Property Description for 16702 Tonkel Road Leo, IN 46765
Welcome to your dream home, a masterpiece of elegance and comfort spanning nearly 8,000 square feet. Nestled on a picturesque 10-acre lot, this luxurious property features a tranquil pond with a fountain and aeration system, ensuring a serene and picturesque setting. As you enter, you'll be greeted by soaring ceilings, crown molding, and a blend of hardwood and ceramic tile floors. The main level offers a palatial primary suite with a spa-like ensuite complete with heated floors, tile shower, coper soaking tub, separate vanity area, and a spacious walk-in closet. Adjacent to the primary suite is a private den/office, offering a quiet retreat. Ascend the grand staircase to the second floor and discover three additional bedrooms, a full bath, and a peaceful library/sitting area with built-ins. The main level continues to impress with two hearth rooms and a formal dining room seamlessly connected to the chef's eat-in gourmet kitchen. Completely remodeled in 2018, the kitchen is a culinary enthusiast's dream, featuring stainless steel appliances, granite countertops, and an induction cooktop. An additional main level bedroom with its own ensuite provides convenience and privacy. Transition from formal spaces to entertainment zones seamlessly. Enjoy movie nights in the theater area, complete with a snack area and wet bar, or unwind by the brick fireplace in the hearth room. The exceptional billiard and rec area, ideal for pool and darts, includes a second full kitchen, a full bar, and a full bath. French doors lead to outdoor amenities that are nothing short of spectacular. A heated in-ground pool with an automatic cover, custom lighting and diving board, cozy fire pit, a charming gazebo, and ample lounging spaces, offer the ultimate in relaxation and entertainment. Upstairs, a spacious loft is perfect for workout equipment, a sauna, and tanning. A sixth bedroom with an ensuite completes the loft level, providing ample accommodation for guests or family. The basement is a sommelier’s paradise, housing a temperature-controlled wine cellar, a wine cooler, and a wet bar, perfect for hosting intimate gatherings. With four HVAC systems ensuring optimal comfort, a driveway visitor system enhancing security, a heated six-car attached garage with an additional four-car garage, and an 11-car outbuilding this property caters to the car enthusiast and those seeking unparalleled luxury.
Listing provided courtesy of John Garcia with Impact Realty LLC
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Leo Market Report
192
Avg. DOM
$200.14
Avg. $ / Sq.Ft.
$ 497,700
Med. List Price
The house prices in Leo are not dropping at the moment. There has been a increase in price of $157,612.50. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.
The housing market and house prices in Leo are going Up. The average house price is $487,700.00 and the average price per square feet is $5,980.45 per square feet. At the moment, the amount of homes listed is exactly 125 houses, with 26 with active status, 7 with pending status and 92 sold in Leo .
The most popular place to buy a home in Leo is 203 - Allen - Cedar Creek. 203 - Allen - Cedar Creek is where we have the most properties listed and there seems to be the most demand to buy a house. Some people love to live in the most popular areas of a city, and others prefer to live in an area that is less busy. Regardless of your preference, we have a vast variety of listings and agents to help you find a house in Leo .
The average amount of property taxes you would have to pay for a home in Leo is $3,768.25. It is important to consider property taxes when purchasing a home. Property taxes are tied to the value of the home. The more expensive the home is, the higher the taxes will be.
Properties in Leo are staying listed for an average of 54 days. A good way to tell if you are in a buyer's or seller's market is to look at the average days on market for homes in the area. A low number of average days on market indicate a seller's market whereas a high number of average days on market indicate a buyer's market.
The last home listed in Leo was 3426 minutes ago.
At the moment we have 4 open houses that you can visit.
The cost of the most expensive home in Leo is $182,900,000.00. There are several reasons to consider buying an expensive home. They typically have great amenities, will be in great condition, and have plenty of space inside and outside of the home. Expensive real estate usually appreciates very fast, making it a good investment if you can afford it.
The cost of the cheapest home in Leo is $142,800.00 . Buying a cheap house can have many benefits including keeping your payments low, allowing more room in your budget to customize or improve the house, as well as allowing you to pay of your mortgage faster.
The date of the oldest built home in Leo in year 1900 and the newest built house is in year 2024.
The average size of properties in Leo is 3089.23 sq.ft. , the biggest one being 7737 sq.ft. and the smaller being 1216 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.