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Active
    • Price cut: $10K (7/15)
    $119,999

    50 Ems B4 Ln, Leesburg, IN 46538

    2beds
    960sqft
    Manufactured Home, Single Family Residence
    Built in 1986
    6,098 Square Feet Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Attached garageFunctional layout
    Investor special with endless potential! This ranch home offers a great opportunity for investors, flippers, or buyers looking to build equity through renovations. Situated on a spacious lot with mature trees, the property features an attached garage and a functional layout ready for your vision. The home is in need of repairs and updates and is being sold as-is for cash. Whether you’re looking for your next renovation project, rental investment, or affordable opportunity to customize a home to your liking, this property has plenty of potential. Conveniently located near area lakes, shopping, dining, and local amenities.
    17 days
    |
    1,611
    |
    70
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Kate E Basham kate@baronmg.com,

    St. Joseph Realty Group

    Source: IRMLS,MLS#: 202626501MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 1
      • Full bathrooms: 1
      • Main level bedrooms: 2
      Bedroom 1
      • Level: Main
      Bedroom 2
      • Level: Main
      Heating
      • Natural Gas, Forced Air
      Cooling
      • None
      Features
      • Basement: Crawl Space
      • Has fireplace: No
      Interior area
      • Total structure area: 960
      • Total interior livable area: 960 sqft
      • Finished area above ground: 960
      • Finished area below ground: 0
      Video & virtual tour

      Property

      Parking
      • Total spaces: 1
      • Parking features: Attached
      • Attached garage spaces: 1
      Features
      • Levels: One
      • Stories: 1
      • Has view: Yes
      • View description: Water
      • Has water view: Yes
      • Water view: Water
      • Waterfront features: Canal Front, Lake
      • Body of water: Big Barbee Lake
      • Frontage length: Channel/Canal Frontage(0.01),Water Frontage(0)
      Lot
      • Size: 6,098 Square Feet
      • Dimensions: 69x91
      Details
      • Parcel number: 430827100032.000023

      Construction

      Type & style
      • Home type: MobileManufactured
      • Property subtype: Manufactured Home, Single Family Residence
      Materials
      • Vinyl Siding
      Condition
      • New construction: No
      • Year built: 1986

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Well

      Community & HOA

      Community
      • Subdivision: None
      Location
      • Region: Leesburg

      Financial & listing details

      • Tax assessed value: $224,800
      • Annual tax amount: $1,947
      • Date on market: 7/3/2026
      • Listing terms: Cash
      Kate E Basham

      Kate E Basham

      By pressing Contact Agent, you agree that the real estate professional identified above may call/text you about your search, which may involve use of automated means and pre-recorded/artificial voices. You don't need to consent as a condition of buying any property, goods, or services. Message/data rates may apply. You also agree to our Terms of Use. Zillow does not endorse any real estate professionals. We may share information about your recent and future site activity with your agent to help them understand what you're looking for in a home.

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,295/mo

        Price history

        DateEventPrice
        7/15/2026Price change$119,999-7.7%
        Source: IRMLS #202626501 Report a problem
        7/3/2026Listed for sale$130,000
        Source: IRMLS #202626501 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,947 +9.9%$224,800 +13.2%
        2024$1,773 +10.4%$198,600 +12.8%
        2023$1,606 +15.1%$176,100 +11%
        2022$1,395 +12.4%$158,700 +19%
        2021$1,242 +9.4%$133,400 +7.4%
        2020$1,135 +20.4%$124,200 +7.7%
        2019$943 +2.6%$115,300 +10.1%
        2018$918 +23.5%$104,700 +4.8%
        2017$744 -3.4%$99,900 +7%
        2016$770 +1.8%$93,400 +8.2%
        2014$757 -7.3%$86,300 -0.1%
        2013$816 +15.7%$86,400 -2.4%
        2012$706 +27.7%$88,500 +16.9%
        2011$553 -13.8%$75,700 -2.3%
        2010$641 +20.4%$77,500 +2.5%
        2009$532 +272.7%$75,600 +15.2%
        2007$143 $65,600
        2006-- $65,600
        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        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.
        See how much you could borrow to make a competitive offer.
        Get pre-qualified

        Climate risks

        Neighborhood: 46538

        Getting around

        2 / 100
        Car-Dependent
        21 / 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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