NOT LISTED FOR SALE

17 Ems T40a Ln Leesburg, IN 46538

Estimated Value: $1,160,000 - $1,406,945

5 Beds
4 Baths
3,224 Sq Ft
$395/Sq Ft Est. Value

Last Sold July 01, 2019

Last sale price $885,000 $275 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $7,614/month

29 Days on Market

Highlights

  • 60 Feet of Waterfront
  • Open Floorplan
  • Fireplace in Bedroom
  • Pier or Dock
  • Lake Property
  • Traditional Architecture

About This Home

As of July 2019

At the heart of Lake Tippecanoe, you’ll find this recently renovated stunning home that offers extraordinary views of the lake. Situated on a double lot on the North side of the lake with plenty of parking, yard space and lakeside entertaining areas. This home greets you from the water with custom stamped concrete work and patio with retracting shades, leading you the nearby three season room overlooking both the lake and street side that opens into the dining, kitchen and living areas becoming all one big entertaining space, just perfect for the lake life. A true open concept floor plan offers you a spacious living room with fireplace and kitchen with commanding views of the sunrise and sunset over the lake. Ample cabinetry in the kitchen with breakfast bar, overlooking the dining area. A bedroom/den plus full bath conveniently located on the main level for you as well. Second level welcomes you home with four bedrooms, three full baths, including the grand master suite with gas log fireplace, hardwood floors, jetted tub, large walk in shower, twin sink vanity plus access to the lakefront maintenance free deck. Additional amenities include new carpet, new hardwood flooring throughout the main level and master bedroom and hallway, new light fixtures, new tile in baths, new railing on stairs, new heat ducts in the crawl space, irrigation system, new Culligan water softener and so much more! This property also features a back lot a lake lovers dream for extra activity or possible future carriage house.

Last Agent to Sell the Property

Brian Peterson

Brian Peterson Real Estate Listed on: 04/26/2019

Last Buyer's Agent

Michelle Cabrera

NonMember KBOR

NonMember KBOR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,206

Year Built

  • Built in 1999

Lot Details

  • 0.54 Acre Lot
  • Lot Dimensions are 339x98x347x59
  • 60 Feet of Waterfront
  • Lake Front
  • Backs to Open Ground
  • Irrigation

Parking

  • 2 Car Attached Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Traditional Architecture
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 3,224 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wet Bar
  • Built-in Bookshelves
  • Bar
  • Ceiling Fan
  • 2 Fireplaces
  • Gas Log Fireplace
  • Entrance Foyer
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Kitchen Island
  • Solid Surface Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Bedroom
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Double Vanity
  • Bathtub With Separate Shower Stall
  • Garden Bath

Outdoor Features

  • Waterski or Wakeboard
  • Seawall
  • Lake Property
  • Lake, Pond or Stream
  • Balcony
  • Covered Patio or Porch

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Private Company Owned Well
  • Well
  • Septic System

Community Details

  • Pier or Dock

Listing and Financial Details

  • Assessor Parcel Number 43-08-07-200-193.000-023

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,206

Year Built

Built in 1999

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1999
  • Age: 20
  • Style: Two Story
  • Architectural Style: Traditional
  • Total Number of Rooms: 9
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 5
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: 005-028-007 LOTS 36, S 24' LOT 37, S 34' LOT 40 LESS E 10' & N 26' LOT 41 LESS E 10' WALKERS PK & VAC ST BTWN LOTS & 005-028-036.A Pt Lot 49 Walkers Pk .18A
  • Parcel Number ID: 43-08-07-200-193.000-023
  • Platted: Yes
  • Amenities: 1st Bdrm En Suite, Balcony, Bar, Built-In Bookcase, Ceiling Fan(s), Closet(s) Walk-in, Countertops-Solid Surf, Eat-In Kitchen, Foyer Entry, Garden Tub, Irrigation System, Kitchen Island, Open Floor Plan, Patio Open, Porch Covered, Twin Sink Vanity, Wet Bar, Tub and Separate Shower, Tub/Shower Combination
  • Grid: 55 - N.E. Kosc. Water
  • Improvmnts In Last5 Yrs: Yes
  • Location: Lake
  • Sp Lp Percent: 98.88
  • Year Taxes Payable: 2019
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 3224
  • Total Finished Sq Ft: 3224
  • Above Grade Finished Sq Ft: 3224
  • Price Per Sq Ft: 274.5
  • Basement Foundation: Crawl
  • Number Of Fireplaces: 2
  • Fireplace: Family Rm, 1st Bdrm, Gas Log, Two
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood Floors, Tile
  • Living Great Room: Dimensions: 31x23, On Level: Main
  • Kitchen: Dimensions: 12x20, On Level: Main
  • Extra Room: 3 Seasons Room, Dimensions: 13x21, On Level: Main
  • Bedroom 1: Dimensions: 29x16, On Level: Upper
  • Bedroom 2: Dimensions: 16x11, On Level: Upper
  • Bedroom 3: Dimensions: 9x11, On Level: Upper
  • Bedroom 4: Dimensions: 9x11, On Level: Upper
  • Bedroom 5: Dimensions: 9x11, On Level: Main
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Outbuilding1: None
  • Lake Type: Ski Lake
  • Sea Wall Type: Concrete
  • Water Features: Pier/Dock
  • Water Frontage: 60
  • Water Name: Tippecanoe Lake

Garage/Parking

  • Driveway: Concrete
  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 20x24
  • Garage Sq Ft: 480
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Septic
  • Water Utilities: Well
  • Electric Company: REMC
  • Gas Company: NIPSCO
  • 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: Waterfront
  • Lot Dimensions: 339x98x347x59
  • Estimated Lot Sq Ft: 23522
  • Estimated Lot Size Acres: 0.54
  • Lot Number: 37

Tax Info

  • Annual Taxes: 3206
  • Exemptions: Homestead, Mortgage

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
Feb 17, 2012
Sold by
Kesler Stephen L and Kesler Kimberly A
Bought by
Cowan Gary F and Cowan Emily E
Current Estimated Value
$1,242,420

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
3.86%
Mortgage Type
New Conventional
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
Cowan Gary F -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hentschel Gary $700,000
Closed Cowman Gary F $52,000
Closed Cowan Emily E $560,000
Closed Cowan Gary F $550,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2019 07/01/19 Sold $885,000 -1.1% $275 / Sq Ft
05/25/2019 05/25/19 Pending -- -- --
04/26/2019 04/26/19 For Sale $895,000 -- $278 / 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 $9,737 $993,000 $460,900 $532,100
2023 $9,091 $903,100 $418,700 $484,400
2022 $8,409 $831,200 $398,400 $432,800
2021 $7,235 $691,800 $345,300 $346,500
2020 $5,964 $596,600 $345,300 $251,300
2019 $3,400 $581,000 $345,300 $235,700
2018 $3,015 $564,800 $335,900 $228,900
2017 $3,014 $554,000 $335,900 $218,100
2016 $2,493 $531,300 $323,400 $207,900
2014 $2,752 $532,500 $323,400 $209,100
2013 $2,752 $522,300 $323,400 $198,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201915662

Indiana Regional MLS

APN: 43-08-07-200-193.000-023