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$269,000 $10,000on 9/16/2024

49 EMS B40G Lane Leesburg, IN  46538

  • 2 Beds
  • 2 Baths
  • 1,488 sq. Ft

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Property Description for 49 EMS B40G Lane Leesburg, IN 46538

Back on market, no fault of sellers. Welcome to Your Charming Lakefront Cottage on Irish Lake! Nestled lakefront with 50’ frontage, this delightful A-frame cottage offers 1,488 square feet of cozy, open-concept living with 2 bedrooms and 1.5 baths. Located on a private peninsula with minimal through traffic, this home provides lakefront fun and activity with boatable access to six additional lakes in the Barbee Chain of Lakes, including the all-sports Big Barbee Lake. Step inside to discover bright, inviting spaces highlighted by white walls and laminate wood-look flooring. The living room features windows that frame inviting lake views and lead to a 24’x8’ deck—the perfect spot for morning coffee or evening sunsets. The galley kitchen is equipped with oak cabinets and white appliances, including an electric oven, refrigerator, and microwave. A convenient half bath and laundry room complete the main level. Upstairs, you’ll find two cozy bedrooms and a full bathroom. The bunk-style sleeping arrangements offer additional space for guests, making this home ideal for family gatherings or weekend getaways. Enjoy outdoor living at its best with a spacious deck, retractable awning, and a private pier that stays in year-round. The property also features a boat lift, newer 4” well and well pump, new mini-split for AC and heat, cement seawall, and a handy boat ramp on the property. Irish Lake is part of the Barbee Chain of Lakes, renowned for its variety of recreational activities. From high-speed watersports on Big Barbee Lake to peaceful kayaking, paddleboarding, and swimming around the chain, there’s something for everyone. Anchor at the sandbar on Kuhn or Sechrist Lake, or boat over to Lakelife Bar & Grill for on-lake dining and entertainment. If you’re in the mood for a quiet escape, paddle through Sawmill Lake towards Grassy Creek. Conveniently located within driving distance to North Webster, Syracuse, Pierceton, and Warsaw, this property is close to shopping, dining, and cultural events, including live performances at The Wagon Wheel Theater in Warsaw/Winona Lake. This charming lakefront cottage offers the perfect blend of memories and adventure—schedule your tour today!

Address:49 EMS B40G Lane Leesburg IN 46538
Status:Active
on site: 100 days
Price:$269,000
Bedrooms:2 Beds
Bathrooms:1 Full Baths, 1 Half Baths
Sq. Feet:1,488
Year Built:1955
Lot Size:0.08
County: Kosciusko County
Township: Tippecanoe
School System : Wawasee Community
MLS #:202430401
Property Type:Site-Built Home

Lot Dimensions:50 X 68
Lot Description:Level,Waterfront,Flood Plain,Lake,Water View
Directions:Turn L onto E 500 N from SR 13. Turn L onto N Sullivan Rd. Turn R onto E 450 N. Turn L onto EMS B40 Ln. House on the R.
Total Sq. Ft. :1,488
Basement:No

Loan Price
$1,625
Price And Interest $1,403/month
Property Tax $110/month
MTG INS $0/month
HOME INS $112/month
Price
$269,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$110/month
Home Owner Insurance
$1,344 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

DateOld PriceNew PricePercent Change
09/16/24 $279,000 $269,000 -3.58%

RoomSizeLevel
Master Bedroom 7 x 6 Upper
2nd Bedroom 7 x 6 Upper
Kitchen 11 x 8 Main
Living Room 22 x 21 Main

Semi-Annual Property Tax:$662
Tax Year:2023
Mandatory HOA Fee:$

Subdivision: None
Zip Code:46538

School System:Wawasee Community
High School:Wawasee
Middle School:Wawasee
Elementary School:North Webster

Total Sq. Ft.:1,488
Appliances:Microwave, Refrigerator, Washer, Boat Lift-Covered, Dryer-Electric, Range-Electric, Water Heater Electric
Exterior Features:Vinyl
Fuel:Baseboard, Wall Heater, Other Heating System
Cool:Wall AC, Other
Heat:Baseboard, Wall Heater, Other Heating System
Total Rooms:5
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

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Listing provided courtesy of Angela Racolta with Keller Williams Thrive North

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than F.C. Tucker Company include the name of the listing IDX broker. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.





Leesburg Market Report

183
Avg. DOM
$253.89
Avg. $ / Sq.Ft.
$ 499,900
Med. List Price

The house prices in Leesburg are indeed dropping at the moment. There has been a decrease in price of $442,151.52. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.

The housing market and house prices in Leesburg are going Down. The average house price is $422,200.00 and the average price per square feet is $258.52 per square feet. At the moment, the amount of homes listed is exactly 91 houses, with 28 with active status, 4 with pending status and 59 sold in Leesburg .

The most popular place to buy a home in Leesburg is 4308 - Kosciusko - Tippecone. 4308 - Kosciusko - Tippecone is where we have the most properties listed and there seems to be the most demand to buy a house. Some people love to live in the most popular areas of a city, and others prefer to live in an area that is less busy. Regardless of your preference, we have a vast variety of listings and agents to help you find a house in Leesburg .

The average amount of property taxes you would have to pay for a home in Leesburg is $3,663.07. It is important to consider property taxes when purchasing a home. Property taxes are tied to the value of the home. The more expensive the home is, the higher the taxes will be.

Properties in Leesburg are staying listed for an average of 64 days. A good way to tell if you are in a buyer's or seller's market is to look at the average days on market for homes in the area. A low number of average days on market indicate a seller's market whereas a high number of average days on market indicate a buyer's market.

The last home listed in Leesburg was 14867 minutes ago.

At the moment we have 0 open houses that you can visit.

The cost of the most expensive home in Leesburg is $1,699,900.00. There are several reasons to consider buying an expensive home. They typically have great amenities, will be in great condition, and have plenty of space inside and outside of the home. Expensive real estate usually appreciates very fast, making it a good investment if you can afford it.

The cost of the cheapest home in Leesburg is $159,000.00 . Buying a cheap house can have many benefits including keeping your payments low, allowing more room in your budget to customize or improve the house, as well as allowing you to pay of your mortgage faster.

The date of the oldest built home in Leesburg in year 1840 and the newest built house is in year 2003.

The average size of properties in Leesburg is 2461.25 sq.ft. , the biggest one being 5049 sq.ft. and the smaller being 651 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.