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$365,000 (Pending)

7400 SCHLATTER Road Leo, IN  46765

  • 20.00 Acres

Property Description for 7400 SCHLATTER Road Leo, IN 46765

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.

Address:7400 SCHLATTER Road Leo IN 46765
Status:Pending
on site: 181 days
Price:$365,000
Bathrooms:0
Lot Size:20.00
County: Allen County
Township: Cedar Creek
School System : East Allen County
MLS #:202421363
Property Type:Agricultural Land

Lot Dimensions:657 x 918 x 726 x 918 plus 50' x 1704' E
Directions:Tonkel Road to Schlatter Road. Turn left and go about 1 mile past Viberg Road. Land just 1000' past Viberg on the right.

Loan Price
$2,070
Price And Interest $1,904/month
Property Tax $14/month
MTG INS $0/month
HOME INS $152/month
Price
$365,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$14/month
Home Owner Insurance
$1,824 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Breakfast Room 50 x null Info Not Available

Semi-Annual Property Tax:$085
Tax Year:2021 payable 2022
Mandatory HOA Fee:$

City:Leo
Subdivision: None
Zip Code:46765

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

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 Kedric Koeppe with CENTURY 21 Bradley Realty, Inc

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

210
Avg. DOM
$200.77
Avg. $ / Sq.Ft.
$ 475,500
Med. List Price

The house prices in Leo are indeed dropping at the moment. There has been a decrease in price of $69,850.00. 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 $454,900.00 and the average price per square feet is $199.58 per square feet. At the moment, the amount of homes listed is exactly 76 houses, with 33 with active status, 2 with pending status and 41 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 $3,648.14. 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 60 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 1023 minutes ago.

At the moment we have 2 open houses that you can visit.

The cost of the most expensive home in Leo is $2,299,000.00. 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 3104.7 sq.ft. , the biggest one being 7737 sq.ft. and the smaller being 1520 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.