$675,000
SOLD MAY 13, 2016

339 Ems T26 Ln Leesburg, IN 46538

4 Beds
2 Baths
2,358 Sq Ft
9,548 Sq Ft Lot

Recently Sold

$286 Per Sq Ft

21% Below List Price

372 Days on Market

Highlights

  • 62 Feet of Waterfront
  • Pier or Dock
  • Lake Property
  • Warsaw Community High School Rated A-
  • Primary Bedroom Suite
  • Vaulted Ceiling

About This Home

As of August 2019

Placed majestically on a beautifully landscaped bluff, this home overlooks 62' of frontage on Lake Tippecanoe. Terracing and a winding staircase lead to the sandy bottom lake below. Just off the patio is the four season room with Easy Breeze windows, proving an easy way to close off, or open this room to the outdoors. With a large fireplace, the living area is a stunning space that can certainly accommodate a large gathering. The professional kitchen has a large island (under a sky light) with a dual-basin sink and bar-style seating. The Thermador 6 burner range is complimented by the Thermador Professional Modular Wok Cooktop. The breakfast area opens to the lake side deck and fire pit. The dining room opens to the driveway-side deck via two sets of sliders and if additional table space is not needed, this space would make a wonderful desk & sitting area. The main level master has sliders to a private, lake-side deck. A large walk-in, cedar closet has built in shelves and a great deal of space. The master bedroom has the shower while the master bathroom also serves as the main level's powder room - proving to be a smart use of space. Bedroom #2 has cathedral ceilings and easily accommodates two sets of bunk beds with a great deal of space remaining. The wall and trim colors are right on trend and the main and upper level both have new doors and hardware. The dark oak, site finished, hardwood floors are smooth with a great depth of color. The hardwood staircase leads up to Bedroom #3 -a loft bedroom that has been finished with the same beautiful flooring and trim. This is a wonderful open area that offers panoramic views of the lake and has a full bathroom with a large, glass & tile walk-in shower. The closet in this suite is also cedar-lined.The lower level has the laundry room with nice cabinetry, utility sink and a large walk-in closet. Bedroom #4 is also on this level. The three car garage is ultra-deep and easily accommodates two large boats, personal watercrafts and other seasonal items for storage. This beautiful home has a new 30 year roof, new furnace/AC and a new water softener. Other features include the Invisible Fence around the primary lot and an ADT alarm system. GAS $45 ELECTRIC $85.

Last Agent to Sell the Property

Lynn Reecer

Reecer Real Estate Advisors Listed on: 03/24/2015

Last Buyer's Agent

Brian Peterson

Brian Peterson Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,144

Year Built

  • Built in 1992

Lot Details

  • 9,548 Sq Ft Lot
  • Lot Dimensions are 154x62
  • 62 Feet of Waterfront
  • Lake Front
  • Property has an invisible fence for dogs

Parking

  • 3 Car Attached Garage

Home Design

  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Vaulted Ceiling
  • Skylights
  • Living Room with Fireplace
  • Home Security System
  • Electric Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet

Partially Finished Basement

  • Walk-Out Basement
  • 1 Bedroom in Basement

Outdoor Features

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

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 43-07-12-300-217.000-016

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,144

Year Built

Built in 1992

Lot Details

0

Parking

3

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1992
  • Age: 24
  • Style: Two Story
  • Total Number of Rooms: 7
  • Total Number of Rooms Below Grade: 1
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: 29-47-22.AA PT LOTS 5 6 7 8 & 9 CRIPPLE GATE HEIGHTS
  • Parcel Number ID: 43-07-12-300-217.000-016
  • Platted: Yes
  • Amenities: Alarm System-Security, Balcony, Breakfast Bar, Ceilings-Vaulted, Closet(s) Walk-in, Deck Open, Dryer Hook Up Electric, Eat-In Kitchen, Kitchen Island, Patio Open, Skylight(s), Main Level Bedroom Suite
  • Cross Street: Ems T25 Lane
  • Location: Lake
  • Number Below Grade Bedrooms: 1
  • Sp Lp Percent: 96.44
  • Special Features: None

Interior Features

  • Total Sq Ft: 2778
  • Total Finished Sq Ft: 2358
  • Above Grade Finished Sq Ft: 2232
  • Below Grade Finished Sq Ft: 126
  • Below Grade Sq Ft: 420
  • Basement Foundation: Partial Basement, Walk-Out Basement
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm
  • Living Great Room: Dimensions: 20x21, On Level: Main
  • Kitchen: Dimensions: 12x13, On Level: Main
  • Breakfast Room: On Level: N/A
  • Dining Room: Dimensions: 17x20, On Level: Main
  • Family Room: On Level: N/A
  • Den: On Level: N/A
  • Recreation Room: On Level: N/A
  • Extra Room: On Level: N/A
  • Bedroom 1: Dimensions: 13x22, On Level: Main
  • Bedroom 2: Dimensions: 13x14, On Level: Main
  • Bedroom 3: Dimensions: 18x20, On Level: Upper
  • Bedroom 4: Dimensions: 12x12, On Level: Lower
  • Bedroom 5: On Level: N/A
  • Loft: On Level: N/A
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 546

Exterior Features

  • Exterior: Wood
  • Outbuilding1: None
  • Fence: Invisible
  • Lake Type: Access to Ski Lake
  • Water Features: Pier/Dock
  • Water Frontage: 62
  • Water Name: Tippecanoe Lake

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 3

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Septic
  • Water Utilities: Well
  • Laundry: Dimensions: 6xLower, On Level: 12
  • Water Type: Lake
  • Well Type: Private

Schools

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

Lot Info

  • Lot Description: Waterfront
  • Lot Dimensions: 154x62
  • Estimated Lot Sq Ft: 9548
  • Estimated Lot Size Acres: 0.22
  • Lot Number: 5
  • Zoning: R1 One Family Residence

Tax Info

  • Annual Taxes: 6144

Multi Family

  • Water Access: Lakefront

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2019
Closed on
Aug 1, 2019
Sold by
Brail Bradley C and Brail Pamelas A
Bought by
Deheer Patrick A and Jagger Erika
Seller's Agent
Brian Peterson
Brian Peterson Real Estate
Buyer's Agent
Deb Paton-Showley
Coldwell Banker Real Estate Group
List Price
$799,000
Sold Price
$775,000
Premium/Discount to List
-$24,000
-3%
Current Estimated Value
$1,189,949

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$414,949
Avg. Annual Appreciation
7.43%
Original Mortgage
$620,000
Outstanding Balance
$549,372
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$640,577

Purchase Details

Listed on
Mar 24, 2015
Closed on
May 13, 2016
Sold by
Wagner Theodore T and Wagner Robin L
Bought by
Brail Bradley C and Brail Pamela A
Seller's Agent
Lynn Reecer
Reecer Real Estate Advisors
Buyer's Agent
Brian Peterson
Brian Peterson Real Estate
List Price
$849,500
Sold Price
$675,000
Premium/Discount to List
-$174,500
-20.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.38%
Original Mortgage
$50,000
Interest Rate
3.66%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 11, 2009
Sold by
Mccormack Denis J
Bought by
Wagner Theodore T and Wagner Robin L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
5.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 28, 2008
Sold by
Felts James D and Felts Jeri L
Bought by
Mccormack Denis J
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 -- Metropolitan Title Of In Llc
Warranty Deed -- Metropolitan Title Of In Llc
Warranty Deed $805,000 Bodkin Abstract Co Inc
Trustee Deed -- None Available
Warranty Deed $21,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $620,000 Adjustable Rate Mortgage/ARM
Previous Owner $50,000 Credit Line Revolving
Previous Owner $410,000 New Conventional
Previous Owner $500,000 Credit Line Revolving
Previous Owner $417,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2019 08/01/19 Sold $775,000 -3.0% $234 / Sq Ft
06/25/2019 06/25/19 Pending -- -- --
04/17/2019 04/17/19 For Sale $799,000 +18.4% $242 / Sq Ft
05/13/2016 05/13/16 Sold $675,000 -20.5% $286 / Sq Ft
03/30/2016 03/30/16 Pending -- -- --
03/24/2015 03/24/15 For Sale $849,500 -- $360 / 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 $12,567 $1,075,500 $513,400 $562,100
2023 $11,607 $979,600 $467,700 $511,900
2022 $10,546 $903,300 $445,600 $457,700
2021 $8,770 $739,800 $387,400 $352,400
2020 $8,193 $675,300 $387,400 $287,900
2019 $4,371 $622,300 $387,400 $234,900
2018 $4,234 $606,000 $377,900 $228,100
2017 $3,986 $602,200 $377,900 $224,300
2016 $4,368 $604,400 $390,500 $213,900
2014 $6,160 $550,700 $342,100 $208,600
2013 $6,160 $540,600 $342,100 $198,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201511613

Indiana Regional MLS

APN: 43-07-12-300-217.000-016