PENDING but still available for individual showings + back up offers.
FSBO: Selling our parents' retirement home on Little Chapman Lake | Warsaw, Indiana
Rare double-lot waterfront opportunity in an amazing location.
Situated on a quiet channel with approximately 108 feet of frontage, this charming 2-bedroom, 2-bath home offers beautiful water views, a private pier, seawall, attached 2-car garage, and direct access to both Little and Big Chapman Lakes.
The inviting open-concept layout is ideal for everyday living and entertaining. The spacious kitchen, featuring a large island and breakfast bar, overlooks the living room and flows into the three-season sunroom, where a wall of windows on three sides provides unobstructed water views and the perfect place to relax, dine, or gather with family and friends.
A separate dining room offers flexibility and could easily serve as an office, additional gathering space, or even a third bedroom. With central A/C, a private well, recent regional sewer connection, two storage sheds, and attic storage above the garage, the property offers both comfort and practicality.
Step outside onto the lakeside deck and enjoy kayaking, fishing, paddle boarding, or simply relaxing along the lake’s calm no-wake waters. When you're ready for more activity, Big Chapman Lake is just a short boat ride away through the nearby two-way channel. Enjoy 504 acres of all-sports recreation, including boating, skiing, tubing, and swimming.
What truly sets this property apart is the included second waterfront lot. Whether you're looking for extra privacy and outdoor space, room for future expansion, investment potential, or the opportunity to build new, the possibilities are yours to explore.
Located in a quiet neighborhood with no through traffic, this property is equally suited as a year-round home, weekend retreat, or rental investment. Chapman Lakes is known for its clear water, excellent fishing, and strong sense of community. Its residents enjoy annual traditions including a Fourth of July parade and fireworks, pancake breakfasts, neighborhood garage sales, and other year-round conservation association events.
Conveniently located approximately one hour from Fort Wayne and South Bend and within 2-3 hours of Indianapolis and Chicago, this property offers the perfect balance of lake getaway and everyday accessibility.
The same family has enjoyed and cared for this special property for nearly 30 years. Now it's ready for its next chapter.
Call for a private showing.
Property is co-owned by licensed Illinois realtor and is being sold For Sale By Owner.
Pending
Price increase: $170K (8/21)
$595,000
17 Ems C19a Ln, Warsaw, IN 46582
2beds
1,290sqft
SingleFamily
Built in 1958
0.34 Acres Lot
$-- Zestimate®
$461/sqft
$-- HOA
What's special
Beautiful water viewsSeparate dining roomInviting open-concept layoutSpacious kitchenLakeside deckPrivate pier
What the owner loves about this home
Lots to love!
- 94 days
- 167
- 3
Listed by:
Property Owner (773) 203-8344
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Other
Cooling
- Central
Appliances
- Included: Dryer, Freezer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer
Features
- Flooring: Tile, Carpet
- Basement: None
- Has fireplace: Yes
Interior area
- Total interior livable area: 1,290 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage - Attached
Features
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
Lot
- Size: 0.34 Acres
Details
- Parcel number: 430735100006000016
Construction
Type & style
- Home type: SingleFamily
Materials
- Frame
- Foundation: Crawl/Raised
- Roof: Shake / Shingle
Condition
- New construction: No
- Year built: 1958
Community & HOA
Location
- Region: Warsaw
Financial & listing details
- Price per square foot: $461/sqft
- Tax assessed value: $320,900
- Annual tax amount: $3,064
- Date on market: 6/26/2026
Estimated market value
Not available
Estimated sales range
Not available
$1,801/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/31/2026 | Pending sale | $595,000$461/sqft |
Source: Owner Report a problem | ||
| 8/21/2026 | Price change | $595,000+40%$461/sqft |
Source: Owner Report a problem | ||
| 7/28/2026 | Price change | $425,000-5.6%$329/sqft |
Source: Owner Report a problem | ||
| 7/15/2026 | Price change | $450,000-33.3%$349/sqft |
Source: Owner Report a problem | ||
| 6/26/2026 | Listed for sale | $675,000$523/sqft |
Source: Owner Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,064 -12.7% | $320,900 +22.4% |
| 2024 | $3,511 +163% | $262,200 -11.5% |
| 2023 | $1,335 +13.2% | $296,300 +13.1% |
| 2022 | $1,180 +12.7% | $262,000 +9.4% |
| 2021 | $1,047 +9.6% | $239,400 +9.2% |
| 2020 | $955 +0.3% | $219,200 +3.6% |
| 2019 | $952 +12.1% | $211,600 |
| 2018 | $849 +28.1% | $211,600 +4% |
| 2017 | $663 +128.3% | $203,400 +18.9% |
| 2016 | $291 +7.7% | $171,100 +37.1% |
| 2014 | $270 -2% | $124,800 -0.1% |
| 2013 | $275 +71% | $124,900 -2.5% |
| 2012 | $161 -5.2% | $128,100 -2.5% |
| 2011 | $170 -3.8% | $131,400 |
| 2010 | $177 -70.1% | $131,400 -2.7% |
| 2009 | $591 +23.7% | $135,000 +11.9% |
| 2007 | $478 | $120,600 +1% |
| 2006 | -- | $119,400 +34.5% |
| 2005 | -- | $88,800 |
Find assessor info on the county website
Monthly payment
Est. payment





