$840,000
OPEN SUN 1PM - 3PM

16529 N State Road 1 Spencerville, IN 46788

Estimated payment $5,164/month

Total Views 4,797
4 Beds
4 Baths
4,305 Sq Ft
$195 Price per Sq Ft

Highlights

  • Primary Bedroom Suite
  • 3.28 Acre Lot
  • Solid Surface Countertops
  • Cedarville Elementary School Rated A-
  • Vaulted Ceiling
  • Workshop

About This Home

Outdoor enthusiasts & hobbyists will appreciate the 3 connected outbuildings. One is fully climate-controlled & equipped with a professional-grade air compressor system—ideal for workshop needs. The second outbuilding provides ample storage for equipment, tools, or outdoor toys, while the third serves as a charming garden shed. Escape to your own private retreat in this beautifully crafted custom home built by Bob Buescher, nestled on 2 parcels offering 3.28 serene acres with a peaceful country ambiance just minutes from downtown Leo. This thoughtfully designed home offers an open layout that showcases artisan woodwork throughout, including custom doors, cabinetry, & trim. The gourmet kitchen features premium Grabill Cabinets with an amazing view of the backyard. Relax or entertain on one of 2 decks—one just off the kitchen & another directly accessible from the primary ensuite located on the main level. The formal dining room offers a great space to host & the den makes a great office space. Upstairs you'll find the 3 bedrooms & full bath. The daylight basement is a true showstopper with a full second kitchen, a spacious rec room, & a dedicated theatre room for movie nights. A well-designed workshop area & a private stairway to the garage make the basement as practical as it is spacious. The front of the home offers a custom patio with steps that lead to the lower level. Every inch of this home has been immaculately maintained, offering the perfect blend of luxury, comfort, & functionality in a peaceful, yet convenient location. 2021 HVAC. Don't miss out on the chance to call this place home!

Listing Agent

Emily Ewing

North Eastern Group Realty Brokerage Phone: 260-609-7344 Listed on: 07/21/2025

North Eastern Group Realty

Open House Schedule

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,148

Year Built

  • Built in 2001

Lot Details

  • 3.28 Acre Lot
  • Rural Setting
  • Landscaped
  • Level Lot

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Brick Exterior Construction
  • Shingle Roof
  • Cedar
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Entrance Foyer
  • Living Room with Fireplace
  • Workshop
  • Storage In Attic
  • Fire and Smoke Detector

Kitchen

  • Gas Oven or Range
  • Solid Surface Countertops
  • Utility Sink

Flooring

  • Carpet
  • 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

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • 1 Bathroom in Basement
  • Natural lighting in basement

Schools

  • Leo Elementary And Middle School
  • Leo High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Private Company Owned Well
  • Well
  • Septic System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 02-03-11-376-001.001-042

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,148

Year Built

Built in 2001

Lot Details

0

Parking

3

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 2001
  • Age: 24
  • Style: Two Story
  • Total Number of Rooms: 8
  • Total Number of Rooms Below Grade: 3
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 4
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 2
  • Legal Description: 2.152 A IRR TR NW COR OF SE 1/4 SW 1/4 SEC 11 & 1.131 ac Irr Tr 1327.08 ft E & 1018.87 ft N of SW Cor Sec 11
  • Parcel Number ID: 02-03-11-376-001.001-042
  • Platted: Yes
  • Amenities: 1st Bdrm En Suite, Attic Storage, Built-In Speaker System, Cable Ready, Ceiling Fan(s), Ceilings-Vaulted, Closet(s) Walk-in, Countertops-Solid Surf, Deck Open, Detector-Smoke, Dryer Hook Up Electric, Foyer Entry, Garage Door Opener, Landscaped, Range/Oven Hook Up Gas, Utility Sink, Stand Up Shower, Tub/Shower Combination, Workshop, Main Level Bedroom Suite, Main Floor Laundry, Sump Pump, Washer Hook-Up
  • Location: Rural
  • Year Taxes Payable: 2025
  • Special Features: OpenHouse
  • Stories: 2

Interior Features

  • Total Sq Ft: 4305
  • Total Finished Sq Ft: 4305
  • Above Grade Finished Sq Ft: 2684
  • Below Grade Finished Sq Ft: 1621
  • Price Per Sq Ft: 312.97
  • Basement: Yes
  • Basement Foundation: Daylight, Full Basement, Finished
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm
  • Fireplace: Yes
  • Flooring: Carpet, Tile
  • Living Great Room: Dimensions: 18x16, On Level: Main
  • Kitchen: Dimensions: 12x12, On Level: Main
  • Breakfast Room: Dimensions: 12x12, On Level: Main
  • Dining Room: Dimensions: 13x12, On Level: Main
  • Family Room: Dimensions: 25x17, On Level: Basement
  • Den: Dimensions: 13x11, On Level: Main
  • Extra Room: Dimensions: 20x16, On Level: Basement
  • Bedroom 1: Dimensions: 16x13, On Level: Main
  • Bedroom 2: Dimensions: 14x13, On Level: Upper
  • Bedroom 3: Dimensions: 13x12, On Level: Upper
  • Bedroom 4: Dimensions: 13x11, On Level: Upper
  • Number Below Grade Bathrooms: 1
  • Number of Main Level Full Bathrooms: 1
  • Number of Below Grade Half Bathrooms: 1
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 1621

Exterior Features

  • Exterior: Brick, Cedar, Vinyl
  • Roof Material: Shingle
  • Outbuilding1: Pole/Post Building, Dimensions: 40x30
  • Outbuilding2: Outbuilding, Dimensions: 29x28, 812

Garage/Parking

  • Driveway: Asphalt
  • Garage Type: Attached
  • Garage Number Of Cars: 3
  • Garage Size: Dimensions: 33x24
  • Garage Sq Ft: 792
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Septic
  • Water Utilities: Well
  • Laundry: Dimensions: Mainx5, On Level: 9
  • Well Size: 5 Inches
  • Well Type: Private

Schools

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

Lot Info

  • Lot Description: Level, 3-5.9999
  • Lot Dimensions: Survey Attached
  • Estimated Lot Sq Ft: 142920
  • Estimated Lot Size Acres: 3.281

Tax Info

  • Annual Taxes: 7148.24
  • Total Assessed Value: 700300
  • Exemptions: Homestead

MLS Schools

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

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

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 $4,639 $635,400 $77,300 $558,100
2023 $4,639 $550,300 $68,800 $481,500
2022 $4,199 $499,100 $68,800 $430,300
2021 $3,619 $406,900 $68,800 $338,100
2020 $3,566 $394,000 $68,800 $325,200
2019 $3,123 $384,300 $68,800 $315,500
2018 $3,057 $364,500 $50,200 $314,300
2017 $3,121 $356,600 $50,200 $306,400
2016 $3,106 $354,400 $50,200 $304,200
2014 $2,821 $328,300 $50,200 $278,100
2013 $2,824 $322,200 $50,200 $272,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2025 07/21/25 For Sale $840,000 -- $195 / Sq Ft
Source: Indiana Regional MLS

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $102,000 New Conventional
Previous Owner $96,500 Credit Line Revolving
Source: Public Records

Source: Indiana Regional MLS

MLS Number: 202528435

Indiana Regional MLS

APN: 02-03-11-376-001.001-042

Indiana Allen County Spencerville 46788

16529 N State Road 1, Spencerville, IN

This home is located at 16529 N State Road 1, Spencerville, IN 46788 and is currently priced at $840,000, approximately $195 per square foot. This property was built in 2001. 16529 N State Road 1 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.

Nearby Homes
Emily Ewing
Listing Agent
Emily Ewing
Section Image
North Eastern Group Realty
(260) 308-5475