NOT LISTED FOR SALE

3550 E Forest Glen Ave Leesburg, IN 46538

Estimated Value: $2,040,000 - $2,783,740

5 Beds
7 Baths
6,742 Sq Ft
$365/Sq Ft Est. Value

Last Sold August 01, 2022

Last sale price $2,400,000 $356 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $14,457/month

161 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Pier or Dock
  • Craftsman Architecture
  • Warsaw Community High School Rated A-
  • Lake Property
  • Fireplace in Bedroom

About This Home

As of August 2022

This amazing home is perfectly positioned on a slight bluff overlooking an impressive 100' of sandy shoreline while capturing the grand views. Reportedly the first cottage built on Tippy in 1884 with some of the original features incorporated into the improvements. Nearly 7,000 sq.ft. of finished living space, very thoughtful design with a wonderful floor plan, many pocket and French doors throughout the home allowing for and creating separate suites for various occasions. Gorgeous lake views from nearly every window and superior quality craftsmanship and attention to detail...from the custom profile crown and backband moldings to the abundance of hardwood flooring and custom cabinetry. The east wing of this home offers a spacious great room with a wall of windows and beautiful stone wood burning fireplace along with 3-season sunroom and private deck. 2 nice sized guest bedrooms with shared full bath and spacious vaulted den/study or additional bedroom. Upper level 2nd suite with office/nursery or large bunkroom, full bath with custom vanity and shutter mirrors built into the windows. A chef's dream kitchen- fully appointed with appliances from Sub-Zero, Wolf, and Asko. The main kitchen and butler's pantry, like the rest of the home, display all built-in custom-made on-site cabinetry with inset doors, drawers and beaded face frame. Also, supported by the original foundation is an amazing Italian wood fired brick oven. Fabulous dining room with beautiful stone wood burning fireplace. The combined west wing provides a spacious living room with wall-to-wall lakeside windows, beautiful hardwood floors and the original fireplace. Amazing upper-level master suite with breathtaking panoramic views of the lake, a custom double mantle Rumford fireplace, beautiful hardwood floors, cathedral ceilings, custom panel and frame walls. Gorgeous master bath with cast iron tub, custom tile and glass shower, double vanity w/vessel sinks, heated basket weave marble floor. Cozy lower-level family room w/knotty pine walls and Vermont Castings stove, additional full bath as well as the home's original 1/2 basement that provides great storage and would make a perfect wine cellar. Oversized 3-car attached garage is trimmed with subway tile wainscoting and custom crown molding. Entertaining outside has several options from the covered porch to the open lakeside patio. Enjoy gathering by the water's edge with a space that was once a boathouse and now a place to enjoy the lake with a

Last Agent to Sell the Property

Patrick Pfefferkorn

RE/MAX Results Listed on: 01/07/2022

RE/MAX Results

Last Buyer's Agent

Leslie Ferguson

Regan & Ferguson Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,633

Year Built

  • Built in 2003

Lot Details

  • 0.65 Acre Lot
  • Lot Dimensions are 100 x 270 x 115 x 260
  • 100 Feet of Waterfront
  • Lake Front
  • Rural Setting
  • Landscaped
  • Level Lot
  • Irrigation

Parking

  • 3 Car Attached Garage
  • Heated Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Craftsman Architecture
  • New Englander Architecture
  • Poured Concrete
  • Shingle Roof
  • Asphalt Roof
  • Stone Exterior Construction
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Wet Bar
  • Crown Molding
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Double Pane Windows
  • Pocket Doors
  • Insulated Doors
  • Entrance Foyer
  • Great Room
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • 5 Fireplaces
  • Formal Dining Room
  • Loft with Fireplace
  • Workshop
  • Water Views
  • Storage In Attic
  • Washer and Gas Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Walk-In Pantry
  • Oven or Range
  • Solid Surface Countertops
  • Built-In or Custom Kitchen Cabinets
  • Utility Sink
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Bedroom
  • Split Bedroom Floorplan
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • In-Law or Guest Suite
  • Double Vanity
  • Bathtub With Separate Shower Stall

Finished Basement

  • Sump Pump
  • Block Basement Construction
  • Basement Cellar
  • 2 Bathrooms in Basement
  • Natural lighting in basement

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

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

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • High-Efficiency Furnace
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Gas
  • Private Company Owned Well
  • Well
  • Septic System
  • Cable TV Available

Community Details

  • Pier or Dock

Listing and Financial Details

  • Assessor Parcel Number 43-07-12-200-207.000-016

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,633

Year Built

Built in 2003

Lot Details

0.65 Acres

Parking

3

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 2003
  • Style: Two Story
  • Architectural Style: New England, Craftsman
  • Bedrooms: 5
  • Total Bathrooms: 7
  • Total Full Bathrooms: 5
  • Total Number of Half Bathrooms: 2
  • Legal Description: 029-048-119 Pt Lots 7,9 & Lot 8 Pleasant View & Tr To Waters Edge
  • Parcel Number ID: 43-07-12-200-207.000-016
  • Platted: Yes
  • Amenities: 1st Bdrm En Suite, Alarm System-Security, Attic Storage, Cable Ready, Ceiling-9+, Ceiling-Cathedral, Ceiling Fan(s), Ceilings-Vaulted, Closet(s) Walk-in, Countertops-Solid Surf, Crown Molding, Deck Open, Deck on Waterfront, Detector-Smoke, Disposal, Dryer Hook Up Gas/Elec, Eat-In Kitchen, Foyer Entry, Garage Door Opener, Guest Quarters, Irrigation System, Landscaped, Pantry-Walk In, Patio Covered, Patio Open, Pocket Doors, Porch Covered, Range/Oven Hk Up Gas/Elec, Split Br Floor Plan, Twin Sink Vanity, Utility Sink, Wet Bar, Wiring-Security System, Stand Up Shower, Tub and Separate Shower, Tub/Shower Combination, Workshop, Formal Dining Room, Garage-Heated, Great Room, Sump Pump, Washer Hook-Up, Custom Cabinetry
  • Grid: 55 - N.E. Kosc. Water
  • Location: Lake, Rural
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 7093
  • Total Finished Sq Ft: 6742
  • Above Grade Finished Sq Ft: 6049
  • Below Grade Finished Sq Ft: 693
  • Below Grade Sq Ft: 351
  • Basement: Yes
  • Basement Foundation: Cellar, Daylight, Partial Basement, Finished
  • Basement Material: Block, Poured Concrete
  • Number Of Fireplaces: 5
  • Fireplace: Den, Dining Rm, Family Rm, Living/Great Rm, Loft, Rec Rm, 1st Bdrm, Gas Log, Wood Burning, Three +, Vented, Wood Burning Stove
  • Fireplace: Yes
  • Flooring: Hardwood Floors, Carpet, Vinyl, Ceramic Tile
  • Living Great Room: Dimensions: 29x24, On Level: Main
  • Kitchen: Dimensions: 22x16, On Level: Main
  • Breakfast Room: Dimensions: 17x16, On Level: Main
  • Dining Room: Dimensions: 16x15, On Level: Main
  • Family Room: Dimensions: 23x12, On Level: Main
  • Den: Dimensions: 19x15, On Level: Main
  • Recreation Room: Dimensions: 21x14, On Level: Lower
  • Extra Room: Foyer, Dimensions: 21x14, On Level: Main
  • Bedroom 1: Dimensions: 23x22, On Level: Upper
  • Bedroom 2: Dimensions: 24x15, On Level: Upper
  • Bedroom 3: Dimensions: 13x10, On Level: Main
  • Bedroom 4: Dimensions: 13x10, On Level: Main
  • Bedroom 5: Dimensions: 25x17, On Level: Upper
  • Other Room1: Butler's Pantry, Dimensions: 14x9, On Level: Main
  • Other Room 2: 3-Season Room, Dimensions: 14x12, On Level: Main
  • Other Room 3: Workshop, Dimensions: 29x19, On Level: Main
  • Loft: Dimensions: 25x15, On Level: Upper
  • Number Below Grade Bathrooms: 2
  • Number of Below Grade Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 1
  • Number of Below Grade Half Bathrooms: 1
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 1044

Exterior Features

  • Exterior: Stone, Vinyl
  • Roof Material: Asphalt, Shingle
  • Outbuilding1: 2nd Detached Garage, Dimensions: 22x23, 2nd Garage
  • Lake Type: Ski Lake
  • Outbuilding2: Outbuilding, Dimensions: 14x11, 154
  • Sea Wall Type: Concrete
  • Water Features: Pier/Dock
  • Water Frontage: 100
  • Water Name: Tippecanoe Lake

Garage/Parking

  • Driveway: Concrete
  • Garage Type: Attached
  • Garage Number Of Cars: 3
  • Garage Size: Dimensions: 30x38
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Electric, Gas, Baseboard, Forced Air, Hot Water
  • Sewer: Septic
  • Water Utilities: Well
  • Hvac: High Efficiency Furnace, Zoned Air Condtioning, Zoned Heating
  • Laundry: Dimensions: Lowerx9, On Level: 12
  • Water Type: Lake
  • Well Type: Private

Schools

  • Elementary School: Leesburg

Lot Info

  • Lot Description: Level, Slope, Waterfront, Lake, Water View
  • Lot Dimensions: 100 x 270 x 115 x 260
  • Estimated Lot Sq Ft: 28314
  • Estimated Lot Size Acres: 0.65

Green Features

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

Tax Info

  • Annual Taxes: 10632.8
  • Exemptions: Homestead

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
Jan 7, 2022
Closed on
Jul 29, 2022
Sold by
Rooney James W and Join Melanie
Bought by
Kevin Sierks Revocable Trust
Seller's Agent
Patrick Pfefferkorn
RE/MAX Results
Buyer's Agent
Leslie Ferguson
Regan & Ferguson Group
List Price
$2,499,000
Sold Price
$2,400,000
Premium/Discount to List
-$99,000
-3.96%
Current Estimated Value
$2,462,913

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,913
Avg. Annual Appreciation
0.73%
Original Mortgage
$2,400,000
Outstanding Balance
$2,299,879
Interest Rate
5.81%
Mortgage Type
New Conventional
Estimated Equity
$163,034

Purchase Details

Closed on
Mar 21, 2018
Sold by
Rooney James W and Rooney Melanie A
Bought by
Rooney James W and Rooney Melanie A

Purchase Details

Closed on
May 30, 2001
Sold by
Ferguson Mark C and Ferguson Georgia G
Bought by
Rooney James W and Rooney Melanie A

Purchase Details

Closed on
Dec 10, 1997
Sold by
Davidson Kenneth L
Bought by
Not Provided
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Kevin Sierks Revocable Trust -- Hardig Edward W
Rooney James W -- None Available
Rooney James W -- --
Not Provided $335,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kevin Sierks Revocable Trust $2,400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/01/2022 08/01/22 Sold $2,400,000 -4.0% $356 / Sq Ft
01/07/2022 01/07/22 For Sale $2,499,000 -- $371 / Sq Ft
Source: Indiana Regional MLS

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 $21,225 $2,636,200 $908,200 $1,728,000
2023 $20,354 $2,432,700 $859,800 $1,572,900
2022 $12,962 $1,605,000 $818,500 $786,500
2021 $10,770 $1,336,000 $709,400 $626,600
2020 $10,633 $1,293,300 $709,400 $583,900
2019 $10,061 $1,267,100 $709,400 $557,700
2018 $9,750 $1,235,000 $691,600 $543,400
2017 $9,044 $1,211,300 $691,600 $519,700
2016 $9,631 $1,185,000 $686,500 $498,500
2014 $8,847 $1,179,400 $680,300 $499,100
2013 $8,847 $1,163,200 $688,300 $474,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202200709

Indiana Regional MLS

APN: 43-07-12-200-207.000-016

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