Sold
550 E Leonard Road, Leonard, MI 48367
Sold on 01/13/2026 for$560,000
MLS # 20251051098 (Realcomp)
4 beds2 baths2,158 sqftBuilt 189210.24 acres
1 / 36
Listing Description
Prepare to fall in love with this classic country farmhouse perfectly situated on a beautiful 10-acre parcel featuring open land, mature trees, and a large picturesque pond. With over 2,100 sq ft of living space, this 3-bedroom, 2-bath farmhouse offers the ideal blend of rustic charm and everyday comfort. Inside, you’ll find spacious living areas filled with natural light, a warm and welcoming make this home truly special. The property includes a huge 3-car attached garage, a large hay barn, and an oversized detached garage — ideal for storage, a workshop, or hobby farming. Step outside and enjoy peaceful mornings overlooking the pond, evenings on the porch, and endless room to roam, garden, or entertain. Whether you’re seeking space for your family, land for your equipment or animals, or simply the serenity of country living, this one checks all the boxes. A rare opportunity to own a home that combines farmhouse character, functional outbuildings, and a stunning natural setting with your very own pond!
Source: SparkMLS
About this home
4-bedroom, 2-bath, 2,158 sq ft home in Addison Township in Leonard built in 1892.
Final sale price: $560,000 (about $259/sq ft).
Annual property taxes run approximately $7,410 ($618/month). Estimate is based on county assessor records and current millage rates; actual tax may vary with PRE status and recent assessment changes.
Broadband is available with download speeds up to 1,000 Mbps from 6 providers. Electric service is provided by DTE Electric Company; natural gas by Consumers Energy Company.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms4
Bathrooms2
Living Area2,158 sqft
Lot Size10.24 acres
Year Built1892
Stories2
Location
CityLeonard
Zip Code48367
CountyOakland
School DistrictOxford Community Schools
Construction & Systems
ConstructionOther
BasementMichigan Basement
Garage3 spaces
HeatingHot Water
WaterWell
SewerSeptic Tank
Sale & Financing
Listed11/3/2025
Sold Date1/12/2026
Original Price$625,000
Terms AcceptedCash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$4,893
State Equalized Value$205,940
Taxable Value$147,690
Parcel #0511400025
Source: Public Records
Legal Description
T5N, R11E, SEC 11 PART OF SE 1/4 BEG AT PT DIST N 89-10-30 E 100 FT FROM CEN OF SEC, TH N 89-10-30 E 522.46 FT, TH S 01-00-50 W 824.45 FT, TH S 89-10-30 W 563.15 FT, TH N 03-06-30 W 574.74 FT, TH N 89-10-30 E 101.42 FT, TH N 03-26-00 W 250 FT TO BEG 10.64 A 1-11-00 FR 002, 006 & 007
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Frank Locricchio
Realty Executives Home Towne
Frequently Asked Questions about 550 E Leonard Road, Leonard, MI 48367
What school district is 550 E Leonard Road, Leonard, MI 48367 in?
Per MLS# 20251051098, this property is served by Oxford Community Schools. In Michigan, school district boundaries are set by the state and do not always follow city limits.
Can I use FHA or VA financing for this property?
Per MLS# 20251051098, the seller has indicated this property accepts the following financing types: Cash, Conventional. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 20251051098, the most recent reported annual property tax for 550 E Leonard Road, Leonard, MI 48367 is $4,893. Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Is 550 E Leonard Road, Leonard, MI 48367 eligible for USDA financing?
Per USDA boundary maps, this property is located in a USDA-eligible area, which means qualified buyers may be able to finance with 0% down through the USDA Rural Development program. Confirm current eligibility directly with USDA.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 550 E Leonard Road, Leonard, MI 48367 is in flood zone X (minimal risk). Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
Is fiber internet available at 550 E Leonard Road, Leonard, MI 48367?
Per FCC Broadband Data Collection filings, fiber internet is not currently available at 550 E Leonard Road, Leonard, MI 48367. The maximum advertised download speed is 1.0 Gbps. 6 internet providers serve this address. Confirm availability and speeds directly with providers.
Who are the utility providers for this property?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: Consumers Energy Company. Sewer: Septic Tank. Water: Well. Confirm service details directly with providers.
How safe is this area?
Per our practice, crime and safety data should be obtained directly from the authoritative source. Oakland County law enforcement agencies participate in CLEMIS (Courts and Law Enforcement Management Information System) for public safety records.
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Tax Estimate
$
Annual tax$7,410
Monthly$618
Millage rate35.9830 mills
Municipality: TOWNSHIP OF ADDISON
School district: TR-OXFORD/LK ORION
County: Oakland
Estimate based on SEV for a new buyer (taxable value resets to SEV on transfer). Actual taxes may vary. MI Treasury PT Estimator
Mortgage Calculator
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Monthly payment$4,503
Principal & interest$3,885
Property taxes$618
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Internet
Download
1 Gbps
Upload
35 Mbps
CableLicensed Fixed WirelessGSO SatelliteSatellite
6 providers at this address
FCC Broadband Data Collection (Dec 2025). Max advertised speeds.
Utilities
DTE Electric Company
Investor-Owned
Consumers Energy Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
550 E Leonard Road, Leonard, MI 48367
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Municipality
Addison Township
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County
Oakland County
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