Welcome to Tippy Lake Life at this beautifully maintained lake home. It is filled with warmth, character, and natural light. The open-concept living space features a stunning vaulted ceiling accented by hand-hewn barn beams, creating the perfect blend of rustic charm and comfortable lake living. Luxury Vinyl Plank flooring is thru out the main living space. The great room has floor to ceilngs windows that allow the natural light to fill this space while giving you some lake views at the same time. The patio off front of home captures your lake views across the swimming beach easement for residents to enjoy and is located just steps from this home. The recently updated kitchen flows seamlessly into the main living and entertaining areas, making it easy to gather with family and friends. Stainless appliances and quartz countertops complete the dining experience for guests and lake lovers. Meticulously cared for throughout, this charming lake home is ready to enjoy from day one. There is outdoor entertaining space- the outdoor overflow parking concrete pads double as a pickle ball court for some fun after boating all day. This lake home was designed by an owner that understands lake living- there is even an outdoor shower to rinse off from the lake. Lake Tippecanoe is rich with history and is Indiana's Deepest Natural Glacier Made Lake and supports an all sports boating atmosphere. If you love fishing this lake has lots of options to dial in on, boat over to the country club for dinner and lunch, enjoy ice cream cone at Patona Bay for a sunset cruise on the lake or shop for your next surf boat or pontoon all with out getting in your car! Gas docks and 2 marinas are available to serve you in all your boating needs. There is a vinyl dock that is owned by this seller and will be included in home sale- dock your boat there and enjoy all that Tippy Lake has to offer. Whether you're looking for a weekend lake getaway or a place to call home, this HOME captures everything you love about relaxed lake living and the ease of just simply enjoying one of our state's great vacation destination- or make this your year round residence- you choose!
Active under contract
$520,000
185 Ems T32 Ln, Leesburg, IN 46538
3beds
2,155sqft
Single Family Residence
Built in 1954
6,098 Square Feet Lot
$503,700 Zestimate®
$--/sqft
$13/mo HOA
What's special
Hand-hewn barn beamsQuartz countertopsOpen-concept living spaceStunning vaulted ceilingRecently updated kitchenStainless appliancesBeautifully maintained lake home
- 30 days
- 2,107
- 84
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Deb Paton Showley Cell:574-527-6022,
Coldwell Banker Real Estate Group
Source: IRMLS,MLS#: 202638596
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
- Main level bedrooms: 1
Bedroom 1
- Level: Main
Bedroom 2
- Level: Upper
Dining room
- Level: Main
- Area: 88
- Dimensions: 8 x 11
Kitchen
- Level: Main
- Area: 88
- Dimensions: 8 x 11
Living room
- Level: Main
- Area: 357
- Dimensions: 21 x 17
Heating
- Natural Gas, Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Microwave, Refrigerator, Washer, Dryer-Electric, Gas Oven, Gas Range, Water Softener Owned
- Laundry: Sink, Main Level, Washer Hookup
Features
- 1st Bdrm En Suite, Ceiling-9+, Cathedral Ceiling(s), Ceiling Fan(s), Beamed Ceilings, Vaulted Ceiling(s), Walk-In Closet(s), Countertops-Solid Surf, Entrance Foyer, Kitchen Island, Natural Woodwork, Open Floorplan, Double Vanity, Stand Up Shower, Tub/Shower Combination, Main Level Bedroom Suite, Great Room, Custom Cabinetry
- Flooring: Carpet, Vinyl, Ceramic Tile
- Doors: Pocket Doors, Six Panel Doors
- Basement: Crawl Space
- Number of fireplaces: 1
- Fireplace features: Living Room, Gas Log, One
Interior area
- Total structure area: 2,155
- Total interior livable area: 2,155 sqft
- Finished area above ground: 2,155
- Finished area below ground: 0
Property
Parking
- Total spaces: 2.5
- Parking features: Detached, Concrete
- Garage spaces: 2.5
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered, Patio
- Exterior features: Workshop
- Fencing: None
- Waterfront features: Boat Docking Rights, Pier/Dock, Walk to Lake Access, Assoc, Ski Lake, Lake
- Body of water: Tippecanoe Lake
Lot
- Size: 6,098 Square Feet
- Dimensions: 50x125
- Features: Level, Lake, Rural, Rural Subdivision, Landscaped, Near Walking Trail
Details
- Parcel number: 430712400035.000016
- Other equipment: Sump Pump+Battery Backup
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Other
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
- Roof: Asphalt,Shingle,Dimensional Shingles
Condition
- New construction: No
- Year built: 1954
Utilities & green energy
- Electric: REMC
- Gas: NIPSCO
- Sewer: Regional
- Water: Well
Community & HOA
Community
- Subdivision: Bellrohr Park
HOA
- Has HOA: Yes
- HOA fee: $150 annually
Location
- Region: Leesburg
Financial & listing details
- Tax assessed value: $330,700
- Annual tax amount: $3,600
- Date on market: 9/17/2026
- Listing terms: Cash,Conventional
Estimated market value
$503,700
$479,000 - $529,000
$1,964/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/17/2026 | Listed for sale | $520,000+18.2% |
Source:  IRMLS #202638596 Report a problem | ||
| 11/9/2023 | Sold | $440,000 |
Source: IRMLS #202337425 Report a problem | ||
| 10/12/2023 | Pending sale | $440,000+604% |
Source: IRMLS #202337425 Report a problem | ||
| 7/19/1998 | Sold | $62,500$29/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,768 +21.8% | $330,700 +2.5% |
| 2024 | $3,094 +6.9% | $322,500 +23.5% |
| 2023 | $2,895 +20.4% | $261,100 +5.3% |
| 2022 | $2,405 +5.5% | $248,000 +22.2% |
| 2021 | $2,280 +8.9% | $202,900 +8% |
| 2020 | $2,094 +5.6% | $187,900 +3.6% |
| 2019 | $1,982 +10.9% | $181,300 +5.2% |
| 2018 | $1,788 -7.6% | $172,300 +5% |
| 2017 | $1,936 +5% | $164,100 +0.8% |
| 2016 | $1,843 +16.8% | $162,800 +13% |
| 2014 | $1,578 +53.4% | $144,100 +59.2% |
| 2013 | $1,029 -3.5% | $90,500 -1.3% |
| 2012 | $1,065 +27.4% | $91,700 +15.6% |
| 2011 | $837 -3.8% | $79,300 |
| 2010 | $870 +0.1% | $79,300 |
| 2009 | $869 +52.7% | $79,300 +35.8% |
| 2007 | $569 | $58,400 |
| 2006 | -- | $58,400 |
| 2005 | -- | $58,400 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 46538
Nearby schools
Schools provided by the listing agent
- Elementary: Leesburg
- Middle: Lakeview
- High: Warsaw
- District: Warsaw Community
Source: IRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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