$465,000
$60K PRICE DROP

158 Ems B40 Ln Leesburg, IN 46538

Estimated payment $2,893/month

Total Views 19,827
4 Beds
3 Baths
2,256 Sq Ft
$206 Price per Sq Ft

Highlights

  • 115 Feet of Waterfront
  • Open Floorplan
  • Contemporary Architecture
  • Pier or Dock
  • Lake Property
  • Vaulted Ceiling

About This Home

Make an offer, this seller is highly motivated One of the best locations on the Barbee Chain, Two large waterfront lots with room for outdoor games and docking all of your watercraft All of the room for friends and family with 4 bedrooms and 3 full baths Three open decks on the waterside to enjoy every day of the year watching the fireworks and boat parades or quiet natural settings. Don't let this one slip away from your most desired property list

Listing Agent

Carolyn Leiter

Coldwell Banker Real Estate Group Brokerage Phone: 574-551-9041 Listed on: 04/03/2025

Coldwell Banker Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,978

Year Built

  • Built in 1965

Lot Details

  • 0.38 Acre Lot
  • 115 Feet of Waterfront
  • Lake Front
  • Backs to Open Ground
  • Landscaped
  • Level Lot
  • Irregular Lot

Home Design

  • Contemporary Architecture
  • Poured Concrete
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 3-Story Property
  • Open Floorplan
  • Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Entrance Foyer
  • Great Room
  • Workshop

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Oven or Range
  • Kitchen Island
  • Laminate Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Double Vanity
  • Bathtub With Separate Shower Stall
  • Garden Bath

Laundry

  • Laundry on main level
  • Laundry Chute
  • Washer and Electric Dryer Hookup

Finished Basement

  • Block Basement Construction
  • Crawl Space
  • Natural lighting in basement

Home Security

  • Storm Doors
  • Fire and Smoke Detector

Parking

  • Gravel Driveway
  • Off-Street Parking

Outdoor Features

  • Sun Deck
  • Lake Property
  • Lake, Pond or Stream
  • Balcony
  • Patio

Location

  • Suburban Location

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • SEER Rated 13+ Air Conditioning Units
  • Heating System Uses Gas
  • Shared Well
  • Well

Listing and Financial Details

  • Assessor Parcel Number 43-08-21-300-271.000-023

Community Details

Amenities

  • Community Fire Pit

Recreation

  • Pier or Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,978

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1965
  • Age: 60
  • Style: Three Story
  • Architectural Style: Contemporary
  • Total Number of Rooms: 12
  • Total Number of Rooms Below Grade: 2
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: 5-83-255 LOTS 8 & 9 HILL CREST PARRISH PLAT
  • Parcel Number ID: 43-08-21-300-271.000-023
  • Platted: Yes
  • Amenities: Balcony, Bar, Breakfast Bar, Ceiling Fan(s), Ceilings-Vaulted, Closet(s) Walk-in, Countertops-Laminate, Deck Open, Deck on Waterfront, Detector-Smoke, Dryer Hook Up Electric, Eat-In Kitchen, Firepit, Foyer Entry, Jet/Garden Tub, Kitchen Island, Landscaped, Laundry-Chute, Open Floor Plan, Patio Open, Range/Oven Hook Up Elec, Range/Oven Hook Up Gas, Range/Oven Hk Up Gas/Elec, Skylight(s), Storm Doors, Twin Sink Vanity, Tub and Separate Shower, Tub/Shower Combination, Workshop, Great Room, Main Floor Laundry, Washer Hook-Up
  • Location: City/Town/Suburb
  • Year Taxes Payable: 2025
  • Special Features: None
  • Stories: 3

Interior Features

  • Total Sq Ft: 2756
  • Total Finished Sq Ft: 2256
  • Above Grade Finished Sq Ft: 2048
  • Below Grade Finished Sq Ft: 208
  • Below Grade Sq Ft: 500
  • Price Per Sq Ft: 227.05
  • Basement: Yes
  • Basement Foundation: Crawl, Daylight, Partially Finished, Finished
  • Basement Material: Block, Poured Concrete
  • Flooring: Carpet, Vinyl
  • Living Great Room: Dimensions: 23x14, On Level: Main
  • Dining Room: Dimensions: 14x12, On Level: Main
  • Extra Room: Poss Bedroom / Office, Dimensions: 12x8, On Level: Lower
  • Bedroom 1: Dimensions: 16x11, On Level: Upper
  • Bedroom 2: Dimensions: 14x11, On Level: Upper
  • Bedroom 3: Dimensions: 12x11, On Level: Upper
  • Bedroom 4: Dimensions: 10x11, On Level: Main
  • Other Room1: Storage, Dimensions: 12x8, On Level: Lower
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 708

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Outbuilding1: None
  • Lake Type: Non Ski Lake
  • Water Features: Pier/Dock
  • Water Frontage: 115
  • Water Name: Sawmill Lake

Garage/Parking

  • Driveway: Gravel
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Regional
  • Water Utilities: Well
  • Electric Company: REMC
  • Gas Company: NIPSCO
  • Cable Company: Mediacom
  • Hvac: Ceiling Fan, HVAC (13 Seer)
  • Water Type: Lake
  • Well Type: Shared

Schools

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

Lot Info

  • Lot Description: Irregular, Level, Slope, 10-14.999, Lake, Waterfront-Medium Bank
  • Lot Dimensions: irregular
  • Estimated Lot Sq Ft: 16553
  • Estimated Lot Size Acres: 0.38
  • Lot Number: 8

Tax Info

  • Annual Taxes: 4978

Multi Family

  • Water Access: Lakefront

MLS Schools

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

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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 $4,978 $507,600 $303,300 $204,300
2023 $4,683 $465,200 $277,400 $187,800
2022 $4,082 $403,500 $240,400 $163,100
2021 $3,623 $346,400 $212,800 $133,600
2020 $3,393 $339,400 $210,000 $129,400
2019 $3,214 $326,500 $201,800 $124,700
2018 $2,790 $309,900 $190,700 $119,200
2017 $2,784 $302,800 $190,700 $112,100
2016 $2,211 $277,700 $174,700 $103,000
2014 $2,397 $273,300 $174,700 $98,600
2013 $2,397 $266,200 $174,700 $91,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2025 08/09/25 Price Changed $465,000 -11.4% $206 / Sq Ft
04/11/2025 04/11/25 For Sale $525,000 -- $233 / Sq Ft
Source: Indiana Regional MLS

Mortgage History

Date Status Loan Amount Loan Type
Closed $183,000 New Conventional
Closed $205,600 New Conventional
Closed $40,000 Credit Line Revolving
Closed $10,000 Future Advance Clause Open End Mortgage
Source: Public Records

Source: Indiana Regional MLS

MLS Number: 202511153

Indiana Regional MLS

APN: 43-08-21-300-271.000-023

Indiana Kosciusko County Leesburg 46538

158 Ems B40 Ln, Leesburg, IN

This home is located at 158 Ems B40 Ln, Leesburg, IN 46538 and is currently priced at $465,000, approximately $206 per square foot. This property was built in 1965. 158 Ems B40 Ln is a home located in Kosciusko County with nearby schools including Wawasee High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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Carolyn Leiter
Listing Agent
Carolyn Leiter
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Coldwell Banker Real Estate Group
(574) 406-2495