NOT LISTED FOR SALE

424 Ems T26 Ln Leesburg, IN 46538

Estimated Value: $174,000 - $389,000

6 Beds
1.5 Baths
2,472 Sq Ft
$98/Sq Ft Est. Value

Last Sold July 20, 2016

Last sale price $73,500 $30 Per Sq Ft

Est. 231% increase in value since last sale

Current estimated payment $1,397/month

88 Days on Market

Highlights

  • Access To Lake
  • Open Floorplan
  • Backs to Open Ground
  • Warsaw Community High School Rated A-
  • Lake Property
  • 1 Fireplace

About This Home

As of July 2016

6 Bedroom, 1.5 Bath year round home in the heart of Tippy Lake historic ballroom area. Lakeview with a rented pier space and a boat launch a stones throw away. Lots of storage for lake toys available with full unfinished basement. Main floor open concept with Kitchen, Living, and Dining room. Plenty of room for the whole family's entertainment, while maintaining private sleeping for 12. Plenty of Parking. Get on Tippy Lake this summer at an affordable price, and lock in your rented pier space today. (Sellers have secured pier space for 2016.)

Last Agent to Sell the Property

Greg White

Re/Max Lakes Listed on: 03/22/2016

Last Buyer's Agent

Heather Bowser

Starz Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $804

Year Built

  • Built in 1926

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 33x120
  • Backs to Open Ground
  • Level Lot

Home Design

  • Shingle Roof
  • Rubber Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • 1 Fireplace
  • Entrance Foyer
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Attic Fan
  • Fire and Smoke Detector
  • Electric Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Oven or Range
  • Laminate Countertops

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Separate Shower

Outdoor Features

  • Access To Lake
  • Lake Property
  • Enclosed patio or porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 43-07-12-300-313.000-016

Home Details

Home Type

Single Family

Est. Annual Taxes

$804

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1926
  • Age: 90
  • Style: Two Story
  • Total Number of Rooms: 10
  • Bedrooms: 6
  • Number Above Grade Bedrooms: 6
  • Total Bathrooms: 2
  • Total Full Bathrooms: 1
  • Total Number of Half Bathrooms: 1
  • Legal Description: 029-047-052 LOT 36 CRIPPLEGATE HEIGHTS
  • Parcel Number ID: 43-07-12-300-313.000-016
  • Platted: Yes
  • Amenities: Antenna, Breakfast Bar, Countertops-Laminate, Deck Open, Detector-Smoke, Dryer Hook Up Electric, Eat-In Kitchen, Foyer Entry, Open Floor Plan, Porch Enclosed, Range/Oven Hook Up Gas, Stand Up Shower
  • Grid: 50 - N.E. Kosc.
  • Location: Lake
  • Sp Lp Percent: 86.57
  • Special Features: None

Interior Features

  • Total Sq Ft: 2472
  • Total Finished Sq Ft: 2472
  • Above Grade Finished Sq Ft: 1752
  • Below Grade Finished Sq Ft: 720
  • Basement: Yes
  • Basement Foundation: Full Basement, Unfinished
  • Number Of Fireplaces: 1
  • Fireplace: One
  • Living Great Room: Dimensions: 12x24, On Level: Main
  • Kitchen: Dimensions: 16x13, On Level: Main
  • Dining Room: Dimensions: 12x12, On Level: Main
  • Family Room: Dimensions: 16x12, On Level: Main
  • Extra Room: 6th Bedroom, Dimensions: 8x10, On Level: Upper
  • Bedroom 1: Dimensions: 12x12, On Level: Upper
  • Bedroom 2: Dimensions: 12x12, On Level: Upper
  • Bedroom 3: Dimensions: 12x10, On Level: Upper
  • Bedroom 4: Dimensions: 10x10, On Level: Upper
  • Bedroom 5: Dimensions: 9x9, On Level: Upper
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 720

Exterior Features

  • Exterior: Wood
  • Roof Material: Rubber, Shingle
  • Outbuilding1: None
  • Water Features: Walk to Lake Access

Utilities

  • Cooling: Attic Fan, Wall AC
  • Heating Fuel: Gas, Baseboard, Forced Air
  • Sewer: Septic
  • Water Utilities: Well
  • Electric Company: NIPSCO
  • Gas Company: NIPSCO
  • Well Size: 2 Inches
  • Well Type: Private

Schools

  • School District: Warsaw Community
  • Elementary School: Leesburg
  • Middle School: Lakeview
  • High School: Warsaw

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 33X120
  • Estimated Lot Sq Ft: 3920
  • Estimated Lot Size Acres: 0.09
  • Lot Number: 36

Tax Info

  • Annual Taxes: 804
  • Total Assessed Value: 71900

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 15, 2017
Sold by
424 Ems T26 Lane Land Trust
Bought by
Thompson William A and Thompson Laurie A
Current Estimated Value
$242,993

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Outstanding Balance
$53,826
Interest Rate
4.08%
Mortgage Type
New Conventional
Estimated Equity
$199,986

Purchase Details

Closed on
Sep 20, 2016
Sold by
Hosuemart Biz Inc
Bought by
424 Ems T26 Lane Land Trust

Purchase Details

Listed on
Mar 22, 2016
Closed on
Jul 19, 2016
Sold by
Bramlett Robert E and Bramlett Linda C
Bought by
Housemartbiz Inc
Seller's Agent
Greg White
Re/Max Lakes
Buyer's Agent
Heather Bowser
Starz Realty, LLC
List Price
$94,900
Sold Price
$73,500
Premium/Discount to List
-$21,400
-22.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.83%

Purchase Details

Closed on
Feb 4, 2011
Sold by
Morris Randall J and Morris Michelle K
Bought by
Colwell Timothy R and Colwell Lanna S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
4.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 5, 2001
Sold by
Zech Charles E and Zech Ruth A
Bought by
Bender Christopher and Bender Mariam A
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Thompson William A -- Indiana Title Network Co
424 Ems T26 Lane Land Trust -- Attorney
Housemartbiz Inc -- Indiana Title Network Co
Housemartbiz Inc -- Indiana Title Network Co
Colwell Timothy R -- None Available
Bender Christopher -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thompson William A $64,000
Previous Owner Colwell Timothy R $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2016 07/20/16 Sold $73,500 -22.6% $30 / Sq Ft
06/18/2016 06/18/16 Pending -- -- --
03/22/2016 03/22/16 For Sale $94,900 -- $38 / 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 $592 $129,000 $16,500 $112,500
2023 $523 $121,600 $16,500 $105,100
2022 $494 $114,700 $16,500 $98,200
2021 $338 $93,500 $14,000 $79,500
2020 $312 $89,200 $14,000 $75,200
2019 $274 $85,500 $14,000 $71,500
2018 $945 $80,700 $14,000 $66,700
2017 $851 $76,700 $14,000 $62,700
2016 $937 $77,400 $14,000 $63,400
2014 $804 $71,900 $14,000 $57,900
2013 $804 $71,900 $14,000 $57,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201611500

Indiana Regional MLS

APN: 43-07-12-300-313.000-016