Listing Provided Courtesy of Brandon Schueler. Mike Thomas Assoc., Inc, Phone: 260-301-4399
This content last refreshed on 08/11/2026 9:01 am EDT.
About the Property
| MLS # | 202632418 |
| Status | Active |
| Property Type | Residential |
| Property SubType | Single Family Residence |
| Square Feet | 2,060 sqft |
| New Construction | No |
| Type | Site-Built Home |
| Bedrooms | 2 |
| Bathrooms | 2 (1 Full, 1 Half) |
| Year Built | 1900 |
| Days On Market | 0 |
| Design | Historic |
| Cooling | Central Air |
| Heating | Natural Gas, Forced Air |
| Garage | Detached |
| Garage Spaces | 2 |
| Sewer | Public Sewer |
| Fencing | None |
Financial
| Year Taxes Payable | 2026 |
| Assoc. Dues | N/A |

New Today
$210,000
15027 State Road 1 Road
Leo, IN 46765
Leo, IN 46765
MLS# 202632418
2,060
Sq. Ft.
2
Bed
2
Bath
2 Car
Garage
0.08
Acre(s)
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!
Map & Directions:
Listing Provided Courtesy of Brandon Schueler. Mike Thomas Assoc., Inc, Phone: 260-301-4399
This content last refreshed on 08/11/2026 9:01 am EDT.
About the Property
| MLS # | 202632418 |
| Status | Active |
| Property Type | Residential |
| Property SubType | Single Family Residence |
| Square Feet | 2,060 sqft |
| New Construction | No |
| Type | Site-Built Home |
| Bedrooms | 2 |
| Bathrooms | 2 (1 Full, 1 Half) |
| Year Built | 1900 |
| Days On Market | 0 |
| Design | Historic |
| Cooling | Central Air |
| Heating | Natural Gas, Forced Air |
| Garage | Detached |
| Garage Spaces | 2 |
| Sewer | Public Sewer |
| Fencing | None |
Financial
| Year Taxes Payable | 2026 |
| Assoc. Dues | N/A |
Dimensions & Additional Detail
| Exterior | Metal Siding |
| Lot Square Feet | 3375 |
| Lot Size | 0.08 Acres |
| Lot Dimensions | 35x75 |
| Bedroom 1 | 13 x 12 Upper Level |
| Bedroom 2 | 12 x 10 Upper Level |
| Living Room | 17 x 13 Upper Level |
| Other | 17 x 17 Main Level |
Schools
| School District | East Allen County |
| Elementary School | Cedarville |
| Middle Or Junior School | Leo |
| High School | Leo |
Location
| County | Allen |
| Subdivision | None |
| Township | Cedar Creek |
| City | Leo |
| State | IN |
| Zip | 46765 |












































