Seller's Agent in 2026
Patrick Pfefferkorn
RE/MAX
(574) 551-4404
72 Total Sales
5902 N 450 E Leesburg, IN 46538
Estimated Value: $961,135
3
Beds
2
Baths
1,490
Sq Ft
$645/Sq Ft
Est. Value
Highlights
- 50 Feet of Waterfront
- Primary Bedroom Suite
- Lake Property
- Docks
- Open Floorplan
- Vaulted Ceiling
About This Home
As of April 2026Lake 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.
Last Agent to Sell the Property
RE/MAX Results Brokerage Phone: 574-269-3801 Listed on: 10/17/2025
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Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,801
Year Built
- Built in 1957
Lot Details
- 14,810 Sq Ft Lot
- Lot Dimensions are 50 x 300
- 50 Feet of Waterfront
- Lake Front
- 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
- Seawall
- Docks
- 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
- Well
- Cable TV Available
Community Details
- Wildwood Park Subdivision
- Community Fire Pit
Listing and Financial Details
- Assessor Parcel Number 43-08-18-100-031.000-023
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 17, 2025
Closed on
Apr 15, 2026
Sold by
Marquell Properties Llc
Bought by
Seller's Agent
Patrick Pfefferkorn
RE/MAX Results
Buyer's Agent
Sally Carpenter
Lake Homes Realty of Indiana
List Price
$1,100,000
Sold Price
$981,000
Premium/Discount to List
-$119,000
-10.82%
Views
80
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$19,865
Avg. Annual Appreciation
-4.44%
Original Mortgage
$735,750
Outstanding Balance
$732,859
Interest Rate
6.11%
Mortgage Type
New Conventional
Estimated Equity
$228,276
Purchase Details
Closed on
Oct 6, 2025
Sold by
Erick D & Wendy W Ponader Trust And Math
Bought by
Marquell Properties Llc
Purchase Details
Closed on
Sep 18, 2024
Sold by
Wright Matthew D and Wright Nancy S
Bought by
Mattew D & Nancy S Wright Trust and Wright
Purchase Details
Closed on
Jun 24, 2022
Sold by
Ponader Erick D
Bought by
Ponader Erick D and Ponader Wendy W
Purchase Details
Closed on
Oct 15, 2019
Sold by
Ponader Erick D and Ponader Wendy W
Bought by
Ponader Erick D and Ponader Wendy W
Purchase Details
Closed on
Sep 15, 2014
Sold by
Ponader Erick D and Ponader Wendy W
Bought by
Ponader Erick D and Ponader Wendy W
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | Fidelity National Title | ||
| Marquell Properties Llc | -- | First American Title | |
| Mattew D & Nancy S Wright Trust | -- | None Listed On Document | |
| Ponader Erick D | -- | None Listed On Document | |
| Ponader Erick D | $271,033 | -- | |
| Ponader Erick D | -- | None Available |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $735,750 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/15/2026 04/15/26 | Sold | $981,000 | -10.8% | $658 / Sq Ft |
| 10/17/2025 10/17/25 | For Sale | $1,100,000 | -- | $738 / Sq Ft |
Source: Indiana Regional MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $5,977 | $670,900 | $495,000 | $175,900 |
| 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
Agents Affiliated with this Home
-
Patrick Pfefferkorn
-
Sally Carpenter
Buyer's Agent in 2026
Sally Carpenter
Lake Homes Realty of Indiana
(205) 985-2991
30 Total Sales
Map
Source: Indiana Regional MLS
MLS Number: 202542281
APN: 43-08-18-100-031.000-023
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Based on information submitted to the MLS GRID
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