and commercial possibilities, this property offers a unique opportunity to create a space that fits a variety of needs!

Single Family

  • Price
  • $ 210,000
  • City
  • Leo
  • Bedrooms
  • 2
  • Full Bathrooms
  • 1
  • County
  • ALLEN
  • Half Bathrooms
  • 1
  • Area
  • Cedar Creek
  • Lot Size
  • 0.08 Acres
  • Zip
  • 46765
  • Sqr Footage
  • 2,060
  • Year Built
  • 1900
  • Taxes
  • $ 2061
  • Style
  • Historic
  • MLS#
  • 202632418
Listed By: Brandon Schueler with Mike Thomas Assoc., Inc;
Data Source: Indiana Regional MLS (IRMLS)

Features

General

Sewer City
Heating Gas,Forced Air
Cooling Central Air
Laundry Y/N Upper
Fireplaces No
Garage Detached
Status Active
Full Baths 1
Half Baths 1
Bathrooms 2
Year Built 1900
New Construction No
Subdivision None
Style Two Story
Township Cedar Creek
Class RESIDENTIAL
Type Site-Built Home
Age 126
FIPS Code 18003
REO No
Status Active
Auction Y/N No
Annual Taxes 2061.48
Area Allen County
Location City/Town/Suburb
High School Leo
City Leo
School District East Allen County
Assoc. Dues Frequency Not Applicable
Architectural Style Historic
Total Sq Ft 2060
Elementary School Cedarville
Middle School Leo
Legal Description E1/2 LOT 30 HAMILTON
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202632418
Agent First Name Brandon
Agent Last Name Schueler
DOM 26
Tax Year 2026
PROPOSED FINANCING Cash,Conventional

Interior Features

Basement Cellar
Flooring Carpet,Vinyl
Other Room 1 Level Main
Beds 2
Total Rooms 7
Other Room 2 Level Main
Fireplace None
Living Room Width 13
Other Room 2 Length 17
Other Room 2 Width 17
Other Room 1 Description Office space/living room
Other Room 2 Description Kitchenette
Living Room Length 17
Full Baths Upper 1
Total Finished SqFt 2060
Basement Y/N Yes
Other Room 1 Length 22
Other Room 1 Width 17
Above Grade Bedrooms 2
Half Baths Main 1
1st Bedroom Level Upper
1st Bedroom Width 12
2nd Bedroom Length 12
2nd Bedroom Level Upper
2nd Bedroom Width 10
Above Grade Finished SqFt 2060
Living/Great Rm Level Upper
Basement Material Block

Exterior Features

Exterior Metal
Driveway Concrete
Pool No
Garage Length 22
Garage Width 27
Lot Size Area 3375
Lot Dimensions 35x75
Lot Description Corner
Fence None
Garage SqFt 594
Well Type Private
Approx. Lot Size Acres 0.08
Garage Capacity 2
Off Street Parking Y/N No
ROOF MATERIAL Asphalt,Shingle
Waterfront Y/N No
Garage Y/N Yes

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

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the South Bend, IN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Cedarville Elementary School
Middle School Leo Middle School
High School Leo High School

Price History

8/10/2026 Listed $210,000

Property vs Zip Code Average in 46765

Price
AVG $770K
$210K
Taxes
AVG $3,756
$2,061
Year Built
AVG 1982
1900
Visits
AVG 90
27
Data Provided by Inside Real Estate®

Areas That We Cover

15027 State Road 1 Road Leo, IN is a Single Family Home for sale at $210000 with 2060 sqft and a lot size of 0.08 Acres Acre(s). 15027 State Road 1 Road Leo has 2 bedrooms, 1 baths and was built in 1900. The property's zip code is 46765 which is in Leo, IN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided 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.

Amanda Pietrzak

Amanda Pietrzak

574-229-5999

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