Residential Land for Sale in Leo, Indiana

8+/- Acres in Northern Allen County - Development & Farm Income Opportunity - Zoned A1 (Agricultural) Discover the potential of this exceptional 8+/- acre parcel located in a highly desirable area between the tourist town of Auburn and Fort Wayne. Surrounded by newer homes, this property offers an excellent opportunity for residential development, investment, or building your own private estate. City sewer is available on Hollopeter Rd, providing a valuable infrastructure advantage for future development. A private well will be required. An open ditch runs through the property and provides a natural feature across the land. The property also offers the potential for farm income, providing an opportunity to generate agricultural income while considering future development or land-use options. With its generous acreage, desirable surroundings, newer homes, available city sewer, potential farm income, and convenient location between Auburn and Fort Wayne, this property presents a unique opportunity in an area where larger parcels are becoming increasingly difficult to find. Subject to applicable zoning, development regulations, easements, and approvals. HIGHLIGHTS: 1. DIVISIBLE LAND 2. SCHOOL DISTRICT = EAST ALLEN COUNTY SCHOOLS 3. ANNUAL TAXES (INCLUDING DITCH ASSESSMENT) = $194.88 4. 7.07+/- CROPLAND ACRES PER USDA FORM FSA-156EZ 5. CITY SEWER IS AVAILABLE ON HOLLOPETER Rd 6. PRIVATE WELL WILL BE REQUIRED 7. FARMING RIGHTS CONVEY ON 1/1/27.