Waterfront
Address
15395 Makarios Pass, Leo, IN
Price
$ 149,900
Property Attributes
  • MLS#202633608
  • TypeLand
  • Listing Status Active
  • CountyALLEN
  • CityLeo
  • AreaCedar Creek
  • NeighborhoodMakarios Place
  • Zip46765
  • StyleResidential Land
  • Taxes$ 71
  • Price$ 149,900
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.292 Acres
Data Source:
Indiana Regional MLS (IRMLS)
Property Description

LOT 32 | HOMESITE OFFERING The list price reflects the homesite only. Bring your vision to life with a custom residence by Star Homes by Delagrange & Richhart. The home designs featured in this listing are presented solely as architectural inspiration and are not included in the purchase price. Buyers may personalize one of the showcased concepts or collaborate with Star Homes to create an entirely custom home from a blank slate. Lot 32 is an approximately 0.29-acre pond-oriented homesite with a clean 85-by-150-foot configuration, giving buyers a straightforward canvas for a custom ranch, 1.5-story or 2-story plan and the opportunity to place major living spaces toward the water view. Its efficient shape supports disciplined architecture while the rear common-area relationship provides the visual release buyers want from luxury new construction. Makarios Place occupies approximately 22 acres along the St. Joseph River near the managed Leo-Cedarville Reservoir. Community pickleball, a trail connection toward Leo and resident common-area access to the river's edge make the setting active as well as scenic. The nearby Pearl Street public launch serves small-to-medium watercraft, and regional outfitters offer kayak rentals and transport. Fish for bass, bluegill, crappie and channel catfish, paddle at sunrise, or explore Riverside Gardens Park, Leo-Cedarville Park and Metea County Park. Leo Jr./Sr. High, local restaurants and gyms are close; Meijer on East Dupont, Parkview Regional Medical Center, I-69 and Fort Wayne are readily accessible. Completed and planned homes in Makarios Place span approximately $750,000 to $2 million-plus, with several luxury build paths available through plan and finish selections. City water and sewer are available; an attached 3-car garage and plan approval are required.

Elementary School Middle School High School
Cedarville Elementary School Leo Middle School Leo High School
Price History
8/18/2026 Listed $149,900

General Features

Road Frontage City
Easements Yes
Water Access Type Riverfront
Status Active
Subdivision Makarios Place
Township Cedar Creek
Class LOTS AND LAND
Present Use Residential
Type Residential Land
Lot Number 32
FIPS Code 18003
Associated Document Count 4
REO No
Status Active
Auction Y/N No
Annual Taxes 71
Area Allen County
Location City,Subdivision,Suburb,Rural,Near Walking Trail,Lake
High School Leo
City Leo
School District East Allen County
Assoc. Dues Frequency Annually
HOA Fees $ 795
Elementary School Cedarville
Middle School Leo
Legal Description Makarios Place Lot 32
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202633608
Agent First Name Edmond
Agent Last Name Jemison
DOM 37
Tax Year 2025
Restrictions Restrictions,Sidewalk Required,SqFt Restrictions,Tap Fee,Building Restrictions,Deed Restrictions,Covenants
PROPOSED FINANCING Cash,Conventional,FHA,VA
Unit 32

Interior Features

Fuel Type Gas,Available

Exterior Features

Road Surface Asphalt
Road Access City
Waterfront Pond
Lot Size Area 12750
Lot Dimensions 85' x 150'
Improvements Street Lights
Water Features Private Beach,Assoc,Walk to Lake Access
Rail Siding Y/N No
Water Name Cedarville Reservoir
Approx. Lot Size Acres 0.292
Curb Y/N Yes
Waterfront Y/N Yes

Amenities

  • Foreclosure
  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool


IDX 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. Data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided by the Indiana Regional MLS. Information last updated on September 28, 2026 2:34 PM UTC

Property vs Land Average in 46765

Price
AVG $150K
$150K
Taxes
AVG $126
$71
Visits
AVG 72
21
Data Provided by Inside Real Estate®

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.