
387 Ems T26 Ln Leesburg, IN 46538
Estimated payment $3,532/month
Highlights
- 33 Feet of Waterfront
- Open Floorplan
- Backs to Open Ground
- Warsaw Community High School Rated A-
- Lake Property
- Patio
About This Home
Rare Lakefront Opportunity on Sought-After Lake Tippecanoe! Don’t miss this unique chance to own not just one, but two charming lake cottages nestled on a beautifully level lakefront property at the highly desirable Lake Tippecanoe — a 786-acre all-sport lake perfect for boating, fishing, and water sports. Known for its vibrant community and unforgettable Independence Day fireworks show, Lake Tippecanoe offers the ultimate blend of recreation and relaxation. Whether you're looking to create cherished family memories or entertain guests all summer long, this property is ready to make it happen. Each cottage features its own living area, dining space, and full kitchen, along with multiple bedrooms and entertainment areas to accommodate friends and family. Step outside to enjoy the spacious lakeside patio — ideal for cookouts, sunset views, and lakeside lounging. This is more than just a lake property — it’s a lifestyle. Come tour this rare double-cottage lakefront retreat today, and make Lake Tippecanoe your new favorite getaway!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,177
Year Built
- Built in 1938
Lot Details
- 5,610 Sq Ft Lot
- Lot Dimensions are 33x132x5x33
- 33 Feet of Waterfront
- Lake Front
- Backs to Open Ground
- Level Lot
Home Design
- Cabin
- Slab Foundation
- Shingle Roof
- Asphalt Roof
- Vinyl Construction Material
Interior Spaces
- 1,794 Sq Ft Home
- 1.5-Story Property
- Open Floorplan
- Crawl Space
- Gas Oven or Range
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 6 Bedrooms
- 2 Full Bathrooms
Parking
- Gravel Driveway
- Off-Street Parking
Outdoor Features
- Lake Property
- Lake, Pond or Stream
- Patio
Schools
- Leesburg Elementary School
- Lakeview Middle School
- Warsaw High School
Utilities
- Forced Air Heating System
- Heating System Uses Gas
- Private Company Owned Well
- Well
- Septic System
Community Details
- Cripple Gate Heights Subdivision
Listing and Financial Details
- Assessor Parcel Number 43-07-12-300-263.000-016
Map
Home Values in the Area
Average Home Value in this Area
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 | $4,177 | $357,500 | $252,800 | $104,700 |
2023 | $4,037 | $324,500 | $230,300 | $94,200 |
2022 | $3,535 | $302,800 | $219,500 | $83,300 |
2021 | $3,087 | $260,400 | $190,800 | $69,600 |
2020 | $3,123 | $257,400 | $190,800 | $66,600 |
2019 | $2,985 | $254,200 | $190,800 | $63,400 |
2018 | $2,899 | $247,600 | $186,100 | $61,500 |
2017 | $2,719 | $245,000 | $186,100 | $58,900 |
2016 | $2,970 | $245,200 | $192,300 | $52,900 |
2014 | $2,729 | $244,000 | $192,300 | $51,700 |
2013 | $2,729 | $241,500 | $192,300 | $49,200 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
06/20/2025 06/20/25 | For Sale | $599,900 | -- | $334 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Interfamily Deed Transfer | -- | None Available |
Similar Home in Leesburg, IN
Source: Indiana Regional MLS
MLS Number: 202523803

APN: 43-07-12-300-263.000-016
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