15027 State Road 1 Road, Leo, IN 46765

Leo
Local realty services provided by:ERA Crossroads
15027 State Road 1 Road,Leo, IN 46765
$210,000
Virtual Tour
  • 2 Beds
  • 2 Baths
  • 2,060 sq. ft.
  • Single family
  • Active
Listed by: brandon schueler, brandon schueler
Office: mike thomas assoc., inc
MLS#:202632418
Source:Indiana Regional MLS

Price summary

  • Price:$210,000
  • Price per sq. ft.:$101.94

About this home

Unique Mixed-Use Opportunity in the Heart of Leo! Located in the town center of Leo, 15027 State Road 1 offers a versatile property with endless possibilities for an investor, business owner, or owner-occupant. The second floor features a two-bedroom, one-full-bath apartment with cathedral ceilings, providing immediate residential use or rental income potential. The main level offers flexible commercial space ideal for retail, professional office, studio, or service-based use. For those looking to maximize the property’s residential potential, the main floor could also be renovated into an additional apartment, creating a potential multi-unit investment opportunity. Outside, the property includes a detached two-car garage and a small side yard, adding valuable storage, parking, and outdoor space. With its central Leo location and combination of residential and commercial possibilities, this property offers a unique opportunity to create a space that fits a variety of needs!

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Home facts

  • Year built:1900
  • Subdivision & Development:None
  • Listing ID #:202632418
  • Added:2 day(s) ago
  • Updated:August 12, 2026 at 03:38 PM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:2
  • Full bathrooms:1
  • Rooms Total:7
  • Flooring:Carpet, Vinyl
  • Basement Description:Cellar
  • Living area:2,060 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Forced Air, Gas

Structure and exterior

  • Roof:Asphalt, Shingle
  • Year built:1900
  • Building area:2,060 sq. ft.
  • Lot area:0.08 Acres
  • Lot Features:Corner
  • Architectural Style:Historic, Two Story
  • Construction Materials:Metal
  • Levels:2 Stories

Schools

  • High school:Leo
  • Middle school:Leo
  • Elementary school:Cedarville

Utilities

  • Water:City
  • Sewer:City

Finances and disclosures

  • Price:$210,000
  • Price per sq. ft.:$101.94
  • Tax amount:$2,061

Features and amenities

  • Laundry features:On Upper Level

Parking

  • Parking description:Concrete Driveway, Detached
  • Garage spaces:2
IRMLS information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IRMLS Data is deemed reliable but is not guaranteed accurate by the MLS. IRMLS information provided by the Indiana Regional MLS. Copyright 2026 Indiana Regional MLS LLC.

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