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  • $305,000

    5046 N 475 E, Leesburg, IN 46538

    2beds
    1,063sqft
    Single Family Residence
    Built in 1945
    7,840 Square Feet Lot
    $308,600 Zestimate®
    $--/sqft
    $1,532 Estimated rent

    Home value

    $308,600

    $259,000 - $370,000

    $1,532/mo

    Zestimate® history
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    What's special

    Enjoy peaceful, private lake living on beautiful Shoe Lake, a no-wake lake perfect for relaxing, kayaking, fishing and taking in the scenery. This thoughtfully maintained and updated home features 2 bedrooms and 1 bathroom and is being offered fully furnished, making it truly move-in or rental ready. An added bonus is the finished bunk room attached to the garage, featuring a soundproof wall, Wi-Fi, and a mini-split system—ideal for guests, a home office, or additional sleeping space. All interior furnishings, décor, and appliances are included, allowing you to start enjoying the home immediately. The home has seen several recent upgrades, including a new high-efficiency HVAC system with a 10-year warranty and new windows (2025) throughout, with the exception of the porch. Motorboats are allowed on the lake with a 10 mph speed limit. Whether you’re looking for a serene weekend getaway, a full-time residence, or an investment opportunity, this fully equipped Shoe Lake property offers comfort, privacy, and lake life at it's finest.

    Zillow last checked:

    Listing updated:

    Listed by:

    Jenna C Jones Office:574-534-1010,

    Berkshire Hathaway HomeServices Goshen

    Bought with:

    Mauricio Martinez, RB22001400

    eXp Realty, LLC

    Source: IRMLS,MLS#: 202600693MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    • Main level bedrooms: 1
    Bedroom 1
    • Level: Main
    Bedroom 2
    • Level: Upper
    Dining room
    • Level: Main
    • Area: 80
    • Dimensions: 10 x 8
    Kitchen
    • Level: Main
    • Area: 72
    • Dimensions: 9 x 8
    Living room
    • Level: Main
    • Area: 192
    • Dimensions: 16 x 12
    Heating
    • Natural Gas, Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Range/Oven Hk Up Gas/Elec, Microwave, Refrigerator, Washer, Dryer-Electric, Electric Range, Electric Water Heater, Water Softener Rented
    • Laundry: Electric Dryer Hookup, Main Level, Washer Hookup
    Features
    • Ceiling Fan(s), Beamed Ceilings, Countertops-Solid Surf
    • Windows: Blinds
    • Basement: Crawl Space,Concrete
    • Number of fireplaces: 1
    • Fireplace features: Living Room
    Interior area
    • Total structure area: 1,063
    • Total interior livable area: 1,063 sqft
    • Finished area above ground: 1,063
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: Detached, Garage Door Opener
    • Garage spaces: 2
    Features
    • Levels: One and One Half
    • Stories: 1.5
    • Patio & porch: Enclosed
    • Exterior features: Fire Pit
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    • Waterfront features: Waterfront, Pier/Dock, Lake Front, Non Ski Lake, Lake
    • Body of water: Shoe Lake
    • Frontage length: Channel/Canal Frontage(0),Water Frontage(109)
    Lot
    • Size: 7,840 Square Feet
    • Dimensions: 106X72
    • Features: Lake, Landscaped
    Details
    • Parcel number: 430818200488.000023

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Traditional
    • Property subtype: Single Family Residence
    Materials
    • Vinyl Siding
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1945

    Utilities & green energy

    • Sewer: Regional
    • Water: Well

    Community & HOA

    Community
    • Subdivision: None
    Location
    • Region: Leesburg

    Financial & listing details

    • Tax assessed value: $208,500
    • Annual tax amount: $1,314
    • Date on market: 1/8/2026
    • Listing terms: Cash,Conventional,FHA,VA Loan

    Price history

    DateEventPrice
    4/30/2026Sold$305,000-2.9%
    Source: IRMLS #202600693 Report a problem
    3/31/2026Pending sale$314,000
    Source: IRMLS #202600693 Report a problem
    3/28/2026Price change$314,000-0.9%
    Source: IRMLS #202600693 Report a problem
    2/23/2026Price change$317,000-0.6%
    Source: IRMLS #202600693 Report a problem
    1/8/2026Listed for sale$319,000+19.9%
    Source: IRMLS #202600693 Report a problem
    8/16/2024Sold$266,000-3.2%
    Source: IRMLS #202425777 Report a problem
    7/12/2024Listed for sale$274,900+66.6%
    Source: IRMLS #202425777 Report a problem
    9/21/2023Sold$165,000+3.2%
    Source: IRMLS #202328929 Report a problem
    8/14/2023Listed for sale$159,900+100.1%
    Source: IRMLS #202328929 Report a problem
    8/5/2012Listing removed$79,900$75/sqft
    Source: Prickett's Properties Inc. #9001087 Report a problem
    5/1/2012Listed for sale$79,900+59.8%$75/sqft
    Source: Prickett's Properties Inc. #9001087 Report a problem
    7/21/1997Sold$50,000$47/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,375 +5.1%$208,500 +48.7%
    2024$1,309 +18.3%$140,200 +7.8%
    2023$1,106 +19.3%$130,000 +18.9%
    2022$927 +7%$109,300 +23.4%
    2021$866 +5.1%$88,600 +2.3%
    2020$824 +12.3%$86,600 +3.5%
    2019$734 -3.8%$83,700 +2.7%
    2018$763 +28.5%$81,500 +2.1%
    2017$594 -5.9%$79,800 +7%
    2016$631 +0.2%$74,600 +3.9%
    2014$630 -6.9%$71,800 +0.3%
    2013$676 +12.1%$71,600 -5.4%
    2012$603 +17.9%$75,700 +8%
    2011$512 -14.5%$70,100 -3.2%
    2010$599 +17.5%$72,400
    2009$510 -21.1%$72,400 -19.8%
    2007$646 $90,300
    2006-- $90,300 +57.9%
    2005-- $57,200
    Find assessor info on the county website

    Neighborhood: 46538

    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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