Listing courtesy of CENTURY 21 Bradley Realty, Inc · Listing agent: Edmond Jemison · Cell: 260-515-3438

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ActiveUnimproved Land

15395 Makarios Pass

$149,900

Leo, IN 46765Makarios Place

  • On Cedarville Reservoir
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Lot
0.29 ac
Type
Unimproved Land
Listed
August 17, 2026
MLS #
202633608

About this home

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.

Property details

Waterfront & lake

Waterfront
Yes
Body of water
Cedarville Reservoir
Waterfront features
Private Beach, Association Access, Walk to Lake Access
Water access
Riverfront
Water feature
Pond

Lot

Subdivision
Makarios Place
Lot size (acres)
0.29 ac
Lot dimensions
85' x 150'
Location type
City,Subdivision,Suburb,Rural,Near Walking Trail,Lake
County
Allen County
Township
Cedar Creek
Current use
Residential
Road frontage
City Street
Road surface
Asphalt
Road maintained by
City
Lots
32
Price per acre
$513,356
Easements
Yes
Restrictions
Restrictions,Sidewalk Required,SqFt Restrictions,Tap Fee,Building Restrictions,Deed Restrictions,Covenants
Platted
Yes
Planned unit development
No
Directions
Traveling northbound on State Road 1, pass Hosler Road/Grabill Road, the subdivision is a half mile north on the right

Schools

Elementary school
Cedarville
Middle school
Leo
High school
Leo
School district
East Allen County

HOA & community

HOA fee
$795
HOA fee frequency
Annually

Taxes & terms

Annual taxes
$71
Tax year
2025
Tax exemptions
No Exemptions
Listing terms
Cash, Conventional, FHA, VA
Possession
At Closing
Parcel number
02-03-15-404-037.000-082

Utilities

Water
City
Sewer
City
Electric
Available
Utilities
Water Available
Fuel
Gas, Available
Gas provider
NIPSCO
Water provider
Fort Wayne City Utilities

Location

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Area guide

Living in Leo-Cedarville

Neighborhoods, schools, cost of living and local housing trends — our guide to life in Leo-Cedarville.

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$149,900