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Property view

5730 Schlatter Road, 
Leo, IN 46765

$1,087,500


4

Beds


5

Baths


4,878

Sq Ft


Single Family

Sold

Listed by

Brandon Schueler

Mike Thomas Assoc., Inc

MLS#

202541317

Source:

Indiana Regional MLS

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About This Home

5730 Schlatter Road

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.

Home Facts

Single Family

5 Baths

4 Bedrooms

Built in 1997

Price Summary

1,149,900

$235 per Sq. Ft.

MLS #:

202541317

Sold:

December 3, 2025


Rooms & Interior

Bedrooms

Total Bedrooms:

4

Bathrooms

Total Bathrooms:

5

Full Bathrooms:

3

Interior

Living Area:

4,878 Sq. Ft.


Structure

Structure

Architectural Style:

One Story, Ranch

Building Area:

5,773 Sq. Ft.

Year Built:

1997


Lot

Lot Size (Sq. Ft):

239,580


Finances & Disclosures

Finances

Price:

$1,149,900

Price per Sq. Ft:

$235 per Sq. Ft.

Source:Indiana Regional MLS
IRMLS 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. IRMLS Data is deemed reliable but is not guaranteed accurate by the MLS. IRMLS information provided by the Indiana Regional MLS. Copyright 2026 Indiana Regional MLS LLC.