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  • $385,000

    15451 N State Road 1, Spencerville, IN 46788

    4beds
    2,976sqft
    Single Family Residence
    Built in 1968
    1.11 Acres Lot
    $393,900 Zestimate®
    $--/sqft
    $2,633 Estimated rent

    Home value

    $393,900

    $358,000 - $433,000

    $2,633/mo

    Zestimate® history
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    What's special

    Welcome to this rare opportunity in Leo Schools. This Family Home is on 1.14 acres just outside of Leo with no HOA. The home boasts over 3,050 sq ft of living space with 1,762 Sq Ft on main level. This 4 bedroom, 3.5 bath home features multiple living spaces including family room with fireplace, a private office space and a large rec room in the finished basement. There is a large Island kitchen fully upgraded with beautiful custom cabinets and breakfast bar at the island. The lower level bedroom suite with full tiled bath and walk in shower could easily serve as an in-law/guest suite or permanent living area. Additional features in the finished basement include a walk in closet and storage room with built in shelves. A highlight of the property is the two story 24 X 36 barn (2006) with plenty of space for a workshop, hobbies, toys or storage! The large attached garage also has pull down ladder access to floored storage space above. With garage and barn, there is garage space for 4 vehicles. This home is thoughtfully updated and is move in ready. MAJOR updates done in 2025 include a new roof, new furnace/AC, carpet in all 4 bedrooms and interior paint. Additional recent upgrades include newer flooring elsewhere in the home and newer appliances.. You will enjoy this country setting with the convenience of being close to town. The property is surrounded by mature trees and is beautifully landscaped.

    Zillow last checked:

    Listing updated:

    Listed by:

    John Eager 260-450-1606,

    Eager Realty Group, Inc.

    Bought with:

    David Springer, RB14039688

    Mike Thomas Assoc., Inc

    Source: IRMLS,MLS#: 202540819MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    • Main level bedrooms: 3
    Bedroom 1
    • Level: Main
    Bedroom 2
    • Level: Main
    Family room
    • Level: Main
    • Area: 252
    • Dimensions: 18 x 14
    Kitchen
    • Level: Main
    • Area: 169
    • Dimensions: 13 x 13
    Living room
    • Level: Main
    • Area: 216
    • Dimensions: 18 x 12
    Heating
    • Natural Gas, Forced Air, Hot Water, Radiant, High Efficiency Furnace
    Cooling
    • Central Air, Ceiling Fan(s)
    Appliances
    • Included: Disposal, Range/Oven Hook Up Elec, Dishwasher, Microwave, Refrigerator, Washer, Dryer-Electric, Electric Range, Gas Water Heater
    • Laundry: Electric Dryer Hookup, Main Level, Washer Hookup
    Features
    • Breakfast Bar, Bookcases, Ceiling Fan(s), Walk-In Closet(s), Countertops-Solid Surf, Crown Molding, Eat-in Kitchen, Kitchen Island, Pantry, Stand Up Shower, Tub/Shower Combination, Main Level Bedroom Suite, Custom Cabinetry
    • Flooring: Carpet, Laminate, Tile
    • Windows: Blinds
    • Basement: Partial,Concrete,Sump Pump
    • Attic: Pull Down Stairs,Storage
    • Number of fireplaces: 1
    • Fireplace features: Family Room, Gas Log
    Interior area
    • Total structure area: 3,174
    • Total interior livable area: 2,976 sqft
    • Finished area above ground: 1,762
    • Finished area below ground: 1,214

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached, Garage Door Opener, Concrete
    • Attached garage spaces: 2
    • Has uncovered spaces: Yes
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Porch Covered
    • Fencing: None
    Lot
    • Size: 1.11 Acres
    • Features: Level, Rural, Landscaped
    Details
    • Additional structures: Second Garage
    • Parcel number: 020315402002.000082
    • Zoning: R1
    • Zoning description: Ag/Rural Res Homesite
    • Other equipment: Sump Pump

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Traditional
    • Property subtype: Single Family Residence
    Materials
    • Brick
    • Foundation: Slab
    • Roof: Dimensional Shingles
    Condition
    • New construction: No
    • Year built: 1968

    Utilities & green energy

    • Gas: NIPSCO
    • Sewer: Septic Tank
    • Water: Well
    • Utilities for property: Cable Available

    Community & HOA

    Community
    • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
    • Subdivision: None
    Location
    • Region: Spencerville

    Financial & listing details

    • Tax assessed value: $358,500
    • Annual tax amount: $3,229
    • Date on market: 10/9/2025
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Road surface type: Paved

    Price history

    DateEventPrice
    12/5/2025Sold$385,000-3.7%
    Source: IRMLS #202540819 Report a problem
    10/28/2025Pending sale$399,900
    Source: IRMLS #202540819 Report a problem
    10/22/2025Price change$399,900-2.4%
    Source: IRMLS #202540819 Report a problem
    10/9/2025Listed for sale$409,900
    Source: IRMLS #202540819 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,229 +12.3%$358,500 +10.8%
    2024$2,875 +18.5%$323,600 +6.1%
    2023$2,426 +23.4%$304,900 +17.2%
    2022$1,966 +3.7%$260,200 +15.7%
    2021$1,896 +5.5%$224,900 +3.6%
    2020$1,796 -1.3%$217,100 +6.8%
    2019$1,821 +7.3%$203,300 +3%
    2018$1,697 +7.4%$197,400 +8.7%
    2017$1,580 +7.5%$181,600 +5.7%
    2016$1,469 -0.1%$171,800 +4.6%
    2014$1,471 -11.1%$164,300 -6.8%
    2013$1,655 +8.7%$176,300 +5.7%
    2011$1,523 $166,800 -1.6%
    2010-- $169,500 -0.9%
    2007-- $171,000 +32.4%
    2005-- $129,200
    2004-- $129,200 +577.9%
    1999-- $19,060
    Find assessor info on the county website

    Neighborhood: 46788

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Cedarville
    • Middle: Leo
    • High: Leo
    • District: East Allen County

    Source: IRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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