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(SOLD) $550,000

5605 Schlatter Road Leo, IN  46765

  • 5 Beds
  • 3 Baths
  • 2,626 sq. Ft

Property Description for 5605 Schlatter Road Leo, IN 46765

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!

Address:5605 Schlatter Road Leo IN 46765
Status:Sold
Sold On: 8/1/2024
Price:$550,000
Bedrooms:5 Beds
Bathrooms:2 Full Baths, 1 Half Baths
Sq. Feet:2,626
Year Built:1993
Lot Size:5.00
County: Allen County
Township: Cedar Creek
School System : East Allen County
MLS #:202424293
Property Type:Site-Built Home

Lot Dimensions:330x660
Lot Description:Partially Wooded
Directions:I-69 North to Exit 317 Union Chapel. Exit Union Chapel. Continue on Union Chapel. Left on Tonkel. Right on Schlatter. Property on the left.
Total Sq. Ft. :2,626
Garage:Attached
Basement:No

Loan Price
$3,365
Price And Interest $2,869/month
Property Tax $267/month
MTG INS $0/month
HOME INS $229/month
Price
$550,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$267/month
Home Owner Insurance
$2,748 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Breakfast Room 13 x 9 Main
Master Bedroom 13 x 14 Main
2nd Bedroom 11 x 10 Main
3rd Bedroom 14 x 12 Upper
4th Bedroom 12 x 11 Upper
5th Bedroom 14 x 12 Upper
Kitchen 13 x 14 Main
Dining Room 15 x 12 Main
Living Room 15 x 16 Main

Semi-Annual Property Tax:$1,599
Tax Year:2024
Mandatory HOA Fee:$

City:Leo
Subdivision: None
Zip Code:46765

School System:East Allen County
High School:Leo
Middle School:Leo
Elementary School:Leo

Total Sq. Ft.:2,626
Appliances:Dishwasher, Refrigerator, Window Treatments, Ice Maker, Kitchen Exhaust Hood, Oven-Electric, Range-Electric, Water Heater Electric, Window Treatment-Blinds, Basketball Goal
Exterior Features:Vinyl
Fuel:Geothermal
Fireplace(s):Living/Great Rm, Wood Burning
Cool:Central Air
Heat:Geothermal
Total Rooms:10
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Fort Wayne REALTORS®

Listing provided courtesy of Denise Borg with RE/MAX Results

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than F.C. Tucker Company include the name of the listing IDX broker. This 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. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.





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 3443 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.