LKV Realty
Logo
$210,000
$1,150Reward *
15027 State Road 1 Road, Leo, IN 46765-9323Listing ID 202632418

15027 State Road 1 Road, Leo, IN 46765-9323

Pending
Time on site: 7 daysLast updated: 2 days ago
Property Type
Property Type
Residential
Property Sub Type
Property Sub Type
Manufactured On Land
Bedrooms
Bedrooms
2
Bathrooms
Bathrooms
2
Square Feet
Square Feet
2,060
Acres
Acres
0.08
Days on Site
Days on Site
4
Cooling
Cooling
Central Air
Heating
Heating
Natural Gas, Forced Air
Year Built
Year Built
1900
Garages
Garages
2
Parking
Parking
Concrete

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!

Property Information

Property Details

Location

Address
15027 State Road 1 Road
City
Leo
Zip Code
46765-9323
High School
Leo
Elementary School
Cedarville

Interior Features

Beds and Baths

Bedrooms
2
Full Bathrooms
1
Half Bathrooms
1

Building

Building Information

Square Feet
2,060
Year Built
1900
Construction
Metal Siding
Foundation
Block
Roof
Asphalt, Shingle

Property Taxes

Tax Annual Amount
$2,061
Tax Year
2026
Mike Thomas Assoc., Inc

Market Report for 46765-9323

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: Indiana Regional MLS
Indiana Regional MLS logo

IDX 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. Data is deemed reliable but is not guaranteed accurate by the MLS.

For corrections to this data please contact Brytecore MLS Support.

UP388052648