NOT LISTED FOR SALE

40 Ems B42d Ln Leesburg, IN 46538

Estimated Value: $533,000 - $757,410

3 Beds
2 Baths
2,085 Sq Ft
$318/Sq Ft Est. Value

Last Sold July 12, 2024

Last sale price $750,000 $360 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $3,715/month

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

  • 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
  • Main Level Sq Ft: 1245
  • 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
$662,853

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$87,147
Avg. Annual Appreciation
-9.20%
Original Mortgage
$712,500
Outstanding Balance
$704,055
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
-$41,202

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

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
Brown Randy A $750,000 None Listed On Document
Carter Lari E -- None Listed On Document
Paraschos Chris -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Randy A $712,500
Previous Owner Carter Lari E $465,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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

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Map

Source: Indiana Regional MLS

MLS Number: 202417426

Indiana Regional MLS

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