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Directions

Tonkel Road N, just past Hosler Road.

Description

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.

Details

  • Property Details

  • MLS #:
    202611322
  • Price
    $2,800,000
  • Bedrooms
    3
  • Baths Total
    1
  • Full Baths
    1
  • Half Baths
    0
  • Approx. Lot Size Acres
    11
  • Approx. Lot Size SqFt
    479,160
  • Class
    Residential
  • DOM
    2
  • Lot Dimensions
    900 x 532
  • New Construction
    No
  • Parcel ID#
    02-03-18-301-001.000-042
  • Property Sub-Type
    Site-Built Home
  • State
    IN
  • Style
    One Story
  • Subdivision
    None
  • Total Finished SqFt
    1,175
  • Total SqFt
    1,625
  • Year Built
    1917
  • Zip
    46765-9767
  • Interior Features

  • Amenities
    Dryer Hook Up Gas/Elec, Guest Quarters, Near Walking Trail, Patio Open, Utility Sink, Sump Pump
  • Below Grade Finished SqFt
    0
  • Cooling
    Window
  • Fireplace
    Family Rm
  • Heating
    Gas, Forced Air, Multiple Heating Systems
  • Other Features

  • Exterior
    Vinyl, Wood
  • Fenced
  • Foundation
    Unfinished
  • Garage
    2 car
  • Garage Type
    Carport
  • Pool Y/N
    No
  • Water Utility
    City
  • Sewer
    City
  • Water Type
    Pond
  • Waterfront Y/N
    Yes

Last updated: April 29 2026, 9:04 AM

Listing courtesy of: David Weigand, Encore Sotheby's International Realty

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. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified.

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