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Active
    • $319,900

    49 Ems B40g Ln, Leesburg, IN 46538

    2beds
    1,488sqft
    : 
    $1,964/mo
    Get pre-qualified
    Single Family Residence
    Built in 1955
    3,484 Square Feet Lot
    $318,200 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Stunning waterfront viewsModern finishesSpacious outdoor areasLakefront cottageInviting atmosphere
    Enjoy this delightful lakefront cottage on picturesque Irish Lake. This completely updated 2-bedroom, 1.5-bath home offers approximately 1,488 square feet of comfortable living space with modern finishes and an inviting atmosphere. Built in 1955 and thoughtfully refreshed, it perfectly blends classic lakeside character with today’s conveniences. Enjoy stunning waterfront views from the home and its spacious outdoor areas, with roughly 50 feet of channel frontage ideal for boating, fishing or simply relaxing by the water. Located on the desirable Barbee Chain of Lakes, this turnkey retreat is perfect for weekend getaways, full-time living, or as a vacation rental. Whether you’re watching the sunrise over the water or entertaining friends and family, this cozy Irish Lake cottage delivers the ultimate Indiana lake lifestyle.
    13 days
    |
    1,227
    |
    48
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Vince Beasley 574-457-2880,

    Northern Lakes Realty

    Source: IRMLS,MLS#: 202627787MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 1
      • 1/2 bathrooms: 1
      Bedroom 1
      • Level: Upper
      Bedroom 2
      • Level: Upper
      Heating
      • Ceiling, Wall Furnace
      Cooling
      • Wall Unit(s)
      Appliances
      • Included: Disposal, Microwave, Refrigerator, Washer, Dryer-Electric, Washer/Dryer Stacked, Electric Range, Electric Water Heater
      • Laundry: Electric Dryer Hookup, Main Level, Washer Hookup
      Features
      • Ceiling Fan(s), Laminate Counters, Open Floorplan
      • Flooring: Carpet, Laminate
      • Basement: Crawl Space
      • Has fireplace: No
      Interior area
      • Total structure area: 1,488
      • Total interior livable area: 1,488 sqft
      • Finished area above ground: 1,488
      • Finished area below ground: 0
      Video & virtual tour

      Property

      Parking
      • Parking features: Gravel
      • Has uncovered spaces: Yes
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Deck
      • Exterior features: Boat Lift-Covered
      • Has view: Yes
      • View description: Water
      • Has water view: Yes
      • Water view: Water
      • Waterfront features: Waterfront, Lake, Waterfront-Level Bank, Deck on Waterfront, Pier/Dock, Lake Front, Ski Lake
      • Body of water: Irish Lake
      • Frontage length: Channel/Canal Frontage(0),Water Frontage(50)
      Lot
      • Size: 3,484 Square Feet
      • Dimensions: 50x68
      • Features: Level, Flood Plain, Lake, Rural
      Details
      • Parcel number: 430821300499.000023

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: A-Frame
      • Property subtype: Single Family Residence
      Materials
      • Vinyl Siding
      • Foundation: Slab
      • Roof: Shingle
      Condition
      • New construction: No
      • Year built: 1955

      Utilities & green energy

      • Sewer: Regional
      • Water: Well

      Community & HOA

      Community
      • Security: Smoke Detector(s)
      • Subdivision: Crest Wood / Crestwood
      Location
      • Region: Leesburg

      Financial & listing details

      • Tax assessed value: $262,900
      • Annual tax amount: $2,342
      • Date on market: 7/11/2026

        Estimated market value

        $318,200

        $302,000 - $334,000

        $1,517/mo

        Price history

        DateEventPrice
        7/11/2026Listed for sale$319,900+25.5%
        Source: IRMLS #202627787 Report a problem
        3/20/2025Sold$255,000-3.8%
        Source: IRMLS #202501240 Report a problem
        2/13/2025Pending sale$265,000
        Source: IRMLS #202501240 Report a problem
        1/14/2025Listed for sale$265,000-1.5%
        Source: IRMLS #202501240 Report a problem
        12/23/2024Listing removed$269,000
        Source: IRMLS #202430401 Report a problem
        9/16/2024Price change$269,000-3.6%
        Source: IRMLS #202430401 Report a problem
        8/12/2024Listed for sale$279,000+87.2%
        Source: IRMLS #202430401 Report a problem
        12/20/2016Listing removed$149,000$100/sqft
        Source: Todd Realty #201542691 Report a problem
        6/9/2016Price change$149,000-11%$100/sqft
        Source: Todd Realty #201542691 Report a problem
        9/5/2015Listed for sale$167,500$113/sqft
        Source: Todd Realty #201542691 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,834 +114.2%$262,900 -9%
        2024$1,323 +7.5%$289,000 +8.5%
        2023$1,231 +21.6%$266,400 +15%
        2022$1,013 -45.9%$231,700 +16.9%
        2021$1,873 +4.3%$198,200 +4.1%
        2020$1,796 +13.1%$190,400 +2.6%
        2019$1,588 -0.2%$185,500 +3.4%
        2018$1,591 +19.7%$179,400 +1.9%
        2017$1,330 -4.5%$176,100 +3.6%
        2016$1,393 -3.3%$170,000 +1.6%
        2014$1,441 -4.3%$167,300 +3%
        2013$1,506 +12.4%$162,400 -5.1%
        2012$1,340 +11.3%$171,100 +1.9%
        2011$1,204 -11.7%$167,900
        2010$1,364 +17.5%$167,900
        2009$1,161 +0.7%$167,900 +4.2%
        2007$1,153 $161,100 +35%
        2006-- $119,300 +33.1%
        2005-- $89,600
        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.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 46538

        Getting around

        0 / 100
        Car-Dependent
        25 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        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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