5730 Schlatter Road Leo, IN 46765

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Ranch • 28Y Old

$1,149,900

5730 Schlatter Road

4 Bedrooms 2 on Main Level
5 Bathrooms 3 Full, 2 Half
4878 sqft
5.50 Acres
3 Car Garage Attached 29 × 28 (812 sqft)
Property Description

Welcome to your private oasis set on 5.5 acres in the highly desired Leo school district! This sprawling 5-bedroom, 3 full and 2 half bath ranch on a walkout basement offers over 4,800 finished square feet of beautifully designed living space. The open main level features spacious living areas, a well-appointed kitchen, and large windows that showcase the serene property views. The walkout basement is an entertainer’s dream with a full second kitchen, two additional bedrooms, Theater Room, a full bath, half bath, second laundry, and a private entrance from the garage—perfect for multi-generational living or guest quarters. Outside, enjoy your very own stocked pond with beach area, including a new fountain (Fall 2023) that is seasonally serviced. The property also includes a new 70x40 pole building with an office, bathroom, and temperature-controlled environment—ideal for a workshop, business, or hobby space. Additional highlights include a three-car attached garage, geothermal heating and cooling (extensively cleaned and serviced in 2024), a new well pump and pressure tank (Fall 2024), and a Kinetico whole-house water filtration system. The building also features a large propane-powered heater for year-round comfort. This rare property combines privacy, functionality, and luxury—offering a peaceful retreat with modern conveniences just minutes from town.

Directions

North on Tonkel Rd; Turn right onto Schlatter Rd; Turn right; Continue straight; Home will be on the right

Amenities

Attic Storage, Ceiling-9+, Ceiling-Cathedral, Ceiling Fan(s), Closet(s) Walk-in, Countertops-Solid Surf, Countertops-Stone, Crown Molding, Deck Open, Detector-Carbon Monoxide, Detector-Smoke, Disposal, Dryer Hook Up Electric, Firepit, Foyer Entry, Garage Door Opener, Jet Tub, Landscaped, Pantry-Walk In, Porch Screened, Range/Oven Hook Up Elec, Split Br Floor Plan, Utility Sink, Stand Up Shower, Tub/Shower Combination, Workshop, Main Level Bedroom Suite, Main Floor Laundry, Sump Pump, Washer Hook-Up, Custom Cabinetry, Garage Utilities

Sale Includes

Dishwasher, Microwave, Refrigerator, Window Treatments, Cooktop-Electric, Oven-Electric, Range-Electric, Sump Pump, Water Heater Electric, Water Softener-Owned, Window Treatment-Blinds

Map to 5730 Schlatter Road, Leo, IN 46765

Property
MLS # 202541317
Date Listed 2025-10-12
Status Active
Property Type Residential
Property SubType Site-Built Home
Finished Square Feet 4878 sqft
Total Square Feet 5773 sqft
New Construction No
Style One Story
Type Site-Built Home
Basement Yes
Bedrooms 4
Bathrooms 5 (3 Full, 2 Half)
Annual Taxes $4,669.78
Year Taxes Payable 2025
Year Built 1997
Virtual Tour propertypanorama.com »
Days on Market 0
Additional
Design Ranch
Cooling Central Air
Heating Geothermal
Garage Attached
Hardwood Floors 1
Main Level Laundry Yes
Outbuilding Pole/Post Building, Shed
Room Dimensions
Living Room 18 × 28 Main Level
Dining Room 15 × 12 Main Level
Kitchen 14 × 24 Main Level
Den 12 × 15 Main Level
Master Bedroom 16 × 22 Main Level
2nd Bedroom 10 × 14 Main Level
3rd Bedroom 23 × 13 Lower Level
4th Bedroom 15 × 11 Lower Level
Recreation Room 18 × 27 Lower Level
Extra Room 14 × 18 Lower Level
Bathroom Locations
Full Baths 2 Main, 1 Lower
Half Baths 1 Main, 1 Lower
External Features
Construction Site-Built Home
Exterior Brick,Vinyl
Lot Size 239,580 sq ft
Acreage 5.50 Acres
Lot Dimensions 316x712
Parking No
Out Buildings Pole/Post Building
Sewer Septic
Water Well
Fence Partial,Metal
Location
Area Allen County
Location Rural
County Allen
Subdivision None
Township Cedar Creek
City Leo
State IN
Zip 46765
Schools
School District East Allen County
Elementary Cedarville
Middle School Leo
High School Leo
Financial
Financing Terms Cash, Conventional
Assoc. Dues $0.00 Not Applicable

MLS# 202541317
Listing Provided Courtesy of Brandon Schueler
Mike Thomas Assoc., Inc

Listing updated October 12, 2025 at 10:45 am
Last checked 13 minutes ago

IDX information provided by the Indiana Regional MLS. 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.

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