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Jim, Christy & Crystal Owen

jimo@c21bradley.com +1(260) 348-4500

Listed by Brandon Schueler • Mike Thomas Assoc., Inc

$ 210,000

Est. payment | -/mo

2 Beds

2 Baths

2,060 SqFt

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$ 210,000

Est. payment | -/mo

Save Virtual Tour

2 Beds

2 Baths

2,060 SqFt

Key Details

Property Type Single Family Home

Sub Type Site-Built Home

Listing Status Pending

Purchase Type For Sale

Square Footage 2,060 sqft

MLS Listing ID 202632418

Style Two Story

Bedrooms 2

Full Baths 1

Half Baths 1

Abv Grd Liv Area 2,060

Total Fin. Sqft 2060

Year Built 1900

Annual Tax Amount $2,061

Tax Year 2026

Lot Size 3,484 Sqft

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

Area Allen County

Direction North on State Road 1 to the 4 way stop in Leo. Continue on 1 and the building will be on the left right before you leave Leo.

Rooms

Basement Cellar

Interior

Heating Gas, Forced Air

Cooling Central Air

Flooring Carpet, Vinyl

Fireplaces Type None

Laundry Upper

Exterior

Parking Features Detached

Garage Spaces 2.0

Fence None

Roof Type Asphalt,Shingle

Building

Lot Description Corner

Story 2

Foundation Cellar

Sewer City

Water Well

Architectural Style Historic

Structure Type Metal

New Construction No

Schools

Elementary Schools Cedarville

Middle Schools Leo

High Schools Leo

School District East Allen County

Others

Financing Cash,Conventional

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

Nearby Locations

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Jim, Christy & Crystal Owen

Realtor® - Managing Broker Certified | Lic# RB-19000314,21000119,26000845

jimo@c21bradley.com

+1(260) 348-4500

2928 East Dupont Rd, Fort Wayne 46825

15027 State Road 1 Road Leo, IN 46765-9323

Jim, Christy & Crystal Owen

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

15027 State Road 1 Road