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Off market
  • $596,800

    291 Ems T25 Ln, Leesburg, IN 46538

    --beds
    --sqft
    SingleFamily
    Built in ----
    -- sqft lot
    $596,800 Zestimate®
    $--/sqft
    $1,851 Estimated rent

    Home value

    $596,800

    $471,000 - $764,000

    $1,851/mo

    Zestimate® history
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    Owner options

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    $1,851/mo

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    $1,851/mo

    Rent Zestimate®

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    $2,816/mo

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    $2,816/mo

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    What's special

    Unique opportunity with lake frontage of nearly 400 ft. on Lake Tippecanoe. This historical and popular landmark, Tippy Ballroom Gardens, has been a focal point on Tippy for nearly 40 years. There are several parcels included in this property. 4 community docks that are rented seasonally, 5 summer cottages as well as an area for gas pumps and a boat ramp Tenants currently lease gas docks and cottages as well as Tippy Ballroom through the summer months. All the dock spaces are usually rented as well. There is also nearly 15 acres of wooded area currently zoned and used as a campground, with many of the open lots rented seasonally. Ingress and egress options are where there are some rental cottages that could be removed for this purpose. The parking lot is located between Tippy Ballroom and lake frontage. This site is ideal for a restaurant, conference center, or possibly a condominiums with access to pier space. This is a rare and unique opportunity for investors and Tippy residents! Qualified buyers only please.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 2
    • Full bathrooms: 2

    Construction

    Type & style
    • Home type: SingleFamily

    Community & HOA

    Location
    • Region: Leesburg

    Price history

    DateEventPrice
    1/10/2017Listing removed$4,500,000
    Source: Coldwell Banker Roth Wehrly Graber #201600445 Report a problem
    1/8/2016Listed for sale$4,500,000
    Source: Coldwell Banker Roth Wehrly Graber #201600445 Report a problem
    7/24/2015Listing removed$4,500,000
    Source: Coldwell Banker Roth Wehrly Graber #201508126 Report a problem
    3/8/2015Listed for sale$4,500,000
    Source: Coldwell Banker Roth Wehrly Graber #201508126 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 46538

    Nearby schools

    GreatSchools rating
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