15514 Tonkel Road, Leo, IN 46765

Leo
Local realty services provided by:ERA Crossroads
15514 Tonkel Road,Leo, IN 46765
$2,800,000
Virtual Tour
  • 3 Beds
  • 1 Baths
  • 1,175 sq. ft.
  • Single family
  • Active
Listed by: david weigand, david weigand
Office: encore sotheby's international realty
MLS#:202611322
Source:Indiana Regional MLS

Price summary

  • Price:$2,800,000
  • Price per sq. ft.:$1,723.08

About this home

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...

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Home facts

  • Year built:1917
  • Listing ID #:202611322
  • Added:93 day(s) ago
  • Updated:July 05, 2026 at 03:55 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:1
  • Full bathrooms:1
  • Rooms Total:5
  • Kitchen Description:Dishwasher, On Main Level, Range-Electric, Refrigerator
  • Basement Description:Unfinished
  • Living area:1,175 sq. ft.

Heating and cooling

  • Cooling:Window
  • Heating:Forced Air, Gas, Multiple Heating Systems

Structure and exterior

  • Year built:1917
  • Building area:1,175 sq. ft.
  • Lot area:11 Acres
  • Lot Features:Partially Wooded
  • Architectural Style:One Story
  • Construction Materials:Vinyl, Wood
  • Exterior Features:Near Walking Trail, Patio Open
  • Levels:1 Story

Schools

  • High school:Carroll
  • Middle school:Maple Creek
  • Elementary school:Perry Hill

Utilities

  • Water:City
  • Sewer:City

Finances and disclosures

  • Price:$2,800,000
  • Price per sq. ft.:$1,723.08
  • Tax amount:$7,712

Features and amenities

  • Laundry features:Dryer Hook Up Gas/Electric
  • Amenities:Guest Quarters, Sump Pump

Parking

  • Parking description:Carport, Off Street Parking
  • 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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