NOT LISTED FOR SALE

67 Ems B1a Ln Leesburg, IN 46538

Estimated Value: $302,000 - $426,000

2 Beds
1 Bath
856 Sq Ft
$424/Sq Ft Est. Value

Last Sold October 16, 2020

Last sale price $205,000 $239 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $1,976/month

45 Days on Market

Highlights

  • 50 Feet of Waterfront
  • Lake Property
  • Community Fire Pit
  • Pier or Dock
  • Ranch Style House
  • Picket Fence

About This Home

As of October 2020

Immediate possession with this charming lakefront cottage located on Big Barbee. Superb views and quiet setting make this a wonderful summer getaway. Open concept living capturing all the views. Many updates throughout...needs nothing. Level lakeside yard for games, open patio for entertaining, and waterside bonfire pit for enjoying the evenings. Maintenance-free property allowing for more time on the lake. Fenced yard is ideal for little ones and pets. Plenty of parking with the main house, but seller is also including a bonus back lot with an additional 100 x 110 (double lot)...many possibilities and perfect for guest home, carriage house, additional parking, or storage. Big Barbee is an all-sports lake and part of 7-interconnected lakes. Great all around fishing, skiing, and boating opportunity.

Last Agent to Sell the Property

Patrick Pfefferkorn

RE/MAX Results- Warsaw Listed on: 05/22/2020

RE/MAX Results- Warsaw

Last Buyer's Agent

Patrick Pfefferkorn

RE/MAX Results- Warsaw Listed on: 05/22/2020

RE/MAX Results- Warsaw

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,877

Year Built

  • Built in 1952

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 50 x 125 x 72 x 127
  • 50 Feet of Waterfront
  • Lake Front
  • Rural Setting
  • Picket Fence
  • Vinyl Fence
  • Level Lot
  • Irregular Lot

Home Design

  • Ranch Style House
  • Cabin
  • Slab Foundation
  • Poured Concrete
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 856 Sq Ft Home
  • Ceiling Fan
  • Ceramic Tile Flooring
  • Water Views
  • Electric Oven or Range
  • Washer and Electric Dryer Hookup

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Outdoor Features

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

Schools

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

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Private Company Owned Well
  • Well

Listing and Financial Details

  • Assessor Parcel Number 43-08-27-400-134.000-023

Community Details

Amenities

  • Community Fire Pit

Recreation

  • Pier or Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,877

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1952
  • Age: 68
  • Style: One Story
  • Architectural Style: Ranch, Cabin/Cottage
  • Total Number of Rooms: 6
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: LOT 11 & W 1/2 LOT 12 BAR-A-BEE SHORE, LOTS 11 & 12 BAR-A-BEE SHORE 1ST ADD
  • Parcel Number ID: 43-08-27-400-134.000-023
  • Platted: Yes
  • Amenities: Ceiling Fan(s), Dryer Hook Up Electric, Firepit, Patio Open, Range/Oven Hook Up Elec, Tub/Shower Combination, Washer Hook-Up
  • Grid: 55 - N.E. Kosc. Water
  • Location: Lake, Rural
  • Sp Lp Percent: 97.67
  • Year Taxes Payable: 2020
  • Special Features: None

Interior Features

  • Total Sq Ft: 856
  • Total Finished Sq Ft: 856
  • Above Grade Finished Sq Ft: 856
  • Price Per Sq Ft: 239.49
  • Basement Foundation: Slab
  • Basement Material: Poured Concrete
  • Flooring: Ceramic Tile
  • Living Great Room: Dimensions: 18x11, On Level: Main
  • Kitchen: Dimensions: 12x8, On Level: Main
  • Dining Room: Dimensions: 12x8, On Level: Main
  • Bedroom 1: Dimensions: 14x10, On Level: Main
  • Bedroom 2: Dimensions: 12x9, On Level: Main
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt, Shingle
  • Outbuilding1: Shed, Dimensions: 8x6
  • Fence: Picket, Vinyl
  • Lake Type: Ski Lake
  • Sea Wall Type: Concrete
  • Water Features: Pier/Dock
  • Water Frontage: 50
  • Water Name: Barbee Lake

Utilities

  • Cooling: Wall AC
  • Heating Fuel: Electric, Other Heating System
  • Sewer: Regional
  • Water Utilities: Well
  • Water Type: Lake
  • Well Type: Private

Schools

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

Lot Info

  • Lot Description: Irregular, Level, Waterfront, Lake, Water View
  • Lot Dimensions: 50 x 125 x 72 x 127
  • Estimated Lot Sq Ft: 7841
  • Estimated Lot Size Acres: 0.18

Tax Info

  • Annual Taxes: 1877.06

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, 2020
Closed on
Oct 16, 2020
Sold by
67 Ems Llc
Bought by
Phillips Michael D and Phillips Natalie L
Seller's Agent
Patrick Pfefferkorn
RE/MAX Results- Warsaw
Buyer's Agent
Patrick Pfefferkorn
RE/MAX Results- Warsaw
List Price
$209,900
Sold Price
$205,000
Premium/Discount to List
-$4,900
-2.33%
Current Estimated Value
$313,504

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,504
Avg. Annual Appreciation
8.71%
Original Mortgage
$155,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 17, 2014
Sold by
King Angela C
Bought by
67 Ems Llc
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
Phillips Michael D $205,000 Fidelity National Title Compan
67 Ems Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Phillips Natalie L $306,000
Closed Phillips Michael D $155,000
Previous Owner King Angela C $121,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2020 10/16/20 Sold $205,000 -2.3% $239 / Sq Ft
05/22/2020 05/22/20 For Sale $209,900 -- $245 / 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 $2,923 $298,100 $225,400 $72,700
2023 $2,744 $272,600 $206,000 $66,600
2022 $2,393 $236,500 $178,700 $57,800
2021 $2,159 $206,400 $159,300 $47,100
2020 $1,984 $198,500 $157,000 $41,500
2019 $1,877 $190,700 $150,700 $40,000
2018 $1,660 $184,400 $143,700 $40,700
2017 $1,676 $182,300 $143,700 $38,600
2016 $1,499 $188,300 $149,300 $39,000
2014 $1,635 $186,400 $149,300 $37,100
2013 $1,635 $179,700 $143,300 $36,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202018539

Indiana Regional MLS

APN: 43-08-27-400-134.000-023