$162,000
SOLD JUN 15, 2016

15 Ems B1c Ln Leesburg, IN 46538

3 Beds
1 Bath
1,644 Sq Ft
0.3 Acres

Recently Sold

$99 Per Sq Ft

19% Below List Price

162 Days on Market

Highlights

  • 64 Feet of Waterfront
  • Lake Property
  • Patio
  • Pier or Dock
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System

About This Home

As of June 2020

SUPERB SETTING WITH 64' OF BIG BARBEE LAKEFRONT, GREAT SWIMMING AND FABULOUS VIEWS, NICE LEVEL AND DEEP LAKESIDE YARD, GREAT FOR YARD GAMES AND FAMILY GATHERING, OFFERING 3 BEDROOM WITH POSSIBLE LARGE BUNK ROOM ON 2ND FLOOR WITH WALL OF LAKESIDE WINDOWS AND SMALL BUNK ROOM IN UNFINISHED ATTIC THAT WOULD BE EXCELLENT FOR KIDS (HAS TWO LAKESIDE DORMER WINDOWS), HOME IS VERY DATED AND NEEDS TLC...WOULD BE A WONDERFUL OPPORTUNITY TO ADD YOUR PERSONAL TOUCH, SOLID HOME ON SLAB FOUNDATION, OPEN CONCEPT MAIN LEVEL WOULD OFFER A SPACIOUS KITCHEN AND LIVING ROOM DESIGN WHILE CAPTURING LAKE VIEWS FROM THE ENTIRE ROOM, MASSIVE OPEN LAKESIDE PATIO/ADDITIONAL PARKING AREA (PROPERTY HAS A RECORDED EASEMENT FOR ROAD ON LAKESIDE CONNECTING TO PATIO), OVERSIZE 2 CAR ATTACHED GARAGE, ACCESS TO 7 INTER-CONNECTED LAKES, BIG BARBEE IS AN ALL SPORTS LAKE, MATURE SETTING, SHADE TREES, HOME BEING SOLD AS-IS.

Last Agent to Sell the Property

Patrick Pfefferkorn

RE/MAX Results- Warsaw Listed on: 12/10/2015

RE/MAX Results- Warsaw

Last Buyer's Agent

Nate Norris

CENTURY 21 Bradley Realty, Inc

CENTURY 21 Bradley Realty, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $953

Year Built

  • Built in 1925

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 64 x 206
  • 64 Feet of Waterfront
  • Lake Front
  • Rural Setting
  • Level Lot
  • Irregular Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Cabin
  • Slab Foundation
  • Shingle Roof
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Living Room with Fireplace
  • Water Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Attic

  • Storage In Attic
  • Pull Down Stairs to Attic

Outdoor Features

  • Waterski or Wakeboard
  • Seawall
  • Lake Property
  • Lake, Pond or Stream
  • Patio

Schools

  • North Webster Elementary School
  • Wawasee Middle School
  • Wawasee High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Powered By Owned Propane
  • Propane
  • Private Company Owned Well
  • Well
  • Septic System
  • TV Antenna

Community Details

  • Pier or Dock

Listing and Financial Details

  • Assessor Parcel Number 00-51-06-070-000.000-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$953

Year Built

Built in 1925

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1925
  • Age: 91
  • Style: Two Story
  • Architectural Style: Cabin/Cottage
  • Total Number of Rooms: 9
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: 005-106-070 PT S 1/2 S 1/2 NW NW 27-33-7 .28A PER CALC |
  • Parcel Number ID: 00-51-06-070-000.000-000
  • Platted: Yes
  • Amenities: Antenna, Attic Pull Down Stairs, Attic Storage, Patio Open
  • Grid: 55 - N.E. Kosc. Water
  • Location: Lake, Rural
  • Sp Lp Percent: 87.57
  • Year Taxes Payable: 2015
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 2338
  • Total Finished Sq Ft: 1644
  • Above Grade Finished Sq Ft: 1644
  • Above Grade Unfinished Sq Ft: 694
  • Price Per Sq Ft: 98.54
  • Basement Foundation: Slab
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm
  • Fireplace: Yes
  • Living Great Room: Dimensions: 22x17, On Level: Main
  • Kitchen: Dimensions: 15x15, On Level: Main
  • Extra Room: ADDITIONAL LIVING, Dimensions: 29x8, On Level: Upper
  • Bedroom 1: Dimensions: 13x10, On Level: Upper
  • Bedroom 2: Dimensions: 10x10, On Level: Upper
  • Bedroom 3: Dimensions: 9x9, On Level: Upper
  • Other Room1: LANDING, Dimensions: 18x9, On Level: Upper
  • Other Room 2: UTILITY, Dimensions: 16x13, On Level: Main
  • Other Room 3: STORAGE, Dimensions: 10x8, On Level: Main
  • Loft: Dimensions: 29x14, On Level: Upper

Exterior Features

  • Exterior: Aluminum, Wood
  • Roof Material: Asphalt, Shingle
  • Outbuilding1: Shed, Dimensions: 12x8
  • Lake Type: Ski Lake
  • Sea Wall Type: Concrete
  • Water Features: Pier/Dock
  • Water Frontage: 64
  • Water Name: Big Barbee Lake

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 21x30
  • Garage Sq Ft: 630
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Propane, Forced Air, Propane Tank Owned
  • Sewer: Septic
  • Water Utilities: Well
  • Water Type: Lake
  • Well Type: Private

Schools

  • School District: Wawasee
  • Elementary School: North Webster
  • Middle School: Wawasee
  • High School: Wawasee
  • Elementary School: North Webster

Lot Info

  • Lot Description: Irregular, Level, Waterfront, Lake, Water View
  • Lot Dimensions: 64 X 206
  • Estimated Lot Sq Ft: 13068
  • Estimated Lot Size Acres: 0.3

Tax Info

  • Annual Taxes: 953
  • Exemptions: Homestead

Multi Family

  • Water Access: Lakefront

MLS Schools

  • High School: Wawasee
  • Middle School: Wawasee
  • School District: Wawasee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 28, 2024
Sold by
Royer Jay
Bought by
Wade Maxx M and Wade Deanne A
Current Estimated Value
$720,895

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$688,750
Outstanding Balance
$685,417
Interest Rate
6.2%
Mortgage Type
New Conventional
Estimated Equity
$34,190

Purchase Details

Listed on
May 9, 2020
Closed on
Jun 5, 2020
Sold by
Mbn Rentals Llc
Bought by
Royer Jay
Seller's Agent
John Sommer
CENTURY 21 Bradley Realty, Inc
Buyer's Agent
Tara Lochmandy
Cressy & Everett- Goshen
List Price
$399,900
Sold Price
$392,500
Premium/Discount to List
-$7,400
-1.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.62%
Original Mortgage
$353,250
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 6, 2017
Sold by
Mbn Properties Llc
Bought by
Mbn Rentals Llc

Purchase Details

Listed on
Dec 10, 2015
Closed on
Jun 11, 2016
Sold by
Estate Bradshaw
Bought by
Mbn
Seller's Agent
Patrick Pfefferkorn
RE/MAX Results- Warsaw
Buyer's Agent
Nate Norris
CENTURY 21 Bradley Realty, Inc
List Price
$199,000
Sold Price
$162,000
Premium/Discount to List
-$37,000
-18.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.72%
Original Mortgage
$296,250
Interest Rate
3.54%
Mortgage Type
Credit Line Revolving
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $725,000 Near North Title
Warranty Deed $392,500 Centurion Land Title Inc
Quit Claim Deed -- Centurion Land Title Inc
Deed $162,000 --
Personal Reps Deed -- Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $688,750 New Conventional
Previous Owner $353,250 New Conventional
Previous Owner $483,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $296,250 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2020 06/26/20 Sold $392,500 -1.9% $192 / Sq Ft
05/15/2020 05/15/20 Pending -- -- --
05/09/2020 05/09/20 For Sale $399,900 +146.9% $196 / Sq Ft
06/15/2016 06/15/16 Sold $162,000 -18.6% $99 / Sq Ft
05/20/2016 05/20/16 Pending -- -- --
12/10/2015 12/10/15 For Sale $199,000 -- $121 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,551 $464,300 $217,800 $246,500
2023 $4,284 $425,600 $199,300 $226,300
2022 $3,740 $372,700 $173,500 $199,200
2021 $3,367 $325,000 $155,000 $170,000
2020 $2,088 $208,900 $152,800 $56,100
2019 $1,979 $201,100 $146,900 $54,200
2018 $1,729 $192,100 $140,200 $51,900
2017 $1,733 $188,500 $140,200 $48,300
2016 $1,705 $214,200 $148,200 $66,000
2014 $953 $211,800 $148,200 $63,600
2013 $953 $207,300 $148,200 $59,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201555593

Indiana Regional MLS

APN: 43-08-27-400-558.000-023