15451 N State Road 1 Spencerville, IN 46788
Estimated payment $2,375/month
Highlights
- Primary Bedroom Suite
- 1.11 Acre Lot
- Solid Surface Countertops
- Cedarville Elementary School Rated A-
- Traditional Architecture
- Covered Patio or Porch
About This Home
Welcome to this rare opportunity in Leo Schools. This Family Home is on 1.14 acres just outside of Leo with no HOA. The home boasts over 3,050 sq ft of living space with 1,762 Sq Ft on main level. This 4 bedroom, 3.5 bath home features multiple living spaces including family room with fireplace, a private office space and a large rec room in the finished basement. There is a large Island kitchen fully upgraded with beautiful custom cabinets and breakfast bar at the island. The lower level bedroom suite with full tiled bath and walk in shower could easily serve as an in-law/guest suite or permanent living area. Additional features in the finished basement include a walk in closet and storage room with built in shelves. A highlight of the property is the two story 24 X 36 barn (2006) with plenty of space for a workshop, hobbies, toys or storage! The large attached garage also has pull down ladder access to floored storage space above. With garage and barn, there is garage space for 4 vehicles. This home is thoughtfully updated and is move in ready. MAJOR updates done in 2025 include a new roof, new furnace/AC, carpet in all 4 bedrooms and interior paint. Additional recent upgrades include newer flooring elsewhere in the home and newer appliances.. You will enjoy this country setting with the convenience of being close to town. The property is surrounded by mature trees and is beautifully landscaped.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,229
Year Built
- Built in 1968
Lot Details
- 1.11 Acre Lot
- Property fronts a state road
- Rural Setting
- Landscaped
- Level Lot
- Property is zoned R1, Ag/Rural Res Homesite
Parking
- 2 Car Attached Garage
- Garage Door Opener
- Driveway
- Off-Street Parking
Home Design
- Traditional Architecture
- Brick Exterior Construction
- Slab Foundation
- Poured Concrete
- Shingle Roof
Interior Spaces
- 1-Story Property
- Built-in Bookshelves
- Crown Molding
- Ceiling Fan
- Gas Log Fireplace
Kitchen
- Eat-In Kitchen
- Breakfast Bar
- Walk-In Pantry
- Electric Oven or Range
- Kitchen Island
- Solid Surface Countertops
- Built-In or Custom Kitchen Cabinets
- Disposal
Flooring
- Carpet
- Laminate
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bedroom Suite
- Walk-In Closet
- Bathtub with Shower
- Separate Shower
Laundry
- Laundry on main level
- Washer and Electric Dryer Hookup
Attic
- Storage In Attic
- Pull Down Stairs to Attic
Partially Finished Basement
- Sump Pump
- 1 Bathroom in Basement
- 1 Bedroom in Basement
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Covered Patio or Porch
Schools
- Cedarville Elementary School
- Leo Middle School
- Leo High School
Utilities
- Forced Air Heating and Cooling System
- High-Efficiency Furnace
- Hot Water Heating System
- Heating System Uses Gas
- Radiant Heating System
- Private Company Owned Well
- Well
- Septic System
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 02-03-15-402-002.000-082
Map
Home Values in the Area
Average Home Value in this Area
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 | $2,950 | $323,600 | $67,300 | $256,300 |
| 2022 | $2,426 | $260,200 | $56,400 | $203,800 |
| 2021 | $1,966 | $224,900 | $56,400 | $168,500 |
| 2020 | $1,971 | $217,100 | $56,400 | $160,700 |
| 2019 | $1,796 | $203,300 | $56,400 | $146,900 |
| 2018 | $1,821 | $197,400 | $41,900 | $155,500 |
| 2017 | $1,697 | $181,600 | $41,900 | $139,700 |
| 2016 | $1,580 | $171,800 | $41,900 | $129,900 |
| 2014 | $1,471 | $164,300 | $41,900 | $122,400 |
| 2013 | $1,655 | $176,300 | $41,900 | $134,400 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/27/2025 10/27/25 | Pending | -- | -- | -- |
| 10/22/2025 10/22/25 | Price Changed | $399,900 | -2.4% | $134 / Sq Ft |
| 10/09/2025 10/09/25 | For Sale | $409,900 | -- | $138 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Commonwealth-Dreibelbiss Tit |
Source: Indiana Regional MLS
MLS Number: 202540819
APN: 02-03-15-402-002.000-082
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