NOT LISTED FOR SALE

59 Ems T45a Ln Leesburg, IN 46538

Estimated Value: $551,000 - $769,000

3 Beds
2 Baths
1,480 Sq Ft
$476/Sq Ft Est. Value

Last Sold June 26, 2024

Last sale price $799,000 $540 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $4,537/month

1 Day on Market

Highlights

  • 43 Feet of Waterfront
  • Open Floorplan
  • Traditional Architecture
  • Pier or Dock
  • Lake Property
  • Backs to Open Ground

About This Home

As of June 2024

Home put in system for comps purposes. Home was completely remodeled and move in ready and Turn Key. Quaint Tippy Lakefront Cottage with Detached Garage.

Last Agent to Sell the Property

Michelle Cabrera

NonMember KBOR Listed on: 05/22/2024

NonMember KBOR

Last Buyer's Agent

Deb Paton-Showley

Coldwell Banker Real Estate Group

Coldwell Banker Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,825

Year Built

  • Built in 1910

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 43x145
  • 43 Feet of Waterfront
  • Lake Front
  • Backs to Open Ground
  • Landscaped
  • Lot Has A Rolling Slope

Parking

  • 1 Car Detached Garage
  • Garage Door Opener
  • Gravel Driveway
  • Off-Street Parking

Home Design

  • Traditional Architecture
  • Cabin
  • Metal Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,480 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Living Room with Fireplace
  • Water Views

Kitchen

  • Gas Oven or Range
  • Solid Surface Countertops
  • Built-In or Custom Kitchen Cabinets

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Separate Shower

Basement

  • Block Basement Construction
  • Stone or Rock in Basement
  • Crawl Space

Outdoor Features

  • Sun Deck
  • Waterski or Wakeboard
  • Seawall
  • Lake Property
  • Lake, Pond or Stream
  • Enclosed 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 Water Source
  • Septic System

Community Details

  • Pier or Dock

Listing and Financial Details

  • Assessor Parcel Number 43-08-07-200-906.000-023

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,825

Year Built

Built in 1910

Lot Details

0

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1910
  • Age: 114
  • Style: Two Story
  • Architectural Style: Traditional, Cabin/Cottage
  • Total Number of Rooms: 9
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: 005-028-107.P Pt W 1/2 Lot 3 Less .05 7-33-7 .26A
  • Parcel Number ID: 43-08-07-200-906.000-023
  • Platted: Yes
  • Amenities: Ceiling Fan(s), Countertops-Solid Surf, Deck Open, Deck on Waterfront, Garage Door Opener, Landscaped, Open Floor Plan, Porch Covered, Porch Enclosed, Range/Oven Hook Up Gas, Stand Up Shower, Custom Cabinetry
  • Grid: 55 - N.E. Kosc. Water
  • Location: Lake
  • Sp Lp Percent: 100
  • Year Taxes Payable: 2024
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 1480
  • Total Finished Sq Ft: 1480
  • Above Grade Finished Sq Ft: 1480
  • Price Per Sq Ft: 539.86
  • Basement Foundation: Crawl
  • Basement Material: Block, Stone
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm, One, Vented
  • Fireplace: Yes
  • Flooring: Carpet, Laminate, Vinyl
  • Living Great Room: Dimensions: 13x8, On Level: Main
  • Kitchen: Dimensions: 11x10, On Level: Main
  • Breakfast Room: Dimensions: 7x7, On Level: Main
  • Dining Room: Dimensions: 8x8, On Level: Main
  • Bedroom 1: Dimensions: 7x12, On Level: Upper
  • Bedroom 2: Dimensions: 10x10, On Level: Upper
  • Bedroom 3: Dimensions: 10x10, On Level: Upper
  • Other Room1: Sunroom, Dimensions: 23x10
  • Loft: Dimensions: 10x17, On Level: Upper
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Metal
  • Outbuilding1: None
  • Lake Type: Ski Lake
  • Sea Wall Type: Concrete, Rip Rap
  • Water Features: Pier/Dock
  • Water Frontage: 43
  • Water Name: Tippecanoe Lake

Garage/Parking

  • Driveway: Gravel
  • Garage Type: Detached
  • Garage Number Of Cars: 1
  • Garage Size: Dimensions: 28x16
  • Garage Sq Ft: 448
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Septic
  • Water Utilities: Private
  • Electric Company: NIPSCO
  • Gas Company: NIPSCO
  • Cable Company: Mediacom
  • Water Type: Lake

Condo/Co-op/Association

  • Common Amenities: Sidewalks

Schools

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

Lot Info

  • Lot Description: Rolling, Waterfront, Lake, Water View, Waterfront-Level Bank
  • Lot Dimensions: 43x145
  • Estimated Lot Sq Ft: 10019
  • Estimated Lot Size Acres: 0.23

Tax Info

  • Annual Taxes: 3825.06

Multi Family

  • Water Access: Lakefront

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2024
Closed on
Jun 25, 2024
Sold by
Ringger 2022 Trust and Ringger Chad
Bought by
Spangle Joshua J and Spangle Sarah J
Seller's Agent
Michelle Cabrera
NonMember KBOR
Buyer's Agent
Deb Paton-Showley
Coldwell Banker Real Estate Group
List Price
$799,000
Sold Price
$799,000
Current Estimated Value
$766,162

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$32,838
Avg. Annual Appreciation
-3.68%
Original Mortgage
$604,000
Outstanding Balance
$599,456
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
$166,706

Purchase Details

Closed on
Nov 10, 2022
Sold by
Ringger Chad and Ringger Brande
Bought by
Ringger 2022 Trust

Purchase Details

Closed on
Dec 21, 2020
Sold by
Crown Homes Inc
Bought by
Ringger Chad and Ringger Brande

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,800
Interest Rate
2.7%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Spangle Joshua J $755,000 None Listed On Document
Ringger 2022 Trust -- --
Ringger Chad -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spangle Joshua J $604,000
Previous Owner Ringger Chad $212,800
Previous Owner Ringger Chad $27,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2024 06/26/24 Sold $799,000 0.0% $540 / Sq Ft
05/23/2024 05/23/24 Pending -- -- --
05/22/2024 05/22/24 For Sale $799,000 +200.4% $540 / Sq Ft
05/28/2020 05/28/20 Sold $266,000 -27.9% $180 / Sq Ft
02/17/2020 02/17/20 For Sale $369,000 -- $249 / 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 $4,109 $419,000 $294,500 $124,500
2023 $3,825 $380,000 $268,000 $112,000
2022 $3,554 $354,300 $255,300 $99,000
2021 $3,287 $317,300 $235,000 $82,300
2020 $3,678 $367,900 $282,400 $85,500
2019 $2,043 $364,300 $282,400 $81,900
2018 $1,811 $354,400 $274,900 $79,500
2017 $1,830 $351,300 $274,900 $76,400
2016 $1,485 $331,900 $264,900 $67,000
2014 $1,627 $330,500 $264,900 $65,600
2013 $1,627 $327,300 $264,900 $62,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202425164

Indiana Regional MLS

APN: 43-08-07-200-906.000-023