$1,100,000

5902 N 450 E Leesburg, IN 46538

Estimated payment $6,281/month

Total Views 2,594
3 Beds
2 Baths
1,490 Sq Ft
$738 Price per Sq Ft

Highlights

  • 50 Feet of Waterfront
  • Primary Bedroom Suite
  • Lake Property
  • Pier or Dock
  • Open Floorplan
  • Vaulted Ceiling

About This Home

Lake Tippecanoe - Welcome to this amazing lake retreat offering 50’ of superb lake frontage and fabulous views. Capture the beautiful morning sunrise along with all-day sun from this one of a kind location. Incredible setting with approx. 300’ deep lot with spacious and level lakeside yard as well as level backyard with plenty of parking. Very accommodating property providing an open concept vaulted living/kitchen/family room areas with a wall of lakeside windows and unobstructed views. Great flow from room to room offering a convenient main level bedroom and full bath with 2 additional upper level bedrooms with shared 2nd full bath. Loaded with lake charm throughout...enjoy the beautiful wood burning brick fireplace, hardwood flooring, and classic knotty pine walls. Be part of all the action with direct access to the large lakeside patio for entertaining. Enjoy additional entertainment from the open lakeside deck or escape along the water's edge while sunbathing, swimming, or catching an evening bonfire. Endless options with both open and shaded areas from this massive lakeside yard. Oversized 2 car attached garage providing great storage for all the lake toys along with a very accommodating parking area with spacious asphalt driveway. Whether catching an early morning sunrise or all-day views of the open water and beautiful nature preserve across the lake, there's never a bad seat with this wonderful lake property. Incredible opportunity for 1031 Exchange/Airbnb investment.

Listing Agent

Patrick Pfefferkorn

RE/MAX Results Brokerage Phone: 574-269-3801 Listed on: 10/17/2025

RE/MAX Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,801

Year Built

  • Built in 1957

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 50 x 300
  • 50 Feet of Waterfront
  • Lake Front
  • Backs to Open Ground
  • Rural Setting
  • Landscaped
  • Level Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Traditional Architecture
  • Cabin
  • Slab Foundation
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 1,490 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Built-in Bookshelves
  • Bar
  • Beamed Ceilings
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Water Views
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Stone Countertops

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry on main level
  • Washer and Electric Dryer Hookup

Attic

  • Storage In Attic
  • Pull Down Stairs to Attic

Outdoor Features

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

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
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 43-08-18-100-031.000-023

Community Details

Recreation

  • Pier or Dock

Additional Features

  • Wildwood Park Subdivision
  • Community Fire Pit

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,801

Year Built

Built in 1957

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1957
  • Style: Two Story
  • Architectural Style: Traditional, Cabin/Cottage
  • Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: LOT 3 WILDWOOD PARK ADD, PT VAC AVE & TR W LOT .07A
  • Parcel Number ID: 43-08-18-100-031.000-023
  • Platted: Yes
  • Amenities: Attic Pull Down Stairs, Attic Storage, Bar, Built-In Bookcase, Cable Available, Ceiling-9+, Ceilings-Beamed, Ceilings-Vaulted, Countertops-Stone, Deck Open, Deck on Waterfront, Detector-Smoke, Dryer Hook Up Electric, Eat-In Kitchen, Firepit, Garage Door Opener, Landscaped, Open Floor Plan, Patio Open, Range/Oven Hook Up Elec, Tub/Shower Combination, Main Level Bedroom Suite, Main Floor Laundry, Washer Hook-Up
  • Location: Lake, Rural
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 1490
  • Total Finished Sq Ft: 1490
  • Above Grade Finished Sq Ft: 1490
  • Basement Foundation: Crawl, Slab
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm, Wood Burning, One
  • Fireplace: Yes
  • Flooring: Hardwood Floors, Laminate, Ceramic Tile
  • Living Great Room: Dimensions: 22x13, On Level: Main
  • Kitchen: Dimensions: 11x8, On Level: Main
  • Family Room: Dimensions: 24x12, On Level: Main
  • Bedroom 1: Dimensions: 14x10, On Level: Main
  • Bedroom 2: Dimensions: 15x10, On Level: Upper
  • Bedroom 3: Dimensions: 14x12, On Level: Upper
  • Other Room1: Open Patio, Dimensions: 22x18, On Level: Main
  • Other Room 2: Open Patio, Dimensions: 12x11, On Level: Main
  • Loft: Dimensions: 14x4, On Level: Upper
  • Number of Main Level Full Bathrooms: 2

Exterior Features

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

Garage/Parking

  • Driveway: Asphalt
  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 28x22
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Conventional, Forced Air
  • Sewer: Regional
  • Water Utilities: Well
  • Laundry: Dimensions: Mainx6, On Level: 10
  • Water Type: Lake
  • Well Type: Private

Schools

  • Elementary School: North Webster

Lot Info

  • Lot Description: Level, Waterfront, Lake, Water View
  • Lot Dimensions: 50 x 300
  • Estimated Lot Sq Ft: 14810
  • Estimated Lot Size Acres: 0.34

Tax Info

  • Annual Taxes: 5801.24

Multi Family

  • Water Access: Lakefront

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 $5,801 $591,600 $462,000 $129,600
2023 $5,409 $537,400 $420,800 $116,600
2022 $5,104 $504,500 $401,500 $103,000
2021 $4,557 $435,700 $349,300 $86,400
2020 $4,321 $432,300 $349,300 $83,000
2019 $4,216 $428,300 $349,300 $79,000
2018 $3,761 $417,700 $341,000 $76,700
2017 $3,830 $416,600 $341,000 $75,600
2016 $3,289 $413,100 $341,000 $72,100
2014 $3,606 $411,200 $341,000 $70,200
2013 $3,606 $400,100 $333,300 $66,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/17/2025 10/17/25 For Sale $1,100,000 -- $738 / Sq Ft
Source: Indiana Regional MLS

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed -- First American Title
Quit Claim Deed -- None Listed On Document
Deed -- None Listed On Document
Interfamily Deed Transfer $271,033 --
Interfamily Deed Transfer -- None Available
Source: Public Records

Source: Indiana Regional MLS

MLS Number: 202542281

Indiana Regional MLS

APN: 43-08-18-100-031.000-023