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Olinger & Associates, Inc.
5730 Schlatter Rd, Leo, IN 46765-9596
- $1,087,500
- 4
- BD
- 5
- BA
- 4,878
- SqFt
Listing courtesy of Brandon Schueler from Mike Thomas Assoc., Inc.
Selling Office: Mike Thomas Assoc., Inc.- Sold Price
- $1,087,500
- List Price
- $1,149,900
- Status
- CLOSED
- MLS#
- 202541317
- Closing Date
- Dec 03, 2025
- Style
- Ranch
- Year Built
- 1997
- Days On Market
- Unknown
- Bedrooms
- 4
- Bathrooms
- 5
- Half-baths
- 2
- Living Area
- 4,878
- Township
- Cedar Creek
Property Description
Welcome to your private oasis set on 5.5 acres in the highly desired Leo school district! This sprawling 5-bedroom, 3 full and 2 half bath ranch on a walkout basement offers over 4,800 finished square feet of beautifully designed living space. The open main level features spacious living areas, a well-appointed kitchen, and large windows that showcase the serene property views. The walkout basement is an entertainer’s dream with a full second kitchen, two additional bedrooms, Theater Room, a full bath, half bath, second laundry, and a private entrance from the garage—perfect for multi-generational living or guest quarters. Outside, enjoy your very own stocked pond with beach area, including a new fountain (Fall 2023) that is seasonally serviced. The property also includes a new 70x30 pole building with an office, bathroom, and temperature-controlled environment—ideal for a workshop, business, or hobby space. Additional highlights include a three-car attached garage, geothermal heating and cooling (extensively cleaned and serviced in 2024), a new well pump and pressure tank (Fall 2024), and a Kinetico whole-house water filtration system. The building also features a large propane-powered heater for year-round comfort. This rare property combines privacy, functionality, and luxury—offering a peaceful retreat with modern conveniences just minutes from town.
Additional Information
- Acres
- 5.50
- Taxes
- $4,669
- Lot Features
- Level, Part Wooded
- Water
- Well
- Heating
- Geothermal
- Cooling
- Central Air
- Flooring
- Hardwood, Carpet, Laminate, Tile
- School District
- East Allen County
- Elementary School
- Cedarville
- Middle School
- Leo
- High School
- Leo
- Agent Name
- Brandon Schueler
Listings courtesy of Indiana Regional MLS as distributed by MLS GRID. 