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(SOLD) $220,000

  • 1 Beds
  • 2 Baths
  • 424 sq. Ft

Property Description for 5090 N 475 E Leesburg, IN 46538

Located on over 60 feet of East facing lake front, breathtaking sunrises await you at Shell Cottage on Shoe Lake. Built in 1940, the cottage has been lovingly maintained and tastefully updated, while preserving it's historic charm. Featuring the original windows, doors, wood floors, and more! At 424 sq ft this 1 bed, 1.25 bath cottage lives large, and has been used as a full time residence by the current owners for the past 3 years. The cottage is being offered fully furnished and decorated, and includes the Floe dock, paddle boat, and lift. This is your chance to own a piece of history in Kosciusko County. Come enjoy the slower pace of life at the lake.

Address:5090 N 475 E Leesburg IN 46538
Status:Sold
Sold On: 7/31/2024
Price:$225,000
Bedrooms:1 Beds
Bathrooms:1 Full Baths, 1 Half Baths
Sq. Feet:424
Year Built:1940
Lot Size:0.10
County: Kosciusko
Township: Tippecanoe
MLS #:21988671
Property Type:Single Family Residence

Lot Dimensions:4526
Water Source:Private Well
Directions:GPS Friendly
Main Level Sq. Ft. :424
Total Sq. Ft. :424

Loan Price
$1,264
Price And Interest $1,148/month
Property Tax $24/month
MTG INS $0/month
HOME INS $92/month
Price
$220,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$24/month
Home Owner Insurance
$1,104 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Living Room 10x10 Main
Kitchen 12x10 Main
Primary Bedroom 12x12 Main

Semi-Annual Property Tax:$143
Tax Year:2023
Mandatory HOA Fee:$

Area: 4308 - Kosciusko - Tippecone
Subdivision: No Subdivision
Zip Code:46538

Total Sq. Ft.:424
Interior Features:Breakfast Bar, Built In Book Shelves, Hardwood Floors, Eat-in Kitchen
Eating Area(s):Dining Combo/Kitchen
Appliances:Dishwasher, Dryer, Microwave, Electric Oven, Range Hood, Refrigerator, Washer, Water Heater
Exterior Type:Shingle/Shake
Fireplace(s):Bedroom, Woodburning Fireplce
Cool:Central Electric
Heat:Forced Air
Water Heater:Dishwasher, Dryer, Microwave, Electric Oven, Range Hood, Refrigerator, Washer, Water Heater
Total Rooms:3
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

Listing provided courtesy of Morgan Lathery with Keller Williams Indy Metro S from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 07/04/2024 12:00 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.





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 15110 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.