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.
Learn More About 5730 Schlatter Road