$750,000
SOLD JUL 12, 2024

40 Ems B42d Ln Leesburg, IN 46538

3 Beds
2 Baths
2,085 Sq Ft
6,970 Sq Ft Lot

Recently Sold

$360 Per Sq Ft

4 Days on Market

Highlights

  • 50 Feet of Waterfront
  • Lake Property
  • Great Room
  • Pier or Dock
  • Traditional Architecture
  • Balcony

About This Home

As of July 2024

Discover the epitome of lakefront living at its finest with this stunning property boasting 50 feet of prime waterfront on the Barbee Chain of Lakes. Recently renovated from top to bottom, this picturesque lake home offers a perfect blend of modern luxury and serene natural beauty. You’re immediately greeted by the main living area, adorned with panoramic views of the lake. The spacious floor plan invites you to relax and entertain in style. Two thoughtfully designed bedrooms and a full bath on the main floor provide comfort and convenience for both residents and guests. The heart of this home lies in its bright and elegant custom kitchen, featuring exquisite suede stone countertops and ample storage solutions. Entertaining becomes a breeze with a full wet bar and a separate dining area. On the second floor, you'll find a generously sized bedroom and bathroom, complete with walk-in closet. Step out onto the second-story deck and indulge in breathtaking vistas of the tranquil lake surroundings, offering a peaceful retreat to unwind and recharge. The outdoor amenities truly shine as the crown jewel of this property. A spacious concrete patio beckons outdoor enjoyment, while the private pier provides plenty of space for water toys of all varieties, promising endless hours of lakeside fun and adventure. This Barbee Chain lakefront home embodies the essence of lakeside serenity and luxury living. With its recent renovations, stunning views, and unparalleled outdoor features, it presents an unparalleled opportunity to experience the ultimate lakefront lifestyle. Don't miss your chance to schedule a private tour and immerse yourself in the beauty and tranquility of this exquisite lakeside retreat.

Last Agent to Sell the Property

Sally Bailey

Coldwell Banker Real Estate Group Brokerage Phone: 574-527-1425 Listed on: 05/14/2024

Coldwell Banker Real Estate Group

Last Buyer's Agent

Deb Paton-Showley

Coldwell Banker Real Estate Group

Coldwell Banker Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,309

Year Built

  • Built in 1945

Lot Details

  • 6,970 Sq Ft Lot
  • 50 Feet of Waterfront
  • Level Lot

Parking

  • 2 Car Detached Garage
  • Heated Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Traditional Architecture
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,085 Sq Ft Home
  • 1.5-Story Property
  • Wet Bar
  • Built-In Features
  • Ceiling Fan
  • Skylights
  • Great Room
  • Laminate Flooring
  • Crawl Space
  • Laminate Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Double Vanity
  • Bathtub with Shower
  • Separate Shower

Laundry

  • Laundry on main level
  • Electric Dryer Hookup

Outdoor Features

  • Waterski or Wakeboard
  • 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
  • Heating System Uses Gas
  • Private Company Owned Well
  • Well

Listing and Financial Details

  • Assessor Parcel Number 43-08-21-300-214.000-023

Community Details

Overview

  • Pfeiffer Veach Subdivision

Recreation

  • Pier or Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,309

Year Built

Built in 1945

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1945
  • Age: 79
  • Style: One and Half Story
  • Architectural Style: Traditional
  • Total Number of Rooms: 7
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: 005-083-278 Lots 5 & 6 Pfeiffer Veach Add
  • Parcel Number ID: 43-08-21-300-214.000-023
  • Platted: Yes
  • Amenities: Balcony, Built-in Desk, Ceiling Fan(s), Closet(s) Walk-in, Countertops-Laminate, Countertops-Stone, Dryer Hook Up Electric, Garage Door Opener, Patio Open, Skylight(s), Twin Sink Vanity, Wet Bar, Stand Up Shower, Tub/Shower Combination, Garage-Heated, Great Room, Main Floor Laundry
  • Grid: 55 - N.E. Kosc. Water
  • Improvmnts In Last5 Yrs: Yes
  • Location: Lake
  • Road Surface: Paved
  • Sp Lp Percent: 100
  • Year Taxes Payable: 2024
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 2085
  • Total Finished Sq Ft: 2085
  • Above Grade Finished Sq Ft: 2085
  • Price Per Sq Ft: 359.71
  • Basement Foundation: Crawl
  • Flooring: Laminate
  • Living Great Room: Dimensions: 11x27, On Level: Main
  • Kitchen: Dimensions: 14x10, On Level: Main
  • Recreation Room: Dimensions: 9x24, On Level: Main
  • Bedroom 1: Dimensions: 13x9, On Level: Main
  • Bedroom 2: Dimensions: 14x20, On Level: Main
  • Bedroom 3: Dimensions: 19x21, On Level: Upper
  • Other Room1: Bar, Dimensions: 9x11, On Level: Main
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt
  • Outbuilding1: Outbuilding, Dimensions: 20x32
  • Lake Type: Ski Lake
  • Water Features: Pier/Dock
  • Water Frontage: 50
  • Water Name: Sawmill Lake

Garage/Parking

  • Driveway: Asphalt
  • Garage Type: Detached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 2x3
  • Garage Sq Ft: 6
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Regional
  • Water Utilities: Well
  • Electric Company: NIPSCO
  • Gas Company: NIPSCO
  • Laundry: Dimensions: Mainx8, On Level: 8
  • 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, Waterfront-Level Bank
  • Lot Dimensions: 50x70, 50x70
  • Estimated Lot Sq Ft: 6970
  • Estimated Lot Size Acres: 0.16

Tax Info

  • Annual Taxes: 4309.24
  • Exemptions: Homestead

Multi Family

  • Water Access: Frontage Lot

MLS Schools

  • High School: Wawasee
  • Middle School: Wawasee
  • School District: Wawasee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2024
Closed on
Jul 12, 2024
Sold by
Carter Lori E
Bought by
Brown Randy A and Brown Romaine A
Seller's Agent
Sally Bailey
Coldwell Banker Real Estate Group
Buyer's Agent
Deb Paton-Showley
Coldwell Banker Real Estate Group
List Price
$750,000
Sold Price
$750,000
Views
6
Current Estimated Value
$720,194

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$29,806
Avg. Annual Appreciation
-1.91%
Original Mortgage
$712,500
Outstanding Balance
$707,151
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$29,388

Purchase Details

Closed on
Oct 18, 2021
Sold by
Chis Paraschos
Bought by
Carter Lari E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$465,000
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 12, 2019
Sold by
Parasehos Chris
Bought by
Paraschos Chris
Source: Public Records

Similar Homes in Leesburg, IN

  • 54 Ems B38a Ln, Leesburg, IN 46538

    $598,500

    • 3 Beds
    • 2.5 Baths
    • 2,332 Sq Ft
    • 54 Ems B38a Ln
    • Leesburg, IN

    LOOKING FOR A LAKE RETREAT? DON’T MISS THIS IRISH LAKEFRONT OPPORTUNITY! Located just under 200 feet from the shoreline of Irish Lake, this 4-bedroom home offers the perfect blend of lake living and potential. Nearly complete, the home includes most of the materials needed—just bring your time and finishing touches. It's fully livable now, so you can start enjoying lake life while completing the

    Kay Young ERA Crossroads

    Section Image
  • 52 Ems B40 Ln, Leesburg, IN 46538

    $579,900

    • 3 Beds
    • 3 Baths
    • 2,276 Sq Ft
    • 52 Ems B40 Ln
    • Leesburg, IN

    OPEN HOUSE SATURDAY, MAY 3rd Noon-2pm!! Motivated Seller's! This Lakefront log sided home is located along the picturesque shores of Sawmill Lake. Sawmill Lake is part of the Barbee Chain of Lakes that consists of 7 interconnected lakes with over 738 acres of aquatic paradise awaiting your exploration, including Big Barbee Lake, which is an all sports lake. The main level of the house greats

    Jeremy Doerr Re/Max Partners

    Section Image
  • 52 Ems B40a1 Ln, Leesburg, IN 46538

    $725,000

    • 3 Beds
    • 2.5 Baths
    • 1,814 Sq Ft
    • 52 Ems B40a1 Ln
    • Leesburg, IN

    One-of-a-kind property! Located on 1.02 acres of beautiful Banning Lake with 332 feet of frontage and offers 3 bedrooms, 2 1/2 baths with over 1,800 square feet. Lake views and privacy are fantastic. Large 3 car garage with ample storage and parking.

    Bev Ganshorn Brian Peterson Real Estate

    Section Image
  • 3705 E Forest Glen Ave, Leesburg, IN 46538

    $579,000

    • 3 Beds
    • 2.5 Baths
    • 3,083 Sq Ft
    • 3705 E Forest Glen Ave
    • Leesburg, IN

    Start Showing Date: 6/1/2025 Welcome to 3705 E Forest Glen Ave in Leesburg, IN—a fantastic new listing that blends comfort with the beauty of lake living, without lakefront pricing! This 3-bedroom, 2.5-bath home offers 3,083 square feet of inviting interior space and plenty of room to relax and entertain. Located just across the street from Lake Tippecanoe, you'll enjoy deeded lake access and

    Deb Paton-Showley Coldwell Banker Real Estate Group

    Section Image
  • 387 Ems T26 Ln, Leesburg, IN 46538

    $599,900

    • 6 Beds
    • 2 Baths
    • 1,794 Sq Ft
    • 387 Ems T26 Ln
    • Leesburg, IN

    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

    Brian Peterson Brian Peterson Real Estate

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $750,000 None Listed On Document
Quit Claim Deed -- None Listed On Document
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $712,500 New Conventional
Previous Owner $465,000 New Conventional
Previous Owner $465,000 New Conventional
Previous Owner $106,500 New Conventional
Previous Owner $72,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2024 07/12/24 Sold $750,000 0.0% $360 / Sq Ft
05/14/2024 05/14/24 For Sale $750,000 -- $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 $2,534 $461,500 $132,000 $329,500
2023 $4,309 $428,100 $121,900 $306,200
2022 $3,807 $376,300 $107,500 $268,800
2021 $1,054 $186,500 $95,500 $91,000
2020 $965 $186,100 $94,400 $91,700
2019 $640 $149,300 $81,700 $67,600
2018 $543 $142,100 $77,400 $64,700
2017 $531 $138,200 $77,400 $60,800
2016 $450 $136,300 $81,700 $54,600
2014 $481 $133,700 $81,700 $52,000
2013 $481 $129,900 $81,700 $48,200
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 202417426

Indiana Regional MLS

APN: 43-08-21-300-214.000-023