$360,000
SOLD DEC 23, 2024

7400 Schlatter Rd Leo, IN 46765

20 Acres
$18,000 Price per Acre
871,200 Sq Ft Lot

Recently Sold

1% Below List Price

152 Days on Market

Highlights

  • 20 Acre Lot
  • Cedarville Elementary School Rated A-
  • Agricultural

About This Lot

As of December 2024

Great opportunity to own a piece of secluded property for your dream home or just simple farming. Located just east of Tonkel Road in the Leo School district this is great place to build the little family compound. Slightly rolling land so it doesn't seem like a flat corn field with tree-lined views. Could be multiple building sites, but seller is wanting to sell the entire 20 acres in one parcel. Property is accessed from a 1700 ft. easement off the road. Nice paved road location close to the north hospitals. Loads of wildlife and extreme privacy. You'll want to come take a look. Survey is available.

Last Agent to Sell the Property

Kedric Koeppe

CENTURY 21 Bradley Realty, Inc Brokerage Phone: 260-433-3300

CENTURY 21 Bradley Realty, Inc

Last Buyer's Agent

Kimberlee Miller

CENTURY 21 Bradley Realty, Inc

CENTURY 21 Bradley Realty, Inc

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $170

Lot Details

  • 20 Acre Lot
  • Property fronts an easement
  • Rural Setting
  • Finished Lot(s)
  • Subdivision Possible
  • Property is zoned A1

Schools

  • Cedarville Elementary School
  • Leo Middle School
  • Leo High School

Farming

  • Agricultural

Utilities

  • Well Required
  • Septic System

Community Details

  • The community has rules related to deed restrictions

Listing and Financial Details

  • Assessor Parcel Number 02-03-17-100-004.000-042

Property Details

Property Type

Land

Est. Annual Taxes

$170

Lot Details

0

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Agricultural Land
  • Legal Description: Metes & Bounds 20.0 +/- .10 acres
  • Parcel Number ID: 02-03-17-100-004.000-042
  • Platted: Yes
  • Cross Street: Viberg Road
  • Location: Rural
  • Road Access: County
  • Road Surface: Paved
  • Section Number: 17
  • Sp Lp Percent: 98.63
  • Parcel Description: Undeveloped
  • Road Frontage Description: 50 ft easement to site
  • Restrictions: Deed Restrictions
  • Type of Sale: Traditional
  • Can Be Subdivided: Yes
  • Options: Sell Entirely
  • Side Of Road: South
  • Type Use: Agriculture
  • County Zoning: A1
  • Year Taxes Payable: 2021 payable 2022
  • Special Features: None

Exterior Features

  • Road Frontage: Easement

Utilities

  • Water Utilities: Well Needed
  • Electric Company: Indiana Michigan Power
  • Cable Company: Mediacom
  • Electricity Type: Available
  • Sewer Type: Septic

Schools

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

Lot Info

  • Lot Dimensions: 657 x 918 x 726 x 918 plus 50' x 1704' E
  • Estimated Lot Sq Ft: 871200
  • Estimated Lot Size Acres: 20
  • Easements: Yes
  • Numbertillable Acres: 20

Tax Info

  • Annual Taxes: 170

MLS Schools

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

Map

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

Property History

Date Event Price Change Sq Ft Price
12/23/2024 12/23/24 Sold $360,000 -1.4% --
11/11/2024 11/11/24 Pending -- -- --
06/12/2024 06/12/24 For Sale $365,000 -- --
Source: Indiana Regional MLS

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 $520 $37,800 $37,800 --
2023 $520 $31,500 $31,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $288,000 Balloon
Closed $288,000 Balloon
Source: Public Records

Deed History

Date Type Sale Price Title Company
Warranty Deed -- Meridian Title
Warranty Deed $360,000 Meridian Title
Source: Public Records

Source: Indiana Regional MLS

MLS Number: 202421363

Indiana Regional MLS

APN: 02-03-17-100-004.001-042