NOT LISTED FOR SALE

48 Ems B40 Ln Leesburg, IN 46538

Estimated Value: $328,000 - $404,000

4 Beds
2 Baths
1,228 Sq Ft
$302/Sq Ft Est. Value

Last Sold July 21, 2023

Last sale price $350,000 $285 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,265/month

1 Day on Market

Highlights

  • 40 Feet of Waterfront
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Lake, Pond or Stream
  • 1-Story Property

About This Home

As of July 2023

This home is located at 48 Ems B40 Ln, Leesburg, IN 46538 since 20 June 2023 and is currently estimated at $370,446, approximately $301 per square foot. This property was built in 1961. 48 Ems B40 Ln is a home located in Kosciusko County with nearby schools including Wawasee High School.

Last Agent to Sell the Property

Mary Mills

Homes Land & Lakes Realty Listed on: 06/20/2023

Last Buyer's Agent

Mary Mills

Homes Land & Lakes Realty Listed on: 06/20/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $741

Year Built

  • Built in 1961

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 40x243
  • 40 Feet of Waterfront
  • Lake Front

Parking

  • 2 Car Attached Garage
  • Off-Street Parking

Interior Spaces

  • 1,228 Sq Ft Home
  • 1-Story Property
  • Free Standing Fireplace
  • Living Room with Fireplace
  • Crawl Space

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Lake, Pond or Stream

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

Community Details

  • Swartz & Holes Subdivision

Listing and Financial Details

  • Assessor Parcel Number 43-08-20-100-100.000-023

Home Details

Home Type

Single Family

Est. Annual Taxes

$741

Year Built

Built in 1961

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1961
  • Age: 62
  • Style: One Story
  • Total Number of Rooms: 7
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: S 1/2 LOT 8 & N 1/2 LOT 9 SWARTZ 7 HOLES ADD
  • Parcel Number ID: 43-08-20-100-100.000-023
  • Platted: Yes
  • Grid: 15 - Central Kosc. Water
  • Sp Lp Percent: 87.72
  • Year Taxes Payable: 2023
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1228
  • Total Finished Sq Ft: 1228
  • Above Grade Finished Sq Ft: 1228
  • Price Per Sq Ft: 285.02
  • Basement Foundation: Crawl
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm, Free Standing, Vented
  • Fireplace: Yes
  • Living Great Room: Dimensions: 17x12, On Level: Main
  • Kitchen: Dimensions: 14x11, On Level: Main
  • Bedroom 1: Dimensions: 11x11, On Level: Main
  • Bedroom 2: Dimensions: 13x9, On Level: Main
  • Bedroom 3: Dimensions: 13x10, On Level: Main
  • Bedroom 4: Dimensions: 13x9, On Level: Main
  • Other Room1: Dimensions: 19x10
  • Number of Main Level Full Bathrooms: 2

Exterior Features

  • Exterior: Aluminum
  • Outbuilding1: None
  • Lake Type: Access to Ski Lake
  • Water Frontage: 40
  • Water Name: Sawmill Lake

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 36x20
  • Garage Sq Ft: 720
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Regional
  • Water Utilities: Well
  • 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: Waterfront, Waterfront-High Bank
  • Lot Dimensions: 40x243
  • Estimated Lot Sq Ft: 9583
  • Estimated Lot Size Acres: 0.22

Tax Info

  • Annual Taxes: 740.88

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
Jun 20, 2023
Closed on
Jul 21, 2023
Sold by
Wilke Charles D and Wilke Sharon R
Bought by
Cumberland Craig M and Cumberland Amy R
Seller's Agent
Mary Mills
Homes Land & Lakes Realty
Buyer's Agent
Mary Mills
Homes Land & Lakes Realty
List Price
$399,000
Sold Price
$350,000
Premium/Discount to List
-$49,000
-12.28%
Views
3
Current Estimated Value
$370,446

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,446
Avg. Annual Appreciation
4.93%
Original Mortgage
$315,000
Outstanding Balance
$309,211
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$78,176
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
Cumberland Craig M $350,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cumberland Craig M $315,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2023 07/21/23 Sold $350,000 -12.3% $285 / Sq Ft
06/21/2023 06/21/23 Pending -- -- --
06/20/2023 06/20/23 For Sale $399,000 -- $325 / 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 $2,952 $301,000 $138,800 $162,200
2023 $830 $250,300 $127,200 $123,100
2022 $741 $217,600 $110,700 $106,900
2021 $549 $185,700 $98,400 $87,300
2020 $440 $172,600 $93,200 $79,400
2019 $406 $166,100 $89,500 $76,600
2018 $323 $157,800 $84,600 $73,200
2017 $302 $153,200 $84,600 $68,600
2016 $337 $148,600 $92,700 $55,900
2014 $354 $145,500 $92,700 $52,800
2013 $354 $141,600 $92,700 $48,900
Source: Public Records

Agents Affiliated with this Home

  • Mary Mills

    Seller's Agent in 2023

    Mary Mills

    Homes Land & Lakes Realty

    (574) 551-6578

    26 Total Sales

    Mary Mills
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Map

Source: Indiana Regional MLS

MLS Number: 202325657

Indiana Regional MLS

APN: 43-08-20-100-100.000-023

Indiana Kosciusko County Leesburg 46538

48 Ems B40 Ln, Leesburg, IN

This home is located at 48 Ems B40 Ln, Leesburg, IN 46538 since 20 June 2023 and is currently estimated at $370,446, approximately $301 per square foot. This property was built in 1961. 48 Ems B40 Ln is a home located in Kosciusko County with nearby schools including Wawasee High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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