15514 Tonkel Road, Leo, Indiana

House for Sale in Leo

15514 Tonkel Road, Leo, IN

  • CA$3,532,760
  • 3 BEDS
  • 1 BATHS
  • 1,175 sq.ft. Home

House for Sale in Leo

15514 Tonkel Road, Leo, IN

  • CA$3,532,760
  • 3 BEDS
  • 1 BATHS
  • 1,175 sq.ft. Home

Key Facts

  • MLS® #: 202611322
  • Property ID: SIRC3227349
  • Original Price: USD 2,800,000
  • Property Type: Residential, Single Family Detached
  • Style: 1 Level Ranch
  • Living Area: 1,175 sq.ft.
  • Lot Size: 11 ac
  • Bedrooms: 3
  • Bathrooms: 1

Property Description

Unique opportunity to own two parcels totaling 11 acres in a prime location in growing Leo and northwest Fort Wayne, offering exceptional flexibility for residential, business, or investment use. The primary 10.2-acre parcel features a 1,200 sq ft, three-bedroom ranch alongside a large flex building with recently expanded office space—ideal for a home-based business, workshop, or operations hub. The main barn features all concrete floors, providing durability and versatility for a variety of uses. Three expansive pole barns offer substantial capacity for equipment, materials, or tenant use. The main building is fully linked to the middle barn (Building 3), enhancing functionality for operations and communications. The home and buildings on this parcel are currently producing rental income, with existing leases that include a tree service, communications company, residential tenant, and additional storage rentals—delivering immediate cash flow for the next owner. A well-maintained pond adds both functionality and scenic appeal. The second parcel, spanning 0.8 acres, includes its own three-bedroom ranch with a separate driveway—well-suited for multi-generational living, guest accommodations, or additional rental income. With strong potential for construction operations, specialized storage and logistics, future residential development, or even a wedding/event venue, this property offers a rare combination of location, acreage, infrastructure, and income-producing capability. This property currently houses a business conducting active operations, therefore earliest possession is July 1st. The property will be clear of all equipment in the coming months.

Amenities

  • Pond

Listing Agents

  • David Weigand

    C. 260.433.9787

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Location

15514 Tonkel Road, Leo, Indiana, 46765 United States

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Marketed By

Encore Sotheby's International Realty
1690 Broadway Street Building 19, Suite 10
Fort Wayne, Indiana, 46802
United States

2608541212

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