Affordable lakefront living on Big Barbee Lake! This charming 2-bedroom, 1-bath lakefront cottage is the perfect getaway for anyone looking to enjoy lake life without the high price tag. Remodeled in 2021, the home features updated flooring, fresh interior finishes, and built-in bunk beds—perfect for hosting family and friends. Additional improvements include new exterior paint in 2023 and a new rubber roof in 2024, giving you peace of mind and a fresh, well-maintained feel. Being sold completely furnished, this cozy retreat is truly move-in ready and ideal for seasonal living or weekend escapes. Located within a small cluster of just four villa-style homes, the property offers a peaceful setting with a sense of community. The shared parcel allows homeowners to collectively maintain the lawn and outdoor spaces, creating a well-kept and inviting environment for everyone to enjoy. Enjoy beautiful lakefront views plus access to six additional lakes on the Barbee Chain, offering endless opportunities for boating, fishing, and relaxing on the water. Hard-to-find lakefront living at just $175,000—don’t miss your chance to own an affordable slice of lake life!
Closed
$175,000
40 Ems B56 Ln, Warsaw, IN 46582
2beds
576sqft
Single Family Residence
Built in 1926
0.38 Acres Lot
$176,800 Zestimate®
$--/sqft
$1,067 Estimated rent
Home value
$176,800
$147,000 - $212,000
$1,067/mo
Zestimate® history
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$1,642/mo
Est. payment
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$1,642/mo
Est. payment
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List your homeWhat's special
Cozy retreatBeautiful lakefront viewsFresh interior finishesWell-kept and inviting environmentUpdated flooringLakefront cottageNew exterior paint
Zillow last checked:
Listing updated:
Listed by:
Kerri Cook Cell:574-551-0720,
Patton Hall Real Estate
Bought with:
Melinda Scaggs, RB17001608
Legacy Group Real Estate LLC
Source: IRMLS,MLS#: 202607778
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bedrooms: 2
Bedroom 1
- Level: Main
Bedroom 2
- Level: Main
Kitchen
- Area: 84
- Dimensions: 12 x 7
Living room
- Area: 176
- Dimensions: 16 x 11
Heating
- None
Cooling
- Wall Unit(s)
Appliances
- Included: Refrigerator, Gas Oven, Gas Range, Gas Water Heater
Features
- Eat-in Kitchen
- Flooring: Carpet, Vinyl
- Windows: Window Treatments
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 576
- Total interior livable area: 576 sqft
- Finished area above ground: 576
- Finished area below ground: 0
Property
Parking
- Parking features: Gravel
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Waterfront features: Pier/Dock, Assoc, Lake Front, Ski Lake, Lake
- Body of water: Big Barbee Lake
- Frontage length: Channel/Canal Frontage(0),Water Frontage(66)
Lot
- Size: 0.38 Acres
- Dimensions: 66x250
- Features: Level, 0-2.9999, Landscaped
Details
- Additional structures: Shed
- Parcel number: 430828100372.000023
- Zoning: R1
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Stucco
- Foundation: Slab
- Roof: Rubber
Condition
- New construction: No
- Year built: 1926
Utilities & green energy
- Electric: NIPSCO
- Gas: NIPSCO
- Sewer: Regional
- Water: Well
Community & neighborhood
Location
- Region: Warsaw
- Subdivision: Barbee Villa
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $540 annually
Other
Other facts
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 4/17/2026 | Sold | $175,000 |
Source:  IRMLS #202607778 Report a problem | ||
| 3/15/2026 | Pending sale | $175,000 |
Source: IRMLS #202607778 Report a problem | ||
| 3/10/2026 | Listed for sale | $175,000+66.7% |
Source: IRMLS #202607778 Report a problem | ||
| 7/9/2019 | Sold | $105,000-9.9%$182/sqft |
Source: Berkshire Hathaway HomeServices Northern Indiana Real Estate Solds #201908795_46582 Report a problem | ||
| 3/14/2019 | Listed for sale | $116,500$202/sqft |
Source: Warsaw, Indiana #201908795 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,259 +6.4% | $148,400 +15.6% |
| 2024 | $1,184 +14.4% | $128,400 +9.2% |
| 2023 | $1,035 +13% | $117,600 +15% |
| 2022 | $916 +12.6% | $102,300 +16.8% |
| 2021 | $814 +2.3% | $87,600 +7.6% |
| 2020 | $795 +14.3% | $81,400 +0.7% |
| 2019 | $696 +0.7% | $80,800 +4.5% |
| 2018 | $691 +20.3% | $77,300 +2.8% |
| 2017 | $575 -4.2% | $75,200 +4.2% |
| 2016 | $600 -5.3% | $72,200 -0.1% |
| 2014 | $634 -3.8% | $72,300 +3.6% |
| 2013 | $659 +13% | $69,800 -4.6% |
| 2012 | $584 +34.3% | $73,200 +23% |
| 2011 | $434 -7.1% | $59,500 |
| 2010 | $467 +17.5% | $59,500 |
| 2009 | $398 -18% | $59,500 -16% |
| 2007 | $485 | $70,800 +20% |
| 2006 | -- | $59,000 +37.5% |
| 2005 | -- | $42,900 |
Find assessor info on the county website
Neighborhood: 46582
Nearby schools
GreatSchools rating
- 7/10North Webster Elementary SchoolGrades: PK-5Distance: 2.1 mi
- 7/10Wawasee Middle SchoolGrades: 6-8Distance: 6.1 mi
- 4/10Wawasee High SchoolGrades: 9-12Distance: 9.2 mi
Schools provided by the listing agent
- Elementary: North Webster
- Middle: Wawasee
- High: Wawasee
- District: Wawasee
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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$176,800
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- Indiana
- Kosciusko County
- Warsaw
- 46582
- 40 Ems B56 Ln
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