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Residential Land in Leo, Indiana
For Sale
$150,000

5540 Rolling Run Court lot 20, Leo, IN 46765

LAND - Leo, IN

Property SizeContact for details
Lot Size1.14 Acres
Days on Market201

Property Features for 5540 Rolling Run Court lot 20

General Information

Property type Land
Property subtype Other
Subdivision Whisper Creek
Lot features Slope, Subdivision
Elementary school Cedarville
Middle school Leo
High school Leo
Elementary school district East Allen County
Middle school district East Allen County
High school district East Allen County
Directions Tonkel Rd between Hosler Rd and Schlatter Rd on east side - Rolling Run Ct is the new south entrance of a new development known as Whisper Creek.
Standard status Active
APN 02-03-18-160-010.000-042
Lot size 1.14 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Whisper Creek Sec 1 Lot 20
Tax Annual Amount 25
Legal Description Whisper Creek Sec 1 Lot 20
Listing Agency: Coldwell Banker Real Estate Gr
Listed By: Ken Steury · License #RB14033407
Added: Feb 2 Changed: Jul 6 Last Checked: Aug 22 at 3:06PM
MLS# 202603257

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This residential land offers a unique opportunity to build a home in a country setting. Located in the Whisper Creek development, the lot is part of a micro-community designed to bridge the gap between the desire for larger land and the challenges of infrastructure and septic system requirements. The development is open to all builders, and assistance is available throughout the building process. The available lots feature picturesque, natural views and the option to have an approved outbuilding. The two-street neighborhood is located off Tonkel Rd, approximately 4 miles north of Dupont Rd, between Hosler Rd to the south and Schlatter Rd to the north. The lot size is 1.138 acres. This presents an opportunity to create a luxury micro-community with large lot sizes and natural surroundings.

Key Highlights

  • Large lot sizes in a picturesque, natural setting.
  • Approved outbuilding option.
  • Overcomes the challenges of building in the country (septic, infrastructure).

Property Analytics

Current Use

Residential land & home ...

Location Intelligence

Trade Area within ½ mile

21
Businesses Nearby

Demographics for 46765, IN

5,580
Population
2,070
Households
2.7
Avg Household Size
41
Median Age
38%
College-Educated
98%
High-School Grad
12.6 sq mi
ZIP Area
443
Density / Sq Mi
$105,114
Median Household Income
$52,500
Median Earnings
$1,148
Median Rent
$281,900
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Land - Large residential lot with outbuilding potential in Whisper Creek.
Where is this land located?
The property is located at 5540 Rolling Run Court lot 20 Leo, IN.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: Large lot sizes in a picturesque, natural setting.; Approved outbuilding option.; Overcomes the challenges of building in the country (septic, infrastructure).
More about this property
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