15514 Tonkel Road, Leo, IN

$2,800,000

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3

Beds

1

Bath

1,175

Square feet

11.00

Acres

About 15514 Tonkel Road

Unique opportunity to own two parcels totaling 11 acres in a prime location in growing Leo and northwest Fort Wayne, offering exceptional flexibility for residential, business, or investment use. The primary 10.2-acre parcel features a 1,200 sq ft, three-bedroom ranch alongside a large flex building with recently expanded office spaceâideal for a home-based business, workshop, or operations hub. The main barn features all concrete floors, providing durability and versatility for a variety of uses. Three expansive pole barns offer substantial capacity for equipment, materials, or tenant use. The main building is fully linked to the middle barn (Building 3), enhancing functionality for operations and communications. The home and buildings on this parcel are currently producing rental income, with existing leases that include a tree service, communications company, residential tenant, and additional storage rentalsâdelivering immediate cash flow for the next owner. A well-maintained pond adds both functionality and scenic appeal. The second parcel, spanning 0.8 acres, includes its own three-bedroom ranch with a separate drivewayâwell-suited for multi-generational living, guest accommodations, or additional rental income. With strong potential for construction operations, specialized storage and logistics, future residential development, or even a wedding/event venue, this property offers a rare combination of location, acreage, infrastructure, and income-producing capability. This property currently houses a business conducting active operations, therefore earliest possession is July 1st. The property will be clear of all equipment in the coming months.

Features of 15514 Tonkel Road

MLS® # 202611322
Price $2,800,000
Bedrooms 3
Bathrooms 1.00
Full Baths 1
Square Footage 1,175
Acres 11.00
Year Built 1917
Type Residential
Sub-Type Site-Built Home
Status Active

Community Information

Address 15514 Tonkel Road
Subdivision None
City Leo
County Allen County
State IN
Zip Code 46765

Amenities

Features Dryer Hook Up Gas/Elec, Guest Quarters, Near Walking Trail, Patio Open, Utility Sink, Sump Pump
# of Garages 2
Garages Carport
Is Waterfront Yes
Waterfront Pond
Has Pool No

Interior

Heating Gas, Forced Air, Multiple Heating Systems
Cooling Window
Fireplace Yes
# of Fireplaces 1
Fireplaces Family Rm
Stories One Story
Has Basement Yes
Basement Unfinished

Exterior

Exterior Vinyl, Wood
Lot Description Partially Wooded, Waterfront, 10-14.999
Construction No

School Information

District Northwest Allen County
Elementary Perry Hill
Middle Maple Creek
High Carroll

Additional Information

Days on Market 132
Zoning A3
Foreclosure No
RE / Bank Owned No
HOA Fees Freq. Not Applicable

Listing Details

AgentDavid Weigand
OfficeEncore Sotheby's International Realty

Listing Map

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