NOT LISTED FOR SALE

34 Ems B40a1 Ln Leesburg, IN 46538

Estimated Value: $530,000 - $591,040

3 Beds
2 Baths
1,908 Sq Ft
$294/Sq Ft Est. Value

Last Sold April 19, 2024

Last sale price $530,000 $278 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,625/month

31 Days on Market

Highlights

  • 105 Feet of Waterfront
  • Primary Bedroom Suite
  • Lake Property
  • Pier or Dock
  • Open Floorplan
  • Ranch Style House

About This Home

As of April 2024

Claim your desired lake front location on quiet Banning Lake, one of the seven lakes in the Barbee chain of lakes. Enjoy cruising the lakes, drop anchor with other boaters on one of the lakes’ sand bars, or take the short boat ride to the all-sports Big Barbee Lake for tubing and skiing. The home is located on a low traveled peninsula. This large parcel, of over one-half acre, has 105 feet of lake frontage. With three bedrooms and two baths this home boasts of storage space with large closets, a workshop, plus a detached two car garage in addition to the large two car attached garage. The open concept floor plan is spacious and provides flexibility for use. Relax on the open lake-front deck or entertain family and friends. The the HVAC heat pump & air handler and the water softener were replaced within the last two years.

Last Listed By

Ron Shipley

ERA Crossroads Listed on: 03/13/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,257

Year Built

  • Built in 1984

Lot Details

  • 0.57 Acre Lot
  • Lot Dimensions are 127 x 186
  • 105 Feet of Waterfront
  • Lake Front
  • Backs to Open Ground
  • Landscaped
  • Level Lot
  • Irregular Lot
  • Property is zoned R1

Parking

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

Home Design

  • Ranch Style House
  • Poured Concrete
  • Shingle Roof

Interior Spaces

  • Open Floorplan
  • Ceiling Fan
  • Double Pane Windows
  • Insulated Doors
  • Entrance Foyer
  • Workshop
  • Crawl Space
  • Storm Doors
  • Washer and Electric Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Oven or Range
  • Laminate Countertops
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Separate Shower

Outdoor Features

  • Lake Property
  • Lake, Pond or Stream

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Private Company Owned Well
  • Well
  • Cable TV Available

Community Details

  • Pier or Dock

Listing and Financial Details

  • Assessor Parcel Number 43-08-20-200-140.000-023

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,257

Year Built

Built in 1984

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1984
  • Age: 40
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 9
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: 5-80-73 LOT 4 & 1/2 of LOT 5 STOHLERS ADD TO BANNING LAKE
  • Parcel Number ID: 43-08-20-200-140.000-023
  • Platted: Yes
  • Amenities: Breakfast Bar, Cable Available, Closet(s) Walk-in, Countertops-Laminate, Deck Open, Disposal, Dryer Hook Up Electric, Eat-In Kitchen, Foyer Entry, Garage Door Opener, Landscaped, Open Floor Plan, Range/Oven Hook Up Elec, Stand Up Shower, Tub/Shower Combination, Workshop, Main Level Bedroom Suite, Washer Hook-Up
  • Grid: 55 - N.E. Kosc. Water
  • Location: Lake
  • Sp Lp Percent: 89.83
  • Zoning Description: Residential
  • County Zoning: R1
  • Year Taxes Payable: 2023
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 2276
  • Total Finished Sq Ft: 1908
  • Above Grade Finished Sq Ft: 1908
  • Above Grade Unfinished Sq Ft: 368
  • Price Per Sq Ft: 277.78
  • Basement Foundation: Crawl
  • Basement Material: Poured Concrete
  • Flooring: Carpet, Vinyl
  • Living Great Room: Dimensions: 26x13, On Level: Main
  • Kitchen: Dimensions: 15x9, On Level: Main
  • Breakfast Room: Dimensions: 15x8, On Level: Main
  • Family Room: Dimensions: 19x11, On Level: Main
  • Extra Room: Shop/utility, Dimensions: 23x16, On Level: Main
  • Bedroom 1: Dimensions: 15x14, On Level: Main
  • Bedroom 2: Dimensions: 12x9, On Level: Main
  • Bedroom 3: Dimensions: 13x8, On Level: Main
  • Number of Main Level Full Bathrooms: 2

Exterior Features

  • Exterior: Aluminum
  • Roof Material: Shingle
  • Outbuilding1: 2nd Detached Garage, Dimensions: 24x20, 480
  • Lake Type: Non Ski Lake
  • Water Features: Pier/Dock
  • Water Frontage: 105
  • Water Name: Banning Lake

Garage/Parking

  • Driveway: Concrete
  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 25x23
  • Garage Sq Ft: 575
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Forced Air, Heat Pump
  • Water Utilities: Well
  • Electric Company: REMC
  • Hvac: Ceiling Fan
  • Laundry: Dimensions: Mainx7, On Level: 9
  • 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, Flood Plain, 0-2.9999, Lake, Waterfront-Level Bank
  • Lot Dimensions: 127 x 186
  • Estimated Lot Sq Ft: 24829
  • Estimated Lot Size Acres: 0.57

Green Features

  • Energy Efficient Windows/Doors: Double Pane Windows, Insulated Doors, Storm Doors

Tax Info

  • Annual Taxes: 3257

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

Listed on
Mar 13, 2024
Closed on
Apr 19, 2024
Sold by
Robert L Friddle L and Robert Patricia J
Bought by
Schabo Thomas C and Schabo Vonda K
Seller's Agent
Ron Shipley
ERA Crossroads
Buyer's Agent
Bev Ganshorn
Brian Peterson Real Estate
List Price
$590,000
Sold Price
$530,000
Premium/Discount to List
-$60,000
-10.17%
Total Days on Market
31
Views
56
Current Estimated Value
$561,510

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,510
Avg. Annual Appreciation
5.65%

Purchase Details

Closed on
Jan 11, 2000
Sold by
Friddle Robert L and Friddle Patricia J
Bought by
Friddle Robert L and Friddle Patricia J

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
Schabo Thomas C $530,000 Fidelity National Title
Friddle Robert L -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2024 04/19/24 Sold $530,000 -10.2% $278 / Sq Ft
03/13/2024 03/13/24 For Sale $590,000 -- $309 / 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 $6,135 $625,600 $393,600 $232,000
2023 $3,257 $573,500 $360,300 $213,200
2022 $3,034 $496,700 $311,600 $185,100
2021 $2,878 $460,700 $310,300 $150,400
2020 $2,643 $445,100 $310,300 $134,800
2019 $2,539 $435,200 $297,700 $137,500
2018 $2,204 $415,200 $283,800 $131,400
2017 $2,208 $408,500 $283,800 $124,700
2016 $1,798 $386,800 $283,800 $103,000
2014 $1,957 $383,200 $283,800 $99,400
2013 $1,957 $375,300 $283,200 $92,100
Source: Public Records

Agents Affiliated with this Home

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Source: Indiana Regional MLS

MLS Number: 202408265

Indiana Regional MLS

APN: 43-08-20-200-140.000-023