2 months on rocket

49 Ems B40G Ln, Leesburg, IN, 46538

$269,000

Home List Price

$3,194*

Closing Credit

2 Bedrooms
1 Full Bath, 1 Partial
$181/SqFt
House

Location

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49 Ems B40G Ln, Leesburg$269,000

Buyer Closing Credits

$3,194*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingGravel
Year Built1955
HeatingBaseboard, Wall Furnace, Other
CoolingWall Unit(s), Other
WaterfrontLake Front
MLS #202430401
Lot Size0.08 Acres
StatusActive

About 49 Ems B40G Ln

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!

Property Details

Property Features

Property Information:

  • Architectural Style: A-Frame
  • Year Built: 1955

Listing Office:

  • Office Name: Keller Williams Thrive North
  • Office Email: angie.racolta@thergroupteam.com
  • Listing Agent: Angela Racolta

Interior Features

Interior Information:

  • Flooring Type: Laminate

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Waterfront: Lake Front
  • Exterior: Vinyl

Parking Information:

  • Parking: Gravel

Virtual/3D Tour

  • Virtual Tour: 49 Ems B40G Ln
Virtual Tour

Lot Features

Lot Information:

  • Lot: Level, Waterfront, Flood Plain, Lake/Pond, Views
  • Lot Size: 0.08 Acres

Utilities

Utilities Information:

  • Heating: Baseboard, Wall Furnace, Other
  • Cooling: Wall Unit(s), Other

School Info

Assigned Schools Information:

  • Wawasee High School, Public District Grades 9-12
  • Wawasee Middle School, Public District Grades 6-8
  • North Webster Elementary School, Public District Grades KG-5

Other

Directions Information:

  • 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.

Price Information

Listing Price Info

Price Summary:

  • List Price: $269,000
  • Price Per SqFt: $181/SqFt

Tax Information:

  • Annual Amount: $1,873
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Leesburg, IN.

Med. Sold Price

$421.9K

Med. Price/SqFt

$258

# of Sold Homes

5

49 Ems B40G Ln vs Leesburg

84 DAYS ON ROCKET

$269,000

-$152.9K Less

$181/SqFt

-$77 Less

KEY TAKEAWAY

This property is $152.9K less than the Median Sold Price and $77/SqFt less than other homes in Leesburg, IN.

Based on homes sold in October 2024

MLS Details

MLS Information:

  • MLS Number: #202430401

Listing Office:

  • Office Name: Keller Williams Thrive North
  • Office Email: angie.racolta@thergroupteam.com
  • Listing Agent: Angela Racolta

IDX The data on this website relating to real estate for sale comes in part from the Internet Data Exchange (IDX) program of the Indiana Regional MLS (IRMLS). IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. ©2011-2024 Indiana Regional MLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/4/2024, 9:55:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$1,873$190,400
2019$1,588$185,500
2017$1,591$176,100

History based on county public records data.

Payment Calculator

$1,410

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$873

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1913565
6
/10
  • North Webster Elementary School

  • 5745 N 750 E

  • 2.02 miles

  • Public District Grades KG-5

Middle School

school-card-donut-1913566
7
/10
  • Wawasee Middle School

  • 9850 N State Road 13

  • 5.81 miles

  • Public District Grades 6-8

High School

school-card-donut-1913567
3
/10
  • Wawasee High School

  • 1 Warrior Path Bldg 1

  • 8.60 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $55,026. Typical income of Leesburg, IN residents is between $35k-100k annually. Residents typically live in married, no kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 49 Ems B40G Ln

What is the listing price of this property?

The listing price of 49 Ems B40G Ln property is $269,000.

What type of property is this?

The property 49 Ems B40G Ln is a house located in Leesburg, Indiana, 46538.

Is this property for sale now?

Active Listing: 49 Ems B40G Ln is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 49 Ems B40G Ln are:
North Webster Elementary School: GreatSchools Rating 6/10
Wawasee Middle School: GreatSchools Rating 7/10
Wawasee High School: GreatSchools Rating 3/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,873 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 49 Ems B40G Ln has 2 bedrooms and 1 full and 1 half bathrooms.

Which year was this property built?

The year of construction for 49 Ems B40G Ln is 1955.

Rocket HomesIndianaKosciusko CountyLeesburg4653849 Ems B40G Ln

This home is located at 49 Ems B40G Ln in Leesburg, IN and zip code 46538. This home was built in 1955. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since August 12, 2024 and is currently priced at $269,000.

Over 2 listings were sold over their listed price in October 2024 in Leesburg, IN. In the same period over 2 listings were sold below the listed price and 1 listings were sold for the listed price. The number of listings in Leesburg, IN decreased by 3.4% between September 2024 and October 2024.

From Rocket Homes Real Estate and based on county public records data.

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