$200,000
UNDER CONTRACT

5188 N 475 E Leesburg, IN 46538

Estimated payment $1,103/month

Total Views 53
3 Beds
1.5 Baths
1,200 Sq Ft
$167 Price per Sq Ft

Highlights

  • 1 Fireplace
  • Forced Air Heating and Cooling System
  • Level Lot
  • 1-Story Property

About This Home

Nestled on over half an acre, this beautifully updated 3-bedroom home offers the perfect blend of comfort, convenience, and lake life. New roof only days old and a new furnace! Freshly painted and featuring new flooring throughout, this move in ready home is ideal for year-round living or a peaceful getaway. Enjoy shared lake access just steps away. And take advantage of the home's central location right in the heart of the lakes. Paired with an impressive garden with raised beds perfect for that farm to table lifestyle. This home is a true rare find!

Listing Agent

Kerri Patrick

Patton Hall Real Estate Brokerage Phone: 574-265-1499 Listed on: 07/24/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $440

Year Built

  • Built in 1977

Lot Details

  • 0.51 Acre Lot
  • Lot Dimensions are 260 x 240 x 180
  • Level Lot

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 1,200 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • North Webster Elementary School
  • Wawasee Middle School
  • Wawasee High School

Utilities

  • Forced Air Heating and Cooling System
  • Private Company Owned Well
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 43-08-18-200-344.000-023

Home Details

Home Type

Single Family

Est. Annual Taxes

$440

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1977
  • Age: 48
  • Style: One Story
  • Total Number of Rooms: 7
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 1
  • Total Number of Half Bathrooms: 1
  • Legal Description: 005-072-051.A TR SE 18-33-7 .51A
  • Parcel Number ID: 43-08-18-200-344.000-023
  • Platted: Yes
  • Year Taxes Payable: 2025
  • Special Features: UnderContract
  • Stories: 1

Interior Features

  • Total Sq Ft: 1200
  • Total Finished Sq Ft: 1200
  • Above Grade Finished Sq Ft: 1200
  • Price Per Sq Ft: 166.67
  • Basement Foundation: Crawl
  • Number Of Fireplaces: 1
  • Fireplace: Wood Burning Stove
  • Fireplace: Yes
  • Bedroom 1: Dimensions: 13x11, On Level: Main
  • Bedroom 2: Dimensions: 10x7, On Level: Main
  • Bedroom 3: Dimensions: 10x7, On Level: Main
  • Number of Main Level Full Bathrooms: 1
  • Number of Main Level Half Bathrooms: 1

Exterior Features

  • Exterior: Vinyl
  • Outbuilding1: Shed, Dimensions: 12x8
  • Water Name: Shoe Lake

Utilities

  • Cooling: Central Air
  • Heating Fuel: Forced Air
  • Sewer: Septic
  • Water Utilities: Well
  • 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
  • Lot Dimensions: 260 x 240 x 180
  • Estimated Lot Sq Ft: 22216
  • Estimated Lot Size Acres: 0.51

Tax Info

  • Annual Taxes: 440

Multi Family

  • Water Access: Easement/Other

MLS Schools

  • High School: Wawasee
  • Middle School: Wawasee
  • School District: Wawasee

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $438 $119,400 $16,700 $102,700
2023 $393 $112,500 $16,700 $95,800
2022 $354 $103,000 $16,700 $86,300
2021 $282 $90,800 $16,700 $74,100
2020 $258 $89,100 $15,200 $73,900
2019 $226 $84,800 $15,200 $69,600
2018 $187 $81,500 $15,200 $66,300
2017 $165 $77,100 $15,200 $61,900
2016 $119 $68,400 $14,400 $54,000
2014 $122 $64,300 $14,400 $49,900
2013 $122 $61,000 $14,400 $46,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2025 07/24/25 For Sale $200,000 +175.9% $167 / Sq Ft
06/28/2013 06/28/13 Sold $72,500 -2.9% $60 / Sq Ft
04/01/2013 04/01/13 Pending -- -- --
02/06/2013 02/06/13 For Sale $74,700 -- $62 / Sq Ft
Source: Indiana Regional MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Available
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $73,979 New Conventional
Previous Owner $60,900 FHA
Source: Public Records

Source: Indiana Regional MLS

MLS Number: 202528941

Indiana Regional MLS

APN: 43-08-18-200-344.000-023