NOT LISTED FOR SALE

15026 Center St Leo, IN 46765

Estimated Value: $250,150

1 Bed
1.5 Baths
1,750 Sq Ft
$143/Sq Ft Est. Value

Last Sold September 09, 2016

Last sale price $115,000 $66 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $1,520/month

210 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Covered Patio or Porch
  • Cedarville Elementary School Rated A-
  • Corner Lot
  • Woodwork

About This Home

As of September 2016

Investment opportunity in Leo! This house has been converted into a commercial/residential property. It's zoned DC (downtown commercial), so there are many options for the commercial usage. The owner would consider a 8-month/$650/month lease-back to a buyer. The upstairs residential apartment is currently on a 4-month lease at $450/month. The building has updated vinyl windows throughout, Spanish-laced ceilings, and hardwood floors. The property sets on a double lot, which has a large concrete slab for private parking. There is also public parking along State Road 1. Leo is a fast growing area. The town of Leo has revitilation plans in place for the next five years, and this is a great opportnity to get your investment in before it's gets more expensive. Riverside Gardens is just a short walk away. Leo schools, 10 minutes from I-69, and 12 minutes from Meijer and Walmart. Nicely priced at $134,900!

Last Agent to Sell the Property

Troy Wieland

Wieland Real Estate Listed on: 12/31/2015

Last Buyer's Agent

Mick McMaken

American Dream Team Real Estate Brokers

American Dream Team Real Estate Brokers

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,234

Year Built

  • Built in 1876

Lot Details

  • Corner Lot
  • Level Lot

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Brick Foundation
  • Poured Concrete
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Woodwork
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 1 Bedroom

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Private Company Owned Well
  • Well

Additional Features

  • Covered Patio or Porch
  • Suburban Location

Listing and Financial Details

  • Assessor Parcel Number 02-03-15-381-001.000-082

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,234

Year Built

Built in 1876

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1876
  • Age: 140
  • Style: Two Story
  • Architectural Style: Traditional
  • Total Number of Rooms: 6
  • Bedrooms: 1
  • Number Above Grade Bedrooms: 1
  • Total Bathrooms: 2
  • Total Full Bathrooms: 1
  • Total Number of Half Bathrooms: 1
  • Legal Description: HAMILTON ADD N 58 FT LOT 31 & N 58 FT LOT 32
  • Parcel Number ID: 02-03-15-381-001.000-082
  • Platted: Yes
  • Amenities: Deck Open, Detector-Smoke, Natural Woodwork, Porch Covered
  • Location: City/Town/Suburb
  • Parcel Id2: 4329110032
  • Sp Lp Percent: 85.25
  • Special Features: None

Interior Features

  • Total Sq Ft: 2870
  • Total Finished Sq Ft: 1750
  • Above Grade Finished Sq Ft: 1750
  • Below Grade Sq Ft: 1120
  • Basement: Yes
  • Basement Foundation: Full Basement, Unfinished
  • Basement Material: Brick, Poured Concrete
  • Flooring: Hardwood Floors, Carpet
  • Living Great Room: Dimensions: 16x16, On Level: Upper
  • Kitchen: Dimensions: 12x14, On Level: Upper
  • Bedroom 1: Dimensions: 12x14, On Level: Upper
  • Main Level Sq Ft: 994
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 1120

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Outbuilding1: Shed, Dimensions: 8x10

Garage/Parking

  • Driveway: Concrete

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: Well
  • Well Type: Private

Schools

  • School District: East Allen County
  • Elementary School: Leo
  • Middle School: Leo
  • High School: Leo

Lot Info

  • Lot Description: Corner, Level
  • Lot Dimensions: TBD by survey
  • Lot Number: 31

Tax Info

  • Annual Taxes: 2234

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 23, 2025
Sold by
Rhino Investments Fw Llc
Bought by
Mark E Monaco And Cynthia G Monaco Family Tru and Monaco
Current Estimated Value
$250,150

Purchase Details

Listed on
Dec 31, 2015
Closed on
Sep 9, 2016
Sold by
A & S Brothers Real Estate Llc
Bought by
Rhino Investments Fw Llc
Seller's Agent
Troy Wieland
Wieland Real Estate
Buyer's Agent
Mick McMaken
American Dream Team Real Estate Brokers
List Price
$134,900
Sold Price
$115,000
Premium/Discount to List
-$19,900
-14.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.87%
Original Mortgage
$86,250
Interest Rate
3.48%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Sep 21, 2005
Sold by
Brothers Alfred S and Brothers Sandra J
Bought by
A & S Brothers Real Estate Llc
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mark E Monaco And Cynthia G Monaco Family Tru -- None Listed On Document
Rhino Investments Fw Llc -- Metropolitan Title Of In
A & S Brothers Real Estate Llc -- --
Brothers Alfred S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rhino Investments Fw Llc $86,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2016 09/09/16 Sold $115,000 -14.8% $66 / Sq Ft
07/28/2016 07/28/16 Pending -- -- --
12/31/2015 12/31/15 For Sale $134,900 -- $77 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,314 $118,600 $15,700 $102,900
2022 $2,003 $113,500 $15,700 $97,800
2021 $2,071 $120,800 $15,700 $105,100
2020 $2,188 $120,800 $15,700 $105,100
2019 $2,152 $120,800 $15,700 $105,100
2018 $2,278 $122,200 $15,700 $106,500
2017 $2,323 $120,600 $15,700 $104,900
2016 $2,250 $116,900 $15,700 $101,200
2014 $2,234 $113,800 $15,700 $98,100
2013 $2,309 $114,800 $15,700 $99,100
Source: Public Records

Agents Affiliated with this Home

  • Troy Wieland

    Seller's Agent in 2016

    Troy Wieland

    Wieland Real Estate

    (260) 403-2594

    32 in this area

    189 Total Sales

    Troy Wieland
    Section Image
  • Mick McMaken

    Buyer's Agent in 2016

    Mick McMaken

    American Dream Team Real Estate Brokers

    (734) 972-2905

    21 Total Sales

    Mick McMaken
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 201600095

Indiana Regional MLS

APN: 02-03-15-381-001.000-082

Indiana Allen County Leo 46765

15026 Center St, Leo, IN

This home is located at 15026 Center St, Leo, IN 46765 since 31 December 2015 and is currently estimated at $250,150, approximately $142 per square foot. This property was built in 1876. 15026 Center St is a home located in Allen County with nearby schools including Leo Elementary School, Cedarville Elementary School, and Leo Junior/Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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