NOT LISTED FOR SALE

59 Ems T31 Ln Leesburg, IN 46538

Estimated Value: $643,000 - $881,000

4 Beds
2.5 Baths
2,320 Sq Ft
$338/Sq Ft Est. Value

Last Sold May 19, 2021

Last sale price $658,000 $284 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $4,924/month

19 Days on Market

Highlights

  • 50 Feet of Waterfront
  • Pier or Dock
  • Ranch Style House
  • Warsaw Community High School Rated A-
  • Lake Property
  • Wood Flooring

About This Home

As of May 2021

Nestled on the shoreline of Lake Tippecanoe, this well maintained lake home is a perfect place to call home! 50ft of lakefront living as well as a oversized front yard provides a great space to spend the warmer days. Inside you will find some recent updates - a perfect marriage of the older style and character of the original home to the new style of a more modern lake home. The kitchen features stainless appliances and lake views - take the glass siding door from the kitchen out to the very large deck to enjoy Lake Tippecanoe Lake Views! The dining room and living room also offer beautiful lake views through the wall of floor to ceiling windows. The built-in desk in the living room is the perfect spot for anyone working remotely. Also on the main level are 3 bedrooms and a full bath to tie it together. The master includes lake views as well- which is quickly becoming the them of this great vacation destination. Continuing down to the lower level you're greeted by the spacious family room. This level also includes another 4th bedroom with lake views, the laundry room, an updated full bath and a large storage room. Enter into the screened-in porch from the lower level to enjoy lake views all year round. The large patio offers a fantastic space to entertain and enjoy sipping an evening coctail or making s'mores at the built-in firepit. Landscaping has been professionally done- This could be the perfect lake escape for you to enjoy lake living this summer! Lake Tippecanoe is an all sports lake that is Indiana's Deepest Natural Glacier made Lake- Create memories to last a lifetime here- Lake Tippecanoe- A great place to call HOME!

Last Agent to Sell the Property

Deb Paton-Showley

Coldwell Banker Real Estate Group Listed on: 04/02/2021

Coldwell Banker Real Estate Group

Last Buyer's Agent

Brian Peterson

Brian Peterson Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,556

Year Built

  • Built in 1957

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 50x212
  • 50 Feet of Waterfront
  • Lake Front
  • Landscaped
  • Level Lot

HOA Fees

  • $13 Monthly HOA Fees

Parking

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

Home Design

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

Interior Spaces

  • Built-In Features
  • Wood Burning Fireplace
  • Pocket Doors
  • Living Room with Fireplace
  • Screened Porch
  • Water Views
  • Fire and Smoke Detector
  • Washer and Electric Dryer Hookup

Kitchen

  • Oven or Range
  • Solid Surface Countertops
  • Built-In or Custom Kitchen Cabinets
  • Utility Sink
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Separate Shower

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction
  • 1 Bathroom in Basement
  • 1 Bedroom in Basement

Outdoor Features

  • Sun Deck
  • Waterski or Wakeboard
  • Seawall
  • Lake Property
  • Lake, Pond or Stream
  • Patio

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 43-07-12-400-115.000-016

Community Details

Recreation

  • Pier or Dock

Additional Features

  • Community Fire Pit

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,556

Year Built

Built in 1957

Lot Details

0

HOA Fees

$13 per month

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1957
  • Age: 64
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 10
  • Total Number of Rooms Below Grade: 3
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Legal Description: 029-046-074 Lot 15 Bellrohr Park 2 nd Add
  • Parcel Number ID: 43-07-12-400-115.000-016
  • Platted: Yes
  • Amenities: Built-in Desk, Countertops-Solid Surf, Deck Open, Deck on Waterfront, Detector-Smoke, Disposal, Dryer Hook Up Electric, Firepit, Garage Door Opener, Landscaped, Patio Open, Pocket Doors, Porch Screened, Range/Oven Hk Up Gas/Elec, Utility Sink, Stand Up Shower, Washer Hook-Up, Custom Cabinetry
  • Grid: 55 - N.E. Kosc. Water
  • Improvmnts In Last5 Yrs: Yes
  • Location: Lake
  • Number Below Grade Bedrooms: 1
  • Road Surface: Asphalt
  • Sp Lp Percent: 102.02
  • Year Taxes Payable: 2021
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 2740
  • Total Finished Sq Ft: 2320
  • Above Grade Finished Sq Ft: 1370
  • Below Grade Finished Sq Ft: 950
  • Below Grade Sq Ft: 420
  • Price Per Sq Ft: 480.29
  • Basement: Yes
  • Basement Foundation: Full Basement, Partially Finished
  • Basement Material: Block
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm, Wood Burning, One
  • Fireplace: Yes
  • Flooring: Hardwood Floors, Carpet, Tile
  • Living Great Room: Dimensions: 21x11, On Level: Main
  • Kitchen: Dimensions: 9x15, On Level: Main
  • Dining Room: Dimensions: 10x11, On Level: Main
  • Family Room: Dimensions: 13x20, On Level: Lower
  • Bedroom 1: Dimensions: 13x13, On Level: Main
  • Bedroom 2: Dimensions: 10x11, On Level: Main
  • Bedroom 3: Dimensions: 14x12, On Level: Basement
  • Bedroom 4: Dimensions: 14x11, On Level: Lower
  • Number Below Grade Bathrooms: 1
  • Number of Below Grade Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 1
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 1370

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt, Shingle
  • Outbuilding1: None
  • Lake Type: Ski Lake
  • Sea Wall Type: Concrete, Rip Rap
  • Water Features: Pier/Dock
  • Water Frontage: 50
  • Water Name: Tippecanoe Lake

Garage/Parking

  • Driveway: Concrete
  • Garage Type: Attached
  • Garage Number Of Cars: 2.5
  • Garage Size: Dimensions: 24x22
  • Garage Sq Ft: 528
  • 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
  • Water Type: Lake
  • Well Size: 4 Inches
  • Well Type: Private

Condo/Co-op/Association

  • Association Restrictions: Yes
  • Association Fees: 158
  • Association Fees Frequency: Annually
  • Common Amenities: Tennis Courts

Schools

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

Lot Info

  • Lot Description: Level, Waterfront, 0-2.9999, Lake, Water View, Waterfront-Level Bank
  • Lot Dimensions: 50x212
  • Estimated Lot Sq Ft: 10454
  • Estimated Lot Size Acres: 0.24

Tax Info

  • Annual Taxes: 4555.56

Multi Family

  • Water Access: Lakefront

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 12, 2021
Sold by
Reuter David A and Reuter Sally
Bought by
Reuter Family Llc
Current Estimated Value
$784,522

Purchase Details

Listed on
Apr 2, 2021
Closed on
May 19, 2021
Sold by
Leonard William T and Leonard Elizbeth A
Bought by
Reuter David A and Reuter Sally
Seller's Agent
Deb Paton-Showley
Coldwell Banker Real Estate Group
Buyer's Agent
Brian Peterson
Brian Peterson Real Estate
List Price
$645,000
Sold Price
$658,000
Premium/Discount to List
$13,000
2.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.05%

Purchase Details

Closed on
Oct 1, 2010
Sold by
Lenke George H and Lenke Patricia J
Bought by
Leonard William T and Leonard Elizabeth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
4.42%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Reuter Family Llc -- None Available
Reuter David A $658,000 None Available
Leonard William T -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reuter Family Llc $637,000
Previous Owner Leonard William T $222,000
Previous Owner Leonard William T $230,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2021 05/19/21 Sold $658,000 +2.0% $284 / Sq Ft
04/21/2021 04/21/21 Pending -- -- --
04/02/2021 04/02/21 For Sale $645,000 -- $278 / 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 $7,637 $653,600 $346,000 $307,600
2023 $7,005 $591,200 $314,400 $276,800
2022 $6,349 $543,800 $299,200 $244,600
2021 $2,658 $390,000 $260,100 $129,900
2020 $4,556 $375,500 $260,100 $115,400
2019 $4,345 $370,000 $260,100 $109,900
2018 $4,206 $359,200 $252,500 $106,700
2017 $3,964 $357,200 $252,500 $104,700
2016 $4,451 $367,500 $267,700 $99,800
2014 $4,077 $364,500 $267,700 $96,800
2013 $4,077 $359,800 $267,700 $92,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202110972

Indiana Regional MLS

APN: 43-07-12-400-115.000-016