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Sale Pending at 15027 State Rd 1, Leo, IN 46765 | MLS# 202632418 | Listing updated on 2026-09-29
Photo 1 of Sale Pending at 15027 State Rd 1, Leo, IN 46765 | MLS# 202632418 | Listing updated on 2026-09-29
Photo 2 of Sale Pending at 15027 State Rd 1, Leo, IN 46765 | MLS# 202632418 | Listing updated on 2026-09-29
Photo 3 of Sale Pending at 15027 State Rd 1, Leo, IN 46765 | MLS# 202632418 | Listing updated on 2026-09-29
Photo 4 of Sale Pending at 15027 State Rd 1, Leo, IN 46765 | MLS# 202632418 | Listing updated on 2026-09-29
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$210,000

Monthly Est:$1,045

  • Beds Icon2 Beds
  • Beds Icon
    2 Baths
  • Beds Icon2,060sqft

15027 State Rd 1, Leo, IN 46765

$1,045/moEst:

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  • Manufactured On Land

  • Built in 1900

  • $-- HOA

  • 3,375 sqft lot

  • $102/sq.ft

Description

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!

  • Houzeo last checked: 5 hours ago (October 7, 2026 at 6:00 am)
  • Listing updated: September 29, 2026 at 9:55 pm
  • Listing Provided by: Brandon Schueler (260) 301-4399 | Mike Thomas Assoc., Inc
  • Source: Indiana Regional MLS-IN | MLS#: 202632418 Indiana Regional MLS-IN

Property Details

  • Status

    Pending

  • Type

    Manufactured Mobile Home

  • No. of Stories

    -

  • County

    --

  • City

    Leo

  • Neighborhood

    --

  • Year Built

    1900

  • HOA Fees

    -

  • Finished Area

    2,060 sqft

  • Lot Size

    3,375 sqft lot

  • Basement Area

    - sqft

  • MLS Name

    Indiana Regional MLS

  • MLS Number

    202632418

  • MLS Status

    Pending

  • Days on Market

    57

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Location

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedrooms: 2

    Bathrooms: 2

Interior

  • Sewer

    City

  • Flooring

    Carpet, Vinyl

  • Cooling

    Central Air

  • Heating

    Natural Gas, Forced Air

Construction

  • Year Built

    Year Built: 1900

  • Home type

    Manufactured On Land

  • Architectural Style

    Historic

  • Construction Materials

    Metal Siding

  • Roof

    Asphalt, Shingle

  • Foundation Details

    Block

Utilities & Energy

  • Parking Features

    Concrete

  • Basement

    Cellar

  • Water Source

    Well

  • Fireplace Features

    None

Other Features

  • Subdivision Name

    None

  • Lot Features

    Corner Lot

Price History

DateEventPrice

09/28/2026

Source: mls_logoIndiana Regional MLS-IN #202632418

Pending

$210,000

$102/sqft

Getting Around 15027 State Rd 1

Bike Score®

Bike Score

Somewhat Bikeable

34/100

Walk Score®

Walk Score

Car-Dependent

43/100

Data provided by Redfin

Nearby Homes

IDX information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.

Advertising Broker: Jonah Hartsburg | Hoosier Hub Realty