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    15471 Makarios Pass Leo, IN 46788

    For Sale
    $126,900

    Residential Land - Leo, IN

    Lot size:
    0.30 Acres
    Days on Market:
    230
    Last Refresh:
    Dec 6 at 10:06 am

    Property Features for 15471 Makarios Pass

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    02-03-15-404-040.000-082
    Lot size
    0.30 Acres

    Building Details

    Architectural style
    Other

    Parent Realty, Inc. (260) 493-3000 [email protected]

    Listing agent J.R. Parent (260) 493-3000 License #RB14032497

    Listing date Apr 21, 2025

    MLS# 202441630 Listing URL

    Copyright © 2025 Upstate Alliance of REALTORS® Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Residential Lot with Pond View

    This 0.298-acre residential building lot is located in the Makarios Place subdivision in Leo, Indiana. This 22-acre development contains 37 lots ranging in size from a third of an acre to over a full acre. The property offers a pond view and is part of a development featuring a waterfall entrance. The natural landscape provides views of the St. Joe River, wooded backdrops, country views, and ponds. The area is home to wildlife such as deer, geese, ducks, sand hill cranes, and eagles. River access is nearby, promoting activities like kayaking, paddle boarding, boating, and fishing. The development includes a pickleball court and 5-foot sidewalks throughout, with a 10-foot asphalt trail along the front, providing accessibility to downtown Leo. This lot is located in Allen County.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Leo
    County
    Allen
    State
    Indiana
    Longitude
    -85.005018133003
    Latitude
    41.228944171772

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    FAQs

    What type of property is this?
    Land - 0.298 acre building lot in Leo's Premier subdivision.
    Where is this land located?
    The property is located at 15471 Makarios Pass Leo, IN.
    What is the asking price?
    The asking price for this property is $126,900.
    What are key features of this property?
    This property features: - Pond view building lot in Leo's premier subdivision, Makarios Place.; - New 22-acre development with lots ranging from a third to over a full acre.; - Abundant wildlife and natural landscape with panoramic views.
    (260) 493-3000
    Request Owner's contact information
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    Leo, IN 46788
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    15471 Makarios Pass Leo, IN 46788
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