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(SOLD) $1,500,000

  • 4 Beds
  • 5 Baths
  • 4,270 sq. Ft

Property Description for 96 Ems T7b Lane Leesburg, IN 46538-9420

Lakefront Home with Walk-Out Basement on James Lake selling via Online Only Auction on Tuesday, July 23, 2024 -- Bidding begins closing out at 6:30 pm! Situated on the picturesque shores of James Lake, this exceptional lakefront home presents an unparalleled opportunity to indulge in luxurious waterfront living. Boasting 5+ bedrooms and 4.5 baths, this expansive property provides an abundance of space for both personal relaxation and entertaining. The open concept main floor features a sitting room, dining room, and a grand living room with vaulted ceilings and panoramic lake views. The large kitchen, complete with an island and stainless steel appliances, serves as the heart of the home. Patio doors lead out to a expansive 2-story deck, providing an idyllic setting for enjoying the lake views and outdoor gatherings. On the lower level, the finished walk-out basement features a 2nd living area with a full kitchen as well as 2 full bathrooms, & 4 'overflow rooms' with endless possibilities such as bedrooms, an office, or an exercise room offering versatility and convenience for hosting guests or extended family. There are floor-to-ceiling windows throughout, maximizing the breathtaking water views & creating a seamless connection between the indoors and the natural beauty outside. The property boasts a pier, allowing for easy access to the pristine waters of James Lake, and a sandy beach, complete with a new seawall in 2024. A total home renovation in 2015 ensures modern comfort and style, with updates including a new roof, siding, windows/doors, deck, HVAC/electrical, and flooring/crown molding. With a 4-car garage, this residence offers ample space for vehicles, lake equipment, and storage. Additional amenities such as a security system and irrigation system for the meticulously landscaped grounds further enhance the home's appeal, providing convenience, security, and peace of mind. With its blend of luxurious features, breathtaking lakefront views, and modern upgrades, this property embodies the epitome of refined lakeside living. Come see all the amenities for yourself! Open House: Tuesday, July 16th 5:30-6:30pm

Address:96 Ems T7b Lane Leesburg IN 46538-9420
Status:Sold
Sold On: 8/30/2024
Price:$1,500,000
Bedrooms:4 Beds
Bathrooms:4 Full Baths, 1 Half Baths
Sq. Feet:4,270
Year Built:1985
Lot Size:0.49
County: Kosciusko County
Township: Tippecanoe
School System : Wawasee Community
MLS #:202424184
Property Type:Site-Built Home

Lot Dimensions:100X213
Lot Description:Waterfront,0-2.9999,Lake,Water View,Waterfront-Level Bank
Directions:On the south side of James Lake. Take 500 N to EMS T6 Ln to EMS T7B Ln. Property on lake side (north) of road.
Total Sq. Ft. :4,270
Garage:Attached
Basement:Yes

Loan Price
$9,413
Price And Interest $7,825/month
Property Tax $963/month
MTG INS $0/month
HOME INS $625/month
Price
$1,500,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$963/month
Home Owner Insurance
$7,500 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Master Bedroom 15 x 14 Main
2nd Bedroom 12 x 11 Main
3rd Bedroom 13 x 11 Main
4th Bedroom 14 x 13 Lower
Kitchen 13 x 13 Main
Family Room 29 x 15 Main
Dining Room 22 x 17 Main
Living Room 24 x 18 Main

Semi-Annual Property Tax:$5,776
Tax Year:2024
Mandatory HOA Fee:$

Subdivision: Lake Side / Lakeside
Zip Code:46538-9420

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

Total Sq. Ft.:4,270
Appliances:Dishwasher, Microwave, Refrigerator, Washer, Window Treatments, Cooktop-Electric, Kitchen Exhaust Hood, Oven-Built-In, Oven-Convection, Oven-Electric, Range-Electric, Water Heater Gas, Water Softener-Owned, Window Treatment-Blinds
Exterior Features:Concrete, Stone, Vinyl, Masonry
Fuel:Gas, Forced Air, Hot Water
Fireplace(s):Rec Rm, Fireplace Screen/Door, Gas Log, Basement, Gas Starter
Cool:Central Air
Heat:Gas, Forced Air, Hot Water
Total Rooms:19
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 Timothy Pitts and Chad Metzger with Metzger Property Services, LLC

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 1093 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.