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(SOLD) $1,150,000

8710 Schlatter Road Leo, IN  46765-9787

  • 5 Beds
  • 9 Baths
  • 10,012 sq. Ft

Property Description for 8710 Schlatter Road Leo, IN 46765-9787

Enjoy nature’s beauty every day of the year if you purchase this 33 acre wooded estate in the highly desirable Leo area. Absolutely perfect for the new owner who wants privacy, hunting grounds or just the beautiful views of nature and wildlife. This huge lofted ranch was designed to take advantage of the these views with extensive use of window glass, exterior balconies, decking, patios, as well as a sunroom and screen porch all overlooking the serene acreage setting. Being constructed by Chris Stauffer assures you of quality and craftsmanship while the 10,000 sq ft of living area provides plenty of space to enjoy family and friends. This large home has several areas to highlight. The first floor has a 1000 sq ft in-law suite complete with great room, kitchen, bedroom, full bath, laundry area, screen porch and 2 car garage. A barreled ceiling foyer leads to a spacious dining room with fireplace to the left and to a cozy great room with wall of built-ins straight ahead. To the left of the great room is the large open kitchen that features a huge U-shaped island, with eating bar, cathedraled nook with a wall of windows and massive stone fireplace, newer stainless appliances, custom Madison cabinets, hardwood flooring and a huge walk-in pantry. Directly off the kitchen is a computer area with built in desks and shelves. Finally you have a dramatic owner’s suite with sitting room, his and hers baths, bedroom, laundry area and sunroom with 2-way fireplace to the bedroom. In addition to the 2 car garage you have a second 4 car garage at this end of the home. Also off the computer work area there is open staircase to the 2nd floor loft/den area complete with a half bath. The den has a wall of built-ins and vaulted ceiling. The cozy loft is perfect for reading with lots of built-in shelves for books. Going down the tiered open stairs to the finished walkout lower level you immediately enter a billiard/game room with kitchenette/bar area. Just around the corner from the game room is TV area with a wall of built-ins. In addition on this level you have additional bedrooms & baths plus a huge exercise area with full bath and massage room. In total, there are 6 full baths, 3 half baths, 3 laundry areas, 4 fireplaces, potentially 6 bedrooms and 6 car garage spaces.

Address:8710 Schlatter Road Leo IN 46765-9787
Status:Sold
Sold On: 12/8/2023
Price:$1,395,000
Bedrooms:5 Beds
Bathrooms:6 Full Baths, 3 Half Baths
Sq. Feet:10,012
Year Built:2001
Lot Size:33.40
County: Allen County
Township: Cedar Creek
School System : East Allen County
MLS #:202306119
Property Type:Site-Built Home

Lot Dimensions:See legal/meets and bounds
Lot Description:Irregular,Partially Wooded,15+
Directions:North on Tonkel, turn right (east), go 2.5 miles to driveway on the right. Address on mailbox. Driveway .2 miles long.
Total Sq. Ft. :10,012
Garage:Attached
Basement:Yes

Loan Price
$7,623
Price And Interest $5,999/month
Property Tax $1,145/month
MTG INS $0/month
HOME INS $479/month
Price
$1,150,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$1,145/month
Home Owner Insurance
$5,748 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Breakfast Room 8 x 8 Main
Master Bedroom 20 x 15 Main
2nd Bedroom 16 x 13 Main
3rd Bedroom 10 x 21 Lower
4th Bedroom 18 x 17 Lower
5th Bedroom 20 x 13 Lower
Kitchen 23 x 17 Main
Family Room 24 x 16 Lower
Dining Room 18 x 17 Main
Living Room 20 x 18 Main
Den 22 x 19 Upper

Semi-Annual Property Tax:$6,870
Tax Year:2023
Mandatory HOA Fee:$

City:Leo
Subdivision: None
Zip Code:46765-9787

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

Total Sq. Ft.:10,012
Appliances:Dishwasher, Microwave, Refrigerator, Washer, Cooktop-Gas, Oven-Built-In, Water Heater Electric, Water Softener-Owned
Exterior Features:Stone, Vinyl
Fuel:Propane, Forced Air
Fireplace(s):Breakfast Room, Dining Rm, 1st Bdrm, 2nd Bdrm, Wood Burning Stove
Cool:Central Air
Heat:Propane, Forced Air
Total Rooms:11
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Fort Wayne REALTORS®

Schools in 8710 Schlatter Road Leo, IN  46765-9787


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Listing provided courtesy of Craig Martin with North Eastern Group Realty

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

168
Avg. DOM
$200.8
Avg. $ / Sq.Ft.
$ 499,450
Med. List Price

The house prices in Leo are indeed dropping at the moment. There has been a decrease in price of $51,730.65. 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 Down. The average house price is $499,000.00 and the average price per square feet is $198.17 per square feet. At the moment, the amount of homes listed is exactly 107 houses, with 17 with active status, 8 with pending status and 82 sold in Leo .

The most popular place to buy a home in Leo is . 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 $2,815.86. 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 98 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 2170 minutes ago.

At the moment we have 1 open houses that you can visit.

The cost of the most expensive home in Leo is $1,395,000.00. 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 $349,900.00 . 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 1964 and the newest built house is in year 2024.

The average size of properties in Leo is 3046.71 sq.ft. , the biggest one being 5139 sq.ft. and the smaller being 1547 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.