Seller's Agent in 2022
Deb Paton-Showley
Coldwell Banker Real Estate Group
(574) 527-6022
507 Total Sales
48 Ems T24 Ln Leesburg, IN 46538
Estimated Value: $622,000 - $891,285
4
Beds
2
Baths
2,340
Sq Ft
$342/Sq Ft
Est. Value
Highlights
- 50 Feet of Waterfront
- Pier or Dock
- Living Room with Fireplace
- Warsaw Community High School Rated A-
- Lake Property
- Vaulted Ceiling
About This Home
As of June 2022Welcome to 50 ft of prime lakefront living on Lake Tippecanoe in this wonderful vacation home. This home offers 4 bedrooms as well as a living room, family room, gaming area, kitchen and lake side dining - which makes it a perfect Vacation Rental or use it for your own use all the time- you choose! Newer Dock was purchased and installed and there are even a Surf Boat and Pontoon Boat available to purchase separately. Inside, many updates provide an easy transition into lake living- This home is Turn Key- so bring your toothbrush and your surfboard and be prepared to enjoy summer fun at Lake Tippecanoe. The main living space has a fireplace that is wood burning, laminate flooring and open concept floor plan- as the kitchen is open to the family room as well as dining area and step out on the oversized decking to enjoy dinner lakeside! Experience sunset views from this location that will take your breath away throughout the summer months. There is a very large level yard that provides a perfect backdrop for family fun and entertaining. This property offers a sandy bottom which is great for swimming and this may just be a perfect location to watch the coveted 4th of July fireworks from your yard, dock or deck! Fireworks on Lake Tippecanoe are something everyone should experience! Back inside- the main level features a living room with fireplace and 4 bedrooms- 2 with wonderful lake views as well as a screened porch off 2 of the bedrooms to get the most out of lake living. There is a bathroom and large walk-in storage closet also found here. Experience lake living and all the fun that you can have at Lake Tippecanoe - an all sports lake- Tippy is the Deepest Natural Glacier Made Lake in Indiana and is home to many wonderful memories for the residents- start living your dreams now in this great lake home!
Last Agent to Sell the Property
Coldwell Banker Real Estate Group Listed on: 04/15/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,409
Year Built
- Built in 1958
Lot Details
- 9,148 Sq Ft Lot
- Lot Dimensions are 50x186
- 50 Feet of Waterfront
- Lake Front
- Rural Setting
- Landscaped
- Lot Has A Rolling Slope
Home Design
- Walk-Out Ranch
- Shingle Roof
- Asphalt Roof
- Vinyl Construction Material
Interior Spaces
- 1-Story Property
- Vaulted Ceiling
- Ceiling Fan
- Skylights
- Wood Burning Fireplace
- Entrance Foyer
- Living Room with Fireplace
- 2 Fireplaces
- Screened Porch
- Water Views
- Washer and Electric Dryer Hookup
Kitchen
- Breakfast Bar
- Electric Oven or Range
- Laminate Countertops
Flooring
- Parquet
- Carpet
- Laminate
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Bathtub with Shower
- Separate Shower
Finished Basement
- Walk-Out Basement
- Sump Pump
- Block Basement Construction
- 1 Bathroom in Basement
Parking
- Driveway
- Off-Street Parking
Outdoor Features
- Sun Deck
- Waterski or Wakeboard
- Seawall
- Lake Property
- Lake, Pond or Stream
Schools
- Leesburg Elementary School
- Lakeview Middle School
- Warsaw High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Private Company Owned Well
- Well
- Septic System
Listing and Financial Details
- Assessor Parcel Number 43-07-12-200-183.000-016
Community Details
Recreation
- Pier or Dock
Additional Features
- Ashton Subdivision
- Community Fire Pit
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 15, 2022
Closed on
May 31, 2022
Sold by
Robles and Stefany
Bought by
Meridew Jason and Meridew Aimee
Seller's Agent
Deb Paton-Showley
Coldwell Banker Real Estate Group
Buyer's Agent
Brian Peterson
Brian Peterson Real Estate
List Price
$724,900
Sold Price
$800,000
Premium/Discount to List
$75,100
10.36%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,695
Avg. Annual Appreciation
0.82%
Original Mortgage
$623,200
Outstanding Balance
$593,815
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$227,449
Purchase Details
Listed on
Aug 28, 2017
Closed on
May 18, 2018
Sold by
Roederer Margaret A and Margaret A Roederer Revocable
Bought by
Robles James and Robles Stefany
Seller's Agent
Lynn Reecer
Reecer Real Estate Advisors
Buyer's Agent
Alysia Hammel
Re/Max Lakes
List Price
$524,900
Sold Price
$475,000
Premium/Discount to List
-$49,900
-9.51%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.74%
Original Mortgage
$427,500
Interest Rate
4.4%
Mortgage Type
New Conventional
Purchase Details
Listed on
Aug 28, 2017
Closed on
May 12, 2018
Sold by
Margaret
Bought by
James Robles
Seller's Agent
Lynn Reecer
Reecer Real Estate Advisors
Buyer's Agent
Alysia Hammel
Re/Max Lakes
List Price
$524,900
Sold Price
$475,000
Premium/Discount to List
-$49,900
-9.51%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$427,500
Interest Rate
4.4%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 21, 2016
Sold by
Roederer James P and Roederer Margaret A
Bought by
Roederer James P and Roederer Margaret A
Purchase Details
Closed on
Jul 17, 2000
Sold by
Robert Gross
Bought by
Roederer James P and Roederer Margaret A
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Meridew Jason | $800,000 | Hardig Edward W | |
| Robles James | -- | None Available | |
| James Robles | $475,000 | -- | |
| Roederer James P | -- | Mtc | |
| Roederer James P | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Meridew Jason | $623,200 | |
| Previous Owner | Robles James | $427,500 | |
| Previous Owner | Roederer James P | $200,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/01/2022 06/01/22 | Sold | $800,000 | +10.4% | $342 / Sq Ft |
| 05/26/2022 05/26/22 | Pending | -- | -- | -- |
| 04/15/2022 04/15/22 | For Sale | $724,900 | +52.6% | $310 / Sq Ft |
| 05/16/2018 05/16/18 | Sold | $475,000 | -9.5% | $203 / Sq Ft |
| 03/31/2018 03/31/18 | Pending | -- | -- | -- |
| 08/28/2017 08/28/17 | For Sale | $524,900 | -- | $224 / Sq Ft |
Source: Indiana Regional MLS
Tax History Compared to Growth
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 | $8,060 | $689,800 | $395,300 | $294,500 |
| 2023 | $7,407 | $625,100 | $360,100 | $265,000 |
| 2022 | $6,338 | $545,900 | $343,200 | $202,700 |
| 2021 | $5,409 | $459,300 | $298,300 | $161,000 |
| 2020 | $5,446 | $451,900 | $298,300 | $153,600 |
| 2019 | $5,185 | $444,500 | $298,300 | $146,200 |
| 2018 | $4,967 | $424,200 | $291,000 | $133,200 |
| 2017 | $4,630 | $417,200 | $291,000 | $126,200 |
| 2016 | $5,109 | $421,800 | $313,100 | $108,700 |
| 2014 | $4,786 | $427,900 | $313,100 | $114,800 |
| 2013 | $4,786 | $422,300 | $313,100 | $109,200 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2022
Brian Peterson
Brian Peterson Real Estate
(574) 265-4801
623 Total Sales
-
Seller's Agent in 2018
Lynn Reecer
Reecer Real Estate Advisors
(260) 434-5750
325 Total Sales
-
Buyer's Agent in 2018
Alysia Hammel
RE/MAX
(260) 609-5255
26 Total Sales
Map
Source: Indiana Regional MLS
MLS Number: 202213243
APN: 43-07-12-200-183.000-016
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