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Listed with David Weigand, Encore Sotheby's International Realty

Price $2,800,000
Status Active
Beds 3
Baths 1 Bath
Home size 1,175 sqft
Lot Size 11.00 ac
Days on Market 2
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 space"”ideal 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 rentals"”delivering 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 driveway"”well-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.
Property Type(s): Single Family
Last Updated 4/3/2026 Tract None
Year Built 1917 Garage Spaces 2.0
County Allen

SCHOOLS

School District Northwest Allen County
Elementary School Perry Hill
Jr. High School Maple Creek
High School Carroll

Additional Details

AIR Window Unit(s)
AIR CONDITIONING Yes
APPLIANCES Dishwasher, Electric Range, Gas Water Heater, Refrigerator, Water Heater
BASEMENT Sump Pump, Unfinished, Yes
CONSTRUCTION Vinyl Siding, Wood Siding
FIREPLACE Yes
GARAGE Yes
HEAT Forced Air, Natural Gas
LOT 11 acre(s)
LOT DESCRIPTION Waterfront, Wooded
LOT DIMENSIONS 900 x 532
PARKING Off Street, Carport
SEWER Public Sewer
STORIES 1
STYLE 1 Level
SUBDIVISION None
TAXES 7712
WATER Public
WATERFRONT Yes
WATERFRONT DESCRIPTION Pond
Listed with David Weigand, Encore Sotheby's International Realty
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Indiana Regional MLS®. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it 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.
Copyright© 2026 IRMLS. All rights reserved.
Last Updated On: 4/5/26 11:20 AM PDT
Walk Score provided by walkscore.com

This IDX solution is (c) Diverse Solutions 2026.

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