NOT LISTED FOR SALE

161 Ems T26 Ln Leesburg, IN 46538

Estimated Value: $1,494,000 - $3,588,653

4 Beds
2.5 Baths
4,344 Sq Ft
$615/Sq Ft Est. Value

Last Sold January 29, 2021

Last sale price $1,200,000 $276 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $17,027/month

96 Days on Market

Highlights

  • 130 Feet of Waterfront
  • Primary Bedroom Suite
  • Cathedral Ceiling
  • Warsaw Community High School Rated A-
  • Lake Property
  • Screened Porch

About This Home

As of January 2021

Surrounded by mature trees and 130 feet of frontage on beautiful Tippecanoe Lake, Don't miss the beautiful sunset every evening, as this Delagrange custom built home is West-facing. The lakefront has a sandy beach bottom perfect for family swimming. As soon as you walk in the door, you are greeted by high ceilings and beautiful woodwork throughout. The great room is stunning with it’s massive stone floor to ceiling wood-burning fireplace with built in shelving. There is a wonderful home office with vaulted ceiling and French doors. The large dining room has gorgeous wood detail on the ceiling that compliments the large eat in kitchen featuring a breakfast bar, plenty of cabinets, along with a large pantry. The screened in porch is right off the kitchen and is a perfect place to relax and enjoy the view of the lake. The main floor master bedroom features large wrap around windows, giving a panoramic view of the lake. Pocket doors open to a large master bathroom and walk in closet. A main floor laundry room and a perfectly placed powder room for your guests completes the first floor. Upstairs you will find two bedrooms, full bath, and a large bonus room. The basement can be converted to a full walkout basement, lakeside for the aspiring renovator. There is plenty of space for parking in the 3 car attached garage. You will love the large yard and maintenance free lake front deck along with a fabulous fire pit. Outside you will also find a whole house generator.

Last Agent to Sell the Property

Lynn Reecer

Reecer Real Estate Advisors Listed on: 10/09/2020

Last Buyer's Agent

Lynn Reecer

Reecer Real Estate Advisors Listed on: 10/09/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,928

Year Built

  • Built in 2001

Lot Details

  • 0.74 Acre Lot
  • 130 Feet of Waterfront
  • Lake Front
  • Irrigation

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Masonry Siding
  • Masonry

Interior Spaces

  • 4,344 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Built-in Bookshelves
  • Woodwork
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Workshop
  • Screened Porch
  • Partially Finished Basement
  • Sump Pump
  • Electric Dryer Hookup

Kitchen

  • Breakfast Bar
  • Electric Oven or Range
  • Utility Sink

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Double Vanity
  • Separate Shower

Outdoor Features

  • Sun Deck
  • Waterski or Wakeboard
  • Lake Property
  • Lake, Pond or Stream

Schools

  • Leesburg Elementary School
  • Lakeview Middle School
  • Warsaw High School

Utilities

  • Central Air
  • Geothermal Heating and Cooling
  • Whole House Permanent Generator
  • Private Company Owned Well
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 43-07-12-300-187.000-016

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,928

Year Built

Built in 2001

Lot Details

0

Parking

3

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 2001
  • Age: 20
  • Style: Two Story
  • Total Number of Rooms: 11
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 3
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Legal Description: TBD on survey.
  • Parcel Number ID: 43-07-12-300-187.000-016
  • Platted: Yes
  • Amenities: Breakfast Bar, Built-In Bookcase, Ceiling-Cathedral, Ceiling Fan(s), Ceilings-Beamed, Ceilings-Vaulted, Central Vacuum System, Closet(s) Walk-in, Deck Open, Deck on Waterfront, Dryer Hook Up Electric, Garage Door Opener, Generator Built-In, Irrigation System, Natural Woodwork, Porch Screened, Range/Oven Hook Up Elec, Twin Sink Vanity, Utility Sink, Stand Up Shower, Workshop, Main Level Bedroom Suite, Sump Pump
  • Location: Lake
  • Sp Lp Percent: 109.59
  • Year Taxes Payable: 2020
  • Special Features: None

Interior Features

  • Total Sq Ft: 4344
  • Total Finished Sq Ft: 4344
  • Above Grade Finished Sq Ft: 4344
  • Price Per Sq Ft: 276.24
  • Basement Foundation: Partial Basement, Unfinished
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm, Wood Burning
  • Fireplace: Yes
  • Living Great Room: Dimensions: 19x19, On Level: Main
  • Kitchen: Dimensions: 15x12, On Level: Main
  • Breakfast Room: Dimensions: 15x14, On Level: Main
  • Dining Room: Dimensions: 12x12, On Level: Main
  • Family Room: On Level: N/A
  • Den: Dimensions: 13x11, On Level: Main
  • Recreation Room: On Level: N/A
  • Extra Room: On Level: N/A
  • Bedroom 1: Dimensions: 38x14, On Level: Main
  • Bedroom 2: Dimensions: 13x12, On Level: Upper
  • Bedroom 3: Dimensions: 15x12, On Level: Upper
  • Bedroom 4: Dimensions: 34x14, On Level: Upper
  • Loft: On Level: N/A
  • Number of Main Level Full Bathrooms: 1
  • Number of Main Level Half Bathrooms: 1

Exterior Features

  • Exterior: Masonry
  • Outbuilding1: None
  • Lake Type: Ski Lake
  • Water Frontage: 130
  • Water Name: Tippecanoe Lake

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 3
  • Garage Size: Dimensions: 27x39
  • Garage Sq Ft: 1053
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Geothermal
  • Sewer: Septic
  • Water Utilities: Well
  • Laundry: Dimensions: Mainx9, On Level: 9
  • Water Type: Lake
  • Well Type: Private

Schools

  • School District: Warsaw Community
  • Elementary School: Leesburg
  • Middle School: Lakeview
  • High School: Warsaw
  • Elementary School: Leesburg

Lot Info

  • Lot Description: Waterfront
  • Estimated Lot Sq Ft: 32234
  • Estimated Lot Size Acres: 0.74
  • Lot Number: 5

Tax Info

  • Annual Taxes: 6928

Multi Family

  • Water Access: Lakefront

MLS Schools

  • High School: Warsaw
  • Middle School: Lakeview
  • School District: Warsaw Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2020
Closed on
Jan 29, 2021
Sold by
Hearn Delores M
Bought by
Oswego Lake Ii Llc
Seller's Agent
Lynn Reecer
Reecer Real Estate Advisors
Buyer's Agent
Lynn Reecer
Reecer Real Estate Advisors
List Price
$1,499,000
Sold Price
$1,200,000
Premium/Discount to List
-$299,000
-19.95%
Current Estimated Value
$2,672,551

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,472,551
Avg. Annual Appreciation
16.57%
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Oswego Lake Ii Llc $1,200,000 Metropolitan Title Of In Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hearn R Steven $426,000
Previous Owner Hearn R Steven $100,000
Previous Owner Hearn Steven $417,000
Previous Owner Hearn R Steven $309,614
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2021 01/29/21 Sold $1,200,000 +9.6% $276 / Sq Ft
01/13/2021 01/13/21 Pending -- -- --
12/24/2020 12/24/20 Price Changed $1,095,000 -13.4% $252 / Sq Ft
12/10/2020 12/10/20 Price Changed $1,265,000 -3.8% $291 / Sq Ft
11/26/2020 11/26/20 Price Changed $1,315,000 -3.7% $303 / Sq Ft
11/12/2020 11/12/20 Price Changed $1,365,000 -5.8% $314 / Sq Ft
10/30/2020 10/30/20 Price Changed $1,449,000 -3.3% $334 / Sq Ft
10/09/2020 10/09/20 For Sale $1,499,000 -- $345 / 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 $28,056 $2,401,000 $839,700 $1,561,300
2023 $16,727 $1,411,700 $762,600 $649,100
2022 $15,216 $1,303,300 $727,900 $575,400
2021 $3,079 $417,600 $20,500 $397,100
2020 $2,656 $356,000 $18,700 $337,300
2019 $2,470 $343,500 $18,700 $324,800
2018 $2,366 $331,700 $18,700 $313,000
2017 $2,129 $316,800 $18,700 $298,100
2016 $2,286 $312,200 $17,700 $294,500
2014 $2,037 $303,100 $17,700 $285,400
2013 $2,037 $296,000 $17,700 $278,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202040997

Indiana Regional MLS

APN: 43-07-12-300-187.000-016