15514 Tonkel Road, Leo, IN 46765-9767
15514 Tonkel Road, Leo, IN 46765-9767
15514 Tonkel Road, Leo, IN 46765-9767
10
See all 10 photos
$2,800,000
Est. payment /mo
3 Beds
1 Bath
1,175 SqFt
Active

15514 Tonkel Road Leo, IN 46765-9767

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Key Details

Property Type Single Family Home

Sub Type Site-Built Home

Listing Status Active

Purchase Type For Sale

Square Footage 1,175 sqft

MLS Listing ID 202611322

Style One Story

Bedrooms 3

Full Baths 1

Abv Grd Liv Area 1,175

Total Fin. Sqft 1175

Year Built 1917

Annual Tax Amount $7,712

Tax Year 2025

Lot Size 11.000 Acres

Property Sub-Type Site-Built Home

Property Description

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 adds both functionality and scenic appeal. The second parcel, spanning 0.8 acres, includes its own three-bedroom ranch with a separate driveway—well-suited for multi-generational living, guest accommodations, or additional rental income. With strong potential for construction operations, specialized storage and logistics, future residential development, or even a wedding/event venue, this property offers a rare combination of location, acreage, infrastructure, and income-producing capability. This property currently houses a business conducting active operations, therefore earliest possession is July 1st. The property will be clear of all equipment in the coming months.

Location

State IN

County Allen County

Area Allen County

Direction Tonkel Road N, just past Hosler Road.

Rooms

Family Room 0 x 0

Basement Unfinished

Dining Room 0 x 0

Kitchen Main, 8 x 11

Interior

Heating Gas, Forced Air, Multiple Heating Systems

Cooling Window

Fireplaces Number 1

Fireplaces Type Family Rm

Appliance Dishwasher, Refrigerator, Range-Electric, Sump Pump, Water Heater Gas, Gazebo

Laundry Main, 0 x 0

Exterior

Parking Features Carport

Garage Spaces 2.0

Amenities Available Dryer Hook Up Gas/Elec, Guest Quarters, Near Walking Trail, Patio Open, Utility Sink, Sump Pump

Waterfront Description Pond

Building

Lot Description Partially Wooded, Waterfront, 10-14.999

Story 1

Foundation Unfinished

Sewer City

Water City

Structure Type Vinyl,Wood

New Construction No

Schools

Elementary Schools Perry Hill

Middle Schools Maple Creek

High Schools Carroll

School District Northwest Allen County

Others

Virtual Tour https://www.propertypanorama.com/instaview/irmls/202611322


Indiana Regional MLS (IRMLS)
Listed by David Weigand • Encore Sotheby's International Realty

NEARBY SCHOOL & BUSINESS

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Timothy Vicsik

Timothy Vicsik

Broker Associate | RB14051798

+1(574) 329-9587

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15514 Tonkel Road