15027 State Road 1 RD, Leo, IN 46765-9323
15027 State Road 1 RD, Leo, IN 46765-9323
15027 State Road 1 RD, Leo, IN 46765-9323
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Listed by Mike Thomas Assoc., Inc
$210,000
Est. payment /mo
2 Beds
2 Baths
2,060 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Site-Built Home

Listing Status Active

Purchase Type For Sale

Square Footage 2,060 sqft

MLS Listing ID IRM202632418

Style Historic

Bedrooms 2

Full Baths 1

Half Baths 1

HOA Y/N No

Year Built 1900

Annual Tax Amount $2,061

Tax Year 2026

Lot Size 3,484 Sqft

Acres 0.08

Lot Dimensions 35x75

Property Sub-Type Site-Built Home

Property Description

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 property's 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!

Location

State IN

County Allen County

Rooms

Basement Cellar

Interior

Heating Gas, Forced Air

Fireplaces Type None

Fireplace N

Exterior

Parking Features Concrete

Garage Spaces 2.0

Fence None

View Y/N true

Building

Lot Description Corner Lot

Story Two

Sewer Public Sewer

Water Well

Level or Stories Two

New Construction No

Schools

Elementary Schools Cedarville

Middle Schools Leo

High Schools Leo

School District East Allen County

Others

Pets Allowed No

Tax ID 02-03-15-380-006.000-082

Acceptable Financing IRM202632418

Listing Terms IRM202632418

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/irmls/202632418


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