5730 Schlatter Rd

4,878 Sq. Ft.
$223 / Sq. Ft.
4,878
Sq. Ft.
$223
per Sq. Ft.

Description

Welcome to your private oasis set on 5.5 acres in the highly desired Leo school district! This sprawling 5-bedroom, 3 full and 2 half bath ranch on a walkout basement offers over 4,800 finished square feet of beautifully designed living space. The open main level features spacious living areas, a well-appointed kitchen, and large windows that showcase the serene property views. The walkout basement is an entertainer’s dream with a full second kitchen, two additional bedrooms, Theater Room, a full...Welcome to your private oasis set on 5.5 acres in the highly desired Leo school district! This sprawling 5-bedroom, 3 full and 2 half bath ranch on a walkout basement offers over 4,800 finished square feet of beautifully designed living space. The open main level features spacious living areas, a well-appointed kitchen, and large windows that showcase the serene property views. The walkout basement is an entertainer’s dream with a full second kitchen, two additional bedrooms, Theater Room, a full bath, half bath, second laundry, and a private entrance from the garage—perfect for multi-generational living or guest quarters. Outside, enjoy your very own stocked pond with beach area, including a new fountain (Fall 2023) that is seasonally serviced. The property also includes a new 70x30 pole building with an office, bathroom, and temperature-controlled environment—ideal for a workshop, business, or hobby space. Additional highlights include a three-car attached garage, geothermal heating and cooling (extensively cleaned and serviced in 2024), a new well pump and pressure tank (Fall 2024), and a Kinetico whole-house water filtration system. The building also features a large propane-powered heater for year-round comfort. This rare property combines privacy, functionality, and luxury—offering a peaceful retreat with modern conveniences just minutes from town.
  1. Listed by Brandon Schueler • Mike Thomas Assoc., Inc

Property Details for 5730 Schlatter Road

Style
One Story
Architectural Style
Ranch
Subdivision
None
Waterfront
Yes
Garage/Number Of Cars
3
LISTING CLOSED: 12/03/2025 12:00 AM

Property Details for 5730 Schlatter Road

StatusSold
MLS #202541317
Days on Market32
Taxes$4,670 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeSingle Family
MLS TypeResidential / Site-Built Home
Year Built1997
Lot Size5.50 AC / 239,580 SF
CountyAllen County

Location

Listing Courtesy of Mike Thomas Assoc., Inc

Sold By Mike Thomas Assoc., Inc

Add your commute

Building Information for 5730 Schlatter Road

Stories-Year Built1997Building Size-Lot Size5.50 AC / 239,580 SF

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$5,917 per month

30 year fixed, 6.55% Interest

Principal and Interest

$5,528

Property Taxes

$389

HOA Dues

$0

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Property Information for 5730 Schlatter Road

Summary
Location and General Information
  • Area: Allen County
  • City: Leo
  • Zip + 4: 9596
  • Zip Code: 46765
  • State: IN
  • Township: Cedar Creek
  • Geo Latitude: 41
  • Geo Longitude: -85
  • Fips Code: 18003
  • Directions To Property: North on Tonkel Rd; Turn right onto Schlatter Rd; Turn right; Continue straight; Home will be on the right
  • Sea Wall Type: None
  • Location: Rural
Taxes and HOA
  • Annual Taxes: $4,670
  • Assoc Dues Frequency: Not Applicable
  • Year Taxes Payable: 2025
  • Parcel Number Id: 02-03-18-100-004.000-042
School Information
  • School District: East Allen County
  • Elementary: Cedarville
  • Middle School: Leo
  • High School: Leo
Parking
  • Garage Length: 28.0
  • Garage Width: 29.0
  • Garage: Yes
  • Off Street Parking: No
  • Garage Type: Attached
Property
Lot Information
  • Class: RESIDENTIAL
  • Property Subtype: Site-Built Home
  • Approx Lot Size Acres: 5.5
  • Lot Dimensions: 316x712
  • Below Grade Unfin Sqft: 895.0
  • Total Square Feet: 5773.0
  • Approx Lot Size Sqft: 239580.0
  • Above Grade Finished Sqft: 2883.0
  • Below Grade Finished Sqft: 1995.0
  • Total Below Grade Sqft: 2890.0
  • Total Finished Sqft: 4878.0
  • Garage Square Feet: 812.0
  • Above Grade Unfin Sqft: 0.0
  • Lot Description: Level, Partially Wooded
  • Outbuilding 1 Length: 70.0
  • Outbuilding 1 Width: 30.0
  • Outbuilding 2 Length: 8.0
  • Outbuilding 2 Sqft: 80
  • Outbuilding 2 Width: 10.0
Property and Assessments
  • New Construction: No
  • Year Built: 1997
  • Age: 28
  • Planned Unit Development: No
Utilities
  • Water Type: Pond
  • Water Utility: Well
  • Well Type: Private
  • Sewer: Septic
Interior and Exterior Features
Exterior Features
  • Amenities: Attic Storage, Ceiling-9+, Ceiling-Cathedral, Ceiling Fan(s), Closet(s) Walk-in, Countertops-Solid Surf, Countertops-Stone, Crown Molding, Deck Open, Detector-Carbon Monoxide, Detector-Smoke, Disposal, Dryer Hook Up Electric, Firepit, Foyer Entry, Garage Door Opener, Jet Tub, Landscaped, Pantry-Walk In, Porch Screened, Range/Oven Hook Up Elec, Split Br Floor Plan, Utility Sink, Stand Up Shower, Tub/Shower Combination, Workshop, Main Level Bedroom Suite, Main Floor Laundry, Sump Pump, Washer Hook-Up, Custom Cabinetry, Garage Utilities
  • Driveway: Concrete, Gravel
  • Exterior: Brick, Vinyl
  • Fence: Partial, Metal
  • Outbuilding 1: Pole/Post Building
  • Outbuilding 2: Shed
  • Platted: Yes
  • Pool: No
  • Roof Material: Asphalt
Interior Features
  • Number of Fireplaces: 2
  • Basement Material: Poured Concrete
  • Basement: Yes
  • Basement/Foundation: Daylight, Full Basement, Walk-Out Basement, Finished, Outside Entrance
  • Cooling: Central Air
  • Fireplace: Family Rm, Basement
  • Fireplace: Yes
  • Flooring: Hardwood Floors, Carpet, Laminate, Ceramic Tile
  • Heating/Fuel: Geothermal
  • Number of Above Grade Bedrooms: 2
  • Number of Below Grade Baths: 2
  • Number of Below Grade Bedrooms: 2
  • Number of Full Baths Below Grade: 1
  • Number of Full Baths Main: 2
  • Number of Full Baths Upper: 0
  • Number of Half Baths Below Grade: 1
  • Number of Half Baths Main: 1
  • Number of Half Baths Upper: 0
  • Number of Total Rooms: 6
  • Total Number of Bedrooms: 4
  • Total Number of Full Baths: 3
  • Total Number of Half Baths: 2
  • Total Baths: 5
  • Total Number of Rooms Below Grade: 4
Room
Room Information
  • 1st Bedroom Length: 16.0
  • 1st Bedroom Level: Main
  • 1st Bedroom Width: 22.0
  • 2nd Bedroom Length: 10.0
  • 2nd Bedroom Level: Main
  • 2nd Bedroom Width: 14.0
  • 3rd Bedroom Length: 23.0
  • 3rd Bedroom Level: Lower
  • 3rd Bedroom Width: 13.0
  • 4th Bedroom Length: 15.0
  • 4th Bedroom Level: Lower
  • 4th Bedroom Width: 11.0
  • Dining Room Length: 15.0
  • Dining Room Level: Main
  • Dining Room Width: 12.0
  • Extra Room Length: 14.0
  • Extra Room Level: Lower
  • Extra Room Width: 18.0
  • Kitchen Length: 14.0
  • Kitchen Level: Main
  • Kitchen Width: 24.0
  • Laundry Room Length: 11.0
  • Laundry Level: Main
  • Laundry Room Width: 7.0
  • Living/Great Room Length: 18.0
  • Living/Great Room Level: Main
  • Living/Great Room Width: 28.0
  • Den Length: 12.0
  • Den Level: Main
  • Den Width: 15.0
  • Rec Rm Length: 18.0
  • Rec Rm Level: Lower
  • Rec Rm Width: 27.0

Property History for 5730 Schlatter Road

DateEvent & SourcePriceAppreciation
Dec 3, 2025

Sold (Public Record)

Public Record #1927158257

$1,087,500

+8.7% / yr

Dec 3, 2025

Sold

Indiana Regional MLS #202541317

$1,087,500
Nov 13, 2025

Pending

Indiana Regional MLS #202541317

DateEvent & SourcePrice
12/03/2025

Sold (Public Record)

Public Record #1927158257

$1,087,500

+8.7% / yr

12/03/2025

Sold

Indiana Regional MLS #202541317

$1,087,500
11/13/2025

Pending

Indiana Regional MLS #202541317

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 5730 Schlatter Road

Taxable ValueLand$151,400Additions$794,400Total$945,800
Tax Record2025$9,163 ($764 / month)
Home Facts
Beds4Baths4Total Finished SqFt4,791 SqFtAbove Grade Finished SqFt2,883 SqFtFinished Basement SqFt1,908 SqFtStories1Lot Size239,580 SqFtStyleSingle Family ResidenceYear Built1997CountyALLENAPN02-03-18-100-004.000-042Fireplace TypeHas Fireplace

Schools near 5730 Schlatter Road

This home is within East Allen County Schools.
Rating
School
Type
Grades
Distance
Public - K to 3
Public - 4 to 6
Public - 7 to 12
Rating
School
Distance
Cedarville Elementary School
PublicK to 3

Leo Elementary School
Public4 to 6

Leo Junior/Senior High School
Public7 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Mike Thomas Assoc., Inc

Based on information from one of the following Multiple Listing Services: MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.