NOT LISTED FOR SALE

5605 Schlatter Rd Leo, IN 46765

Estimated Value: $539,000 - $569,000

5 Beds
2.5 Baths
2,626 Sq Ft
$211/Sq Ft Est. Value

Last Sold August 01, 2024

Last sale price $550,000 $209 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $3,202/month

2 Days on Market

Highlights

  • Primary Bedroom Suite
  • 5 Acre Lot
  • Whirlpool Bathtub
  • Cedarville Elementary School Rated A-
  • Partially Wooded Lot
  • Covered Patio or Porch

About This Home

As of August 2024

Beautiful, one owner, custom built home on five acres in Leo. This two-story home contains 5 bedrooms and 2.5 bathrooms. You are welcomed in the front door by the lovely landscaping and covered front porch. The foyer is a stunning entrance with the living room and woodburning fireplace to the right, the stairs adorned by the handmade rails in the center and the large formal dining room to the left. The large kitchen has custom Grabill cabinets and an oversized island and a breakfast area space. Outside of the kitchen French doors, there is a covered patio. Also on the first floor, is the master bedroom with its own covered patio, another bedroom which could be used as a den, the laundry room and a half bath. Upstairs are three bedrooms and a full bath. The 5th bedroom was built as a craft room and has a 6x8 walk-in closet. In the backyard, there are two sheds, a garden area, and a firepit. The back acreage, approx 2 acres, has a walking trail with daisies and black-eyed susans planted. If you are looking for a home and property to make memories in, this just may be it!

Last Agent to Sell the Property

Denise Borg

RE/MAX Results Brokerage Phone: 260-402-9500 Listed on: 07/01/2024

RE/MAX Results

Last Buyer's Agent

Joyce Swartz

Coldwell Banker Real Estate Group

Coldwell Banker Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,198

Year Built

  • Built in 1993

Lot Details

  • 5 Acre Lot
  • Lot Dimensions are 330x660
  • Rural Setting
  • Landscaped
  • Partially Wooded Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Gravel Driveway

Home Design

  • Slab Foundation
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Woodwork
  • Skylights
  • Wood Burning Fireplace
  • Entrance Foyer
  • Living Room with Fireplace
  • Formal Dining Room
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Kitchen Island
  • Laminate Countertops
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Suite
  • Double Vanity
  • Whirlpool Bathtub
  • Bathtub with Shower
  • Separate Shower

Laundry

  • Laundry on main level
  • Electric Dryer Hookup

Attic

  • Storage In Attic
  • Pull Down Stairs to Attic

Outdoor Features

  • Covered Patio or Porch

Schools

  • Leo Elementary And Middle School
  • Leo High School

Utilities

  • Central Air
  • Geothermal Heating and Cooling
  • Private Company Owned Well
  • Well
  • Septic System
  • TV Antenna

Community Details

  • Community Fire Pit

Listing and Financial Details

  • Assessor Parcel Number 02-03-07-300-012.000-042

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,198

Year Built

Built in 1993

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1993
  • Age: 31
  • Style: Two Story
  • Total Number of Rooms: 10
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 5
  • Total Bathrooms: 3
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Legal Description: W 330 of E 1007.2 of S 660 FT SW 1/4 SW 1/4 SEC 7
  • Parcel Number ID: 02-03-07-300-012.000-042
  • Platted: Yes
  • Amenities: 1st Bdrm En Suite, Antenna, Attic Pull Down Stairs, Attic Storage, Countertops-Laminate, Detector-Smoke, Disposal, Dryer Hook Up Electric, Eat-In Kitchen, Firepit, Foyer Entry, Garage Door Opener, Jet Tub, Kitchen Island, Landscaped, Natural Woodwork, Patio Covered, Porch Covered, Range/Oven Hook Up Elec, Six Panel Doors, Skylight(s), Twin Sink Vanity, Stand Up Shower, Tub/Shower Combination, Main Level Bedroom Suite, Formal Dining Room, Main Floor Laundry, Custom Cabinetry
  • Location: Rural
  • Road Access: City
  • Sp Lp Percent: 100
  • Year Taxes Payable: 2024
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 2626
  • Total Finished Sq Ft: 2626
  • Above Grade Finished Sq Ft: 2626
  • Price Per Sq Ft: 209.44
  • Basement Foundation: Slab
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm, Wood Burning
  • Fireplace: Yes
  • Flooring: Carpet, Laminate, Tile
  • Living Great Room: Dimensions: 15x16, On Level: Main
  • Kitchen: Dimensions: 13x14, On Level: Main
  • Breakfast Room: Dimensions: 13x9, On Level: Main
  • Dining Room: Dimensions: 15x12, On Level: Main
  • Bedroom 1: Dimensions: 13x14, On Level: Main
  • Bedroom 2: Dimensions: 11x10, On Level: Main
  • Bedroom 3: Dimensions: 14x12, On Level: Upper
  • Bedroom 4: Dimensions: 12x11, On Level: Upper
  • Bedroom 5: Dimensions: 14x12, On Level: Upper
  • Main Level Sq Ft: 1632
  • Number of Main Level Full Bathrooms: 1
  • Number of Main Level Half Bathrooms: 1

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Outbuilding1: Shed, Dimensions: 10x16, 160
  • Outbuilding2: Shed, Dimensions: 8x12, 96

Garage/Parking

  • Driveway: Concrete, Gravel
  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 20x23
  • Garage Sq Ft: 460
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Geothermal
  • Sewer: Septic
  • Water Utilities: Well
  • Electric Company: AEP/I&M
  • Cable Company: Dish Network
  • Hvac: Geothermal Hvac
  • Laundry: Dimensions: Mainx6, On Level: 8
  • Well Type: Private

Condo/Co-op/Association

  • Association Restrictions: Yes

Schools

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

Lot Info

  • Lot Description: Partially Wooded
  • Lot Dimensions: 330x660
  • Estimated Lot Sq Ft: 217800
  • Estimated Lot Size Acres: 5

Tax Info

  • Annual Taxes: 3198.4
  • Exemptions: Geothermal, Homestead

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2024
Closed on
Aug 2, 2024
Sold by
Slabaugh Richard L and Slabaugh Karen A
Bought by
Jean S Martin Trust and Hessler
Seller's Agent
Denise Borg
RE/MAX Results
Buyer's Agent
Joyce Swartz
Coldwell Banker Real Estate Group
List Price
$550,000
Sold Price
$550,000
Views
25
Current Estimated Value
$553,551

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,551
Avg. Annual Appreciation
0.56%

Purchase Details

Listed on
Jul 1, 2024
Closed on
Jul 31, 2024
Sold by
Slabaugh Richard L and Slabaugh Karen A
Bought by
Jean S Martin Trust and Hessler
Seller's Agent
Denise Borg
RE/MAX Results
Buyer's Agent
Joyce Swartz
Coldwell Banker Real Estate Group
List Price
$550,000
Sold Price
$550,000
Views
25
Source: Public Records

Range of Values:

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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
Jean S Martin Trust -- Metropolitan Title Of In
Jean S Martin Trust $550,000 Metropolitan Title Of In
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2024 08/01/24 Sold $550,000 0.0% $209 / Sq Ft
07/03/2024 07/03/24 Pending -- -- --
07/01/2024 07/01/24 For Sale $550,000 -- $209 / 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 $3,198 $422,200 $142,700 $279,500
2022 $2,882 $342,200 $118,300 $223,900
2021 $2,602 $290,800 $118,300 $172,500
2020 $2,581 $282,700 $118,300 $164,400
2019 $2,281 $278,100 $118,300 $159,800
2018 $2,298 $273,600 $105,500 $168,100
2017 $2,361 $268,200 $105,500 $162,700
2016 $2,335 $265,400 $105,500 $159,900
2014 $2,171 $251,100 $105,500 $145,600
2013 $2,225 $250,700 $107,000 $143,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202424293

Indiana Regional MLS

APN: 02-03-07-300-012.000-042