NOT LISTED FOR SALE

50 Ems T31 Ln Leesburg, IN 46538

Estimated Value: $322,000 - $422,000

2 Beds
2 Baths
1,347 Sq Ft
$283/Sq Ft Est. Value

Last Sold November 28, 2022

Last sale price $348,000 $258 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $2,269/month

68 Days on Market

Highlights

  • Boat Dock
  • Access To Lake
  • Open Floorplan
  • Warsaw Community High School Rated A-
  • Primary Bedroom Suite
  • Lake Property

About This Home

As of November 2022

Welcome to Lake Tippecanoe- and enjoy this move in ready home that was built in 2018! Just under 1400 sq ft with additional lower level that can be finished with additional bedrooms and a third bathroom (preplumbed). The master suite offers a master bathroom with a tile walk in shower that is oversized and a must see- as well as double vanity, walk in closet and nice sized bedroom. Open concept living is found in this home with spacious main living space and kitchen area. Appliances are included in the kitchen and there is even a pot filler over the stove to make pasta night easy after a long day of playing on Lake Tippecanoe. This is a great neighborhood, walk around the block, bike, and find a spot for your boat just steps away from this home. There is even tennis courts to enjoy the outdoors even more! Close to town for shopping and located in Warsaw Schools. Make this a vacation destination or live in this newer home year round! Lots of potential here for enjoying the lake! Pier space is thru the Property Owners Association and runs $300.00 per year in addition to the $158.04 association dues. Sewers are coming thru in the future, however this property is not required to hook up- it has a 10 year exemption and can apply for 2 - 5 year extension as long as the septic is in good working order.

Last Agent to Sell the Property

Deb Paton-Showley

Coldwell Banker Real Estate Group Listed on: 08/25/2022

Coldwell Banker Real Estate Group

Last Buyer's Agent

Michelle Cabrera

NonMember KBOR

NonMember KBOR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,488

Year Built

  • Built in 2018

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 100x133
  • Backs to Open Ground
  • Rural Setting
  • Landscaped

HOA Fees

  • $13 Monthly HOA Fees

Parking

  • 2.5 Car Attached Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Ranch Style House
  • Poured Concrete
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • Open Floorplan
  • Ceiling Fan
  • Insulated Windows
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Breakfast Bar
  • Electric Oven or Range
  • Laminate Countertops
  • Built-In or Custom Kitchen Cabinets

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • 2 Full Bathrooms
  • Double Vanity
  • Bathtub with Shower
  • Separate Shower

Laundry

  • Laundry on main level
  • Washer and Electric Dryer Hookup

Attic

  • Storage In Attic
  • Pull Down Stairs to Attic

Outdoor Features

  • Access To Lake
  • Waterski or Wakeboard
  • Seawall
  • Lake Property
  • Lake, Pond or Stream
  • Covered Patio or Porch

Schools

  • Leesburg Elementary School
  • Lakeview Middle School
  • Warsaw High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Private Water Source
  • Private Company Owned Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 43-07-12-400-078.000-016

Community Details

Overview

  • $25 Other Monthly Fees
  • Bellrohr Park Subdivision

Recreation

  • Boat Dock
  • Waterfront Owned by Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,488

Year Built

Built in 2018

Lot Details

0

HOA Fees

$13 per month

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 2018
  • Age: 4
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 6
  • Total Number of Rooms Below Grade: 1
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: 029-046-088 Lot 13 Bellrohr Park 6th Add
  • Parcel Number ID: 43-07-12-400-078.000-016
  • Platted: Yes
  • Amenities: 1st Bdrm En Suite, Attic Pull Down Stairs, Attic Storage, Breakfast Bar, Ceiling Fan(s), Closet(s) Walk-in, Countertops-Laminate, Dryer Hook Up Electric, Landscaped, Open Floor Plan, Patio Open, Porch Covered, Range/Oven Hook Up Elec, Twin Sink Vanity, Stand Up Shower, Tub/Shower Combination, Main Level Bedroom Suite, Main Floor Laundry, Washer Hook-Up, Custom Cabinetry
  • Grid: 50 - N.E. Kosc.
  • Improvmnts In Last5 Yrs: Yes
  • Location: Lake, Rural Subdivision
  • Road Access: County
  • Road Surface: Asphalt
  • Sp Lp Percent: 92.8
  • Year Taxes Payable: 2022
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 2694
  • Total Finished Sq Ft: 1347
  • Above Grade Finished Sq Ft: 1347
  • Below Grade Sq Ft: 1347
  • Price Per Sq Ft: 258.35
  • Basement: Yes
  • Basement Foundation: Full Basement, Unfinished
  • Basement Material: Poured Concrete
  • Flooring: Laminate, Tile
  • Living Great Room: Dimensions: 19x12, On Level: Main
  • Kitchen: Dimensions: 13x14, On Level: Main
  • Dining Room: Dimensions: 9x6, On Level: Main
  • Bedroom 1: Dimensions: 12x15, On Level: Main
  • Bedroom 2: Dimensions: 11x14, On Level: Main
  • Other Room1: Master Closet, Dimensions: 7x9, On Level: Main
  • Number of Main Level Full Bathrooms: 2
  • Total Below Grade Sq Ft: 1347

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt, Shingle
  • Outbuilding1: None
  • Lake Type: Ski Lake
  • Sea Wall Type: Rip Rap
  • Water Features: Walk to Lake Access, Assoc
  • Water Name: Tippecanoe Lake

Garage/Parking

  • Driveway: Concrete
  • Garage Type: Attached
  • Garage Number Of Cars: 2.5
  • Garage Size: Dimensions: 24x25
  • Garage Sq Ft: 600
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Septic
  • Water Utilities: Private
  • Electric Company: REMC
  • Gas Company: NIPSCO
  • Cable Company: Mediacom
  • Laundry: Dimensions: Mainx15, On Level: 19
  • Water Type: Lake
  • Well Type: Private

Condo/Co-op/Association

  • Association Restrictions: Yes
  • Association Fees: 158.04
  • Association Fees Frequency: Annually
  • Common Amenities: Dock, Tennis Courts
  • Other Fee Description: Pier Space
  • Other Fees Dollar: 300

Schools

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

Lot Info

  • Lot Description: 0-2.9999, Lake
  • Lot Dimensions: 100x133
  • Estimated Lot Sq Ft: 13068
  • Estimated Lot Size Acres: 0.3

Green Features

  • Energy Efficient Windows/Doors: Insulated Glass Windows

Tax Info

  • Annual Taxes: 1488
  • Exemptions: Homestead, Mortgage

Multi Family

  • Water Access: Easement/Other

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2022
Closed on
Nov 21, 2022
Sold by
Kiphart Kyle
Bought by
Flager Austin M and Flager Megan M
Seller's Agent
Deb Paton-Showley
Coldwell Banker Real Estate Group
Buyer's Agent
Michelle Cabrera
NonMember KBOR
List Price
$399,900
Sold Price
$348,000
Premium/Discount to List
-$51,900
-12.98%
Current Estimated Value
$381,791

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,791
Avg. Annual Appreciation
5.25%
Original Mortgage
$341,696
Outstanding Balance
$331,783
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$68,640

Purchase Details

Closed on
Mar 30, 2017
Sold by
Patricia
Bought by
Kyle Kiphart
Source: Public Records

Range of Values:

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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
Flager Austin M -- --
Kyle Kiphart $26,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flager Austin M $341,696
Previous Owner Kiphart Kyle R $200,000
Previous Owner Kiphart Kyle R $201,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/28/2022 11/28/22 Sold $348,000 -7.2% $258 / Sq Ft
09/08/2022 09/08/22 Price Changed $375,000 -2.6% $278 / Sq Ft
08/28/2022 08/28/22 Price Changed $384,900 -3.8% $286 / Sq Ft
08/25/2022 08/25/22 For Sale $399,900 -- $297 / 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 $2,096 $335,000 $51,500 $283,500
2023 $1,927 $319,000 $51,500 $267,500
2022 $1,881 $292,900 $51,500 $241,400
2021 $1,489 $238,200 $43,800 $194,400
2020 $1,396 $226,000 $43,800 $182,200
2019 $2,548 $217,000 $43,800 $173,200
2018 $576 $49,200 $35,800 $13,400
2017 $525 $47,300 $34,500 $12,800
2016 $667 $55,100 $42,500 $12,600
2014 $602 $53,800 $42,500 $11,300
2013 $602 $53,800 $42,500 $11,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202235566

Indiana Regional MLS

APN: 43-07-12-400-078.000-016