$549,000
$31K PRICE DROP

52 Ems B40 Ln Leesburg, IN 46538

Estimated payment $3,107/month

Total Views 25,096
3 Beds
3 Baths
2,276 Sq Ft
$241 Price per Sq Ft

Highlights

  • 54 Feet of Waterfront
  • Lake Property
  • Community Fire Pit
  • Pier or Dock
  • Covered Patio or Porch
  • Log Cabin

About This Home

Motivated Seller's! This Lakefront log sided home is located along the picturesque shores of Sawmill Lake. Sawmill Lake is part of the Barbee Chain of Lakes that consists of 7 interconnected lakes with over 738 acres of aquatic paradise awaiting your exploration, including Big Barbee Lake, which is an all sports lake. The main level of the house greats you with cozy covered porch. This level consists of a spacious well appointed kitchen, dining area, full bath and living area. The covered back porch is the crown jewel of the property. Overlooking Sawmill Lake, this is bound to be your go to spot to relax when you are not out on the water. The upper level has an expansive main bedroom with full bath that features a huge tub, separate shower and dual sink vanity. The lower walk-out level is a warm and inviting space with a stone gas fireplace. The two wood piers are included in the sale and are set on 54' of concrete seawall. Let's not forget the graveled swimming area! This home features a studio apt. out front which has been nicely updated and includes a kitchen and full bath of its own. Fiber Optic Internet and home is not in a flood plain!

Listing Agent

Jeremy Doerr

Re/Max Partners Listed on: 03/14/2025

Re/Max Partners

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,737

Year Built

  • Built in 1990

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 60'x246'
  • 54 Feet of Waterfront
  • Lake Front
  • Sloped Lot
  • Property is zoned R1

Home Design

  • Log Cabin
  • Metal Roof
  • Log Siding

Interior Spaces

  • 2-Story Property
  • Self Contained Fireplace Unit Or Insert
  • Gas Log Fireplace
  • Vinyl Flooring
  • Washer and Gas Dryer Hookup

Kitchen

  • Gas Oven or Range
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Partially Finished Basement

  • Walk-Out Basement
  • Sump Pump

Parking

  • Gravel Driveway
  • Off-Street Parking

Outdoor Features

  • Seawall
  • Lake Property
  • Lake, Pond or Stream
  • Covered Deck
  • Covered Patio or Porch

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

Listing and Financial Details

  • Assessor Parcel Number 43-08-20-100-103.000-023

Community Details

Recreation

  • Pier or Dock

Additional Features

  • Swartz & Holes Subdivision
  • Community Fire Pit

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,737

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1990
  • Style: Two Story
  • Architectural Style: Log
  • Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: 5-77-23 LOT 10 & S 1/2 LOTS 9 SWARTZ & HOLES ADD
  • Parcel Number ID: 43-08-20-100-103.000-023
  • Platted: Yes
  • Amenities: Deck Covered, Disposal, Dryer Hook Up Gas, Firepit, Patio Open, Porch Covered, Range/Oven Hook Up Gas, Sump Pump, Washer Hook-Up
  • Location: Lake
  • Road Access: County
  • Road Surface: Asphalt
  • Zoning Description: Residential
  • County Zoning: R1
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 2420
  • Total Finished Sq Ft: 2276
  • Above Grade Finished Sq Ft: 1600
  • Below Grade Finished Sq Ft: 676
  • Below Grade Sq Ft: 144
  • Basement: Yes
  • Basement Foundation: Walk-Out Basement, Partially Finished
  • Number Of Fireplaces: 1
  • Fireplace: Family Rm, Gas Log, Fireplace Insert
  • Fireplace: Yes
  • Flooring: Vinyl
  • Living Great Room: Dimensions: 16x10, On Level: Main
  • Kitchen: Dimensions: 15x12, On Level: Main
  • Dining Room: Dimensions: 19x13, On Level: Main
  • Family Room: Dimensions: 30x17, On Level: Lower
  • Bedroom 1: Dimensions: 26x11, On Level: Upper
  • Bedroom 2: Dimensions: 15x11, On Level: Upper
  • Bedroom 3: Dimensions: 24x24, On Level: Main
  • Main Level Sq Ft: 800
  • Number of Main Level Full Bathrooms: 2
  • Total Below Grade Sq Ft: 820

Exterior Features

  • Exterior: Log
  • Roof Material: Metal
  • Outbuilding1: Studio, Dimensions: 24x24, 576
  • Lake Type: Access to Ski Lake
  • Outbuilding2: Shed, Dimensions: 14x8, 112
  • Sea Wall Type: Concrete
  • Water Features: Pier/Dock
  • Water Frontage: 54
  • Water Name: Sawmill Lake

Garage/Parking

  • Driveway: Gravel
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Regional
  • Water Utilities: Well
  • Electric Company: REMC
  • Gas Company: NIPSCO
  • Water Type: Lake
  • Well Size: 5 Inches
  • Well Type: Private

Schools

  • Elementary School: North Webster

Lot Info

  • Lot Description: Slope, Waterfront, Lake
  • Lot Dimensions: 60'x246'
  • Estimated Lot Sq Ft: 13939
  • Estimated Lot Size Acres: 0.32

Tax Info

  • Annual Taxes: 2736.74
  • Exemptions: Homestead, Supplemental

Multi Family

  • Water Access: Lakefront

MLS Schools

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

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 $2,737 $493,400 $193,700 $299,700
2023 $2,627 $451,700 $177,300 $274,400
2022 $2,396 $392,000 $153,800 $238,200
2021 $2,061 $333,600 $136,200 $197,400
2020 $1,806 $310,800 $134,500 $176,300
2019 $1,701 $299,200 $129,200 $170,000
2018 $1,467 $284,800 $122,200 $162,600
2017 $1,456 $274,200 $122,200 $152,000
2016 $1,226 $268,700 $129,200 $139,500
2014 $1,327 $265,200 $129,200 $136,000
2013 $1,327 $258,100 $132,100 $126,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/27/2025 07/27/25 Price Changed $549,000 -2.8% $241 / Sq Ft
07/11/2025 07/11/25 Price Changed $565,000 -2.6% $248 / Sq Ft
03/14/2025 03/14/25 For Sale $579,900 +103.5% $255 / Sq Ft
09/29/2017 09/29/17 Sold $285,000 -1.4% $142 / Sq Ft View Prior Sale
09/01/2017 09/01/17 Pending -- -- --
06/23/2017 06/23/17 For Sale $289,000 -- $144 / Sq Ft
Source: Indiana Regional MLS

Purchase History

Date Type Sale Price Title Company
Deed $285,000 --
Warranty Deed $285,000 Fidelity National Title Co
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $275,488 FHA
Source: Public Records

Source: Indiana Regional MLS

MLS Number: 202508203

Indiana Regional MLS

APN: 43-08-20-100-103.000-023