Closed

$445,000

158 Ems B40 Ln, Leesburg, IN 46538

4beds

2,256sqft

Single Family Residence

Built in 1965

0.38 Acres Lot

$462,200 Zestimate^®

$--/sqft

$2,348 Estimated rent

Home value

$462,200

$402,000 - $532,000

$2,348/mo

Zestimate^® history

Owner options

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$2,348/mo

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$2,348/mo

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$2,615/mo

Est. payment

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$2,615/mo

Est. payment

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What's special

Make an offer, this seller is highly motivated One of the best locations on the Barbee Chain, Two large waterfront lots with room for outdoor games and docking all of your watercraft All of the room for friends and family with 4 bedrooms and 3 full baths Three open decks on the waterside to enjoy every day of the year watching the fireworks and boat parades or quiet natural settings. Don't let this one slip away from your most desired property list

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 3
Full bathrooms: 3
Main level bedrooms: 1

Bedroom 1

Level: Upper

Bedroom 2

Level: Upper

Dining room

Level: Main
Area: 168
Dimensions: 14 x 12

Living room

Level: Main
Area: 322
Dimensions: 23 x 14

Heating

Natural Gas, Forced Air

Cooling

Central Air, Ceiling Fan(s), HVAC (13 Seer)

Appliances

Included: Range/Oven Hook Up Elec, Range/Oven Hook Up Gas, Range/Oven Hk Up Gas/Elec, Dishwasher, Refrigerator, Washer, Dryer-Electric, Exhaust Fan, Electric Oven, Gas Range, Gas Water Heater, Water Softener Owned
Laundry: Electric Dryer Hookup, Laundry Chute, Main Level, Washer Hookup

Features

Bar, Breakfast Bar, Ceiling Fan(s), Vaulted Ceiling(s), Walk-In Closet(s), Laminate Counters, Eat-in Kitchen, Entrance Foyer, Kitchen Island, Open Floorplan, Double Vanity, Tub and Separate Shower, Tub/Shower Combination, Great Room
Flooring: Carpet, Vinyl
Doors: Storm Door(s)
Windows: Skylight(s)
Basement: Crawl Space,Daylight,Partially Finished,Finished,Block,Concrete
Has fireplace: No
Fireplace features: None

Interior area

Total structure area: 2,756
Total interior livable area: 2,256 sqft
Finished area above ground: 2,048
Finished area below ground: 208

Property

Parking

Parking features: Gravel
Has uncovered spaces: Yes

Features

Levels: Three Story
Stories: 3
Patio & porch: Deck, Patio
Exterior features: Balcony, Fire Pit, Workshop
Has spa: Yes
Spa features: Jet/Garden Tub
Has view: Yes
On waterfront: Yes
Waterfront features: Lake, Waterfront-Medium Bank, Deck on Waterfront, Pier/Dock, Lake Front, Non Ski Lake
Body of water: Sawmill Lake
Frontage length: Channel/Canal Frontage(0),Water Frontage(115)

Lot

Size: 0.38 Acres
Features: Irregular Lot, Level, Sloped, 10-14.999, City/Town/Suburb, Landscaped

Details

Parcel number: 430821300271.000023

Construction

Type & style

Home type: SingleFamily
Architectural style: Contemporary
Property subtype: Single Family Residence

Materials

Vinyl Siding
Roof: Shingle

Condition

New construction: No
Year built: 1965

Utilities & green energy

Electric: REMC
Gas: NIPSCO
Sewer: Regional
Water: Well

Community & HOA

Community

Security: Smoke Detector(s)
Subdivision: Other

Location

Region: Leesburg

Financial & listing details

Tax assessed value: $619,200
Annual tax amount: $4,978
Date on market: 4/3/2025

Price history

Date	Event	Price
11/3/2025	Sold	$445,000-4.3%
Source: IRMLS #202511153 Report a problem
10/29/2025	Pending sale	$465,000
Source: IRMLS #202511153 Report a problem
8/9/2025	Price change	$465,000-11.4%
Source: IRMLS #202511153 Report a problem
4/11/2025	Listed for sale	$525,000-19.1%
Source: IRMLS #202511153 Report a problem
1/20/2024	Listing removed	$649,000
Source: IRMLS #202329269 Report a problem
9/22/2023	Price change	$649,000-7.2%
Source: IRMLS #202329269 Report a problem
8/16/2023	Listed for sale	$699,000
Source: IRMLS #202329269 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$4,978 +6.3%	$619,200 +22%
2024	$4,683 +14.7%	$507,600 +9.1%
2023	$4,082 +12.7%	$465,200 +15.3%
2022	$3,623 +6.8%	$403,500 +16.5%
2021	$3,393 +5.6%	$346,400 +2.1%
2020	$3,214 +15.2%	$339,400 +4%
2019	$2,790 +0.2%	$326,500 +5.4%
2018	$2,784 +25.9%	$309,900 +2.3%
2017	$2,211 -4.7%	$302,800 +9%
2016	$2,320 -3.2%	$277,700 +1.6%
2014	$2,397 -4.7%	$273,300 +2.7%
2013	$2,515 +14.8%	$266,200 -3.1%
2012	$2,190 +12.4%	$274,700 +2.9%
2011	$1,949 -11.7%	$266,900
2010	$2,208 +17.5%	$266,900
2009	$1,879 +200.6%	$266,900 +36%
2007	$625	$196,300
2006	--	$196,300 +14.3%
2005	--	$171,800