NOT LISTED FOR SALE

37 Ems T38 Ln Leesburg, IN 46538

Estimated Value: $530,000 - $894,000

3 Beds
2 Baths
2,128 Sq Ft
$360/Sq Ft Est. Value

Last Sold April 02, 2021

Last sale price $626,750 $295 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $4,672/month

7 Days on Market

Highlights

  • 40 Feet of Waterfront
  • Primary Bedroom Suite
  • Stone Countertops
  • Pier or Dock
  • Lake Property
  • Balcony

About This Home

As of April 2021

One of the best locations on the lake! Welcome to Tippy Lakefront Living in this wonderful lakehouse with 40ft of lake frontage. The kitchen has been updated with grey Kraftmaid Cabinetry and beautiful Quartz countertops. Vinyl plank flooring has also been installed on main level. The living room is combined with indoor dining area- but all boasting lake views. An oversized vinyl deck is the best spot to gather to enjoy lake living all summer long. Vinyl dock is included. This home has been raised and seller does not currently pay flood insurance. There are 3 spacious bedrooms with Master Bedroom being on main level and having double closets. The bedrooms upstairs are plenty large for bunk rooms to pack in a crowd for lake living. Nice deep lot provides plenty of parking on concrete drive and detached garage has attic storage in it as well as space to park cars. This home has also been a successful vacation rental for the last year as well.

Last Agent to Sell the Property

Deb Paton-Showley

Coldwell Banker Real Estate Group Listed on: 01/25/2021

Coldwell Banker Real Estate Group

Last Buyer's Agent

Teresa Bakehorn

Our House Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,525

Year Built

  • Built in 1979

Lot Details

  • 8,960 Sq Ft Lot
  • Lot Dimensions are 40x224
  • 40 Feet of Waterfront
  • Lake Front
  • Property has an invisible fence for dogs
  • Landscaped
  • Level Lot

Parking

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

Home Design

  • Shingle Roof
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,128 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Insulated Windows
  • Insulated Doors
  • Living Room with Fireplace
  • Water Views
  • Storage In Attic
  • Fire and Smoke Detector

Kitchen

  • Electric Oven or Range
  • Stone Countertops
  • Built-In or Custom Kitchen Cabinets

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Double Vanity
  • Separate Shower

Laundry

  • Laundry on main level
  • Washer Hookup

Basement

  • Block Basement Construction
  • Crawl Space

Outdoor Features

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

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Gas
  • Private Company Owned Well
  • Well
  • Septic System

Community Details

  • Pier or Dock

Listing and Financial Details

  • Assessor Parcel Number 43-08-07-400-113.000-023

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,525

Year Built

Built in 1979

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1979
  • Age: 42
  • Style: One and Half Story
  • Total Number of Rooms: 6
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: 5-26-56 LOT 10 2ND ADD KALORAMA PARK
  • Parcel Number ID: 43-08-07-400-113.000-023
  • Platted: Yes
  • Amenities: Attic Storage, Balcony, Ceiling Fan(s), Countertops-Solid Surf, Countertops-Stone, Deck Open, Deck on Waterfront, Detector-Smoke, Garage Door Opener, Landscaped, Patio Open, Range/Oven Hook Up Elec, Twin Sink Vanity, Stand Up Shower, Main Level Bedroom Suite, Main Floor Laundry, Washer Hook-Up, Custom Cabinetry
  • Grid: 55 - N.E. Kosc. Water
  • Improvmnts In Last5 Yrs: Yes
  • Location: Lake
  • Road Access: County
  • Road Surface: Asphalt
  • Sp Lp Percent: 101.11
  • Year Taxes Payable: 2020
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 2128
  • Total Finished Sq Ft: 2128
  • Above Grade Finished Sq Ft: 2128
  • Price Per Sq Ft: 294.53
  • Basement Foundation: Crawl
  • Basement Material: Block
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm, Gas Log, One
  • Fireplace: Yes
  • Flooring: Carpet, Laminate, Vinyl
  • Living Great Room: Dimensions: 12x26, On Level: Main
  • Kitchen: Dimensions: 19x8, On Level: Main
  • Dining Room: Dimensions: 12x10, On Level: Main
  • Bedroom 1: Dimensions: 18x12, On Level: Main
  • Bedroom 2: Dimensions: 13x14, On Level: Upper
  • Bedroom 3: Dimensions: 17x16, On Level: Upper
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt, Shingle
  • Outbuilding1: None
  • Fence: Pet Fence
  • Lake Type: Ski Lake
  • Sea Wall Type: Concrete
  • Water Features: Pier/Dock
  • Water Frontage: 40
  • Water Name: Tippecanoe Lake

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 24x22
  • Garage Sq Ft: 528
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air, Wall AC
  • Heating Fuel: Gas, Forced Air
  • Sewer: Septic
  • Water Utilities: Well
  • Electric Company: REMC
  • Gas Company: NIPSCO
  • Cable Company: Mediacom
  • Hvac: Ceiling Fan
  • Laundry: Dimensions: Mainx5, On Level: 3
  • 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: Level, Waterfront, 0-2.9999, Lake, Water View, Waterfront-Level Bank
  • Lot Dimensions: 40x224
  • Estimated Lot Sq Ft: 8960
  • Estimated Lot Size Acres: 0.2057

Green Features

  • Energy Efficient Windows/Doors: Insulated Doors, Insulated Glass Windows

Tax Info

  • Annual Taxes: 3524.78

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
Jan 25, 2021
Closed on
Apr 2, 2021
Sold by
Boyle Patrick H and Boyle Sharon L
Bought by
Lambert Brad M and Lambert Jodi W
Seller's Agent
Deb Paton-Showley
Coldwell Banker Real Estate Group
Buyer's Agent
Teresa Bakehorn
Our House Real Estate
List Price
$619,900
Sold Price
$626,750
Premium/Discount to List
$6,850
1.11%
Current Estimated Value
$766,268

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,518
Avg. Annual Appreciation
6.64%
Original Mortgage
$501,400
Outstanding Balance
$452,240
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$378,879
Source: Public Records

Range of Values:

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Average Value
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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
Lambert Brad M $626,750 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lambert Brad M $501,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/02/2021 04/02/21 Sold $626,750 +1.1% $295 / Sq Ft
02/01/2021 02/01/21 Pending -- -- --
01/25/2021 01/25/21 For Sale $619,900 -- $291 / 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 $5,968 $608,600 $306,000 $302,600
2023 $5,575 $553,800 $278,500 $275,300
2022 $5,138 $510,900 $265,200 $245,700
2021 $4,098 $391,900 $230,500 $161,400
2020 $3,645 $364,600 $230,500 $134,100
2019 $3,525 $358,100 $230,500 $127,600
2018 $3,136 $348,300 $224,400 $123,900
2017 $3,145 $342,100 $224,400 $117,700
2016 $2,568 $322,500 $216,200 $106,300
2014 $2,831 $322,800 $216,200 $106,600
2013 $2,831 $317,600 $216,200 $101,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202102527

Indiana Regional MLS

APN: 43-08-07-400-113.000-023