OFF MARKET

Off market may 2018 for $449K

$956,621

•

3,484

sq ft

5616 Schlatter Rd, Leo, IN 46765

About this home

Enjoy quiet living in this immaculate & move-in ready custom home tucked into a private setting of 15+ acres complete with a 3+ acre pond. This 3 bedroom, 2.5 bath ranch style home with full, finished walk-out basement provides 3500 sq. ft. of living & entertaining space. The open floorplan accommodates a great room with cathedral ceiling & brick fireplace, an adjacent dining room with elegant chandelier, and thoughtfully designed kitchen equipped with an abundance of oak cabinetry. French doors open up to the sunroom with beamed vaulted ceiling & corner fireplace. Large master suite has a deep walk-in closet & luxury en-suite bath. The finished lower level details include a third fireplace, a family room rough-plumbed for a wet bar, plus an extra room plumbed for a second kitchen. Special details include a natural wood trim package, 6-panel doors, gently arched doorways, multitude of windows to capture panoramic views, plus geo-thermal HVAC system. Exterior elements are a gated entryway, brick & vinyl home exterior, a covered patio & elevated deck. In addition to the 3 car attached heated garage, the 56x36 outbuilding/garage is ideal for the car enthusiast or hobbyist, plus 26x22 shed w/ kennels. Students will attend award-winning Leo Schools. Seller will be connecting to natural gas line.

Single-familyProperty Type

1993Year Built

15.79 acresLot Size

$275Est. Price/Sq.Ft.

3 car garageParking

Listed by James Reecer • Keller Williams Realty Group

Contact: jreecer@kw.com

Bought with April Leamon • CENTURY 21 Bradley Realty, Inc

Redfin checked: 2 minutes ago

•Source:IRMLS #201801929

Redfin Estimate

$956,621

$507K since sold in May 2018$1,000 since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 73.2% higher than the average sale price ($552K) of 6 comparable homes.

SOLD SEP 18, 2026
$500,000
A
3 beds2.5 baths2,519 sq ft
14521 Halter Rd, Leo, IN 46765
SOLD AUG 19, 2026
$439,000
B
3 beds2.5 baths1,603 sq ft
17723 Auburn Rd, Huntertown, IN 46748
SOLD APR 7, 2026
$815,000
C
3 beds2.5 baths3,564 sq ft
18232 Tonkel Rd, Auburn, IN 46706
SOLD JUL 20, 2026
$540,000
D
5 beds2.5 baths3,410 sq ft
16206 Canyon Ridge Rd, Leo, IN 46765
SOLD JUL 17, 2026
$620,000
E
4 beds2.5 baths3,682 sq ft
2125 E Gump Rd, Fort Wayne, IN 46845
SOLD AUG 27, 2026
$400,000
F
3 beds2 baths2,750 sq ft
2014 E Gump Rd, Fort Wayne, IN 46845

Claim this home to receive a free report every month with insights on the changing estimate.

Earn from this home

Sell

$602,626

Est. take-home

List your home with Redfin and save $9,566

Rent

$1,258/mo

Redfin rental estimate

List your home for rent

Market trends in 46765, IN

Last updated September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

99.4%

0.0% MoM

Median sale price

$445K

$15K MoM

Avg. days on market

15d

1 days MoM

Recently sold homes

3 MoM

New listings for sale

NEW 1 DAY AGO
$650,000
4 beds2.5 baths2,946 sq ft
14988 Leo Creek Blvd, Leo, IN 46765
OPEN TODAY, 2PM TO 4PM
$374,900
3 beds2.5 baths2,586 sq ft
10012 Hosler Rd, Leo, IN 46765
NEW 1 DAY AGO
$269,000
3 beds2 baths1,316 sq ft
11148 Shoreline Dr, Leo, IN 46765
$279,900
3 beds2 baths1,500 sq ft
14816 Michael Dr, Leo, IN 46765
FOR SALE BY OWNER
$689,990
5 beds4 baths2,292 sq ft
18095 Carne Cv, Leo, IN 46765
$1,100,000
4 beds3.5 baths3,826 sq ft
17576 Letterbrick Run, Leo, IN 46765
VIDEO TOUR
$1,775,889
10 beds7.5 baths8,387 sq ft
4728 Vandolah Rd, Leo, IN 46765
$382,500
3 beds2 baths1,628 sq ft
15296 Leo Creek Blvd, Leo, IN 46765
$575,000
3 beds2.5 baths2,400 sq ft
10505 Spamount Cv, Leo, IN 46765
$575,000
4 beds2.5 baths2,479 sq ft
17788 Letterbrick Run, Leo, IN 46765
See all

Provided by Redfin

Sale history for 5616 Schlatter Rd

Year

Property tax

Land + Additions

Assessment*

2025

$7,771 (+0.4%)

$261,100 + $472,900

$734,000

2024

$7,736 (+6.2%)

$261,100 + $415,400

$676,500

2023

$7,287 (+16.7%)

$264,600 + $412,600

$677,200

2022

$6,242 (+4.7%)

$264,600 + $325,800

$590,400

2021

$5,964 (−0.7%)

$264,600 + $248,900

$513,500

2020

$6,008 (+12.4%)

$264,600 + $237,900

$502,500

2019

$5,344 (+10.4%)

$264,600 + $231,100

$495,700

2018

$4,842 (−2.5%)

$213,700 + $232,600

$446,300

2017

$4,965 (+0.3%)

$213,700 + $219,200

$432,900

2016

$4,950 (+8.0%)

$213,700 + $219,200

$432,900

2015

$4,584 (−11.6%)

$213,700 + $192,800

$406,500

2013

$5,185

$213,700 + $189,100

$402,800

Tax history for 5616 Schlatter Rd

Year

Property tax

Land + Additions

Assessment*

2025

$7,771 (+0.4%)

$261,100 + $472,900

$734,000

2024

$7,736 (+6.2%)

$261,100 + $415,400

$676,500

2023

$7,287 (+16.7%)

$264,600 + $412,600

$677,200

2022

$6,242 (+4.7%)

$264,600 + $325,800

$590,400

2021

$5,964 (−0.7%)

$264,600 + $248,900

$513,500

2020

$6,008 (+12.4%)

$264,600 + $237,900

$502,500

2019

$5,344 (+10.4%)

$264,600 + $231,100

$495,700

2018

$4,842 (−2.5%)

$213,700 + $232,600

$446,300

2017

$4,965 (+0.3%)

$213,700 + $219,200

$432,900

2016

$4,950 (+8.0%)

$213,700 + $219,200

$432,900

2015

$4,584 (−11.6%)

$213,700 + $192,800

$406,500

2013

$5,185

$213,700 + $189,100

$402,800

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning
Permits

Beds

Baths

2.5

Stories

Lot width

—

Lot depth

—

Lot size

15.79 Acres

Year renovated

1993

Sq. Ft.

2,042

Year built

1993

Style

Single Family Residential

County

Allen County

APN

020318100002000042

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Oct 5, 2026.

Agricultural District

The Agricultural district is intended to permit a wide range of agricultural activities as well as limited types of low-density residential development and other uses customarily conducted in or associated with agricultural areas, and certain additional community-oriented uses.

Permitted uses

Include but are not limited to:

Dairy
Equestrian facility
Livestock production
Housing-Group
Housing-Single unit
Recreation
Neighborhood center
Agriculture-Cropland
Housing-Mobile home park
Timberland

Dec 16, 2025 • Active

Building - residential

Install new siding on a residential barn.

Remodel

Jan 30, 2024 • Active

Building - residential

Remove the existing deck and replace windows, doors, siding, soffit, and fascia.

Remodel

Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.

Property details

Parking

Parking/Garage Information
Has Garage
Has Attached Garage
# of Garage Spaces: 3
Parking Features: Heated Garage, Garage, Attached

Interior

Virtual Tour

Bathroom Information
# of Full Bathrooms: 2
# of Half Bathrooms: 1
# of Main Level Bathrooms: 2

Heating & Cooling
Has Cooling
Cooling: Ceiling Fan(s), Central Air, Geothermal
Has Heating
Heating: Geothermal

Interior Features
Interior Features: Cathedral Ceiling(s), Walk-In Closet(s), Ceiling Fan(s), Natural Woodwork
Appliances: Disposal, Water Softener Owned
Has Fireplace
# of Fireplaces: 3
Fireplace Features: Family Room, Living Room, Other

Room Information
# of Rooms Total: 10
Laundry Features: Gas Dryer Hookup, Lower Level
Has Basement
Basement Details: Finished, Full, Walk-Out Access

Exterior

Exterior Features
Exterior Features: Kennel
Patio And Porch Features: Deck, Patio

Building Information
Above Grade Finished Area: 2,042
Below Grade Finished Area: 1,442
# of Stories Total: 1
Construction Materials: Brick, Vinyl Siding
Foundation Details: Concrete Perimeter

Property Features
On Waterfront
Waterfront Features: Pond
Accessibility Features: Therapeutic Whirlpool
Other Structures: Workshop, Shed(s)

Property Information
Property Type: Residential
Property Sub Type: Single Family Residence
Raw Mls Property Sub Type: Site-Built Home

Lot Information
Lot Features: Waterfront, Level
Lot Size Dimensions:
Lot Size Acres: 15.79

Financial

Tax Information
Tax Annual Amount: $4,950.40

Utilities

Utility Information
Water Source: Private, Well
Sewer: Septic Tank

Location

Schools Information
School District: East Allen County
Elementary School: Leo
Middle Or Junior School: Leo
High School: Leo

Location Information
Directions: Tonkel Road north of Dupont to Schlatter, right, 1st on right.
Subdivision Name: None

Public facts

Beds: 3
Baths: 2.5
Sq. Ft.: 2,042
Stories: 1.0
Lot Size: 15.79 acres
Style: Single Family Residential
Year Built: 1993
Year Renovated: 1993
County: Allen County
APN: 020318100002000042

Home facts updated by county records on Oct 5, 2026

Other

Listing Information
List AOR: Upstate Alliance of REALTORS
AttributionContact: jreecer@kw.com

Around this home

Schools

Cedarville Elementary School

Public K-3 • Assigned • 3.0mi

10/10

Leo Junior/Senior High School

Public 7-12 • Assigned • 3.1mi

7/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

3/10 Heat Factor

7 days above 100° expected this year, 17 days in 30 years

2/10 Wind Factor

Minor risk of severe winds over next 30 years

3/10 Air Factor

2 unhealthy days expected this year, 3 days in 30 years

Provided by First Street

Historical weather

Leo, IN • 46765

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 10.8 hours in June and 3.2 hours in December, which is comparable to the U.S. average for solar exposure.

10.8 hrs

3.2 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$909,000 – $1.10M

Reach more buyers when you sell with Redfin. Save up to $9,566 in fees. 3 minutes to get started.

Need the cash from your home fast? Sell to .

Nearby similar homes

$1,080,000

4 beds1 bath1,547 sq ft

18436 Griffin Rd, Huntertown, IN 46748

$875,000

4 beds3 baths3,708 sq ft

14210 Schwartz Rd, Leo, IN 46765

$925,000

6 beds6 baths5,252 sq ft

13309 Sangiovese Pl, Fort Wayne, IN 46845

$457,000

3 beds2.5 baths1,662 sq ft

9883 Gerig Rd, Leo, IN 46765

FOR SALE BY OWNER

$695,000

4 beds5 baths4,663 sq ft

11709 Woodstream Ridge Ct, Fort Wayne, IN 46845

NEW 1 DAY AGO

$439,900

4 beds3.5 baths3,418 sq ft

11034 Cedar Trl, Fort Wayne, IN 46845

New listings for sale in 46765

NEW 1 DAY AGO3D WALKTHROUGH

$650,000

4 beds2.5 baths2,946 sq ft

14988 Leo Creek Blvd, Leo, IN 46765

OPEN TODAY, 2PM TO 4PM

$374,900

3 beds2.5 baths2,586 sq ft

10012 Hosler Rd, Leo, IN 46765

NEW 1 DAY AGO

$269,000

3 beds2 baths1,316 sq ft

11148 Shoreline Dr, Leo, IN 46765

$279,900

3 beds2 baths1,500 sq ft

14816 Michael Dr, Leo, IN 46765

FOR SALE BY OWNER

$689,990

5 beds4 baths2,292 sq ft

18095 Carne Cv, Leo, IN 46765

$1,100,000

4 beds3.5 baths3,826 sq ft

17576 Letterbrick Run, Leo, IN 46765

VIDEO TOUR

$1,775,889

10 beds7.5 baths8,387 sq ft

4728 Vandolah Rd, Leo, IN 46765

$382,500

3 beds2 baths1,628 sq ft

15296 Leo Creek Blvd, Leo, IN 46765

$575,000

3 beds2.5 baths2,400 sq ft

10505 Spamount Cv, Leo, IN 46765

Home values near 5616 Schlatter Rd

Data from public records.

Address	Redfin Estimate
5715 Schlatter Road, Leo, IN 3 Beds \| 2.5 Baths \| 2468 Sq. Ft.	$776,271
5818 Schlatter Road, Leo, IN 3 Beds \| 3.5 Baths \| 4095 Sq. Ft.	$786,766

Address	Redfin Estimate
5833 Schlatter Road, Leo, IN 3 Beds \| 1.5 Baths \| 1860 Sq. Ft.	$440,197
5605 Schlatter Road, Leo, IN 5 Beds \| 2.5 Baths \| 2626 Sq. Ft.	$594,251

Address	Redfin Estimate
5730 Schlatter Road, Leo, IN 4 Beds \| 4 Baths \| 4878 Sq. Ft.	$1,155,273
16427 Tonkel Road, Leo, IN 3 Beds \| 2.5 Baths \| 2932 Sq. Ft.	$465,810

Property information provided by IRMLS when last listed in 2018. This data may not match . Learn more.

Download the Redfin App on the Apple App Store

Download the Redfin App from the Google Play Store

Join us

Become an Agent

Get referrals

Careers

Find homes faster

About us

Find us

Subsidiaries

Affiliated Business

Countries

United States

Canada

Updated September 2025: By searching, you agree to the Terms of Use, and Privacy Policy.

Do not sell or share my personal information.

REDFIN and all REDFIN variants, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.

California DRE #01521930

Redfin is licensed to do business in New York as Redfin Real Estate. NY Standard Operating Procedures

New Mexico Real Estate Licenses

TREC: Info About Brokerage Services, Consumer Protection Notice

All mortgage lending products and information are provided by Rocket Mortgage, LLC | NMLS #3030; www.NMLSConsumerAccess.org. Licensed in 50 states. This site is not authorized by the New York State Department of Financial Services for mortgage solicitation or loan applications activities related to properties located in the State of New York.

Redfin Corporation is an affiliated business of Rocket Limited Partnership. Each company, and their subsidiaries, are separate legal entities operated and managed through its own management and governance structures.

If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.

REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.

GreatSchools Ratings provided by GreatSchools.org.

Houses for rent in Allen County	Agents near me	Munster, IN homes for sale	Allen County Housing Market
Houses for sale near me	Indianapolis, IN homes for sale	Zionsville, IN homes for sale
Land for sale near me	Carmel, IN homes for sale	Crown Point, IN homes for sale
Open Houses near me	Fishers, IN homes for sale	Allen County Property Records
Condos for sale near me	Hammond, IN homes for sale	IN New Listings

Fort Wayne homes for sale
Huntertown homes for sale
New Haven homes for sale

Grant County homes for sale
Whitley County homes for sale
DeKalb County homes for sale

About this home

Redfin Estimate

Earn from this home

Market trends in 46765, IN

Sale history for 5616 Schlatter Rd

Tax history for 5616 Schlatter Rd

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 46765

Home values near 5616 Schlatter Rd

More real estate resources